tomo logo

$325,000

Beds
3
Baths
2.5
sq ft
2,141

205 Spring Street, Louisburg, NC 27549

205 Spring Street

Louisburg, NC 27549

  • 36 days on market
    • Price drop $10,000↓
Check out this stunning property in Louisburg's Historic District! Priced below recent appraised value! Completely renovated 3-Bedroom, 2.5-Bathroom home with a BONUS Room located in the heart of downtown. This is a rare opportunity to own a move-in ready home with every detail thoughtfully updated.. Open floor plan featuring spacious rooms and gorgeous hardwood flooring throughout. Beautifully designed kitchen boasts SS appliances, tile backsplash, quartz countertops, white soft close cabinets and a butch block kitchen island - perfect for cooking and entertaining. First floor offers convenience and comfort with 2 bedrooms, 1.5 bathrooms, a separate dining room and a spacious living area. Upstairs you'll find a third bedroom, an additional full bathroom and a Bonus Room with a wet bar and a wine fridge, perfect setup for inlaw suite! Home has been completely rehabbed down to the studs, no plaster walls left, only drywall. New plumbing, electrical, HVAC and roof shingles! Oversized 22x12 storage shed. Easy access to US-401, local entertainment, shopping and dining. Don't miss this amazing opportunity!

Details

Property type

Single Family Residence

Est. home value

$171,106

Property condition

Updated/Remodeled

Lot size

7,405.2 sq ft

Price per sq ft

$152

Year built

1850

Annual property taxes

$989.31

Price History

02/14/2025
TriangleMLS

TriangleMLS #10071542

Price change
$325,000
-2.99%
01/30/2025
TriangleMLS

TriangleMLS #10071542

Price change
$335,000
-4.26%
01/23/2025
TriangleMLS

TriangleMLS #10071542

Price change
$349,900
-0.03%

Schools & Community

Elementary school: 

Franklin - Louisburg

Middle school: 

Franklin - Terrell Lane

High school: 

Franklin - Louisburg

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mcu Financial Center Cu

Loan start date

March 2024

Original loan amount

$161,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Purchase Money Mortgage

Seller

Equity Upgrade Solutions Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 1:15 PM

Listing updated: 02/18/2025 at 9:56 AM

Listed by: Jordan Clark, Real Broker, LLC Phone #: (919) 348-2585

MLS: TriangleMLS #10071542

TriangleMLS logo

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