NOT LISTED FOR SALE

423 Meyer Farm Dr Pinehurst, NC 28374

Estimated Value: $1,640,000 - $2,231,534

4 Beds
4.5 Baths
5,288 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,450,000 $274 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,238/month

11 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • Main Floor Primary Bedroom
  • McDeeds Creek Elementary School Rated A-
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of January 2022

Spectacular custom home is on a lavishly landscaped lot on the 3rd hole of the North Course in gated Forest Creek. This custom-built home offers absolutely amazing features and exquisite details that a discriminating buyer will appreciate like 100-year-old antique heart of pine floors in the living room, dining room and kitchen, Brazilian cherry floor in the master bedroom, handmade Italian tile, heated floor and up-lighted crown molding in the master bath, high ceilings, double crown moldings and elegant double mahogany custom-made front door. An incredibly spacious living room features a wood-burning Rumsford masonry fireplace with propane starter, window wall across the back and double glass doors opening to back patio. A spectacular gourmet kitchen has gorgeous custom wood cabinetry, island that has a granite countertop with horse head in it and raised custom wood breakfast bar, gas range with high stone backsplash.

Last Agent to Sell the Property

Martha Gentry

The Gentry Team License #35242 Listed on: 09/30/2021

The Gentry Team

Last Buyer's Agent

Mary Vecchione

MLV Properties License #177830

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 149x262x150x259
  • On Golf Course
  • Irrigation
  • Property is zoned RS-3

HOA Fees

  • $141 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 5,288 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Mud Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 20010254

Community Details

Overview

  • Master Insurance
  • Forest Creek Subdivision
  • Maintained Community

Recreation

  • Trails

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central Air
  • Deed Page: 85.00
  • Directions To Property: Airport Road to Forest Creek, turn left on Meyer Farm Drive, go approx. 1.8 miles and house will be on the right.
  • Document Count: 4
  • Fencing: None
  • Fireplace: 2
  • Foundation: Crawl Space
  • Fuel Tank Ownership: Owned
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Gated, Street Lights, Trail(s), Security, Maint - Comm Areas, Master Insure, Management
  • Listing I D: 100296807
  • List Priceper Sq Ft: 302.57
  • Location Type: Mainland
  • Lot Description: On Golf Course
  • Lot Dimensions: 149X262X150X259
  • Marketing City: Pinehurst
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Patio, Porch
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Private Road
  • Bonus Room Level: Upper
  • Sign On Property: No
  • Sq Ft Heated: 5288.00
  • State Province: NC
  • Stipulation Of Sale: Standard
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Forest Creek
  • Tax Identifier: 20010254
  • Tax Year: 2021
  • Terms: Cash, USDA Loan, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 5288.00
  • Un Branded Virtual Tour: https://my.matterport.com/show/?m=Mja58tmVjVc&brand=0
  • Water Heater: Electric
  • Year Built: 2018
  • Zoning: RS-3
  • Road Frontage Type: Golf Course
  • H O A Association Fee1 Year: 1690.00
  • H O A H O A1 Mgmt Company: Forest Creek POA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Master Downstairs, Pantry, Mud Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Bedroom4 Level: Upper
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Circular Driveway

Utilities

  • Heated Sq Ft: 5000 - 5499
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Noorbakhsh Babak D
Bought by
Noorbakhsh Babak D
Current Estimated Value
$1,941,384

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 17, 2022
Sold by
Ross Leonard Lanny and Ross Sherry
Bought by
Noorbaichsh Babak D
Seller's Agent
Martha Gentry
The Gentry Team
Buyer's Agent
Mary Vecchione
MLV Properties
List Price
$1,600,000
Sold Price
$1,450,000
Premium/Discount to List
-$150,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$1,150,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2016
Closed on
Jun 12, 2017
Sold by
First Tee Chapter Of The Sandhills Inc
Bought by
Leonard Lanny Ross
Seller's Agent
Charles Cordell
Chuck Cordell Realty Inc
Buyer's Agent
Charles Cordell
Chuck Cordell Realty Inc
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.26%

Purchase Details

Closed on
Nov 4, 2016
Sold by
Hoffman Marguerite S
Bought by
The First Tee Chapter Of The Sandhills I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Noorbakhsh Babak D -- None Listed On Document
Noorbaichsh Babak D $1,450,000 Adams Donnell G
Leonard Lanny Ross $65,000 None Available
The First Tee Chapter Of The Sandhills I -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noorbaichsh Babak D $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $1,450,000 -9.4% $274 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,600,000 +2361.5% $303 / Sq Ft
06/14/2017 06/14/17 Sold $65,000 -- -- View Prior Sale
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 $11,351 $1,780,470 $351,500 $1,428,970
2023 $10,612 $1,613,970 $185,000 $1,428,970
2022 $10,493 $1,134,390 $75,000 $1,059,390
2021 $10,777 $1,134,390 $75,000 $1,059,390
2020 $10,869 $1,134,390 $75,000 $1,059,390
2019 $8,332 $1,134,390 $75,000 $1,059,390
2018 $1,093 $120,750 $120,750 $0
2017 $1,081 $120,750 $120,750 $0
2015 $1,044 $120,750 $120,750 $0
2014 $2,261 $264,500 $264,500 $0
2013 -- $264,500 $264,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100296807

Hive MLS

APN: 8574-00-30-2458