NOT LISTED FOR SALE

7400 Lancaster Store Rd Spring Hope, NC 27882

Estimated Value: $870,078 - $945,000

3 Beds
3.5 Baths
5,157 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $875,000 $170 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,457/month

36 Days on Market

Highlights

  • Home Theater
  • ENERGY STAR Certified Homes
  • Great Room with Fireplace
  • Two Primary Bedrooms
  • Secluded Lot
  • Wooded Lot

About This Home

As of July 2023

9 ACRE COUNTRY ESTATE with easy commute to Raleigh, Hwy 64/I95. Over 5000 sq. ft. of living space built with all of the high end finishes you would expect in a house of this caliber. The thoughtful design captures the wonderful views of the fully stocked pond and tasteful landscaping. The property is surrounded by trees to offer privacy & tranquility with multiple viewing options, from both levels, such as a sunroom, screened in porch, patio and covered balcony. As well as the attached 2 car garage there is a heated DETACHED 3 CAR GARAGE with a car lift, work benches, bathroom & perm. stairs to unfinished space (prewired). The home features a gym (some equipment stays), media room, bonus/game room with a wet bar & wine cooler and an handsome office with rich built-in cabinetry which can easily accommodate 2 people. ALL BEDROOMS HAVE ENSUITE BATHROOMS. Some additional features include instant hot water at every sink, automated hurricane shutters, whole house GENERATOR, surround sound & central vac. Immaculately maintained! Washer, dryer & refrigerator convey.

Last Agent to Sell the Property

Kay Owens

1st Class Real Estate Triangle License #273574 Listed on: 11/19/2022

1st Class Real Estate Triangle

Last Buyer's Agent

Jeff Stone

Coldwell Banker HPW License #342969

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 2009

Lot Details

  • 9.05 Acre Lot
  • Landscaped
  • Secluded Lot
  • Wooded Lot
  • Property is zoned A1

Parking

  • 5 Car Garage
  • Parking Pad
  • Workshop in Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Radon Mitigation System

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Great Room with Fireplace
  • 2 Fireplaces
  • Home Theater
  • Home Office
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Home Gym
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

Home Security

  • Home Security System
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Certified Homes
  • Solar Water Heater

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Rain Gutters

Schools

  • Spring Hope Elementary School
  • Southern Nash Middle School
  • Southern Nash High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Floor Furnace
  • Power Generator
  • Well
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,708

Year Built

Built in 2009

Lot Details

0

Parking

5

Listing Details

  • Year Built: 2009
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2881.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 363.0
  • General Property Information Total Unfinished Area2: 363.0
  • General Property Information Lot Size Dimensions: irregular
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bonus Room: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Room Types Workshop2: Yes
  • Basement Heated3: Yes
  • Water Softeners: Yes
  • Interior Features Second Primary Bedroom: Yes
  • Room Types Media Room: Yes
  • Room Types Exercise Room: Yes
  • Interior Features Radon Mitigation: Yes
  • General Property Information Above Grade Finished Area: 2881.0
  • General Property Information Below Grade Finished Area: 2276.0
  • General Property Information Carport YN: No
  • Other Equipment Generator: Yes
  • General Property Information Lot Size Square Feet2: 394218.0
  • General Property Information Lot Size Acres: 9.05
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Radon Mitigation, Second Primary Bedroom, Separate Shower, Smart Home, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Water Closet, Wet Bar, Wired for Sound
  • Basement: Exterior Entry, Finished, Full, Heated
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Range Hood, Refrigerator, Solar Hot Water, Tankless Water Heater, Wall Oven, Washer, Water Purifier, Water Softener
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2276.0
  • Fireplace Features: Basement, Great Room, Insert, Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Wired for Sound: Yes
  • Basement Finished: Yes
  • Fireplace Features:Basement: Yes
  • Appliances:Water Purifier: Yes
  • Full Basement: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Smart Home: Yes
  • Appliances:Solar Hot Water: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Acres: 9.05
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Secluded: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Concrete, Detached, Driveway, Garage, Parking Pad, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 5.0

Utilities

  • Heating: Electric, Floor Furnace, Forced Air, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Nash - Southern Nash
  • Middle Or Junior School: Nash - Southern Nash

Lot Info

  • Zoning: A1
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 394218.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Contaminant Control

Tax Info

  • Tax Annual Amount: 2708.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Nash - Spring Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Jun 28, 2023
Sold by
Hayes Doug and Hayes Cheryl
Bought by
Holder James M
Seller's Agent
Kay Owens
1st Class Real Estate Triangle
Buyer's Agent
Jeff Stone
Coldwell Banker HPW
List Price
$835,000
Sold Price
$875,000
Premium/Discount to List
$40,000
4.79%
Views
320
Current Estimated Value
$899,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,693
Avg. Annual Appreciation
1.33%
Original Mortgage
$575,000
Outstanding Balance
$564,080
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$335,301

Purchase Details

Closed on
Jul 10, 2008
Sold by
Tellefsen Glen H and Tellefsen Courtney L
Bought by
Hayes Doug and Hayes Cheryl

Purchase Details

Closed on
Jul 19, 2005
Sold by
Tellefsen Glen H and Tellefsen Courtney L
Bought by
Hayes Doug and Hayes Cheryl
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
Holder James M $873,500 None Listed On Document
Holder James M $875,000 None Listed On Document
Hayes Doug -- None Available
Hayes Doug $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holder James M $575,000
Previous Owner Hayes Melvin D $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $875,000 -- --
07/12/2023 07/12/23 Sold $875,000 -2.7% $170 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $899,500 -3.8% $174 / Sq Ft
03/29/2023 03/29/23 Price Changed $935,000 +12.0% $181 / Sq Ft
03/28/2023 03/28/23 For Sale $835,000 -- $162 / 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
2024 $6,374 $329,110 $44,130 $284,980
2023 $2,709 $329,110 $0 $0
2022 $2,709 $329,110 $44,130 $284,980
2021 $0 $329,110 $44,130 $284,980
2020 $2,709 $329,110 $44,130 $284,980
2019 $2,692 $329,110 $44,130 $284,980
2018 $2,588 $329,110 $0 $0
2017 $2,588 $329,110 $0 $0
2015 $2,567 $328,410 $0 $0
2014 $2,538 $328,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2502221

Doorify MLS

APN: 2863-00-55-9759