$65,000
SOLD MAR 14, 2025

108 Bow Dr Cypress Creek, NC 27549

0.14 Acre
$464,286 Price per Acre
5,998 Sq Ft Lot

Recently Sold

10% Below List Price

109 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Gated Community
  • Boating
  • Fishing
  • Community Lake

About This Lot

As of March 2025

Experience nature with comfort and convenience on this well-maintained wooded lot. Nestled at the north end of the lake, this 2021 Forest River Vibe (31') features custom upgrades that take RV living to the next level. Enjoy serene lake views through neighboring properties, creating a peaceful retreat without sacrificing modern amenities. The property is fully equipped with water, septic, and electricity connections, making it ready for you to move right in. A true escape for those who value privacy, beauty, and convenience all in one.

Last Agent to Sell the Property

Dan Gunther

Allen Tate/ Lake Royale License #313337 Listed on: 01/03/2025

Allen Tate/ Lake Royale

Co-Listed By

Jacqueline Brewer

Allen Tate/ Lake Royale License #334222

Last Buyer's Agent

Dan Gunther

Allen Tate/Wake Forest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $208

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 59x101x59x101
  • Property fronts a private road
  • Partially Wooded Lot
  • Property is zoned FCO R-30

HOA Fees

  • $119 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 023434

Community Details

Overview

  • Association fees include ground maintenance, road maintenance, security
  • First Service Residential Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Maintained Community
  • Community Lake

Amenities

  • Picnic Area
  • Trash Chute
  • Clubhouse
  • Meeting Room
  • Coin Laundry

Recreation

  • Boating
  • Powered Boats Allowed
  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Playground
  • Exercise Course
  • Community Pool
  • Fishing
  • Park
  • Jogging Path

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$208

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance, Security
  • Co List Office Phone: 252-478-5608
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 59x101x59x101
  • General Property Information Association Fee Required YN: Yes
  • Water Source Public: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Experience nature with comfort and convenience on this well-maintained wooded lot. Nestled at the north end of the lake, this 2021 Forest River Vibe (31') features custom upgrades that take RV living to the next level. Enjoy serene lake views through neighboring properties, creating a peaceful retreat without sacrificing modern amenities. The property is fully equipped with water, septic, and electricity connections, making it ready for you to move right in. A true escape for those who value privacy, beauty, and convenience all in one.
  • General Property Information Association Phone: 252-478-4121
  • General Property Information Monthly Association Fees2: 118.6
  • Utilities Water Connected: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Septic Connected: Yes
  • Vegetation Partially Wooded: Yes
  • Association Amenities Boating: Yes
  • General Property Information Lot Size Square Feet2: 5998.21
  • General Property Information Lot Size Acres: 0.1377
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Park2: Yes
  • Community Features:Fishing: Yes

Exterior Features

  • Acres: 0.14
  • Waterfront: No

Utilities

  • Utilities: Electricity Connected, Septic Connected, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Park, Playground, Pool, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Association Name: First Service Residential
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: First Service Residential
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Meeting Room: Yes
  • Association Amenities:Picnic Area: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Exercise Course: Yes
  • Association Amenities:Powered Boats Allowed: Yes
  • General Property Information:Association YN: Yes
  • Association Amenities:Jogging Path: Yes
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Shuffleboard Court: Yes
  • Association Amenities:Coin Laundry: Yes

Schools

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

Lot Info

  • Zoning: FCO R-30
  • Current Use: Recreational
  • Lot Dimensions: 59x101x59x101
  • Lot Size Sq Ft: 5998.21
  • ResoLotSizeUnits: Acres
  • Parcel #: 023434
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 207.88
  • Tax Year: 2024

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Mar 13, 2025
Sold by
Serfass Jason and Shane-Serfass Michele M
Bought by
Larimore Terry
Seller's Agent
Dan Gunther
Allen Tate/ Lake Royale
Buyer's Agent
Dan Gunther
Allen Tate/ Lake Royale
List Price
$72,000
Sold Price
$65,000
Premium/Discount to List
-$7,000
-9.72%
Views
27
Current Estimated Value
$69,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,158
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Mar 30, 2021
Sold by
Bloyer William W and Bloyer Judith P
Bought by
Serfass Jason and Serfass Shane Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2014
Sold by
Richardson Jefferson C and Richardson Julie D
Bought by
Bloyer William W and Bloyer Judith P

Purchase Details

Closed on
May 25, 2005
Sold by
Aceto Joseph
Bought by
Richardson Jefferson C and Richardson Julie D

Purchase Details

Closed on
Jan 12, 2005
Sold by
Morales Edward A and Morales Mildred
Bought by
Aceto Josepth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $65,000 None Listed On Document
Warranty Deed $21,000 None Available
Warranty Deed $21,000 None Listed On Document
Warranty Deed $3,500 None Available
Warranty Deed $4,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $16,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $65,000 -9.7% --
02/28/2025 02/28/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $72,000 0.0% --
12/31/2024 12/31/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $72,000 -- --
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
2025 $243 $17,480 $15,000 $2,480
2024 $98 $17,480 $15,000 $2,480
2023 $52 $6,000 $6,000 $0
2022 $52 $6,000 $6,000 $0
2021 $52 $6,000 $6,000 $0
2020 $53 $6,000 $6,000 $0
2019 $52 $6,000 $6,000 $0
2018 $52 $6,000 $6,000 $0
2017 $38 $4,000 $4,000 $0
2016 $40 $4,000 $4,000 $0
2015 $40 $4,000 $4,000 $0
2014 $38 $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10062799

Doorify MLS

APN: 023434