NOT LISTED FOR SALE

1020 Inverness Rd Southern Pines, NC 28387

Estimated Value: $423,000 - $478,905

3 Beds
2.5 Baths
1,805 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $315,000 $175 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,735/month

128 Days on Market

Highlights

  • Greenhouse
  • Deck
  • No HOA
  • Pinecrest High School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of October 2020

Beautiful and Tranquil eclectic contemporary home offers 3 bedrooms 2.5 baths, with hardwood floors throughout and a private office tucked away with views of the rear yard. The oversized flexible living room offers plenty of space to create multiple seating areas and furniture arrangements. A large rear deck offers great space for entertaining and leads to a lower level fire pit area and a greenhouse made mostly by reclaimed materials. This home is move in ready and the owner purposely kept the bathrooms original for their personal taste however, they could easily be updated inexpensively.

Last Agent to Sell the Property

Edward Thompson

Pinehurst Native Realty LLC License #258152 Listed on: 05/08/2020

Last Buyer's Agent

Kevin Krysty

Everything Pines Partners LLC License #301251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 120x197x80x95x70
  • Property is zoned RS-2

Home Design

  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,805 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Workshop
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Dryer Hookup
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Greenhouse

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sandavis Subdivision

Listing and Financial Details

  • Tax Lot 51

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Basement, Smoke Detectors, Wash/Dry Connect, Workshop
  • List Price per Sq Ft: 130.87
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 3
  • Sq Ft Heated: 1805.00
  • Sq Ft Heated Separate: 709.00
  • Total Heated Primary Separate Sq Ft: 2514.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Exterior Structures: Green House
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 146.00
  • Lot Dimensions: 120x197x80x95x70
  • Lot Number: 51
  • Zoning: RS-2

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 917.04
  • Total Real Estate Property Taxes: 1169.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Sep 7, 2020
Sold by
Warner Valerie
Bought by
Borgstrom Andrew John
Seller's Agent
Edward Thompson
Pinehurst Native Realty LLC
Buyer's Agent
Kevin Krysty
Everything Pines Partners LLC
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$460,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,226
Avg. Annual Appreciation
8.46%
Original Mortgage
$202,000
Outstanding Balance
$181,285
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$284,153

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 6, 2013
Sold by
Matson Randal Barnes
Bought by
Warner Valerie
Seller's Agent
Eva Toney
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Tag Leon
Fore Properties
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$128,000
Interest Rate
3.56%
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
Borgstrom Andrew John $315,000 None Available
Warner Valerie $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgstrom Andrew John $202,000
Previous Owner Warner Valerie $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $315,000 0.0% $175 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $315,000 +96.9% $175 / Sq Ft
03/15/2013 03/15/13 Sold $160,000 -- $88 / 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
2024 $2,310 $362,280 $75,000 $287,280
2023 $2,382 $362,280 $75,000 $287,280
2022 $2,121 $229,260 $45,000 $184,260
2021 $2,178 $229,260 $45,000 $184,260
2020 $2,197 $229,260 $45,000 $184,260
2019 $2,197 $229,260 $45,000 $184,260
2018 $1,904 $210,370 $45,000 $165,370
2017 $1,883 $210,370 $45,000 $165,370
2015 $1,820 $210,370 $45,000 $165,370
2014 $1,630 $190,590 $32,500 $158,090
2013 -- $190,590 $32,500 $158,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 200160

Hive MLS

APN: 8582-14-43-7161