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1931 Ronald Tharrington Rd, Louisburg, NC, 27549

2beds
1baths
1,489sqft
$269,000
$181price/sqft
$1,818/moest. monthly cost
$72,720/yrincome needed

About This Home

Enjoy the best of country living with the convenience of town nearby in this rustic starter home offering 2 bedrooms plus a den and 1 bath, situated on approximately 0.7 acres in Louisburg. Set in a peaceful, open setting, this property is just minutes from downtown Louisburg, providing easy access to local shops, dining, and everyday amenities. Inside, a light and bright sunroom fills the home with natural sunlight and offers flexible space for relaxing, working from home, or entertaining. A den provides added versatility--perfect for a home office, guest room, or hobby space. Recent improvements include a newer HVAC system installed January 2024, newer roof (2025)and some newer windows (2024), enhancing comfort and efficiency. Updated electrical work throughout (2024) Outdoor living is a highlight with a spacious deck ideal for enjoying the surrounding countryside. The generous lot offers ample open parking and plenty of room for outdoor activities, gardening, or future expansion. A wonderful opportunity for first-time buyers or those seeking a simpler lifestyle with space, charm, and proximity to town.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10
Edward Best ElementaryGrades PK-53.8 mi
4/10
Terrell Lane MiddleGrades 6-83.1 mi
5/10
Louisburg HighGrades 9-124.2 mi

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Composition, Shingle
  • Construction materials: Brick Veneer,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Exhaust Fan,Free-Standing Electric Range
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Kitchen/Dining Room Combination,Living/Dining Room Combination
  • Window features: Double Pane Windows
  • Flooring: Ceramic Tile,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,489

Heating & Cooling

  • Heating features: Central,Fireplace(s),Heat Pump
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 1,489
  • Total interior livable area: 1,489 sqft

Property

Details

  • Parcel number: 018883
  • Zoning: FCO AR
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: None
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.70 Acres
  • Features: Many Trees,Wooded

Parking

  • Total spaces: 6
  • Parking features: Carport,Unpaved
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • Carport: Yes
  • Carport 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 WeatherVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Winter Weather
Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Cold Wave
Drought
Hurricane
Heat Wave

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 $1,360$16,320
Home Insurance *$118$1,416
Property Taxes $140$1,680
Electricity $200$2,405
Total$1,818$21,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,331/yr
40% on housing$54,540/yr
45% on housing$48,480/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

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 27549$158
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
2026-03-30Price change$269,000
2026-03-13Price change$269,900
2026-02-20Listed for sale$280,000
2023-11-28Sold$220,000
2023-11-21Pending sale$220,000
2023-10-19Contingent$220,000
2023-10-17Price change$220,000
2023-10-05Price change$225,500
2023-10-01Price change$229,400
2023-09-19Price change$229,500
2023-09-11Price change$234,900
2023-09-06Listed for sale$240,000
2023-08-23Contingent$240,000
2023-08-21Price change$240,000
2023-07-27Price change$249,900
2023-07-13Listed for sale$260,000
2018-04-27Sold$80,000
2018-03-26Pending sale$84,900
2018-03-21Price change$84,900
2018-01-02Listed for sale$89,900
2017-12-14Pending sale$89,900
2017-11-30Listed for sale$89,900
2017-10-16Listing removed$79,000
2017-10-07Price change$79,000
2017-10-01Listed for sale$94,000
2008-10-10Sold$66,500
2000-02-28Sold$89,900

For Sale by Agent

AgentLonnie Montemayor
BrokerageColdwell Banker HPW

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