$385,000
SOLD MAR 24, 2023

517 Shawnee Dr Cypress Creek, NC 27549

3 Beds
2.5 Baths
2,034 Sq Ft
0.48 Acres

Recently Sold

$189 Per Sq Ft

5% Below List Price

238 Days on Market

Highlights

  • Tennis Courts
  • Gated Community
  • Traditional Architecture
  • New Construction
  • Deck
  • Wood Flooring

About This Home

As of March 2023

Now Available at Lake Royale, a gated private community located in Central North Carolina. The Buxton Floor Plan features open concept, great for entertaining! 3 Bedrooms PLUS Office/Den. Open Kitchen w/large island.

Last Agent to Sell the Property

Michelle Palatine

Braelynn Realty, LLC License #283168 Listed on: 07/08/2022

Co-Listed By

Katie Leiva

Kairos Brokers LLC License #317072

Last Buyer's Agent

Garrett Hazen

Realty One Group Greener Side License #295754

Realty One Group Greener Side

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 134 x 137 x 89 x 237

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,034 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Breakfast Room
  • Home Office
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Tennis Courts
  • Deck
  • Covered patio or porch

Schools

  • Bunn Elementary And Middle School
  • Bunn High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include insurance, road maintenance, storm water maintenance
  • Lake Royale Poa
  • Built by Braelynn Homes LLC
  • Lake Royale Subdivision, Buxton Floorplan

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,192

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$86 per month

Parking

2

Listing Details

  • Builder Name: Braelynn Homes LLC
  • Builder Model: Buxton
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Road Maintenance, Storm Water Maintenance
  • Co List Office Mls Id: 1594
  • Co List Office Phone: 919-395-0735
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 2034.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 134 x 137 x 89 x 237
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-12-01
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Closet: Yes
  • Water Source Community Water: Yes
  • General Property Information Above Grade Finished Area: 2034.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 20908.8
  • General Property Information Lot Size Acres: 0.48
  • General Property Information Builder Name: Braelynn Homes LLC
  • General Property Information Builder Model: Buxton
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Microwave, Range Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Acres: 0.48
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 1035.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royale POA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royale POA
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Insurance2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1035.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 134 x 137 x 89 x 237
  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 44.0

MLS Schools

  • Elementary School: Franklin - Bunn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Mar 24, 2023
Sold by
Braelynn Homes Llc
Bought by
Ward Kenneth Charles
Seller's Agent
Michelle Palatine
Braelynn Realty, LLC
Buyer's Agent
Garrett Hazen
Realty One Group Greener Side
List Price
$405,000
Sold Price
$385,000
Premium/Discount to List
-$20,000
-4.94%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%
Original Mortgage
$393,855
Outstanding Balance
$384,099
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$1,698

Purchase Details

Listed on
Jul 8, 2022
Closed on
Feb 13, 2023
Sold by
Braelynn Development Llc
Bought by
Braelynn Homes Llc
Seller's Agent
Michelle Palatine
Braelynn Realty, LLC
Buyer's Agent
Garrett Hazen
Realty One Group Greener Side
List Price
$405,000
Sold Price
$385,000
Premium/Discount to List
-$20,000
-4.94%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,855
Outstanding Balance
$384,099
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$1,698

Purchase Details

Closed on
Feb 8, 2021
Sold by
Patrick Mattahais and Patrick Irene
Bought by
Braelynn Homes Llc
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 $385,000 --
Warranty Deed $57,500 --
Warranty Deed $7,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,855 VA
Previous Owner $30,250 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $384,990 -1.0% $189 / Sq Ft
05/10/2025 05/10/25 Price Changed $388,999 -2.5% $191 / Sq Ft
05/03/2025 05/03/25 Price Changed $398,999 -0.3% $196 / Sq Ft
04/25/2025 04/25/25 For Sale $399,999 0.0% $197 / Sq Ft
12/29/2024 12/29/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $399,999 +3.9% $197 / Sq Ft
12/15/2023 12/15/23 Off Market $385,000 -- --
03/24/2023 03/24/23 Sold $385,000 0.0% $189 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $385,000 -1.3% $189 / Sq Ft
03/02/2023 03/02/23 Price Changed $390,000 -0.6% $192 / Sq Ft
02/16/2023 02/16/23 Price Changed $392,500 +0.6% $193 / Sq Ft
01/17/2023 01/17/23 Price Changed $390,000 -1.0% $192 / Sq Ft
09/29/2022 09/29/22 Price Changed $394,000 -0.3% $194 / Sq Ft
07/15/2022 07/15/22 Price Changed $395,000 -2.5% $194 / Sq Ft
07/08/2022 07/08/22 For Sale $405,000 -- $199 / 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 $2,192 $371,850 $45,000 $326,850
2023 $1,532 $178,090 $13,440 $164,650
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 -- $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2461060

Doorify MLS

APN: 019673