$305,000 - $341,000
RENTED MAY 29, 2025

405 Spring Lake Dr Unit 4 Pinehurst, NC 28374

3 Beds
2 Baths
1,186 Sq Ft
$270 Price per Sq Ft

Last Sold March 29, 2012

Last sale price $146,000 $123 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,889/month

About This Home

As of March 2012

Discover your new home in the desirable Village Acres neighborhood! This delightful 3-bedroom, 2-bathroom property features a fenced yard. The spacious garage and abundant storage options ensure practicality for all your needs. Enjoy the natural light streaming through the large front window, making every room feel welcoming.This home is available for immediate move-in, allowing you to settle in without delay. Located just minutes away from downtown Pinehurst, indulge in great dining options, world-class golf, and various outdoor recreational activities, including beautiful walking paths.For pet owners, please inquire regarding our pet policy. Don't miss this fantastic opportunity to embrace comfortable living in one of North Carolina's most charming towns!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Reed Ian B and Reed Enjoli Lynn
Bought by
Paine Garrett
Current Estimated Value
$320,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$226,972
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$93,069

Purchase Details

Closed on
Apr 10, 2013
Sold by
Reed Ian B and Reed Enjoli Lynn
Bought by
Reed Ian B and Reed Enjoli Lynn

Purchase Details

Listed on
Mar 29, 2012
Closed on
Mar 26, 2012
Sold by
Robbins Holly and Hill Holly
Bought by
Reed Ian B
Seller's Agent
Mav Hankey
Berkshire Hathaway HS SP/Pinehurst Realty Group/SP
Buyer's Agent
Lin Hutaff
Keller Williams Pinehurst
Sold Price
$146,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$149,139
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Aug 4, 2006
Sold by
Haunhorst Sharon B and Haunhorst Jay R
Bought by
Hill Brian G and Hill Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,585
Interest Rate
6.68%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Paine Garrett $290,000 None Listed On Document
Reed Ian B -- None Available
Reed Ian B $146,000 None Available
Hill Brian G $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paine Garrett $232,000
Previous Owner Reed Ian B $149,139
Previous Owner Hill Brian G $127,585
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Rented $2,150 0.0% --
04/29/2025 04/29/25 Under Contract -- -- --
03/30/2025 03/30/25 For Rent $2,150 +4.9% --
08/10/2023 08/10/23 Rented $2,050 0.0% --
08/08/2023 08/08/23 Under Contract -- -- --
08/02/2023 08/02/23 For Rent $2,050 0.0% --
03/29/2012 03/29/12 Sold $146,000 -- $123 / Sq Ft

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 $1,351 $235,910 $55,000 $180,910
2023 $1,410 $235,910 $55,000 $180,910
2022 $1,226 $146,830 $30,000 $116,830
2021 $1,270 $146,830 $30,000 $116,830
2020 $1,257 $146,830 $30,000 $116,830
2019 $1,257 $146,830 $30,000 $116,830
2018 $1,106 $138,260 $26,500 $111,760
2017 $1,092 $138,260 $26,500 $111,760
2015 $1,072 $138,260 $26,500 $111,760
2014 $990 $129,360 $26,500 $102,860
2013 -- $129,360 $26,500 $102,860
Source: Public Records

Agents Affiliated with this Home

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