NOT LISTED FOR SALE

131 Cherokee Dr Cypress Creek, NC 27549

Estimated Value: $25,599 - $78,000

0.34 Acre
$152,353 Price per Acre
14,810 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $9,000

Est. 476% increase in value since last sale

Current estimated payment $294/month

294 Days on Market

About This Lot

As of August 2021

Welcome to Lake Royale! Vacation Every Day! Use one of our Turn-Key Builders or Yours. Boating, Swimming, Fishing, Tennis, Pavilion, Clubhouse, 2 Beaches, Volleyball, Putt-Putt, 18-Hole Golf Course on Golf Side. Planned Events Year Round. Pictures are Introducing You to the Community. Description of the type of lot is noted in the “Features” section.

Last Agent to Sell the Property

Bill Harrison

RE/MAX HOMETOWN License #270713 Listed on: 10/10/2020

Last Buyer's Agent

Jim Allen

Daughtry Realty License #126077

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $140

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Lot Has A Rolling Slope
  • Wooded Lot

Schools

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

Utilities

  • Shared Well
  • Septic Needed
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Lake Royale Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$140

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Unimproved
  • Subdivision Name: Lake Royale
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Restrictions Architectural Review: Yes
  • Road Frontage Type Easement: Yes
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee Frequency: Annually

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
Oct 10, 2020
Closed on
Aug 12, 2021
Sold by
Francisco Reyes
Bought by
Cisneros Margarita Lopez and Roman Rogelio Rodriguez
Seller's Agent
Bill Harrison
RE/MAX HOMETOWN
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$10,000
Sold Price
$9,000
Premium/Discount to List
-$1,000
-10%
Current Estimated Value
$51,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,800
Avg. Annual Appreciation
29.38%

Purchase Details

Listed on
Oct 10, 2020
Closed on
Aug 10, 2021
Sold by
Rozario Sugit D
Bought by
Reyes Francisco and Perez Yasmin
Seller's Agent
Bill Harrison
RE/MAX HOMETOWN
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$10,000
Sold Price
$9,000
Premium/Discount to List
-$1,000
-10%

Purchase Details

Closed on
Aug 28, 2007
Sold by
Gourley Debra L
Bought by
Rozario Sugit D and Costa Shikha M D
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 Buyer Sale Price Title Company
Cisneros Margarita Lopez $20,000 Henderson Law
Reyes Francisco $9,000 Henderson Trinity M
Rozario Sugit D $13,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $9,000 -- --
08/12/2021 08/12/21 Sold $9,000 -10.0% --
07/31/2021 07/31/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $10,000 0.0% --
03/21/2021 03/21/21 Pending -- -- --
10/10/2020 10/10/20 For Sale $10,000 -- --
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 $140 $25,000 $25,000 $0
2023 $43 $5,040 $5,040 $0
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 -- $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2347807

Doorify MLS

APN: 020824