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150 North Ridge Drive

150 North Ridge Drive, Louisburg, NC 27549
Land in Franklin
Sold Aug 25, 2020
$165,500
$170,202 by Carrington Mortgage Services L
Mortgage Due Jun 01, 2052
Sold May 07, 2020
$18,000
150 North Ridge 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 2020 and is 4 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, 150 North Ridge Drive 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 48,352 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. Residents will have the luxury of enjoying a porch. 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 municipal 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, 150 North Ridge Drive sold most recently in Aug 25, 2020 for a total of $165,500. If you work out the math, that's approximately a cost of $109.46 per sqft. Before that, the property was also sold for $18,000 in Apr 1, 2020. 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 $1,273 in taxes each year. The initial year of tax delinquency occurred in 2018. 150 North Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,810. If we break it down further, the land itself was valued at $24,600. Improvements to the property, however, were assessed at a total of $107,210. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2020
  • Effective Year Built: 2020
  • 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
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 48,352
  • 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: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH RIDGE ESTATES LOT
  • Land Acres: 1.11
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: MB 2000/402 MB 2001/295B

Ownership

  • Current Owner : DILLON MARINA L
  • Previous Owner : CMH HOMES INC
  • Owner Before Previous Owner: INDEPENDENT MATERIAL HAULERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060302

Zoning

  • Zoning: FCO R-30

Geography

  • District: 110
  • Parcel: 034040
  • Lot: 38
  • Municipality: LOUISBURG
  • Latitude: 36.0664
  • Longitude: -78.3265

    Address

  • Full Address: 150 N Ridge Dr
  • Address - House Number: 150
  • Street Direction: N
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Louisburg
  • Carrier Code: R011
  • 4-Digit Zip Code: 6833
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,273
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: CNLF

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 74
  • Final Value: 240,198
  • High Value: 286,419
  • Low Value: 193,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,202
  • First Open Lien Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Loan Amount: $170,202
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $131,810
  • Market Land Value: $24,600
  • Market Improvement Value: $107,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,810
  • Assessed Land Value: $24,600
  • Assessed Improvements Value: $107,210

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Transaction ID: 11784146995
  • Current Sale Price: $165,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 07, 2020
  • Previous Sale Contract Date: Apr 01, 2020
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SECURITY MORTGAGE COR
  • First Mortgage Transaction Date: Aug 25, 2020
  • First Mortgage Loan Amount: $165,973
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Franklin



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Frequently Asked Questions

What neighborhood is 150 North Ridge Drive located in?
The 150 North Ridge Drive is a land located in the neighborhood of Franklin in Franklin, Louisburg.
What is the average sales price for listings in 150 North Ridge Drive?
The average sales price for units in 150 North Ridge Drive is $0 currently.

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