NOT LISTED FOR SALE

5098 Us 401 Hwy N Louisburg, NC 27549

Estimated Value: $402,000 - $504,000

4 Beds
4 Baths
4,622 Sq Ft
$98/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $360,000 $78 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,557/month

6 Days on Market

Highlights

  • Family Room with Fireplace
  • Bonus Room
  • Breakfast Room
  • Ranch Style House
  • No HOA
  • Brick Veneer

About This Home

As of September 2021

Gorgeous brick home with massive open basement that has kitchen area. Home also features 4 large bedrooms and 4 bathrooms along with a spacious family room with stunning wood burning fire place that makes a great space for entertaining or cozy family nights. The open basement with kitchen has tons of potential to make the area fit your needs or desires. A must see!

Last Agent to Sell the Property

Michael Rowe

RE/MAX Reliance License #268926 Listed on: 07/09/2021

RE/MAX Reliance

Last Buyer's Agent

Brandon Beverly

DASH Carolina

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1978

Lot Details

  • 1.5 Acre Lot
  • Landscaped
  • Open Lot

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Veneer
  • Concrete Foundation
  • Block Foundation

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Block Basement Construction

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,876

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1978
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2630.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 440.0
  • General Property Information Total Unfinished Area2: 440.0
  • General Property Information Lot Size Dimensions: See plat
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: 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
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Foundation Details Block3: Yes
  • General Property Information Above Grade Finished Area: 2630.0
  • General Property Information Below Grade Finished Area: 1992.0
  • General Property Information Carport YN: No
  • Flooring Concrete3: Yes
  • General Property Information Lot Size Square Feet2: 65340.0
  • General Property Information Lot Size Acres: 1.5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Concrete, Vinyl
  • Interior Amenities: Bathtub Only, Entrance Foyer, Kitchen/Dining Room Combination, Primary Downstairs, Storage
  • Basement: Block, Concrete, Exterior Entry, Full, Partially Finished
  • Appliances: Dishwasher, Electric Cooktop, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1992.0
  • Fireplace Features: Basement, Family Room, Wood Burning
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Basement: Yes
  • Full Basement: Yes
  • Basement:Block: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 1.5
  • Construction Type: Brick Veneer
  • Foundation Details: Block
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Baseboard, Oil, Radiant
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes
  • Heating:Oil: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1876.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Franklin - Laurel Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Foster Raymond W and Foster Lucy H
Bought by
Stearns Robert and Stearns Laura
Current Estimated Value
$451,789

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 25, 2021
Sold by
Edwards Roger Gene and Edwards Robin Lee
Bought by
Stearns Robert and Stearns Laura
Seller's Agent
Michael Rowe
RE/MAX Reliance
Buyer's Agent
Brandon Beverly
DASH Carolina
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$342,000
Interest Rate
2.8%
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
Stearns Robert -- King Katie V
Stearns Robert $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stearns Robert $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $360,000 -- --
09/08/2021 09/08/21 Sold $360,000 -4.0% $78 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $375,000 -- $81 / 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 $2,171 $354,040 $50,310 $303,730
2024 $2,171 $354,040 $50,310 $303,730
2023 $2,170 $234,670 $15,830 $218,840
2022 $2,097 $227,470 $13,750 $213,720
2021 $1,855 $197,650 $13,750 $183,900
2020 $1,868 $197,650 $13,750 $183,900
2019 $1,835 $197,650 $13,750 $183,900
2018 $1,830 $197,650 $13,750 $183,900
2017 $2,211 $221,900 $13,750 $208,150
2016 $2,288 $221,900 $13,750 $208,150
2015 $2,288 $221,900 $13,750 $208,150
2014 $2,146 $221,900 $13,750 $208,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2394740

Doorify MLS

APN: 011618