NOT LISTED FOR SALE

7980 Valleyview Dr Clemmons, NC 27012

Estimated Value: $2,890,500

7 Beds
12 Baths
20,000 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2022

Last sale price $2,650,000 $132 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $18,271 / mo

133 Days on Market

Highlights

  • Gated Community
  • Fireplace in Primary Bedroom
  • Private Lot
  • Frank Morgan Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2022

History, restored elegance, and secluded country living await you at The Lasater Mansion. Built by renowned architect Charles Barton Keene for the R.J. Reynolds Tobacco family, the property has been meticulously managed by its current caretakers, true stewards of this stately stone Georgian’s original details. As with anyone who has experienced the mystique of such a majestic property, their desire is that the next proprietor feel likewise called to her preservation. Motivated toward the next phase of their lives, they have sought out appraisals that appropriately reflect the value and opportunity for those seeking to be known over time as part of this home's great legacy." Magnificent woodwork, intricate mural, crystal chandeliers, restored original Otis elevator, and wrought iron fill in a luxurious backdrop for modern living. This unique country estate will meet every whim beautifully. Located in prestigious community of Fair Oaks.

Last Agent to Sell the Property

John-Mark Mitchell

Mitchell - Forbes Global Properties License #189940 Listed on: 03/01/2022

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • Front Green Space
  • Gated Home
  • Private Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as YR

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Georgian Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • Elevator
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Basement

Kitchen

  • Double Convection Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Rear Porch

Utilities

  • Central Heating
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5873-90-9085.00

Community Details

Overview

  • Fair Oaks Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

4.45 Acres

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Georgian
  • Year Built: 1928
  • Ratio Current Price By Acre: 595505.62
  • Road Surface Type: Concrete, Gated
  • Structure Type: Two and a Half Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 132.50
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Built Ins, Elevator, Other
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 7100
  • Third Level Sq Ft: 2700
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 6000
  • Porch: Back,Deck,Patio
  • Fixture Exception Description: Camel Design Tiffany style wall sconce on upstairs landing area.
  • Appliances: Ceiling Fan(s), Convection Oven, Electric Cooktop, Disposal, Double Oven, Dryer, Exhaust Fan, Exhaust Hood, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 4
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 4200
  • Fireplace Features: Living Room, Primary Bedroom
  • Living Area: 20000
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 3
  • Full Bathrooms: 7
  • Total Bedrooms: 4
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Elevator, Gazebo
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Yadkin River
  • Waterfront Features: None
  • Construction Type: Stucco, Stone

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement

Utilities

  • Heating: Central, Multizone A/C
  • Sewer: Public Sewer
  • Water Heater: Electric,Gas
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 660
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 660.00

Lot Info

  • Lot Features: Cleared, Green Area, Long Range View, Open Lot, Private, River Front, Wooded, Views, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5873-90-9085.00
  • Plat Reference Section Pages: 3264
  • Zoning Description: YR
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.97847

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
King Ricky L and King Lisa R
Bought by
King Ricky L and King Lisa R
Current Estimated Value
$2,890,500

Purchase Details

Closed on
Dec 20, 2006
Sold by
Fair Oaks Associates Llc
Bought by
King Ricky L and King Lisa R
Source: Public Records
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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
King Ricky L -- None Available
King Ricky L $625,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $2,650,000 -10.2% $133 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $2,950,000 -- $148 / Sq Ft
Source: Canopy MLS

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
2020 $27,972 $3,014,900 $513,000 $2,501,900
2019 -- $3,014,900 $513,000 $2,501,900
2018 -- $3,014,900 $513,000 $2,501,900
2016 -- $2,679,942 $513,000 $2,166,942
2015 -- $2,679,942 $513,000 $2,166,942
2014 -- $2,679,942 $513,000 $2,166,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3833931

Canopy MLS

APN: 5873-90-9085

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