25 Lou Cir Smithfield, NC 27577

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3 beds · 2 baths · 2,143 sq ft · Lot Size: 44,431 sq ft · Single Family Home
Est. Property Value: $246,963

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25 Lou Cir is in the 27577 neighborhood of Smithfield, NC. It is located in Johnston County and ZIP code 27577. This Single Family Home was built in 2000 and is approximately 25 years old. The single family home spans 2143 sq ft with 3 bedrooms and 2 bathrooms and sits on a 44431 sq ft lot. According to public records, it was sold for $25,000 and has a tax-assessed value of $229,080, which is $115 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 25 Lou Cir Smithfield, NC 27577 with Property Intel by Whitepages.

Owners & Occupancy for 25 Lou Cir

This property is owned by Kimberly M Jernigan. Owner contact information includes 6 phone numbers and 3 email addresses.

Property Owners

Cell Phone(919) ***-****View Cell Phone
Residence**************
Landline(252) 937-7574
Distance from Property**********
Email Address*********@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 37
Resident 2***************** age 63
Resident 3******************* age 60

Property Financials for 25 Lou Cir

25 Lou Cir, Smithfield, NC has a mortgage (orig. July 06, 2015). The Johnston county assessment for 2024 values it at $229,080, with annual taxes of $3,001.

Mortgage & Equity Information

Loan Amount$******
Origination DateJuly 06, 2015
Interest Rate****%
Term30 Years
Rate TypeAdjustable
Est Balance$********
Due Date***************
Equity View Equity

Property Tax

Property Tax Amount$3,001 in 2024
Purchase Price$25,000
Assessed Value$229,080 on 2024

Investment Potential for 25 Lou Cir

The property has a current estimated value of $246,963, which is 2% below the zip median, based on public records. It last sold for $25,000. Projected long-term
is $28,800 annually ($2,400 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 27577 zip code
 
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Property Details for 25 Lou Cir

Property Details

Property Sq Ft

Living Area

2,143 sq ft

41% above market

Lot Size

44,431 sq ft

82% above market

Price Per Sq Ft

Living Area

$115 / sq ft

28% below market

Lot Size Area

$6 / sq ft

49% below market

Property condition, age, exterior, etc. for 25 Lou Cir…
Longitude: -78.37137 Latitude: 35.570121 Parcel Number (APN): 17J07018S…

Recommended Properties in 27577

Discover more single family homes near 25 Lou Cir in Smithfield, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 25 Lou Cir in Johnston County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$246,963
$257,944
-$10,981 (-4%)
YoY Price Change
Year Built
2000
1990
10 years
Living Space
2,143 sq ft
1,590 sq ft
553 (35%)
$ Per Living Sq Ft
$115
$158
-$43 (-27%)
Lot Size
44,431 sq ft
20,473 sq ft
23958 (117%)
$ Per Lot Sq Ft
$6
$12
-$6 (-53%)

Net Operating Income
$18,197
$1,941 (11%)
Annual Revenue
$28,800
$25,200
$3,600 (14%)
$6,673
$1,989 (30%)
Net Operating Income
$18,197
$1,941 (11%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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