NOT LISTED FOR SALE

74 Thomas Farm Ln Louisburg, NC 27549

Estimated Value: $62,184 - $155,000

2 Beds
1 Bath
870 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $98,000 $113 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $629/month

177 Days on Market

Highlights

  • Horses Allowed On Property
  • Secluded Lot
  • No HOA
  • 26.1 Acre Lot
  • Traditional Architecture
  • Porch

About This Home

As of June 2021

HOUSE ON 1.1 ACRES PLUS 25 ACRES OF LAND close by. Property "SOLD AS IS". The 25 acres is about 1/2 mile down the road. Land is Lanlocked great investment. There is no Recorded Easement. "Buyer will arrange access to 25 Acres with neighboring Land owner's.

Last Agent to Sell the Property

Robbin Strickland

Peaks & Strickland Realty, LLC License #132718 Listed on: 12/01/2020

Last Buyer's Agent

Bonnie Barker

The Barker Realty Group LLC License #163224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $381

Year Built

  • Built in 1930

Lot Details

  • 26.1 Acre Lot
  • Property fronts a private road
  • Secluded Lot

Home Design

  • Traditional Architecture
  • Bungalow
  • Fixer Upper
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Utility Room
  • Laundry on main level
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Garage
  • 2 Carport Spaces
  • Side Facing Garage
  • Gravel Driveway

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Well
  • Septic Tank

Additional Features

  • Accessible Approach with Ramp
  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$381

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: Private Road, Other
  • Road Surface Type: Unimproved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 870.0
  • Architectural Style: Bungalow, Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Architectural Style Bungalow: Yes
  • Property Condition Fixer: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Horse YN2: Yes
  • General Property Information Above Grade Finished Area: 870.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 1136916.0
  • General Property Information Lot Size Acres: 26.1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Bathtub Only, Eat-in Kitchen
  • Basement: Crawl Space
  • Appliances: Electric Cooktop
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Acres: 26.1
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Secluded: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Driveway, Garage Faces Side, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Forced Air, Gas Pack, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: 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: res
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 1136916.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Franklin - Laurel Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jun 24, 2021
Sold by
Guthrie Michael and Guthrie Kathryn T
Bought by
Plumb Forty Famr Llc
Seller's Agent
Robbin Strickland
Peaks & Strickland Realty, LLC
Buyer's Agent
Bonnie Barker
The Barker Realty Group LLC
List Price
$135,000
Sold Price
$98,000
Premium/Discount to List
-$37,000
-27.41%
Current Estimated Value
$109,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,796
Avg. Annual Appreciation
12.19%

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jun 4, 2021
Sold by
Harris Jermaine and Means Cassandra
Bought by
Guthrie Michael
Seller's Agent
Robbin Strickland
Peaks & Strickland Realty, LLC
Buyer's Agent
Bonnie Barker
The Barker Realty Group LLC
List Price
$135,000
Sold Price
$98,000
Premium/Discount to List
-$37,000
-27.41%
Source: Public Records

Range of Values:

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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
Plumb Forty Famr Llc -- None Available
Guthrie Michael $98,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $98,000 -- --
06/04/2021 06/04/21 Sold $98,000 -27.4% $113 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $135,000 0.0% $155 / Sq Ft
05/13/2021 05/13/21 Price Changed $135,000 +10.7% $155 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $122,000 -- $140 / 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 $381 $48,000 $36,230 $11,770
2023 $500 $46,138 $11,918 $34,220
2022 $490 $46,138 $11,918 $34,220
2021 $494 $46,138 $11,918 $34,220
2020 $497 $46,138 $11,918 $34,220
2019 $487 $46,138 $11,918 $34,220
2018 $482 $46,138 $11,918 $34,220
2017 $437 $37,525 $10,835 $26,690
2016 $450 $37,525 $10,835 $26,690
2015 $450 $37,525 $10,835 $26,690
2014 $405 $37,525 $10,835 $26,690
Source: Public Records

Agents Affiliated with this Home

  • Robbin Strickland

    Seller's Agent in 2021

    Robbin Strickland

    Peaks & Strickland Realty, LLC

    (919) 599-1177

    15 Total Sales

    Robbin Strickland
    Section Image

  • B

    Buyer's Agent in 2021

    Bonnie Barker

    The Barker Realty Group LLC

    (919) 606-2094

    31 Total Sales

    Bonnie Barker
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2355810

Doorify MLS

APN: 012599

North Carolina Franklin County Louisburg 27549

74 Thomas Farm Ln, Louisburg, NC

This home is located at 74 Thomas Farm Ln, Louisburg, NC 27549 since 01 December 2020 and is currently estimated at $109,796, approximately $126 per square foot. This property was built in 1930. 74 Thomas Farm Ln is a home located in Franklin County with nearby schools including Laurel Mill Elementary School, Terrell Lane Middle School, and Louisburg High School.

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