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Lake Royale 27549
401 Sagamore Drive
$525,000
House - For Sale

401 Sagamore Drive

Louisburg, NC 27549
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1907 Sqft
$3,851
Estimated Monthly
$1,082
HOA / Fees
1.32%
Cap Rate

About This Property

JUST WHAT YOU'VE BEEN WAITING FOR!! BEAUTIFUL LAKEFRONT RANCH W/WALK-OUT FINISHED BASEMENT!! BOATHOUSE W/LIFT COMPLETES THIS DREAM PACKAGE! ALL APPLIANCES CONVEY! Roof 2020! Upgraded Interior Doors! Charming Step-Saver Kitchen! Cozy Gas Log FP in  Open Living/Dining Area! Three Bedrooms Including Primary  on Main Level! Full Finished Basement Has New Flooring w/Extra Bath & Flex Room For Additional Guests Or Office Space!  Enjoy The View From The Huge Deck Made For Entertaining! Patio Below Provides Easy Access to Lakefront W/Dock & Boathouse Already On Site!  Generator!Hurry! GATED COMMUNITY ON 345-ACRE LAKE W/18-HOLE GOLF AVAILABLE!!

The manager has listed the unit size as 1907 square feet.
Unit Size
1,907Ft²
Days on Market
74 days
Land Size
0.39 acres
Price per sqft
$275
Property Type
House
Property Taxes
$190
HOA Dues
$1,082
Year Built
1998
Listed By
Barry Wilkins
Allen Tate/ Lake Royale
Last updated: 22 days ago (TRIANGLE #10013384)

Price History

Date / Event Date Event Price
Feb 21, 2024 Listed by Royale Realty $525,000
Listed by Royale Realty
Jul 30, 2017 Listed $293,500
Listed
Waterfront ranch with amazing lake views from family room, master, basement, deck, patio, office & kitchen/breakfast. Bright and open with huge windows galore to show off water views. Beautiful stone fireplace in family room. Humongous deck with sweeping lake views. Enjoy your private dock and boat house with ski slip. It doesn't get much better than this! Enjoy the clubhouse, tennis, pool, gated security, restaurant, beaches, planned events, golf course, swimming, boating. Large yard…

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 610
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,901
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,297
  • Building Area: 1,297
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,297
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOT ROYALE
  • Land Acres: 0.388
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MB 12 PG 23

Ownership

  • Current Owner : COUVILLON CONSTANCE
  • Current Owner 2: CONSTANCE COUVILLON LIVING TRUST
  • Previous Owner : MORFOGENIS GEORGE P
  • Previous Owner 2: MORFOGENIS MARIA
  • Owner Before Previous Owner: HELMS GERALD
  • Owner Before Previous Owner 2: HELMS MARTHA LYNN
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin County Schools
  • Census Tract: 060301

Zoning

  • Zoning: FCO R-30

Geography

  • District: 109
  • Parcel: 019772
  • Lot: 827
  • Municipality: CYPRESS CREEK
  • Latitude: 35.9715
  • Longitude: -78.2025

    Address

  • Full Address: 401 Sagamore Dr
  • Address - House Number: 401
  • Address - Street Name: Sagamore
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Louisburg
  • Zip Code: 27549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,286
  • Tax Rate Code Area: BUNF

    Appraisal Valuation

  • Standard Deviation: 0.1818
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 450,227
  • High Value: 532,091
  • Low Value: 368,363

    Market Valuation

  • Market Total Value: $253,000
  • Market Land Value: $98,830
  • Market Improvement Value: $154,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,000
  • Assessed Land Value: $98,830
  • Assessed Improvements Value: $154,170

    Sales

  • Current Sale Contract Date: Apr 12, 2018
  • Current Sale Recording Date: Apr 26, 2018
  • Current Sale Transaction ID: 11455723622
  • Current Sale Price: $273,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 03, 2006
  • Previous Sale Contract Date: Dec 30, 2005
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 03, 2006
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2036

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,551 ft²
$338/ft²
$525,000 Jan 10, 2024
-
$1,273/mo
House
3 Beds
2.5 Baths
2,558 ft²
$176/ft²
$449,900 Dec 3, 2023
-
$1,082/mo
House
3 Beds
2.5 Baths
2,482 ft²
$252/ft²
$624,900 Feb 23, 2024
-
$330/mo
House
2 Beds
1 Bath
1,280 ft²
$383/ft²
$489,900 Sep 25, 2023
-
$15,342/mo

About Lake Royale


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Nearby Rentals



Frequently Asked Questions

When was property at 401 Sagamore Drive built and last sold?
The property at 401 Sagamore Drive was built in 1998 and last sold on Apr 12, 2018 for $273,000.
How much is this home worth?
The estimated value of the home located at 401 Sagamore Drive is $523,010.
What are some comparable homes to 401 Sagamore Drive?
Homes that are comparable to 401 Sagamore Drive include a house property at 545 Sagamore Drive, 124 Nakoma Drive, 142 Mohawk Drive.

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