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203 Cottrell Drive

203 Cottrell Drive, Louisburg, NC 27549
Property in Franklin
Sold May 25, 2012
$145,000
$151,353 by Cavalier Mortgage Group Inc
Mortgage Due Jul 01, 2043
203 Cottrell Drive has been categorized by the local assessors in Louisburg, NC as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 203 Cottrell Drive has 2,216 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 2,216 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,100 ft and across the front of the lot is 2,460 ft. The area measurement of the land has been determined as 51,662 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 436 sqft. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 203 Cottrell Drive sold most recently in May 25, 2012 for a total of $145,000. If you work out the math, that's approximately a cost of $65.43 per sqft. 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 $2,383 in taxes each year. The initial year of tax delinquency occurred in 2013. 203 Cottrell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,860. If we break it down further, the land itself was valued at $54,660. Improvements to the property, however, were assessed at a total of $122,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1974
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Raised Ranch
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Building with no basement
  • Basement Area: 2,216
  • Garage Type: Carport
  • Garage Square Area: 436
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 51,662
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 2,460
  • Total Building Area: 2,216
  • Building Area: 2,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,216
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOT COTTRELL
  • Land Acres: 1.186
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROUNDTREE LOUIS DANIEL REGINALD
  • Previous Owner : STANCIL PAMELA S
  • Previous Owner 2: STANCIL GEORGE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R 1

Geography

  • District: 110
  • Parcel: 018449
  • Municipality: LOUISBURG
  • Latitude: 36.1155
  • Longitude: -78.2885

    Address

  • Full Address: 203 Cottrell Dr
  • Address - House Number: 203
  • Address - Street Name: Cottrell
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Louisburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2106
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,383
  • Intital Tax Deliquent Year: 2013
  • Tax Rate Code Area: LSBG

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 65
  • Final Value: 335,805
  • High Value: 417,651
  • Low Value: 253,960

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $152,566
  • First Open Lien Mortgage Lender: CAVALIER MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 26, 2013
  • First Open Lien Mortgage Loan Amount: $151,353
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 10, 2021
  • Second Open Lien Mortgage Loan Amount: $1,213
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $176,860
  • Market Land Value: $54,660
  • Market Improvement Value: $122,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,860
  • Assessed Land Value: $54,660
  • Assessed Improvements Value: $122,200

    Sales

  • Current Sale Contract Date: May 25, 2012
  • Current Sale Recording Date: May 25, 2012
  • Current Sale Transaction ID: 1197078090
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: May 25, 2012
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2042

About Franklin



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Frequently Asked Questions

What neighborhood is 203 Cottrell Drive located in?
The 203 Cottrell Drive is a located in the neighborhood of Franklin in Franklin, Louisburg.
What is the average sales price for listings in 203 Cottrell Drive?
The average sales price for units in 203 Cottrell Drive is $0 currently.

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