$37,500
SOLD JAN 30, 2020

775 Sagamore Dr Louisburg, NC 27549

0.69 Acre
$54,348 Price per Acre
30,056 Sq Ft Lot

Recently Sold

32% Below List Price

165 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Property Near A Cove
  • Community Pool
  • Boat Dock
  • No HOA
  • Maintained Community

About This Lot

As of July 2025

***What a beautiful view*** Vacant lot in the gated community of Lake Royale. .69 acres which could be a perfect lot to build the home of your dreams on. Schedule your showing today!!

Last Agent to Sell the Property

Walters Team

HOMETOWNE REALTY CLAYTON EAST License #243837 Listed on: 06/14/2019

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $389

Lot Details

  • 0.69 Acre Lot
  • 250 Feet of Waterfront
  • Property is zoned R1

Property Views

  • Water Views

Schools

  • Edward Best Elementary School
  • Bunn Middle School
  • Bunn High School

Listing and Financial Details

  • Assessor Parcel Number 2830-82-7291

Community Details

Overview

  • No Home Owners Association
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Pool
  • Property Near A Cove

Property Details

Property Type

Land

Est. Annual Taxes

$389

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 270
  • Water Frontage: 250.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Dock, Maint - Comm Areas, Pool

Schools

  • School District: Franklin

Lot Info

  • Deed Page: 890.00
  • Lot Sq Ft: 30000.00
  • Lot Water Features: Cove
  • Plat Book: 12
  • Plat Page: 74
  • Zoning: R1
  • Acres: 0.69
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 69565.22
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks

Tax Info

  • Tax Identifier: 2830-82-7291
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 389.22

MLS Schools

  • Elementary School: Edward Best
  • High School: Bunn
  • Middle School: Bunn
  • School District: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jul 23, 2025
Sold by
Taylor Gregory Lee and Down-Taylor Cynthia
Bought by
Gamble Ryan E and Gamble Shannon E
Seller's Agent
Dan Gunther
Allen Tate/ Lake Royale
Buyer's Agent
Dan Gunther
Allen Tate/ Lake Royale
List Price
$679,900
Sold Price
$679,900
Views
450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.67%
Original Mortgage
$645,905
Outstanding Balance
$645,905
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$28,436

Purchase Details

Closed on
Jan 6, 2021
Sold by
Barry Wilkins Realty Group Inc
Bought by
Down Taylor Cynthia and Taylor Gregory Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
2.71%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 14, 2019
Closed on
Feb 11, 2020
Sold by
Schulz Edward Michael and Schulz Paula Ward
Bought by
Barry Wilkins Realty Group Inc and Concept Contracting & Design Llc
Seller's Agent
Walters Team
HOMETOWNE REALTY CLAYTON EAST
Buyer's Agent
A Non Member
A Non Member
List Price
$55,400
Sold Price
$37,500
Premium/Discount to List
-$17,900
-32.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.10%

Purchase Details

Closed on
Sep 1, 2011
Sold by
Schulz Edward Michael and Schulz Paula Ward
Bought by
Schulz Edward Michael and Schulz Paula Ward

Purchase Details

Closed on
Jan 28, 2005
Sold by
Johnson Paula W
Bought by
Schulz Edward Michael
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 Type Sale Price Title Company
Warranty Deed $680,000 None Listed On Document
Warranty Deed $95,000 None Available
Warranty Deed $37,500 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $645,905 New Conventional
Previous Owner $308,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $679,900 0.0% $373 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $679,900 +1713.1% $373 / Sq Ft
01/30/2020 01/30/20 Sold $37,500 -32.3% --
11/26/2019 11/26/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $55,400 -- --
Source: Hive 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 $2,929 $503,330 $127,340 $375,990
2023 $2,796 $312,290 $63,730 $248,560
2022 $1,758 $204,370 $63,730 $140,640
2021 $388 $44,610 $44,610 $0
2020 $391 $44,610 $44,610 $0
2019 $387 $44,610 $44,610 $0
2018 $387 $44,610 $44,610 $0
2017 $415 $43,310 $43,310 $0
2016 $430 $43,310 $43,310 $0
2015 $430 $43,310 $43,310 $0
2014 -- $43,310 $43,310 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dan Gunther

    Allen Tate/ Lake Royale

  • C

    Buyer Co-Listing Agent in 2025

    Chris Lawrence

    Allen Tate/ Lake Royale

  • W

    Seller's Agent in 2020

    Walters Team

    HOMETOWNE REALTY CLAYTON EAST

  • A

    Buyer's Agent in 2020

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100170820

Hive MLS

APN: 023613

North Carolina Franklin County Louisburg 27549

775 Sagamore Dr, Louisburg, NC

This home is located at 775 Sagamore Dr, Louisburg, NC 27549 and is currently priced at $37,500. 775 Sagamore Dr is a home located in Franklin County with nearby schools including Edward Best Elementary School, Bunn Middle, and Bunn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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