NOT LISTED FOR SALE

131 Green Ridge Ln Louisburg, NC 27549

Estimated Value: $235,000 - $293,556

10.06 Acres
$25,660 Price per Acre
438,214 Sq Ft Lot

Last Sold June 06, 2024

Last sale price $275,000

Est. 6% decrease in value since last sale

Current estimated payment $1,498/month

4 Days on Market

Highlights

  • Barn
  • 10.06 Acre Lot
  • Private Lot
  • View of Trees or Woods
  • Farm
  • Partially Wooded Lot

About This Lot

As of June 2024

Discover the serenity & privacy of country living! Bring your horses and come build your dream home! Step into endless possibilities with a versatile 24x40 building, complete with roll-up doors on both ends, offering convenient access from any angle. Experience the joys of seasonal abundance with fig, pear & pecan trees and crepe myrtles gracing the landscape with bursts of color throughout the year. The well pump was replaced & tested 15 years ago. The septic system's specifics weren't officially verified by Franklin County due to its age, but it served as the waste management solution for a two-bedroom occupancy. New perk test is needed. Informal road maintenance agreement, ensuring the upkeep of the shared road for just $20 a month.

Last Agent to Sell the Property

Samara Presley

Smart Choice Realty Company License #223812 Listed on: 05/02/2024

Last Buyer's Agent

Rachel Rowell

ERA Live Moore License #307410

ERA Live Moore

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $858

Lot Details

  • 10.06 Acre Lot
  • Dirt Road
  • Gated Home
  • Private Lot
  • Cleared Lot
  • Partially Wooded Lot

Property Views

  • Views of Woods

Schools

  • Bunn Elementary And Middle School
  • Bunn High School

Farming

  • Barn
  • Farm
  • Agricultural

Utilities

  • Underground Utilities
  • Propane
  • Well
  • Septic Tank
  • Septic System
  • Phone Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$858

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Dirt, Gravel
  • Reso Association Fee Includes: None
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: see Division of Tract plat
  • Water Source Well: Yes
  • Other Structures Outbuilding: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Utilities Underground Utilities: Yes
  • View TreesWoods: Yes
  • Utilities Septic Connected: Yes
  • Road Surface Type Gravel2: Yes
  • Vegetation Partially Wooded: Yes
  • Fencing Gate: Yes
  • Other Structures Barn(s): Yes
  • General Property Information Lot Size Square Feet2: 438212.0
  • General Property Information Lot Size Acres: 10.06
  • Road Surface Type Dirt2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Residential
  • Community Features:None3: Yes

Exterior Features

  • Fencing: Gate
  • Acres: 10.06
  • Lot Features:Wooded: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Farm: Yes
  • Lot Features:Agricultural: Yes

Utilities

  • Utilities: Electricity Connected, Phone Available, Septic Connected, Water Available, Propane, Underground Utilities
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Residential
  • Lot Dimensions: see Division of Tract plat
  • Lot Size Sq Ft: 438212.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 857.77
  • Tax Year: 2023
  • Tax Map Number: 2

MLS Schools

  • Elementary School: Franklin - Bunn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
May 30, 2024
Sold by
Stewart Frederick and Stewart Fred
Bought by
Spears Holding One Llc
Seller's Agent
Samara Presley
Smart Choice Realty Company
Buyer's Agent
Rachel Rowell
ERA Live Moore
List Price
$250,000
Sold Price
$275,000
Premium/Discount to List
$25,000
10%
Views
11
Current Estimated Value
$258,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,861
Avg. Annual Appreciation
-4.30%
Original Mortgage
$233,750
Outstanding Balance
$230,445
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$27,694

Purchase Details

Closed on
Oct 18, 2001
Bought by
Stewart Fred
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 One Llc $275,000 Land And Title
Stewart Fred $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears Holding One Llc $233,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $275,000 +10.0% --
05/07/2024 05/07/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $250,000 -- --
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 $1,687 $276,580 $151,270 $125,310
2024 $1,659 $276,580 $151,270 $125,310
2023 $858 $86,950 $52,010 $34,940
2022 $848 $86,950 $52,010 $34,940
2021 $856 $86,950 $52,010 $34,940
2020 $861 $86,950 $52,010 $34,940
2019 $844 $86,950 $52,010 $34,940
2018 $840 $86,950 $52,010 $34,940
2017 $646 $59,070 $43,580 $15,490
2016 $666 $59,070 $43,580 $15,490
2015 $666 $59,070 $43,580 $15,490
2014 $610 $59,070 $43,580 $15,490
Source: Public Records

Agents Affiliated with this Home

  • Samara Presley

    Seller's Agent in 2024

    Samara Presley

    Smart Choice Realty Company

    (919) 322-0077

    7 in this area

    279 Total Sales

    Samara Presley
    Section Image

  • R

    Buyer's Agent in 2024

    Rachel Rowell

    ERA Live Moore

    (919) 610-2673

    18 in this area

    171 Total Sales

    Rachel Rowell
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10026873

Doorify MLS

APN: 034000

North Carolina Franklin County Louisburg 27549

131 Green Ridge Ln, Louisburg, NC

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