$140,000
SOLD APR 21, 2025
1 Bed
1 Bath
705 Sq Ft
0.28 Acres

Recently Sold

$199 Per Sq Ft

7% Below List Price

51 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Fishing
  • Community Lake
  • Main Floor Primary Bedroom

About This Home

As of April 2025

Lake Royal living at its best. Adorable cottage/ Camper build over on a DOUBLE MULTIUSE LOT! Tankless water heater, all Stainless-steel appliances convey, new flooring throughout, recent painting, shed near cottage also convey. Upstairs loft area finished heated/cooled. New fixed staircase just installed. This is big living for a small price. Amenities, Pool, Lake access, Beaches, Volleyball court, putt-putt golf, Gated, Community, Club house, Basketball courts, Outdoor running track, Outdoor gym, Playground, Pavilions, Community Police department, Discounted golf memberships for sister community. Family room window broke on outside not on inside ''as is''. 189 finished square footage upstairs cannot be included in appraisal as not more than 50%. Seller is giving $2500.00 incentive if buyers uses prefered lender, Fidelity Bank. Call Erica Pattman @ 919-263-7191

Last Agent to Sell the Property

Bruce Cohen

Fathom Realty NC License #272188

Fathom Realty NC

Last Buyer's Agent

Dan Gunther

Allen Tate/ Lake Royale License #313337

Allen Tate/ Lake Royale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Back Yard

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 705 Sq Ft Home
  • 1.5-Story Property
  • Loft
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • 4 Open Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area
  • Accessible Closets
  • Handicap Accessible
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 023765

Community Details

Overview

  • Association fees include security
  • Lake Royal Poa, Phone Number (252) 478-4121
  • Lake Royale Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Reso Association Fee Includes: Security
  • Subdivision Name: Lake Royale
  • Above Grade Finished Sq Ft: 705.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 2524784121
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Enhanced Accessible2: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 705.0
  • Property Condition UpdatedRemodeled: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Acres: 0.28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Eat-in Kitchen
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Park2: Yes
  • Community Features:Fishing: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Acres: 0.28
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Accessibility Features:Accessible Door(s): Yes
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Back Yard2: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Closets: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Gravel, Outside
  • Total Parking Spaces: 4.0
  • Parking Features:Gravel: Yes
  • Parking Features:Outside3: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Fishing, Gated, Lake, Park, Playground, Pool
  • Association Fee: 1136.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Royal POA
  • Phone: 252-478-4121
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Royal POA
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Horse Amenities:None11: Yes
  • Association Amenities:Gated: 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 Rights: 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

  • Horse Amenities: None
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 023765
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 967.81
  • Tax Year: 2024

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
04/21/2025 04/21/25 Sold $140,000 -6.7% $199 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/02/2025 03/02/25 For Sale $150,000 0.0% $213 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $150,000 -14.3% $213 / Sq Ft
01/14/2025 01/14/25 For Sale $175,000 +12.9% $248 / Sq Ft
12/14/2023 12/14/23 Off Market $155,000 -- --
05/23/2022 05/23/22 Sold $155,000 +6.5% $220 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $145,500 -- $207 / Sq Ft
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 $968 $153,180 $22,500 $130,680
2023 $394 $9,000 $9,000 $0
2022 $384 $9,000 $9,000 $0
2021 $488 $9,000 $9,000 $0
2020 $484 $6,000 $6,000 $0
2019 $351 $6,000 $6,000 $0
2018 $346 $6,000 $6,000 $0
2017 $369 $6,000 $6,000 $0
2016 $380 $6,000 $6,000 $0
2015 $380 $6,000 $6,000 $0
2014 $284 $6,000 $6,000 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $18,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $155,000 Bowen Beth W
Interfamily Deed Transfer -- None Available
Deed $44,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed $4,000 None Available
Source: Public Records

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Source: Doorify MLS

MLS Number: 10070701

Doorify MLS

APN: 023765