NOT LISTED FOR SALE

15 Ritter Rd Pinehurst, NC 28374

Estimated Value: $1,349,000 - $1,470,000

3 Beds
4.5 Baths
3,585 Sq Ft
$395/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $1,450,000 $404 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,978/month

24 Days on Market

Highlights

  • 0.79 Acre Lot
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Pinehurst Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

This quintessential Grand Southern residence epitomizes the relaxed and upscale lifestyle that is Old Town Pinehurst. Walk up to the gracious, columned front porch which spans the front of the house and enter through double doors. You will be greeted with a soaring staircase and two-story Great Room with fireplace, cherry hardwood flooring, and wet bar. An adjacent atrium/Carolina room featuring federal style, arched windows is currently used as a light filled art studio. The formal dining room, grand staircase and upstairs balcony add to the ambiance. A large island, newer refrigerator and dishwasher, quartz countertops, farmers sink and white tile backsplash grace the kitchen with an adjacent pantry/laundry room and breakfast area. Converse and mingle with guests in the comfortable seating area with custom built-in shelving that is open the kitchen while you prepare a meal. The spacious main floor Owners Suite includes a private screened-in veranda, 2 walk-in closets, double sinks, tub and tiled shower. Upstairs are two additional bedrooms and baths, plenty of closet space and storage areas and a charming reading library overlooking the Great Room. Above the garage you'll find a separate guest quarters with full bath perfect for visiting family or a quiet retreat that is currently used as an office and studio. The grounds are landscaped with perennials and native plants, with the front yard boasting an azalea garden of over 30 plantings that produce a spectacular show each Spring. Sip a glass of Cabernet in the fenced back yard garden and entertain family and friends. Literally just minutes from the resort and the Village. New roof in 2019, upstairs HVAC in 2020 and all ductwork underneath the house completely replaced. Interior and outside trim newly painted. Irrigation is on well and new pump has been installed.

Last Agent to Sell the Property

Bob Koechlin

Coldwell Banker Advantage-Southern Pines License #288687 Listed on: 06/12/2024

Coldwell Banker Advantage-Southern Pines

Last Buyer's Agent

Barbara Klug

Pinehurst Area Realty License #32202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,963

Year Built

  • Built in 1995

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 115x115x50x120x115x155
  • Fenced Yard
  • Decorative Fence
  • Property is zoned R20

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,585 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Down Draft Cooktop
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00024433

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,963

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Wet Bar, Walk-In Closet, Gas Logs, Pantry, Kitchen Island, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 444.91
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 3
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 3585.00
  • Total Heated Primary Separate Sq Ft: 3585.00

Exterior Features

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

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular, Gravel

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Vent Hood, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Downdraft
  • Cooling System: Heat Pump
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Other-See Remarks
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 29.00
  • Lot Acres: 0.79
  • Lot Dimensions: 115x115x50x120x115x155
  • Lot Sq Ft: 34412.00
  • Zoning: R20

Tax Info

  • Tax Identifier: 00024433
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 6963.39

MLS Schools

  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Sep 26, 2024
Sold by
Foley Hugh W and Tudor-Foley Rebecca
Bought by
Lutz Quentin F J and Lutz Leanne
Seller's Agent
Bob Koechlin
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Barbara Klug
Pinehurst Area Realty
List Price
$1,595,000
Sold Price
$1,450,000
Premium/Discount to List
-$145,000
-9.09%
Views
79
Current Estimated Value
$1,416,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,487
Avg. Annual Appreciation
-1.87%
Original Mortgage
$434,000
Outstanding Balance
$428,403
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$988,110

Purchase Details

Closed on
Apr 3, 2019
Sold by
Register Thomas E and Register Anne Hostetler
Bought by
Foley Hugh W and Tudor Foley Rebecca

Purchase Details

Closed on
Jun 25, 2014
Sold by
Register Anne Hostetler
Bought by
Register Thomas E

Purchase Details

Closed on
Nov 10, 2005
Sold by
Schaefer Juergen R and Schaefer Glenna M
Bought by
Register Tom and Register Anne
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
Lutz Quentin F J $1,434,000 None Listed On Document
Foley Hugh W $676,500 None Available
Register Thomas E -- None Available
Register Tom $995,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Quentin F J $434,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $1,450,000 -9.1% $404 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,595,000 -- $445 / 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 $6,672 $1,165,420 $350,700 $814,720
2023 $6,963 $1,165,420 $350,700 $814,720
2022 $6,948 $832,100 $229,350 $602,750
2021 $7,198 $832,100 $229,350 $602,750
2020 $7,124 $832,100 $229,350 $602,750
2019 $7,124 $832,100 $229,350 $602,750
2018 $6,158 $769,720 $213,940 $555,780
2017 $6,081 $769,720 $213,940 $555,780
2015 $5,965 $769,720 $213,940 $555,780
2014 $7,005 $915,650 $232,950 $682,700
2013 -- $915,650 $232,950 $682,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100449785

Hive MLS

APN: 8552-12-85-3605