NOT LISTED FOR SALE

205 Cherokee Rd Pinehurst, NC 28374

Estimated Value: $1,854,964 - $1,923,000

7 Beds
5.5 Baths
4,300 Sq Ft
$438/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $1,600,000 $372 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,733/month

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Garage
  • Pinehurst Elementary School Rated A-
  • No HOA
  • 3-minute walk to Tufts Memorial Park

About This Home

As of April 2023

Nestled in the heart of the Village of Pinehurst, The Cottage Colony School House is steps away from shops, restaurants, and the famous Pinehurst Resort and golf courses. The home was built for Mr. Clyde Davis in 1917 and in 1918 Miss May Chapman purchased the property to open the Cottage Colony School. This beautiful home has been lovingly renovated and remodeled throughout with original heart pine floors, updated windows, and more. The gourmet kitchen boasts an island, chef grade appliances, and breakfast room with built-ins and wine fridge. Back door leads out to a charming patio with a vine covered pergola. Living room with fireplace and French doors lead into the Family Room which has a vaulted ceiling, slate floor, and second fireplace. Primary Bedroom on the main floor with adjacent office. Upstairs 5 additional bedrooms plus a loft area. Back bedroom floors were recently refinished and the bathroom was renovated. This property is turn-key at its finest! Fully furnished and currently a successful rental property managed by a local company. 205 Cherokee Road has a Transferable Pinehurst Country Club Charter Membership.

Last Agent to Sell the Property

Julia Lattarulo

KELLER WILLIAMS REALTY (PINEHURST) License #317697 Listed on: 11/30/2022

KELLER WILLIAMS REALTY (PINEHURST)

Co-Listed By

Jennifer Nguyen

KELLER WILLIAMS REALTY (PINEHURST) License #283495

Last Buyer's Agent

Scott Lincicome

BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS License #232812

BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,340

Year Built

  • Built in 1917

Lot Details

  • 0.31

Parking

  • Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 4,300 Sq Ft Home
  • 2.5-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • West Pine Middle School
  • Pinecrest High School

Additional Features

  • Zoning described as R10 - Residential District
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Pinehurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8562-09-06-9658

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,340

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Co List Office Mls Id: 33711
  • Co List Office Phone: 910-295-5504
  • Inclusions: Furniture & Appliances
  • Ownership: More than a year
  • Subdivision Name: PINEHURST
  • Architectural Style: Two and One Half Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built: 1917
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplaces: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 4300.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Exclusions: N/A
  • Home Warranty: No
  • Construction Type: Wood Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Pinecrest High School
  • Middle Or Junior School: West Pine Middle School

Lot Info

  • Parcel #: 8562-09-06-9658
  • Zoning Description: R10 - Residential District
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Apr 4, 2023
Sold by
Monarch House Llc
Bought by
205 Cherokee Road Llc
Seller's Agent
Julia Lattarulo
KELLER WILLIAMS REALTY (PINEHURST)
Buyer's Agent
Scott Lincicome
BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%
Views
323
Current Estimated Value
$1,884,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,991
Avg. Annual Appreciation
6.95%
Original Mortgage
$1,067,000
Outstanding Balance
$1,038,624
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$846,367

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 11, 2019
Sold by
Taylor John H and Taylor Carolyn M
Bought by
Monarch House Llc
Seller's Agent
Emily Hewson
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Gloria Sectish
Sandhills Luxury Homes LLC
List Price
$920,000
Sold Price
$920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%
Source: Public Records

Range of Values:

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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
205 Cherokee Road Llc $1,600,000 None Listed On Document
Monarch House Llc $920,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 205 Cherokee Road Llc $1,067,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $1,600,000 0.0% $372 / Sq Ft
04/20/2023 04/20/23 Sold $1,600,000 -13.5% $372 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $1,850,000 -5.1% $430 / Sq Ft
11/30/2022 11/30/22 For Sale $1,950,000 0.0% $453 / Sq Ft
10/03/2022 10/03/22 For Sale $1,950,000 +112.0% $453 / Sq Ft
11/21/2019 11/21/19 Sold $920,000 0.0% $214 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $920,000 -- $214 / Sq Ft
Source: Longleaf Pine REALTORS®

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 $9,340 $1,631,480 $361,790 $1,269,690
2023 $9,748 $1,631,480 $361,790 $1,269,690
2022 $7,812 $935,580 $248,320 $687,260
2021 $8,093 $935,580 $248,320 $687,260
2020 $8,033 $933,360 $248,320 $685,040
2019 $8,033 $938,330 $248,320 $690,010
2018 $5,862 $732,730 $224,840 $507,890
2017 $5,789 $732,730 $224,840 $507,890
2015 $5,679 $732,730 $224,840 $507,890
2014 $7,487 $978,670 $181,840 $796,830
2013 -- $978,670 $181,840 $796,830
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Julia Lattarulo

    Berkshire Hathaway HS Pinehurst Realty Group/PH

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Nguyen

    Berkshire Hathaway HS Pinehurst Realty Group/PH

  • Scott Lincicome

    Buyer's Agent in 2023

    Scott Lincicome

    Better Homes and Gardens Real Estate Lifestyle Property Partners

    (910) 315-7856

    141 in this area

    395 Total Sales

    Scott Lincicome
    Section Image

  • E

    Seller's Agent in 2019

    Emily Hewson

    Berkshire Hathaway HS Pinehurst Realty Group/PH

    (910) 315-3324

    3 in this area

    3 Total Sales

    Emily Hewson
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Pamela O'Hara

    Berkshire Hathaway HS Pinehurst Realty Group/PH

  • G

    Buyer's Agent in 2019

    Gloria Sectish

    Sandhills Luxury Homes LLC

    29 in this area

    33 Total Sales

    Gloria Sectish
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 695510

Longleaf Pine REALTORS®

APN: 8562-09-06-9658

North Carolina Moore County Pinehurst 28374

205 Cherokee Rd, Pinehurst, NC

This home is located at 205 Cherokee Rd, Pinehurst, NC 28374 since 30 November 2022 and is currently estimated at $1,884,991, approximately $438 per square foot. This property was built in 1917. 205 Cherokee Rd is a home located in Moore County with nearby schools including Pinehurst Elementary School, West Pine Middle School, and Pinecrest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Longleaf Pine REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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