NOT LISTED FOR SALE

40 Cypress Point Dr Pinehurst, NC 28374

Estimated Value: $1,519,000 - $1,802,000

6 Beds
5 Baths
5,466 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $1,300,000 $238 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,178/month

2 Days on Market

Highlights

  • In Ground Pool
  • 5.58 Acre Lot
  • Wood Flooring
  • Pinecrest High School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of March 2022

Beautiful custom built CCNC Golf Front home on the 8th fairway of the Cardinal Course. Expansive views but very private setting on 5.58 acres of lush, mature landscaping. Built in 1999 by Alex Bowness with every attention given to detail and quality. All ceilings on first floor at least 10'. Foyer is 19', vaulted ceiling in family room is 19'.Hardwood floors on first floor except for 2nd bedroom. Gas fireplace and built- in bookcases in study. Built in bookcase in family room. Master bedroom, dining room, kitchen, breakfast area and family room all overlook golf course and heated pool with waterfall; large windows provide lots of light and bring the outdoors inside. Upstairs, 4 more bedrooms, bonus room and storage. 2.5 car detached garage with partially finished attic space. A delightful front porch is perfect for relaxing. Since 2019 many updates have been made. New roof on house and garage, one new heat pump and air handler, new Generac whole house generator with new 500 gallon in ground propane tank, all new GE Monogram kitchen appliances and propane gas cooktop. Installed heater for pool with new 500 gallon in ground propane tank. Replaced pool cover, motor and enclosed mechanical equipment for pool. New pump and pressure tank for irrigation system. Sheetrocked garage attic. Recarpeted upstairs bedrooms. Buyer must be member of CCNC prior to closing. Seller needs 2 hour notice for all showings. This is a Must See very Special House.

Last Agent to Sell the Property

Emily Hewson

Berkshire Hathaway HS Pinehurst Realty Group/PH License #47467 Listed on: 12/06/2021

Berkshire Hathaway HS Pinehurst Realty Group/PH

Co-Listed By

Pamela O'Hara

Berkshire Hathaway HS Pinehurst Realty Group/PH License #279209

Last Buyer's Agent

dale heck

Sandhills Luxury Homes LLC License #190045

Sandhills Luxury Homes LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,015

Year Built

  • Built in 1999

Lot Details

  • 5.58 Acre Lot
  • Property fronts a private road
  • Electric Fence
  • Irrigation
  • Property is zoned R210

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 5,466 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Unfinished Basement
  • Crawl Space
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4.5 Garage Spaces | 2 Attached and 3 Detached
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Location

  • Property is near golf course

Utilities

  • Central Air
  • Heating System Uses Propane
  • Power Generator
  • Whole House Permanent Generator
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ccnc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00015714

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,015

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1999
  • Road Frontage Type: Golf Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Basement: Finished - No
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: 1st Floor Master, Security System, Whole-Home Generator, Walk-In Closet, Walk-in Shower, Smoke Detectors, Skylights, Foyer, Pantry, Mud Room, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 228.69
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 6
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Bedroom 5 Level: Upper
  • Bonus Room Level: Upper
  • Breakfast Nook Level: Main
  • Den Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 5466.00
  • Total Heated Primary Separate Sq Ft: 5466.00

Exterior Features

  • Exterior Features: Gas Logs, Irrigation System
  • Exterior Finish: Brick, Wood Siding
  • Fencing: Electric
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Private
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Detached Garage Spaces: 2.50
  • Total Garage Spaces: 4.50
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Vent Hood, Refrigerator, Microwave - Built-In, Generator, Double Oven, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 150.00
  • Lot Acres: 5.58
  • Lot Dimensions: 5.58 acres
  • Lot Sq Ft: 243065.00
  • Lot Water Features: None
  • Zoning: R210

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 00015714
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 2918.66
  • Total Real Estate Property Taxes: 8014.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 9, 2022
Sold by
Taylor John H and Taylor Carolyn M
Bought by
Melvin Peter Christopher and Melvin Atherine
Seller's Agent
Emily Hewson
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
dale heck
Sandhills Luxury Homes LLC
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Current Estimated Value
$1,639,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,197
Avg. Annual Appreciation
6.22%
Original Mortgage
$1,169,870
Outstanding Balance
$1,091,075
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$548,122

Purchase Details

Listed on
May 15, 2019
Closed on
Dec 2, 2019
Sold by
Morris John Robert and Morris Mary Lowe
Bought by
Taylor John H and Taylor Carolyn M
Seller's Agent
Emily Hewson
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Emily Hewson
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$812,000
Sold Price
$812,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.38%
Original Mortgage
$400,000
Interest Rate
2.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melvin Peter Christopher $2,600 Clarke Phifer Vaughn Brenner &
Taylor John H $812,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melvin Peter Christopher $1,169,870
Previous Owner Taylor John H $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $1,300,000 +4.0% $238 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $1,250,000 +53.9% $229 / Sq Ft
12/05/2019 12/05/19 Sold $812,000 0.0% $149 / Sq Ft View Prior Sale
11/05/2019 11/05/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $812,000 -- $149 / 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 $7,379 $1,288,940 $315,000 $973,940
2023 $7,701 $1,288,940 $315,000 $973,940
2022 $7,737 $926,560 $225,000 $701,560
2021 $8,015 $926,560 $225,000 $701,560
2020 $7,932 $891,130 $225,000 $666,130
2019 $7,932 $926,560 $225,000 $701,560
2018 $7,068 $883,510 $225,000 $658,510
2017 $6,980 $883,510 $225,000 $658,510
2015 $6,847 $883,510 $225,000 $658,510
2014 $8,254 $1,078,900 $309,380 $769,520
2013 -- $1,078,900 $309,380 $769,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100303586

Hive MLS

APN: 8561-14-44-4424