NOT LISTED FOR SALE

485 Spring Lake Rd Pinehurst, NC 28374

Estimated Value: $67,000 - $254,119

3 Beds
1.5 Baths
1,160 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $81,000 $70 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,024/month

41 Days on Market

Highlights

  • 0.8 Acre Lot
  • No HOA
  • 1-Story Property
  • Pinehurst Elementary School Rated A-
  • Porch

About This Home

As of August 2023

So many possibilities! This 3 bedroom/2 bath Pinehurst cottage could be renovated for an investment property or primary residence. This is also an incredible development opportunity! Potential to subdivide into three lots with road frontage and public water/sewer.No HOA and No Deed restrictions! Currently 1 lot, R-5 zoning could allow for 3 lots.

Last Agent to Sell the Property

HEATHER TAYLOR

Taylor Made Real Estate License #286491 Listed on: 07/13/2023

Last Buyer's Agent

Ashley Schaus

The Real Estate Group of Fayetteville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1935

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 95x300x190
  • Property is zoned R-5

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Siding
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

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

Community Details

  • No Home Owners Association
  • Mineral Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00018558

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Block, Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 81.90
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1160.00
  • Total Heated Primary Separate Sq Ft: 1160.00

Exterior Features

  • Exterior Finish: Block
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Maintained
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: None
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: None
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: None

Association/Amenities

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

Lot Info

  • Deed Page: 365.00
  • Lot Acres: 0.80
  • Lot Dimensions: 95x300x190
  • Lot Sq Ft: 34848.00
  • Zoning: R-5

Tax Info

  • Tax Identifier: 00018558
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 300.07

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
Jul 13, 2023
Closed on
Aug 30, 2023
Sold by
Sandhills Real Estate Holdings Llc
Bought by
Palma Martha
Seller's Agent
HEATHER TAYLOR
Taylor Made Real Estate
Buyer's Agent
Ashley Schaus
The Real Estate Group of Fayetteville
List Price
$95,000
Sold Price
$81,000
Premium/Discount to List
-$14,000
-14.74%
Views
304
Current Estimated Value
$190,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,030
Avg. Annual Appreciation
44.19%

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jun 8, 2023
Sold by
Gaines Derrick
Bought by
Sandhills Real Estate Holdings Llc
Seller's Agent
Sherree-Lee Sferra
Life Realty & Moore
Buyer's Agent
HEATHER TAYLOR
Taylor Made Real Estate
List Price
$59,000
Sold Price
$50,000
Premium/Discount to List
-$9,000
-15.25%
Views
304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1358.72%

Purchase Details

Closed on
Sep 28, 2021
Sold by
Baker and David
Bought by
Gaines Derrick

Purchase Details

Closed on
Mar 6, 2017
Sold by
Gaines Sandy George
Bought by
Gaines Fannie Doretha
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
Palma Martha $81,000 None Listed On Document
Sandhills Real Estate Holdings Llc $50,000 None Listed On Document
Gaines Derrick -- Sandhills Law Group
Gaines Fannie Doretha -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $81,000 -14.7% $70 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $95,000 0.0% $82 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $95,000 -- $82 / 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 $336 $77,220 $27,490 $49,730
2023 $351 $77,220 $27,490 $49,730
2022 $300 $47,630 $12,320 $35,310
2021 $312 $47,630 $12,320 $35,310
2020 $307 $47,630 $12,320 $35,310
2019 $307 $47,630 $12,320 $35,310
2018 $263 $43,890 $12,320 $31,570
2017 $257 $43,890 $12,320 $31,570
2015 $248 $43,890 $12,320 $31,570
2014 $245 $43,110 $11,550 $31,560
2013 -- $43,110 $11,550 $31,560
Source: Public Records

Agents Affiliated with this Home

  • HEATHER TAYLOR

    Seller's Agent in 2023

    HEATHER TAYLOR

    Taylor Made Real Estate

    (910) 818-6263

    4 in this area

    148 Total Sales

    HEATHER TAYLOR
    Section Image

  • A

    Buyer's Agent in 2023

    Ashley Schaus

    The Real Estate Group of Fayetteville

See All Agents

Map

Source: Hive MLS

MLS Number: 100394473

Hive MLS

APN: 8563-00-64-3842

North Carolina Moore County Pinehurst 28374

485 Spring Lake Rd, Pinehurst, NC

Not Listed for Sale

Detached

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