$225,000
SOLD JUL 12, 2022

108 Horseman Dr Louisburg, NC 27549

3 Beds
2 Baths
1,585 Sq Ft
0.34 Acres

Recently Sold

$142 Per Sq Ft

5 Days on Market

Highlights

  • Gated Community
  • Deck
  • Main Floor Primary Bedroom
  • Clubhouse
  • Traditional Architecture
  • Bonus Room

About This Home

As of July 2022

2 bedrooms with a possible 3rd bedroom/office. 2 full bathrooms, huge, beautiful backyard. There is no better way to spend the summer than wet at this gated lakefront resort. It officers boating including a Marina on the exclusive 3.25-mile-long lake. There are beaches, fishing, tennis, clubhouse, putt-putt, volleyball and even a restaurant. POA charges a one-time $600.00 transfer fee paid by buyer at closing. All septic tanks prior to 1987 had no permits available per Franklin County Permit dept.

Last Agent to Sell the Property

Elsa Gran Alvarado

eXp Realty, LLC - C License #323012 Listed on: 05/24/2022

Last Buyer's Agent

Elsa Gran Alvarado

eXp Realty, LLC - C License #323012

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned FCO R-30

HOA Fees

  • $86 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Bungalow
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,585 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry on main level
  • Utility Room

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Parking

  • Garage
  • Front Facing Garage
  • Side Facing Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Bunn Elementary And Middle School
  • Bunn High School

Utilities

  • Cooling System Powered By Gas
  • Whole House Fan
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include storm water maintenance
  • Association Phone (252) 478-4121
  • Lake Royale Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Road Surface Type: Unimproved
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1585.0
  • Architectural Style: Bungalow, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Lot Size Dimensions: 75-75-200
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: 2524784121
  • General Property Information Senior Community YN: No
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • Water Source Community Water: Yes
  • Room Types Entrance Hall: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 1585.0
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 14810.4
  • Cooling:Whole House Fan: Yes
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Kitchen/Dining Room Combination, Primary Downstairs, Shower Only, Storage, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Security Features:Gated Community: Yes

Exterior Features

  • Acres: 0.34
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Garage Faces Front, Garage Faces Side, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Gas, Whole House Fan, Window Unit(s)
  • 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: Playground, Street Lights
  • Senior Community: No
  • Association Fee: 1035.0
  • Association Fee Frequency: Annually
  • Phone: 252-478-4121
  • 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: 1035.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Zoning: FCO R-30
  • Lot Dimensions: 75-75-200
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 115270.0
  • Tax Year: 2022
  • Tax Map Number: mb 12/pg 70

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Franklin - Bunn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Substitute Trustee Services Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 12, 2022
Sold by
Mcknight Shawn L and Mcknight Cynthia M
Bought by
Garcia Nelson Arnoldo and Molina Angela Y
Seller's Agent
Elsa Gran Alvarado
eXp Realty, LLC - C
Buyer's Agent
Elsa Gran Alvarado
eXp Realty, LLC - C
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Original Mortgage
$218,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2004
Bought by
Mcknight Shawn L and Mcknight Howland
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
Trustee Deed $210,000 None Listed On Document
Warranty Deed $225,000 Twomey Richard J
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $218,250 New Conventional
Previous Owner $2,806 FHA
Previous Owner $108,109 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $199,900 0.0% $124 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $199,900 -11.2% $124 / Sq Ft
12/14/2023 12/14/23 Off Market $225,000 -- --
07/12/2022 07/12/22 Sold $225,000 0.0% $142 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $225,000 -- $142 / 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 $1,502 $248,530 $45,000 $203,530
2023 $1,266 $134,410 $13,440 $120,970
2022 $1,091 $115,270 $13,440 $101,830
2021 $1,103 $115,270 $13,440 $101,830
2020 $1,109 $115,270 $13,440 $101,830
2019 $1,089 $115,270 $13,440 $101,830
2018 $1,086 $115,270 $13,440 $101,830
2017 $973 $93,260 $12,000 $81,260
2016 $1,006 $93,260 $12,000 $81,260
2015 $1,006 $93,260 $12,000 $81,260
2014 $932 $93,260 $12,000 $81,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2451542

Doorify MLS

APN: 023692