NOT LISTED FOR SALE

231 Lotus Ln Sanford, NC 27332

Estimated Value: $314,000 - $335,143

3 Beds
2 Baths
1,689 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $315,000 $187 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,992/month

5 Days on Market

Highlights

  • Water Views
  • Tennis Courts
  • Granite Countertops
  • Golf Course Community
  • Clubhouse
  • Community Pool

About This Home

As of December 2022

Seller reviewing offers. Highest and Best was due 12 noon, 10/19/22. WOW FACTOR! WATER VIEWS FROM FRONT AND BACK! This one of a kind home is located in Carolina Lakes on a cul-de-sac with only 2 other homes. Sapphire Lake right out your front yard where you can fish and kayak AND enjoy the view out your kitchen window. Ski Lake is in your backyard (water view only) with beautiful fully fenced wooded backyard. GORGEOUS REMODEL!! New LVP floors, high-end kit. appliances, beautiful granite counters and updated white kitchen cabinets. NEW 14-seer TRANE dual fuel heat pump, new TRANE mini-split installed in the finished enclosed porch (not permitted and NOT included in the sq. ftg). ENCLOSED HEATED/COOLED PORCH/SUNROOM IS 398 SQ FT., new interior doors, fresh paint throughout. Beautiful stacked stone wood burning FP. View of both lakes from your dining room with windows all around! 2 car attached garage w/ workshop area. Huge shed in backyard.

Last Agent to Sell the Property

Angela Donohoe

MAIN STREET REALTY GROUP License #206813 Listed on: 10/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Fenced
  • Interior Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Veneer

Interior Spaces

  • 1,689 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Blinds
  • Storage
  • Laundry on main level
  • Luxury Vinyl Tile Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Tennis Courts
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 039585160272

Community Details

Overview

  • Carolina Lake Poa
  • Carolina Lakes Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 1993

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Carolina Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Cooling:Electric: Yes
  • Levels One and One Half: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Utilities Propane3: Yes
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Building Project Name3: Please share with clients: "Per the POA, "the access from your yard is by a small point on the property lines so you will most likely be encroaching on the neighbors' property to access the lake from this area. It is highly recommended that permission to cross be obtained by the neighbors to avoid any potential problems. Please know that the situation is subject to change if there is ever a chan
  • Security Features Security Guard: Yes
  • General Property Information Lot Size Acres: 0.46
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Granite Counters, Storage
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Gas Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Masonry: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Range: Yes
  • Community Features:Golf: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:Clubhouse2: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters, Storage, Tennis Court(s)
  • Fencing: Fenced
  • Acres: 0.46
  • Home Warranty: No
  • Construction Type: Stone Veneer
  • Exterior Features:Rain Gutters: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Construction Materials:Stone Veneer: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Interior Lot: 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, Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • 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 Lake POA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Carolina Lake POA
  • 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: 20037.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 039585160272
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Dec 2, 2022
Sold by
Sindelir Jessy Ryan and Sindelir Rachel Marie
Bought by
Dolan Sean
Seller's Agent
Angela Donohoe
MAIN STREET REALTY GROUP
List Price
$299,999
Sold Price
$315,000
Premium/Discount to List
$15,001
5%
Views
8
Current Estimated Value
$326,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,198
Avg. Annual Appreciation
0.91%
Original Mortgage
$322,245
Outstanding Balance
$313,447
Interest Rate
6.49%
Estimated Equity
$9,326

Purchase Details

Listed on
Mar 21, 2021
Closed on
Jun 28, 2021
Sold by
May Kingkeaw Chooshine
Bought by
Sindelir Jessy Ryan and Sindelir Racheal Marie
Seller's Agent
Sherry DeWeese
KELLER WILLIAMS REALTY (PINEHURST)
List Price
$280,000
Sold Price
$225,000
Premium/Discount to List
-$55,000
-19.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.17%
Original Mortgage
$202,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1992
Bought by
May William 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
Dolan Sean $315,000 --
Sindelir Jessy Ryan $225,000 None Available
May William M $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolan Sean $322,245
Previous Owner Sindelir Jessy Ryan $202,500
Previous Owner May Kingkeaw Gall $100,000
Previous Owner May William M $59,370
Previous Owner May William M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $315,000 +5.0% $187 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $299,999 +33.3% $178 / Sq Ft
07/09/2021 07/09/21 Sold $225,000 -19.6% $121 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $280,000 -- $151 / 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 $1,571 $208,999 $0 $0
2023 $1,571 $208,999 $0 $0
2022 $1,466 $208,999 $0 $0
2021 $1,466 $203,740 $0 $0
2020 $1,466 $203,740 $0 $0
2019 $1,843 $203,740 $0 $0
2018 $1,802 $203,740 $0 $0
2017 $1,802 $203,740 $0 $0
2016 $1,904 $215,820 $0 $0
2015 -- $215,820 $0 $0
2014 -- $215,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP693647

Doorify MLS

APN: 03958516 0272