$232,580
SOLD OCT 20, 2021

50 Rainwood Ct Louisburg, NC 27549

3 Beds
2 Baths
1,075 Sq Ft
1 Acres

Recently Sold

$216 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Transitional Architecture
  • Cul-De-Sac
  • Accessible Washer and Dryer
  • No HOA
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2025

Showings start Saturday morning. Welcome to your new home! This well maintained ranch home sitting on ONE acre with NO HOA is ready for you with brand new carpet, freshly painted interior, newer HVAC, newer laminate flooring in kitchen, newer water heater, screened porch in 2018 and a fully fenced yard. Radon mitigation system in place. Gas logs in living room is not used by current homeowners. Shed and play set in backyard conveys.

Last Agent to Sell the Property

Jaimee Wilder

Fathom Realty NC License #293112 Listed on: 09/14/2021

Fathom Realty NC

Last Buyer's Agent

Liam O'Leary

Relevate Real Estate Inc. License #320380

Relevate Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Landscaped

Parking

  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Utility Room
  • Laundry on main level
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Washer and Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magnolia Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,212

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Magnolia Ridge
  • Above Grade Finished Sq Ft: 1075.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Needs Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1075.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 1.0
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • 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

  • Lot Dimensions: Needs Survey
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1212.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Franklin - Louisburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jun 26, 2025
Sold by
Ellithorpe Madelyn Jean and Kothor Victorin Yaovi
Bought by
Webster Laurie
Seller's Agent
Liam O'Leary
Relevate Real Estate Inc.
Buyer's Agent
MAYRA COLIN
Ninja Realty
List Price
$289,900
Sold Price
$284,000
Premium/Discount to List
-$5,900
-2.04%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 20, 2021
Sold by
Rufino Giovanni and Rufino Jaclyn Laura
Bought by
Kothor Victorin Yaovi and Ellithorpe Madelyn Jean
Seller's Agent
Jaimee Wilder
Fathom Realty NC
Buyer's Agent
Liam O'Leary
Relevate Real Estate Inc.
List Price
$235,000
Sold Price
$232,580
Premium/Discount to List
-$2,420
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$228,366
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2017
Sold by
Allied Investors Group Llc
Bought by
Rufino Giovanni and Rufino Jaclyn Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2017
Sold by
Wells Fargo Bank Na
Bought by
Allied Investors Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2016
Sold by
Robles Robin K and Robles Ismael
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 22, 2013
Sold by
Piercy Dawn E
Bought by
Robles Robin K and Morales Ismael Robles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,035
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2005
Sold by
Woodcrest Construction Inc
Bought by
Piercy Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $284,000 None Listed On Document
Warranty Deed $233,000 None Available
Warranty Deed $133,000 Attorney
Special Warranty Deed $90,000 Attorney
Trustee Deed $92,000 Attorney
Warranty Deed $103,000 None Available
Warranty Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $228,366 FHA
Previous Owner $25,000 Commercial
Previous Owner $113,000 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Previous Owner $26,000 Unknown
Previous Owner $101,035 FHA
Previous Owner $115,000 Adjustable Rate Mortgage/ARM
Previous Owner $87,375 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $284,000 -2.0% $257 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $289,900 +24.6% $263 / Sq Ft
12/14/2023 12/14/23 Off Market $232,580 -- --
10/20/2021 10/20/21 Sold $232,580 -1.0% $216 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $235,000 -- $219 / 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 $1,572 $246,470 $68,250 $178,220
2023 $1,414 $148,030 $30,000 $118,030
2022 $1,404 $148,030 $30,000 $118,030
2021 $1,213 $125,730 $30,000 $95,730
2020 $1,220 $125,730 $30,000 $95,730
2019 $1,210 $125,730 $30,000 $95,730
2018 $1,198 $125,730 $30,000 $95,730
2017 $1,128 $107,480 $30,000 $77,480
2016 $1,166 $107,480 $30,000 $77,480
2015 $1,166 $107,480 $30,000 $77,480
2014 $1,084 $107,480 $30,000 $77,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2407781

Doorify MLS

APN: 033530