#LP743832, KELLEY DUBOIS, Listing office: ADCOCK REAL ESTATE SERVICES
$525,000 List price
1116 Falling Strm Sanford, NC 27332
3 beds
2 full, 1 partial
2,323 sqft
0.6 acres
$226 / sqft
House
Property details
About 1116 Falling Strm
Calling all Mid-Century Modern lovers! This is a diamond in the rough. It needs some work and is priced accordingly but has SUCH potential! Experience the epitome of lakeside living in this architecturally significant home designed by Arthur Cogswell, nestled on the serene shores of Lake Trace in the prestigious Carolina Trace community. The residence features 3 bedrooms and 2.5 bathrooms, providing ample space for comfortable living. You'll love the gourmet kitchen: The kitchen is equipped with granite and Corian countertops, Kraft Maid maple cabinets, and a stylestone peninsula, perfect for culinary enthusiasts. The property boasts a detached garage with an unfinished upstairs space, offering potential forcustomization and beautiful lake front pathways.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Electric, Ceiling Fan(s)
Size2,323 sqft
BasementYes
Lot size0.64 Acres
Year built1975
ParkingDetached
MLS #LP744892
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Range, Refrigerator, Washer/Dryer
- Basement: Yes
- Flooring Type: Hardwood, Tile, Vinyl
- Interior: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, Kitchen Island, Kitchen/Dining Room Combination, Storage, Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached
- Exterior: Porch/Covered, Deck, Porch Front, Porch, Screened Porch, Balcony
- Heating: Forced Air
- Cooling: Central Air, Electric, Ceiling Fan(s)
- List Price: $525,000
- Price/SqFt: $226
- HOA Amount: $875 Annually
- Annual Tax Amount: $3,418
- Tax Year: 2024
- Lot: Cul-De-Sac, Rolling/Hilly, Waterfront, Wooded
- Directions: Use Google Maps / GPS from your location
- Year Built: 1975
- Living Area: 2,323 SqFt
- Lot Size: 0.64 Acres
- MLS Number: LP744892
- MLS Name: Doorify MLS
- Office Name: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
- Office Phone: (910) 483-5353
- Listing Agent: KATHERINE SMITH
Copyright © 2025 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: 7/17/2025, 7:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 06, 2011 | Home Sold | $455,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $429,800 | $3,418 |
| 2023 | $429,800 | $3,402 |
| 2022 | $340,500 | $2,948 |
| 2021 | $340,500 | $3,044 |
| 2020 | $340,500 | $3,084 |
| 2019 | $340,500 | $3,777 |
| 2018 | $417,500 | $3,775 |
| 2017 | $417,500 | $3,775 |
History based on county public records data.
Nearby schools
4
J Glenn Edwards Elementary School
Public District KG-5
3.5 mi
•3115 Cemetery Rd
2
Broadway Elementary School
Public District PK-5
4.0 mi
•307 S Main St
5
Mina Charter School of Lee County
Public Charter KG-5
4.0 mi
•2732 Industrial Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,474. Typical income of Sanford, NC residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
6%
<35k
57%
35k-100k
36%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
6%
Single, with Kids
39%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Soccer
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Old Navy
Dollar General
Where do the neighbors go to eat?
Little Caesars
Jimmy Johns
Cracker Barrel
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
Country
New Country- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1116 Falling Strm
The listing price of 1116 Falling Strm property is $525,000.
The property 1116 Falling Strm is a house located in Sanford, North Carolina, 27332.
Active Listing: 1116 Falling Strm is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1116 Falling Strm are: J Glenn Edwards Elementary School (GreatSchools Rating 4/10), Broadway Elementary School (GreatSchools Rating 2/10), Mina Charter School of Lee County (GreatSchools Rating 5/10), East Lee Middle School (GreatSchools Rating 4/10), Sanlee Middle School (GreatSchools Rating 5/10), West Lee Middle School (GreatSchools Rating 2/10), Ascend Leadership Academy: Lee County (GreatSchools Rating 7/10), Lee County High School (GreatSchools Rating 2/10), Lee Early College (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $3,418 (source: MLS/based on county public records data).
The last sale was on September 6, 2011 for $455,000 (source: MLS/tax record).
The property at 1116 Falling Strm has 3 bedrooms and 2 full and 1 half bathrooms.
The property 1116 Falling Strm is 2,323 SqFt (source: MLS/tax record).
The year of construction for 1116 Falling Strm is 1975.
This home is located at 1116 Falling Strm in Sanford, NC and zip code 27332. This 2,323 square foot home, which was built in 1975, sits on a 0.64 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $525,000.
In June 2025, from all listings sold in Sanford, NC there were more than 16 sold above asking price, over 53 sold below and more than 33 were sold right at the asked price. Between May and June 2025, Sanford, NC real estate market has seen decrease in the number of listings by 8.9%. In June 2025 median list price was $325,000 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.