NOT LISTED FOR SALE

2678 Sledge Rd Louisburg, NC 27549

Estimated Value: $319,623 - $324,000

0.47 Acre
$684,706 Price per Acre
20,473 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $34,000

Est. 847% increase in value since last sale

Current estimated payment $1,765/month

1 Day on Market

Highlights

  • On Golf Course
  • Brush Vegetation
  • Level Lot
  • Heavily Wooded Lot

About This Lot

As of September 2023

Nice buildable lot on The River Golf Course. Take advantage of being able to have property on a golf course before that are all gone. This flat lot is near the 5th green and the 6th T-box. The New owners will have access to all the amenities of Lake Royale: including Boating, swimming, two beaches, tennis courts, mini golf, shuffle board, two boat launches, horse shoes pits, club house, and pavilion.

Last Agent to Sell the Property

Paul Waldner

Pineridge Realty & Development License #268524 Listed on: 08/07/2023

Last Buyer's Agent

Paul Waldner

Pineridge Realty & Development License #268524 Listed on: 08/07/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $176

Lot Details

  • 0.47 Acre Lot
  • Property fronts a state road
  • On Golf Course
  • Brush Vegetation
  • Level Lot
  • Heavily Wooded Lot

Schools

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

Utilities

  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$176

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Subdivision Name: Lake Royale Golf Course
  • Utilities Cable Available: Yes
  • Sewer Septic Needed: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Heavily Wooded: Yes
  • Vegetation Brush: Yes
  • Road Frontage Type State Road: Yes
  • General Property Information Lot Size Acres: 0.47
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.47
  • Lot Features:Wooded: Yes
  • Lot Features:On Golf Course: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Franklin - Ed Best

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2024
Sold by
Greyland Builders Llc
Bought by
Barry Joseph and Barry Tamara
Current Estimated Value
$321,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$180,104
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$141,988

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 28, 2023
Sold by
Gayle Luther and Gayle Edna
Bought by
Greyland Builders Llc
Seller's Agent
Paul Waldner
Pineridge Realty & Development
Buyer's Agent
Paul Waldner
Pineridge Realty & Development
List Price
$39,900,000
Sold Price
$34,000
Premium/Discount to List
-$39,866,000
-99.91%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
220.60%
Original Mortgage
$268,000
Interest Rate
7.63%
Mortgage Type
Construction
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
Barry Joseph $315,000 None Listed On Document
Greyland Builders Llc $34,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Joseph $182,000
Previous Owner Greyland Builders Llc $268,000
Previous Owner Greyland Builders Llc $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $34,000 -14.8% --
08/08/2023 08/08/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $39,900 -99.9% --
08/07/2023 08/07/23 For Sale $39,900,000 -- --
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 $176 $31,500 $31,500 $0
2023 $129 $15,000 $15,000 $0
2022 $129 $15,000 $15,000 $0
2021 $131 $15,000 $15,000 $0
2020 $130 $15,000 $15,000 $0
2019 $130 $15,000 $15,000 $0
2018 $130 $15,000 $15,000 $0
2017 $144 $15,000 $15,000 $0
2016 $149 $15,000 $15,000 $0
2015 $149 $15,000 $15,000 $0
2014 $141 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2525719

Doorify MLS

APN: 025573