NOT LISTED FOR SALE

1 Traceway Sanford, NC 27332

Estimated Value: $455,000 - $550,000

4 Beds
3 Baths
2,951 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $275,500 $93 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,979/month

19 Days on Market

Highlights

  • Water Views
  • Gated with Attendant
  • Wood Flooring
  • On Golf Course
  • Cape Cod Architecture
  • Separate Formal Living Room

About This Home

As of June 2020

Fabulous Cape Cod home that offers tons of character located in the gated & golf community of Carolina Trace. This gem offer breathtaking views of Lake Trace in addition to backing up to Carolina Trace "Lake" course hole 13 & 14. Updated kitchen with granite counter tops installed in 2018 & a fabulous island imported from England, spacious living room, dining room, & parlor room with a fireplace, 4 large bedrooms, 1 of the bedrooms being on the first floor, Master located on the second floor with double vanity's, & garden tub. In addition is a Carolina Room off the kitchen that is heated and cooled to enjoy amazing views. 2 car detached garage with and additional finished 624 sq. ft. of unheated space that could easily be the perfect space for a gym, art studio, home schooling area, or in-law suite if plumbing was added for a bathroom. Updated plumbing in home, new breaker box, & a heat pump installed in 2015. Make your apt to view one of the most iconic homes of Carolina Trace!

Last Agent to Sell the Property

Corinne Smith

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #0 Listed on: 05/08/2020

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Last Buyer's Agent

CANDICE AKRIDGE

EXP REALTY LLC License #277869

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1972

Lot Details

  • On Golf Course
  • Cleared Lot
  • Zoning described as RR - Rural Residential

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Golf Course

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,951 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Double Vanity
  • Garden Bath

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Porch
  • Stoop

Schools

  • Tramway Elementary School
  • East Lee Middle School
  • Lee County High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 9660-71-0953-00

Community Details

Overview

  • Carolina Trace/North Shore Association
  • Carolina Trace North Shore Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,287

Year Built

Built in 1972

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Inclusions: Refrigerator located in the kitchen
  • Ownership: More than a year
  • Subdivision Name: CAROLINA TRACE-NORTH SHORE
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1972
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Hardwood, Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Garden Tub/Roman Tub, Unfurnished
  • Living Area: 2951.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cleared, On Golf Course
  • Topography: Cleared
  • View: Golf Course, Water
  • View: Yes
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Stoop

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Security: Gated with Guard, Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Curbs, Golf, Gated, Gutter(s)
  • Association Fee: 520.0
  • Association Fee Frequency: Annually
  • Association Name: Carolina Trace/North Shore
  • Association: Yes

Schools

  • Elementary School: Tramway Elementary
  • High School: Lee County High
  • Middle Or Junior School: East Lee Middle

Lot Info

  • Parcel #: 9660-71-0953-00
  • Zoning Description: RR - Rural Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 25, 2020
Sold by
Thompson Chad C and Thompson Brooke
Bought by
Holmes John Alden and Holmes Cristy Waugh
Seller's Agent
Corinne Smith
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
CANDICE AKRIDGE
EXP REALTY LLC
List Price
$284,500
Sold Price
$275,500
Premium/Discount to List
-$9,000
-3.16%
Current Estimated Value
$489,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,118
Avg. Annual Appreciation
11.74%
Original Mortgage
$270,509
Outstanding Balance
$240,842
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$248,776

Purchase Details

Closed on
Jun 12, 2013
Sold by
Atkins Matthew D and Atkins Jamie L
Bought by
Thompson Chad C and Thompson Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,450
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2011
Sold by
Frantz William T and Meshaw Judith F
Bought by
Atkins Matthew D and Atkins Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,250
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 2004
Sold by
Rsvp Real Estate Inc
Bought by
Frantz William T

Purchase Details

Closed on
Jun 17, 2004
Sold by
O'Sullivan Michael A
Bought by
R.S.V.P Real Estate Inc

Purchase Details

Closed on
Sep 16, 2002
Sold by
Milam Jr Thomas A
Bought by
O'Sullivan Michael A
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Holmes John Alden $275,500 None Available
Thompson Chad C $255,000 None Available
Atkins Matthew D $250,000 None Available
Frantz William T $272,500 --
R.S.V.P Real Estate Inc -- --
O'Sullivan Michael A $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes John Alden $270,509
Previous Owner Thompson Chad C $260,450
Previous Owner Atkins Matthew D $258,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $275,500 -3.2% $93 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $284,500 -- $96 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $3,287 $412,800 $42,000 $370,800
2023 $3,159 $398,300 $42,000 $356,300
2022 $2,296 $263,200 $35,000 $228,200
2021 $2,369 $263,200 $35,000 $228,200
2020 $2,108 $224,800 $35,000 $189,800
2019 $2,083 $224,800 $35,000 $189,800
2018 $2,218 $236,600 $35,000 $201,600
2017 $2,212 $236,600 $35,000 $201,600
2016 $2,158 $236,600 $35,000 $201,600
2014 $1,952 $236,600 $35,000 $201,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 632499

Longleaf Pine REALTORS®

APN: 9660-71-0953-00