$350,000
SOLD APR 24, 2025

242 Shawnee Dr Cypress Creek, NC 27549

3 Beds
2.5 Baths
1,870 Sq Ft
2023 Built

Recently Sold

$187 Per Sq Ft

5% Below List Price

372 Days on Market

Highlights

  • Community Beach Access
  • Fitness Center
  • Colonial Architecture
  • Golf Course Community
  • New Construction
  • Community Lake

About This Home

As of April 2025

BRAND NEW ready to move in custom built home in the highly sought after gated resort community of Lake Royale. Where every detail meets high-quality standards in structural design and top of the line finishes with high standards that can be seen from the attic or crawlspace. Cook in a prestigious kitchen with top of the line appliances. Enjoy the peace and quiet outdoors on your spacious screened in deck, perfect for gatherings and entertaining. Quiet wooded lot in a private, serene community, this haven is surrounded by the natural beauty of a private lake, a picturesque golf course, and more amenities then you can imagine. Lake Royale is a gated resort community that is just 25 miles from Raleigh. this is a must see!! Builder is giving 1 year American Home Shield Warranty. Get $6000.00 towards closing costs. $3000.00 Amy Bonis Go Prime Mortgage and $3000.00 from seller. Buyer can move in immediately, before closing.

Last Agent to Sell the Property

Terrie Siebert

Century 21 Folks Properties License #322308 Listed on: 03/09/2024

Century 21 Folks Properties

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,870 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • High-Efficiency Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 023082

Community Details

Overview

  • Lake Royale Property Association, Phone Number (252) 478-2114
  • Lake Royale Subdivision
  • Community Lake

Recreation

  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 1870.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Water Heater
  • Effective Year Built: 2023
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Contract Information Estimated Completion Date: 2023-10-02
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 252-478-21141
  • Architectural Style Colonial: Yes
  • Foundation Details Block3: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 94.0
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1870.0
  • Room Types Laundry2: Yes
  • General Property Information Stories2: 2
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Appliances: Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Roof: Shingle
  • Disclosures: Seller Disclosure
  • Construction Type: HardiPlank Type
  • Foundation Details: Block
  • Construction Materials:HardiPlank Type: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Lake, Playground, Pool, Tennis Court(s)
  • Association Fee: 1136.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale Property Association
  • Phone: +2 524-782-1141
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale Property Association
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Beach Access: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1136.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Shuffleboard Court: Yes

Schools

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

Lot Info

  • Parcel #: 023082

Green Features

  • Green Energy Efficient:Water Heater2: Yes

Tax Info

  • Tax Annual Amount: 1533.9
  • Tax Year: 2023
  • Tax Map Number: 971

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 23, 2025
Sold by
Karmire John G and Karmire Christine
Bought by
Saho-Chapman Marie M
Seller's Agent
Terrie Siebert
Century 21 Folks Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Views
84
Current Estimated Value
$353,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,316
Avg. Annual Appreciation
3.31%
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$38,316

Purchase Details

Listed on
Mar 27, 2021
Closed on
Jun 11, 2021
Sold by
Reid Leon and Reid Patricia Anderson
Bought by
Karmire John G and Karmire Christine
Seller's Agent
Andie Smith
Pineridge Realty & Development
Buyer's Agent
Mike Ponsolle
RE/MAX Legacy
List Price
$12,500
Sold Price
$12,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.62%

Purchase Details

Closed on
Oct 5, 2005
Sold by
M G Land & Homes Llc
Bought by
Reid Leon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $350,000 None Listed On Document
Deed $350,000 None Listed On Document
Warranty Deed $13,000 None Available
Warranty Deed $12,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Closed $315,000 New Conventional
Closed $0 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $350,000 -2.5% $187 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/16/2025 03/16/25 Price Changed $359,000 -0.3% $192 / Sq Ft
08/26/2024 08/26/24 Price Changed $359,900 -2.7% $192 / Sq Ft
03/09/2024 03/09/24 For Sale $369,900 +2859.2% $198 / Sq Ft
12/15/2023 12/15/23 Off Market $12,500 -- --
06/18/2021 06/18/21 Sold $12,500 0.0% --
03/28/2021 03/28/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $12,500 -- --
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 $2,119 $358,820 $45,000 $313,820
2023 $1,424 $165,570 $13,440 $152,130
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 $42 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10016204

Doorify MLS

APN: 023082