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516 Carolina Way, Sanford, NC, 27332

$55,000

0.42 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #LP701599
Lot Size0.42 Acres
StatusActive

About 516 Carolina Way

This buildable lot is nestled in the well-established & highly sought-after community of Carolina Lakes and offers amenities galore! Build your dream home & gain access to multiple lakes, beach areas, marina, community pool, clubhouse, playground, trails & gated security! Enjoy a partial water view & water access through the common area at the back of the property! Is golf your game? Become a member at the Carolina Lakes Golf Course! You truly have it all with proximity to both Sanford & Fayetteville shops, dining, and more!

Property Details

Property Features

Listing Office:

  • Office Name: MEESE PROPERTY GROUP
  • Office Phone: (910) 725-1115
  • Listing Agent: MEESE PROPERTY GROUP, DAMARA MEESE

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.42 Acres

Other

Directions Information:

  • Directions: Head southeast on NC-24 E/NC-27 E toward Sherwood Hills C.t Keep left at the fork, follow signs for Sanford/NC-87 N and merge onto NC-87 N. Turn right onto Buffalo Lake Rd. Turn right onto Carolina Lakes Rd. Turn left onto Carolina Way. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $55,000

Tax Information:

  • Annual Amount: $305
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Sanford, NC.

Med. Sold Price

$325K

Med. Price/SqFt

$173

Avg. Days On Market

65

# of Sold Homes

68

516 Carolina Way vs Sanford

617 DAYS ON ROCKET

+552 Days

$55,000

-$270K Less

KEY TAKEAWAY

This property is $270K less than the Median Sold Price in Sanford, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #LP701599

Listing Office:

  • Office Name: MEESE PROPERTY GROUP
  • Office Phone: (910) 725-1115
  • Listing Agent: MEESE PROPERTY GROUP, DAMARA MEESE

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 02, 2007Home Sold
$17,000
Apr 06, 2006Home Sold
$14,000

Tax History

YEARPROP. TAXASSESSMENT
2021$305$35,000
2019$305$35,000
2017$298$35,000

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-14975
2
/10
  • Highland Elementary School

  • 1915 Buffalo Lake Rd

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-14976
4
/10
  • Johnsonville Elementary School

  • 18495 NC 27 W

  • 2.79 miles

  • Public District Grades KG-5

school-card-donut-14977
8
/10
  • Benhaven Elementary School

  • 520 Olive Farm Rd

  • 3.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,741. The majority of Sanford, NC residents have income between $35k-100k annually. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Carolina Way

What is the listing price of this property?

The listing price of 516 Carolina Way property is $55,000.

What type of property is this?

The property 516 Carolina Way is land located in Sanford, North Carolina, 27332.

Is this property for sale now?

Active Listing: 516 Carolina Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $305 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 2, 2007 for $17,000. (source: MLS/tax record).

How much acreage is this property?

The property 516 Carolina Way is 0.42 acres.
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Rocket HomesNorth CarolinaLee CountySanford27332516 Carolina Way

This home is located at 516 Carolina Way in Sanford, NC and zip code 27332. This home sits on a 0.42 acre lot. It has been listed on Rocket Homes since April 11, 2023 and is currently priced at $55,000.

In November 2024 more than 7 listings in Sanford, NC were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 42 were sold below. Between October 2024 and November 2024, Sanford, NC real estate market has seen decrease in the number of listings by 3.5%. The median list price of listings available in November 2024 was $325,000, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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