NOT LISTED FOR SALE

550 E Lake Ridge Rd Raeford, NC 28376

Raeford Area

Estimated Value: $338,000 - $373,819

3 Beds
2.5 Baths
2,316 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2021

Last sale price $260,000 $112 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,126 / mo

6 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • No HOA
  • Above Ground Pool
  • Main Floor Primary Bedroom
  • Screened Porch

About This Home

As of August 2021

The house with it all! This home sits on just under an acre lot. The yard features extra storage and an above ground pool with large deck. The home features a large screened porch for all your entertaining and enjoyment. Inside the home has 3 bedrooms on the main floor which includes the main bedroom with en-suite that features double vanities and large garden tub with separate shower. Upstairs has another large bedroom, extra large bonus room, and half bathroom. The main living area is large enough for that extra large couch and furniture! This home has it all including the rocking chair front porch!

Last Agent to Sell the Property

Megan Gerber

RE/MAX CHOICE License #258742 Listed on: 06/24/2021

RE/MAX CHOICE

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Screened Porch
  • Water Views
  • Crawl Space
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Separate Shower

Outdoor Features

  • Above Ground Pool
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 494840401159

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.8 Acres

Parking

2

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Pool Features Above Ground: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Laundry Features Inside: Yes
  • General Property Information Building Project Name3: SHOWINGS START SATURDAY 6/2610AM CLOSING DATE NO EARLIER THAN 8/18 WITH POSSIBILITY OF EARLIER CLOSING DATE (BASED ON TRANSPORTATION)
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, Primary Downstairs, Separate Shower
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Prefabricated
  • Fireplaces: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Storage
  • Fencing: Fenced
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Front Porch, Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: 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

  • Heating: Heat Pump
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 494840401159

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 26, 2021
Sold by
Bought by
Seller's Agent
Megan Gerber
RE/MAX CHOICE
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Current Estimated Value
$353,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,955
Avg. Annual Appreciation
6.44%
Original Mortgage
$262,626
Outstanding Balance
$233,700
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,255

Purchase Details

Listed on
Apr 1, 2018
Closed on
Aug 10, 2018
Sold by
Bought by
Seller's Agent
BRANDON PURDEU
BELL MANLEY REAL ESTATE
Buyer's Agent
Megan Gerber
RE/MAX CHOICE
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$211,765
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 24, 2015
Sold by
Bought by
Seller's Agent
Melissa McKinney
EVERYTHING PINES PARTNERS-FAYETTEVILLE
Buyer's Agent
THE ROCKEL GROUP
KELLER WILLIAMS REALTY (FAYETTEVILLE)
List Price
$192,000
Sold Price
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$196,128
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Mar 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,337
Interest Rate
6.23%
Mortgage Type
VA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Raeford, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 Joeckel Jenny
$205,000 None Available
$192,000 None Available
$178,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $262,626
Previous Owner $211,765
Previous Owner $196,128
Previous Owner $182,337
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2021 08/26/21 Sold $260,000 +2.0% $112 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $255,000 +24.4% $110 / Sq Ft
08/15/2018 08/15/18 Sold $205,000 0.0% $87 / Sq Ft View Prior Sale
07/16/2018 07/16/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $205,000 +6.8% $87 / Sq Ft
06/26/2015 06/26/15 Sold $192,000 0.0% $81 / Sq Ft View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $192,000 -- $81 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,165 $248,170 $40,000 $208,170
2024 $2,165 $248,170 $40,000 $208,170
2023 $2,165 $248,170 $40,000 $208,170
2022 $2,124 $248,170 $40,000 $208,170
2021 $1,803 $203,290 $29,000 $174,290
2020 $1,836 $203,290 $29,000 $174,290
2019 $1,836 $203,290 $29,000 $174,290
2018 $1,836 $203,290 $29,000 $174,290
2017 $1,836 $203,290 $29,000 $174,290
2016 $1,801 $203,290 $29,000 $174,290
2015 $1,801 $203,290 $29,000 $174,290
2014 $1,777 $203,290 $29,000 $174,290
2013 -- $178,640 $26,000 $152,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP661211

Doorify MLS

APN: 494840401159

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