$95,000

111 Running Bear Dr Louisburg, NC 27549

Estimated payment $710/month

Total Views 832
3 Beds
2 Baths
1,112 Sq Ft
$85 Price per Sq Ft

Highlights

  • Popular Property
  • Gated Community
  • Clubhouse
  • Golf Course Community
  • Community Lake
  • Ranch Style House

About This Home

Investor Special! This charming 3-bedroom, 2-bath home is located in a gated community with access to a beautiful lake and lots of community ammenities—perfect for serene living or a strong rental opportunity. The home features a fully fenced backyard, ideal for pets or outdoor entertaining. Sold As-Is, this property offers great potential for upgrades and customization. Whether you're looking to renovate and resell or add to your rental portfolio, this home is a smart investment in the sought-after Lake Royale neighborhood. Don't miss out on this value-packed opportunity! Cash only.

Listing Agent

Rene Warren

Five County Specialists, LLC License #356092 Listed on: 07/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,023

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $99 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • Family Room
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • Bunn Elementary And Middle School
  • Bunn High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 019032

Community Details

Overview

  • Association fees include security, trash
  • Lake Royale Property Owners Association Inc Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Maintained Community
  • Community Lake

Amenities

  • Trash Chute
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,023

Year Built

Built in 1993

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential
  • Reso Association Fee Includes: Security, Trash
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1112.0
  • Architectural Style: Ranch
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Association Phone: 252-478-4121
  • General Property Information Senior Community YN: No
  • Foundation Details Block3: Yes
  • Property Condition Fixer: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1112.0
  • Common Walls No Common Walls: Yes
  • General Property Information Lot Size Square Feet2: 15002.06
  • General Property Information Lot Size Acres: 0.3444
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • 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

Exterior Features

  • Roof: Shingle
  • Acres: 0.34
  • Common Walls: No Common Walls
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Golf, Lake, Park, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1193.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale Property Owners Association Inc
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale Property Owners Association Inc
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Security2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1193.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 15002.06
  • ResoLotSizeUnits: Acres
  • Parcel #: 019032

Tax Info

  • Tax Annual Amount: 1023.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Franklin - Bunn

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,023 $162,960 $45,000 $117,960
2023 $966 $99,530 $13,440 $86,090
2022 $956 $99,530 $13,440 $86,090
2021 $966 $99,530 $13,440 $86,090
2020 $971 $99,530 $13,440 $86,090
2019 $953 $99,530 $13,440 $86,090
2018 $949 $99,530 $13,440 $86,090
2017 $881 $83,630 $12,000 $71,630
2016 $910 $83,630 $12,000 $71,630
2015 $910 $83,630 $12,000 $71,630
2014 $841 $83,630 $12,000 $71,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $95,000 -- $85 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $81,500 Attorney
Warranty Deed $70,000 Attorney
Warranty Deed $93,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,400 New Conventional
Previous Owner $69,750 New Conventional
Previous Owner $88,000 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Source: Doorify MLS

MLS Number: 10110183

Doorify MLS

APN: 019032