NOT LISTED FOR SALE

115 Osela Ln Louisburg, NC 27549

Estimated Value: $57,187

0.09 Acre
$635,411 Price per Acre
3,920 Sq Ft Lot

Last Sold July 17, 2024

Last sale price $55,000

Est. 4% increase in value since last sale

Current estimated payment $418/month

111 Days on Market

About This Lot

As of July 2024

BRING YOUR BOAT! Welcome to your perfect LAKE ROYALE getaway or permanent home! This property is in a beautiful gated LAKE community offering endless opportunities for family fun and relaxation. Nestled within the serene surroundings, this property features a stunning camper that has been meticulously upgraded for your comfort and enjoyment. Step inside to discover new vinyl floors throughout, creating a modern and inviting atmosphere. Stay cool during the warmer months with two recently installed A/C units (2023), ensuring comfort for you and your loved ones. The brand new stove adds convenience and style to the well-appointed kitchen space. The camper also boasts a new bathroom exhaust, ensuring freshness and ventilation. Additionally, the property includes TVs for entertainment, making it easy to unwind after a day of outdoor adventures. Outside, a 10X17 portable shed houses a washer and dryer, providing added convenience for your stay. With a 19-gallon electric water heater dedicated to servicing the washing machine, laundry day is a breeze. THE LOT HAS ITS OWN SEPTIC TANK! But the amenities don't stop there! The Lake Royale community offers a wealth of activities and facilities to explore, including tennis courts, basketball courts, mini golf, an exercise center, playground, clubhouse, pavilion, boat launch, and boat docks. Don't miss out on this opportunity to own your slice of paradise in Lake Royale. Schedule your showing today and start making memories that will last a lifetime!

Last Agent to Sell the Property

Dania Santos

Ninja Realty License #327648 Listed on: 02/21/2024

Last Buyer's Agent

Mary Roberson

Century 21 Folks Properties License #345170

Century 21 Folks Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $240

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x80x50x80
  • Cleared Lot

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Bunn Elementary And Middle School
  • Bunn High School

Utilities

  • Propane
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2749-39-1868

Community Details

Overview

  • Lake Royale Poa, Phone Number (252) 478-4121
  • Lake Royale Subdivision

Recreation

  • Tennis Courts
  • Community Playground

Property Details

Property Type

Land

Est. Annual Taxes

$240

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 50X80X50X80
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Phone: (252) 478-4121
  • Water Source Community Water: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Monthly Association Fees2: 90.17
  • Vegetation Cleared2: Yes
  • Utilities Propane3: Yes
  • Utilities Septic Available: Yes
  • General Property Information Lot Size Square Feet2: 3920.4
  • General Property Information Lot Size Acres: 0.09
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Playground2: Yes
  • Community Features:Tennis Court(s)2: Yes

Exterior Features

  • Acres: 0.09

Utilities

  • Utilities: Electricity Available, Septic Available, Water Available, Propane
  • Water Source: Community Water
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground, Tennis Court(s)
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale POa
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale POa
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1200.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 50X80X50X80
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 2749-39-1868

Tax Info

  • Tax Annual Amount: 240.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Bunn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jul 10, 2024
Sold by
Frish Heidi and Frish David
Bought by
Jaspers Troy
Seller's Agent
Dania Santos
Ninja Realty
Buyer's Agent
Mary Roberson
Century 21 Folks Properties
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Views
56
Current Estimated Value
$57,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,187
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 18, 2022
Sold by
Angela Andrews
Bought by
Frish David and Frish Heidi
Seller's Agent
Barry Wilkins
Allen Tate/ Lake Royale
Buyer's Agent
Barry Wilkins
Allen Tate/ Lake Royale
List Price
$49,900
Sold Price
$43,500
Premium/Discount to List
-$6,400
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Sep 23, 2021
Sold by
Crabtree Robbin D and Crabtree Alishia F
Bought by
Andrews Angela

Purchase Details

Closed on
Feb 24, 2020
Sold by
Crabtree John C
Bought by
Crabtree Robbin D and Crabtree Alicia F

Purchase Details

Closed on
Sep 27, 2010
Sold by
Lashley George C and Lashley Cristal S
Bought by
Lee Linda Lou

Purchase Details

Closed on
May 24, 2007
Sold by
Lake Royale Property Owners Assn Inc
Bought by
Lashley George C and Lashley Cristal S

Purchase Details

Closed on
Jan 29, 2007
Sold by
Rayner David and Rayner Roxie A
Bought by
Lake Royale Property Owners Assn Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jaspers Troy $55,000 None Listed On Document
Frish David $43,500 Mcfarlane Law Office Pa
Andrews Angela $35,000 None Available
Crabtree Robbin D -- None Available
Lee Linda Lou $4,500 None Available
Lashley George C $2,000 None Available
Lake Royale Property Owners Assn Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $55,000 -5.2% --
06/12/2024 06/12/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $58,000 -10.6% --
03/25/2024 03/25/24 Price Changed $64,900 -7.2% --
02/21/2024 02/21/24 For Sale $69,900 +60.7% --
12/14/2023 12/14/23 Off Market $43,500 -- --
08/18/2022 08/18/22 Sold $43,500 -12.8% -- View Prior Sale
07/15/2022 07/15/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $49,900 -- --
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 $209 $12,710 $11,250 $1,460
2024 $214 $12,710 $11,250 $1,460
2023 $240 $6,250 $4,500 $1,750
2022 $130 $6,250 $4,500 $1,750
2021 $231 $6,250 $4,500 $1,750
2020 $232 $6,250 $4,500 $1,750
2019 $131 $6,250 $4,500 $1,750
2018 $131 $6,250 $4,500 $1,750
2017 $49 $5,100 $4,500 $600
2016 $51 $5,100 $4,500 $600
2015 $51 $5,100 $4,500 $600
2014 $48 $5,100 $4,500 $600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10012693

Doorify MLS

APN: 038081