NOT LISTED FOR SALE

15 Muster Branch Rd Pinehurst, NC 28374

Estimated Value: $2,894,000 - $3,703,345

5 Beds
7.5 Baths
7,381 Sq Ft
$457/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $1,800,000 $244 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $18,984/month

Highlights

  • On Golf Course
  • Indoor Pool
  • Clubhouse
  • Pinehurst Elementary School Rated A-
  • 2.34 Acre Lot
  • Wood Flooring

About This Home

As of June 2016

The elegance of past generations combined with modern updates and a fabulous addition makes this charming 1920's home unique. Pinehurst No.2, a Donald Ross Masterpiece, one of the world's most celebrated golf courses, is in your backyard. Let's start there. After a day on the course, take a dip in your 18x40 outdoor heated pool or slide into the key-hole shaped hot tub and watch TV from a luxuriously designed screened room. Interior is rich in architectural detail with several casual living areas. Main level offers Kitchen, Formal Living & Formal Dining rooms, cozy Den, Billiard Room complete with Full Bar. Also on main level is a Guest Suite, sleeping porch, currently used as an office & 2 Laundry rooms. Upper level of original home you will find Master and 2 bedrooms

Last Agent to Sell the Property

Mary Vecchione

MLV Properties License #177830 Listed on: 06/16/2016

Last Buyer's Agent

Keith Harris

Better Homes and Gardens Real Estate Lifestyle Property Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,106

Year Built

  • Built in 1920

Lot Details

  • 2.34 Acre Lot
  • Lot Dimensions are 430x360x230x320
  • On Golf Course

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Home Security System
  • Basement

Kitchen

  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • 1 Attached Carport Space

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3099

Community Details

Overview

  • No Home Owners Association
  • Old Town Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,106

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Flooring: Brick, Carpet, Slate, Tile, Wood
  • Heated Sq Ft: 7500 - 7999
  • Interior Amenities: Basement, Ceiling Fan(s), Gas Logs, Hot Tub, Security System, Wet Bar
  • List Price per Sq Ft: 278.55
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 7.50
  • Bedrooms: 5
  • Total Heated Primary Separate Sq Ft: 7539.00

Exterior Features

  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Patio, Screened
  • Roof: Composition

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Attached Garage Spaces: 3.00

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Ice Maker, Refrigerator, Washer
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Clubhouse, Golf Course, Indoor Pool, Playground, Tennis Court(s)

Lot Info

  • Deed Page: 573.00
  • Lot Acres: 2.34
  • Lot Description: On Golf Course
  • Lot Dimensions: 430x360x230x320
  • Lot Number: 3099

Tax Info

  • Tax Year: 2015
  • Total City Real Estate Property Tax: 6302.00
  • Total Real Estate Property Taxes: 10106.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jun 2, 2016
Sold by
Manchester Douglas F and Manchester Geniya
Bought by
Bell David N and Bell Janet L
Seller's Agent
Mary Vecchione
MLV Properties
Buyer's Agent
Keith Harris
Better Homes and Gardens Real Estate Lifestyle Property Partners
Sold Price
$1,800,000
Current Estimated Value
$3,372,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,782
Avg. Annual Appreciation
7.00%
Original Mortgage
$1,260,000
Outstanding Balance
$980,978
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,391,804

Purchase Details

Closed on
Dec 29, 2005
Sold by
Manchester Douglas F and Manchester Elizabeth C
Bought by
Wake Forest University Development Found

Purchase Details

Closed on
Jun 3, 2004
Sold by
Summit Resources Ltd
Bought by
Wake Forest University Development Found
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
Bell David N $1,800,000 Attorney
Wake Forest University Development Found -- None Available
Wake Forest University Development Found $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell David N $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $1,800,000 -- $244 / 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 $14,071 $2,457,730 $1,140,000 $1,317,730
2023 $14,685 $2,457,730 $1,140,000 $1,317,730
2022 $13,613 $1,630,340 $665,000 $965,340
2021 $14,102 $1,630,340 $665,000 $965,340
2020 $13,958 $1,626,060 $665,000 $961,060
2019 $13,958 $1,630,340 $665,000 $965,340
2018 $15,317 $2,173,440 $1,045,000 $1,128,440
2017 $15,125 $2,173,440 $1,045,000 $1,128,440
2015 $16,844 $2,173,440 $1,045,000 $1,128,440
2014 $24,092 $3,149,270 $1,393,840 $1,755,430
2013 -- $3,149,270 $1,393,840 $1,755,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 174212

Hive MLS

APN: 8562-09-26-3284