NOT LISTED FOR SALE

5 Pine Tree Rd Unit 211 Pinehurst, NC 28374

Estimated Value: $257,000 - $296,000

1 Bed
1 Bath
630 Sq Ft
$324/mo HOA Fee

Last Sold June 19, 2024

Last sale price $269,900 $428 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,868/month

24 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Screened Patio
  • Pinehurst Elementary School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of June 2024

INVESTOR ALERT - Updated and Furnished 1BR condo with an excellent rental history located on the first fairway of Pinehurst Course No. 5, right across the street from the Pinehurst Harness Track and just a .7 mile walk to Pinehurst Resort & CC. Turnkey investment opportunity with a Nonconforming Use Certificate so the unit can continue being used as a short-term rental. Recent updates include, fresh paint throughout, new LVP flooring, new countertops in kitchen and bathroom, new refrigerator and stove, blinds, towels and other furnishings!

Last Agent to Sell the Property

Todd Camplin

Colony Partners License #279775 Listed on: 03/29/2024

Last Buyer's Agent

Gabriel Kassebaum

Carolina Property Sales License #331753

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1973

Lot Details

  • 3.87

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Parking

  • Shared Driveway
  • Parking Lot

Outdoor Features

  • Balcony
  • Screened Patio

Location

  • Property is near golf course

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00025474254

Community Details

Overview

  • Master Insurance
  • Prince Manor HOA, Phone Number (513) 616-6110
  • Prince Manor Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,150

Year Built

Built in 1973

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Heat Pump
  • Deed Page: 236.00
  • Directions To Property: From Hwy 5 (Beulah Hill Road), turn onto Pine Tree Road and then turn immediately to the right into Prince Manor condo association. The unit is on the top right corner of the fifth building on your left.
  • Document Count: 4
  • Fencing: None
  • Fireplace: None
  • Foundation: Crawl Space
  • Fuel Tank: None
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Cable, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Taxes
  • Listing I D: 100435822
  • List Priceper Sq Ft: 428.41
  • Location Type: Mainland
  • Marketing City: Pinehurst
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Screened
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: Moore County Schools
  • Sign On Property: No
  • Special Assessments: Yes
  • Sq Ft Heated: 630.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, Two
  • Subdivision: Prince Manor
  • Tax Identifier: 00025474254
  • Tax Year: 2023
  • Terms: Cash
  • Total Real Estate Property Taxes: 1150.01
  • Total Heated Primary Separate Sq Ft: 630.00
  • Year Built: 1973
  • Zoning: R20
  • Road Frontage Type: Golf Front
  • H O A Association Fee1 Year: 3888.00
  • H O A Association Name: Prince Manor HOA
  • H O A Association Phone: 5136166110
  • H O A H O A1 Mgmt Company: CAS
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Furnished, Smoke Detectors
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Asphalt, Parking Lot, Shared

Utilities

  • Heated Sq Ft: 600 - 799
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Mar 13, 2023
Sold by
Mccabe Andrew and Mccabe Marnie
Bought by
Burns Robert E and Pfisterer Emily Ann
Seller's Agent
Todd Camplin
Colony Partners
Buyer's Agent
Shelley Reil
ERA Strother RE #5
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
107
Current Estimated Value
$280,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,461
Avg. Annual Appreciation
8.07%
Original Mortgage
$168,750
Outstanding Balance
$163,631
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$116,830

Purchase Details

Closed on
Feb 24, 2020
Sold by
Emery Mitchell Garren and Emery Kristenn
Bought by
Cook Philip J and Cook Kathleen L

Purchase Details

Closed on
Apr 26, 2018
Sold by
Alfrey Travis D and Alfrey Kerry K
Bought by
Mccabe Andrew and Seid Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burns Robert E $225,000 --
Cook Philip J $223,000 None Available
Mccabe Andrew $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Robert E $168,750
Previous Owner Mccabe Andrew $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2024 06/19/24 Sold $269,900 0.0% $428 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $269,900 +20.0% $428 / Sq Ft
03/20/2023 03/20/23 Sold $225,000 -4.3% $357 / Sq Ft View Prior Sale
02/09/2023 02/09/23 Pending -- -- --
10/02/2022 10/02/22 For Sale $235,000 +261.5% $373 / Sq Ft
08/23/2018 08/23/18 Sold $65,000 -- $102 / Sq Ft View Prior Sale
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 $1,102 $192,470 $30,000 $162,470
2023 $1,150 $192,470 $30,000 $162,470
2022 $638 $76,380 $24,000 $52,380
2021 $661 $76,380 $24,000 $52,380
2020 $641 $76,380 $24,000 $52,380
2019 $649 $76,380 $24,000 $52,380
2018 $515 $62,550 $24,000 $38,550
2017 $509 $62,550 $24,000 $38,550
2015 $499 $62,550 $24,000 $38,550
2014 $632 $140,580 $24,000 $116,580
2013 -- $140,120 $24,000 $116,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100435822

Hive MLS

APN: 856217011831850