NOT LISTED FOR SALE

125 Racquet Ln Pinehurst, NC 28374

Estimated Value: $319,000 - $488,000

3 Beds
4 Baths
2,600-2,799 Sq Ft
$198/mo HOA Fee

Last Sold December 17, 2020

Last sale price $250,000 $92 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,384/month

37 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Pinecrest High School Rated A-
  • Home Office
  • Cul-De-Sac

About This Home

As of December 2020

POPULAR LAWN & TENNIS! 3-4 bedrooms, 4 full baths. Many upgrades..in 6/19 a new kitchen with granite countertops, tile floor, dishwasher, soft close cabinets plus 2 new bathrooms on main level. New flat roof 4/2019, shingles replaced in 10/15, water heater 5/2012 and heat pump 4/2014. Hardwood floors in living room, dining room, hallway and office. New door hardware throughout and light fixtures on main level. Deck stained 10/2019. Home inspection was 12/2019 and noted repairs were completed. New vapor barrier 11/2019. Electric panel to be replaced 9/30/2020. All HVAC ductwork cleaned out 3/2020. Tons of storage and closets! MASKS ARE REQUIRED.USE SANITIZER PROVIDED.

Last Agent to Sell the Property

Lynlee Long

Lynlee L. Long, Broker License #105857 Listed on: 09/27/2020

Last Buyer's Agent

Linda Covington

Covington Investment Properties, Inc License #153201

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $856

Year Built

  • Built in 1977

Lot Details

  • Property fronts a state road
  • Cul-De-Sac

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Crawl Space

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Lawn And Tennis Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$856

Year Built

Built in 1977

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: None
  • Year Built: 1977
  • Property Sub Type: Condominium
  • Appliances: Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
  • Original List Price: 250000.00
  • Unit Levels: One
  • List Price Per Sqft: 91.74
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Flooring: LVT/LVP, Carpet, Tile, Wood
  • Interior Amenities: Walk-in Closet(s), Pantry, Blinds/Shades, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Room Types: Dining Room, Laundry, Office, Living Room, Other, Family Room, Master Bedroom, Dining Area, Bedroom 2, Bedroom 3
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 4.00
  • Living Area Range: 2600 - 2799

Exterior Features

  • Exterior Finish: Aluminum Siding
  • Roof: See Remarks
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Termite Bond
  • Association Fees: 2380.00
  • Has H O A?: Yes

Lot Info

  • Deed Book: 1074
  • Deed Page: 502.00
  • Zoning: RMF
  • Lot Features: Cul-De-Sac
  • Lot Size: townhouse
  • Purchase Contract Date: 2020-11-03
  • Permitted Use: Public

Tax Info

  • Tax Year: 2020
  • Tax Amount: 855.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Oct 20, 2020
Sold by
Long Max Bickford and Long Lynlee Lambeth
Bought by
Ferrell Charles M and Ferrell Sylvia C
Seller's Agent
Lynlee Long
Lynlee L. Long, Broker
Buyer's Agent
Linda Covington
Covington Investment Properties, Inc
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$422,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,740
Avg. Annual Appreciation
10.41%
Original Mortgage
$200,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Ferrell Charles M $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrell Charles M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $250,000 0.0% $92 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $250,000 -- $92 / Sq Ft
Source: Hive MLS

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 $2,273 $396,950 $45,000 $351,950
2023 $2,372 $396,950 $45,000 $351,950
2022 $1,953 $233,950 $30,000 $203,950
2021 $2,024 $233,950 $30,000 $203,950
2020 $1,437 $167,830 $30,000 $137,830
2019 $1,437 $167,830 $30,000 $137,830
2018 $1,382 $172,770 $30,000 $142,770
2017 $1,365 $172,770 $30,000 $142,770
2015 $1,339 $172,770 $30,000 $142,770
2014 $1,265 $165,380 $15,000 $150,380
2013 -- $165,380 $15,000 $150,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 202575

Hive MLS

APN: 8561-08-79-8936