NOT LISTED FOR SALE

507 Swansons Rd Louisburg, NC 27549

Estimated Value: $70,000 - $342,000

2 Beds
1 Bath
750 Sq Ft
$228/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $70,000 $93 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,018/month

45 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Separate Outdoor Workshop
  • Farmhouse Style Home
  • Screened Porch
  • Cooling System Powered By Gas

About This Home

As of February 2024

Attention all investors! This exceptional property presents an incredible opportunity to capitalize on its abundant potential. Situated on a half-acre lot, this investor special features 2 bedrooms and 1 bathroom, making it the perfect canvas for your creative vision and savvy expertise. A detached shed provides additional storage space, allowing for endless possibilities to transform this property into something truly remarkable. Investment opportunities such as this are few and far between. Don't miss your chance to bring your vision to life and unlock the true potential of this property. With its prime location, detached shed, large attic space, and inviting porches, this investor special offers a myriad of possibilities. Seize the opportunity to create something extraordinary and embark on a profitable investment journey.

Last Agent to Sell the Property

Lonnie Montemayor

Coldwell Banker HPW License #321512 Listed on: 12/16/2023

Coldwell Banker HPW

Last Buyer's Agent

Carlene Nace

Anchored Realty Services LLC License #277053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $428

Year Built

  • Built in 1940

Lot Details

  • 0.5 Acre Lot
  • Property fronts a county road
  • Level Lot

Home Design

  • Farmhouse Style Home
  • Rustic Architecture
  • Fixer Upper
  • Permanent Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Storage
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Water Heater
  • Fuel Tank
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2845-17-3168

Home Details

Home Type

Single Family

Est. Annual Taxes

$428

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 750.0
  • Architectural Style: Farmhouse, Rustic
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Architectural Style Farm House: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Other Structures Outbuilding: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Other Structures Workshop: Yes
  • Architectural Style Rustic: Yes
  • Property Condition Fixer: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Electricity Available: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 750.0
  • General Property Information Main Level Bedrooms: 2
  • Cooling Ceiling Fan(s): Yes
  • Common Walls No Common Walls: Yes
  • Foundation Details Permanent: Yes
  • Utilities Septic Connected: Yes
  • Road Frontage Type County Road: Yes
  • Other Equipment Fuel Tank(s): Yes
  • General Property Information Lot Size Square Feet2: 21780.0
  • Roof:Metal2: Yes
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Stories2: 1
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s), Kitchen/Dining Room Combination, Storage
  • Spa Features: None
  • Private Spa: No
  • Appliances: Free-Standing Electric Range, Free-Standing Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Main Level Bedrooms: 2
  • Stories: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Floored: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:None3: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Free-Standing Refrigerator: Yes

Exterior Features

  • Roof: Metal
  • Exterior Features: Lighting, Storage
  • Fencing: None
  • Acres: 0.5
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Unknown
  • Foundation Details: Permanent
  • Patio And Porch Features: Front Porch, Screened
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Unknown: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Carport, Detached Carport
  • Total Parking Spaces: 2.0
  • Parking Features:Carport: Yes
  • General Property Information:Parking Total: 2.0
  • Parking Features:Detached Carport: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Available, Septic Connected
  • Heating: Forced Air, Gas Pack
  • Cooling: Ceiling Fan(s), Central Air, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 2845-17-3168

Tax Info

  • Tax Annual Amount: 427.89
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
May Vickie Gay
Bought by
Turner Michael G
Current Estimated Value
$171,000

Purchase Details

Closed on
Dec 17, 1998
Bought by
May John
Source: Public Records

Range of Values:

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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
Turner Michael G -- None Listed On Document
Turner Michael G -- None Listed On Document
May John $14,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $70,000 -39.1% $93 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $114,900 -4.3% $153 / Sq Ft
12/16/2023 12/16/23 For Sale $120,000 -- $160 / 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 $1,402 $218,060 $31,500 $186,560
2024 $615 $85,170 $31,500 $53,670
2023 $428 $36,434 $7,734 $28,700
2022 $418 $36,434 $7,734 $28,700
2021 $422 $36,434 $7,734 $28,700
2020 $424 $36,434 $7,734 $28,700
2019 $414 $36,434 $7,734 $28,700
2018 $408 $36,434 $7,734 $28,700
2017 $247 $17,231 $7,031 $10,200
2016 $253 $17,231 $7,031 $10,200
2015 $253 $17,231 $7,031 $10,200
2014 $219 $17,231 $7,031 $10,200
Source: Public Records

Agents Affiliated with this Home

  • Lonnie Montemayor

    Seller's Agent in 2024

    Lonnie Montemayor

    Coldwell Banker HPW

    (760) 507-6688

    11 Total Sales

    Lonnie Montemayor
    Section Image
  • Carlene Nace

    Buyer's Agent in 2024

    Carlene Nace

    Anchored Realty Services LLC

    (919) 623-3309

    99 Total Sales

    Carlene Nace
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10002484

Doorify MLS

APN: 014174

North Carolina Franklin County Louisburg 27549

507 Swansons Rd, Louisburg, NC

Not Listed for Sale

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