$10,000
SOLD NOV 16, 2021

118 Chanute Cir Cypress Creek, NC 27549

0.34 Acre
$29,412 Price per Acre
14,810 Sq Ft Lot

Recently Sold

17% Below List Price

164 Days on Market

Highlights

  • Boat Ramp
  • Wooded Lot
  • Level Lot

About This Lot

As of July 2025

Quiet Street with level lot on back side of lake. Perfect for building your new lake home. Wooded area where you can enjoy the wildlife, take a golf cart ride to the beach or head to the boat launch and spend the day on the water. Vacation year round at this beautiful gated lake community. Two beaches, Outdoor gym, clubhouse, pavilion, pool, put put golf, tennis, beach volleyball, 18 hole golf course & much more. Listing Price non negotiable.

Last Agent to Sell the Property

Andie Smith

Pineridge Realty & Development License #285155 Listed on: 03/28/2021

Last Buyer's Agent

Jim Allen

Daughtry Realty License #126077

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,803

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Wooded Lot

Schools

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

Utilities

  • Septic Needed

Community Details

Overview

  • Lake Royale Subdivision

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$1,803

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Subdivision Name: Lake Royale
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Lot Water Features Public Boat Ramp 2-3 Miles: Yes
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.34
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Other

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Jul 10, 2025
Sold by
Chapman Glenn Allen
Bought by
Crowder Thomas Lou
Seller's Agent
Janie Blanco
Allen Tate/Wake Forest
Buyer's Agent
Jennifer Lange
Coldwell Banker HPW
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$328,932
Outstanding Balance
$328,932
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$7,537

Purchase Details

Listed on
Aug 5, 2022
Closed on
Jan 10, 2023
Sold by
Genesis Building Co Inc
Bought by
Chapman Gelnn Allen
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Janie Blanco
Allen Tate/Wake Forest
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$255,000
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2022
Sold by
Genesis Building Co Inc
Bought by
Stuart John and Stuart Carolyn

Purchase Details

Listed on
Mar 28, 2021
Closed on
Nov 11, 2021
Sold by
Hylton Joan and Joan Hylton Revocable Trust
Bought by
Genesis Building Co Inc
Seller's Agent
Andie Smith
Pineridge Realty & Development
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$12,000
Sold Price
$10,000
Premium/Discount to List
-$2,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.64%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Jerry Law Interiors Inc
Bought by
Haylton Joan and Hall Julie
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Warranty Deed $335,000 None Listed On Document
Warranty Deed $335,000 None Listed On Document
Warranty Deed $315,000 --
Warranty Deed $469,000 --
Warranty Deed $10,000 None Available
Warranty Deed $7,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,932 FHA
Closed $328,932 FHA
Previous Owner $255,000 VA
Previous Owner $69,767 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $335,000 -0.6% $208 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $337,000 -0.9% $209 / Sq Ft
04/25/2025 04/25/25 For Sale $340,000 +7.9% $211 / Sq Ft
12/14/2023 12/14/23 Off Market $315,000 -- --
12/14/2023 12/14/23 Off Market $10,000 -- --
01/17/2023 01/17/23 Sold $315,000 0.0% $196 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $315,000 -4.5% $196 / Sq Ft
08/05/2022 08/05/22 For Sale $330,000 +3200.0% $205 / Sq Ft
11/16/2021 11/16/21 Sold $10,000 -16.7% --
09/08/2021 09/08/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $12,000 0.0% --
04/15/2021 04/15/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $12,000 -- --
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
2024 $1,803 $302,370 $45,000 $257,370
2023 $1,652 $179,260 $13,440 $165,820
2022 $43 $5,040 $5,040 $0
2021 $44 $5,040 $5,040 $0
2020 $44 $5,040 $5,040 $0
2019 $44 $5,040 $5,040 $0
2018 $44 $5,040 $5,040 $0
2017 $43 $4,500 $4,500 $0
2016 $45 $4,500 $4,500 $0
2015 $45 $4,500 $4,500 $0
2014 $42 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Janie Blanco

    Seller's Agent in 2025

    Janie Blanco

    Allen Tate/Wake Forest

    (919) 702-6196

    51 in this area

    106 Total Sales

    Section Image

  • J

    Buyer's Agent in 2025

    Jennifer Lange

    Coldwell Banker HPW

    (919) 601-2012

    5 in this area

    74 Total Sales

    Section Image
  • Jim Allen

    Seller's Agent in 2023

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    990 in this area

    4,866 Total Sales

    Section Image

  • A

    Seller's Agent in 2021

    Andie Smith

    Pineridge Realty & Development

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2374621

Doorify MLS

APN: 022499

North Carolina Franklin County 27549

118 Chanute Cir, NC

This home is located at 118 Chanute Cir, Cypress Creek, NC 27549 and is currently priced at $10,000. 118 Chanute Cir is a home located in Franklin County with nearby schools including Edward Best Elementary School, Bunn Middle, and Bunn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes