NOT LISTED FOR SALE

161 Cherokee Rd Unit 4 Pinehurst, NC 28374

Estimated Value: $420,000 - $672,000

2 Beds
2 Baths
1,443 Sq Ft
$685/mo HOA Fee

Last Sold March 26, 2020

Last sale price $360,161 $250 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,825/month

Highlights

  • Golf Course Community
  • Indoor Pool
  • Clubhouse
  • Pinehurst Elementary School Rated A-
  • 0.75 Acre Lot
  • 1-minute walk to Tufts Memorial Park

About This Home

As of March 2020

Turn Key Living in the Heart of Old Town. One Building, 6 Exclusive Condos, Elevator accesses Basement with Garages and Storage, first and second levels. This unit has recently been updated and is being sold furnished with a few exceptions. New Appliances, Flooring & Paint. It's charming with two balconies. Experience all Pinehurst has to offer at your fingtertips Currently these units are not able to be rented per covenants and restrictions. One Car Garage Space for each unit. Master Insurance Policy on Building. HOA dues paid yearly or Bi-Yearly. Roof replaced in 2015. This complex has two addresses... 161 Cherokee and 155 Everette. One for physical address one for mail.

Last Agent to Sell the Property

Deborah Darby

Berkshire Hathaway HS Pinehurst Realty Group/PH License #250638 Listed on: 03/26/2020

Berkshire Hathaway HS Pinehurst Realty Group/PH

Last Buyer's Agent

Patrick Phillips

Village Properties of Pinehurst LLC License #25591

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1979

Lot Details

  • 0.75

HOA Fees

  • $685 Monthly HOA Fees

Home Design

  • Composition Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,443 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Tray Ceiling
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Termite Clearance
  • Washer
  • Basement

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Indoor Pool
  • Balcony
  • Deck
  • Outdoor Storage

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Irrigation

Listing and Financial Details

  • Tax Lot Holly House Unit 4

Community Details

Overview

  • Old Town Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,431

Year Built

Built in 1979

Lot Details

0

HOA Fees

$685 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Basement, Blinds/Shades, Ceiling - Trey, Elevator, Furnished, Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 242.55
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1443.39
  • Total Heated Primary Separate Sq Ft: 1443.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Aluminum Siding
  • Exterior Structures: Storage
  • Porch Balcony Deck: Balcony, Deck
  • Road Type Frontage: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Golf Course, Indoor Pool, Tennis Court(s), Termite Bond
  • HOA and Neighborhood Amenities Club List: Pinehurst Country Club
  • HOAAssociationFee1Year: 8220.00

Lot Info

  • Deed Page: 547.00
  • Lot Acres: 0.75
  • Lot Dimensions: Condo Complex of 6
  • Lot Number: Holly House Unit 4
  • Special Assessments: None Known
  • Zoning: RM

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 841.83
  • Total Real Estate Property Taxes: 1431.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Mar 4, 2020
Sold by
Olsen Todd L and Olsen Leta Gail
Bought by
Rucinsky Thomas J and Rucinsky Patricia A
Seller's Agent
Deborah Darby
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Patrick Phillips
Village Properties of Pinehurst LLC
Sold Price
$360,161
Current Estimated Value
$551,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,725
Avg. Annual Appreciation
8.07%
Original Mortgage
$349,358
Outstanding Balance
$310,159
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$241,727

Purchase Details

Closed on
Feb 23, 2014
Sold by
Tobias Emily A
Bought by
Olson Todd L
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
Rucinsky Thomas J $360,500 None Available
Olson Todd L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rucinsky Thomas J $349,358
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $360,161 -- $250 / 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 $2,716 $474,390 $90,000 $384,390
2023 $2,834 $474,390 $90,000 $384,390
2022 $2,343 $280,610 $85,000 $195,610
2021 $2,427 $280,610 $85,000 $195,610
2020 $2,354 $270,610 $85,000 $185,610
2019 $2,146 $280,610 $85,000 $195,610
2018 $2,173 $274,920 $85,000 $189,920
2017 $2,146 $274,920 $85,000 $189,920
2015 $2,105 $274,920 $85,000 $189,920
2014 $3,443 $451,300 $81,000 $370,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 198632

Hive MLS

APN: 856200065503888