NOT LISTED FOR SALE

104 Shawnee Dr Cypress Creek, NC 27549

Estimated Value: $350,918 - $387,000

0.38 Acre
$974,947 Price per Acre
16,553 Sq Ft Lot

Last Sold August 11, 2021

Last sale price $15,000

Est. 2,370% increase in value since last sale

Current estimated payment $2,096/month

24 Days on Market

Highlights

  • Boat Dock
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

About This Lot

As of August 2021

PREMIUM LOT AVAILABLE CONVENIENT TO GATED ENTRANCE OF LAKE ROYALE!! Build Now or Later! GATED COMMUNITY ON 345-ACRE LAKE W/18-HOLE GOLF AVAILABLE!

Last Agent to Sell the Property

Susan Boblett

Allen Tate/ Lake Royale License #220397 Listed on: 06/03/2021

Allen Tate/ Lake Royale

Last Buyer's Agent

Jennifer Lavrack

Lavrack Properties, Inc. License #230456

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,886

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 74x218x74x218
  • Property fronts a private road
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

Schools

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

Utilities

  • Septic Needed

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Royale Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,886

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 74x218x74x218
  • Water Source Public: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Lot Water Features Dock Community: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 0.38
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.38
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Dimensions: 74x218x74x218
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Truswood Properties Llc
Bought by
Bw Watts Construction Llc
Current Estimated Value
$370,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,885
Outstanding Balance
$778,255
Interest Rate
7.63%
Mortgage Type
Seller Take Back
Estimated Equity
-$407,775

Purchase Details

Closed on
Feb 14, 2023
Sold by
Watts Richard L
Bought by
Truswood Properties Llc

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 4, 2021
Sold by
Stephanie Piquion
Bought by
Richard L Watts Of Truswood Properties L
Seller's Agent
Susan Boblett
Allen Tate/ Lake Royale
Buyer's Agent
Jennifer Lavrack
Lavrack Properties, Inc.
List Price
$15,000
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.19%

Purchase Details

Closed on
Oct 5, 2005
Sold by
M G Land & Homes Llc
Bought by
Lavache Yurose and Piquion Stephanie

Purchase Details

Closed on
Jul 24, 2005
Sold by
Waddell Josephine H
Bought by
M G Land & Homes Llc
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
Bw Watts Construction Llc -- None Listed On Document
Truswood Properties Llc -- --
Richard L Watts Of Truswood Properties L $15,000 Warren James S
Lavache Yurose $12,000 None Available
M G Land & Homes Llc $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bw Watts Construction Llc $783,885
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $15,000 -- --
08/11/2021 08/11/21 Sold $15,000 0.0% --
06/27/2021 06/27/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $15,000 -- --
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 $1,886 $317,080 $45,000 $272,080
2023 $2,007 $220,530 $13,440 $207,090
2022 $43 $5,040 $5,040 $0
2021 $44 $5,040 $5,040 $0
2020 $44 $5,040 $5,040 $0
2019 $44 $5,040 $5,040 $0
2018 $44 $5,040 $5,040 $0
2017 $43 $4,500 $4,500 $0
2016 $45 $4,500 $4,500 $0
2015 $45 $4,500 $4,500 $0
2014 $42 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2387996

Doorify MLS

APN: 023318