NOT LISTED FOR SALE

198 Southerland Peak Dr Raeford, NC 28376

Estimated Value: $558,116 - $667,000

5 Beds
4.5 Baths
3,581 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $650,000 $182 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,523/month

159 Days on Market

Highlights

  • New Construction
  • Waterfront
  • Wood Flooring
  • Gated Community
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of September 2024

This exquisite 2-story brick home boasts 5 bedrooms and 4.5 bathrooms, offering luxurious living spaces with a beautiful lake view. Entertain in style with a formal dining room, a two-story open-concept great room and a fabulous chef's kitchen featuring two islands, quartz countertops, an abundance of shaker cabinetry, double wall oven, a cooktop and hood-vent. The main floor showcases a spacious owner's suite with a gorgeous walk-in tile shower, double vanities and an impressively large walk-in closet. There is also an additional bedroom and full bathroom located downstairs while the remaining three bedrooms, 2 full bathrooms, a loft, and media room are located on the second floor. Rose gold plumbing fixtures, cabinet pulls, door hinges and handles throughout the home provide a touch of modern elegance. Outside, enjoy hardscaping and a built-in fire pit overlooking the serene lake where you can paddle board, kayak, and catch a release fish. NO motorized water vehicles allowed.

Last Agent to Sell the Property

Victoria Harrison

CAROLINA SUMMIT GROUP #2 License #305753 Listed on: 02/22/2024

Last Buyer's Agent

Brittany Paschal

Front Runner Realty Group License #282939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,271

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.47 Acre Lot
  • Waterfront
  • Cleared Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Veneer
  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 3,581 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Washer and Dryer

Attic

  • Scuttle Attic Hole
  • Permanent Attic Stairs

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hoke County Schools Elementary And Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 494550401247

Community Details

Overview

  • Wood Lake 2 Property Owners Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,271

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Contract Information Estimated Completion Date: 2024-04-30
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Attic Features Scuttle: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Building Project Name3: Back on the market at no fault of the seller. Home is near completion and can accommodate a 30 day close. New photos will be loaded as soon as home is completed. Door hinges and handles will match the plumbing fixtures and current ones will be swapped out. HOA $960 annually, capital startup contribution of $500 at closing - Paddle-boarding, kayaking, catch & release fishing allowed on the lake, no
  • General Property Information Lot Size Acres: 0.47
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Primary Downstairs, Separate Shower, Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Cooktop: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Double Oven: Yes
  • Attic Features:Permanent Stairs: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:Curbs: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Acres: 0.47
  • Home Warranty: No
  • Construction Type: Brick Veneer, Stone Veneer
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Stone Veneer: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Forced Air, Heat Pump, Zoned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights
  • Association Fee: 960.0
  • Association Fee Frequency: Annually
  • Association Name: Wood Lake 2 Property Owners Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wood Lake 2 Property Owners Association
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 960.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Hoke County Schools

Lot Info

  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 494550401247

MLS Schools

  • Elementary School: Hoke County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Aug 21, 2024
Sold by
J & K General Contractor Inc
Bought by
Cobb Glenn E and Cobb Hilda D
Seller's Agent
Victoria Harrison
CAROLINA SUMMIT GROUP #2
Buyer's Agent
Brittany Paschal
Front Runner Realty Group
List Price
$694,900
Sold Price
$650,000
Premium/Discount to List
-$44,900
-6.46%
Views
96
Current Estimated Value
$598,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,961
Avg. Annual Appreciation
-7.56%
Original Mortgage
$671,450
Outstanding Balance
$663,251
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
-$65,212
Source: Public Records

Range of Values:

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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
Cobb Glenn E $650,000 None Listed On Document
Cobb Glenn E $650,000 None Listed On Document
J & K General Contractor Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Glenn E $671,450
Closed Cobb Glenn E $671,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $650,000 -6.5% $182 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $694,900 0.0% $194 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $694,900 -1.4% $194 / Sq Ft
02/27/2024 02/27/24 For Sale $705,000 0.0% $197 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $705,000 -- $197 / Sq Ft
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 $3,271 $387,800 $70,000 $317,800
2023 $567 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Harrison

    Seller's Agent in 2024

    Victoria Harrison

    CAROLINA SUMMIT GROUP #2

    (931) 801-0739

    149 Total Sales

    Victoria Harrison
    Section Image
  • Brittany Paschal

    Buyer's Agent in 2024

    Brittany Paschal

    Front Runner Realty Group

    (910) 315-9998

    213 Total Sales

    Brittany Paschal
    Section Image
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Map

Source: Doorify MLS

MLS Number: LP718338

Doorify MLS

APN: 494550401247

North Carolina Hoke County Raeford 28376

198 Southerland Peak Dr, Raeford, NC

This home is located at 198 Southerland Peak Dr, Raeford, NC 28376 since 22 February 2024 and is currently estimated at $598,039, approximately $167 per square foot. This property was built in 2024. 198 Southerland Peak Dr is a home located in Hoke County with nearby schools including Scurlock Elementary School, East Hoke Middle, and Hoke County High.

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