$1,600,000
SOLD FEB 7, 2025

20 35 E and F Rd Louisburg, NC 27549

129 Acres
$12,425 Price per Acre
5,609,222 Sq Ft Lot

Recently Sold

4% Above List Price

140 Days on Market

Highlights

  • Pond View
  • No HOA
  • Agricultural
  • 128.77 Acre Lot

About This Lot

As of February 2025

This has been a working farm for many years.
It is mostly open crop land with 4 beatiful farm ponds. Also it is surrounded by a fairly large creek which would supply plenty of water for irrigation. The topo is rolling with very senic and private building sites overlooking fields and ponds. This Farm is located in Northen Franklin County, 7 miles North of Louisburg NC, which is about 30 Miles North of Raleigh, NC. It is also convenient to Henderson, Wake Forest, Lake Gaston, Kerr Lake and Falls Lake.

Last Agent to Sell the Property

Ed Shearin

Shearin Realty, Inc. License #139451

Last Buyer's Agent

Ed Shearin

Shearin Realty, Inc. License #139451

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $829

Year Built

  • 1950

Lot Details

  • 128.77 Acre Lot
  • Property fronts a highway
  • Cleared Lot
  • Property is zoned FCO AR

Property Views

  • Pond
  • Hills

Schools

  • Louisburg Elementary School
  • Terrell Lane Middle School
  • Louisburg High School

Farming

  • Agricultural

Utilities

  • Private Water Source
  • Well
  • Conventional Septic
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011301

Property Details

Property Type

Land

Est. Annual Taxes

$829

Year Built

1950

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: See Remarks
  • Road Frontage Type: Highway, 2 Lane Road, Public Road
  • Road Surface Type: See Remarks
  • Reso Association Fee Includes: None
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: See Map
  • Water Source Well: Yes
  • Utilities Electricity Available: Yes
  • Contract Information Lease Term: Negotiable
  • Road Frontage Type Highway: Yes
  • ViewPond: Yes
  • Water Source Private6: Yes
  • Utilities Septic Available: Yes
  • Sewer Conventional3: Yes
  • General Property Information Lot Size Square Feet2: 5609221.2
  • General Property Information Lot Size Acres: 128.77
  • View Hills: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1950

Interior Features

  • Possible Use: Agricultural, Cattle, Dairy, Farm, Grazing, Investment, Livestock, Pasture, Row Crops, Tree Farm, Vacant, See Remarks
  • Community Features:None3: Yes

Exterior Features

  • Fencing: None
  • Acres: 128.77
  • Lot Features:Cleared: Yes
  • Lot Features:Agricultural: Yes

Utilities

  • Utilities: Electricity Available, Septic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Franklin - Louisburg
  • Middle Or Junior School: Franklin - Terrell Lane

Lot Info

  • Zoning: FCO AR
  • Current Use: Agricultural
  • Development Status: See Remarks
  • Horse Amenities: See Remarks
  • Lot Dimensions: See Map
  • Lot Size Sq Ft: 5609221.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 011301
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Negotiable

Tax Info

  • Tax Annual Amount: 829.26
  • Tax Year: 2023
  • Tax Map Number: PIN # 2819-38-3219

MLS Schools

  • Elementary School: Franklin - Louisburg

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $1,600,000 +3.5% --
09/11/2024 09/11/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,545,240 -- --
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $822 $725,970 $677,170 $48,800
2023 $829 $285,180 $258,280 $26,900
2022 $1,939 $377,850 $285,940 $91,910
2021 $1,958 $377,850 $285,940 $91,910
2020 $1,970 $377,850 $285,940 $91,910
2019 $1,919 $377,850 $285,940 $91,910
2018 $1,904 $377,850 $285,940 $91,910
2017 $2,003 $363,250 $274,570 $88,680
2016 $2,407 $372,600 $283,920 $88,680
2015 $2,691 $372,600 $283,920 $88,680
2014 $2,696 $372,600 $283,920 $88,680
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,545,500 None Listed On Document
Warranty Deed $1,545,500 None Listed On Document
Warranty Deed $140,000 --
Source: Public Records

Source: Doorify MLS

MLS Number: 10024748

Doorify MLS

APN: 011301