NOT LISTED FOR SALE

168 Terrell Ln Louisburg, NC 27549

Estimated Value: $388,000 - $511,000

3 Beds
2.5 Baths
2,128 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $475,000 $223 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,702/month

7 Days on Market

Highlights

  • 3.32 Acre Lot
  • Wood Flooring
  • 2 Fireplaces
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of October 2023

Embrace the tranquility and secluded majesty of this stunning split foyer; a hidden gem nestled on a lush 3.32 acre Louisburg lot. Truly a unique opportunity in this marketplace, with its beautiful greenscapes, thoughtfully elegant finishes, a remarkably configured wired workshop/garage and an enveloping pressure treated wrap deck. This magnificent home is reminiscent of a "mountain lodge," and has been recently refreshed with a rustic exterior stain on both house and workshop. The interior is adorned by a gorgeous open floorplan, a lavish kitchen and an updated master bath. An expansive basement recreation area leads to a double garage, ready for cars or crafts. If you're looking for a personal fragment of paradise; without sacrificing access to everything; look no further. You've found your way...Home.

Last Agent to Sell the Property

Warren Sumner

Long & Foster Real Estate INC/Brier Creek License #274984 Listed on: 08/28/2023

Long & Foster Real Estate INC/Brier Creek

Last Buyer's Agent

Warren Sumner

Real Broker, LLC License #274984

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1976

Lot Details

  • 3.32 Acre Lot
  • Property is zoned A R AGRIC.

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Masonite

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,530

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1976
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1628.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see attached survey
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 1628.0
  • General Property Information Below Grade Finished Area: 500.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 144619.2
  • General Property Information Lot Size Acres: 3.32
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplaces: 2
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 3.32
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: A R AGRIC.
  • Lot Dimensions: see attached survey
  • Lot Size Sq Ft: 144619.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1530.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Louisburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Nov 30, 2023
Sold by
Anniemac Pvt Equity Cash2keys
Bought by
Groathouse Tobias Michael and Groathouse Heather Renee
Seller's Agent
Warren Sumner
Long & Foster Real Estate INC/Brier Creek
Buyer's Agent
Warren Sumner
Long & Foster Real Estate INC/Brier Creek
List Price
$475,000
Sold Price
$475,000
Views
469
Current Estimated Value
$472,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,758
Avg. Annual Appreciation
-0.28%
Original Mortgage
$375,000
Outstanding Balance
$367,859
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$104,383

Purchase Details

Listed on
Aug 28, 2023
Closed on
Sep 18, 2023
Sold by
Rossi Jerome J and Rossi Patricia M
Bought by
Anniemac Private Equity Cash2keys Llc
Seller's Agent
Warren Sumner
Long & Foster Real Estate INC/Brier Creek
Buyer's Agent
Warren Sumner
Long & Foster Real Estate INC/Brier Creek
List Price
$475,000
Sold Price
$475,000
Views
469

Purchase Details

Closed on
Nov 2, 2007
Sold by
Bepier Vinnie C and Bepier Myra L
Bought by
Rossi Jerome J and Rossi Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Groathouse Tobias Michael $475,000 Sterling Title
Anniemac Private Equity Cash2keys Llc $475,000 None Listed On Document
Rossi Jerome J $201,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groathouse Tobias Michael $375,000
Previous Owner Rossi Jerome J $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $475,000 0.0% $223 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $475,000 -- $223 / 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
2025 $2,552 $405,380 $54,330 $351,050
2024 $2,552 $405,380 $54,330 $351,050
2023 $1,531 $160,970 $26,350 $134,620
2022 $1,521 $160,970 $26,350 $134,620
2021 $1,537 $160,970 $26,350 $134,620
2020 $1,529 $160,970 $26,350 $134,620
2019 $1,515 $160,970 $26,350 $134,620
2018 $1,514 $160,970 $26,350 $134,620
2017 $1,344 $129,260 $21,960 $107,300
2016 $1,361 $126,560 $21,960 $104,600
2015 $1,355 $126,560 $21,960 $104,600
2014 $1,264 $126,560 $21,960 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2529350

Doorify MLS

APN: 017626