NOT LISTED FOR SALE

282 Fairway Ln Sanford, NC 27332

Estimated Value: $1,101,000 - $1,337,138

4 Beds
4.5 Baths
5,357 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $967,500 $181 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,219/month

29 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Cathedral Ceiling
  • Gated with Attendant
  • Deck
  • Wood Flooring

About This Home

As of November 2020

Absolutely breath-taking 4BR, 4.5 BA lakefront home, majestically overlooking 18th fairway peninsula with unlimited amenities! Full-automation w/ recent ultra hi-end upgrades throughout, including completely hard-scaped grounds. Calacatta Ultra-Quartz surfaces in kitchen with breakfast nook and wrap around island, Built-in Bosch coffee maker, screened in back deck with built-in heaters, separate master bedroom balcony, massive walk-in closet off the master, jetted tub, walk-in shower and steam shower, library room, music room, fully climate controlled wine cellar and cigar lounge all in one home! House also sports 2 separate workshop areas, additional storage, screened sitting area off the basement with fireplace and decorative stamped concrete floor. Triple master-suite bedrooms each with their own walk-in closet. Wainscot foyer and formal dining room. 2 separate laundry rooms (1 for each floor). All this and the property is just a short walk or golf cart ride from the Club House!

Last Agent to Sell the Property

Cory Rushatz

EXP REALTY LLC License #280113 Listed on: 09/30/2020

EXP REALTY LLC

Last Buyer's Agent

Rebecca Smith

NON MEMBER COMPANY License #none

NON MEMBER COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,910

Year Built

  • Built in 1991

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 195 x 121
  • Waterfront
  • Sloped Lot
  • Cleared Lot
  • Property is in good condition
  • Zoning described as RR - Rural Residential

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Water
  • Golf Course

Home Design

  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 5,357 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 4 Fireplaces
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Electric Fireplace
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Secondary Bathroom Jetted Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • J. Glen Edwards Elementary School
  • East Lee Middle School
  • Lee County High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 9660-96-1571-00

Community Details

Overview

  • North Shore Association
  • Carolina Trace Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,910

Year Built

Built in 1991

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Lot Size: 195 X 121
  • Inclusions: Kitchen Appliances, Washer, Dryer, Other items negotiable.
  • Ownership: More than a year
  • Subdivision Name: CAROLINA TRACE
  • Directions: Located in lake/golf gated community of Carolina Trace. 2 mi S of Sanford on Rt. 87, turn L into Carolina Trace, proceed to security gate, L onto Traceway, proceed 1.5 mi, turn R onto Fairway Lane, proceed to cul de sac, property on L.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Electric, Gas Log, Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Other, Tile
  • Interior Amenities: Wet Bar, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Double Vanity, Entrance Foyer, Granite Counters, Jetted Tub, Kitchen Island, Master Downstairs, Other, See Remarks, Storage, Skylights, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Living Area: 5357.0
  • Window Features: Blinds, Insulated Windows, Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Partially Cleared
  • Topography: Sloping
  • View: Golf Course, Water
  • View: Yes
  • Exclusions: None
  • Home Warranty: No
  • Construction Type: Stone Veneer, Vinyl Siding
  • Exterior Features: Balcony, Deck, Porch
  • Patio And Porch Features: Balcony, Covered, Deck, Front Porch, Porch
  • Property Condition: Good Condition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Main Level, In Unit
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Community Pool, Golf, Gutter(s), Waterfront
  • Association Fee: 690.0
  • Association Fee Frequency: Annually
  • Association Name: North Shore
  • Association: Yes

Schools

  • Elementary School: J. Glen Edwards Elem
  • High School: Lee County High
  • Middle Or Junior School: East Lee Middle

Lot Info

  • Parcel #: 9660-96-1571-00
  • Zoning Description: RR - Rural Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 19, 2020
Sold by
Marsh William David and Marsh Alecia Renee
Bought by
Harris Gail W and Gail W Harris Revocable Living
Seller's Agent
Cory Rushatz
EXP REALTY LLC
Buyer's Agent
Rebecca Smith
NON MEMBER COMPANY
List Price
$1,095,000
Sold Price
$967,500
Premium/Discount to List
-$127,500
-11.64%
Total Days on Market
29
Current Estimated Value
$1,193,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,840
Avg. Annual Appreciation
4.52%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Borman Frederick P and Borman Donna M
Bought by
Mars William David and Mars Alecia Renee

Purchase Details

Closed on
Jun 13, 2003
Sold by
Mccormick Joan Z
Bought by
Borman Frederick P
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
Harris Gail W $967,500 None Available
Mars William David $550,000 --
Borman Frederick P $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh William David $450,000
Previous Owner Marsh William David $86,900
Previous Owner Marsh William David $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $967,500 -11.6% $181 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,095,000 -- $204 / 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
2024 $7,910 $997,400 $150,000 $847,400
2023 $7,873 $997,400 $150,000 $847,400
2022 $6,009 $694,100 $150,000 $544,100
2021 $6,139 $694,100 $150,000 $544,100
2020 $5,053 $561,700 $150,000 $411,700
2019 $4,991 $561,700 $150,000 $411,700
2018 $5,069 $562,200 $150,000 $412,200
2017 $4,709 $522,200 $150,000 $372,200
2016 $4,706 $522,200 $150,000 $372,200
2014 $4,254 $522,200 $150,000 $372,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 643138

Longleaf Pine REALTORS®

APN: 9660-96-1571-00