NOT LISTED FOR SALE

40 Inverness Lake Place Pinehurst, NC 28374

Estimated Value: $818,000 - $1,056,000

3 Beds
3.5 Baths
3,475 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $410,000 $118 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,383/month

Highlights

  • Boat Dock
  • Golf Course Community
  • Gated Community
  • Pinehurst Elementary School Rated A-
  • Indoor Pool
  • Waterfront

About This Home

As of June 2018

Contemporary waterfront home on over 3 private acres. Over 3400 square feet of open living space with 3 bedrooms 3.5 baths. Built by Alex Bowness with additions and renovations in 2005, this residence has spectacular views of Inverness Lake from every room in the house. The foyer opens to a gorgeous long view of the lake and has vaulted ceilings and a two-sided fireplace that opens to a family room with wet bar. The dining room also opens to the living room and provides great flow to the kitchen. The kitchen has ceramic tile floors and lots of storage space for china. Have a cup of coffee or a glass of wine while overlooking the lake in the breakfast room. Solid surface counters and cabinets with glass fronts are featured in both the kitchen and the utility room.

Last Agent to Sell the Property

Scarlett Allison

Berkshire Hathaway HS Pinehurst Realty Group/PH Listed on: 06/29/2018

Last Buyer's Agent

Victoria Adkins

Coldwell Banker Advantage-Southern Pines License #276981

Coldwell Banker Advantage-Southern Pines

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1982

Lot Details

  • 3.46 Acre Lot
  • Lot Dimensions are 78x117x42x246x235x180x486x328
  • Waterfront
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,475 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Indoor Pool
  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Ccnc Subdivision

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,448

Year Built

Built in 1982

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • Stories Levels: Two
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Gas Logs, Pantry, Skylights, Solid Surface, Wash/Dry Connect, Wet Bar
  • List Price per Sq Ft: 136.69
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.50
  • Bedrooms: 3
  • Sq Ft Heated: 3475.00
  • Total Heated Primary Separate Sq Ft: 3475.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Paved
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Compactor, Dishwasher, Disposal, Ice Maker, Microwave - Built-In, Refrigerator
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Gated, Golf Course, Indoor Pool, Playground, Tennis Court(s)
  • HOAAssociationFee1Year: 1914.00

Lot Info

  • Deed Page: 295.00
  • Lot Acres: 3.46
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 78x117x42x246x235x180x486x328
  • Lot Water Features: Boat Dock

Tax Info

  • Tax Year: 2015
  • Total City Real Estate Property Tax: 2150.44
  • Total Real Estate Property Taxes: 3448.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jun 6, 2018
Sold by
Bish Sarah Joan
Bought by
Berg Harold William and Berg Amanda Strickland
Seller's Agent
Scarlett Allison
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Victoria Adkins
Coldwell Banker Advantage-Southern Pines
Sold Price
$410,000
Current Estimated Value
$943,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,825
Avg. Annual Appreciation
12.03%
Original Mortgage
$287,000
Outstanding Balance
$248,763
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$695,062
Source: Public Records

Range of Values:

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Average Value
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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
Berg Harold William $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Harold William $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $410,000 -- $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 $3,270 $571,120 $212,500 $358,620
2023 $3,412 $571,120 $212,500 $358,620
2022 $3,457 $414,020 $150,000 $264,020
2021 $3,581 $414,020 $150,000 $264,020
2020 $3,545 $414,020 $150,000 $264,020
2019 $3,545 $414,020 $150,000 $264,020
2018 $5,452 $681,530 $300,000 $381,530
2017 $5,384 $681,530 $300,000 $381,530
2015 $5,282 $681,530 $300,000 $381,530
2014 $5,533 $723,210 $215,630 $507,580
2013 -- $723,210 $215,630 $507,580
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scarlett Allison

    Berkshire Hathaway HS Pinehurst Realty Group/PH

  • Victoria Adkins

    Buyer's Agent in 2018

    Victoria Adkins

    Coldwell Banker Advantage-Southern Pines

    (910) 992-8171

    99 in this area

    143 Total Sales

    Victoria Adkins
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Map

Source: Hive MLS

MLS Number: 176042

Hive MLS

APN: 8571-05-18-9413

North Carolina Moore County Pinehurst 28374

40 Inverness Lake Place, Pinehurst, NC

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