NOT LISTED FOR SALE

11 Monroe Ln Unit 4 Pinehurst, NC 28374

Estimated Value: $511,000 - $537,000

4 Beds
3.5 Baths
2,940 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $410,000 $139 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,935/month

2 Days on Market

Highlights

  • Home Theater
  • Deck
  • Main Floor Primary Bedroom
  • Pinehurst Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of August 2022

HIDDEN GEM IN VILLAGE ACRES! Set at the end of a cul-de-sac, this 4BD/3.5BA home offers plenty of space for large family, social gatherings, etc. Large, open kitchen with pantry and storage, stainless steel appliances, and granite countertops. Hardwoods throughout main living area, newer carpet(2016) in most of the home, repainted in 2016, main floor master w/walk-in closet. Two very large bedrooms on second floor and bonus/''man-cave'' on lower level (finished basement) complete with pool table, wet bar w/mini fridge, bedroom, media room and full bath. Additional upgrades include 2 new (2017-18) Lennox HVAC units, new granite countertops and backsplash (2021), wiring for generator, concrete driveway edging, new deck floor (2022) and storage building (2017) w/golf cart parking. Beautiful mature landscaping all around offers complete privacy. Pinehurst Schools, easy commute to FT. Bragg and easy to show.

Last Agent to Sell the Property

Pat Phillips

Rhodes and Co LLC License #191369 Listed on: 06/30/2022

Last Buyer's Agent

Liz English

Coldwell Banker Advantage-Southern Pines License #185992

Coldwell Banker Advantage-Southern Pines

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 48x152x155x101
  • Cul-De-Sac
  • Property is zoned R8

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Home Theater
  • Bonus Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Village Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00022253

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,329

Year Built

Built in 2005

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: Two
  • Year Built: 2005
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished - Full
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Kitchen Island, Pantry, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 139.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Ground
  • Bonus Room Level: Ground
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Media Room Level: Ground
  • Other Level: Main
  • Sq Ft Heated: 2940.00
  • Total Heated Primary Separate Sq Ft: 2940.00
  • Estimated Below Grade Sq Ft: 1086.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: See Remarks
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Bar Refrigerator, Self Cleaning Oven, Stove/Oven - Electric, Refrigerator, Range, Microwave - Built-In, Disposal, Dishwasher
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Cable

Lot Info

  • Deed Page: 294.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 48x152x155x101
  • Zoning: R8

Tax Info

  • Tax Identifier: 00022253
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 848.20
  • Total Real Estate Property Taxes: 2329.19

MLS Schools

  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Jul 26, 2022
Sold by
Sheppard Michael B and Sheppard Melissa S
Bought by
Faircloth Shannon H and Faircloth William H
Seller's Agent
Pat Phillips
Rhodes and Co LLC
Buyer's Agent
Liz English
Coldwell Banker Advantage-Southern Pines
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$518,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,810
Avg. Annual Appreciation
7.28%
Original Mortgage
$328,000
Outstanding Balance
$314,317
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$204,493

Purchase Details

Listed on
Apr 12, 2016
Closed on
Mar 29, 2016
Sold by
Nei Global Relocation Company
Bought by
Sheppard Michael B and Sheppard Melissa S
Seller's Agent
Jennifer Ritchie
ERA Strother RE #5
Buyer's Agent
Pat Phillips
Rhodes and Co LLC
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$256,184
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Listed on
Feb 6, 2014
Closed on
Jun 5, 2014
Sold by
Brunson Harold and Brunson Kami Leigh
Bought by
Ward Joey Lynwood and Ward Marcy Holladay
Seller's Agent
Bill Sahadi
Fore Properties
Buyer's Agent
Susan Phillips
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$242,000
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$249,950
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Nov 2, 2005
Sold by
Kastle Building Co Inc
Bought by
Brunson Harold and Brunson Kami Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Faircloth Shannon H $410,000 Brenner & Mcnell Pllc
Sheppard Michael B $248,000 Attorney
Ward Joey Lynwood $242,000 None Available
Brunson Harold $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faircloth Shannon H $328,000
Previous Owner Sheppard Michael B $256,184
Previous Owner Ward Joey Lynwood $249,950
Previous Owner Brunson Harold $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2022 08/03/22 Sold $410,000 0.0% $139 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $410,000 +65.3% $139 / Sq Ft
04/12/2016 04/12/16 Sold $248,000 +2.5% $80 / Sq Ft View Prior Sale
06/12/2014 06/12/14 Sold $242,000 0.0% $129 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $242,000 -- $129 / 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 $2,474 $432,200 $55,000 $377,200
2023 $2,582 $432,200 $55,000 $377,200
2022 $2,248 $269,270 $30,000 $239,270
2021 $2,329 $269,270 $30,000 $239,270
2020 $2,305 $267,340 $30,000 $237,340
2019 $2,305 $269,270 $30,000 $239,270
2018 $1,989 $248,200 $26,500 $221,700
2017 $1,961 $248,200 $26,500 $221,700
2015 $1,924 $248,200 $26,500 $221,700
2014 $2,051 $268,140 $26,500 $241,640
2013 -- $268,140 $26,500 $241,640
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Pat Phillips

    Rhodes and Co LLC

    (910) 639-1550

    15 in this area

    34 Total Sales

    Pat Phillips
    Section Image

  • L

    Buyer's Agent in 2022

    Liz English

    Coldwell Banker Advantage-Southern Pines

    Section Image

  • J

    Seller's Agent in 2016

    Jennifer Ritchie

    ERA Strother RE #5

  • Bill Sahadi

    Seller's Agent in 2014

    Bill Sahadi

    Fore Properties

    (910) 638-0888

    45 in this area

    169 Total Sales

    Bill Sahadi
    Section Image

  • S

    Buyer's Agent in 2014

    Susan Phillips

    Berkshire Hathaway HS Pinehurst Realty Group/PH

    Section Image
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Map

Source: Hive MLS

MLS Number: 100336608

Hive MLS

APN: 8563-14-34-0573

North Carolina Moore County Pinehurst 28374

11 Monroe Ln Unit 4, Pinehurst, NC

Not Listed for Sale

Detached

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