NOT LISTED FOR SALE

2005 Cedar Lake Rd Sanford, NC 27330

Estimated Value: $249,171 - $281,000

2 Beds
1.5 Baths
1,044 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $195,000 $187 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,476/month

2 Days on Market

Highlights

  • Docks
  • Deck
  • Wood Flooring
  • Waterfront
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of April 2022

Looking for a cabin at the lake with a dock? Here it is! The large covered front porch and larger covered back deck gives you a lot of options for being outside in any weather. Tie your kayak or canoe up to the dock for some fun on the lake. On colder days, there are gas logs in the brick fireplace to cozy up to while watching the flat screen left as a gift. This home even has a 2nd floor loft area that could double as a 3rd bedroom for weekend visitors! Located close to US 1, so a quick commute to the Apex/Cary area and the Pinehurst area. Come see it soon or someone else will get your cabin at the lake!

Last Agent to Sell the Property

Michael Davis

SANFORD REAL ESTATE License #281326 Listed on: 03/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1972

Lot Details

  • 0.58 Acre Lot
  • Waterfront
  • Level Lot
  • Cleared Lot

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cedar Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-40-2044-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Subdivision Name: Cedar Lakes
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Lot Features Partially Cleared: Yes
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Levels One and One Half: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • Utilities Propane3: Yes
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 25264.8
  • General Property Information Building Project Name3: EMD held by closing attorney. Lee County does not have the septic permit on file. Storage house across the street does convey, but is located on someone else's property. Listing Agent had his insurance agent check the property for flood zone requirements, was told property does not require flood insurance. Buyer's Agent to confirm with buyer's insurance agent.
  • General Property Information Lot Size Acres: 0.58
  • Lot Water Features Boat Dock2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Living/Dining Room Combination, Primary Downstairs
  • Basement: Crawl Space
  • Appliances: Dishwasher, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Masonry
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Storage
  • Acres: 0.58
  • Home Warranty: No
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Door Features:Storm Door(s): Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Waterfront: Yes

Utilities

  • Utilities: Propane
  • Heating: Heat Pump
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 25264.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 9657-40-2044-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Apr 8, 2022
Sold by
Yandle Anthony R and Yandle Diane G
Bought by
Scott Sarah
Seller's Agent
Michael Davis
SANFORD REAL ESTATE
List Price
$140,000
Sold Price
$195,000
Premium/Discount to List
$55,000
39.29%
Current Estimated Value
$260,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,793
Avg. Annual Appreciation
8.53%
Original Mortgage
$157,500
Outstanding Balance
$148,654
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$112,139

Purchase Details

Closed on
Dec 19, 2005
Sold by
Yandle Cynthia M Thomas and Thomas Cynthia M
Bought by
Yandle Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
8.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2003
Sold by
Nehls Carl J
Bought by
Thomas Cynthia M
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
Scott Sarah $195,000 None Listed On Document
Yandle Anthony -- None Available
Thomas Cynthia M $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Sarah $157,500
Previous Owner Yandle Anthony $84,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $195,000 +39.3% $187 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $140,000 -- $134 / 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
2025 $1,248 $143,500 $36,500 $107,000
2024 $1,238 $143,500 $36,500 $107,000
2023 $1,207 $143,500 $36,500 $107,000
2022 $752 $72,000 $20,300 $51,700
2021 $761 $72,000 $20,300 $51,700
2020 $748 $72,000 $20,300 $51,700
2019 $748 $72,000 $20,300 $51,700
2018 $705 $64,900 $12,200 $52,700
2017 $699 $64,900 $12,200 $52,700
2016 $692 $64,900 $12,200 $52,700
2014 $634 $64,900 $12,200 $52,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Davis

    SANFORD REAL ESTATE

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Map

Source: Doorify MLS

MLS Number: LP680667

Doorify MLS

APN: 9657-40-2044-00

North Carolina Lee County Sanford 27330

2005 Cedar Lake Rd, Sanford, NC

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