$238,000
SOLD APR 21, 2025

228 Sagamore Dr Louisburg, NC 27549

2 Beds
2 Baths
865 Sq Ft
0.63 Acres

Recently Sold

$275 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Transitional Architecture
  • Central Air
  • Family Room
  • 1 Fireplace
  • Dining Room
  • Carpet

About This Home

As of April 2025

Welcome to your cozy retreat at Lake Royale!

This charming 2 bed, 2 full bath home is tucked away on over half an acre of private, wooded bliss — right across the street from the lake! Step inside and fall in love with the cathedral wood ceilings, beautiful stone fireplace, and open floor plan that's perfect for hosting or simply kicking back after a day on the water. The granite countertops add a modern touch to the kitchen, making this the perfect blend of rustic charm and contemporary flair.

But the fun doesn't stop at your doorstep! Lake Royale is a gated community spanning 3,000 acres, built around a stunning 345-acre lake — offering everything from boating, fishing, and swimming to community events, sports, and more. This is the ultimate lake life getaway — just in time for summer fun!

Don't miss your chance to live the lake life you've been dreaming of!

Last Agent to Sell the Property

Christina Cataldo

Compass -- Cary License #295371 Listed on: 03/07/2025

Compass -- Cary

Co-Listed By

John Davison

Compass -- Cary License #271540

Last Buyer's Agent

Holly Hicks

Premier Advantage Realty Inc License #295006

Premier Advantage Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 2005

Lot Details

  • 0.63 Acre Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Transitional Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 865 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Basement
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include security
  • Lake Royale Property Owners Assoc. Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 022801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 2005

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential
  • Horses: No
  • Reso Association Fee Includes: Security
  • Co List Office Mls Id: 1319
  • Co List Office Phone: 919-882-3200
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 865.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Association Phone: 252-478-4121
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 95.0
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 865.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 27443.0
  • General Property Information Lot Size Acres: 0.63
  • General Property Information Stories2: 1
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Crawl Space
  • Private Spa: No
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.63
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Open Parking: Yes
  • General Property Information:Open Parking YN2: Yes

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association Fee: 1136.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale Property Owners Assoc.
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale Property Owners Assoc.
  • 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

  • Lot Size Sq Ft: 27443.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 022801

Tax Info

  • Tax Annual Amount: 1143.32
  • Tax Year: 2024
  • Tax Map Number: 533 534

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 17, 2025
Sold by
Frazier Forrest S and Frazier Klaressa
Bought by
Dykhouse Catherine Joy
Seller's Agent
Christina Cataldo
Compass -- Cary
Buyer's Agent
Holly Hicks
Premier Advantage Realty Inc
List Price
$250,000
Sold Price
$238,000
Premium/Discount to List
-$12,000
-4.8%
Views
25
Current Estimated Value
$237,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$369
Avg. Annual Appreciation
0.26%
Original Mortgage
$238,000
Outstanding Balance
$238,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$245

Purchase Details

Closed on
May 23, 2019
Sold by
Rohrer Jerry L and Rohrer Karen A
Bought by
Frazier Forrest S and Deinhammer Klaressa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2017
Sold by
Rohrer Jerry L and Rohrer Karen A
Bought by
Rohrer Jerry L and Rohrer Karen A

Purchase Details

Closed on
Sep 28, 2016
Sold by
Rohrer Karen Avalea
Bought by
Iron Horse Revocable Living Trust

Purchase Details

Closed on
Nov 14, 2008
Sold by
Margenau Henry F and Margenau Cynthia
Bought by
Brewer Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2006
Sold by
Bearharp Properties Inc
Bought by
Margenau Henry F and Margenau Cynthia
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 $238,000 None Listed On Document
Warranty Deed $140,000 None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $120,000 None Available
Warranty Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,000 New Conventional
Previous Owner $140,000 Adjustable Rate Mortgage/ARM
Previous Owner $81,716 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $238,000 -4.8% $275 / Sq Ft
03/15/2025 03/15/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $250,000 -- $289 / Sq Ft
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 $1,143 $184,520 $58,000 $126,520
2023 $1,075 $112,230 $25,000 $87,230
2022 $1,065 $112,230 $25,000 $87,230
2021 $1,076 $112,230 $25,000 $87,230
2020 $1,083 $112,230 $25,000 $87,230
2019 $1,063 $112,230 $25,000 $87,230
2018 $1,059 $112,230 $25,000 $87,230
2017 $1,046 $100,900 $21,880 $79,020
2016 $1,081 $100,900 $21,880 $79,020
2015 $1,081 $100,900 $21,880 $79,020
2014 $1,003 $100,900 $21,880 $79,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10080869

Doorify MLS

APN: 022801