$45,000
SOLD SEP 13, 2024

125 Oswego Dr Louisburg, NC 27549

0.77 Acre
$58,442 Price per Acre
33,541 Sq Ft Lot

Recently Sold

18% Below List Price

122 Days on Market

About This Lot

As of September 2024

Perked and Surveyed Lot! Ready to build dream home! Welcome to your slice of paradise in Lake Royale, a gated private community nestled in Central North Carolina. This expansive .77-acre lot offers the perfect canvas for your dream home, boasting zoning approval for a spacious 4-bedroom residence.Enjoy access to Lake Royale's crown jewel, a magnificent 345-acre lake ideal for boating, fishing, swimming, and water sports. Beyond the water, residents indulge in a wealth of amenities, including a community swimming pool, tennis court, basketball court, lakeside clubhouse, open-air Pavilion, two sandy beaches, multiple docks, boat launches, and an outdoor fitness park.For golf enthusiasts, The River Golf Course offers an 18-hole challenge amidst picturesque surroundings. Acres of wooded areas, parks, playgrounds, and an outdoor fitness park provide endless opportunities for outdoor recreation.Whether you seek a permanent residence or a vacation retreat, Lake Royale promises the perfect blend of relaxation, recreation, and community. Don't miss out on this opportunity to live life to the fullest in this exceptional private enclave. Welcome home to Lake Royale!

Last Agent to Sell the Property

Yandry Mastromihalis

eXp Realty, LLC - C License #323051 Listed on: 04/29/2024

eXp Realty, LLC - C

Last Buyer's Agent

Angelina Corroo

HomeTowne Realty License #291800

HomeTowne Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $176

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 156x224x78x268x44
  • Wooded Lot

HOA Fees

  • $90 Monthly HOA Fees

Schools

  • Bunn Elementary And Middle School
  • Bunn High School

Utilities

  • Not Connected to Water Source

Community Details

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Est. Annual Taxes

$176

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Concrete
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 156x224x78x268x44
  • General Property Information Association Phone: 252-478-4121
  • Special Listing Conditions Real Estate Owned: Yes
  • Vegetation Wooded2: Yes
  • General Property Information Monthly Association Fees2: 90.0
  • General Property Information Lot Size Square Feet2: 33541.0
  • General Property Information Lot Size Acres: 0.77
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.77

Utilities

  • Utilities: Other
  • Water Source: None

Condo/Co-op/Association

  • Association Name: Lake Royale
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale
  • General Property Information:Association YN: Yes

Schools

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

Lot Info

  • Lot Dimensions: 156x224x78x268x44
  • Lot Size Sq Ft: 33541.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 176.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Franklin - Bunn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Sep 12, 2024
Sold by
Alexander Earl P and Alexander Shelly A
Bought by
Grappler Investments Llc
Seller's Agent
Yandry Mastromihalis
eXp Realty, LLC - C
Buyer's Agent
Angelina Corroo
HomeTowne Realty
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Total Days on Market
122
Views
214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
659.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $45,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $575,000 -4.2% $174 / Sq Ft
06/03/2025 06/03/25 For Sale $600,000 +1233.3% $182 / Sq Ft
09/13/2024 09/13/24 Sold $45,000 -10.0% --
08/30/2024 08/30/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $50,000 -9.1% --
04/29/2024 04/29/24 For Sale $55,000 -- --
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 $400 $67,500 $67,500 $0
2023 $176 $20,160 $20,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10025986

Doorify MLS

APN: 049080