$2,080,000
SOLD NOV 13, 2024

176 Merry Way Southern Pines, NC 28387

3 Beds
3.5 Baths
4,202 Sq Ft
10.04 Acres

Recently Sold

$495 Per Sq Ft

17% Below List Price

134 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • 10.04 Acre Lot
  • Pinecrest High School Rated A-
  • Pond View
  • Farm

About This Home

As of November 2024

This stunning equestrian estate brings an air of old world craftmanship to our modern day. The home was built in 2007 to look like an 18th century European mansion. Every detail has a special story that integrates pieces of family history with old world charm. As you walk through the exquisite handmade front door, you are greeted with a pure silver chandelier and sconces that are family heirlooms. The flooring throughout the home is wide plank and a combination of pine, walnut and oak. The stairs that lead to the second floor are purported to be from Dartmouth College. The fireplace in the family room is an 18th century replica of a Chatsworth House in England. The fireplace in the library boasts 18th century French marble. The hardware on doors and windows are antique, many from the 17th and 18th century. Diamond pain and stained glass windows were reclaimed from historic properties. The spacious primary suite is on the second floor and boasts his and hers closets and large bathroom with soaking tub. The sitting room with a surround of windows, gives you the feeling that you are sitting in the forest enjoying all that nature has to share. The kitchen is a chefs dream with a 6 burner Viking range, large center island and a butler's pantry. The property is just over 10 acres and includes three lush pastures and a 4 stall barn with center aisle. The barn has a one bedroom apartment upstairs and a studio apartment downstairs, perfect for guests or a farm manager. The Walter Moss Foundation and the trails around Weymouth Woods are a short hack. The location of this property is fantastic, offering seclusion in the heart of horse country, while being only a few minutes to all that downtown Southern Pines has to offer. Note. The septic permit for the house was originally submitted for a two bedroom home. This was not changed when a larger home was built. There is a room upstairs that has been used as a third bedroom. See floor plan.

Last Agent to Sell the Property

Joy Donat

Pines Sotheby's International Realty License #240843 Listed on: 05/16/2024

Pines Sotheby's International Realty

Last Buyer's Agent

Audrey Wiggins

Better Homes and GardensReal Estate Lifestyle Property Partners/SP License #195512

Better Homes and GardensReal Estate Lifestyle Property Partners/SP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,301

Year Built

  • Built in 2007

Lot Details

  • 10.04 Acre Lot
  • Property fronts a private road
  • Split Rail Fence
  • Wood Fence
  • Wooded Lot
  • Property is zoned RE

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 4,202 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Blinds
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Pond Views

Kitchen

  • Range with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bedroom Suite

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Dirt Driveway
  • Additional Parking

Outdoor Features

  • Pond
  • Porch

Farming

  • Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Power Generator
  • Propane
  • Well
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 94000212

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,301

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Horses Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished - No, Outside Entrance
  • Dining Room Type: Combination, Formal
  • Fireplace: 3+
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Apt/Suite, Solid Surface, Wet Bar, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Bookcases, Blinds/Shades, Basement
  • List Price per Sq Ft: 464.53
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Bedroom 2 Level: Upper
  • Bonus Room Level: Upper
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Upper
  • Office Level: Main
  • Other Level: Main
  • Separate Living Spcs Guest House Desc: apartment above barn
  • Sq Ft Heated: 4202.00
  • Sq Ft Heated Separate: 1169.00
  • Total Heated Primary Separate Sq Ft: 5371.00

Exterior Features

  • Exterior Finish: Stucco
  • Exterior Structures: Barn(s), See Remarks
  • Fencing: Split Rail, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Additional Parking, Dirt

Utilities

  • Appliances Equipment: Dishwasher, Washer, Vent Hood, Range, Microwave - Built-In, Generator, Dryer
  • Cooling System: Central, Heat Pump
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Fireplace(s), Heat Pump, Forced Air
  • Utilities: Septic On Site, Well Water
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 804.00
  • Lot Acres: 10.04
  • Lot Description: Farm, Wooded, Pasture, Horse Farm
  • Lot Dimensions: 10.04 acres
  • Lot Sq Ft: 437342.00
  • Lot Water Features: Pond on Lot
  • Plat Book: 11
  • Plat Page: 677
  • Zoning: RE
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: 94000212
  • Tax Year: 2023

MLS Schools

  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Nov 8, 2024
Sold by
Rigney James H
Bought by
Sharp Susan F
Seller's Agent
Joy Donat
Pines Sotheby's International Realty
Buyer's Agent
Audrey Wiggins
Better Homes and GardensReal Estate Lifestyle Property Partners/SP
List Price
$2,495,000
Sold Price
$2,080,000
Premium/Discount to List
-$415,000
-16.63%
Views
48
Current Estimated Value
$2,071,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,102
Avg. Annual Appreciation
-0.46%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,080,000 None Listed On Document
Warranty Deed $2,080,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $488,301 Unknown
Previous Owner $500,000 Unknown
Previous Owner $350,000 Credit Line Revolving
Previous Owner $350,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $2,080,000 -16.6% $495 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $2,495,000 -- $594 / 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 $6,301 $1,448,610 $491,600 $957,010
2023 $6,591 $1,448,610 $491,600 $957,010
2022 $6,163 $978,280 $268,650 $709,630
2021 $6,788 $1,036,400 $335,810 $700,590
2020 $6,685 $971,350 $335,810 $635,540
2019 $6,685 $1,036,400 $335,810 $700,590
2018 $5,917 $986,150 $321,260 $664,890
2017 $5,769 $986,150 $321,260 $664,890
2015 $5,572 $986,150 $321,260 $664,890
2014 $7,384 $1,286,330 $561,900 $724,430
2013 -- $1,286,330 $561,900 $724,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100423641

Hive MLS

APN: 8591-05-08-3017