NOT LISTED FOR SALE

115 Justice St Louisburg, NC 27549

Estimated Value: $260,905 - $313,000

4 Beds
2 Baths
1,780 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $185,000 $104 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,832/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Home Office
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of April 2022

Classic brick home with tremendous potential. This has become a truly rare find with this kind of square footage. Nice wooded lot with good size back yard. The 2 car attached carport and screened porch are nice bonuses. Living room has a fireplace. Kitchen has had some updates. Separate dining room. 2 bedrooms on the 1st floor plus 2 large bedrooms upstairs and a cute office space. Don't miss this opportunity. Call Today!!!

Last Agent to Sell the Property

Carl Pike

Triangle North Realty License #183963 Listed on: 03/21/2022

Last Buyer's Agent

Rachel Rowell

ERA Live Moore License #307410

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1954

Lot Details

  • 0.28

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,780 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Crawl Space
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Private Driveway

Schools

  • Louisburg Elementary School
  • Terrell Lane Middle School
  • Louisburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Porch
  • 0.28 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1780.0
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 108.0
  • General Property Information Total Unfinished Area2: 108.0
  • General Property Information Lot Size Dimensions: SEE TAX MAP
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Levels One and One Half: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information Above Grade Finished Area: 1780.0
  • General Property Information Carport YN: Yes
  • Special Circumstances REOLender Owned: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Acres: 0.28
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.28
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Carport, Concrete, Driveway
  • Parking Features:Attached: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Franklin - Louisburg
  • Middle Or Junior School: Franklin - Terrell Lane

Lot Info

  • Lot Dimensions: SEE TAX MAP
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1803.0
  • Tax Year: 2021
  • Tax Map Number: 018040

MLS Schools

  • Elementary School: Franklin - Louisburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 28, 2022
Sold by
Spears Justin R and Spears Jacquelyn R
Bought by
Spears Holding Two Llc
Seller's Agent
Carl Pike
Triangle North Realty
Buyer's Agent
Rachel Rowell
ERA Live Moore
List Price
$169,000
Sold Price
$185,000
Premium/Discount to List
$16,000
9.47%
Current Estimated Value
$291,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,476
Avg. Annual Appreciation
15.34%

Purchase Details

Closed on
Jun 10, 2020
Sold by
Person Robert A
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Spears Holding Two Llc -- None Listed On Document
Federal National Mortgage Association $118,106 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Person Robert A $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $185,000 -- --
04/28/2022 04/28/22 Sold $185,000 +9.5% $104 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $169,000 -- $95 / Sq Ft
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
2024 $3,069 $294,469 $26,289 $268,180
2023 $1,868 $136,790 $16,600 $120,190
2022 $1,789 $136,790 $16,600 $120,190
2021 $1,803 $136,790 $16,600 $120,190
2020 $1,808 $136,790 $16,600 $120,190
2019 $1,798 $136,790 $16,600 $120,190
2018 $1,793 $136,790 $16,600 $120,190
2017 $1,259 $85,210 $15,000 $70,210
2016 $1,307 $85,210 $15,000 $70,210
2015 $1,324 $85,210 $15,000 $70,210
2014 $1,254 $85,210 $15,000 $70,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2437824

Doorify MLS

APN: 018040