NOT LISTED FOR SALE

488 Cape Fear Rd Raeford, NC 28376

Estimated Value: $275,000 - $288,325

3 Beds
2.5 Baths
1,817 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $225,000 $124 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,628/month

3 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Separate Shower in Primary Bathroom

About This Home

As of November 2021

Check out these beautiful bamboo floors and butcher-block countertops!!!! This 3 BR, 2.5 bath home features an open concept living area w/an office/study at the front of the house and all BR upstairs. Beautiful bamboo flooring throughout the living areas & beautiful tile in kitchen and bathrooms. The kitchen, which features custom made butcher-block counters & SS appliances, opens up and overlooks the Livingroom with fireplace. Downstairs you also have an eat-in-kitchen, pantry, laundry-room and half bath. All 3 BR & 2 full baths are upstairs. The master bedroom features custom designed closet that is a must see. The master bath features a separate shower, garden tub, and double vanity. Enjoy your evenings out back in your fully fenced yard (property extends beyond fencing) and don't forget your shed (on a cement slab). Let's not forget the garage that has been updated with additional subpanel for added 110 and 240 outlets plus an AC!! Don't wait and schedule your showing today.

Last Agent to Sell the Property

WAYNE WHEELER

REALTY ONE GROUP LIBERTY License #294857 Listed on: 10/07/2021

REALTY ONE GROUP LIBERTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 2009

Lot Details

  • 0.38 Acre Lot
  • Privacy Fence
  • Cleared Lot
  • Property is zoned RA-20 - Residential Agric

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Wood Flooring
  • Home Security System
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio
  • Playground

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Propane

Community Details

  • No Home Owners Association
  • Riverbrooke Subdivision

Listing and Financial Details

  • Assessor Parcel Number 694441001037

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,885

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2009
  • Prop. Type: Residential
  • Subdivision Name: Riverbrooke
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Cooling:Electric: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Partially Cleared: Yes
  • Flooring Wood: Yes
  • Security Features Security System: Yes
  • Fencing Privacy: Yes
  • General Property Information Carport YN: No
  • Utilities Propane3: Yes
  • General Property Information Lot Size Square Feet2: 16552.8
  • General Property Information Building Project Name3: EMD to Closing attorney. Rear of property is within 100 yr flood plain; however the house is not and the owners have never had to carry flood insurance.
  • General Property Information Lot Size Acres: 0.38
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood, Other
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Separate Shower
  • Appliances: Dishwasher, Microwave, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Exterior Features: Playground
  • Fencing: Privacy
  • Acres: 0.38
  • Home Warranty: No
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Playground3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Propane
  • Heating: Forced Air, Heat Pump, Zoned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Zoning: RA-20 - Residential Agric
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 694441001037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 8, 2021
Sold by
Merzke Michael A and Merzke Kelly M
Bought by
Lei Daisy
Seller's Agent
WAYNE WHEELER
REALTY ONE GROUP LIBERTY
List Price
$210,000
Sold Price
$225,000
Premium/Discount to List
$15,000
7.14%
Current Estimated Value
$280,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,581
Avg. Annual Appreciation
5.78%
Original Mortgage
$180,000
Outstanding Balance
$164,639
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$115,942

Purchase Details

Closed on
Aug 26, 2009
Sold by
H And H Constructors Inc
Bought by
Merzke Michael A and Merzke Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,539
Interest Rate
5.11%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lei Daisy $225,000 None Available
Merzke Michael A $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Daisy $180,000
Previous Owner Merzke Michael A $176,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2021 11/16/21 Sold $225,000 +7.1% $124 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $210,000 -- $116 / 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
2025 $1,885 $211,480 $22,000 $189,480
2024 $1,885 $211,480 $22,000 $189,480
2023 $1,885 $211,480 $22,000 $189,480
2022 $1,850 $211,480 $22,000 $189,480
2021 $1,106 $162,140 $22,000 $140,140
2020 $1,490 $162,140 $22,000 $140,140
2019 $1,490 $162,140 $22,000 $140,140
2018 $1,490 $162,140 $22,000 $140,140
2017 $1,490 $162,140 $22,000 $140,140
2016 $1,463 $162,140 $22,000 $140,140
2015 $1,463 $162,140 $22,000 $140,140
2014 $1,440 $162,140 $22,000 $140,140
2013 -- $151,270 $26,000 $125,270
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    WAYNE WHEELER

    REALTY ONE GROUP LIBERTY

    (910) 286-4907

    66 Total Sales

    WAYNE WHEELER
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: LP670048

Doorify MLS

APN: 694441001037

North Carolina Hoke County Raeford 28376

488 Cape Fear Rd, Raeford, NC

This home is located at 488 Cape Fear Rd, Raeford, NC 28376 since 07 October 2021 and is currently estimated at $280,581, approximately $154 per square foot. This property was built in 2009. 488 Cape Fear Rd is a home located in Hoke County with nearby schools including Scurlock Elementary School, West Hoke Middle, and Hoke County High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes