NOT LISTED FOR SALE

203 Chester Way Pinehurst, NC 28374

Estimated Value: $1,900,051 - $2,265,000

5 Beds
4.5 Baths
5,580 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $1,795,000 $322 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,991/month

9 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • 1.42 Acre Lot
  • McDeeds Creek Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of February 2022

A rare opportunity to own a builder's personal ''forever home'' awaits in this 5500 SF+ Forest Creek executive property. Anticipated completion date in January of 2022 (photos show mid-build process, more photos coming soon). Finishing touches are now being installed. Overflowing with character, top of the line materials, workmanship and amenities, this home is a must see. From top to bottom, everything about this property has been carefully planned. Timeless, French inspired design with painted brick exterior and standing seam copper roofing on dormers and portico. Custom wood entry doors open into the impressive two story foyer with freestanding sweeping staircase, detailed millwork and abundant natural light. Floor plan is ideal for families and entertaining. Quarter sawn, site finished White Oak flooring throughout. Exceptional kitchen featuring inset white custom cabinetry, unlacquered brass hardware, 48'' Wolf range, 48'' Sub Zero refrigerator, Bosch dishwasher, built-in drawer microwave. Two-story living room with gas fireplace, built in cabinets, wainscoting and stunning views of the backyard, which is located on the 15th hole of the South course. Formal dining room as well as breakfast area. Main floor, spacious master suite with sitting area, stunning bathroom and walk in closet with custom shelving. Upstairs, 4 spacious bedrooms, two with en-suite baths. Bonus room features custom niche cabinetry. Additional unfinished bonus makes for wonderful storage, or finish it off to have even more heated square footage. Unique design which allows for TWO double car garages (on opposite ends of the home), capable of housing 4 vehicles total. Home gym complete with rubberized flooring. Large circular driveway allows for abundant parking and easy entry/exit for guests. Over 1.4 acre lot that is spacious and level. Yard is fully landscaped with Bermuda sod and irrigation. This is a once in a lifetime home, ideal for even the most discerning buyer.

Last Agent to Sell the Property

Brittany Paschal

Front Runner Realty Group License #282939 Listed on: 12/13/2021

Last Buyer's Agent

Outside MLS Sold Triad MLS

Non Member Transaction

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 199.66x157.78x300.96x51.1x391.68
  • Property fronts a private road
  • Cul-De-Sac
  • Irrigation
  • Property is zoned RS-3

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 5,580 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space
  • Solid Surface Countertops
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 4 Car Attached Garage
  • Driveway

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane Water Heater
  • Fuel Tank

Additional Features

  • Covered Patio or Porch
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 97000163

Community Details

Overview

  • Master Insurance
  • Forest Creek Subdivision
  • Maintained Community

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2021
  • Road Frontage Type: Golf Front
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 5500 - 5999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Mud Room, Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 321.68
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Bedroom 5 Level: Upper
  • Bonus Room Level: Upper
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Other Level: Main
  • Sq Ft Heated: 5580.00
  • Total Heated Primary Separate Sq Ft: 5580.00

Exterior Features

  • Exterior Features: Gas Logs, Irrigation System
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle, See Remarks, Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric, Propane
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Tennis Court(s), Termite Bond, Restaurant, Maint - Comm Areas, Master Insure, Maint - Roads, Gated, Golf Course, Fitness Center, Community Pool
  • HOA and Neighborhood Amenities Club List: Forest Creek
  • HOAAssociationFee1Year: 1690.00

Lot Info

  • Deed Page: 222.00
  • Lot Acres: 1.42
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 199.66x157.78x300.96x51.1x391.68
  • Lot Sq Ft: 61855.00
  • Zoning: RS-3

Green Features

  • Green Bldg Features: Sealed Crawl Space

Tax Info

  • Tax Identifier: 97000163
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 6, 2022
Sold by
Cook and Emily
Bought by
Ravula Rajnikanth and Ravula Sapna
Seller's Agent
Brittany Paschal
Front Runner Realty Group
Buyer's Agent
Outside MLS Sold Triad MLS
Non Member Transaction
List Price
$1,795,000
Sold Price
$1,795,000
Current Estimated Value
$2,110,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,763
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,525,750
Outstanding Balance
$1,403,946
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$706,817
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ravula Rajnikanth $1,795,000 Clarke Phifer Vaughn Brenner &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravula Rajnikanth $1,525,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2022 02/17/22 Sold $1,795,000 0.0% $322 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $1,795,000 +1336.0% $322 / Sq Ft
10/19/2020 10/19/20 Sold $125,000 -- -- View Prior Sale
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 $9,892 $1,551,730 $175,000 $1,376,730
2023 $10,203 $1,551,730 $175,000 $1,376,730
2022 $8,133 $879,240 $75,000 $804,240
2021 $713 $75,000 $75,000 $0
2020 $719 $75,000 $75,000 $0
2019 $719 $75,000 $75,000 $0
2018 $950 $105,000 $105,000 $0
2017 $940 $105,000 $105,000 $0
2015 $908 $105,000 $105,000 $0
2014 $1,924 $225,000 $225,000 $0
2013 -- $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100304362

Hive MLS

APN: 8573-10-45-6797