$49,000
SOLD JAN 30, 2025
0.2 Acre
$245,000 Price per Acre
8,612 Sq Ft Lot

Recently Sold

11% Below List Price

134 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Fishing
  • Boat Dock
  • Fitness Center
  • Gated Community

About This Lot

As of January 2025

Significant Improvements have been made to this Oversized Multi-Use Lot with Gorgeous Direct Water Views over the Arapaho Marina to Make it Ready for your Park Model Camper. The seller has added 20 tons of Rip Rap and 40 Tons of ABC Stone to create a Driveway and Pad for your Park Model Camper. A Brand-new driveway pipe was installed, along with extensive landscaping a new water tap, and is adding a New Power Pole. The Lot has been approved for a 2-bedroom Septic. Very easy access to the front gate, close to boat ramp and community docks. This lot is a rarity inside Lake Royale, and the hard work has been done for you! Just Bring your Camper!! Front Side of Lake Near Gate at the Coveted Lake Royale Resort. Lake Royale amenities include a private police force, 3.25 Mile Long Lake, 18 Hole Professionally Designed Golf Course, Tennis, Volleyball, Basketball Pool Etc. and lots of activities for young and old.

Last Agent to Sell the Property

Dan Gunther

Allen Tate/ Lake Royale License #313337

Allen Tate/ Lake Royale

Co-Listed By

Barry Wilkins

Allen Tate/ Lake Royale License #295838

Last Buyer's Agent

Dan Gunther

Allen Tate/ Lake Royale License #313337

Allen Tate/ Lake Royale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $84

Lot Details

  • 8,612 Sq Ft Lot
  • Lot Dimensions are 82x82x105
  • Property fronts a private road
  • Cleared Lot
  • Partially Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Utilities

  • Septic Tank
  • Septic System

Community Details

Overview

  • Association fees include road maintenance, security, storm water maintenance
  • First Service Residential Association, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Boating
  • Powered Boats Allowed
  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Sport Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Fishing

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$84

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Road Maintenance, Security, Storm Water Maintenance
  • Co List Office Mls Id: 1343
  • Co List Office Phone: 252-478-5608
  • Subdivision Name: Lake Royale
  • General Property Information Lot Size Dimensions: 82x82x105
  • General Property Information Association Phone: 252-478-4121
  • Water Source Community Water: Yes
  • General Property Information Monthly Association Fees2: 94.66
  • Utilities Water Connected: Yes
  • Lot Water Features Water View: Yes
  • Vegetation Cleared2: Yes
  • Utilities Electricity Connected: Yes
  • Vegetation Partially Wooded: Yes
  • Utilities Septic Available: Yes
  • Association Amenities Boating: Yes
  • View Lake2: Yes
  • General Property Information Lot Size Square Feet2: 8611.81
  • View Water3: Yes
  • General Property Information Lot Size Acres: 0.1977
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Fishing: Yes
  • Community Features:Restaurant: Yes

Exterior Features

  • Acres: 0.2
  • Lot Features:Views: Yes

Utilities

  • Utilities: Electricity Connected, Septic Available, Water Connected
  • Water Source: Community Water
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Gated, Golf, Lake, Playground, Pool, Restaurant, Tennis Court(s)
  • Association Name: First Service Residential
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: First Service Residential
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Recreation Facilities: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Picnic Area: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Exercise Course: Yes
  • Association Amenities:Powered Boats Allowed: Yes
  • General Property Information:Association YN: Yes
  • Association Amenities:Sport Court: Yes
  • Association Amenities:Boat Slip: Yes

Schools

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

Lot Info

  • Current Use: Unimproved
  • Lot Dimensions: 82x82x105
  • Lot Size Sq Ft: 8611.81
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 53.0
  • Tax Year: 2023
  • Tax Map Number: 338

MLS Schools

  • Elementary School: Franklin - Ed Best

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $49,000 -10.9% --
12/11/2024 12/11/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $55,000 +11.3% --
09/10/2024 09/10/24 Price Changed $49,400 -1.0% --
08/06/2024 08/06/24 Price Changed $49,900 -9.3% --
07/30/2024 07/30/24 For Sale $55,000 +279.3% --
01/17/2024 01/17/24 Sold $14,500 -59.7% --
12/16/2023 12/16/23 Off Market $36,000 -- --
12/05/2023 12/05/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $36,000 -- --
Source: Doorify MLS

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 $84 $15,000 $15,000 $0
2023 $52 $6,000 $6,000 $0
2022 $56 $6,000 $6,000 $0
2021 $57 $6,000 $6,000 $0
2020 $57 $6,000 $6,000 $0
2019 $57 $6,000 $6,000 $0
2018 $56 $6,000 $6,000 $0
2017 $65 $6,000 $6,000 $0
2016 $68 $6,000 $6,000 $0
2015 $68 $6,000 $6,000 $0
2014 $65 $6,000 $6,000 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $49,000 None Listed On Document
Warranty Deed $49,000 None Listed On Document
Warranty Deed $14,500 None Listed On Document
Trustee Deed $11,000 None Available
Deed $5,000 --
Source: Public Records

About the Listing Agent

Dan Gunther

Allen Tate/ Lake Royale

(919) 497-2201

Section Image

-2024 Real Trends Top 1.5% of Realtors Nationwide
-2024 Triangle Real Producers Top 100
-2023 Allen Tate Real Estate Presidents Circle

As one of the founders and the team leader of the Stellar Realty Group of Allen Tate, I love meeting new people and making new friends. I cherish my clients, and I promise to handle their real estate endeavors with the same care, expertise & proficiency that I would use on my own real estate purchase or sale. So many of my clients and I have become

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Source: Doorify MLS

MLS Number: 10044148

Doorify MLS

APN: 023449