NOT LISTED FOR SALE

225 Palace Green Ln Sanford, NC 27330

Estimated Value: $339,000 - $358,000

4 Beds
2.5 Baths
2,304 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $162,000 $70 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,230/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Screened Patio
  • 1 Fireplace
  • Separate Outdoor Workshop
  • Home Security System

About This Home

As of May 2016

Awesome 4 bedroom, 2.5 bath home with detached 20x12 man cave w/half bath & heat/air. Ladies,you can use it also! Large livingrm&dining rm. Family rm open to breakfast area & kitchen with granite counters. All appliances remain. Utility rm upstairs with bedrms. Gas log fireplace, covered patio, 230 sqft 4 season rm, double garage + extra parking pad. Well cared for One owner home. Ready to move in

Last Agent to Sell the Property

Chris Tacia

ERA Strother RE #5 License #235141 Listed on: 05/27/2016

Last Buyer's Agent

Outside MLS Sold Other

Non Member Transaction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,091

Year Built

  • Built in 2008

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Screened Patio
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Tank Leased
  • Natural Gas Water Heater

Community Details

  • Carthage Colonies Subdivision

Listing and Financial Details

  • Tax Lot 173

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,091

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: Two
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Security System, Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 61.27
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 4
  • Total Heated Primary Separate Sq Ft: 2734.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Workshop
  • Porch Balcony Deck: Patio, Screened
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Gas
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Natural Gas

Lot Info

  • Deed Page: 376.00
  • Lot Acres: 0.23
  • Lot Dimensions: .23
  • Lot Number: 173

Tax Info

  • Tax Year: 2015
  • Total City Real Estate Property Tax: 2409.00
  • Total Real Estate Property Taxes: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
May 27, 2016
Sold by
Simpson Byron W and Simpson Andrea
Bought by
Ludwig Kevin W and Ludwig Amy T
Seller's Agent
Chris Tacia
ERA Strother RE #5
Buyer's Agent
Outside MLS Sold Other
Non Member Transaction
Sold Price
$162,000
Total Days on Market
0
Current Estimated Value
$347,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,319
Avg. Annual Appreciation
8.57%
Original Mortgage
$166,580
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2008
Sold by
Beazer Homes Corp
Bought by
Simpson Byron W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,590
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Ludwig Kevin W $162,000 None Available
Simpson Byron W $165,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig Kevin W $191,290
Closed Ludwig Kevin W $166,580
Previous Owner Simpson Byron W $178,925
Previous Owner Simpson Byron W $148,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $162,000 -- $70 / Sq Ft
Source: Hive 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 $4,091 $315,700 $45,000 $270,700
2023 $4,081 $315,700 $45,000 $270,700
2022 $2,804 $184,000 $20,000 $164,000
2021 $2,849 $184,000 $20,000 $164,000
2020 $2,840 $184,000 $20,000 $164,000
2019 $2,800 $184,000 $20,000 $164,000
2018 $2,472 $158,800 $20,000 $138,800
2017 $2,440 $158,800 $20,000 $138,800
2016 $2,410 $158,400 $20,000 $138,400
2014 $2,291 $158,400 $20,000 $138,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Tacia

    ERA Strother RE #5

    Section Image

  • O

    Buyer's Agent in 2016

    Outside MLS Sold Other

    Non Member Transaction

See All Agents

Map

Source: Hive MLS

MLS Number: 174004

Hive MLS

APN: 9641-29-1930-00

North Carolina Lee County Sanford 27330

225 Palace Green Ln, Sanford, NC

This home is located at 225 Palace Green Ln, Sanford, NC 27330 since 27 May 2016 and is currently estimated at $347,319, approximately $150 per square foot. This property was built in 2008. 225 Palace Green Ln is a home located in Lee County with nearby schools including J.R. Ingram Jr. Elementary School, Sanlee Middle School, and Southern Lee High School.

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