NOT LISTED FOR SALE

85 Wateredge Ln Sanford, NC 27332

Estimated Value: $323,000 - $346,000

3 Beds
2 Baths
1,792 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $265,000 $148 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,017/month

16 Days on Market

Highlights

  • Water Views
  • Tennis Courts
  • Clubhouse
  • Golf Course Community
  • Gated Community
  • Deck

About This Home

As of December 2021

Peaceful wooded lot in Carolina Lakes gated community. Beautiful 3bed 2bath w/ screened in porch and large double garage. Finished Bonus Room on second floor w/ closet (can be used as 4thbed). Quiet community with wonderful amenities: pool, golf course, tennis court, basketball court, baseball field, disc golf course, fitness/nature trail, community lake swimming area/boat access, & storage area available for rent. Kitchen with stainless steel appliances. Living Room (with fireplace) & Dining Room both with vaulted ceilings. Master suite and 2 bedrooms downstairs.

Last Agent to Sell the Property

Colleen Rhynders

eXp Realty, LLC - C License #217682 Listed on: 11/28/2021

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 2004

Lot Details

  • Wooded Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Screened Porch
  • Storage
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Tennis Courts
  • Deck
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 03958518 0435

Community Details

Overview

  • Carolina Lakes Poa
  • Carolina Lakes Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

Built in 2004

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Carolina Lakes
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • General Property Information Building Project Name3: eXp does not hold EMD. Home was a rental for the last 2 years. To be sold as is. Heated Sqft. taken from tax card, professional measurements will be performed and entered before showings begin. Buyer prequal with every offer. Seller would prefer appraisal addendum with all offers.
  • Security Features Security Guard: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Storage, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Range, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Community Features:Golf: Yes
  • Appliances Range: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:WasherDryer: Yes
  • Community Features:Clubhouse2: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Deck, Front Porch, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Window Treatments: 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
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Pool
  • Association Fee: 920.0
  • Association Fee Frequency: Annually
  • Association Name: Carolina Lakes POA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Carolina Lakes POA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 920.0
  • General Property Information:Association Fee Frequency: Annually

Lot Info

  • Parcel #: 03958518 0435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2021
Closed on
Dec 22, 2021
Sold by
Barton Justin D
Bought by
Schwemmer John and Schwemmer Suzanne
Seller's Agent
Colleen Rhynders
eXp Realty, LLC - C
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$334,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,940
Avg. Annual Appreciation
6.70%

Purchase Details

Listed on
Jun 3, 2016
Closed on
Oct 6, 2016
Sold by
Thrasher Michael B
Bought by
Barton Justin D
Seller's Agent
Malcolm McFadyen
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
JILL BERRYHILL
CAROLINA LAKES LAKESIDE REALTY
List Price
$171,000
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$173,890
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Listed on
Jun 3, 2016
Closed on
Sep 30, 2016
Sold by
Thrasher Kristina L
Bought by
Thrasher Michael B
Seller's Agent
Malcolm McFadyen
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Buyer's Agent
JILL BERRYHILL
CAROLINA LAKES LAKESIDE REALTY
List Price
$171,000
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,890
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Sep 4, 2007
Sold by
Deisley Cassey I and Deisley Tammy K
Bought by
Thrasher Michael B and Thrasher Kristina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,886
Interest Rate
6.57%
Mortgage Type
VA
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
Schwemmer John $265,000 Law Office Of Jeffrey E Radfor
Barton Justin D $171,000 --
Thrasher Michael B -- --
Thrasher Michael B $171,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barton Justin D $173,890
Previous Owner Thrasher Michael B $173,890
Previous Owner Thrasher Michael B $164,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $265,000 0.0% $148 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/28/2021 11/28/21 For Sale $265,000 +55.0% $148 / Sq Ft
10/26/2016 10/26/16 Sold $171,000 0.0% $97 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $171,000 -- $97 / 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 $1,964 $264,233 $0 $0
2024 $1,964 $264,233 $0 $0
2023 $1,836 $264,233 $0 $0
2022 $1,836 $264,233 $0 $0
2021 $1,836 $201,270 $0 $0
2020 $1,836 $201,270 $0 $0
2019 $1,821 $201,270 $0 $0
2018 $1,781 $201,270 $0 $0
2017 $1,781 $201,270 $0 $0
2016 $1,862 $210,860 $0 $0
2015 -- $210,860 $0 $0
2014 -- $210,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP673582

Doorify MLS

APN: 03958518 0435