NOT LISTED FOR SALE

5 Chestnut Ln Pinehurst, NC 28374

Estimated Value: $504,000 - $905,000

3 Beds
2.5 Baths
2,134 Sq Ft
$357/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $510,000 $239 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,608/month

Highlights

  • Boat Dock
  • Pond View
  • Deck
  • Pinehurst Elementary School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of August 2020

This is an all brick, custom built, lake front home. The spacious main level offers over 2100 sq ft of living space. Master suite on the main level and the two guest bedrooms are on the lower level with over 1,000 sq ft of living space. This home has been updated with new hardwood and new carpet flooring. New kitchen appliances. New 16x14 deck overlooks the lake! Boat dock too! Underground LP gas tank (leased Ferrellgas) for gas logs and cook top. New appliances: Double ovens, microwave, dishwasher, refrigerator. Washer & Dryer - 2016. Gas cook top - 2017. Master bathroom - new shower.The skylight in the kitchen is motorized to open and close. Crawl space encapsulated and has new April Air dehumidifier. New electric water heater installed June 2020.

Last Agent to Sell the Property

Frank Sessoms

Berkshire Hathaway HS Pinehurst Realty Group/PH License #27411 Listed on: 08/04/2020

Berkshire Hathaway HS Pinehurst Realty Group/PH

Last Buyer's Agent

Natalee Birdsell

Carolina Property Sales License #284074

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 96x195x92x162
  • Waterfront
  • Irrigation
  • Property is zoned R10

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 2,134 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Pond Views
  • Basement
  • Crawl Space
  • Storage In Attic

Kitchen

  • Double Oven
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 267

Community Details

Overview

  • No Home Owners Association
  • Unit 10 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,692

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Basement, Blinds/Shades, Ceiling - Trey, Ceiling Fan(s), Gas Logs, Pantry, Security System, Skylights, Smoke Detectors, Solid Surface, Whirlpool
  • List Price per Sq Ft: 169.07
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.50
  • Bedrooms: 3
  • Sq Ft Heated: 2134.00
  • Sq Ft Heated Separate: 1054.00
  • Total Heated Primary Separate Sq Ft: 3188.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Aluminum Siding, See Remarks
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Double Oven, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 203.00
  • Lot Acres: 0.38
  • Lot Dimensions: 96x195x92x162
  • Lot Number: 267
  • Lot Water Features: Boat Dock, Bulkhead
  • Zoning: R10
  • Lot View Type: Pond View

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1468.17
  • Total Real Estate Property Taxes: 2691.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jul 8, 2020
Sold by
Turner Douglas K
Bought by
Martin Joshua R and Martin Breanne R
Seller's Agent
Frank Sessoms
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Natalee Birdsell
Carolina Property Sales
Sold Price
$510,000
Total Days on Market
0
Current Estimated Value
$761,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,306
Avg. Annual Appreciation
8.53%
Original Mortgage
$408,000
Outstanding Balance
$365,794
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$392,141

Purchase Details

Closed on
Jan 26, 2010
Sold by
Brown Dayton E
Bought by
Brown Dayton E

Purchase Details

Closed on
Oct 2, 1998
Sold by
Brown Marianne
Bought by
Brown Dayton E
Source: Public Records

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Range of Values:

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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
Martin Joshua R $510,000 None Available
Brown Dayton E -- None Available
Brown Dayton E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Joshua R $408,000
Previous Owner Turner Douglas $393,277
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $510,000 0.0% $239 / Sq Ft
04/02/2019 04/02/19 Rented $2,300 0.0% --
04/25/2016 04/25/16 Sold $385,000 -- $162 / 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 $4,217 $736,530 $243,750 $492,780
2023 $4,401 $736,530 $243,750 $492,780
2022 $4,086 $489,390 $165,000 $324,390
2021 $4,233 $489,390 $165,000 $324,390
2020 $4,190 $488,420 $165,000 $323,420
2019 $4,190 $489,390 $165,000 $324,390
2018 $3,503 $389,730 $150,000 $239,730
2017 $3,079 $389,730 $150,000 $239,730
2015 $3,020 $389,730 $150,000 $239,730
2014 -- $441,140 $214,500 $226,640
2013 -- $441,140 $214,500 $226,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 199346

Hive MLS

APN: 8552-18-30-6379