NOT LISTED FOR SALE

2510 Lakebay Rd Vass, NC 28394

Estimated Value: $1,386,365

3 Beds
2.5 Baths
2,720 Sq Ft
$510/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $1,337,000 $492 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,928/month

21 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Deck
  • Horses Allowed On Property
  • Second Garage
  • Wood Flooring

About This Home

As of August 2023

100% Turn key horse farm in the heart of horse country. The open floor plan offers a large owners suite with 2 large walk in closets and a large bathroom. A modern gourmet kitchen and great room giveways to a fully screened deck with spectacular views of the back pastures and pond. The barn features large stalls with 5' cinderblock walls and metal grates with heavy duty european style stall fronts. A large indoor wash stall, a climate controlled tackroom, a feed room and a flex space all add to the thoughtful design. At the end of the barn is a 1 bedroom 1 bathroom 1040 sqft. apartment, perfect for guests or farmhand or has the potential of producing income as a rental or Airbnb. The detached garage has more than enough room for all the tools and equipment needed to keep the farm running. 3 large pastures all fenced in post a rail fence and are in excellent condition, each pasture also has a nelson waterer, so you will never be dragging hoses or lugging water buckets. Add to this a beautifully landscaped pool, access to the Walthour-Moss Foundation, a whole house generator, Starlink internet, a fly misting system and you can see how no stone was left unturned. An estate sale will be held July 7,8,9 offering many of the furnishings as well as equipment. If a buyer has had an offer accepted prior to that sale they will be given the opportunity to purchase anything in the sale on July 6.

Last Agent to Sell the Property

David O'Brien

Heart of Carolina Real Estate License #284534 Listed on: 05/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,360

Year Built

  • Built in 2011

Lot Details

  • 12 Acre Lot
  • Lot Dimensions are 342.07x553.08x767.62x321.99x1093.7x660.91
  • Split Rail Fence
  • Wood Fence
  • Property is zoned RE

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • 1 Fireplace
  • Combination Dining and Living Room
  • Kitchen Island
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bedroom Suite
  • In-Law or Guest Suite
  • Walk-in Shower

Attic

  • Attic Fan
  • Attic Floors
  • Pull Down Stairs to Attic

Parking

  • 3 Car Detached Garage
  • Second Garage
  • Gravel Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Vass Lakeview Elementary School
  • Crain's Creek Middle School
  • Union Pine High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Horses Allowed On Property
  • Tack Room
  • Trailer Storage
  • Hay Storage
  • Riding Trail

Utilities

  • Central Air
  • Heat Pump System
  • Whole House Permanent Generator
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 20020662

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,360

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2011
  • Horses Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Stairs - Pull Down
  • Basement: Other
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Apt/Suite, Bookcases, In-Law Quarters, Kitchen Island, Pantry, Walk-in Shower, Walk-In Closet, Whole-Home Generator
  • List Price per Sq Ft: 512.87
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2720.00
  • Total Heated Primary Separate Sq Ft: 2720.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Exterior Structures: Second Garage
  • Fencing: Split Rail, Wood
  • Foundation: Block
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Deck, Screened
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle, Metal
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Gravel

Utilities

  • Cooling System: Attic Fans, Central, Heat Pump
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Moore County Public Works
  • Utilities: Municipal Water, Septic On Site
  • Internet Service Provider: Star Link
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 70.00
  • Lot Acres: 12.00
  • Lot Description: Horse Farm
  • Lot Dimensions: 342.07x553.08x767.62x321.99x1093.7x660.91
  • Lot Number: 2
  • Lot Sq Ft: 522720.00
  • Plat Book: 8
  • Plat Page: 686
  • Zoning: RE
  • Horse Amenities: Barn, Hay Storage, Pasture, Riding Trail, Tack Room, Trailer Storage, Wash Rack

Tax Info

  • Tax Identifier: 20020662
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 4359.66

MLS Schools

  • Elementary School: Vass Lakeview
  • High School: Union Pine
  • Middle School: Crain's Creek
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 12, 2023
Sold by
Williams Mattea Jo
Bought by
Cutting Robert E and Cutting Shari L
Seller's Agent
David O'Brien
Heart of Carolina Real Estate
List Price
$1,395,000
Sold Price
$1,337,000
Premium/Discount to List
-$58,000
-4.16%
Views
13
Current Estimated Value
$1,386,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,365
Avg. Annual Appreciation
-6.16%
Original Mortgage
$400,000
Outstanding Balance
$391,442
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$784,361

Purchase Details

Closed on
Jun 10, 2005
Sold by
Sullivan Wimberly Erin
Bought by
Williams Timothy M and Williams Elizabeth Ann
Source: Public Records

Range of Values:

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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
Cutting Robert E $1,337,000 None Listed On Document
Williams Timothy M -- None Listed On Document
Williams Timothy M $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutting Robert E $400,000
Previous Owner Williams Timothy M $458,000
Previous Owner Williams Timothy M $108,689
Previous Owner Williams Timothy M $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $1,337,000 -4.2% $492 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $1,395,000 -- $513 / 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 $4,057 $932,550 $315,250 $617,300
2023 $4,243 $932,550 $315,250 $617,300
2022 $4,360 $692,010 $231,350 $460,660
2021 $4,533 $692,010 $231,350 $460,660
2020 $4,463 $613,310 $231,350 $381,960
2019 $4,463 $692,010 $231,350 $460,660
2018 $3,902 $650,290 $201,760 $448,530
2017 $3,804 $650,290 $201,760 $448,530
2015 $3,674 $650,290 $201,760 $448,530
2014 $4,626 $817,300 $325,000 $492,300
2013 -- $817,300 $325,000 $492,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100387251

Hive MLS

APN: 9513-04-92-6553