Property Description:
This is a manufactured/DBL (HUD certified) ranch situated on 4.9 beautiful acres of land in Louisburg!!!
Link to pictures and video at bottom of this page.
ARV: $170-175,000 (based on recently-sold, similar comps in the area)
Repairs: Under $25,000
Roof, HVAC, Oven, Water Heater, Chimney and ~40% of the windows are all under 4 years old. Crawlspace is dry, no sign of mold. Electrical and plumbing are in excellent condition. No shifting or cracks in foundation or piers.
Recommended repairs include: New light fixtures throughout, interior paint, upgrade kitchen (resurface countertops, paint cabinets, new dish washer, microwave, sink and stove), new carpet throughout, laminate floors appear to be fine as-is with the exception of around the HVAC unit in the laundry room, minor trim work, replace ~60% of windows (none appear broken though), re-glaze garden tub in master, pressure wash outside, mowing of grass and removal of plant growth around property.
House is actually on Franklin County water despite tax records claiming well. Septic tank present. Percolation test years ago showed property percs for two units, buyer to confirm legality of building second unit via their own due diligence. Have consulted with a second listing agent who works in Louisburg and they have verified our ARV range.
Comps include 35 Azalea Dr. in Louisburg (sold in June for $180k. DOM 25) and 62 Gunsmoke Ln. in Louisburg (sold in June for $205k. DOM 4).
Link to pictures and video: share.icloud.com/photos/0ylLKmGGg-GOXUbl2C85Zi39A