NOT LISTED FOR SALE

39 Flat Rock Church Rd Louisburg, NC 27549

Estimated Value: $360,000 - $594,530

3 Beds
2.5 Baths
2,006 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $550,000 $274 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,511/month

56 Days on Market

Highlights

  • 2.6 Acre Lot
  • Wood Flooring
  • 3 Fireplaces
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of March 2022

3 parcels in Franklin County totaling 2.6+/- Acres on the corner of HWY 401 and Flat Rock Church Road off of the NEW 4 lane highway. Great potential Commercial investment opportunity. High Growth Area!! 15 minutes from Wake Forest. 5 minutes from Franklin County Airport.

Last Agent to Sell the Property

Morgan Womble

Compass -- Raleigh License #193878 Listed on: 09/09/2021

Compass -- Raleigh

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1900

Lot Details

  • 2.6 Acre Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • Private Driveway
  • Unpaved Parking

Schools

  • Royal Elementary School
  • Cedar Creek Middle School
  • Franklinton High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,428

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2006.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 2.6 Acres
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Above Grade Finished Area: 2006.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 113256.0
  • General Property Information Lot Size Acres: 2.6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 3

Exterior Features

  • Acres: 2.6
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Unpaved: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Franklin - Franklinton
  • Middle Or Junior School: Franklin - Cedar Creek

Lot Info

  • Lot Dimensions: 2.6 Acres
  • Lot Size Sq Ft: 113256.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2428.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Franklin - Royal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Mar 15, 2022
Sold by
Phil Mcnamara
Bought by
Thales Academy
Seller's Agent
Morgan Womble
Compass -- Raleigh
Buyer's Agent
Non Member
Non Member Office
List Price
$750,000
Sold Price
$550,000
Premium/Discount to List
-$200,000
-26.67%
Current Estimated Value
$429,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,440
Avg. Annual Appreciation
-6.95%

Purchase Details

Listed on
Sep 9, 2021
Closed on
Mar 8, 2022
Sold by
Phil Mcnamara
Bought by
Thales Academy
Seller's Agent
Morgan Womble
Compass -- Raleigh
Buyer's Agent
Non Member
Non Member Office
List Price
$750,000
Sold Price
$550,000
Premium/Discount to List
-$200,000
-26.67%

Purchase Details

Closed on
Sep 16, 2002
Bought by
Mcnamara Phil
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
Thales Academy $550,000 Brady Boyette Pllc
Thales Academy $550,000 Brady Boyette Pllc
Mcnamara Phil $198,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $550,000 -- --
03/15/2022 03/15/22 Sold $550,000 -26.7% $274 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $750,000 -- $374 / 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 $2,051 $327,320 $55,970 $271,350
2023 $1,945 $208,390 $29,610 $178,780
2022 $1,935 $208,390 $29,610 $178,780
2021 $1,944 $208,390 $29,610 $178,780
2020 $1,956 $208,390 $29,610 $178,780
2019 $1,946 $208,390 $29,610 $178,780
2018 $1,930 $208,390 $29,610 $178,780
2017 $1,692 $165,350 $25,750 $139,600
2016 $1,750 $165,350 $25,750 $139,600
2015 $1,763 $166,600 $27,000 $139,600
2014 $1,650 $166,600 $27,000 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2406794

Doorify MLS

APN: 003663