$410,000
SOLD MAY 22, 2025

465 W New Hampshire Ave Southern Pines, NC 28387

5 Beds
3 Baths
2,241 Sq Ft
5,658 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

16% Below List Price

31 Days on Market

Highlights

  • Furnished
  • Balcony
  • Tile Flooring
  • Pinecrest High School Rated A-
  • Interior Lot
  • Walk-in Shower

About This Home

As of May 2025

Discover this exceptional investment in downtown, perfect for either rental income or owner-occupied living as upstairs was left vacant. This property features two distinct units: The downstairs unit offers 3 bedrooms and 2 bathrooms, currently leased as a long-term rental. The upstairs unit comprises 2 bedrooms and 1 bathroom, fully furnished and ideal for short-term or mid-term rentals. Enjoy the flexibility and convenience of its location along with its great character. New HVAC unit to be installed prior to closing in Downstairs unit to decrease maintenance and increase Net operating income.

Last Agent to Sell the Property

Kyle Kline

eXp Realty License #336848 Listed on: 02/23/2025

eXp Realty

Co-Listed By

Hillary Kline

eXp Realty License #321836

Last Buyer's Agent

Abraham Saldana

Keller Williams Pinehurst License #291326

Keller Williams Pinehurst

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1929

Lot Details

  • 5,658 Sq Ft Lot
  • Lot Dimensions are 46x100x65x146
  • Interior Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Southern Pines Elementary School
  • Southern Middle School
  • Pinecrest High School

Utilities

  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00035202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Master Downstairs, Furnished, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 203.12
  • Total Bathrooms: 3.00
  • Number Bedrooms Total: 5

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Aluminum Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Appliances Equipment: Dishwasher, Vented Exhaust Fan, Washer, Self Cleaning Oven, Range, Refrigerator, Dryer
  • Cooling System: Central Air, Heat Pump
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Town of Southern Pines
  • Service Providers Water Provider: Town of Southern Pines
  • Utilities: Natural Gas Connected, Water Available, Water Connected, Sewer Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Natural Gas
  • Sewer: Community Sewer
  • Water Source: Community Water

Association/Amenities

  • Property Mgmt Company: No

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 338.00
  • Lot Acres: 0.13
  • Lot Description: Interior Lot
  • Lot Dimensions: 46x100x65x146
  • Lot Sq Ft: 5658.00
  • Lot Water Features: None
  • Plat Book: 5977
  • Plat Page: 329
  • Zoning: RM-2

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 00035202
  • Tax Year: 2025

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Southern Pines
  • High School: Pinecrest
  • Middle School: Southern Middle
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2025
Closed on
Apr 22, 2025
Sold by
K And L Vacation Homes Llc
Bought by
1010 North May Street Llc
Seller's Agent
Kyle Kline
eXp Realty
Buyer's Agent
Abraham Saldana
Keller Williams Pinehurst
List Price
$489,900
Sold Price
$410,000
Premium/Discount to List
-$79,900
-16.31%
Views
82
Current Estimated Value
$424,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,531
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 23, 2023
Sold by
Templeton Foy Lee and Templeton Anne C
Bought by
Kl Vacation Homes Llc
Seller's Agent
The Home Team NC
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Kyle Kline
eXp Realty
List Price
$390,000
Sold Price
$420,000
Premium/Discount to List
$30,000
7.69%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.07%

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 23, 2023
Sold by
Templeton Erin Elizabeth and Templeton Jerrod
Bought by
Templeton Foy Lee and Templeton Anne C
Seller's Agent
The Home Team NC
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Kyle Kline
eXp Realty
List Price
$390,000
Sold Price
$420,000
Premium/Discount to List
$30,000
7.69%
Views
29

Purchase Details

Listed on
Dec 30, 1969
Closed on
Apr 1, 2014
Sold by
Bailey Lucille and Bailey Brent D
Bought by
Templeton Foy Lee and Templeton Anne
Seller's Agent
Jamie McDevitt
McDevitt Town & Country Properties
Buyer's Agent
Karen Caulfield
Coldwell Banker Advantage-Southern Pines
Sold Price
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Roybal Betty L
Bought by
Bailey Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
6.1%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $410,000 None Listed On Document
Warranty Deed $410,000 None Listed On Document
Warranty Deed $13,000 --
Warranty Deed $13,000 --
Warranty Deed $116,000 None Available
Warranty Deed $76,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $410,000 -8.9% $183 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/23/2025 03/23/25 Price Changed $449,900 -5.4% $201 / Sq Ft
03/19/2025 03/19/25 Price Changed $475,500 -0.8% $212 / Sq Ft
03/07/2025 03/07/25 Price Changed $479,500 -2.1% $214 / Sq Ft
02/23/2025 02/23/25 For Sale $489,900 +16.6% $219 / Sq Ft
02/24/2023 02/24/23 Sold $420,000 +7.7% $188 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $390,000 +236.2% $174 / Sq Ft
05/02/2014 05/02/14 Sold $116,000 -- $52 / 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 $2,292 $359,520 $80,390 $279,130
2023 $2,364 $359,520 $80,390 $279,130
2022 $2,137 $231,000 $47,330 $183,670
2021 $2,195 $231,000 $47,330 $183,670
2020 $2,213 $231,000 $47,330 $183,670
2019 $2,213 $231,000 $47,330 $183,670
2018 $1,320 $151,450 $24,060 $127,390
2017 $1,305 $151,450 $24,060 $127,390
2015 $1,310 $151,450 $24,060 $127,390
2014 $1,230 $143,820 $32,490 $111,330
2013 -- $143,820 $32,490 $111,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100490441

Hive MLS

APN: 8582-17-20-2282