NOT LISTED FOR SALE

116 Silver Lake Point Sanford, NC 27332

Estimated Value: $469,000 - $656,769

5 Beds
3 Baths
3,651 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $580,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,558/month

Highlights

  • Golf Course Community
  • Waterfront
  • Deck
  • Gated Community
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2022

Waterfront property located on Silver Lake inside the Gated Community of Carolina Lakes. This Beautiful Custom Built home is welcoming from the moment you pull in the driveway, with its southern feel covered front porch and mature trees. Dream kitchen with large walk in pantry over looks the sunroom area, for another sitting area or eat in kitchen. 3 BD including master on 1st floor and 2 BD upstairs with bonus room. Oodles of storage. Lake living at its finest, enjoy fishing, swimming, paddle boarding.

Last Agent to Sell the Property

Julie Johnson

RE/MAX SOUTHERN PROPERTIES LLC. License #302118 Listed on: 05/04/2022

RE/MAX SOUTHERN PROPERTIES LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 2004

Lot Details

  • 0.41 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Crawl Space
  • Attic

Kitchen

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

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Playground
  • Rain Gutters

Utilities

  • Heat Pump System
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 03958504 0082

Community Details

Overview

  • Carolina Lakes Property Owners Association
  • Carolina Lakes Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,262

Year Built

Built in 2004

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential
  • Subdivision Name: Carolina Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • General Property Information Carport YN: No
  • Utilities Propane3: Yes
  • Fencing Partial2: Yes
  • General Property Information Lot Size Square Feet2: 17859.6
  • General Property Information Building Project Name3: Showings Start May 5Offers to be written to Henry Murray Hey, Trustee and Helen Lynne Hey, TrusteeRocking chairs and 2 side tables on front porch stayMounted cabinets and matching cabinets below in bonus room stayDesk upstairs in bedroom staysSee house details in transaction room from owner
  • Security Features Security Guard: Yes
  • General Property Information Lot Size Acres: 0.41
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Double Vanity, Eat-in Kitchen, Granite Counters, Primary Downstairs, Separate Shower, Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Community Features:Golf: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes
  • Community Features:Clubhouse2: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Exterior Features: Playground, Rain Gutters
  • Fencing: Partial
  • Acres: 0.41
  • Home Warranty: No
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Playground3: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Propane
  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Pool
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association Name: Carolina Lakes Property Owners Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Carolina Lakes Property Owners Association
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 900.0
  • General Property Information:Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 03958504 0082
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 13, 2022
Sold by
Hey Henry M and Hey Family Trust
Bought by
Semler Robert and Sterlacci Sharon
Seller's Agent
Julie Johnson
RE/MAX SOUTHERN PROPERTIES LLC.
List Price
$565,000
Sold Price
$580,000
Premium/Discount to List
$15,000
2.65%
Current Estimated Value
$589,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,442
Avg. Annual Appreciation
0.88%
Source: Public Records

Range of Values:

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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
Semler Robert $580,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hey Henry M $100,000
Previous Owner Hey Henry M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $580,000 -- --
05/17/2022 05/17/22 Sold $580,000 0.0% $159 / Sq Ft
05/17/2022 05/17/22 Sold $580,000 +2.7% $159 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $565,000 -- $155 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
Source: Doorify MLS

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 $3,262 $446,785 $0 $0
2023 $3,262 $446,785 $0 $0
2022 $2,942 $446,785 $0 $0
2021 $3,327 $374,350 $0 $0
2020 $3,342 $374,350 $0 $0
2019 $3,327 $374,350 $0 $0
2018 $2,052 $374,350 $0 $0
2017 $1,752 $374,350 $0 $0
2016 $3,306 $380,700 $0 $0
2015 $3,306 $380,700 $0 $0
2014 $3,306 $380,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP681752

Doorify MLS

APN: 03958504 0082