NOT LISTED FOR SALE

114 Ojibwa Dr Louisburg, NC 27549

Estimated Value: $277,000

0.37 Acre
$748,649 Price per Acre
16,117 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $21,500

Est. 1,188% increase in value since last sale

Current estimated payment $1,475/month

135 Days on Market

Highlights

  • Boat Dock
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Wooded Lot

About This Lot

As of October 2022

FOUR CAMP LOTS COMBINED INTO ONE BEAUTIFUL PROPERTY WITH LOTS OF POTENTIAL! PLENTY OF SPACE FOR MULTIPLE CAMPERS OR POSSIBLE COTTAGE! Convenient to Comfort Station w/Picnic Shelter, Playground & Tennis! Nice Level Area for Camper! Electric on Site! Driveway w/ Apron! Camp Now & Build Your Cottage Later! GATED COMMUNITY ON 345-ACRE LAKE W/18-HOLE GOLF AVAILABLE!

Last Agent to Sell the Property

Barry Wilkins

Allen Tate/ Lake Royale License #295838 Listed on: 04/10/2022

Allen Tate/ Lake Royale

Co-Listed By

Susan Boblett

Allen Tate/ Lake Royale License #220397

Last Buyer's Agent

Barry Wilkins

Allen Tate/Wake Forest

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $192

Lot Details

  • 0.37 Acre Lot
  • Property fronts a private road
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot

Parking

  • Driveway

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

$192

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
  • Water Source Public: Yes
  • Lot Features Partially Cleared: 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
  • Lot Features Driveway2: Yes
  • General Property Information Lot Size Acres: 0.37
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.37
  • Lot Features:Wooded: Yes
  • Lot Features:Rolling Slope: 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: Vacant
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
Oct 11, 2022
Sold by
Williams Stephen E and Williams Emily A
Bought by
Sellers Michael Charles and Sellers Dawn Michaelle
Seller's Agent
Barry Wilkins
Allen Tate/ Lake Royale
Buyer's Agent
Barry Wilkins
Allen Tate/ Lake Royale
List Price
$28,500
Sold Price
$21,500
Premium/Discount to List
-$7,000
-24.56%
Current Estimated Value
$277,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,500
Avg. Annual Appreciation
126.28%
Original Mortgage
$10,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 10, 2014
Sold by
Williams Stephen E and Williams Stephen Ellis
Bought by
Williams Stephen E

Purchase Details

Closed on
May 5, 2009
Sold by
Vianco Richard Jason and Vianco Wendy V
Bought by
Williams Stephen Ellis

Purchase Details

Closed on
Nov 10, 2005
Sold by
Lake Royale Property Owners Association
Bought by
Vianco Richard Jason
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 Buyer Sale Price Title Company
Sellers Michael Charles $21,500 --
Williams Stephen E -- None Available
Williams Stephen Ellis $1,000 None Available
Vianco Richard Jason $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sellers Michael Charles $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $21,500 -- --
10/11/2022 10/11/22 Sold $21,500 -12.2% --
08/23/2022 08/23/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $24,500 -14.0% --
04/10/2022 04/10/22 For Sale $28,500 -- --
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 $192 $33,750 $33,750 $0
2024 $189 $33,750 $33,750 $0
2023 $116 $13,500 $13,500 $0
2022 $116 $13,500 $13,500 $0
2021 $117 $13,500 $13,500 $0
2020 $117 $13,500 $13,500 $0
2019 $117 $13,500 $13,500 $0
2018 $117 $13,500 $13,500 $0
2017 $129 $13,500 $13,500 $0
2016 $134 $13,500 $13,500 $0
2015 $134 $13,500 $13,500 $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: 2441964

Doorify MLS

APN: 019209