NOT LISTED FOR SALE

1400 Burning Tree Rd Pinehurst, NC 28374

Estimated Value: $1,066,000 - $1,580,000

0.66 Acre
$2,013,612 Price per Acre
28,750 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $240,000

Est. 454% increase in value since last sale

Current estimated payment $7,539/month

About This Lot

As of August 2016

Pinehurst Lake front lot with bulkhead. Wide open lake view next to the Marina. Mostly cleared, even terrain with 180 degree water view. Wonderful location with access to pristine Lake Pinehurst. Dimensions 85x268x179x225, with huge building area and privacy trees along the marina side. Bulkhead built in 2009.Exceptional lake front lot with very gentle slope to the water. One of the largest waterfront lots left with a wide building pad.Pinehurst Club Membership available for buyer to transfer at their expense.

Last Agent to Sell the Property

Linda Maull

Linda Maull Real Estate Sales License #168378 Listed on: 08/05/2016

Linda Maull Real Estate Sales

Last Buyer's Agent

Peggy Floyd

Keller Williams Pinehurst License #227173

Keller Williams Pinehurst

Property Details

Property Type

  • Land

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 85x258x179x225

Listing and Financial Details

  • Tax Lot 77

Community Details

Overview

  • No Home Owners Association
  • Unit 13 Subdivision

Recreation

  • Bulkhead

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Deed Page: 550.00
  • Directions To Property: Hwy 5 to Lake Hills, Diamondhead toward Marina, RT at Burning Tree, lot on RT. Has cable across front of lot. Next to boat slips at the marina.
  • H O A: No
  • Listing I D: 170571
  • Lot Dimensions: 85x258x179x225
  • Lot Number: 77
  • Lot Water Features: Bulkhead
  • Marketing City: Pinehurst
  • M L S Approved: Y
  • Sign On Property: Yes
  • State Province: NC
  • Subdivision: Unit 13
  • Tax Year: 2015
  • Terms: Cash
  • Total City Real Estate Property Tax: 830.85
  • Un Branded Virtual Tour: http://www.seetheproperty.com/u/176538
  • Acres: 0.66
  • List Priceper Acre: 393939.39
  • Lot Number2: 77
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Jul 19, 2016
Sold by
Mercer John and Mercer Linda
Bought by
Karamalegos Antonios Z and Karamalegos Claire
Seller's Agent
Linda Maull
Linda Maull Real Estate Sales
Buyer's Agent
Peggy Floyd
Keller Williams Pinehurst
Sold Price
$240,000
Current Estimated Value
$1,328,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,088,984
Avg. Annual Appreciation
19.92%

Purchase Details

Closed on
Nov 29, 2005
Sold by
Sterbutzel Thomas
Bought by
Mercer John and Mercer Linda

Purchase Details

Closed on
Jan 24, 1995
Sold by
Sterbutzel Sally L Truste
Bought by
Mercer John and Mercer Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Karamalegos Antonios Z $240,000 Attorney
Mercer John $190,000 None Available
Mercer John -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $240,000 -- --
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 $7,164 $1,251,330 $325,000 $926,330
2023 $7,477 $1,251,330 $325,000 $926,330
2022 $7,089 $849,010 $240,000 $609,010
2021 $7,344 $849,010 $240,000 $609,010
2020 $7,269 $843,300 $240,000 $603,300
2019 $1,973 $849,010 $240,000 $609,010
2018 $6,699 $286,500 $286,500 $0
2017 $2,263 $286,500 $286,500 $0
2015 $2,220 $286,500 $286,500 $0
2014 -- $228,800 $228,800 $0
2013 -- $228,800 $228,800 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Linda Maull

    Linda Maull Real Estate Sales

    (910) 315-5516

    17 in this area

    26 Total Sales

    Linda Maull
    Section Image

  • P

    Buyer's Agent in 2016

    Peggy Floyd

    Keller Williams Pinehurst

    (910) 639-1197

    44 in this area

    65 Total Sales

    Peggy Floyd
    Section Image
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Map

Source: Hive MLS

MLS Number: 170571

Hive MLS

APN: 8551-09-26-0122

North Carolina Moore County Pinehurst 28374

1400 Burning Tree Rd, Pinehurst, NC

Not Listed for Sale

Lots

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