NOT LISTED FOR SALE

118 Racquet Ln Pinehurst, NC 28374

Estimated Value: $385,000 - $438,000

4 Beds
2.5 Baths
2,136 Sq Ft
$15/mo HOA Fee

Last Sold May 21, 2019

Last sale price $175,000 $82 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,342/month

Highlights

  • Indoor Pool
  • Clubhouse
  • 1 Fireplace
  • Pinehurst Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2019

Lock and Leave Lifestyle in this 4 Bedroom 2,100+ SF townhouse w/ double garage, wood burning FP & large private rear patio. Lawn & Tennis Club of NC is conveniently located between Pinehurst & So. Pines- Pinehurst schools. Easy commute to Ft. Bragg & area amenities. Features & upgrades include: heart of pine & oak floors, 2015 kitchen appliances, newer light fixtures including LED, 1 heat pump replaced 2013, some newer windows, updated baths, paint and many other great features. HOA is only $175 per month paid quarterly & includes basic cable. Why rent when you can own for the same fee & have a future investment property?! See photos and info on the beautiful pool & tennis club Membership: https://www.lawnandtennisclub.com

Last Agent to Sell the Property

Tammy Lyne

Keller Williams Pinehurst License #140668 Listed on: 05/21/2019

Keller Williams Pinehurst

Last Buyer's Agent

Nikki Bowman

Realty World Properties of the Pines License #244650

Realty World Properties of the Pines

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $786

Year Built

  • Built in 1977

Lot Details

  • 2,744

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Crawl Space
  • Termite Clearance

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Lawn And Tennis Subdivision

Recreation

  • Tennis Courts
  • Indoor Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$786

Year Built

Built in 1977

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Pantry, Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 81.93
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 4
  • Sq Ft Heated: 2136.00
  • Total Heated Primary Separate Sq Ft: 2136.00

Exterior Features

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

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Indoor Pool, Tennis Court(s), Termite Bond
  • HOAAssociationFee1Year: 175.00

Lot Info

  • Deed Page: 292.00
  • Lot Dimensions: zero lot line
  • Zoning: R MF

Tax Info

  • Tax Year: 2018
  • Total City Real Estate Property Tax: 498.40
  • Total Real Estate Property Taxes: 785.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
May 11, 2019
Sold by
Estrada Jose Nicolas and Estrada Pamela F
Bought by
Witchek Kristin M
Seller's Agent
Tammy Lyne
Keller Williams Pinehurst
Buyer's Agent
Nikki Bowman
Realty World Properties of the Pines
Sold Price
$175,000
Current Estimated Value
$411,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,364
Avg. Annual Appreciation
14.36%
Original Mortgage
$157,500
Outstanding Balance
$137,909
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$273,455

Purchase Details

Closed on
Dec 20, 2004
Sold by
Dawson Jeffrey P and Dawson Becky L
Bought by
Masztak Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,520
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Witchek Kristin M $175,000 None Available
Masztak Lee A $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witchek Kristin M $157,500
Previous Owner Masztak Lee A $117,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2019 05/21/19 Sold $175,000 +16.7% $82 / Sq Ft
05/20/2015 05/20/15 Sold $150,000 0.0% $72 / Sq Ft View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $150,000 -- $72 / 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 $1,757 $306,860 $45,000 $261,860
2023 $1,833 $306,860 $45,000 $261,860
2022 $1,410 $168,920 $30,000 $138,920
2021 $1,461 $168,920 $30,000 $138,920
2020 $1,446 $168,920 $30,000 $138,920
2019 $1,446 $168,920 $30,000 $138,920
2018 $1,352 $168,950 $30,000 $138,950
2017 $1,335 $168,950 $30,000 $138,950
2015 $1,309 $168,950 $30,000 $138,950
2014 $1,221 $159,570 $15,000 $144,570
2013 -- $159,570 $15,000 $144,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 192949

Hive MLS

APN: 8562-20-70-7276