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115 Live Oak Drive

115 Live Oak Drive, Louisburg, NC 27549
Property in Franklin
Sold May 04, 2022
$397,000
$357,300 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2052
Sold Oct 20, 2017
$235,500
$140,661 by Quicken Loans Inc
Mortgage Due Nov 01, 2047
115 Live Oak Drive in Louisburg, NC was first built in 2017 and is 7 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a raised ranch style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 115 Live Oak Drive has 1,782 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,782 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 60,548 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 440 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 115 Live Oak Drive sold most recently in May 3, 2022 for a total of $397,000. If you work out the math, that's approximately a cost of $222.78 per sqft. Before that, the property was also sold for $235,500 in Oct 20, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,897 in taxes each year. 115 Live Oak Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,950. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $162,950. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,782
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,782
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLANDS AT ROYAL LOT
  • Land Acres: 1.39
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HILL REGINALD
  • Current Owner 2: HILL BRIGITTE
  • Previous Owner : MARY CONCANNON
  • Previous Owner 2: MARY MARGARET
  • Owner Before Previous Owner: SDH RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060602

Zoning

  • Zoning: FCO R-30

Geography

  • District: 102
  • Parcel: 038875
  • Lot: 24
  • Municipality: HARRIS
  • Latitude: 36.0154
  • Longitude: -78.3677

    Address

  • Full Address: 115 Live Oak Dr
  • Address - House Number: 115
  • Address - Street Name: Live Oak
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Louisburg
  • Carrier Code: R013
  • 4-Digit Zip Code: 6472
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,897
  • Tax Rate Code Area: YGSF

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 70
  • Final Value: 361,800
  • High Value: 440,064
  • Low Value: 283,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,300
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Loan Amount: $357,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $202,950
  • Market Land Value: $40,000
  • Market Improvement Value: $162,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,950
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $162,950

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Transaction ID: 11886741196
  • Current Sale Price: $397,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10061180
  • Previous Sale Recording Date: Oct 20, 2017
  • Previous Sale Contract Date: Oct 20, 2017
  • Previous Sale Amount: $235,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 04, 2022
  • First Mortgage Loan Amount: $357,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Oct 20, 2017
  • Previous Mortgage Loan Amount: $140,661
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Franklin



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Frequently Asked Questions

What neighborhood is 115 Live Oak Drive located in?
The 115 Live Oak Drive is a located in the neighborhood of Franklin in Franklin, Louisburg.
What is the average sales price for listings in 115 Live Oak Drive?
The average sales price for units in 115 Live Oak Drive is $0 currently.

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