NOT LISTED FOR SALE

122 Nakoma Dr Cypress Creek, NC 27549

Estimated Value: $334,000 - $353,000

3 Beds
2 Baths
1,649 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $348,400 $211 Per Sq Ft

Current estimated payment $2,145/month

36 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Fishing
  • Boating
  • Gated with Attendant
  • Community Lake

About This Home

As of August 2024

This Magnolia 3 Bedroom 2 Bathroom home shows as if it were brand new! An open floor plan yet the Primary Bedroom is separated from the other bedrooms. Highly sought after features include LVP flooring throughout, level 3 granite counters, stainless appliances, including a refrigerator! There's even a fireplace with a shiplap wall feature! Enjoy entertaining in your awesome screened in porch overlooking your private back yard! Lake Royale is a gated lake community with amenities like boating, fishing, pickleball, tennis, beaches, and access to The River professional 18-hole golf course!

Last Agent to Sell the Property

Dan Gunther

Allen Tate/ Lake Royale License #313337 Listed on: 05/27/2024

Allen Tate/ Lake Royale

Last Buyer's Agent

Kim Blair

EXP Realty LLC License #346941

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 2022

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Few Trees
  • Garden
  • Front Yard

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Free-Standing Electric Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 024474

Community Details

Overview

  • Association fees include road maintenance, security, storm water maintenance
  • First Service Residential Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boating
  • Community Beach Access
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Playground
  • Community Pool
  • Fishing

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,710

Year Built

Built in 2022

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Road Maintenance, Security, Storm Water Maintenance
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1649.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 252-478-4121
  • Foundation Details Block3: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • General Property Information Monthly Association Fees2: 46.77
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1649.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Utilities Septic Connected: Yes
  • Association Amenities Boating: Yes
  • General Property Information Lot Size Square Feet2: 15002.06
  • General Property Information Lot Size Acres: 0.3444
  • Security Features Gated with Guard: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Granite Counters, Pantry, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Ice Maker, Microwave, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Security Features:Gated Community: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Ice Maker: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Fishing: Yes
  • Appliances:Free-Standing Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.34
  • Disclosures: Seller Disclosure
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 5.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0
  • Other Structures:Garage(s): Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 5.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Electricity Connected, Septic Connected, Water Connected
  • Heating: Fireplace(s), Heat Pump
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Playground, Pool, Tennis Court(s)
  • Association Fee: 1136.0
  • Association Fee Frequency: Annually
  • Association Name: First Service Residential
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: First Service Residential
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Security: 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
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1136.0
  • Association Amenities:Marina: Yes
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Shuffleboard Court: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 15002.06
  • ResoLotSizeUnits: Acres
  • Parcel #: 024474

Tax Info

  • Tax Annual Amount: 1710.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Jul 31, 2024
Sold by
Wilshare Properties Llc
Bought by
Denault John and Denault Sara
Seller's Agent
Dan Gunther
Allen Tate/ Lake Royale
Buyer's Agent
Kim Blair
EXP Realty LLC
List Price
$349,900
Sold Price
$348,400
Premium/Discount to List
-$1,500
-0.43%
Views
123
Current Estimated Value
$347,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$535
Avg. Annual Appreciation
-0.14%
Original Mortgage
$12,194
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2022
Sold by
Wilson Properties Of Raleigh Llc
Bought by
Wilshare Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2021
Closed on
Mar 1, 2022
Sold by
Rion Inc
Bought by
Wilson Properties Of Raleigh Llc
Seller's Agent
Hilda Parler
PARLER PROPERTIES LLC
Buyer's Agent
Barry Wilkins
Allen Tate/ Lake Royale
List Price
$16,500
Sold Price
$15,500
Premium/Discount to List
-$1,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.62%

Purchase Details

Closed on
Jul 13, 2005
Sold by
Mcarthur Grace C
Bought by
Rion Inc
Source: Public Records

Range of Values:

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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
Denault John $348,500 None Listed On Document
Wilshare Properties Llc $310,000 --
Wilson Properties Of Raleigh Llc $15,500 Mcfarlane Steven H
Rion Inc $6,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denault John $74,078
Closed Denault John $12,194
Open Denault John $342,089
Previous Owner Neal Mekia $15,000
Previous Owner Wilshare Properties Llc $232,500
Previous Owner Wilson Properties Of Raleigh L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $348,400 +1.0% $211 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $344,900 -1.4% $209 / Sq Ft
05/27/2024 05/27/24 For Sale $349,900 +2157.4% $212 / Sq Ft
12/14/2023 12/14/23 Off Market $15,500 -- --
03/04/2022 03/04/22 Sold $15,500 -6.1% --
02/04/2022 02/04/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $16,500 -- --
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
2024 $2,032 $324,330 $45,000 $279,330
2023 $1,710 $183,410 $13,440 $169,970
2022 $44 $5,040 $5,040 $0
2021 $44 $5,040 $5,040 $0
2020 $45 $5,040 $5,040 $0
2019 $45 $5,040 $5,040 $0
2018 $45 $5,040 $5,040 $0
2017 $44 $4,500 $4,500 $0
2016 $45 $4,500 $4,500 $0
2015 $45 $4,500 $4,500 $0
2014 $43 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10031764

Doorify MLS

APN: 024474