Beautiful, secluded property minutes from I-40 in Johnston County. 4.35 +/- Acre Tract with the best that nature has to offer! This amazing lot offers a return to nature for your new homesite. The picturesque location has both cleared and wooded areas, and POND FRONTAGE, offering unique tranquility in a rapidly changing world. Pond has been stocked with Bass, Brim and Carp for fishing. An Access and Utility Easement runs along the tract and will be paved. Draft Restrictive Covenants (see included documents) that will be recorded upon sale of the first of 5 lots (7A, 7B, 7C, 8A, and 8B). Owner willing to negotiate restrictive covenants with a buyer that purchases all 5 lots. Buyer to construct a well for water access. No Perk Test has been performed and the lot will need a Septic System installed for Sewer. Maximum Impervious Area for the lot is 22,308 Square Feet. Horses are allowed per Draft Restrictive Covenants. Five total tracts are available and can be purchased separately, all together, or a combination of several lots. (Other mls numbers: 10019593, 10019692, 10019826, 10019835) Owner is in the process of installing underground power from Duke Energy and Spectrum fiber for all five lots. Johnston County Zoning is AR. Don't miss out on this large homesite opportunity! A Road Maintenance Agreement will be in effect for maintenance of the shared easement. A Pond Maintenance Agreement will be in effect for lots that border the shared pond. Buyer's Agent needs to call JCPS to verify school districts. Tax information is from the 2023 tax bill when land was one large tract and before lots were subdivided.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty, LLC - Clayton
Office Phone: (888) 584-9431
Listing Agent: Stephanie Leonard
Exterior Features
Exterior Information:
View: Pond
Exterior: None
Lot Features
Lot Information:
Lot Size: 4.35 Acres
School Info
Assigned Schools Information:
West Johnston High School, Public District Grades 9-12
Four Oaks Middle School, Public District Grades 6-8
Four Oaks Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From Exit 319 on Highway 40 East, take Highway 210 East towards Smithfield. Drive approximately 3.5 miles and turn Right on Lakewood Road. Drive approximately 0.3 miles and property will be on the Right.
Price Information
Listing Price Info
Price Summary:
List Price: $282,000
What can I afford?
Understand what home price range makes sense for your budget.
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: 4/28/2024, 4:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,475
Per Month
Principal & Interest
$1,408
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$912
Powered By
Advertisement
NMLS#3030
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
6
/10
Four Oaks Elementary School
180 W Hatcher St
Distance between this listing and this school5.38 miles
Public District Grades PK-5
Middle School
7
/10
Four Oaks Middle School
1475 Boyette Rd
Distance between this listing and this school6.63 miles
Public District Grades 6-8
High School
5
/10
West Johnston High School
5935 Raleigh Rd
Distance between this listing and this school2.60 miles
Public District Grades 9-12
Assigned Schools
6
/10
Four Oaks Elementary School
180 W Hatcher St
Distance between this listing and this school5.38 miles
Public District Grades PK-5
Nearby Schools
4
/10
Polenta Elementary School
105 Josephine Rd
Distance between this listing and this school4.18 miles
Public District Grades PK-5
7
/10
McGee's Crossroads Elementary School
10330 Hwy 50 North
Distance between this listing and this school4.51 miles
Public District Grades PK-5
Assigned Schools
7
/10
Four Oaks Middle School
1475 Boyette Rd
Distance between this listing and this school6.63 miles
Public District Grades 6-8
Nearby Schools
6
/10
McGee's Crossraods Middle School
13353 Nc Highway 210
Distance between this listing and this school4.63 miles
Public District Grades 6-8
5
/10
Cleveland Middle School
2323 Cornwallis Rd
Distance between this listing and this school5.50 miles
Public District Grades 6-8
Assigned Schools
5
/10
West Johnston High School
5935 Raleigh Rd
Distance between this listing and this school2.60 miles
Public District Grades 9-12
Nearby Schools
5
/10
Cleveland High School
1892 Polenta Rd
Distance between this listing and this school2.95 miles
Public District Grades 9-12
4
/10
South Johnston High School
10381 Us Highway 301 S
Distance between this listing and this school5.80 miles
The neighbors living near this home have an average income of $52,899. Residents of Johnston County, NC typically earn between $35k-100k each year. The most common type of family is married, with kids. 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 316 Lakewood Rd
What is the listing price of this property?
The listing price of 316 Lakewood Rd property is $282,000.
What type of property is this?
The property 316 Lakewood Rd is land located in Four Oaks, North Carolina, 27524.
Is this property for sale now?
Active Listing: 316 Lakewood Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 316 Lakewood Rd are: Four Oaks Elementary School: GreatSchools Rating 6/10Four Oaks Middle School: GreatSchools Rating 7/10West Johnston High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 316 Lakewood Rd in Four Oaks, NC and zip code 27524. This home sits on a 4.35 acre lot. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $282,000.
In March 2024, from all listings sold in Johnston County, NC there were more than 34 sold above asking price, over 88 sold below and more than 60 were sold right at the asked price. Between February 2024 and March 2024, Johnston County, NC real estate market has seen increase in the number of listings by 3.4%. Listings spent 96 days on the market in March 2024, and had a median list price of $348,908 during the same period.
From Rocket Homes Real Estate and based on county public records data.