NOT LISTED FOR SALE

7040 Pine Rd Sanford, NC 27332

Estimated Value: $251,000 - $273,000

3 Beds
2 Baths
1,386 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $250,000 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,600/month

3 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Deck
  • Gated Community
  • Clubhouse
  • Ranch Style House

About This Home

As of August 2024

Welcome Home! Carolina Trace is a highly sought after area because of it's strong community ties, great amenities and it's gated entrance. This is your opportunity to be a part of the Trace family!
This beautiful ranch has been well cared for and offers many recent updates. As soon as you walk in your future home, you are greeted by brand new LVP floors, fresh paint, and an openness that leads from the living room to the eating area to the kitchen. You'll enjoy laying down in your spacious primary bedroom that also provides plenty of room in your walk in closet. Your primary bath allows you to decide if it's a shower or a bath kind of night.
This home has been painted throughout the interior but also a fresh coat (and some board replacement) on the back porch. You'll enjoy entertaining on your wooded backyard that offers plenty of space to play, relax, or just soak up the beauty that Carolina Trace has to offer.
**Multiple Offers - Please submit all offers by 07/21/24 at 12:00PM

Last Agent to Sell the Property

Jonathan Szabady

Allen Tate / Durham License #325237 Listed on: 07/17/2024

Allen Tate / Durham

Last Buyer's Agent

Cassondra Liles

KW Realty Platinum License #197259

KW Realty Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 2003

Lot Details

  • 0.4 Acre Lot
  • Back and Front Yard

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • Private Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • J Glenn Edwards Elementary School
  • East Lee Middle School
  • Lee High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 966070400500

Community Details

Overview

  • Lakewood Poa, Phone Number (919) 499-2339
  • Carolina Trace Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Jogging Path
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Carolina Trace
  • Above Grade Finished Sq Ft: 1386.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-499-2339
  • Laundry Features In Hall: Yes
  • Foundation Details BrickMortar: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1386.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Main
  • Roof Architectural Shingle: Yes
  • Common Walls No Common Walls: Yes
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Acres: 0.4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Laminate Counters, Primary Downstairs, Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Security Features:Gated Community: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Architectural Shingle, Shingle
  • Acres: 0.4
  • Disclosures: Seller Disclosure
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 4.0
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Golf, Lake, Pool, Tennis Court(s)
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association Name: Lakewood POA
  • Phone: 919-499-2339
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lakewood POA
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Gated: Yes
  • Pool Features:Association: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 600.0
  • Association Amenities:Jogging Path: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Lee - Lee
  • Middle Or Junior School: Lee - East Lee

Lot Info

  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 966070400500

Tax Info

  • Tax Annual Amount: 1746.08
  • Tax Year: 2023

MLS Schools

  • Elementary School: Lee - J Glenn Edwards

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 12, 2024
Sold by
Kirk Kyle A and Kirk Laura G
Bought by
Allaire Eileen and Allaire Jason
Seller's Agent
Jonathan Szabady
Allen Tate / Durham
Buyer's Agent
Cassondra Liles
KW Realty Platinum
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Views
44
Current Estimated Value
$264,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,521
Avg. Annual Appreciation
4.82%
Original Mortgage
$187,500
Outstanding Balance
$185,411
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$79,110

Purchase Details

Closed on
Dec 15, 2022
Sold by
Kirk Kyle A and Kirk Laura G
Bought by
Kirk Kyle A and Kirk Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,999
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Jun 5, 2013
Sold by
Blakeley Anthony Scott and Blakeley Erin Leigh Matthews
Bought by
Kirk Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2010
Sold by
Beach Lamar and Beach Gladys
Bought by
Blakeley Anthony Scott and Blakeley Erin Matthews

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2003
Sold by
Brafford James R
Bought by
Thomas Kelly Renee

Purchase Details

Closed on
Oct 30, 2002
Sold by
Jennings William R
Bought by
Brafford James R
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
Allaire Eileen $250,000 None Listed On Document
Allaire Eileen $250,000 None Listed On Document
Kirk Kyle A -- --
Kirk Kyle A -- None Listed On Document
Kirk Kyle $131,000 None Available
Blakeley Anthony Scott $120,000 None Available
Thomas Kelly Renee $104,000 --
Brafford James R $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allaire Eileen $187,500
Closed Allaire Eileen $187,500
Previous Owner Kirk Kyle A $199,999
Previous Owner Kirk Kyle $133,800
Previous Owner Blakeley Anthony Scott $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $250,000 +2.0% $180 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $245,000 -- $177 / 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 $1,899 $230,000 $20,000 $210,000
2024 $1,818 $225,300 $20,000 $205,300
2023 $1,818 $225,300 $20,000 $205,300
2022 $1,137 $126,100 $15,000 $111,100
2021 $1,169 $126,100 $15,000 $111,100
2020 $1,176 $126,100 $15,000 $111,100
2019 $1,162 $126,100 $15,000 $111,100
2018 $1,220 $130,700 $20,000 $110,700
2017 $1,217 $130,700 $20,000 $110,700
2016 $1,213 $130,700 $20,000 $110,700
2014 $1,098 $130,700 $20,000 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10041776

Doorify MLS

APN: 9660-70-4005-00