$20,000
SOLD APR 10, 2017

225 Merion Cir Pinehurst, NC 28374

0.4 Acre
$50,000 Price per Acre
17,424 Sq Ft Lot

Recently Sold

168 Days on Market

About This Lot

As of September 2024

Priced below tax value in beautiful residential neighborhood, surrounded by lovely homes.

Last Agent to Sell the Property

Pamela Jensen, MBA

Berkshire Hathaway HS SP/Pinehurst Realty Group/SP Listed on: 09/24/2016

Last Buyer's Agent

Bill Brock

Berkshire Hathaway HS Pinehurst Realty Group/PH License #197240

Berkshire Hathaway HS Pinehurst Realty Group/PH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $630

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 80x150x141x238

Community Details

  • No Home Owners Association
  • Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 551

Property Details

Property Type

Land

Est. Annual Taxes

$630

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 489.00
  • Lot Dimensions: 80x150x141x238
  • Lot Number: 551
  • Acres: 0.40
  • List Price per Acre: 62500.00
  • Lot Number2: 551

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Sep 17, 2024
Sold by
Eno Rentals Four Llc
Bought by
Saxton Jon and Saxton Angela
Seller's Agent
Patrick Phillips
Village Properties of Pinehurst LLC
Buyer's Agent
Lee Ann Graham
Coldwell Banker Advantage-Southern Pines
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Views
39
Current Estimated Value
$589,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,726
Avg. Annual Appreciation
1.76%
Original Mortgage
$427,500
Outstanding Balance
$425,136
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$168,522

Purchase Details

Listed on
Feb 19, 2023
Closed on
Mar 22, 2023
Sold by
Bell George W and Bell Narmaya
Bought by
Eno Rentals Four Llc
Seller's Agent
Kristin Mueller
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
A Non Member
A Non Member
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
365.85%

Purchase Details

Closed on
Dec 18, 2020
Sold by
Fi Properties Llc
Bought by
Bell George W and Bell Narmaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,999
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2020
Sold by
Stabile Peter and Stabile Michelle
Bought by
Fi Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,999
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 24, 2016
Closed on
Mar 7, 2017
Sold by
Koontz William E and Koontz Susan K
Bought by
Stabile Peter and Stabile Michelle
Seller's Agent
Pamela Jensen, MBA
Berkshire Hathaway HS SP/Pinehurst Realty Group/SP
Buyer's Agent
Bill Brock
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.53%

Purchase Details

Closed on
Jan 21, 2005
Sold by
Colburn Patricia A
Bought by
Koontz William E and Koontz Susan K

Purchase Details

Closed on
Jun 15, 1990
Sold by
Colburn Melvin and Colburn Patricia
Bought by
Koontz William E and Koontz Susan K
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 Type Sale Price Title Company
Warranty Deed $585,000 None Listed On Document
Warranty Deed $60,000 --
Warranty Deed $20,000 None Available
Warranty Deed $8,500 None Available
Warranty Deed $20,000 None Available
Warranty Deed $20,000 None Available
Deed $4,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $14,999 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $585,000 -6.4% $293 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $625,000 +941.7% $313 / Sq Ft
03/30/2023 03/30/23 Sold $60,000 -11.8% --
02/28/2023 02/28/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $68,000 -9.3% --
02/19/2023 02/19/23 For Sale $75,000 +275.0% --
04/10/2017 04/10/17 Sold $20,000 0.0% --
03/11/2017 03/11/17 Pending -- -- --
09/24/2016 09/24/16 For Sale $20,000 -- --
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 $630 $110,000 $80,000 $30,000
2023 $478 $80,000 $80,000 $0
2022 $334 $40,000 $40,000 $0
2021 $346 $40,000 $40,000 $0
2020 $342 $40,000 $40,000 $0
2019 $342 $40,000 $40,000 $0
2018 $256 $32,000 $32,000 $0
2017 $253 $32,000 $32,000 $0
2015 $248 $32,000 $32,000 $0
2014 $214 $28,000 $28,000 $0
2013 -- $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Phillips

    Seller's Agent in 2024

    Patrick Phillips

    Village Properties of Pinehurst LLC

    (910) 639-0397

    165 Total Sales

    Patrick Phillips
    Section Image
  • Lee Ann Graham

    Buyer's Agent in 2024

    Lee Ann Graham

    Coldwell Banker Advantage-Southern Pines

    (336) 287-8085

    65 Total Sales

    Lee Ann Graham
    Section Image
  • Kristin Mueller

    Seller's Agent in 2023

    Kristin Mueller

    Coldwell Banker Advantage-Southern Pines

    (910) 693-3300

    178 Total Sales

    Kristin Mueller
    Section Image

  • A

    Buyer's Agent in 2023

    A Non Member

    A Non Member

  • P

    Seller's Agent in 2017

    Pamela Jensen, MBA

    Berkshire Hathaway HS SP/Pinehurst Realty Group/SP

  • Bill Brock

    Buyer's Agent in 2017

    Bill Brock

    Berkshire Hathaway HS Pinehurst Realty Group/PH

    (910) 639-1148

    34 Total Sales

    Bill Brock
    Section Image
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Map

Source: Hive MLS

MLS Number: 178139

Hive MLS

APN: 8552-14-43-2232

North Carolina Moore County Pinehurst 28374

225 Merion Cir, Pinehurst, NC

This home is located at 225 Merion Cir, Pinehurst, NC 28374 and is currently priced at $20,000. 225 Merion Cir 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.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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