NOT LISTED FOR SALE

1087 Lakebay Rd Vass, NC 28394

Estimated Value: $912,000 - $950,238

3 Beds
2 Baths
1,792 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $940,000 $525 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,124/month

80 Days on Market

Highlights

  • Barn
  • Boarding Facilities
  • Deck
  • Stables
  • 31.55 Acre Lot
  • Wetlands on Lot

About This Home

As of October 2024

OVER 31 ACRERS & A PLACE TO HANG YOUR HEART AND ENJOY FAMILY, FRIENDS, HORSES & PETS!TERRIFIC OPPORTUNITY to own this magnificent oak filled land with a spacious home with 3 Bedrooms/2 Baths and the possibility of a 4th bedroom! Must see to appreciate this hardwood filled, mostly level land, with a gentle fall off all the way to James Creek. PLENTY OF ACREAGE -build an additional home of your dreams & utilize the existing home for barn-help, parent or in-laws or a investment rental. ALL BARNS are Barn Masters, have movable walls & can be added onto for a minimal cost of expansion.The Main Barn is 8-12 Stalls with above storage & wide aisles. Sunny skylights throughout, wash area, and tack room with washer & dryer hookups.There is also a separate 3 Horse Barn with Tack Room and a 4 Horse Run-In shed at 1 of the 8 large fenced paddocks. The 2 Stall isolation Barn has openings to a medical paddock. Lunging ring too!This property is basically a TURNKEY,since so much is fenced, which is a HUGE cost savings!

Last Agent to Sell the Property

Tina Adams

Adams Real Estate License #189631 Listed on: 06/01/2024

Last Buyer's Agent

David O'Brien

Heart of Carolina Real Estate License #284534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,498

Year Built

  • Built in 2002

Lot Details

  • 31.55 Acre Lot
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RE

Home Design

  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Vinyl Flooring
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Dirt Driveway
  • Unpaved Parking
  • Additional Parking

Outdoor Features

  • Wetlands on Lot
  • Boarding Facilities
  • Deck
  • Shed
  • Porch

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Horses Allowed On Property
  • Corral
  • Paddocks
  • Tack Room
  • Trailer Storage
  • Hay Storage
  • Stables
  • Riding Trail

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3R & 4R
  • Assessor Parcel Number 00042799

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,498

Year Built

Built in 2002

Lot Details

31.55 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Compactor, Stove/Oven - Electric, Wall Oven, Refrigerator, Microwave - Built-In, Dishwasher
  • List Priceper Sq Ft: 538.50
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3498.18
  • Waterview: No
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Vinyl
  • Interior Amenities: 1st Floor Master, Solid Surface, Foyer, Pantry, Kitchen Island, Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Sq Ft Heated: 1792.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1792.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Barn(s), See Remarks, Storage, Shed(s), Corral(s)
  • Fencing: Wood
  • Foundation: See Remarks
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Additional Parking, Unpaved, Dirt

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: Private Service

Association/Amenities

  • H O A: No

Schools

  • School District: Moore County Schools

Lot Info

  • Cobra Zone: No
  • Deed Page: 478565.00
  • Lot Acres: 31.55
  • Lot Description: Interior Lot, Wetlands, Wooded, Pasture, Level
  • Lot Dimensions: see survey in photos/docs
  • Lot Number: 3R & 4R
  • Lot Sq Ft: 1374318.00
  • Lot Water Features: None
  • Zoning: RE

Tax Info

  • Tax Identifier: 00042799
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Sep 19, 2024
Sold by
Donner Mary K
Bought by
Workman Kathleen Morgan and Workman Michael Edward
Seller's Agent
Tina Adams
Adams Real Estate
Buyer's Agent
David O'Brien
Heart of Carolina Real Estate
List Price
$1,003,500
Sold Price
$940,000
Premium/Discount to List
-$63,500
-6.33%
Views
24
Current Estimated Value
$931,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,881
Avg. Annual Appreciation
-0.67%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Dunaif Alexandra
Bought by
Donner Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
4.91%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Workman Kathleen Morgan $940,000 None Listed On Document
Donner Mary K $132,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donner Mary K $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $940,000 -2.6% $525 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $965,000 -3.8% $539 / Sq Ft
06/01/2024 06/01/24 For Sale $1,003,500 -- $560 / Sq Ft
Source: Hive 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 $3,344 $768,830 $434,150 $334,680
2023 $3,498 $768,830 $434,150 $334,680
2022 $3,517 $558,200 $289,250 $268,950
2021 $3,656 $558,200 $289,250 $268,950
2020 $3,600 $433,170 $289,250 $143,920
2019 $3,600 $558,200 $289,250 $268,950
2018 $2,597 $432,770 $163,220 $269,550
2017 $2,532 $432,770 $163,220 $269,550
2015 $2,445 $432,770 $163,220 $269,550
2014 $3,480 $583,860 $229,350 $354,510
2013 -- $583,860 $229,350 $354,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100447816

Hive MLS

APN: 9533-00-20-4748

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