NOT LISTED FOR SALE

1048 Burning Tree Rd Pinehurst, NC 28374

Estimated Value: $759,000 - $774,000

4 Beds
4 Baths
2,736 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2023

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

Est. 10% increase in value since last sale

Current estimated payment $4,414 / mo

29 Days on Market

Highlights

  • Lake Front
  • Private 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

Premier Real Estate of the Sandhills LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 24,829 Sq Ft Lot
  • Lot Dimensions are 90x195x102.43x50x215.98
  • Lake Front
  • Corner Lot
  • Irrigation
  • Property is zoned R10

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 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

Outdoor Features

  • Property Near A Cove
  • Private Dock
  • Cove
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00021001

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0.57 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • View: Lake
  • Appliances: Electric Cooktop, Washer, Dryer, Double Oven, Dishwasher
  • Original List Price: 750000.00
  • Unit Levels: Two
  • Living Area: 2736.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 274.12
  • Special Features: VirtualTour

Interior Features

  • Dining Room Type: Formal
  • Flooring: Carpet, Tile
  • Interior Amenities: Master Downstairs, Walk-in Closet(s), Ceiling Fan(s), Walk-in Shower, Walk-In Closet(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Room Types: Living Room, Dining Area, Bedroom 2, Master Bedroom, Bedroom 3, Dining Room, Bedroom 4
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 4.00
  • Living Area Range: 2600 - 2799

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Composition
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: Cove
  • Waterfront?: Yes
  • Foundation Details: Slab, Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 2.00
  • Parking Features: Paved
  • Total Parking Spaces: 2.00
  • Attached Garage Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer
  • Fuel Tank Owned Or Leased: Leased
  • Fuel Tank Above Or Below Ground: Below Ground
  • Fuel Tank Fuel Type: Propane

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Junior High Dist: Moore County Schools

Lot Info

  • Deed Book: 2021E
  • Deed Page: 464.00
  • Zoning: R10
  • Lot Features: Corner Lot, Boat Dock, Cove
  • Lot Size Acres: 0.57
  • Lot Size: 90x195x102.43x50x215.98
  • Lot Size Sq Ft: 24829.00
  • Purchase Contract Date: 2023-06-30
  • Parcel#: 00021001
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Book Number: N/A
  • Tax Map Number: N/A
  • Tax Other Assessment Amount Frequency: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 31, 2023
Sold by
Bought by
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
221
Current Estimated Value
$767,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,305
Avg. Annual Appreciation
3.23%
Original Mortgage
$525,000
Outstanding Balance
$509,570
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$257,735

Purchase Details

Closed on
May 26, 2023
Sold by
Bought by

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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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 None Listed On Document
$700,000 None Listed On Document
$450,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $525,000
Closed $525,000
Previous Owner $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,222 $577,860 $150,000 $427,860
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

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