1116 Falling Stream Sanford, NC 27332
Estimated payment $2,656/month
Total Views
5,498
3
Beds
2.5
Baths
2,323
Sq Ft
$183
Price per Sq Ft
Highlights
- Golf Course Community
- Waterfront
- Wooded Lot
- Gated with Attendant
- Deck
- Cathedral Ceiling
About This Home
Calling all Mid-Century Modern lovers! This is a diamond in the rough. It needs some work and is priced accordingly but has SUCH potential! Experience the epitome of lakeside living in this architecturally significant home designed by Arthur Cogswell, nestled on the serene shores of Lake Trace in the prestigious Carolina Trace community. The residence features 3 bedrooms and 2.5 bathrooms, providing ample space for comfortable living. You'll love the gourmet kitchen: The kitchen is equipped with granite and Corian countertops, Kraft Maid maple cabinets, and a stylestone peninsula, perfect for culinary enthusiasts. The property boasts a detached garage with an unfinished upstairs space, offering potential for
customization and beautiful lake front pathways.
Listing Agent
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #298091 Listed on: 06/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,419
Year Built
- Built in 1975
Lot Details
- 0.64 Acre Lot
- Waterfront
- Cul-De-Sac
- Street terminates at a dead end
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $73 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Split Level Home
- Wood Frame Construction
Interior Spaces
- 2,323 Sq Ft Home
- Furnished or left unfurnished upon request
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Combination Kitchen and Dining Room
- Water Views
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Range
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Outdoor Storage
Schools
- East Lee Middle School
- Lee County High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 1116
- Assessor Parcel Number 9660-94-9036-00
Community Details
Overview
- South Landing Carolina Trace HOA
- Carolina Trace Subdivision
Recreation
- Golf Course Community
- Community Pool
Security
- Gated with Attendant
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,419 | $429,800 | $112,500 | $317,300 |
| 2023 | $3,403 | $429,800 | $112,500 | $317,300 |
| 2022 | $2,949 | $340,500 | $121,500 | $219,000 |
| 2021 | $3,045 | $340,500 | $121,500 | $219,000 |
| 2020 | $3,084 | $340,500 | $121,500 | $219,000 |
| 2019 | $3,047 | $340,500 | $121,500 | $219,000 |
| 2018 | $3,778 | $417,500 | $162,000 | $255,500 |
| 2017 | $3,775 | $417,500 | $162,000 | $255,500 |
| 2016 | $3,772 | $417,500 | $162,000 | $255,500 |
| 2014 | $3,410 | $417,500 | $162,000 | $255,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $425,000 | -10.5% | $183 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $475,000 | -9.5% | $204 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $525,000 | -8.7% | $226 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $575,000 | -- | $248 / Sq Ft |
Source: Longleaf Pine REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,000 | New Conventional |
Source: Public Records
Similar Homes in Sanford, NC
Source: Longleaf Pine REALTORS®
MLS Number: 744892
APN: 9660-94-9036-00
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