NOT LISTED FOR SALE

1048 Burning Tree Rd Pinehurst, NC 28374

Estimated Value: $713,000 - $746,000

4 Beds
4 Baths
2,736 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $700,000 $256 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,076/month

29 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Deck
  • Pinehurst Elementary School Rated A-
  • Property Near A Cove
  • Main Floor Primary Bedroom

About This Home

As of July 2023

1048 Burning Tree, tucked back in one of Lake Pinehurst's private coves, features a spacious living room with a fireplace and a formal dining room in an open floorplan. Located on the main level the primary bedroom has a large walk-in closet and ensuite bathroom with a large tub and separate shower. Two additional bedrooms and bathrooms are located on the main level as well. The 4th bedroom is located on the lower level along with an additional living room, 2 car garage, and expansive storage room. Outside the large deck looks over the breathtaking landscaping on the property and offers views of the lake and private dock. What could be more perfect for entertaining guests or relaxing on a summer day than enjoying a gorgeous peaceful corner lot on Lake Pinehurst? This home is close to all the amenities of Pinehurst, including golf courses, shopping, restaurants, and parks. It is also a short drive to the Village of Pinehurst and Pinehurst Resort, which offers world-class golf, tennis, and other amenities. If you are looking for a spacious, comfortable home in a great location, then 1048 Burning Tree Road is the perfect place for you. This is one you don't want to miss seeing.

Last Agent to Sell the Property

Scott Lincicome

Better Homes and Gardens Real Estate Lifestyle Property Partners License #232812 Listed on: 06/02/2023

Better Homes and Gardens Real Estate Lifestyle Property Partners

Co-Listed By

Mark Bergstrom

Better Homes and Gardens Real Estate Lifestyle Property Partners License #301984

Last Buyer's Agent

Blake Altman

Premier Real Estate of the Sandhills LLC License #326008

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 90x195x102.43x50x215.98
  • Lake Front
  • Corner Lot
  • Irrigation
  • Property is zoned R10

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Property Near A Cove
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 00021001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Basement, Two
  • Year Built: 1987
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Ceiling Fan(s)
  • List Price per Sq Ft: 274.12
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2736.00
  • Total Heated Primary Separate Sq Ft: 2736.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Composition
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Dishwasher, Dryer, Double Oven
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 464.00
  • Lot Acres: 0.57
  • Lot Description: Corner Lot
  • Lot Dimensions: 90x195x102.43x50x215.98
  • Lot Sq Ft: 24829.00
  • Lot Water Features: Boat Dock, Cove
  • Zoning: R10
  • Lot View Type: Lake View

Tax Info

  • Tax Identifier: 00021001
  • Tax Year: 2022

MLS Schools

  • School District: Moore County Schools

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 31, 2023
Sold by
Buggy Town Investments Llc
Bought by
Mandarino Eduardo and Kulisek Madeline Hamilton
Seller's Agent
Scott Lincicome
Better Homes and Gardens Real Estate Lifestyle Property Partners
Buyer's Agent
Blake Altman
Premier Real Estate of the Sandhills LLC
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
227
Current Estimated Value
$730,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,106
Avg. Annual Appreciation
1.76%
Original Mortgage
$525,000
Outstanding Balance
$512,768
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$217,338

Purchase Details

Closed on
May 26, 2023
Sold by
Witchell Carol Ann
Bought by
Buggy Town Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mandarino Eduardo $700,000 None Listed On Document
Mandarino Eduardo $700,000 None Listed On Document
Buggy Town Investments Llc $450,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandarino Eduardo $525,000
Closed Mandarino Eduardo $525,000
Previous Owner Buggy Town Investments Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $700,000 -6.7% $256 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $750,000 -- $274 / 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 $2,995 $523,210 $150,000 $373,210
2023 $3,126 $523,210 $150,000 $373,210
2022 $2,598 $356,120 $110,000 $246,120
2021 $2,691 $356,120 $110,000 $246,120
2020 $2,664 $355,390 $110,000 $245,390
2019 $2,664 $356,120 $110,000 $246,120
2018 $2,263 $327,930 $100,000 $227,930
2017 $2,591 $327,930 $100,000 $227,930
2015 $2,541 $327,930 $100,000 $227,930
2014 $2,956 $386,340 $143,000 $243,340
2013 -- $386,340 $143,000 $243,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100387561

Hive MLS

APN: 8551-05-19-6141