Jason Queen
Monarch Realty Co.
(844) 996-4536
48 Total Sales
1 in Pinehurst
$440,000 Price
5 Magnolia Ave Pinehurst, NC 28374
Pinehurst AreaEstimated Value: $921,000 - $1,129,000
4
Beds
5
Baths
3,416
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- 1.02 Acre Lot
- Deck
- Main Floor Primary Bedroom
- Pinecrest High School Rated A-
- Wood Flooring
- No HOA
About This Home
As of April 2024Luxury living in the heart of Pinehurst - introducing the''unicorn of Pinehurst.'' Nestled amidst the tranquil charm of this historic town, this exquisite short-term rental property boasts a coveted STR certificate and an Pinehurst Country Club Charter membership, seamlessly blending exclusivity with convenience. Encompassing four spacious bedrooms, alongside a versatile bonus room, and adorned with three full baths plus two half baths, this home offers an unparalleled sense of space and comfort. With meticulous attention to detail, every corner exudes sophistication, promising an unforgettable stay for discerning guests. Situated majestically on a sprawling acre of landscaped grounds, south of the traffic circle, this home offers serenity and privacy. Step outside to discover a haven of tranquility, where lush greenery meets manicured lawns, creating an idyllic backdrop for relaxation and recreation alike. If you are looking for an investment property either as a full time STR or second home this home has rentals already in place for the current year. If you are seeking a stately full-time residence, look no further than this expansive home nestled in a highly sought-after neighborhood in Pinehurst. Seize the chance to make this extraordinary property yours and embark on a journey of refined living in one of North Carolina's most prestigious areas.
Last Agent to Sell the Property
Nexthome In The Pines License #269520 Listed on: 03/16/2024
Last Buyer's Agent
James Hurt
Berkshire Hathaway HS Pinehurst Realty Group/PH License #321501
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,735
Year Built
- Built in 1996
Lot Details
- 1.02 Acre Lot
- Lot Dimensions are 150x293x150x291
- Property fronts a state road
- Property is zoned r 30
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Additional Parking
Home Design
- Brick Veneer
- Composition Roof
Interior Spaces
- 3,416 Sq Ft Home
- 2-Story Property
- Bookcases
- Gas Log Fireplace
- Entrance Foyer
- Formal Dining Room
- Crawl Space
- Fire and Smoke Detector
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Walk-in Shower
Outdoor Features
- Deck
Utilities
- Heat Pump System
- Well
Community Details
- No Home Owners Association
- Taylorhurst Subdivision
Listing and Financial Details
- Assessor Parcel Number 00022770
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2024
Closed on
Apr 19, 2024
Sold by
Sherman John and Hansen Tricia
Bought by
Seller's Agent
Kelly Curran
Nexthome In The Pines
Buyer's Agent
James Hurt
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Views
675
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,115
Avg. Annual Appreciation
2.53%
Purchase Details
Listed on
Mar 3, 2021
Closed on
Apr 9, 2021
Sold by
Corcoran James R and Corcoran Amy Leigh
Bought by
Sherman John and Sherman Tricia
Seller's Agent
Scott Lincicome
Better Homes and Gardens Real Estate Lifestyle Property Partners
Buyer's Agent
Kelly Curran
Nexthome In The Pines
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$487,500
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2020
Sold by
Corcoran James R and Corcoran Amy L
Bought by
Corcoran James R and Corcoran Amy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 16, 2009
Sold by
Henkel Richard E and Henkel Gail R
Bought by
Corcoran James R and Corcoran Amy Leigh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 1997
Sold by
Henkel Richard E and Henkel Gail R
Bought by
Corcoran James R and Amy Leigh
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pinehurst, NC
-
Jason Queen
-
Jennifer Patterson
Jennifer Patterson
Keller Williams Elite Realty
(984) 287-7749
115 Total Sales
1 in Pinehurst
$1,699,000 Price
-
Ray Williamson
Ray Williamson
City to Coast Realty
(888) 596-3346
56 Total Sales
2 in Pinehurst
$874,000 Price Range
-
Dana Wicker Cantrell
Dana Wicker Cantrell
Coldwell Banker - HPW
(984) 368-4882
105 Total Sales
1 in Pinehurst
$460,000 Price
-
Chris Tacia
Chris Tacia
Coldwell Banker Advantage #6
(984) 368-4282
307 Total Sales
3 in Pinehurst
$323,000 Price Range
-
Lisa Johnson
Lisa Johnson
Performance Property Partners LLC
(919) 750-8693
40 Total Sales
1 in Pinehurst
$466,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $975,000 | None Listed On Document | ||
| Sherman John | $650,000 | None Available | |
| Corcoran James R | -- | None Available | |
| Corcoran James R | $535,000 | None Available | |
| Corcoran James R | $312,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $487,500 | ||
| Previous Owner | Corcoran James R | $235,000 | |
| Previous Owner | Corcoran James R | $24,800 | |
| Previous Owner | Corcoran James | $30,000 | |
| Previous Owner | Corcoran James R | $535,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/24/2024 04/24/24 | Sold | $975,000 | -2.5% | $285 / Sq Ft | |
| 03/23/2024 03/23/24 | Pending | -- | -- | -- | |
| 03/16/2024 03/16/24 | For Sale | $1,000,000 | +53.8% | $293 / Sq Ft | |
| 04/30/2021 04/30/21 | Sold | $650,000 | +0.2% | $190 / Sq Ft | View Prior Sale |
| 03/05/2021 03/05/21 | Pending | -- | -- | -- | |
| 03/03/2021 03/03/21 | For Sale | $649,000 | -- | $190 / Sq Ft |
Source: Hive MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,454 | $625,150 | $100,000 | $525,150 |
| 2025 | $3,485 | $625,150 | $100,000 | $525,150 |
| 2024 | $3,579 | $625,150 | $100,000 | $525,150 |
| 2023 | $3,735 | $625,150 | $100,000 | $525,150 |
| 2022 | $3,887 | $465,540 | $90,000 | $375,540 |
| 2021 | $4,027 | $465,540 | $90,000 | $375,540 |
| 2020 | $3,986 | $465,540 | $90,000 | $375,540 |
| 2019 | $3,986 | $465,540 | $90,000 | $375,540 |
| 2018 | $3,439 | $429,930 | $90,000 | $339,930 |
| 2017 | $3,396 | $429,930 | $90,000 | $339,930 |
| 2015 | $3,332 | $429,930 | $90,000 | $339,930 |
| 2014 | $3,587 | $468,850 | $92,000 | $376,850 |
| 2013 | -- | $468,850 | $92,000 | $376,850 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Curran
Seller's Agent in 2024
Kelly Curran
Nexthome In The Pines
(860) 227-9955
172 Total Sales
-
JH
Buyer's Agent in 2024
James Hurt
Berkshire Hathaway HS Pinehurst Realty Group/PH
-
Scott Lincicome
Seller's Agent in 2021
Scott Lincicome
Better Homes and Gardens Real Estate Lifestyle Property Partners
(910) 315-7856
402 Total Sales
Map
Source: Hive MLS
MLS Number: 100433237
APN: 8562-08-78-9361
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.
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. ©2026 Hive MLS LLC
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