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138 Black Cloud Drive

138 Black Cloud Drive, Louisburg, NC 27549
Property in Franklin
Sold May 09, 2022
$525,000
$315,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2052
Sold Dec 27, 2018
$400,000
$345,150 by On Q Financial Inc
Mortgage Due Jan 01, 2049
138 Black Cloud Drive in Louisburg, NC was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 138 Black Cloud Drive has 1,527 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 40,075 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a hip style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 1,731 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 138 Black Cloud Drive sold most recently in May 9, 2022 for a total of $525,000. If you work out the math, that's approximately a cost of $343.81 per sqft. Before that, the property was also sold for $400,000 in Dec 27, 2018. 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 $3,590 in taxes each year. The initial year of tax delinquency occurred in 2021. 138 Black Cloud Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $404,670. If we break it down further, the land itself was valued at $41,250. Improvements to the property, however, were assessed at a total of $363,420. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Conventional
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,527
  • Garage Square Area: 1,731
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,527
  • Building Area: 1,527
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,527
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOT ROYALE 3164
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FJELSTAD MICHAEL D
  • Current Owner 2: FJELSTAD MICHELLE L
  • Previous Owner : CURL JEFFERY W
  • Previous Owner 2: CURL ROBIN L
  • Owner Before Previous Owner: RYPDAHL DWAYNE L
  • Owner Before Previous Owner 2: ENGLISH DONNA W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060703

Zoning

  • Zoning: FCO R-30

Geography

  • District: 109
  • Parcel: 025126
  • Lot: 3165
  • Municipality: CYPRESS CREEK
  • Latitude: 35.9538
  • Longitude: -78.2106

    Address

  • Full Address: 138 Black Cloud Dr
  • Address - House Number: 138
  • Address - Street Name: Black Cloud
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Louisburg
  • Carrier Code: R012
  • 4-Digit Zip Code: 7341
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,590
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: BUNF

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 538,677
  • High Value: 665,828
  • Low Value: 411,526

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 28, 2023
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2033

    Market Valuation

  • Market Total Value: $404,670
  • Market Land Value: $41,250
  • Market Improvement Value: $363,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,670
  • Assessed Land Value: $41,250
  • Assessed Improvements Value: $363,420

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11892768909
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10061415
  • Previous Sale Recording Date: Dec 27, 2018
  • Previous Sale Contract Date: Dec 27, 2018
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 09, 2022
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ON Q FINANCIAL INC
  • Previous Mortgage Transaction Date: Dec 27, 2018
  • Previous Mortgage Loan Amount: $345,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Lake Royale



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Frequently Asked Questions

What neighborhood is 138 Black Cloud Drive located in?
The 138 Black Cloud Drive is a located in the neighborhood of Franklin in Lake Royale, Louisburg.
What is the average sales price for listings in 138 Black Cloud Drive?
The average sales price for units in 138 Black Cloud Drive is $0 currently.

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