NOT LISTED FOR SALE

5 Gingham Ln Pinehurst, NC 28374

Estimated Value: $404,000 - $452,000

3 Beds
2 Baths
1,870 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $370,000 $198 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,413/month

225 Days on Market

Highlights

  • Water Views
  • Deck
  • No HOA
  • Pinehurst Elementary School Rated A-
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of November 2023

Welcome to 5 Gingham Lane. This wonderfully cared for brick home sits on a quiet block right across the road from Lake Pinehurst. This 3 Bed 2 Bath house was most recently used as a long term rental for a growing family and has just been upgraded with new paint and new flooring within much of the home. While built on a corner lot, this home has a tranquil backyard setting complete with its own medium sized Koi Pond and spacious back deck just perfect for entertaining. 5 Gingham is only a few quick minutes from the Village of Pinehurst so you can enjoy shopping, dining, golf, and entertainment. Your wonderful opportunity awaits!

Last Agent to Sell the Property

Frank Zaccherio

Keller Williams Pinehurst License #291048 Listed on: 02/08/2023

Keller Williams Pinehurst

Last Buyer's Agent

Joanne Ley

Keller Williams Pinehurst License #318308

Keller Williams Pinehurst

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120x123.84x146.78x140
  • Property is zoned R10

Home Design

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

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00022647

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 202.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1870.00
  • Total Heated Primary Separate Sq Ft: 1870.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Gravel

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 175.00
  • Lot Acres: 0.38
  • Lot Dimensions: 120x123.84x146.78x140
  • Lot Sq Ft: 16553.00
  • Lot Water Features: None
  • Zoning: R10

Tax Info

  • Tax Identifier: 00022647
  • Tax Year: 2022

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

Closed on
Jun 10, 2024
Sold by
Smith Loy and Smith Beverly Kim
Bought by
Smith Loy and Smith Beverly Kim
Current Estimated Value
$428,596

Purchase Details

Listed on
Feb 8, 2023
Closed on
Oct 23, 2023
Sold by
Frobey Stephen E and Frobey Denise M
Bought by
Smith Loy
Seller's Agent
Frank Zaccherio
Keller Williams Pinehurst
Buyer's Agent
Joanne Ley
Keller Williams Pinehurst
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Views
1508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$370,000
Interest Rate
7.19%
Mortgage Type
VA
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
Smith Loy -- None Listed On Document
Smith Loy $370,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Loy $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $370,000 -2.4% $198 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $379,000 0.0% $203 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
04/09/2023 04/09/23 Price Changed $379,000 -4.1% $203 / Sq Ft
02/08/2023 02/08/23 For Sale $395,000 0.0% $211 / Sq Ft
08/15/2017 08/15/17 Rented $1,200 0.0% --
08/15/2017 08/15/17 Under Contract -- -- --
08/15/2017 08/15/17 Rented $1,200 -20.0% --
04/05/2017 04/05/17 For Rent $1,500 -- --
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 $1,998 $349,070 $75,000 $274,070
2023 $2,086 $349,070 $75,000 $274,070
2022 $1,826 $218,650 $35,000 $183,650
2021 $1,891 $218,650 $35,000 $183,650
2020 $1,872 $218,650 $35,000 $183,650
2019 $1,872 $218,650 $35,000 $183,650
2018 $1,695 $211,840 $32,000 $179,840
2017 $1,674 $211,840 $32,000 $179,840
2015 $1,642 $211,840 $32,000 $179,840
2014 $1,574 $205,800 $35,000 $170,800
2013 -- $205,800 $35,000 $170,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100368551

Hive MLS

APN: 8551-05-09-8986