$25,000
SOLD DEC 10, 2024

154 Buckaroo Dr Louisburg, NC 27549

0.38 Acre
$65,789 Price per Acre
16,553 Sq Ft Lot

Recently Sold

38% Below List Price

89 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Wooded Lot

About This Lot

As of December 2024

Looking to build your dream home? Come take a look at this wonderful lot in the gated community of Lake Royale. Monthly newspaper will keep you up to date on everything going on for the current month. Lots of things to do such as Beaches, Boat Ramps, Basketball court, Tennis court, Volleyball court, Putt Putt Golf, Bingo, Game night, Steak Night. Come and consult with our builder or bring you own!!

Last Agent to Sell the Property

Rhonda Folks

Century 21 Folks Properties License #283444 Listed on: 08/10/2024

Century 21 Folks Properties

Last Buyer's Agent

Rhonda Folks

Pineridge Realty & Development

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $153

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 201x72x200x87
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned R30

HOA Fees

  • $95 Monthly HOA Fees

Schools

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

Utilities

  • Perc Test Required For Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 021659

Community Details

Overview

  • Association fees include road maintenance, security
  • Lake Royale Poa, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$153

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Concrete
  • Reso Association Fee Includes: Road Maintenance, Security
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 201x72x200x87
  • General Property Information Association Fee Required YN: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 252-478-4121
  • General Property Information Senior Community YN: No
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Monthly Association Fees2: 100.0
  • Development Status Raw Land: Yes
  • Sewer Perc Test Required: Yes
  • General Property Information Lot Size Square Feet2: 16552.8
  • General Property Information Lot Size Acres: 0.38
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Restaurant: Yes

Exterior Features

  • Fencing: None
  • Acres: 0.38
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Lake, Playground, Pool, Restaurant, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1136.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale POA
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale POA
  • Horse Amenities:None11: Yes
  • Association Fee Includes:Security2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1136.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Zoning: R30
  • Current Use: Unimproved, Vacant
  • Development Status: Raw Land
  • Horse Amenities: None
  • Lot Dimensions: 201x72x200x87
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • Wooded Area: 0.38
  • Parcel #: 021659
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 153.34
  • Tax Year: 2023
  • Tax Map Number: 2840-26-0333

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Nov 24, 2024
Sold by
Fuentes Arlain and Fuentes Yolanda
Bought by
Rhapsody Property Group Llc
Seller's Agent
Rhonda Folks
Century 21 Folks Properties
Buyer's Agent
Rhonda Folks
Century 21 Folks Properties
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3239.21%
Original Mortgage
$240,000
Outstanding Balance
$238,554
Interest Rate
6.84%
Mortgage Type
Construction
Estimated Equity
$121,120

Purchase Details

Closed on
Aug 22, 2005
Sold by
Windham Run Investments Llc
Bought by
Fuentes Julio and Fuentes Arlain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,729
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2005
Sold by
Mainor Leonard C and Mainor Bettie B
Bought by
Windham Run Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,729
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $25,000 None Listed On Document
Warranty Deed $25,000 None Listed On Document
Warranty Deed $7,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Construction
Previous Owner $6,729 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $359,000 +1336.0% $218 / Sq Ft
12/10/2024 12/10/24 Sold $25,000 -32.4% --
11/07/2024 11/07/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $37,000 -7.5% --
08/10/2024 08/10/24 For Sale $40,000 -- --
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 $42 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10046217

Doorify MLS

APN: 021659