NOT LISTED FOR SALE

2008 Cedar Lake Rd Sanford, NC 27330

Estimated Value: $277,000 - $293,000

2 Beds
1.5 Baths
1,380 Sq Ft
$206/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $225,000 $163 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,630/month

1 Day on Market

Highlights

  • Waterfront
  • Secluded Lot
  • Cathedral Ceiling
  • Deck
  • Wooded Lot
  • Wood Flooring

About This Home

As of May 2022

Mountain Chalet on the Water! Only 30 miles from Cary and 35 miles from Raleigh! Outstanding views with 215 feet of frontage on Cedar Lake. Many updates including flooring, interior and exterior paint, granite counters in the kitchen, lighting, this home is move-in ready! Flat roof was replaced last week. Bright and open floorplan. Kitchen opens to the 2 story living room. Upstairs features a bedroom and full bath and loft area. Front yard is fenced. Well landscaped yard with lots of mature plantings. Secluded and quiet area, .62 acre lot. Enjoy evenings on the massive 20'X 12' rear deck! Bring your fishing pole and kayaks! This will not last long...

Last Agent to Sell the Property

John Ramsperger

SANFORD REAL ESTATE License #187355 Listed on: 04/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1971

Lot Details

  • 0.62 Acre Lot
  • Waterfront
  • Fenced Yard
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Cottage

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Water Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Bulkhead
  • Deck
  • Outdoor Storage
  • Front Porch

Utilities

  • Heat Pump System
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cedar Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9657-40-5521-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential
  • Subdivision Name: Cedar Lakes
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cottage: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Utilities Propane3: Yes
  • General Property Information Lot Size Square Feet2: 27007.2
  • General Property Information Building Project Name3: See attached restrictive covenants and road maintenance agreement. Home is on a private road. Above ground LP gas tank is leased with Blossman Gas in Sanford.
  • General Property Information Lot Size Acres: 0.62
  • Lot Water Features Bulkhead: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Kitchen/Dining Room Combination
  • Basement: Crawl Space
  • Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: 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: Fenced Yard, Storage
  • Fencing: Fenced
  • Acres: 0.62
  • Home Warranty: No
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Utilities: Propane
  • Heating: Heat Pump
  • HeatingYN: Yes
  • 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: 27007.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 9657-40-5521-00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
May 10, 2022
Sold by
Autumn Rayne Ltd
Bought by
Grimm Kelley Morgan and Grimm Garrett Nelson
Seller's Agent
John Ramsperger
SANFORD REAL ESTATE
List Price
$200,000
Sold Price
$225,000
Premium/Discount to List
$25,000
12.5%
Current Estimated Value
$284,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,372
Avg. Annual Appreciation
7.02%
Original Mortgage
$213,750
Outstanding Balance
$203,094
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$81,278

Purchase Details

Listed on
Jul 8, 2016
Closed on
Aug 5, 2016
Sold by
Petersen Christian N and Petersen Carole
Bought by
Autumn Rayne Ltd
Seller's Agent
TRACY FIORE
ERA STROTHER REAL ESTATE #5
Buyer's Agent
TRACY FIORE
ERA STROTHER REAL ESTATE #5
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$80,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Self Help Ventures Fund
Bought by
Hall John Jason

Purchase Details

Closed on
Aug 4, 2003
Sold by
Hall Barry G
Bought by
Self Help Ventures Fund
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
Grimm Kelley Morgan $225,000 None Listed On Document
Autumn Rayne Ltd $95,000 None Available
Hall John Jason -- --
Self Help Ventures Fund $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Kelley Morgan $213,750
Previous Owner Autumn Rayne Ltd $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $225,000 +12.5% $163 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $200,000 +110.5% $145 / Sq Ft
08/05/2016 08/05/16 Sold $95,000 0.0% $69 / Sq Ft View Prior Sale
07/14/2016 07/14/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $95,000 -- $69 / 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 $1,607 $190,900 $37,700 $153,200
2024 $1,597 $190,900 $37,700 $153,200
2023 $1,558 $190,900 $37,700 $153,200
2022 $892 $88,600 $20,900 $67,700
2021 $906 $88,600 $20,900 $67,700
2020 $896 $88,600 $20,900 $67,700
2019 $896 $88,600 $20,900 $67,700
2018 $787 $74,200 $12,600 $61,600
2017 $782 $73,900 $12,600 $61,300
2016 $765 $72,800 $12,600 $60,200
2014 $700 $72,800 $12,600 $60,200
Source: Public Records

Agents Affiliated with this Home

  • John Ramsperger

    Seller's Agent in 2022

    John Ramsperger

    SANFORD REAL ESTATE

    (919) 708-5100

    105 in this area

    129 Total Sales

    John Ramsperger
    Section Image

  • T

    Seller's Agent in 2016

    TRACY FIORE

    ERA STROTHER REAL ESTATE #5

    (919) 499-7362

    16 in this area

    39 Total Sales

    TRACY FIORE
    Section Image
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Map

Source: Doorify MLS

MLS Number: LP682139

Doorify MLS

APN: 9657-40-5521-00

North Carolina Lee County Sanford 27330

2008 Cedar Lake Rd, Sanford, NC

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