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118 Wichita Way, Louisburg, NC, 27549

4beds
3baths
1,905sqft
$399,500
$210price/sqft
$2,595/moest. monthly cost
$103,800/yrincome needed

About This Home

BACK on the market at no fault to the sellers. Buyer couldn't sell their home. No inspections completed, nothing to do with the home itself. Your gain! Look no further... one of the cutest homes in Lake Royale--and truly better than new! A RARE 4 bedroom home that's simply beautiful! This four-bedroom, three full bath home offers a thoughtfully designed layout with the owner's suite and two additional bedrooms conveniently located on the main floor. From the moment you arrive, first impressions shine with a charming front porch and a stunning glass entry door that sets the tone. Inside, you'll find beautiful LVP flooring and a bright, open floor plan filled with natural light. The family room features a cozy gas log fireplace, custom built-ins, and elegant window treatments throughout. The kitchen is equally impressive with granite countertops, stainless steel appliances, and a classic subway tile backsplash--perfect for both everyday living and entertaining. Practicality meets style with a custom drop zone to keep everything organized and a spacious laundry room with additional storage. The main-floor owner's suite is a retreat of its own, complete with dual vanities, a walk-in shower, and a sleek glass shower door. You will also enjoy a custom closet system. Upstairs offers even more flexibility with a generous bonus room, a fourth bedroom, a full bath, and an abundance of walk-in storage space. Step outside to enjoy a screened porch overlooking a fully fenced backyard--ideal for pets, play, and relaxing evenings. The detached 2 car garage has a long driveway for ample vehicles. The deep lot extends all the way to the tree line and includes a lovely garden area with plenty of room to roam. Abundance of landscaping, perennials and 25 holly bushes planted at the rear back yard property line will ensure privacy. Immaculately maintained and absolutely beautiful inside and out--this home is ready to impress.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

6/10
Edward Best ElementaryGrades PK-58.2 mi
3/10
Bunn MiddleGrades 6-83.7 mi
4/10
Bunn HighGrades 9-123.4 mi

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Electric Oven,Refrigerator
  • Laundry features: Laundry Room,Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Built-in Features,Ceiling Fan(s),Double Vanity,Granite Counters,High Ceilings,Living/Dining Room Combination,Open Floorplan,Pantry,Master Downstairs,Separate Shower,Shower Only,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower,Water Closet
  • Flooring: Carpet,Vinyl,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,905

Heating & Cooling

  • Heating features: Central,Fireplace(s),Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,905
  • Total interior livable area: 1,905 sqft

Property

Details

  • Parcel number: 023427
  • Zoning: FCO R-30
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Porch,Rear Porch
  • Exterior features: Fenced Yard,Rain Gutters
  • Fencing: Back Yard
  • Has view: Yes

Lot

  • Lot size: 0.34 Acres
  • Features: Hardwood Trees,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Drought
Hail
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Franklin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,020$24,240
Home Insurance *$176$2,112
Property Taxes $199$2,388
Electricity $200$2,405
Total$2,595$31,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,971/yr
40% on housing$77,850/yr
45% on housing$69,200/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 27549$157
Franklin County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 27549$195
Franklin County$208

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-06Price change$399,500
2026-06-16Price change$404,900
2026-06-05Listed for sale$409,900
2026-05-09Pending sale$409,900
2026-04-16Listed for sale$409,900
2023-08-11Sold$366,400
2023-07-14Contingent$369,900
2023-06-20Price change$369,900
2023-05-25Price change$374,900
2023-05-01Price change$379,000
2023-01-25Listed for sale$389,000
2022-11-04Sold$17,000
2010-02-04Sold$5,000

For Sale by Agent

AgentColleen Blatz
BrokerageHoward Hanna Allen Tate Raleigh Falls of Neuse

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