NOT LISTED FOR SALE

260 S Valley Rd Southern Pines, NC 28387

Estimated Value: $1,216,000 - $1,353,875

7 Beds
4.5 Baths
4,119 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $960,000 $233 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,551/month

41 Days on Market

Highlights

  • 1.3 Acre Lot
  • Wood Flooring
  • Solid Surface Countertops
  • Pinecrest High School Rated A-
  • 2 Fireplaces
  • No HOA

About This Home

As of September 2021

Rosewood Cottage, a stunning brick and stucco Tudor that has been extensively renovated, offers style, class, and history. Great care was taken by the owners to preserve the historic detail and beauty while modernizing the necessary amenities. This 3 story home on 1.3 acs features a 'Juliet Balcony', outdoor patios, and multiple porches. The professionally landscaped yard and garden areas are enhanced by a beautiful and relaxing water feature. The cottage is just over 4,100 sqft and offers 7 bedrooms, 4.5 bathrooms and ample living space. A full list of improvements are available, but most notable is the award winning Chef's Kitchen, prep/wet bar area, and butler's pantry. Rosewood Cottage, described by Pinestraw Magazine, a 'Gatsby era retreat that honors the old & celebrates the new!'

Last Agent to Sell the Property

Audrey Wiggins

Better Homes and GardensReal Estate Lifestyle Property Partners/SP License #195512 Listed on: 07/06/2021

Better Homes and GardensReal Estate Lifestyle Property Partners/SP

Last Buyer's Agent

KRISTEN MORACCO

Everything Pines Partners LLC License #312636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1926

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 248x216x245x230
  • Property is zoned RS-3

Parking

  • 2 Car Attached Garage

Home Design

  • Slate Roof
  • Aluminum Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 4,119 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Formal Dining Room
  • Termite Clearance
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Weymouth Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: 3 Story or More
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Basement, Ceiling Fan(s), Solid Surface, Wash/Dry Connect, Wet Bar
  • List Price per Sq Ft: 241.56
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4.50
  • Bedrooms: 7
  • Sq Ft Heated: 4119.00
  • Total Heated Primary Separate Sq Ft: 4119.00

Exterior Features

  • Exterior Finish: Aluminum Siding, Stucco
  • Porch Balcony Deck: Balcony, Covered, Patio, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Slate
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator
  • Cooling System: Central
  • Fuel Tank: Gas
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Termite Bond

Lot Info

  • Deed Page: 378.00
  • Lot Acres: 1.30
  • Lot Dimensions: 248x216x245x230
  • Lot Number: 1
  • Zoning: RS-3

Tax Info

  • Tax Year: 2020
  • Total City Real Estate Property Tax: 2220.80
  • Total Real Estate Property Taxes: 2831.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 18, 2021
Sold by
Pack Lisa Ellen and Marlow Cameron Nelson
Bought by
Moracco Kristen Seefried and Moracco Jeffrey Taylor
Seller's Agent
Audrey Wiggins
Better Homes and GardensReal Estate Lifestyle Property Partners/SP
Buyer's Agent
KRISTEN MORACCO
Everything Pines Partners LLC
List Price
$960,000
Sold Price
$960,000
Current Estimated Value
$1,293,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,120
Avg. Annual Appreciation
7.55%
Original Mortgage
$960,000
Outstanding Balance
$874,152
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$409,567

Purchase Details

Listed on
Jan 31, 2018
Closed on
Jan 29, 2018
Sold by
Hamilton Melissa M and Hamilton James M
Bought by
Pack Lisa Ellen and Marlow Cameron Nelson
Seller's Agent
Tammy Lyne
Keller Williams Pinehurst
Buyer's Agent
Audrey Wiggins
Better Homes and GardensReal Estate Lifestyle Property Partners/SP
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.14%
Original Mortgage
$498,750
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Moracco Kristen Seefried $960,000 None Available
Pack Lisa Ellen $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moracco Kristen Seefried $960,000
Previous Owner Pack Lisa Ellen $498,750
Previous Owner Hamilton Melissa M $35,000
Previous Owner Hamilton Melissa M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $960,000 0.0% $233 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $960,000 +82.9% $233 / Sq Ft
01/31/2018 01/31/18 Sold $525,000 -- $118 / 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 $6,710 $1,052,590 $213,950 $838,640
2023 $6,921 $1,052,590 $213,950 $838,640
2022 $5,136 $555,200 $161,960 $393,240
2021 $5,274 $555,200 $161,960 $393,240
2020 $5,320 $555,200 $161,960 $393,240
2019 $5,320 $555,200 $161,960 $393,240
2018 $4,685 $517,660 $161,960 $355,700
2017 $4,633 $517,660 $161,960 $355,700
2015 $4,478 $517,660 $161,960 $355,700
2014 $5,793 $677,490 $215,950 $461,540
2013 -- $677,490 $215,950 $461,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 206875

Hive MLS

APN: 8581-10-45-2522