NOT LISTED FOR SALE

Estimated Value: $203,000 - $316,000

3 Beds
2 Baths
1,229 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2024

Last sale price $287,500 $234 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,731 / mo

10 Days on Market

Highlights

  • Community Boat Dock
  • A-Frame Home
  • Deck
  • Sandy Beach
  • Clubhouse
  • Wooded Lot

About This Home

As of January 2024

This beautifully remodeled 3BR, 2BA cottage in the gated Lake Royale community will win you over with its contemporary color scheme as soon as you drive up! From there it gets even better: new roof, new HVAC unit, new deck, smooth ceilings, interior & exterior freshly painted, new luxury vinyl plank flooring throughout, new white shaker kitchen cabinets, quartz counters and stainless steel appliances, primary half bath converted to full bath with large walk-in shower, all new vanities, light fixtures, etc. Lots of windows and a ton of natural light! Three minute walk to the clubhouse, sandy beach and community garden and less than five minutes to the gate. Other amenities include marinas, water sports, pool, tennis, volleyball, basketball, playgrounds, outdoor gym, and 18 hole golf course. Just a short drive from Raleigh ... make this your primary home or the vacation home you have been dreaming about!

Last Agent to Sell the Property

Petra Thomas

EXP Realty LLC License #150392 Listed on: 10/10/2023

EXP Realty LLC

Last Buyer's Agent

Dale Suggs

Keller Williams Realty Cary License #277943

Keller Williams Realty Cary

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1987

Lot Details

  • 18,295 Sq Ft Lot
  • Lot Dimensions are 155 x 201 x 55 x 135
  • Sandy Beach
  • Wooded Lot

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Transitional Architecture
  • Bungalow
  • Masonite

Interior Spaces

  • 1,229 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Dining Room
  • Luxury Vinyl Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower

Parking

  • Private Driveway
  • Unpaved Parking

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Septic Tank

Community Details

Overview

  • Lrpoa Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 1987

Lot Details

0.42 Acres

HOA Fees

$90 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1229.0
  • Architectural Style: A-Frame, Bungalow, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 155 x 201 x 55 x 135
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: (252) 478-4121
  • Laundry Features Laundry Closet: Yes
  • Architectural Style Bungalow: Yes
  • Heating Gas Pack2: Yes
  • Water Source Community Water: Yes
  • Lot Water Features Beach Sandy: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information Above Grade Finished Area: 1229.0
  • General Property Information Carport YN: No
  • Lot Water Features Dock Community: Yes
  • General Property Information Lot Size Square Feet2: 18295.2
  • General Property Information Lot Size Acres: 0.42
  • General Property Information:Living Area3: 1229.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub Only, Pantry, Primary Downstairs, Quartz Counters, Shower Only, Smooth Ceilings, Vaulted Ceiling(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.42
  • Construction Type: Masonite
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: Forced Air, Gas Pack, Propane
  • Cooling: Central Air, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1082.0
  • Association Fee Frequency: Annually
  • Association Name: LRPOA
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: LRPOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1082.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 155 x 201 x 55 x 135
  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1054.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 18, 2023
Sold by
Bought by
Seller's Agent
Petra Thomas
EXP Realty LLC
Buyer's Agent
Dale Suggs
Keller Williams Realty Cary
List Price
$290,000
Sold Price
$287,500
Premium/Discount to List
-$2,500
-0.86%
Views
202
Current Estimated Value
$276,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,268
Avg. Annual Appreciation
-1.51%
Original Mortgage
$287,500
Outstanding Balance
$281,737
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
-$5,505

Purchase Details

Closed on
Jul 14, 2023
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$287,500 Keystone Title
$152,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $287,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/03/2024 01/03/24 Sold $287,500 -0.9% $234 / Sq Ft
12/16/2023 12/16/23 Off Market $290,000 -- --
10/20/2023 10/20/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $290,000 -- $236 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,461 $237,060 $45,000 $192,060
2024 $1,438 $237,060 $45,000 $192,060
2023 $1,051 $109,470 $13,440 $96,030
2022 $1,041 $109,470 $13,440 $96,030
2021 $1,052 $109,470 $13,440 $96,030
2020 $1,059 $109,470 $13,440 $96,030
2019 $1,039 $109,470 $13,440 $96,030
2018 $1,035 $109,470 $13,440 $96,030
2017 $896 $85,250 $12,000 $73,250
2016 $926 $85,250 $12,000 $73,250
2015 $926 $85,250 $12,000 $73,250
2014 $856 $85,250 $12,000 $73,250
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 2536397

Doorify MLS

APN: 023268

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