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50 Buck Ridge Road

50 Buck Ridge Road, Louisburg, NC 27549
Property in Franklin
Sold Jun 16, 2021
$30,000
Buyer
Seller
$196,377 by Southwest Stage Funding Llc
Mortgage Due Jan 01, 2052
Sold Aug 28, 2020
$60,000
50 Buck Ridge Road 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 2021 and is 3 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 50 Buck Ridge Road has 1,512 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 37,026 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 50 Buck Ridge Road sold most recently in Jun 15, 2021 for a total of $30,000. If you work out the math, that's approximately a cost of $19.84 per sqft. Before that, the property was also sold for $60,000 in Aug 23, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,308 in taxes each year. 50 Buck Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,020. If we break it down further, the land itself was valued at $17,500. Improvements to the property, however, were assessed at a total of $118,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2021
  • Effective Year Built: 2021
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • 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: 1,512
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,026
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,512
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BUCKRIDGE
  • Land Acres: 0.85
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T

Ownership

  • Current Owner : SSMITH MIA
  • Previous Owner : CMH HOMES INC
  • Owner Before Previous Owner: SHEARIN REALTY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: FCO R-30

Geography

  • District: 103
  • Parcel: 032538
  • Lot: 9
  • Municipality: YOUNGSVILLE
  • Latitude: 36.032
  • Longitude: -78.3744

    Address

  • Full Address: 50 Buck Ridge Rd
  • Address - House Number: 50
  • Address - Street Name: Buck Ridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Louisburg
  • Carrier Code: R012
  • 4-Digit Zip Code: 6823
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,308
  • Tax Rate Code Area: YGSF

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 65
  • Final Value: 279,217
  • High Value: 347,151
  • Low Value: 211,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,377
  • First Open Lien Mortgage Lender: SOUTHWEST STAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2022
  • First Open Lien Mortgage Loan Amount: $196,377
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $136,020
  • Market Land Value: $17,500
  • Market Improvement Value: $118,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,020
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $118,520

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Transaction ID: 11840885787
  • Current Sale Price: $30,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 28, 2020
  • Previous Sale Contract Date: Aug 23, 2020
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST STAGE FUNDING LLC
  • First Mortgage Transaction Date: Jun 16, 2021
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 366
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Franklin



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Frequently Asked Questions

What neighborhood is 50 Buck Ridge Road located in?
The 50 Buck Ridge Road is a located in the neighborhood of Franklin in Franklin, Louisburg.
What is the average sales price for listings in 50 Buck Ridge Road?
The average sales price for units in 50 Buck Ridge Road is $0 currently.

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