NOT LISTED FOR SALE

487 Cedar Lane Rd Sanford, NC 27332

Estimated Value: $343,489 - $375,000

3 Beds
2.5 Baths
1,873 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $200,000 $107 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,113/month

13 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of July 2018

This home is located at 487 Cedar Lane Rd, Sanford, NC 27332 since 30 May 2018 and is currently estimated at $359,372, approximately $191 per square foot. This property was built in 2005. 487 Cedar Lane Rd is a home located in Lee County with nearby schools including Greenwood Elementary School, Sanlee Middle School, and Southern Lee High School.

Last Agent to Sell the Property

TERESA WOLF

ERA Strother RE #5 License #186468 Listed on: 05/30/2018

ERA Strother RE #5

Last Buyer's Agent

TERESA WOLF

ERA Strother RE #5 License #186468 Listed on: 05/30/2018

ERA Strother RE #5

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 2005

Lot Details

  • 1.01

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,873 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Smoke Detectors
  • List Price per Sq Ft: 109.45
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 3
  • Sq Ft Heated: 1873.00
  • Total Heated Primary Separate Sq Ft: 1873.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Workshop
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 91.00
  • Lot Dimensions: 1.01

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 6, 2018
Sold by
Bennett Jeffrey W and Bennett Angela M
Bought by
Dillard Russell
Seller's Agent
TERESA WOLF
ERA Strother RE #5
Buyer's Agent
TERESA WOLF
ERA Strother RE #5
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$359,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,372
Avg. Annual Appreciation
8.17%
Original Mortgage
$206,600
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Oct 31, 2005
Sold by
Forbes Real Estate Corp
Bought by
Bennett Jeffrey W and Bennett Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,535
Interest Rate
5.71%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 2002
Sold by
Poindexter Charles
Bought by
Forbes Harvey S
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
Dillard Russell $200,000 None Available
Bennett Jeffrey W $174,000 None Available
Forbes Harvey S $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillard Russell $40,000
Open Dillard Russell $206,527
Closed Dillard Russell $206,600
Previous Owner Bennett Jeffrey W $165,800
Previous Owner Bennett Jeffrey W $179,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $200,000 0.0% $107 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $200,000 -- $107 / Sq Ft
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 $2,038 $268,200 $25,300 $242,900
2023 $2,022 $268,200 $25,300 $242,900
2022 $1,625 $188,100 $18,200 $169,900
2021 $1,676 $188,100 $18,200 $169,900
2020 $1,692 $188,100 $18,200 $169,900
2019 $1,692 $188,100 $18,200 $169,900
2018 $1,738 $183,000 $15,200 $167,800
2017 $1,727 $183,000 $15,200 $167,800
2016 $1,665 $183,000 $15,200 $167,800
2014 $1,525 $183,000 $15,200 $167,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    TERESA WOLF

    ERA Strother RE #5

    (919) 770-0364

    40 in this area

    169 Total Sales

    TERESA WOLF
    Section Image
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Map

Source: Hive MLS

MLS Number: 188652

Hive MLS

APN: 9529-54-2799-00

North Carolina Lee County Sanford 27332

487 Cedar Lane Rd, Sanford, NC

This home is located at 487 Cedar Lane Rd, Sanford, NC 27332 since 30 May 2018 and is currently estimated at $359,372, approximately $191 per square foot. This property was built in 2005. 487 Cedar Lane Rd is a home located in Lee County with nearby schools including Greenwood Elementary School, Sanlee Middle School, and Southern Lee High School.

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