$315,000

121 Running Bear Dr Louisburg, NC 27549

Estimated payment $1,938/month

Total Views 151
3 Beds
2 Baths
1,486 Sq Ft
$212 Price per Sq Ft

Highlights

  • A-Frame Home
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Wood Flooring
  • 1-Story Property
  • Water Purifier is Owned

About This Home

Welcome to Lake Royale, a private, gated lakefront community where every day feels like a retreat! This beautiful home offers the perfect blend of comfort, lifestyle, and luxury, featuring a spacious, light-filled layout designed for both relaxation and entertaining. The open floor plan highlights a modern kitchen at the heart of the home, flowing seamlessly into the living and dining areas. The owner's suite provides a private retreat with ensuite bath.
Step outside to enjoy a peaceful setting—perfect for morning coffee, grilling out, or simply soaking in the fresh lake air.
Living in Lake Royale means more than just owning a home—you'll enjoy private police protection and access to top-notch amenities, including:
18-hole golf course
Pickleball and tennis courts
Sandy beach access
Community pool
Boating, fishing, and parks
Whether you're looking for a full-time residence, weekend getaway, or investment property, this home is ready to welcome you.
Schedule your private showing today and discover the Lake Royale lifestyle!

Listing Agent

Judy Ramsey

eXp Realty, LLC - C License #293642 Listed on: 08/20/2025

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 2011

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • A-Frame Home
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,486 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Basement
  • Crawl Space

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
  • Water Purifier is Owned

Community Details

  • Association fees include ground maintenance
  • Lake Royale Property Owners Association, Phone Number (954) 926-2921
  • Lake Royale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2831-41-3677

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,471

Year Built

Built in 2011

Lot Details

0

HOA Fees

$99 per month

Parking

1

Listing Details

  • Year Built: 2011
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1486.0
  • Architectural Style: A-Frame
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Wood: Yes
  • General Property Information Association Phone: 954-926-2921
  • General Property Information Senior Community YN: No
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Architectural Style A-Frame: Yes
  • General Property Information Above Grade Finished Area: 1486.0
  • General Property Information Lot Size Square Feet2: 14810.4
  • Roof:Metal2: Yes
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Water Purifier Owned
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 1
  • Basement:Crawl Space: Yes
  • Appliances:Water Purifier Owned: Yes

Exterior Features

  • Roof: Metal
  • Acres: 0.34
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1192.8
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale Property Owners Association
  • Phone: 954-926-2921
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale Property Owners Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1192.8
  • 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: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 2831-41-3677

Tax Info

  • Tax Annual Amount: 1471.16
  • Tax Year: 2025

MLS Schools

  • Elementary School: Franklin - Ed Best

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 $1,454 $240,000 $45,000 $195,000
2023 $1,498 $161,340 $13,440 $147,900
2022 $1,488 $161,340 $13,440 $147,900
2021 $1,504 $161,340 $13,440 $147,900
2020 $1,513 $161,340 $13,440 $147,900
2019 $1,488 $161,340 $13,440 $147,900
2018 $1,486 $161,340 $13,440 $147,900
2017 $1,089 $105,400 $12,000 $93,400
2016 $1,126 $105,400 $12,000 $93,400
2015 $1,126 $105,400 $12,000 $93,400
2014 $1,024 $103,120 $12,000 $91,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $315,000 +10.5% $212 / Sq Ft
12/15/2023 12/15/23 Off Market $285,000 -- --
08/08/2022 08/08/22 Sold $285,000 0.0% $191 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $284,900 -3.4% $191 / Sq Ft
06/22/2022 06/22/22 For Sale $294,900 -- $198 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Capital City Law
Warranty Deed $150,000 Attorney
Warranty Deed $75,000 None Available
Foreclosure Deed $3,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,450 New Conventional
Previous Owner $145,403 New Conventional
Previous Owner $60,000 New Conventional
Source: Public Records

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Source: Doorify MLS

MLS Number: 10116946

Doorify MLS

APN: 022399