NOT LISTED FOR SALE

402 Sheldon Rd Southern Pines, NC 28387

Estimated Value: $499,000 - $578,000

3 Beds
2.5 Baths
1,702 Sq Ft
$317/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $385,000 $226 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,314/month

Highlights

  • Clubhouse
  • Wood Flooring
  • Porch
  • Pinecrest High School Rated A-
  • Community Pool
  • Community Playground

About This Home

As of February 2020

Rock away on the front porch of this gorgeous Southern charmer! Main floor features large kitchen with island & granite counters, spacious eating area, living room, separate office/flex space, laundry room & half bath. Upstairs you will find the Master featuring a walk-in closet, master bath with double sinks, walk-in shower and a tub. There are also 2 addl bedrooms. Walk to downtown from this quaint cottage community designed to look original to the character of 1928 Southern Pines. A tight knit neighborhood with planned open space and walking trails convenient to Weymouth Woods and Youngs Rd. The Cottages on May features open spaces, a clubhouse with an activity room, patio, playground and a community pool. The HOA covers the lawn maintenance on the homes and the common areas.

Last Agent to Sell the Property

Tim Venjohn

Rhodes and Co LLC License #199092 Listed on: 02/11/2020

Last Buyer's Agent

Angela Thompson

Keller Williams Pinehurst License #269056

Keller Williams Pinehurst

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 51.8x157.10x52.02x157.19
  • Property is zoned RS-1

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,702 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot Lot 122R

Community Details

Overview

  • The Cottages On May Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 2019

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories Levels: Two
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Ceiling Fan(s), Gas Logs, Pantry, Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 230.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 3
  • Sq Ft Heated: 1702.00
  • Total Heated Primary Separate Sq Ft: 1702.00

Exterior Features

  • Exterior Finish: See Remarks
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Community Pool, Playground
  • HOAAssociationFee1Year: 1260.00

Lot Info

  • Deed Page: 391.00
  • Lot Dimensions: 51.8x157.10x52.02x157.19
  • Lot Number: Lot 122R
  • Zoning: RS-1

Tax Info

  • Tax Year: 2018
  • Total City Real Estate Property Tax: 1565.00
  • Total Real Estate Property Taxes: 1820.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
King Joshua C and Heitzinger Jamie Jean
Bought by
Davis Robert and Davis Victoria
Current Estimated Value
$539,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Outstanding Balance
$418,946
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$125,150

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 7, 2020
Sold by
Holderfield John Chadwick and Holderfield Julia G
Bought by
King Joshua C
Seller's Agent
Tim Venjohn
Rhodes and Co LLC
Buyer's Agent
Angela Thompson
Keller Williams Pinehurst
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$351,351
Interest Rate
3.74%
Mortgage Type
VA

Purchase Details

Closed on
Jul 24, 2019
Sold by
Moore Hl Properties Inc
Bought by
Holderfield John Chadwick and Holderfield Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Davis Robert $440,000 None Available
King Joshua C $385,000 None Available
Holderfield John Chadwick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Robert $455,840
Previous Owner King Joshua C $351,351
Previous Owner Moore Hl Properties Inc $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2020 02/11/20 Sold $385,000 -- $226 / 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 $3,203 $502,460 $70,000 $432,460
2023 $3,304 $502,460 $70,000 $432,460
2022 $3,382 $365,630 $60,000 $305,630
2021 $3,473 $365,630 $60,000 $305,630
2020 $3,503 $347,010 $60,000 $287,010
2019 $575 $365,630 $60,000 $305,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 191920

Hive MLS

APN: 20180492