4 months on rocket

118 Solar Way, Louisburg, NC, 27549

$2,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,164 SqFt
$1,155/SqFt
House
Schools Nearby

Location

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118 Solar Way, Louisburg$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Gravel, On Site, Private, RV Carport, RV Garage, Unpaved, Workshop in Garage, Other, See Remarks
Year Built1974
HeatingElectric, Heat Pump, Other
CoolingCentral Air, Heat Pump
MLS #10000788
Lot Size112.90 Acres
StatusActive

About 118 Solar Way

Covering nearly 113 acres, this property offers endless opportunities within a short distance to Downtown Raleigh, RDU, Wake Forest, Louisburg College, Ball Airport. The recently renovated Facility currently being used for Applied Poultry Research comes fully equipped with state-of-the-art industry installations and equipment; with advanced technology, this facility supports innovative research solutions to inform competitive communities. This property comes complete with a 3bd/3ba single family residence, remodeled mobile home, offices and conference space, large industrial workshop with RV hookup, and a variety of barns and floor pen configurations to meet customer research needs. Large generator allows for proper facility functioning during power outages. Zoned Agricultural Residential, this 100+ acres of unrestricted land falls under tax deferred agricultural status.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1974
  • Living Area: 2,164 SqFt

Listing Office:

  • Office Name: Lavish Properties
  • Office Phone: (919) 995-0994
  • Listing Agent: Hunter Mashburn

Interior Features

Interior Information:

  • Appliances: Freezer, Oven, Range, Refrigerator, Water Heater, Other
  • Flooring Type: Carpet, Laminate, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Lighting, Private Entrance, Private Yard, RV Parking, Storage, Other

Parking Information:

  • Attached Garage: No
  • Parking: Detached Carport, Gravel, On Site, Private, RV Carport, RV Garage, Unpaved, Workshop in Garage, Other, See Remarks

Lot Features

Lot Information:

  • Lot: Agricultural, Trees, Cleared, Private, Secluded, Split Possible, Wooded, Other, See Remarks
  • Lot Size: 112.90 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump, Other
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • Louisburg High School, Public District Grades 9-12
  • Terrell Lane Middle School, Public District Grades 6-8
  • Laurel Mill Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Louisburg, Hwy 561E 4.8 miles, Left on Duke Valentine Wynn Road 0.7 miles, Right on Person Road, property 1 mile on left. Please follow GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $1,155/SqFt

Tax Information:

  • Annual Amount: $4,878
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10000788

Listing Office:

  • Office Name: Lavish Properties
  • Office Phone: (919) 995-0994
  • Listing Agent: Hunter Mashburn

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 08, 2019Home Sold
$453,000
May 06, 2015Home Sold
$305,000
Jul 08, 2005Home Sold
$305,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,878$133,196
2020$5,181$133,196
2019$1,154$121,546
2017$1,105$105,177

History based on county public records data.

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$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2757650
5
/10

  • Laurel Mill Elementary School

  • 730 Laurel Mill Rd

  • 2.92 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2757651
3
/10

  • Terrell Lane Middle School

  • 101 Terrell Ln

  • 5.62 miles

  • Public District Grades 6-8

High School

school-card-donut-2757652
4
/10

  • Louisburg High School

  • 201 Allen Ln

  • 6.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,905. Typical income of Franklin County, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 Solar Way

What is the listing price of this property?

The listing price of 118 Solar Way property is $2,500,000.

What type of property is this?

The property 118 Solar Way is a house located in Louisburg, North Carolina, 27549.

Is this property for sale now?

Active Listing: 118 Solar Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 118 Solar Way are:
Laurel Mill Elementary School: GreatSchools Rating 5/10
Terrell Lane Middle School: GreatSchools Rating 3/10
Louisburg High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,878 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 8, 2019 for $453,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 118 Solar Way has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 118 Solar Way is 2,164 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 Solar Way is 1974.

Rocket Homes›North Carolina›Franklin County›Louisburg›27549›118 Solar Way

This home is located at 118 Solar Way in Louisburg, NC and zip code 27549. This 2,164 square foot home, which was built in 1974, sits on a 112.90 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $2,500,000.

In March 2024 more than 15 listings in Franklin County, NC were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 29 were sold below. The inventory of homes for sale in Franklin County, NC between February 2024 and March 2024 decreased by 3.9%. In March 2024 median list price was $370,479 and the average listing age was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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