NOT LISTED FOR SALE

112 Osela Ln Louisburg, NC 27549

Estimated Value: $18,439

0.1 Acre
$184,390 Price per Acre
4,356 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $8,500

Est. 117% increase in value since last sale

Current estimated payment $116/month

15 Days on Market

Highlights

  • Boat Ramp
  • Wooded Lot
  • Corner Lot

About This Lot

As of May 2021

Beautiful Camping Lot within walking distance of playground, pavilion and tennis court. Lot has electric, water and a weathered older shed (as-is). Lot has overgrowth & made need addl. clearing. Vacation year round at this beautiful gated lake community. Two beaches, Outdoor gym, clubhouse, pavilion, pool, outdoor exercise equipment, put put golf, tennis, beach volleyball, 18 hole golf course & more. Owner prefers to sell neighboring lot MLS listing 359807 together with this one. Can be combined.

Last Agent to Sell the Property

Andie Smith

Pineridge Realty & Development License #285155 Listed on: 04/18/2021

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $226

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Wooded Lot

Schools

  • Ed Best Elementary School
  • Bunn Middle School
  • Bunn High School

Community Details

Overview

  • Lake Royale Subdivision

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$226

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Subdivision Name: Lake Royale
  • Water Source Public: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Lot Water Features Public Boat Ramp 2-3 Miles: Yes
  • General Property Information Lot Size Acres: 0.1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.1
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Ninth Grade High School: Franklin - Bunn
  • Middle Or Junior School: Franklin - Bunn

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 12, 2021
Sold by
Stokes Vickie and Stokes Matthew
Bought by
Pope Hubert D
Seller's Agent
Andie Smith
Pineridge Realty & Development
Buyer's Agent
Non Member
Non Member Office
List Price
$8,500
Sold Price
$8,500
Current Estimated Value
$18,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,939

Purchase Details

Closed on
Oct 3, 2011
Sold by
Mason Walter
Bought by
Stokes Vickie

Purchase Details

Closed on
Oct 19, 2009
Sold by
Stokes Vickie
Bought by
Mason Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 2009
Sold by
Mclenithan Brian and Mclenithan Peggy
Bought by
Stokes Vickie Eatmon

Purchase Details

Closed on
Jan 22, 2006
Sold by
Windham Run Investments Llc
Bought by
Mclennithan Brian and Mclennithan Peggy

Purchase Details

Closed on
Dec 30, 2005
Sold by
Moody Henry and Moody Hatie S
Bought by
Windham Run Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pope Hubert D $13,500 None Available
Pope Hubert D $13,500 None Listed On Document
Pope Hubert D $13,500 None Listed On Document
Stokes Vickie $10,000 None Available
Mason Walter $10,000 None Available
Stokes Vickie Eatmon $8,000 None Available
Mclennithan Brian $10,000 None Available
Windham Run Investments Llc $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Walter $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $8,500 -- --
05/14/2021 05/14/21 Sold $8,500 0.0% --
05/03/2021 05/03/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $8,500 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $226 $39,710 $30,000 $9,710
2024 $222 $39,710 $30,000 $9,710
2023 $150 $17,390 $12,000 $5,390
2022 $72 $8,410 $7,500 $910
2021 $47 $5,410 $4,500 $910
2020 $47 $5,410 $4,500 $910
2019 $47 $5,410 $4,500 $910
2018 $47 $5,410 $4,500 $910
2017 $53 $5,560 $4,500 $1,060
2016 $55 $5,560 $4,500 $1,060
2015 $55 $5,560 $4,500 $1,060
2014 -- $5,560 $4,500 $1,060
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andie Smith

    Pineridge Realty & Development

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2378708

Doorify MLS

APN: 038078

North Carolina Franklin County Louisburg 27549

112 Osela Ln, Louisburg, NC

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes