NOT LISTED FOR SALE

5 Palm Ln Pinehurst, NC 28374

Estimated Value: $599,000 - $838,000

4 Beds
3.5 Baths
2,451 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $375,000 $153 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,235/month

Highlights

  • Golf Course Community
  • Indoor Pool
  • Deck
  • Pinehurst Elementary School Rated A-
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of July 2018

Gorgeous new construction on cul-de-sac location close to Pinehurst marina and the charming, historic village of Pinehurst. This 4 bedroom, 3-1/2 bath home features wide open living spaces with an upstairs bonus room and downstairs office, bedroom and bath, family room and storage area. There is a deck and screened porch for great outdoor entertaining. Don't miss this exceptional home!

Last Agent to Sell the Property

Martha Gentry

The Gentry Team License #35242 Listed on: 07/24/2018

The Gentry Team

Last Buyer's Agent

Linda Maull

Linda Maull Real Estate Sales License #168378

Linda Maull Real Estate Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 89x119x110x121
  • Cul-De-Sac

Home Design

  • Composition Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,451 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Indoor Pool
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 288

Community Details

Overview

  • No Home Owners Association
  • Unit 10 Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,631

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories Levels: One
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Basement, Ceiling - Vaulted, Ceiling Fan(s), Pantry, Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 115.17
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.50
  • Bedrooms: 4
  • Sq Ft Heated: 2451.00
  • Sq Ft Heated Separate: 805.00
  • Total Heated Primary Separate Sq Ft: 3256.00

Exterior Features

  • Exterior Finish: Stone, Vinyl Siding
  • Porch Balcony Deck: Deck, Patio, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Microwave - Built-In
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Clubhouse, Golf Course, Indoor Pool, Tennis Court(s)
  • HOA and Neighborhood Amenities Club List: Pinehurst Country Club

Lot Info

  • Deed Page: 380.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 89x119x110x121
  • Lot Number: 288

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Jun 21, 2018
Sold by
Tatum Builders Inc
Bought by
Severino Danny M and Severino Yvon A
Seller's Agent
Martha Gentry
The Gentry Team
Buyer's Agent
Linda Maull
Linda Maull Real Estate Sales
Sold Price
$375,000
Current Estimated Value
$721,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,460
Avg. Annual Appreciation
9.68%
Original Mortgage
$352,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Severino Danny M $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severino Danny H $335,730
Closed Severino Danny M $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $375,000 +1053.8% $153 / Sq Ft
01/13/2017 01/13/17 Sold $32,500 0.0% --
01/05/2017 01/05/17 Sold $32,500 0.0% --
12/27/2016 12/27/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $32,500 -- --
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 $3,631 $634,220 $80,000 $554,220
2023 $3,789 $634,220 $80,000 $554,220
2022 $3,380 $404,750 $40,000 $364,750
2021 $3,501 $404,750 $40,000 $364,750
2020 $3,465 $404,750 $40,000 $364,750
2019 $3,465 $404,750 $40,000 $364,750
2018 $520 $40,000 $40,000 $0
2017 $316 $40,000 $40,000 $0
2015 $310 $40,000 $40,000 $0
2014 $245 $32,000 $32,000 $0
2013 -- $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 187912

Hive MLS

APN: 8552-18-40-2740