0 Ronald Tharrington Road, Louisburg, NC 27549 (MLS# 100475793)
0 Ronald Tharrington Road, Louisburg, NC 27549
$410,000

Property Type:
Land
Lot Size (sq. ft.):
1,542,024
Status:
Closed
Current Price:
$410,000
List Date:
11/13/2024
Last Modified:
6/13/2025
Description
This expansive 35.4 AC +/- tract is in Louisburg, North Carolina! Just minutes from many commodities! The area is rich in North Carolina history and modern boasting growth. The area is known for its natural beauty, excellent growth potential, and direct access to major triangle area communities! The property is ideal for investors looking to capitalize on both timber resources and long-term land value appreciation. The property boasts a healthy and well-maintained timber stand consisting of mature pine timber plantation and a mix of native hardwoods. The current timber stock has been professionally assessed, offering an immediate revenue stream if desired.
This property is in an area with increasing real estate value due to growing interest from developers, recreational buyers, and timber investors! In addition to timber, the property offers potential for recreational purposes! Due to its favorable location, the property could be potentially subdivided for residential or development (Please check with local zoning and planning for further information and inquiries). Located within the Town of Louisburg's current ETJ and within a mile of the Town limits! Access to utilities, roads, and nearby urban centers enhances the area for potential future growth. Electricity and water services are available within close proximity to the property. This 35.4 AC +/- timber and investment property offers a combination of immediate timber harvest opportunities, long-term land appreciation potential, and recreational value. Whether you're looking to invest in timber, develop potential residential lots, or preserve the land for ecological purposes, this property represents a solid, diversified investment for the discerning buyer.
More Information MLS# 100475793
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2024-11-13
Sub-Type: Wooded
Listing Price: 425000
Current Price: $410,000
List Price/Acre: 12005.65
Stipulation of Sale: Standard
Location Information
Street Name: Ronald Tharrington
Street Suffix: Road
County: Franklin
State/Province: NC
Zip Code: 27549
City Limits: No
Marketing City: Louisburg
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 36.107052
Geo Lon: -78.269022
Remarks and Showing
Directions to Property: From Louisburg Rd (401 N) Turn Right onto E Nash Street/ 56 HWY. Turn Left onto Ronald Tharrington Rd. Property is on the left in approx. 1.2 miles. Just past Terrell Lane Middle School.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 35.4
Lot SqFt: 1542024
Deed Restriction: No
Total Road Frontage: 500
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 287510
Deed Book: 375
Deed Page: 258
Legal: GILL
Broker Owner: No
PID: 2815-59-7945
Tax Identifier: 2815-59-7945
Plat Book: 00
Plat Page: 00
Tax Year: 2024
Zoning: AR
Cobra Zone: No
Elementary School: Louisburg
Elementary School 2: Charter School
Middle School: Terrell Lane
High School: Louisburg
Status Change Info
Under Contract Date: 2025-02-27
Sold Price: $410,000
Sold Date: 2025-05-08
Property Features
Current Use: Recreational; Timber; Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Undeveloped; Wooded
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Utilities: Electricity Available
Terms: Cash; Conventional
Listing Office: Mossy Oak Properties Land and Farms
Last Updated: June - 13 - 2025
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