NOT LISTED FOR SALE

277 Lake Point Sanford, NC 27332

Estimated Value: $833,000 - $922,517

4 Beds
3.5 Baths
4,343 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 20, 2023

Last sale price $835,000 $192 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,381/month

23 Days on Market

Highlights

  • Docks
  • Gated Community
  • Waterfront
  • Golf Course Community
  • Golf Course View
  • Open Floorplan

About This Home

As of May 2023

Located on the lake in the private golf community of Carolina Trace! Open concept with large tempered glass windows to give you a view of the lake the moment you walk in! New Dock and fully remodeled downstairs with workshop, additional laundry room, storage, and potential for a kitchenette. Double master suite bedrooms on the first floor with office, study, and wet bar. Screened balcony off the master and a large deck overviewing lake trace and the golf course! Your lakefront dream home is just one move away!

Last Agent to Sell the Property

Cory Rushatz

EXP REALTY LLC License #280113 Listed on: 04/01/2023

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,283

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Sloped Lot
  • Property is zoned RR - Rural Residential

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Golf Cart Garage

Interior Spaces

  • 4,343 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Storage
  • Golf Course Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 9660-97-1039-00

Community Details

Overview

  • North Shore Association
  • Carolina Trace Subdivision

Recreation

  • Golf Course Community

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,283

Year Built

Built in 2000

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Subdivision Name: Carolina Trace
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Source Community Water: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • Utilities Propane3: Yes
  • Laundry Features Inside: Yes
  • View Golf Course3: Yes
  • Security Features Security Guard: Yes
  • Lot Water Features Boat Dock2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Granite Counters, Open Floorplan, Storage, Walk-In Closet(s)
  • Basement: Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Total Bedrooms: 16
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement Finished: Yes
  • Community Features:Golf: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Open Floorplan: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Home Warranty: No
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Attached, Golf Cart Garage
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.5
  • Parking Features:Golf Cart Garage: Yes

Utilities

  • Utilities: Propane
  • Heating: Heat Pump
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Golf
  • Association Fee: 665.0
  • Association Fee Frequency: Annually
  • Association Name: North Shore
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: North Shore
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 665.0
  • General Property Information:Association Fee Frequency: Annually

Lot Info

  • Zoning: RR - Rural Residential
  • Parcel #: 9660-97-1039-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 17, 2023
Sold by
Sanders Gladys N and Sanders William N
Bought by
Ortiz Alex and Ortiz Lisa
Seller's Agent
Cory Rushatz
EXP REALTY LLC
List Price
$848,000
Sold Price
$835,000
Premium/Discount to List
-$13,000
-1.53%
Views
1
Current Estimated Value
$881,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,377
Avg. Annual Appreciation
2.32%
Original Mortgage
$835,000
Outstanding Balance
$815,801
Interest Rate
6.28%
Mortgage Type
VA
Estimated Equity
$63,446

Purchase Details

Closed on
Nov 5, 2015
Sold by
Sanders Robert B and Sanders Gladys N
Bought by
Sanders Robert B and Sanders Gladys N

Purchase Details

Closed on
Oct 8, 2014
Sold by
Johnson Robert P and Johnson Jane Ann B
Bought by
Sanders Robert B and Sanders Gladys N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.29%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Ortiz Alex $835,000 None Listed On Document
Sanders Robert B -- None Available
Sanders Robert B $567,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Alex $835,000
Previous Owner Sanders Robert B $460,000
Previous Owner Sanders Robert B $64,500
Previous Owner Sanders Robert B $60,000
Previous Owner Sanders William N $25,000
Previous Owner Sanders Robert B $417,000
Previous Owner Johnson Robert P $200,000
Previous Owner Johnson Robert P $50,000
Previous Owner Johnson Robert P $176,705
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2023 05/20/23 Sold $835,000 -1.5% $192 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $848,000 -- $195 / 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 $6,283 $797,900 $150,000 $647,900
2023 $6,369 $803,300 $150,000 $653,300
2022 $4,446 $509,200 $150,000 $359,200
2021 $4,587 $509,200 $150,000 $359,200
2020 $4,639 $509,200 $150,000 $359,200
2019 $4,583 $509,200 $150,000 $359,200
2018 $4,704 $515,300 $150,000 $365,300
2017 $4,698 $515,300 $150,000 $365,300
2016 $4,662 $512,000 $150,000 $362,000
2014 $4,094 $496,800 $150,000 $346,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cory Rushatz

    EXP REALTY LLC

    (919) 343-8493

    76 in this area

    81 Total Sales

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Map

Source: Doorify MLS

MLS Number: LP701361

Doorify MLS

APN: 9660-97-1039-00

North Carolina Lee County Sanford 27332

277 Lake Point, Sanford, NC

This home is located at 277 Lake Point, Sanford, NC 27332 since 01 April 2023 and is currently estimated at $891,879, approximately $205 per square foot. This property was built in 2000. 277 Lake Point is a home located in Lee County with nearby schools including J. Glenn Edwards Elementary School, East Lee Middle School, and Lee County High School.

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