NOT LISTED FOR SALE

283 Fairway Ln Sanford, NC 27332

Estimated Value: $503,000 - $759,567

3 Beds
3.5 Baths
2,807 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $250,000 $89 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,891/month

125 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Waterfront
  • Gated with Attendant
  • Golf Course View
  • Ranch Style House

About This Home

As of August 2016

-True executive level, one of a kind lake front home with an attached, covered, screened, heated pool, a mile view of Lake Trace as well as the 18th fairway & 18th green of 1 of 2 Robert Trent Jones, Sr. golf courses. 3 BR, 3.5 BA with his and her office/studies or could be two more BRs. Huge eat-in kitchen with large work island opens to pool, large walk-in pantry/laundry room, and sauna in half BA. Formal DR and LR have spectacular water and golf views. A must see for the discriminating buyer.

Last Agent to Sell the Property

AL RUSHATZ

CAROLINA TRACE GATED PROPERITES LLC License #164086 Listed on: 04/17/2016

Last Buyer's Agent

AL RUSHATZ

CAROLINA TRACE GATED PROPERITES LLC License #164086 Listed on: 04/17/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,946

Year Built

  • Built in 1885

Lot Details

  • Waterfront
  • Street terminates at a dead end
  • Property is in good condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 2,807 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Formal Dining Room
  • Golf Course Views
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Porch

Schools

  • J. Glen Edwards Elementary School
  • East Lee Middle School
  • Lee Co Schools High School

Utilities

  • Heat Pump System
  • Private Sewer

Listing and Financial Details

  • Exclusions: -n/a
  • Home warranty included in the sale of the property
  • Assessor Parcel Number 966096240000

Community Details

Overview

  • Carolina Trace Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,946

Year Built

Built in 1885

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Inclusions: -Kitchen refrigerator, freezer, washer & dryer
  • Ownership: More than a year
  • Subdivision Name: CAROLINA TRACE
  • Directions: -Located on the lake in Carolina Trace, enter in Carolina Trace, turn L, go 1.3 miles to Fairway Lane, turn R, property on cul de sac.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1885
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Master Downstairs, Walk-In Closet(s)
  • Living Area: 2807.0

Exterior Features

  • Lot Features: <1 Acre, Dead End
  • Pool Features: In Ground, Pool
  • View: Golf Course
  • View: Yes
  • Exclusions: -n/a
  • Home Warranty: Yes
  • Construction Type: Brick Veneer, Frame
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Good Condition

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Gated Community, Smoke Detector(s)
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Golf, Gated, Waterfront
  • Association Fee: 505.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 966096240000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2016
Closed on
Aug 26, 2016
Sold by
Wright Robert P
Bought by
Marsh William David and Marsh Alecia Renee
Seller's Agent
AL RUSHATZ
CAROLINA TRACE GATED PROPERITES LLC
Buyer's Agent
AL RUSHATZ
CAROLINA TRACE GATED PROPERITES LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$630,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,652
Avg. Annual Appreciation
10.85%
Original Mortgage
$212,500
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Marsh William David $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh William David $652,000
Closed Marsh William David $442,425
Closed Marsh William David $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $250,000 0.0% $89 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $250,000 -- $89 / 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 $4,946 $616,500 $150,000 $466,500
2023 $4,921 $616,500 $150,000 $466,500
2022 $4,112 $469,700 $150,000 $319,700
2021 $4,241 $469,700 $150,000 $319,700
2020 $4,288 $469,700 $150,000 $319,700
2019 $4,112 $455,600 $150,000 $305,600
2018 $4,173 $455,800 $150,000 $305,800
2017 $4,168 $455,800 $150,000 $305,800
2016 $4,148 $454,400 $150,000 $304,400
2014 $3,752 $454,400 $150,000 $304,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 464815

Longleaf Pine REALTORS®

APN: 9660-96-2400-00