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121 Ute Lane

121 Ute Lane, Louisburg, NC 27549
Property in Franklin
This has been categorized as a vacant property type. The linear feet across the front of the lot is 980 ft and the linear feet between the front and back of the lot is 1,740. In total, the area measurement of the land is 17,032 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 121 Ute Lane was last sold in Nov 17, 2020 for $1,300,000. Prior to that sales transaction, the property was sold for $288,000 in Jun 30, 1999. Current property owners are expected to pay $44 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2013. The property on 121 Ute Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,040. To break that down further, the land itself was valued at $5,040. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,032
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 980
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Subdivision: LOT ROYALE
  • Land Acres: 0.391
  • Standard Land Use Code: Vacant land (general)

Ownership

  • Current Owner : 1ST CHOICE HOMES LLC
  • Previous Owner : PNC OF NORTH CAROLINA LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060301

Zoning

  • Zoning: FCO R-30

Geography

  • District: 109
  • Parcel: 022891
  • Lot: 2571
  • Municipality: CYPRESS CREEK
  • Latitude: 35.9795
  • Longitude: -78.1933

    Address

  • Full Address: 121 Ute Ln
  • Address - House Number: 121
  • Address - Street Name: Ute
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Louisburg
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $44
  • Intital Tax Deliquent Year: 2013
  • Tax Rate Code Area: JUSF

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,278,750
  • First Open Lien Mortgage Lender: BANK OF THE OZARKS
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $1,278,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 20, 2050

    Market Valuation

  • Market Total Value: $5,040
  • Market Land Value: $5,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,040
  • Assessed Land Value: $5,040

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11805318655
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Contract Date: Jun 30, 1999
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE OZARKS
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $1,278,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Lake Royale



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Frequently Asked Questions

What neighborhood is 121 Ute Lane located in?
The 121 Ute Lane is a located in the neighborhood of Franklin in Lake Royale, Louisburg.
What is the average sales price for listings in 121 Ute Lane?
The average sales price for units in 121 Ute Lane is $0 currently.

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