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225 Rough Lane

225 Rough Lane, Louisburg, NC 27549
Property in Franklin
225 Rough Lane in Louisburg, NC was first built in 2018 and is 6 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 unknown. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 225 Rough Lane has 2,052 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. In total, the area measurement of the land is 47,045 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. 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. 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, 225 Rough Lane sold most recently in Aug 20, 2019 for a total of $165,000. If you work out the math, that's approximately a cost of $80.41 per sqft. Before that, the property was also sold for $162,000 in Apr 13, 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 $1,526 in taxes each year. 225 Rough Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $164,630. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $149,630. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190716
07/16/2019
4 Bed
2 Bath
2128 ft²
$172,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2128 ft²
$165,000 -4.57%
08/30/2019
Steve Black

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 2,052
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: GREENBRIAR LOT
  • Land Acres: 1.08
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: MB 2002/96A

Ownership

  • Current Owner : SHANE KELLY R
  • Previous Owner : CMH HOMES INC
  • Owner Before Previous Owner: VENTURES OF HENDERSON 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: 035475
  • Lot: 53
  • Municipality: HARRIS
  • Latitude: 36.0223
  • Longitude: -78.3224

    Address

  • Full Address: 225 Rough Ln
  • Address - House Number: 225
  • Address - Street Name: Rough
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Louisburg
  • Carrier Code: R011
  • 4-Digit Zip Code: 6844
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,526
  • Tax Rate Code Area: BUNF

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 65
  • Final Value: 280,663
  • High Value: 349,069
  • Low Value: 212,257

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,012
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 30, 2019
  • First Open Lien Mortgage Loan Amount: $117,012
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $164,630
  • Market Land Value: $15,000
  • Market Improvement Value: $149,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,630
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $149,630

    Sales

  • Current Sale Contract Date: Aug 20, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Transaction ID: 11646016645
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 17, 2017
  • Previous Sale Contract Date: Apr 13, 2017
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 30, 2019
  • First Mortgage Loan Amount: $117,012
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049

About Franklin



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Frequently Asked Questions

What neighborhood is 225 Rough Lane located in?
The 225 Rough Lane is a modular home located in the neighborhood of Franklin in Franklin, Louisburg.
What is the average sales price for listings in 225 Rough Lane?
The average sales price for units in 225 Rough Lane is $172,900 , or $81/sqft. currently.

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