NOT LISTED FOR SALE

518 Chris Cole Rd Sanford, NC 27332

Estimated Value: $878,000 - $918,389

5 Beds
5 Baths
4,879 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $595,000 $122 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,289/month

44 Days on Market

Highlights

  • Indoor Pool
  • Contemporary Architecture
  • Wood Flooring
  • 5 Acre Lot
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of January 2021

Looking for space inside and out? This one of a kind 5000+ sq ft home sits on 5 acres in West Sanford area. Located just off US Hwy 1 makes commuting to Raleigh, FT Bragg or Southern Pines a breeze. You'll be greeted with a formal foyer that leads to a formal living and dining with beautiful hardwood floors. Prepare to be wowed when you walk into the family/rec room with brick floors and wooden walls and 2 ft vaulted wooden ceilings. At night there is accent lighting that makes the room glow with beauty. Lots of windows to look out a the beautiful oasis with inground pool, hot tub, palm tree and horses in the distance. Spacious kitchen with granite countertops, stainless appliances, large island and breakfast area with lots of windows to continue the view. 5 Bedrooms with master down plus 3rd floor bonus. two bedrooms have a full size bathroom. Master has cathedral ceiling, walkin with custom built shelving, jetted tub and tiled shower. a Large unfinished room +3car garage.

Last Agent to Sell the Property

Sherry Arnold

RE/MAX SOUTHERN PROPERTIES LLC. License #226688 Listed on: 10/15/2020

RE/MAX SOUTHERN PROPERTIES LLC.

Last Buyer's Agent

Andree Freeman

MANNING REALTY License #267694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1981

Lot Details

  • 5 Acre Lot
  • Fenced Yard
  • Level Lot
  • Property is in good condition

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Veneer

Interior Spaces

  • 4,879 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Stoop

Schools

  • Lee Co Schools Elementary School
  • Sanlee Middle School
  • Southern Lee High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: propane tank leased
  • Assessor Parcel Number 9620-97-9078-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Surface Type: Paved
  • Inclusions: refrigerator
  • Ownership: More than a year
  • Subdivision Name: NONE
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Brick, Hardwood, Tile, Carpet
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Double Vanity, Entrance Foyer, Separate/Formal Living Room, Granite Counters, Hot Tub/Spa, Jetted Tub, Kitchen Exhaust Fan, Kitchen Island, Master Downstairs, Other, See Remarks, Storage, Separate Shower, Sun Room, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 4879.0
  • Window Features: Blinds, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Full, Yard Fenced
  • Lot Features: 5-10 Acres, Level
  • Pool Features: Indoor, In Ground, Pool
  • Topography: Level,Pasture
  • Exclusions: propane tank leased
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Fully Fenced, Fence, Hot Tub/Spa, Porch, Propane Tank - Leased, Patio, Storage
  • Patio And Porch Features: Covered, Patio, Stoop
  • Property Condition: Good Condition

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lee Co Schools
  • High School: Southern Lee High
  • Middle Or Junior School: Sanlee Middle School

Lot Info

  • Parcel #: 9620-97-9078-00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2017
Sold by
Hayes Elaine D and Williams Judith Helen
Bought by
Davis Robert R
Current Estimated Value
$901,463

Purchase Details

Closed on
Jan 2, 2007
Sold by
Mahaffey Mark A and Mahaffey Karen W
Bought by
Davis Robert R and Davis Paige D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2003
Sold by
Crowgey James L
Bought by
Mahaffey Mark A
Source: Public Records

Range of Values:

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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
Davis Robert R $121,000 None Available
Davis Robert R $465,000 None Available
Mahaffey Mark A $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight James Clifton $535,500
Previous Owner Davis Robert Reed $100,000
Previous Owner Davis Robert R $265,000
Previous Owner Mahaffey Mark A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $595,000 +164.6% $122 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $224,900 -- $46 / 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 $4,980 $659,900 $95,500 $564,400
2023 $4,941 $659,900 $95,500 $564,400
2022 $4,746 $557,200 $75,300 $481,900
2021 $4,997 $568,500 $75,300 $493,200
2020 $5,059 $568,500 $75,300 $493,200
2019 $5,059 $568,500 $75,300 $493,200
2018 $4,593 $503,400 $70,300 $433,100
2017 $4,572 $503,400 $70,300 $433,100
2016 $4,545 $503,400 $70,300 $433,100
2014 $4,163 $503,400 $70,300 $433,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longleaf Pine REALTORS®

MLS Number: 644894

Longleaf Pine REALTORS®

APN: 9620-97-9078-00