NOT LISTED FOR SALE

38 Waddell Hollow Rd Pittsboro, NC 27312

Estimated Value: $647,000 - $1,008,000

5 Beds
3.5 Baths
3,371 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $910,000 $270 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,848/month

3 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Wood Burning Stove
  • Horses Allowed On Property
  • 3.05 Acre Lot
  • Farm

About This Home

As of September 2022

BEST AND FINAL OFFERS DUE MONDAY AT 7 PM, 8-15-22,Once in lifetime a property like this comes up- Lovingly and Creatively restored, amazing spaces both inside and out. Potential to have this as a full compound or use the detached office space as your business venture right at home! These 3 acres also feature a 5 bedroom/3.5 bath main home & a gorgeous pool, all located right down the road from walkable Pittsboro! A true Cook's Kitchen, a floorplan second to none with ease of flow- energy efficient upgrades, and additional 909 sq ft of detached office space for home business or inlaw suite. Can you tell this is my favorite home I've listed in 20 plus years?!Showings moved up to start on Aug 13th!!!!

Last Agent to Sell the Property

Julie Cummins

Chatham Homes Realty License #211209 Listed on: 07/21/2022

Co-Listed By

Lonnie West

Chatham Homes Realty License #248825

Last Buyer's Agent

Rebekah Lindsey

Real Broker, LLC - Carolina Collective Realty License #286051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 1922

Lot Details

  • 3.05 Acre Lot
  • Fenced Yard
  • Open Lot
  • Landscaped with Trees
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 3,371 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Propane Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Storage
  • Laundry on main level
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Bathtub
  • Shower Only

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Northwood High School

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,198

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • Prop. Type: Residential
  • Horses: Yes
  • Co List Office Phone: 919-545-2333
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3371.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 852.0
  • General Property Information Total Unfinished Area2: 852.0
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Once in lifetime a property like this comes up- Lovingly and Creatively restored, amazing spaces both inside & out. Potential to have this as a full compound or use the detached office space as your business venture right at home! 3 acres w/two living spaces including 5 plus bds and pool are located right down the road from Pittsboro! A true Cook's Kitchen, easy flow floorplan in main home and addnl 909 sqft in detached unit that has been used as office. Call Julie 919-524-7476 Lonnie 919-619-0047
  • Other Structures Workshop: Yes
  • In-Law Suite Details Separate Building: Yes
  • Pool Features In Ground: Yes
  • General Property Information Horse YN2: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 3371.0
  • General Property Information Carport YN: No
  • Other Structures Barn(s): Yes
  • General Property Information Lot Size Square Feet2: 132727.32
  • General Property Information Lot Size Acres: 3.047
  • General Property Information:Living Area3: 3371.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Shower Only, Smooth Ceilings, Storage
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Gas Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Masonry, Propane, Wood Burning Stove
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 3.05
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Farm: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump, Propane, Wood Stove
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Horton

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 132727.32
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3198.0
  • Tax Year: 2021
  • Tax Map Number: DB 621, P0415

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 23, 2022
Sold by
Loops Charles E and Loops Nadine B
Bought by
Spencer Cindy Lynn
Seller's Agent
Julie Cummins
Chatham Homes Realty
Buyer's Agent
Rebekah Lindsey
Real Broker, LLC - Carolina Collective Realty
List Price
$836,000
Sold Price
$910,000
Premium/Discount to List
$74,000
8.85%
Current Estimated Value
$857,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,398
Avg. Annual Appreciation
-1.84%
Original Mortgage
$680,000
Outstanding Balance
$643,817
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$213,785

Purchase Details

Closed on
May 26, 2016
Sold by
Anderson Elizabeth C
Bought by
Loops Charles E and Loops Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1996
Bought by
Loops Charles E and Loops Nadine B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spencer Cindy Lynn $910,000 --
Loops Charles E $246,000 Attorney
Loops Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Cindy Lynn $680,000
Previous Owner Loops Charles E $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $910,000 -- --
09/29/2022 09/29/22 Sold $910,000 +8.9% $270 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $836,000 -- $248 / Sq Ft
Source: Doorify 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
2025 $4,202 $569,766 $107,752 $462,014
2024 $4,202 $388,289 $95,658 $292,631
2023 $3,505 $388,289 $95,658 $292,631
2022 $3,073 $388,289 $95,658 $292,631
2021 $3,198 $388,289 $95,658 $292,631
2020 $2,906 $350,916 $70,625 $280,291
2019 $2,906 $350,916 $70,625 $280,291
2018 $2,725 $350,916 $70,625 $280,291
2017 $2,725 $350,916 $70,625 $280,291
2016 $2,249 $285,357 $56,500 $228,857
2015 $1,681 $213,529 $56,500 $157,029
2014 $1,666 $213,529 $56,500 $157,029
2013 -- $213,529 $56,500 $157,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2464018

Doorify MLS

APN: 62489