NOT LISTED FOR SALE

11 Melrose Dr Pinehurst, NC 28374

Estimated Value: $1,081,000 - $1,274,427

5 Beds
4.5 Baths
4,230 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $768,000 $182 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,724/month

Highlights

  • Golf Course Community
  • Indoor Pool
  • Clubhouse
  • Pinehurst Elementary School Rated A-
  • 1.23 Acre Lot
  • Wood Flooring

About This Home

As of June 2021

Nestled in the heart of world-class golfing and equestrian living is 11 Melrose Drive. Pinehurst's shady pine trees encase the sprawling acre-plus grounds. Enter into a sunlight-filled custom home with a spacious first floor Master Suite. If you can't make it to the Pinehurst Spa the walk-in shower offers its own luxury experience! No matter your storage or wardrobe needs you'll find ample room in the massive master closet with built-ins. The open concept living area has a granite countertop kitchen that would do any chef proud with an impressive gas range, wine cooler and pull-out cabinets. On sunny days take dinner to the outdoor kitchen under the pergola. The covered back porch can seat for a feast with a forest view. Hardwood floors throughout the first floor with carpet in ea

Last Agent to Sell the Property

Casey Roman

Coldwell Banker Advantage-Southern Pines License #322809 Listed on: 06/30/2021

Coldwell Banker Advantage-Southern Pines

Last Buyer's Agent

Brittany Paschal

Front Runner Realty Group License #282939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 2006

Lot Details

  • 1.23 Acre Lot
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R30

Home Design

  • Composition Roof
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 4,230 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Formal Dining Room
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Indoor Pool
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • No Home Owners Association
  • The Ponds Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Disposal, Ice Maker, Microwave - Built-In, Refrigerator
  • List Priceper Sq Ft: 175.18
  • New Construction: No
  • Secondary Subdivision: None
  • Total Real Estate Property Taxes: 2963.71
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Combination, Formal
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Gas Logs, Pantry, Smoke Detectors, Wet Bar
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4.50
  • Bedrooms: 5
  • Sq Ft Heated: 4230.00
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 4230.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement, Stone
  • Exterior Structures: Storage
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Heated Sq Ft: 4000 - 4499
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Clubhouse, Golf Course, Indoor Pool, Playground, Tennis Court(s)

Lot Info

  • Deed Page: 179.00
  • Lot Acres: 1.23
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 463*17*31*309*63*95*182*183
  • Lot Number: 24
  • Zoning: R30

Tax Info

  • Tax Year: 2020
  • Total City Real Estate Property Tax: 1743.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jun 24, 2021
Sold by
Bass Jeffrey and Bass Kolby Mclean
Bought by
Sindhu Pallavi and Waddington Eric
Seller's Agent
Casey Roman
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Brittany Paschal
Front Runner Realty Group
Sold Price
$768,000
Current Estimated Value
$1,203,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,857
Avg. Annual Appreciation
10.31%
Original Mortgage
$600,000
Outstanding Balance
$531,613
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$672,244

Purchase Details

Listed on
Mar 11, 2019
Closed on
Dec 9, 2019
Sold by
Logan Dennis G and Logan Judith M
Bought by
Bass Jeffrey and Skidmore Kolby
Seller's Agent
Judy Logan
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Bethany Grainger
Realty One Group Liberty /SP
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$230,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2012
Sold by
Shay John W and Shay Lisa
Bought by
Logan Dennis G and Logan Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
May 19, 2005
Sold by
Caspersen Larry G
Bought by
Shay John W and Shay Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,185
Interest Rate
4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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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
Sindhu Pallavi $768,000 None Available
Bass Jeffrey $630,000 First American Mortgage Sln
Logan Dennis G $560,000 None Available
Shay John W $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sindhu Pallavi $600,000
Previous Owner Bass Jeffrey $230,000
Previous Owner Logan Dennis G $524,250
Previous Owner Shay John W $337,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $768,000 +21.9% $182 / Sq Ft
12/13/2019 12/13/19 Sold $630,000 0.0% $152 / Sq Ft View Prior Sale
11/13/2019 11/13/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $630,000 +12.5% $152 / Sq Ft
03/15/2013 03/15/13 Sold $560,000 0.0% -- View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $560,000 -- --
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 $5,670 $990,390 $175,000 $815,390
2023 $5,918 $990,390 $175,000 $815,390
2022 $5,101 $610,950 $110,000 $500,950
2021 $5,027 $581,120 $110,000 $471,120
2020 $4,975 $581,120 $110,000 $471,120
2019 $4,590 $581,120 $110,000 $471,120
2018 $3,827 $523,380 $95,000 $428,380
2017 $4,135 $523,380 $95,000 $428,380
2015 $4,056 $523,380 $95,000 $428,380
2014 $4,445 $581,080 $108,000 $473,080
2013 -- $581,080 $108,000 $473,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 205969

Hive MLS

APN: 8552-10-36-9992