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305 North Main Street

305 North Main Street, Louisburg, NC 27549
House in Franklin
Sold Jan 03, 2020
$332,000
$334,000 by State Employees Cu
Mortgage Due Feb 01, 2050
Sold Jul 01, 2005
$265,000
305 North Main Street in Louisburg, NC was first built in 1901 and is 123 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Victorian style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 305 North Main Street has 1,800 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 1,800 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 990 ft and the linear feet between the front and back of the lot is 2,170. In total, the area measurement of the land is 21,475 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. While the interior walls are made of plaster. 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 gas. 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. 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, 305 North Main Street was last sold in Jan 3, 2020 for $332,000. According to our calculations, that's $184.44 per sqft. Prior to that sales transaction, the property was sold for $265,000 in Jun 30, 2005. Current property owners are expected to pay $3,271 in taxes per year. The property on 305 North Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $246,020. To break that down further, the land itself was valued at $28,750. While improvements to the property were assessed at a total of $217,270. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1990
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Victorian
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 1,800
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,475
  • Lot Size Depth Feet: 2,170
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOT HOME
  • Land Acres: 0.493
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRF 3 SL 90/183

Ownership

  • Current Owner : SHIELDS IAN M
  • Current Owner 2: EGGSTAFF MELISSA P
  • Previous Owner : GLATT PATRICIA
  • Owner Before Previous Owner: MCKAY JOHN A
  • Owner Before Previous Owner 2: MCKAY SUSAN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R 1

Geography

  • District: 110
  • Parcel: 018731
  • Municipality: LOUISBURG
  • Latitude: 36.102
  • Longitude: -78.2992

    Address

  • Full Address: 305 N Main St
  • Address - House Number: 305
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NC
  • City Name: Louisburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 2423
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,271
  • Tax Rate Code Area: LSBG

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 76
  • Final Value: 455,581
  • High Value: 539,052
  • Low Value: 372,109

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $394,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Jan 03, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $334,000
  • 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: Feb 01, 2050
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 19, 2022
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $246,020
  • Market Land Value: $28,750
  • Market Improvement Value: $217,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,020
  • Assessed Land Value: $28,750
  • Assessed Improvements Value: $217,270

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11713903807
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jan 03, 2020
  • First Mortgage Loan Amount: $334,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Louisburg



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Unit for rent at 103 Tanglewood Drive, Louisburg, NC, 27549

$1,800 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,500 ft²
103 Tanglewood Drive, Louisburg, NC, 27549 Listing by Greg Beck

Frequently Asked Questions

What neighborhood is 305 North Main Street located in?
The 305 North Main Street is a house located in the neighborhood of Franklin in Louisburg, Louisburg.
What is the average sales price for listings in 305 North Main Street?
The average sales price for units in 305 North Main Street is $0 currently.

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