NOT LISTED FOR SALE

40 Vernon Ln Pinehurst, NC 28374

Estimated Value: $361,000 - $434,000

3 Beds
2 Baths
1,600 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $340,000 $212 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,200/month

91 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Breakfast Area or Nook
  • Pinehurst Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of June 2024

**PRICE REDUCED $21,000** Lovely one-story, cottage style home at popular Village Acres. Concrete driveway, front porch, rear deck, detached steel frame storage building with ramp (prewired for electric), open concept, split floorplan with kitchen island and LVP flooring. Master suite has tub, shower, double vanity and spacious walk-in closet. Electric fireplace, gutter guards, storm door, added sink in garage, termite contract with Terminix. Lot to side and rear are wet and appear to be unbuildable which adds privacy. Note crawlspace has sump pump. Great Moore County schools and quick commute to the hospital and all support facilities. Proudly protected by Americas Preferred Home Warranty. New vapor barrier.

Last Agent to Sell the Property

Tammy Lyne

Keller Williams Pinehurst License #140668 Listed on: 04/02/2024

Keller Williams Pinehurst

Last Buyer's Agent

Martha Gentry

The Gentry Team License #35242

The Gentry Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 2018

Lot Details

  • 10,323 Sq Ft Lot
  • Lot Dimensions are 80x120.25x80.53x136.73
  • Interior Lot
  • Property is zoned R8

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Storm Doors
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Pinehurst Elementary School
  • West Pine Middle School
  • Pinecrest High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Village Acres Subdivision

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 00028881

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,977

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2018
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Scuttle
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, LVT/LVP
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), High Ceilings, Master Downstairs, Kitchen Island
  • Laundry Location: Laundry Room
  • List Price per Sq Ft: 218.75
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Breakfast Nook Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1600.00
  • Total Heated Primary Separate Sq Ft: 1600.00

Exterior Features

  • Exterior Features: Storm Doors, Thermal Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shed(s)
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle, Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, On Site, Paved, Garage Door Opener, Garage Faces Front

Utilities

  • Appliances Equipment: Built-In Microwave, Dishwasher, Refrigerator, Electric Oven, Disposal
  • Cooling System: Central Air, Heat Pump
  • Federal Flood Ins Avlbl: No
  • Heating System: Forced Air, Heat Pump
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 79.00
  • Lot Acres: 0.24
  • Lot Description: Interior Lot
  • Lot Dimensions: 80x120.25x80.53x136.73
  • Lot Number: 202
  • Lot Sq Ft: 10323.00
  • Plat Book: 9
  • Plat Page: 47
  • Zoning: R8

Tax Info

  • Tax Identifier: 00028881
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1977.00

MLS Schools

  • Elementary School: Pinehurst Elementary
  • High School: Pinecrest High
  • Middle School: West Pine Middle
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jun 25, 2024
Sold by
Jacobs Kayla Lee
Bought by
Ritch Cole Michael
Seller's Agent
Tammy Lyne
Keller Williams Pinehurst
Buyer's Agent
Martha Gentry
The Gentry Team
List Price
$371,000
Sold Price
$340,000
Premium/Discount to List
-$31,000
-8.36%
Views
115
Current Estimated Value
$385,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,035
Avg. Annual Appreciation
10.46%
Original Mortgage
$329,800
Outstanding Balance
$326,174
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$58,861

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 3, 2018
Sold by
Dgh Management Llc
Bought by
Jacobs Kayla Lee
Seller's Agent
Karen Reese-May
Keller Williams Pinehurst
Buyer's Agent
Tammy Lyne
Keller Williams Pinehurst
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Dec 11, 2017
Closed on
Nov 30, 2017
Sold by
Carvatt Kirk T
Bought by
Dgh Management Llc
Seller's Agent
Meese Property Group
Keller Williams Pinehurst
Buyer's Agent
Meese Property Group
Keller Williams Pinehurst
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
573.79%

Purchase Details

Listed on
Dec 11, 2017
Closed on
Nov 8, 2017
Sold by
Carvatt April A
Bought by
Dgh Management Llc
Seller's Agent
Meese Property Group
Keller Williams Pinehurst
Buyer's Agent
Meese Property Group
Keller Williams Pinehurst
Sold Price
$30,000

Purchase Details

Closed on
May 17, 2004
Sold by
Snell William Howard
Bought by
Carvatt Kirk T Family Trust
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
Ritch Cole Michael $340,000 None Listed On Document
Jacobs Kayla Lee $210,000 None Available
Dgh Management Llc $25,000 None Available
Dgh Management Llc -- None Available
Carvatt Kirk T Family Trust $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritch Cole Michael $329,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $340,000 -2.9% $213 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/20/2024 05/20/24 Price Changed $350,000 -2.8% $219 / Sq Ft
04/22/2024 04/22/24 Price Changed $360,000 -1.4% $225 / Sq Ft
04/13/2024 04/13/24 Price Changed $365,000 -1.6% $228 / Sq Ft
02/28/2024 02/28/24 For Sale $371,000 +76.7% $232 / Sq Ft
12/18/2018 12/18/18 Sold $210,000 0.0% $136 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $210,000 +600.0% $136 / Sq Ft
12/11/2017 12/11/17 Sold $30,000 -- $19 / 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 $1,893 $330,720 $55,000 $275,720
2023 $1,976 $330,720 $55,000 $275,720
2022 $1,728 $206,950 $30,000 $176,950
2021 $1,790 $206,950 $30,000 $176,950
2020 $1,772 $206,950 $30,000 $176,950
2019 $1,772 $206,950 $30,000 $176,950
2018 $212 $26,500 $26,500 $0
2017 $209 $26,500 $26,500 $0
2015 $205 $26,500 $26,500 $0
2014 $142 $18,550 $18,550 $0
2013 -- $18,550 $18,550 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100429837

Hive MLS

APN: 8563-10-35-5506