NOT LISTED FOR SALE

550 Ivy Cir Vass, NC 28394

Estimated Value: $376,000 - $421,919

3 Beds
2 Baths
1,784 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $365,000 $205 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,344/month

38 Days on Market

Highlights

  • Docks
  • Waterfront
  • Wood Flooring
  • Gated Community
  • Deck
  • Granite Countertops

About This Home

As of March 2023

Come see this beautiful 3 Bedroom, 2 bath, Waterfront home with breathtaking views. The exterior of this beautiful home features a Carolina room that leads out to a large deck, perfect for entertaining. The home comes with newly refinished LVT flooring in the home. The kitchen also features new granite countertops with newly refinished slow close cabinets. Another great perk is the master bedroom and bathroom upstairs design, in an open loft setting. This home is remarkable and cannot be described in words alone, it is a must-see today!!Located in a 24-hour secured gated community of Woodlake. Just a short drive to Ft. Bragg, Fayetteville, and Raleigh/ Durham areas. Home to a beautiful gated community with plans underway to restore the lake (Government funding has been approved by Gov. Roy Cooper.) The time line for reopening the golf course is June 2023 ***The Lake Resort Properties does not hold trust monies. The money is to be held by the Buyer's attorney***

Last Agent to Sell the Property

Jim Horne

THE LAKE RESORT PROPERTIES License #194698 Listed on: 01/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,511

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 00044107

Community Details

Overview

  • Woodlake Poa
  • Woodlake Subdivision

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,511

Year Built

Built in 1987

Lot Details

0

HOA Fees

$59 per month

Parking

1

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Woodlake
  • 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
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • Fencing Partial2: Yes
  • Security Features Security Guard: Yes
  • Lot Water Features Boat Dock2: Yes
  • Lot Water Features Bulkhead: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Living/Dining Room Combination, Storage, Walk-In Closet(s), Walk-In Shower
  • Appliances: Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Convection Oven: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Playground, Storage
  • Fencing: Partial
  • Home Warranty: No
  • Patio And Porch Features: Covered, Deck, Front Porch, Other
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Playground3: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Cleared: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 711.95
  • Association Fee Frequency: Annually
  • Association Name: Woodlake POA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Woodlake POA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 711.95
  • General Property Information:Association Fee Frequency: Annually

Lot Info

  • Parcel #: 00044107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 8, 2023
Sold by
Walter E Thomas Living Trust
Bought by
Helms Dennis Keith and Helms Ashley Helena
Seller's Agent
Jim Horne
THE LAKE RESORT PROPERTIES
List Price
$369,500
Sold Price
$365,000
Premium/Discount to List
-$4,500
-1.22%
Views
69
Current Estimated Value
$405,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,230
Avg. Annual Appreciation
4.25%
Original Mortgage
$373,396
Outstanding Balance
$362,433
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$42,797

Purchase Details

Listed on
Nov 11, 2021
Closed on
Oct 20, 2021
Sold by
Oneil Thomas F and Oneil Noriko
Bought by
Thomas Walter E and The Walter E Thomas Living Tru
Seller's Agent
Jim Horne
The Lake Resort Properties
Buyer's Agent
Jim Horne
The Lake Resort Properties
Sold Price
$1,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
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
Helms Dennis Keith $365,000 --
Thomas Walter E $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helms Dennis Keith $373,396
Previous Owner Thomas Walter E $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $365,000 -1.2% $205 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $369,500 0.0% $207 / Sq Ft
11/17/2021 11/17/21 Rented $1,600 0.0% --
11/11/2021 11/11/21 For Rent $1,600 -- --
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
2024 $1,511 $347,430 $120,000 $227,430
2023 $1,581 $347,430 $120,000 $227,430
2022 $1,110 $176,140 $25,000 $151,140
2021 $1,154 $176,140 $25,000 $151,140
2020 $1,136 $175,800 $25,000 $150,800
2019 $1,136 $176,140 $25,000 $151,140
2018 $993 $259,350 $96,000 $163,350
2017 $1,136 $259,350 $96,000 $163,350
2015 $1,465 $259,350 $96,000 $163,350
2014 $1,674 $295,770 $116,000 $179,770
2013 -- $295,770 $116,000 $179,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP696700

Doorify MLS

APN: 9543-05-09-5794