Beautiful Cape Cod style home on large lot. Hardwoods freshly refinished, New carpeting in downstairs bedrooms, Kitchen Cabinets repainted with new stove/oven and New Paint throughout. Lovely back deck leads to fenced backyard. Additional finished unpermitted space aprox 172sqft upstair. Do not miss this home!!!
Single-familyProperty Type
1999Year Built
1.32 acresLot Size
$238Est. Price/Sq.Ft.
Listed by Brad Sterman• RIG Real Estate LLC
Bought with William Patterson• Better Real Estate, LLC
Beautiful Cape Cod style home on large lot. Hardwoods freshly refinished, New carpeting in downstairs bedrooms, Kitchen Cabinets repainted with new stove/oven and New Paint throughout. Lovely back deck leads to fenced backyard. Additional finished unpermitted space aprox 172sqft upstair. Do not miss this home!!!
TMLS #1836048
Aug 15, 2012
Sold
$57,000
$44/sq ft
Aug 15, 2012
Sold
$57,000
$44/sq ft
Jul 22, 2012
Listing Removed
—
May 11, 2012
Listed
$59,900
$46/sq ft
May 11, 2012
Listed
$59,900
$46/sq ft
+5
Seller has accepted an offer. Waiting on addendums. Cape Cod style home with large lot. It appears the second floor may have been finished at a later time and we were unable to find a permit. Additional unfinished space on the 2nd floor for extra storage. Property is sold AS-IS, Agents see Remarks and download all attachments.
Public Records
Jun 4, 2002
Sold
$126,000
$97/sq ft
TMLS #632014
Apr 30, 2002
Listing Removed
—
Mar 15, 2002
Listed
$129,900
$100/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,870 (+1.8%)
$68,250 + $222,830
$291,080
2024
$1,836 (+21.3%)
$68,250 + $222,830
$291,080
2023
$1,513 (+0.7%)
$30,000 + $129,360
$159,360
2022
$1,503 (+8.9%)
$30,000 + $129,360
$159,360
2021
$1,380 (−0.6%)
$30,000 + $114,670
$144,670
2020
$1,388 (+0.7%)
2019
$1,378 (+0.4%)
$30,000 + $114,670
$144,670
2018
$1,373 (+14.0%)
$30,000 + $114,670
$144,670
2017
$1,204 (−2.7%)
$30,000 + $84,740
$114,740
2016
$1,238
$30,000 + $84,740
$114,740
2015
$1,238 (+7.4%)
$30,000 + $84,740
$114,740
2014
$1,153 (−14.0%)
$30,000 + $84,740
$114,740
2013
$1,341 (+1.0%)
$30,000 + $104,310
$134,310
2012
$1,328 (+4.2%)
$30,000 + $104,310
$134,310
2011
$1,275
$22,500 + $107,583
$130,083
Tax history for 40 Magnolia Ridge Dr
Year
Property tax
Land + Additions
Assessment*
2025
$1,870 (+1.8%)
$68,250 + $222,830
$291,080
2024
$1,836 (+21.3%)
$68,250 + $222,830
$291,080
2023
$1,513 (+0.7%)
$30,000 + $129,360
$159,360
2022
$1,503 (+8.9%)
$30,000 + $129,360
$159,360
2021
$1,380 (−0.6%)
$30,000 + $114,670
$144,670
2020
$1,388 (+0.7%)
2019
$1,378 (+0.4%)
$30,000 + $114,670
$144,670
2018
$1,373 (+14.0%)
$30,000 + $114,670
$144,670
2017
$1,204 (−2.7%)
$30,000 + $84,740
$114,740
2016
$1,238
$30,000 + $84,740
$114,740
2015
$1,238 (+7.4%)
$30,000 + $84,740
$114,740
2014
$1,153 (−14.0%)
$30,000 + $84,740
$114,740
2013
$1,341 (+1.0%)
$30,000 + $104,310
$134,310
2012
$1,328 (+4.2%)
$30,000 + $104,310
$134,310
2011
$1,275
$22,500 + $107,583
$130,083
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1.5
Lot width
—
Lot depth
—
Lot size
1.32 Acres
Year renovated
—
Sq. Ft.
1,350
Year built
1999
Style
Single Family Residential
County
Franklin County
APN
32168
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Property details
Parking
Parking Information
Parking Features: Concrete, Driveway
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Electric Water Heater
Fireplace: Yes
Fireplaces Total: 1
Flooring: Carpet, Hardwood
Exterior
Building Information
Construction Materials: Masonite
Building Area Total: 1303.0
Structure Type: Site Built
Property information
Above Grade Finished Area: 1303.0
Below Grade Finished Area: 0.0
Levels: One and One Half
Ownership Type: Other
Lot Information
Lot Size Acres: 1.32
Lot Size Area: 1.32
Lot Size Dimensions: per survey
Lot Size Square Feet: 57499.2
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 1380.0
Financial Information
Buyer Financing: Conventional
Utilities
Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
School Information
Elementary School: Franklin - Louisburg
Middle Or Junior School: Franklin - Terrell Lane
High School: Franklin - Louisburg
Location Information
County Or Parish: Franklin
Directions: S1 NORTH PAST WAKE FOREST, RIGHT ON HOLDEN THRU YOUNGSVILLE, LEFT ATMAYS CROSS ROADS (AT HILL RIDGE FARMS), RIGHT ON PEACH ORCHARD(ABOUT 3 MILES), LEFT INTO S/D ONTO MAGNOLIA RIDGE
Latitude: 36.05691
Longitude: -78.396586
Postal Code: 27549
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,350
Stories: 1.5
Lot Size: 1.32 acres
Style: Single Family Residential
Year Built: 1999
Year Renovated: —
County: Franklin County
APN: 32168
Home facts updated by county records on Sep 14, 2026
Other
Listing Date Information
Contract Status Change Date: 2022-05-29
Documents Change Timestamp: 2024-06-17T03:59:36Z
Photos Change Timestamp: 2023-09-16T00:55:53Z
Around this home
Schools
Louisburg Elementary
Public PreK-5 • Assigned • 5.5mi
4/10
Terrell Lane Middle
Public 6-8 • Assigned • 7.4mi
4/10
Louisburg High
Public 9-12 • Assigned • 6.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
53% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Louisburg, NC • 27549
Average low and high temperatures (°F)
47
28
53
34
69
45
77
53
78
58
89
67
90
72
81
66
80
63
71
50
65
43
52
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$296,000 – $358,000
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