NOT LISTED FOR SALE

260 N May St Southern Pines, NC 28387

Estimated Value: $364,000 - $372,000

2 Beds
1 Bath
786 Sq Ft
$468/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $229,000 $291 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,089/month

53 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • Pinecrest High School Rated A-
  • 1-Story Property
  • 4-minute walk to Southern Pines Rec & Parks

About This Home

As of May 2020

Location! Location! Location! Charming Cottage in Downtown Southern Pines w/ hardwood floors throughout. Updated kitchen has granite counter tops & island w/ breakfast bar and stainless steel appliances. Fully fenced in yard w/ access to lower level studio apartment w/ kitchenette and full bath. This home is perfect for Downtown Southern Pines living! Fantastic investment opportunity: live in one & rent out the other or rent both!No VA or FHA loans on this property due to downstairs studio apartment being a lower level living space.

Last Buyer's Agent

Kristy Rooney

Nexthome In The Pines License #302164

Nexthome In The Pines

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1930

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 100x92.6x99.84x92.49
  • Property is zoned RM-1

Home Design

  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Tank Leased

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,102

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Basement
  • List Price per Sq Ft: 217.06
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Sq Ft Heated: 786.00
  • Sq Ft Heated Separate: 269.00
  • Total Heated Primary Separate Sq Ft: 1055.00

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Cooling System: Central
  • Fuel Tank: Gas
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric, Natural Gas

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 599.00
  • Lot Acres: 0.21
  • Lot Dimensions: 100x92.6x99.84x92.49
  • Zoning: RM-1

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 864.56
  • Total Real Estate Property Taxes: 1102.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Apr 21, 2020
Sold by
Bush Chelsea Elizabeth and Ison Logan J
Bought by
Westendorff Kristen
Buyer's Agent
Kristy Rooney
Nexthome In The Pines
Sold Price
$229,000
Current Estimated Value
$367,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,994
Avg. Annual Appreciation
9.15%
Original Mortgage
$222,130
Outstanding Balance
$196,406
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$171,588

Purchase Details

Listed on
Mar 16, 2017
Closed on
Mar 11, 2017
Sold by
Phillips Charles E and Phillips Katherine
Bought by
Bush Chelsea Elizabeth
Seller's Agent
Kristi Snyder
Everything Pines Partners LLC
Sold Price
$217,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$195,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2015
Sold by
Matzelle Robert and Matzelle Brynna
Bought by
Phillips Charles E and Phillips Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,870
Interest Rate
4.01%
Mortgage Type
VA

Purchase Details

Listed on
May 15, 2014
Closed on
Aug 27, 2014
Sold by
Angel Richard A and Angel Heici M
Bought by
Matzelle Robert and Matzelle Brynna
Seller's Agent
Tony Myers
Assist-2-Sell
Buyer's Agent
Amy Martinez
Realty World Properties of the Pines
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$113,600
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2005
Sold by
Cunningham Deborah D and Cunningham Robert W
Bought by
Angel Richard A and Angel Heidi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Westendorff Kristen $229,000 None Available
Bush Chelsea Elizabeth $217,500 None Available
Phillips Charles E $180,000 None Available
Matzelle Robert $150,000 None Available
Angel Richard A $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westendorff Kristen $222,130
Previous Owner Bush Chelsea Elizabeth $195,750
Previous Owner Phillips Charles E $183,870
Previous Owner Matzelle Robert $113,600
Previous Owner Angel Richard A $107,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2020 05/14/20 Sold $229,000 +5.3% $291 / Sq Ft
03/16/2017 03/16/17 Sold $217,500 +45.0% $273 / Sq Ft View Prior Sale
09/01/2014 09/01/14 Sold $150,000 0.0% $188 / Sq Ft View Prior Sale
08/02/2014 08/02/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $150,000 -- $188 / 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 $1,903 $298,570 $115,520 $183,050
2023 $1,963 $298,570 $115,520 $183,050
2022 $1,999 $216,140 $90,740 $125,400
2021 $2,053 $216,140 $90,740 $125,400
2020 $2,071 $216,140 $90,740 $125,400
2019 $2,071 $216,140 $90,740 $125,400
2018 $1,498 $165,550 $85,970 $79,580
2017 $1,482 $165,550 $85,970 $79,580
2015 $1,432 $165,550 $85,970 $79,580
2014 $828 $96,890 $51,750 $45,140
2013 -- $96,890 $51,750 $45,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 199481

Hive MLS

APN: 8581-06-48-0144