NOT LISTED FOR SALE

111 Omaha Dr Louisburg, NC 27549

Estimated Value: $42,873

0.49 Acre
$87,496 Price per Acre
21,344 Sq Ft Lot

Last Sold August 29, 2022

Last sale price $40,000

Est. 7% increase in value since last sale

Current estimated payment $239/month

180 Days on Market

Highlights

  • Boat Ramp
  • Corner Lot
  • Cul-De-Sac

About This Lot

As of August 2022

GREAT WEEKEND GETAWAY!!! 0.49 Acres LOT AT LAKE ROYALE LEAVES PLENTY OF ROOM FOR EXPANSION! Comes with Charming 1980 21x7.5 Free Spirit Camper w/19x9 room addition, wooden blinds ,holding tank, propane heating. Resort Community featuring 345-acre lake, W/18-HOLE GOLF AVAILABLE!, 2 beach areas, swimming pool, picnic areas, playgrounds, etc. GATED COMMUNITY, CONTACT CO-LISTING AGENT FOR SHOWINGS-"HOW TO"

Last Agent to Sell the Property

Barry Wilkins

Allen Tate/ Lake Royale License #295838 Listed on: 02/15/2022

Allen Tate/ Lake Royale

Co-Listed By

Cindy Phifer

Allen Tate/Wake Forest License #293985

Last Buyer's Agent

Barry Wilkins

Allen Tate/Wake Forest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $150

Lot Details

  • 0.49 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Schools

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

Utilities

  • Shared Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Royale Subdivision

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$150

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Phone: 252-478-5608
  • Subdivision Name: Lake Royale
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: GREAT WEEKEND GETAWAY!!! 0.49 Acres LOT AT LAKE ROYALE LEAVES PLENTY OF ROOM FOREXPANSION: Comes with Charming1980 21x7.5 Free Spirit Camper w/19x9 room addition, wooden blinds ,holding tank, propane heating. Resort Community featuring 345-acre lake, W/18-HOLE GOLF AVAILABLE!, 2 beach areas, swimming pool, picnic areas, playgrounds, etc. GATED COMMUNITY, CONTACT CO-LISTING AGENT FOR SHOWINGS-"HOW TO"
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Lot Water Features Public Boat Ramp 2-3 Miles: Yes
  • General Property Information Lot Size Acres: 0.49
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.49
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes
  • Lot Features:Other19: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Other
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 21344.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Aug 26, 2022
Sold by
Perleberg and Therese
Bought by
Meli Charles A and Meli Christine Anne
Seller's Agent
Barry Wilkins
Allen Tate/ Lake Royale
Buyer's Agent
Barry Wilkins
Allen Tate/ Lake Royale
List Price
$56,000
Sold Price
$40,000
Premium/Discount to List
-$16,000
-28.57%
Current Estimated Value
$42,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,873
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Mar 9, 2018
Sold by
Perleberg Ray and Perleberg Therese
Bought by
Perleberg Ray and Perleberg Therese

Purchase Details

Closed on
Mar 31, 2006
Sold by
Stedman Shirley F
Bought by
Perlebrurg Ray and Perlebrurg Theresse
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Meli Charles A -- None Listed On Document
Meli Charles A -- None Listed On Document
Perleberg Ray -- None Available
Perlebrurg Ray $14,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $40,000 -- --
08/29/2022 08/29/22 Sold $40,000 -19.8% --
08/14/2022 08/14/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $49,900 -10.9% --
02/15/2022 02/15/22 For Sale $56,000 -- --
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 $150 $26,250 $26,250 $0
2024 $158 $28,290 $26,250 $2,040
2023 $146 $11,490 $10,500 $990
2022 $146 $11,490 $10,500 $990
2021 $147 $11,490 $10,500 $990
2020 $147 $11,490 $10,500 $990
2019 $147 $11,490 $10,500 $990
2018 $121 $8,490 $7,500 $990
2017 $133 $8,400 $7,500 $900
2016 $138 $8,400 $7,500 $900
2015 $143 $8,400 $7,500 $900
2014 $130 $8,400 $7,500 $900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2431483

Doorify MLS

APN: 024129