$288,000
SOLD JUN 11, 2025

116 Shawnee Dr Louisburg, NC 27549

3 Beds
2 Baths
1,552 Sq Ft
1.05 Acres

Recently Sold

$186 Per Sq Ft

5% Above List Price

3 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Tennis Courts
  • Boat Dock
  • Transitional Architecture
  • Exercise Course

About This Home

As of June 2025

Priced to sell! Ranch home with 3 bedrooms, 2 baths, large laundry room on 1.05 acres! Sellers moving out of state for job relocation. Quick closing is preferred. Home being sold ''as is''. Built 2018. Storage building. Located in Lake Royale that has so many amenities like 345 acre lake, pool, tennis, basketball, pickleball, playgrounds, clubhouse, putt-putt, volley ball, pavilion, walking trail, boat launches and more!

Last Agent to Sell the Property

Jackie Gautreau

Prime One Realty License #194410 Listed on: 04/30/2025

Last Buyer's Agent

Dan Gunther

Allen Tate/ Lake Royale License #313337

Allen Tate/ Lake Royale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 2018

Lot Details

  • 1.05 Acre Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 021374

Community Details

Overview

  • Association fees include security, storm water maintenance
  • First Service Residential Association, Phone Number (919) 676-5310
  • Lake Royale Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Coin Laundry

Recreation

  • Boat Dock
  • Boating
  • Powered Boats Allowed
  • Community Beach Access
  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Exercise Course

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,682

Year Built

Built in 2018

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential
  • Reso Association Fee Includes: Security, Storm Water Maintenance
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1552.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • General Property Information Association Phone: 919-676-5310
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1552.0
  • Room Types Laundry2: Yes
  • Association Amenities Boating: Yes
  • General Property Information Lot Size Square Feet2: 45738.0
  • General Property Information Lot Size Acres: 1.05
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Built-In Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.05
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 1139.0
  • Association Fee Frequency: Annually
  • Association Name: First Service Residential
  • Phone: 919-676-5310
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: First Service Residential
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Recreation Facilities: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Picnic Area: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Exercise Course: Yes
  • Association Amenities:Powered Boats Allowed: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1139.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Coin Laundry: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 45738.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 021374

Tax Info

  • Tax Annual Amount: 1681.8
  • Tax Year: 2024

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 4, 2025
Sold by
Rusho Donald C and Rusho Melissa L
Bought by
Osborn Frederick and Osborn Judith
Seller's Agent
Jackie Gautreau
Prime One Realty
Buyer's Agent
Dan Gunther
Allen Tate/ Lake Royale
List Price
$275,000
Sold Price
$288,000
Premium/Discount to List
$13,000
4.73%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.24%
Original Mortgage
$294,192
Outstanding Balance
$294,192
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
-$7,626

Purchase Details

Closed on
Jun 6, 2017
Sold by
Lake Royale Property Owners Association
Bought by
Rusho Melissa L and Rusho Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,695
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 19, 2015
Sold by
Lake Royale Property Owners Association
Bought by
Lake Royale Property Owners Association
Source: Public Records

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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
Warranty Deed $288,000 None Listed On Document
Warranty Deed $288,000 None Listed On Document
Warranty Deed $8,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,192 New Conventional
Closed $294,192 New Conventional
Previous Owner $256,400 VA
Previous Owner $161,341 VA
Previous Owner $163,651 VA
Previous Owner $162,335 VA
Previous Owner $154,695 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $288,000 +4.7% $186 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $275,000 -- $177 / 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 $1,690 $282,090 $90,000 $192,090
2023 $1,561 $168,680 $26,880 $141,800
2022 $1,551 $168,680 $26,880 $141,800
2021 $1,568 $168,680 $26,880 $141,800
2020 $1,577 $168,680 $26,880 $141,800
2019 $1,552 $168,680 $26,880 $141,800
2018 $765 $88,070 $10,080 $77,990
2017 $86 $9,000 $9,000 $0
2016 $89 $9,000 $9,000 $0
2015 $45 $4,500 $4,500 $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: 10092655

Doorify MLS

APN: 021374