$440,000 - $514,000
RENTED APR 20, 2025

490 N May St Southern Pines, NC 28387

3 Beds
2 Baths
1,316 Sq Ft
$351 Price per Sq Ft

Last Sold May 13, 2014

Last sale price $259,000 $197 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,711/month

Highlights

  • Deck
  • 1 Fireplace
  • No HOA
  • Pinecrest High School Rated A-
  • Corner Lot
  • Brick or Stone Mason

About This Home

As of April 2025

Beautiful home located in downtown Southern Pines. Easy walk to all of the shops and restaurants. Open floor plan with kitchen, dining, and living room layout for maximum comfort and convenience. Gas fireplace, hardwood floors, updated kitchen, stainless appliances, great island/bar with beautiful quartz counter-tops. The office/den flows from kitchen into an awesome outdoor living space with deck, patio, outdoor bar/kitchen for year around fun. Large master with updated bath.

Last Agent to Rent the Property

Paul Roberts

Patriot Real Estate LLC License #286435 Listed on: 04/06/2025

Last Renter's Agent

Paul Roberts

Patriot Real Estate LLC License #286435 Listed on: 04/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Brick or Stone Mason
  • Composite Building Materials

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Laundry closet

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Southern Pines Subdivision

Listing and Financial Details

  • Tenant pays for cooling, deposit, water, sewer, lawn maint, gas, electricity

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Cooling, Deposit, Water, Sewer, Lawn Maint, Gas, Electricity
  • Leased Price Sq Ft: 1.60
  • Lease Price per Sq Ft: 1.60

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Construction: Brick/Stone
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1962
  • Trash Collection: City Pick-UP
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Fireplace: 1
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1316.00
  • Heated and Separate Living Space Sq Ft: 1316.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Composition
  • Fencing: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Refrigerator
  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Natural Gas Available, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Moore County Schools

Lot Info

  • Lot Acres: 0.19
  • Lot Description: Corner Lot
  • Lot Sq Ft: 8276.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
May 13, 2014
Sold by
Matzelle Robert and Matzelle Brynna
Bought by
Elder Derek J and Elder Jenanne
Seller's Agent
Jamie McDevitt
McDevitt Town & Country Properties
Buyer's Agent
Amy Martinez
Realty World Properties of the Pines
Sold Price
$259,000
Current Estimated Value
$461,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,319
Avg. Annual Appreciation
5.23%
Original Mortgage
$236,013
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Listed on
Sep 17, 2013
Closed on
Sep 3, 2013
Sold by
Mckinney Natasha and Molineux Cody E
Bought by
Matzelle Robert and Matzelle Brynna
Seller's Agent
Adam Piergallini
Carolina Prime Properties Inc
Buyer's Agent
Jamie McDevitt
McDevitt Town & Country Properties
Sold Price
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.72%
Original Mortgage
$115,200
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Molineux Linda J and Johnson Linda
Bought by
Mckinney Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
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
Elder Derek J $259,000 None Available
Matzelle Robert $144,000 None Available
Mckinney Natasha $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elder Derek J $158,000
Closed Elder Derek J $158,000
Closed Elder Derek J $236,013
Previous Owner Matzelle Robert $115,200
Previous Owner Mckinney Natasha $17,900
Previous Owner Mckinney Natasha $104,000
Previous Owner Mckinney Natasha $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2025 04/20/25 Rented $2,100 0.0% --
04/06/2025 04/06/25 For Rent $2,100 +5.0% --
10/18/2022 10/18/22 Rented $2,000 -9.1% --
09/07/2022 09/07/22 For Rent $2,200 +25.7% --
08/26/2020 08/26/20 Rented $1,750 0.0% --
05/13/2014 05/13/14 Sold $259,000 +79.9% $164 / Sq Ft
09/17/2013 09/17/13 Sold $144,000 -- $91 / 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 $2,438 $382,440 $111,170 $271,270
2023 $2,515 $382,440 $111,170 $271,270
2022 $2,604 $281,480 $86,610 $194,870
2021 $2,674 $281,480 $86,610 $194,870
2020 $2,697 $281,050 $86,610 $194,440
2019 $2,697 $281,480 $86,610 $194,870
2018 $2,191 $242,100 $82,050 $160,050
2017 $2,167 $242,100 $82,050 $160,050
2015 $2,094 $242,100 $82,050 $160,050
2014 $1,158 $135,480 $50,530 $84,950
2013 -- $135,480 $50,530 $84,950
Source: Public Records

Agents Affiliated with this Home

  • Paul Roberts

    Landlord's Agent in 2025

    Paul Roberts

    Patriot Real Estate LLC

    (910) 309-9281

    10 Total Sales

    Paul Roberts
    Section Image
  • Jamie McDevitt

    Seller's Agent in 2014

    Jamie McDevitt

    McDevitt Town & Country Properties

    (910) 724-4455

    198 Total Sales

    Jamie McDevitt
    Section Image

  • A

    Buyer's Agent in 2014

    Amy Martinez

    Realty World Properties of the Pines

  • A

    Seller's Agent in 2013

    Adam Piergallini

    Carolina Prime Properties Inc

    (910) 603-1036

    7 Total Sales

    Adam Piergallini
    Section Image
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Map

Source: Hive MLS

MLS Number: 100499378

Hive MLS

APN: 8581-06-48-9707

North Carolina Moore County Southern Pines 28387

490 N May St, Southern Pines, NC

This home is located at 490 N May St, Southern Pines, NC 28387 since 06 April 2025 and is currently priced at $461,319. This property was built in 1962. 490 N May St is a home located in Moore County with nearby schools including Southern Pines Elementary, Southern Middle School, and Pinecrest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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