PRIME All Brick, MAIN Waterfront, Move-in Ready Ranch. An exclusive updated 2 bedroom, one and a half bath, home strategically nestled on a private, wooded 1/2 + Acre Lot. Step onto the expansive screened porch or relax on the covered patio. This is by far one of the loveliest waterfront lots on the lake with a large dock, two jet ski ramps and a rebuilt boathouse. The unfinished walk-out basement to double the living space has room for a bonus with enough extra beds to sleep 6 additional and a large workroom that could be an additional full bath. New roof, insulation, appliances and many more upgrades. Do not wait to look because it will not last long! Lake Royale is the Triangles Premier Lake and Golf Resort Community. Amenities include a 3.25-mile-long lake, an 18-hole golf course, beaches, marinas, miniature golf, shuffleboard, corn hole, pickleball, community pool and activities for all!
Sold for $505,000
$505,000
523 Sagamore Dr, Louisburg, NC 27549
2beds
1,031sqft
Single Family Residence, Residential
Built in 1975
0.59 Acres Lot
$510,900 Zestimate®
$490/sqft
$1,041 Estimated rent
Home value
$510,900
$475,000 - $547,000
$1,041/mo
Zestimate® history
Owner options
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$1,041/mo
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$1,041/mo
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$4,082/mo
Est. payment
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$4,082/mo
Est. payment
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List your homeWhat's special
Main waterfrontLarge dockMiniature golfUnfinished walk-out basementCommunity poolCorn holeNew roof
Zillow last checked:
Listing updated:
Listed by:
Barry Wilkins 919-349-8603,
Allen Tate/ Lake Royale
Bought with:
Anne Sherron, 150779
RE/MAX Capital
Source: Doorify MLS,MLS#: 2528626
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Entrance Foyer, Storage
- Flooring: Hardwood, Tile, Vinyl
- Basement: Unfinished
- Number of fireplaces: 2
Interior area
- Total structure area: 1,031
- Total interior livable area: 1,031 sqft
- Finished area above ground: 1,031
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel, Unpaved
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio, Porch, Screened
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Lake
- Body of water: Lake Royale
Lot
- Size: 0.59 Acres
- Dimensions: 73 x 332
Details
- Parcel number: 020424
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick
Condition
- New construction: No
- Year built: 1975
Community & HOA
Community
- Subdivision: Lake Royale
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool, Tennis Court(s)
- Services included: Road Maintenance, Storm Water Maintenance
- HOA fee: $1,082 annually
Location
- Region: Louisburg
Financial & listing details
- Price per square foot: $490/sqft
- Tax assessed value: $495,490
- Annual tax amount: $1,826
- Date on market: 8/24/2023
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2023 | Sold | $505,000+1%$490/sqft |
Source:  Doorify MLS #2528626 Report a problem | ||
| 10/13/2023 | Contingent | $499,900$485/sqft |
Source: Doorify MLS #2528626 Report a problem | ||
| 9/30/2023 | Listed for sale | $499,900$485/sqft |
Source: Doorify MLS #2528626 Report a problem | ||
| 9/1/2023 | Pending sale | $499,900$485/sqft |
Source: Doorify MLS #2528626 Report a problem | ||
| 8/24/2023 | Listed for sale | $499,900+150%$485/sqft |
Source: Doorify MLS #2528626 Report a problem | ||
| 5/7/2020 | Sold | $200,000$194/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,934 +1.7% | $495,490 |
| 2024 | $2,885 +58% | $495,490 +148.3% |
| 2023 | $1,826 +0.6% | $199,540 |
| 2022 | $1,816 -1.1% | -- |
| 2021 | $1,836 +0.1% | -- |
| 2020 | $1,835 +1.5% | -- |
| 2019 | $1,807 +4.5% | $197,120 |
| 2018 | $1,728 | $197,120 +18.1% |
| 2017 | $1,728 | $166,920 |
| 2016 | $1,728 | $166,920 |
| 2015 | $1,728 +6.4% | $166,920 |
| 2014 | $1,624 | $166,920 |
| 2013 | -- | $166,920 |
| 2012 | -- | $166,920 +22.7% |
| 2011 | -- | $135,999 |
| 2010 | -- | $135,999 |
| 2009 | -- | $135,999 |
| 2008 | -- | $135,999 |
Find assessor info on the county website
Neighborhood: 27549
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Nearby schools
GreatSchools rating
- 6/10Edward Best ElementaryGrades: PK-5Distance: 9.1 mi
- 3/10Bunn MiddleGrades: 6-8Distance: 3.8 mi
- 4/10Bunn HighGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Franklin - Ed Best
- Middle: Franklin - Bunn
- High: Franklin - Bunn
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$510,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,900
- North Carolina
- Franklin County
- Louisburg
- 27549
- 523 Sagamore Dr
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