NOT LISTED FOR SALE

115 Salem Dr Pinehurst, NC 28374

Estimated Value: $510,151 - $547,000

3 Beds
2 Baths
2,274 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $495,000 $218 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,945/month

11 Days on Market

Highlights

  • Deck
  • Great Room
  • No HOA
  • Pinecrest High School Rated A-
  • Solid Surface Countertops
  • Home Office

About This Home

As of July 2023

This one level cottage has SO much to offer. Three spacious bedrooms and a private office. Located on a quiet street with quick golf cart access to the #7 clubhouse! The welcoming open floor plan offers a cook's kitchen with large island with sold surface countertops, gas range, vented hood and great counter space! The hardwood floors are throughout all of the wonderful entertaining spaces. The two sided fireplace adds even more charm to this fabulous house. The split floor plan offers complete privacy. Notice the beautiful crown moldings and custom blinds. The back deck is very private and the fenced in yard is great for kids or pets. Just a quick walk to Lawn and Tennis swimming pool! The perfect spot in Pinehurst!! $5,000 redecorating allowance included in this price! HURRY!

Last Agent to Sell the Property

Jamie McDevitt

McDevitt Town & Country Properties License #191154 Listed on: 05/18/2023

Last Buyer's Agent

Kristi Snyder

Everything Pines Partners LLC License #262474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x140x96x123
  • Fenced Yard
  • Wood Fence
  • Sprinkler System
  • Property is zoned R-10

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,274 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Patio

Schools

  • Pinehurst Elementary School
  • West Pine Middle School
  • Pinecrest High School

Utilities

  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Unit 8A Subdivision

Listing and Financial Details

  • Tax Lot 648
  • Assessor Parcel Number 00017128

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,356

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Bookcases, Gas Logs, Kitchen Island, Solid Surface, Sprinkler System, Walk-in Shower
  • List Price per Sq Ft: 217.68
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 2274.00
  • Total Heated Primary Separate Sq Ft: 2274.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

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

Lot Info

  • Deed Page: 359.00
  • Lot Acres: 0.29
  • Lot Dimensions: 100x140x96x123
  • Lot Number: 648
  • Lot Sq Ft: 12632.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: 00017128
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2356.12

MLS Schools

  • Elementary School: Pinehurst Elementary
  • High School: Pinecrest
  • Middle School: West Pine
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jun 26, 2017
Sold by
Macphail Kahler J and Macphail Fallon T
Bought by
Jay Jonathan M and Jay Rosemary J
Seller's Agent
Kristi Snyder
Everything Pines Partners LLC
Buyer's Agent
Anja Richardson
Coldwell Banker Advantage-Southern Pines
Sold Price
$303,000
Current Estimated Value
$523,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,788
Avg. Annual Appreciation
6.70%
Original Mortgage
$309,514
Outstanding Balance
$258,068
Interest Rate
4.02%
Mortgage Type
VA
Estimated Equity
$265,720

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jan 5, 2012
Sold by
Matthews Joseph Michael and Matthews Dawn Noel Noble
Bought by
Macphail Kahler J and Macphail Fallon T
Seller's Agent
Jill Greenleaf
Berkshire Hathaway HS SP/Pinehurst Realty Group/SP
Buyer's Agent
Rebecca Csiszar
Coldwell Banker Advantage-Southern Pines
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Original Mortgage
$293,842
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
May 23, 2008
Sold by
Forehand Scott R and Forehand Elizabeth A
Bought by
Matthews Dawn Noel Noble and Matthews Joseph Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,300
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Hubler Vince
Bought by
Forehand Scott R and Forehand Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
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
Jay Jonathan M $303,000 None Available
Macphail Kahler J $310,000 None Available
Matthews Dawn Noel Noble $334,000 None Available
Forehand Scott R $309,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jay Jonathan M $309,514
Previous Owner Macphail Kahler J $293,842
Previous Owner Matthews Dawn Noel Noble $317,300
Previous Owner Forehand Scott R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $495,000 0.0% $218 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $495,000 -5.7% $218 / Sq Ft
05/17/2023 05/17/23 For Sale $525,000 +73.3% $231 / Sq Ft
06/29/2017 06/29/17 Sold $303,000 -2.3% $134 / Sq Ft View Prior Sale
02/13/2012 02/13/12 Sold $310,000 -- $134 / Sq Ft View Prior Sale
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 $2,415 $421,770 $70,000 $351,770
2023 $2,520 $421,770 $70,000 $351,770
2022 $2,356 $282,170 $37,000 $245,170
2021 $2,441 $282,170 $37,000 $245,170
2020 $2,416 $282,170 $37,000 $245,170
2019 $2,636 $307,900 $37,000 $270,900
2018 $2,427 $303,350 $37,500 $265,850
2017 $2,396 $303,350 $37,500 $265,850
2015 $2,351 $303,350 $37,500 $265,850
2014 $2,299 $300,570 $35,100 $265,470
2013 -- $300,570 $35,100 $265,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100385230

Hive MLS

APN: 8562-19-61-4437