NOT LISTED FOR SALE

8611 Regatta Ct Sims, NC 27880

Estimated Value: $738,000 - $1,049,000

3 Beds
3.5 Baths
4,300 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $515,000 $120 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,062/month

358 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Whirlpool Bathtub
  • Rock Ridge Elementary School Rated A-
  • Deck
  • Bonus Room

About This Home

As of April 2021

Located on Buckhorn Lake, this custom built feature loaded home has an incredible waterfront lot affording a rare opportunity for a resort lifestyle. Drivetime is approximately 20 minutes to Wilson, 40 to Raleigh, and 30 to Clayton. A great location with easy access. This is not just a one of a kind estate, but rather a lifestyle of wealth at an incredible country home price. Bonus rooms, balconies, decks, downstairs bedrooms, phenomenal bonus and family areas, and a floor plan that is perfect for large families and entertaining. The large lot allows direct water access, mature raised garden beds ready for harvest, and space for hobbies or for sunning and fun. And of course it is view, view, and more view from this once in a lifetime chance! The sellers never ever meant to leave but jobs have relocated them and they must let go of their dream home. Indeed their loss is your chance for gain!

Last Agent to Sell the Property

Deborah Fedrick

Coldwell Banker Howard Perry & Walston License #268924 Listed on: 03/21/2020

Coldwell Banker Howard Perry & Walston

Last Buyer's Agent

Brandon Narron

eXp Realty LLC License #288287

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 2001

Lot Details

  • 1.56 Acre Lot
  • Lot Dimensions are 309x227x124x81x253x62
  • Lake Front
  • Property is zoned SR4

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Lake Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • Buckhorn Plantation Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 2751-45-1088.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,224

Year Built

Built in 2001

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2001
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Terrazzo, Tile
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Workshop, Whirlpool, Wet Bar, Walk-In Closet, Foyer, Gas Logs, Ceiling Fan(s), 9Ft+ Ceilings
  • List Price per Sq Ft: 122.09
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 11
  • Bedroom 2 Level: First
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Media Room Level: Second
  • Other Level: Second
  • Studio Level: Second
  • Sunroom Level: First
  • Sq Ft Heated: 4300.00
  • Total Heated Primary Separate Sq Ft: 4300.00

Exterior Features

  • Exterior Features: Gas Logs
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Porch, Deck, Enclosed
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Convection Oven, Dishwasher, Refrigerator, Microwave - Built-In, Downdraft, Cooktop - Gas
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 125.00

Lot Info

  • Deed Page: 904.00
  • Lot Acres: 1.56
  • Lot Dimensions: 309x227x124x81x253x62
  • Lot Number: 24
  • Lot Sq Ft: 67954.00
  • Lot Water Features: Waterfront Comm
  • Zoning: SR4
  • Lot View Type: Lake View, Water View

Tax Info

  • Tax Identifier: 2751-45-1088.000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 4224.00
  • Total Real Estate Property Taxes: 4224.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Apr 19, 2021
Sold by
Beaver Wayne A and Beaver Carmel R
Bought by
Houpe Larry D and Houpe Diana W
Seller's Agent
Deborah Fedrick
Coldwell Banker Howard Perry & Walston
Buyer's Agent
Brandon Narron
eXp Realty LLC
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Current Estimated Value
$837,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,120
Avg. Annual Appreciation
9.62%
Original Mortgage
$441,427
Outstanding Balance
$402,289
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$363,428

Purchase Details

Closed on
May 15, 2006
Sold by
Lee Kenneth W and Lee Veronica G
Bought by
Beaver Wayne A and Beaver Carmel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Lee Kenneth W
Bought by
Lee Veronica G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.6%
Mortgage Type
New Conventional
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
Houpe Larry D $515,000 None Available
Beaver Wayne A $515,000 --
Lee Veronica G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houpe Larry D $63,000
Open Houpe Larry D $441,427
Previous Owner Beaver Wayne A $102,700
Previous Owner Beaver Wayne A $396,900
Previous Owner Beaver Wayne A $404,900
Previous Owner Beaver Wayne A $72,000
Previous Owner Beaver Wayne A $40,800
Previous Owner Beaver Wayne A $412,000
Previous Owner Lee Veronica G $212,000
Previous Owner Lee Veronica G $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $515,000 -6.4% $120 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/21/2020 03/21/20 For Sale $550,000 -- $128 / Sq Ft
Source: Hive 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 $5,623 $808,402 $128,250 $680,152
2024 $5,623 $808,402 $128,250 $680,152
2023 $4,249 $506,475 $94,500 $411,975
2022 $4,249 $506,475 $94,500 $411,975
2021 $4,212 $491,427 $94,500 $396,927
2020 $4,223 $491,427 $94,500 $396,927
2019 $4,224 $491,427 $94,500 $396,927
2018 $0 $491,427 $94,500 $396,927
2017 $4,079 $491,427 $94,500 $396,927
2016 $4,114 $491,427 $94,500 $396,927
2014 $4,591 $525,012 $140,000 $385,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100210472

Hive MLS

APN: 2751-45-1088.000