$422,500
SOLD FEB 21, 2025

2528 Lakebay Rd Vass, NC 28394

12 Acres
$35,208 Price per Acre
522,720 Sq Ft Lot

Recently Sold

12% Below List Price

209 Days on Market

Highlights

  • Horses Allowed On Property
  • Farm
  • Wooded Lot
  • 12 Acre Lot
  • Wetlands on Lot
  • No HOA

About This Lot

As of February 2025

12 Acre Tract Available in Horse Country with Miles of Abundant Trails for Equine Riding and Carriage Driving linked to the Walthour Moss Foundation. Three Lots make up Horse Trail Place and share the responsibility of the private Deeded Easment. Lot has just been cleared of undergrowth and Mowed. Surrounded by Beautiful Horse Farms this is a great opportunity to build your Dream Farm. Private Well and Septic required. No city water or sewer to the property. Approximately 2 acres are wet at far end of the property. See Survey Map.

Last Agent to Sell the Property

Deborah Darby

Berkshire Hathaway HS Pinehurst Realty Group/PH License #250638 Listed on: 07/19/2024

Berkshire Hathaway HS Pinehurst Realty Group/PH

Last Buyer's Agent

Katherine Pfeiffer

Carolina Property Sales License #316977

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,434

Lot Details

  • 12 Acre Lot
  • Lot Dimensions are 978x235x489x363x870
  • Property fronts a private road
  • Property fronts an easement
  • Interior Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RE

Schools

  • Mcdeeds Creek Elementary School
  • Crain's Creek Middle School
  • Union Pines High School

Farming

  • Farm
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 20020661

Community Details

Overview

  • No Home Owners Association
  • Horse Country Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,434

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Horse Farm
  • Cobra Zone: No
  • Horses Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Deeded Right of Way, Private, Unpaved, See Remarks, Maintained, Easement
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 870

Utilities

  • Fuel Tank: None
  • Utilities: See Remarks

Association/Amenities

  • HOA: No

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 400.00
  • Lot Description: Farm, Wooded, Wetlands, Subdivision, Partially Cleared, Level, Interior Lot
  • Lot Dimensions: 978x235x489x363x870
  • Lot Number: 3
  • Lot Sq Ft: 522720.00
  • Plat Book: 8
  • Plat Page: 686
  • Special Assessments: NONE KNOWN
  • Zoning: RE
  • Acres: 12.00
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 37500.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Wooded, See Remarks, Level
  • Lot Number2: 3

Tax Info

  • Tax Identifier: 20020661
  • Tax Year: 2024
  • Total City Real Estate Property Tax: 275.84
  • Total Real Estate Property Taxes: 1434.39
  • Deferred Taxes: No

MLS Schools

  • Elementary School: McDeeds Creek Elementary
  • High School: Union Pines High
  • Middle School: Crain's Creek Middle
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Dec 30, 2024
Sold by
Landmark Farms & Livestock Llc
Bought by
Hopton Christopher Jason and Thompson-Hopton Molly Caddell
Seller's Agent
Deborah Darby
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Katherine Pfeiffer
Carolina Property Sales
List Price
$480,000
Sold Price
$422,500
Premium/Discount to List
-$57,500
-11.98%
Views
20
Current Estimated Value
$437,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,861
Original Mortgage
$762,504
Interest Rate
6.93%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 2, 2020
Closed on
Aug 12, 2021
Sold by
Fine Feathers Fleece & Foals Farm Llc
Bought by
Landmark Farms & Livestock Llc
Seller's Agent
Matthew Wimberly
Forest Land Realty
Buyer's Agent
Bill Sahadi
Fore Properties
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%

Purchase Details

Closed on
Jan 28, 2020
Sold by
Overton Patricia S
Bought by
Fine Feathers Fleece & Foals Farm Llc

Purchase Details

Closed on
Sep 7, 2017
Sold by
Scott Gail Sullivan and Scott Harry Randolph
Bought by
Overton Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,525
Interest Rate
3.89%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Deed $422,500 None Listed On Document
Deed $422,500 None Listed On Document
Warranty Deed $260,000 Lorenz & Creed Law Firm Pllc
Warranty Deed -- None Available
Warranty Deed $188,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $762,504 Construction
Previous Owner $122,525 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $422,500 -6.1% --
02/13/2025 02/13/25 Pending -- -- --
02/05/2025 02/05/25 Off Market $450,000 -- --
11/29/2024 11/29/24 Pending -- -- --
09/28/2024 09/28/24 Price Changed $450,000 -6.3% --
07/19/2024 07/19/24 For Sale $480,000 +84.6% --
08/25/2021 08/25/21 Sold $260,000 0.0% --
07/26/2021 07/26/21 Pending -- -- --
04/02/2020 04/02/20 For Sale $260,000 -- --
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 $1,371 $315,250 $315,250 $0
2023 $1,434 $315,250 $315,250 $0
2022 $1,458 $231,350 $231,350 $0
2021 $1,515 $231,350 $231,350 $0
2020 $1,492 $231,350 $231,350 $0
2019 $1,492 $231,350 $231,350 $0
2018 $1,211 $201,760 $201,760 $0
2017 $1,180 $201,760 $201,760 $0
2015 $1,140 $201,760 $201,760 $0
2014 $1,698 $300,000 $300,000 $0
2013 -- $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100456860

Hive MLS

APN: 9513-04-93-6267