NOT LISTED FOR SALE

160 Palmetto Rd Unit 7 Pinehurst, NC 28374

Estimated Value: $247,000 - $308,000

1 Bed
1 Bath
790 Sq Ft
$165/mo HOA Fee

Last Sold July 20, 2018

Last sale price $101,000 $128 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,750/month

8 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 3-minute walk to Tufts Memorial Park
  • Pinehurst Elementary School Rated A-

About This Home

As of July 2018

Prime downtown Pinehurst location with a catbird view from the third floor of historic Palmetto House. Efficient floorplan offers amenities in a small package. This unit has served as a successful investment rental property but it would be perfect for a weekend getaway or for a conscientious person who wants to live in a small footprint.

Last Agent to Sell the Property

Martha Gentry

The Gentry Team License #35242 Listed on: 06/12/2018

The Gentry Team

Last Buyer's Agent

Martha Gentry

The Gentry Team License #35242 Listed on: 06/12/2018

The Gentry Team

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $447

Year Built

  • Built in 1895

Lot Details

  • 0.97

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Stick Built Home

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Termite Clearance

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • Old Town Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$447

Year Built

Built in 1895

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Heated Sq Ft: 600 - 799
  • List Price per Sq Ft: 127.85
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Sq Ft Heated: 790.00
  • Total Heated Primary Separate Sq Ft: 790.00

Utilities

  • Utilities: Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Termite Bond
  • HOAAssociationFee1Year: 1980.00

Lot Info

  • Deed Page: 488.00
  • Lot Description: Corner Lot
  • Lot Dimensions: Condo/Townhouse

Tax Info

  • Tax Year: 2017
  • Total City Real Estate Property Tax: 266.21
  • Total Real Estate Property Taxes: 446.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 18, 2018
Sold by
Williams Christopher M
Bought by
Parker Ryan Christopher and Harder Parker Amanda L
Seller's Agent
Martha Gentry
The Gentry Team
Buyer's Agent
Martha Gentry
The Gentry Team
List Price
$101,000
Sold Price
$101,000
Current Estimated Value
$286,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,387
Avg. Annual Appreciation
15.02%
Original Mortgage
$70,000
Outstanding Balance
$60,665
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$225,722

Purchase Details

Closed on
May 19, 2010
Sold by
Williams Thomas
Bought by
Williams Christopher M
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
Parker Ryan Christopher $101,000 None Available
Williams Christopher M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Ryan Christopher $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $101,000 0.0% $128 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $101,000 -- $128 / 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 $1,073 $187,470 $22,500 $164,970
2023 $1,120 $187,470 $22,500 $164,970
2022 $908 $108,740 $22,500 $86,240
2021 $941 $108,740 $22,500 $86,240
2020 $912 $108,740 $22,500 $86,240
2019 $924 $108,740 $22,500 $86,240
2018 $722 $88,210 $22,500 $65,710
2017 $713 $88,210 $22,500 $65,710
2015 $699 $88,210 $22,500 $65,710
2014 -- $290,200 $70,000 $220,200
2013 -- $216,540 $70,000 $146,540
Source: Public Records

Agents Affiliated with this Home

  • Martha Gentry

    Seller's Agent in 2018

    Martha Gentry

    The Gentry Team

    (910) 295-7100

    384 in this area

    791 Total Sales

    Martha Gentry
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Map

Source: Hive MLS

MLS Number: 188910

Hive MLS

APN: 856209161810675

North Carolina Moore County Pinehurst 28374

160 Palmetto Rd Unit 7, Pinehurst, NC

Not Listed for Sale

Condos

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