NOT LISTED FOR SALE

238 Falling Water Rd Spring Lake, NC 28390

Estimated Value: $408,310 - $440,000

4 Beds
3 Baths
2,620 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $263,000 $100 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,608/month

65 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Cathedral Ceiling
  • Gated Community
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2019

Beautiful home, in a gated community. This home offers an amazing community lifestyle with many amenities and events.
Use the screened in back porch to overlook the water.

Property is owned by the US Dept. of HUD. HUD case 387-256764 Insurability code, INS subject to buyer's appraisal. Seller makes no representations/warranties as to property condition. Sold AS IS. EHO. Seller may contribute up to 3% for buyer's cc upon buyer request. Pre 1978 properties must include LBP notice. -3 bedroom brick ranch, lots of potential on this HUD Home.Priced to move, come see it soon!
-Info & disclosures @ HUDhomestore.com. Bids submitted by HUD registered agents only NAID# req. Prop inquiries will be answered within 24 hours. Dewint/rewint for insp (if applicable) @ buyer's expense. All showing agents must sign in @ propert. Up to 3% commission for registered selling agents.

Last Agent to Sell the Property

JOSEPH BRANDON CHASE

CHASE REAL ESTATE License #249103 Listed on: 04/12/2019

Last Buyer's Agent

Charles Fennell

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE License #243222

COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Waterfront

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Factory Built Fireplace
  • Crawl Space

Kitchen

  • Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Overhills Elementary School
  • Western Harnett Middle School
  • Overhills Senior High School

Listing and Financial Details

  • Assessor Parcel Number 01053508 0100 39

Community Details

Overview

  • Anderson Poa
  • Anderson Creek Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: None
  • Ownership: Less than a year
  • Subdivision Name: ANDERSON CREEK
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Carpet
  • Interior Amenities: Tray Ceiling(s), Cathedral Ceiling(s), Granite Counters, Vaulted Ceiling(s)
  • Living Area: 2620.0
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: < 1/4 Acre
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Porch
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Security: Gated Community
  • Heating: Other
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Pool, Golf, Gated, Sidewalks, Waterfront
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Anderson POA
  • Association: Yes

Schools

  • Elementary School: Overhills Elementary
  • High School: Overhills Senior High
  • Middle Or Junior School: Western Harnett Middle School

Lot Info

  • Parcel #: 01053508 0100 39
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jul 23, 2019
Sold by
Secretary Of Hsng & Urban Dev Of Wa D C
Bought by
Mello Marsha
Seller's Agent
JOSEPH BRANDON CHASE
CHASE REAL ESTATE
Buyer's Agent
Charles Fennell
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
List Price
$277,000
Sold Price
$263,000
Premium/Discount to List
-$14,000
-5.05%
Current Estimated Value
$420,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,328
Avg. Annual Appreciation
7.52%
Original Mortgage
$263,000
Outstanding Balance
$230,411
Interest Rate
3.82%
Mortgage Type
VA
Estimated Equity
$189,917

Purchase Details

Closed on
Aug 24, 2018
Sold by
Wei Mortgage Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 18, 2018
Sold by
Acopia Llc
Bought by
Wei Mortgage Llc

Purchase Details

Closed on
Feb 2, 2018
Sold by
Matthews Emanuel L and Matthews Lindsay
Bought by
Acopia Llc

Purchase Details

Closed on
Nov 12, 2014
Sold by
Cacemax Auto Suspectores Inc
Bought by
Matthews Emanuel L and Matthews Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2014
Sold by
Pietrowicz Steven B and Williams Kimberly A
Bought by
Carmax Auto Superstores Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2006
Sold by
Allen Hoyt Homes Inc
Bought by
Pietrowicz Steven B and Williams Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,768
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Anderson Creek Partners Lp
Bought by
Allen Hoyt Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,577
Interest Rate
6.33%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mello Marsha -- None Available
Secretary Of Housing & Urban Development -- None Available
Wei Mortgage Llc -- None Available
Acopia Llc $263,200 None Available
Matthews Emanuel L $310,000 None Available
Carmax Auto Superstores Inc $454,666 None Available
Pietrowicz Steven B $381,000 None Available
Allen Hoyt Homes Inc $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mello Marsha $263,000
Previous Owner Matthews Emanuel L $275,793
Previous Owner Pietrowicz Steven B $304,768
Previous Owner Allen Hoyt Homes Inc $48,577
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2019 07/29/19 Sold $263,000 -5.1% $100 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $277,000 -10.6% $106 / Sq Ft
07/21/2015 07/21/15 Sold $310,000 0.0% $115 / Sq Ft View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $310,000 -- $115 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $2,219 $304,487 $0 $0
2024 $2,219 $304,487 $0 $0
2023 $2,219 $304,487 $0 $0
2022 $2,219 $304,487 $0 $0
2021 $2,779 $313,230 $0 $0
2020 $2,779 $313,230 $0 $0
2019 $2,764 $313,230 $0 $0
2018 $2,764 $313,230 $0 $0
2017 $2,764 $313,230 $0 $0
2016 $2,915 $330,840 $0 $0
2015 $2,915 $330,840 $0 $0
2014 $2,915 $330,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Longleaf Pine REALTORS®

MLS Number: 604244

Longleaf Pine REALTORS®

APN: 01053508 0100 39