Seller's Agent in 2026
Dan Gunther
Allen Tate/ Lake Royale
(919) 497-2201
225 in this area
317 Total Sales
157 Winnebago Loop Louisburg, NC 27549
0.42
Acre
$202,381
Price per Acre
18,295
Sq Ft Lot
Highlights
- Water Access
- Fishing
- Community Lake
- Fitness Center
- Gated Community
- Clubhouse
About This Lot
As of March 2026Welcome to the Lake Life! This great triple multi use lot is waiting for you to come enjoy a weekend getaway in the existing 1 bedroom, 1 bath park model style camper located on a quiet street on the north end of the lake. Water, electric and septic in place. Nice tongue and groove wood throughout interior. Separate shed with roll up door also on property conveys.
This property offers lots of room with over .40 acres. The center has been mostly cleared and has a wooded lot on each side. There is enough room on the lot to build a cottage up to 1199 square feet. Please see Lake Royale rules and regulations regarding cottages. Lake Royale is a private, gated community located 30 minutes outside of Raleigh. There is a 345-acre recreational, spring fed lake for all your boating and fishing needs. They also offer beaches for swimming, basketball court, tennis court, pickle ball court, pool, outside fitness area, and more! 2 memberships to the golf course located at The River are included with the neighborhood dues. Don't wait, come see it today and start vacationing!
Last Agent to Sell the Property
Allen Tate/ Lake Royale License #313337 Listed on: 12/15/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $603
Lot Details
- 18,295 Sq Ft Lot
- Lot Dimensions are 179 x 99
- Partially Wooded Lot
- Property is zoned FCO R-30
HOA Fees
- $99 Monthly HOA Fees
Schools
- Ed Best Elementary School
- Bunn Middle School
- Bunn High School
Utilities
- Septic Tank
- Septic System
Listing and Financial Details
- Assessor Parcel Number 019255
Community Details
Overview
- Association fees include insurance, ground maintenance, maintenance structure, security, snow removal, road maintenance, storm water maintenance
- First Services Residential Association, Phone Number (252) 478-4121
- Lake Royale Subdivision
- Community Lake
Amenities
- Restaurant
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Fishing
- Water Access
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2025
Closed on
Mar 20, 2026
Sold by
Fayette Brad
Bought by
Albahary Mark
Seller's Agent
Dan Gunther
Allen Tate/ Lake Royale
Buyer's Agent
Dan Gunther
Allen Tate/ Lake Royale
List Price
$109,000
Sold Price
$85,000
Premium/Discount to List
-$24,000
-22.02%
Views
69
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1674.41%
Original Mortgage
$90,000
Outstanding Balance
$90,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
$16,990
Purchase Details
Closed on
Jul 3, 2024
Sold by
Fayette Brad K
Bought by
Fayette Brad K
Purchase Details
Closed on
Mar 31, 2005
Sold by
Windham Run Investments Llc
Bought by
Fayette Brad K
Purchase Details
Closed on
Mar 24, 2005
Sold by
Smith James R and Smith Harriett C
Bought by
Windham Run Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $4,500 | None Available | |
| Warranty Deed | $500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2026 03/20/26 | Sold | $85,000 | -22.0% | -- |
| 12/22/2025 12/22/25 | Pending | -- | -- | -- |
| 12/15/2025 12/15/25 | For Sale | $109,000 | -- | -- |
Source: Doorify MLS
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 |
|---|---|---|---|---|
| 2025 | $603 | $31,120 | $30,000 | $1,120 |
| 2024 | $476 | $15,000 | $15,000 | $0 |
| 2023 | $52 | $6,000 | $6,000 | $0 |
| 2022 | $52 | $6,000 | $6,000 | $0 |
| 2021 | $52 | $6,000 | $6,000 | $0 |
| 2019 | $52 | $6,000 | $6,000 | $0 |
| 2018 | $52 | $6,000 | $6,000 | $0 |
| 2017 | $57 | $6,000 | $6,000 | $0 |
| 2016 | $60 | $6,000 | $6,000 | $0 |
| 2015 | $60 | $6,000 | $6,000 | $0 |
| 2014 | $56 | $6,000 | $6,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Gunther
-
Christopher Mink
C
Seller Co-Listing Agent in 2026
Christopher Mink
Allen Tate/ Lake Royale
(919) 971-4636
60 in this area
70 Total Sales
-
Chris Lawrence
C
Buyer Co-Listing Agent in 2026
Chris Lawrence
Allen Tate/ Lake Royale
(919) 624-8989
13 in this area
22 Total Sales
Map
Source: Doorify MLS
MLS Number: 10137325
APN: 019255
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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