NOT LISTED FOR SALE

104 Palomino Cove Cypress Creek, NC 27549

Estimated Value: $106,000 - $126,380

0.44 Acre
$264,068 Price per Acre
19,166 Sq Ft Lot

Last Sold July 11, 2023

Last sale price $115,000

Est. 1% increase in value since last sale

Current estimated payment $670/month

69 Days on Market

Highlights

  • Water Views
  • Brush Vegetation
  • Level Lot

About This Lot

As of July 2023

Awesome,gently sloping and almost 1/2 acre WaterFront lot,on a quiet CulDeSac at Coveted Gated Lake Royale Resort. Short drive to Triangle. Bring your builder or choose ours. There is a public boat dock across the cove (approx 1,000 Ft) for you to park your boat. Avoid expense of building your own dock .Lot has 57' of Road Frontage,210' Long with 132' bordering seldom used waterfront green-way. See pics, Amenities include police force, pool,beaches, 18 hole golf course, miniature golf, etc.

Last Agent to Sell the Property

Barry Wilkins

Allen Tate/ Lake Royale License #295838 Listed on: 03/16/2023

Allen Tate/ Lake Royale

Last Buyer's Agent

No Idx

Default Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $658

Lot Details

  • 0.44 Acre Lot
  • Property fronts a private road
  • Brush Vegetation
  • Level Lot
  • Cleared Lot

Property Views

  • Water Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Lake Royale Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$658

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Lake Royale
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Lot Water Features Water View: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 0.44
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.44
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Other
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jul 11, 2023
Sold by
Harper Duane
Bought by
Atwater Raymond W and Atwater Cheryle C
Seller's Agent
Barry Wilkins
Allen Tate/ Lake Royale
Buyer's Agent
No Idx
Default Office
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Views
17
Current Estimated Value
$116,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,190
Avg. Annual Appreciation
0.45%

Purchase Details

Closed on
Jul 9, 2021
Sold by
Lemert David A and Lemert Anna G
Bought by
Harper Duane

Purchase Details

Closed on
Mar 1, 2007
Sold by
Pcnettools Com Llc
Bought by
Lemert David A and Lemert Anna G
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atwater Raymond W $115,000 None Listed On Document
Harper Duane -- None Available
Lemert David A $70,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2023 07/11/23 Sold $115,000 -8.0% --
05/24/2023 05/24/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $125,000 -- --
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 $658 $117,500 $117,500 $0
2023 $103 $12,000 $12,000 $0
2022 $103 $12,000 $12,000 $0
2021 $104 $12,000 $12,000 $0
2020 $105 $12,000 $12,000 $0
2019 $104 $12,000 $12,000 $0
2018 $104 $12,000 $12,000 $0
2017 $115 $12,000 $12,000 $0
2016 $119 $12,000 $12,000 $0
2015 $119 $12,000 $12,000 $0
2014 $113 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2500038

Doorify MLS

APN: 022664