NOT LISTED FOR SALE

25 Lake Point Dr Pinehurst, NC 28374

Estimated Value: $607,000 - $717,000

3 Beds
3 Baths
2,339 Sq Ft
$250/mo HOA Fee

Last Sold December 08, 2021

Last sale price $530,000 $227 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,966/month

8 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Fireplaces
  • Pinehurst Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of December 2021

STUNNING, long views of Lake Pinehurst from this lock and leave 3 bed, 3 bath condo in Lake Point. Amazing vistas from living/dining, owner's suite, lower level living room and lower level guest room. Expansive main level deck and lower level walkout patio from which to enjoy the beautiful Lake Pinehurst sunsets. This 2,300+ sq ft unit is ready for your imagination and has amazing potential. HOA manages exterior maintenance of building including roof(replaced in 2012), but assesses owners at the time of installation or painting. Also covers gutter cleaning twice per year, basic cable/internet and termite bond, but not pest extermination. HVAC replaced in 2015. Unit does not have a dock, but it is allowed. Lake Pinehurst allows pontoon boats with electric motors only.

Last Agent to Sell the Property

Keith Harris

Pines Sotheby's International Realty License #215989 Listed on: 10/31/2021

Pines Sotheby's International Realty

Last Buyer's Agent

Ross Laton

Better Homes and Gardens Real Estate Lifestyle Property Partners

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • Property fronts a private road

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,339 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Finished Basement
  • Partial Basement
  • Termite Clearance
  • Laundry in Kitchen

Kitchen

  • Electric Cooktop
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • Unpaved Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • Lake Point Condos Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 00052243

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Refrigerator, Disposal, Dishwasher
  • List Priceper Sq Ft: 192.39
  • New Construction: No
  • Prospect Exempt: No
  • Waterview: Yes
  • Year Built: 1985
  • Lot View Type: Water View
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Finished - Partial
  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Carpet, Vinyl, Tile
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Ceiling Fan(s), Basement
  • Laundry Location: Kitchen
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom2 Level: Main
  • Bedroom3 Level: Ground
  • Dining Room Level: Main
  • Family Room Level: Ground
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2339.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 2339.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Maintained, Private
  • Roof: Composition, Shingle
  • Waterfront: Yes
  • Road Frontage Type: Lake Front

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Shared, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 2200 - 2399
  • Heating System: Forced Air, Heat Pump
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Cable, Maint - Grounds, Termite Bond, Maintenance Structure, Maint - Roads
  • H O Aand Neighborhood Amenities Club List: Pinehurst Country Club
  • H O A Association Fee1 Year: 3000.00
  • H O A H O A1 Mgmt Company: Carolina Commercial

Lot Info

  • Cobra Zone: No
  • Deed Page: 786.00
  • Zoning: R MF

Tax Info

  • Tax Identifier: 00052243
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Dec 3, 2021
Sold by
Marlett Carl W and Marlett Gail S
Bought by
Hauser John H and Hauser Patricia Michel
Seller's Agent
Keith Harris
Pines Sotheby's International Realty
Buyer's Agent
Ross Laton
Better Homes and Gardens Real Estate Lifestyle Property Partners
List Price
$450,000
Sold Price
$530,000
Premium/Discount to List
$80,000
17.78%
Current Estimated Value
$668,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,333
Avg. Annual Appreciation
5.68%
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
Hauser John H $530,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $530,000 +17.8% $227 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $450,000 -- $192 / Sq Ft
Source: Hive MLS

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 $2,937 $513,000 $230,000 $283,000
2023 $3,065 $513,000 $230,000 $283,000
2022 $2,729 $326,870 $130,000 $196,870
2021 $2,827 $326,870 $130,000 $196,870
2020 $2,798 $326,870 $130,000 $196,870
2019 $2,798 $326,870 $130,000 $196,870
2018 $2,582 $322,780 $130,000 $192,780
2017 $2,550 $322,780 $130,000 $192,780
2015 $2,502 $322,780 $130,000 $192,780
2014 $2,781 $363,550 $115,000 $248,550
2013 -- $363,550 $115,000 $248,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100299270

Hive MLS

APN: 8551-07-57-5872

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