NOT LISTED FOR SALE

427 Lakeshore Dr Fayetteville, NC 28305

Terry Sanford Neighborhood

Estimated Value: $216,000

0.5 Acre
$432,000 Price per Acre
21,780 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $152,500

Est. 42% increase in value since last sale

Current estimated payment $1,354/month

1,252 Days on Market

Highlights

  • Waterfront
  • Vanstory Hills Elementary School Rated 9+
  • Level Lot

About This Lot

As of March 2021

FOREST LAKES $210,000. Fantastic Lake Lot in Desirable Forest Lakes in neighborhood! 1 of 2 side-by-side lots being sold either together (for reduced price/the other lot is 421 Lakeshore Dr.) or separately. Almost half an acre with a gorgeous view of the lake. Dock conveys with lot. This lot could be the site of the home of your dreams!! (427L)

Last Agent to Sell the Property

MARYT REAVES

TOWNSEND REAL ESTATE License #272701 Listed on: 08/08/2017

Last Buyer's Agent

Gary Futch, CCIM

GRANT-MURRAY HOMES License #265136

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,917

Lot Details

  • Lot Dimensions are 100 x 194
  • Waterfront
  • Level Lot
  • Zoning described as R-12 - Residential District

Location

  • Flood Zone Lot

Schools

  • Max Abbott Middle School
  • Terry Sanford Senior High School

Community Details

  • Forest Lks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0427725929

Property Details

Property Type

Land

Est. Annual Taxes

$3,917

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size: 100 x 194
  • Road Surface Type: Paved
  • Inclusions: None
  • Ownership: More than a year
  • Subdivision Name: FOREST LKS
  • Directions: Raeford Road to Sylvan. Sylvan becomes Lakeshore and lot is on the left, across from the lake.
  • Garage Yn: No
  • New Construction: No
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No

Exterior Features

  • Lot Features: Flood Zone, 1/4 to 1/2 Acre Lot, Level
  • Topography: Level,Sloping
  • Exclusions: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s), Waterfront

Schools

  • High School: Terry Sanford Senior High
  • Middle Or Junior School: Max Abbott Middle School

Lot Info

  • Parcel #: 0427725929
  • Zoning Description: R-12 - Residential District
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Mar 1, 2021
Sold by
Brown Jack D and Brown Amanda H
Bought by
Frangos Ourania
Seller's Agent
MARYT REAVES
TOWNSEND REAL ESTATE
Buyer's Agent
Gary Futch, CCIM
GRANT-MURRAY HOMES
List Price
$152,500
Sold Price
$152,500
Current Estimated Value
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,500
Original Mortgage
$200,000
Outstanding Balance
$179,286
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2012
Sold by
Coleman Edith H
Bought by
Brown Jock D

Purchase Details

Closed on
Nov 7, 2001
Sold by
Caviness Land Dev Inc
Bought by
Coleman Ronald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,011
Interest Rate
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Frangos Ourania $305,000 None Available
Brown Jock D $215,000 --
Coleman Ronald K $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frangos Ourania $200,000
Previous Owner Coleman Ronald K $202,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $152,500 0.0% --
01/11/2021 01/11/21 Pending -- -- --
08/08/2017 08/08/17 For Sale $152,500 -- --
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
2022 $3,917 $301,648 $299,250 $2,398
2021 $3,917 $301,648 $299,250 $2,398
2019 $3,917 $301,648 $299,250 $2,398
2018 $3,917 $301,648 $299,250 $2,398
2017 $3,917 $301,648 $299,250 $2,398
2016 $3,742 $301,914 $299,250 $2,664
2015 $3,701 $301,914 $299,250 $2,664
2014 $3,701 $301,914 $299,250 $2,664
Source: Public Records

Agents Affiliated with this Home

  • MARYT REAVES

    Seller's Agent in 2021

    MARYT REAVES

    TOWNSEND REAL ESTATE

    (910) 987-1501

    53 in this area

    89 Total Sales

    MARYT REAVES
    Section Image
  • Gary Futch, CCIM

    Buyer's Agent in 2021

    Gary Futch, CCIM

    GRANT-MURRAY HOMES

    (910) 728-1420

    19 in this area

    186 Total Sales

    Gary Futch, CCIM
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 526053

Longleaf Pine REALTORS®

APN: 0427-72-5929

North Carolina Cumberland County Fayetteville 28305 Terry Sanford

427 Lakeshore Dr, Fayetteville, NC

Not Listed for Sale

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