$485,000
SOLD JUL 9, 2021

103 Pony Express Cove Louisburg, NC 27549

3 Beds
3.5 Baths
2,427 Sq Ft
1 Acres

Recently Sold

$200 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Dock Permitted
  • Clubhouse
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2021

Magnificent 1 of a kind Waterfront Home Private 1 Acre, GREAT OUTDOOR LIVING SPACE, Home has it all, 3 season room, Koi Pond, Hot Tub, Large Dock, Impeccably maintained, Unique Open floor plan/ Chef can enjoy family/friends. Nestled off road private lot nice cove designed for outdoor living and entertainment with large dock. Coveted Lake Royale (Lake and Golf Resort) short drive to Triangle. Beaches, marinas, 18 hole golf course, all water sports, great fishing. Gated Community call for gate pass.

Last Agent to Sell the Property

Barry Wilkins

Allen Tate/ Lake Royale License #295838 Listed on: 04/19/2021

Allen Tate/ Lake Royale

Last Buyer's Agent

Judy Hart

Navigate Realty License #304714

Navigate Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 247x113x129x150x141x200
  • Private Waterfront
  • 113 Feet of Waterfront
  • Lake Front

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Private Driveway

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,427 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Water Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Dock Permitted
  • Deck
  • Porch

Schools

  • Ed Best Elementary School
  • Bunn Middle School
  • Bunn High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include road maintenance, storm water maintenance
  • Lake Royale Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,851

Year Built

Built in 1998

Lot Details

0

HOA Fees

$82 per month

Parking

3

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance, Storm Water Maintenance
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 2427.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 2922.0
  • General Property Information Total Unfinished Area2: 2922.0
  • General Property Information Lot Size Dimensions: 247x113x129x150x141x200
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Levels One and One Half: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Water Frontage Length2: 113.0
  • Waterfront Access Private Ownership: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 2427.0
  • General Property Information Carport YN: No
  • Lot Water Features Dock Permit Installed: Yes
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Lake Royale
  • Acres: 1.0
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Waterfront Features:Lake3: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association Fee: 986.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 986.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Franklin - Bunn
  • Middle Or Junior School: Franklin - Bunn

Lot Info

  • Lot Dimensions: 247x113x129x150x141x200
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2851.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jul 6, 2021
Sold by
W J M Llc
Bought by
Laub Richard and Laub Sharon
Seller's Agent
Barry Wilkins
Allen Tate/ Lake Royale
Buyer's Agent
Judy Hart
Navigate Realty
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$295,000
Outstanding Balance
$269,977
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,217

Purchase Details

Closed on
Oct 13, 2015
Sold by
W J M Llc
Bought by
W J M Llc

Purchase Details

Closed on
Mar 16, 2010
Sold by
Qualk William J and Qualk Joyce M
Bought by
W J M Llc

Purchase Details

Closed on
Mar 21, 1997
Bought by
Qualk William J and Qualk Joyce M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $629,000 +29.7% $243 / Sq Ft
12/14/2023 12/14/23 Off Market $485,000 -- --
07/09/2021 07/09/21 Sold $485,000 -2.0% $200 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $495,000 -- $204 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,274 $564,950 $142,240 $422,710
2023 $2,798 $312,600 $66,280 $246,320
2022 $2,788 $312,600 $66,280 $246,320
2021 $2,820 $312,600 $66,280 $246,320
2020 $2,837 $312,600 $66,280 $246,320
2019 $2,799 $312,600 $66,280 $246,320
2018 $2,799 $312,600 $66,280 $246,320
2017 $2,578 $260,850 $64,350 $196,500
2016 $2,669 $260,850 $64,350 $196,500
2015 $2,562 $250,120 $53,620 $196,500
2014 $2,406 $250,120 $53,620 $196,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2378683

Doorify MLS

APN: 025718