40 Rainwood Court 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 2001 and is 23 years old.
The home has a total of 6 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, 40 Rainwood Court has 1,736 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 1,736 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage.
The area measurement of the land has been determined as 44,867 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a prefab, modular style.
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 open 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. The exterior walls of the building are made of alum/vinyl siding. 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 well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 40 Rainwood Court sold most recently in Aug 4, 2023 for a total of $325,000. If you work out the math, that's approximately a cost of $187.21 per sqft. Before that, the property was also sold for $185,000 in May 1, 2023. 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 $1,515 in taxes each year. 40 Rainwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,490. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $129,490. 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.
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 open 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. The exterior walls of the building are made of alum/vinyl siding. 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 well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 40 Rainwood Court sold most recently in Aug 4, 2023 for a total of $325,000. If you work out the math, that's approximately a cost of $187.21 per sqft. Before that, the property was also sold for $185,000 in May 1, 2023. 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 $1,515 in taxes each year. 40 Rainwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,490. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $129,490. 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.
1 Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/08/2023
|
|
Loft
|
2 Bath
|
1736 ft²
|
$339,000
Loft
2 Bath
1736 ft²
|
$325,000
-4.13%
08/15/2023
|
Bill Sewell
Sewell Realty Group
|
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