$225,000
SOLD MAR 20, 2023

5 Pine Tree Rd Unit 211 Pinehurst, NC 28374

1 Bed
1 Bath
630 Sq Ft
$264/mo HOA Fee

Recently Sold

$357 Per Sq Ft

4% Below List Price

130 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 - 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. Over $28K Gross Earnings in 2021 and trending to be the same in 2022. Turn key investment opportunity! Could be paired with units 112 & 212 as a package.

Last Agent to Sell the Property

Todd Camplin

Colony Partners License #279775 Listed on: 10/02/2022

Last Buyer's Agent

Shelley Reil

Carolina Property Sales License #270284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $661

Year Built

  • Built in 1973

HOA Fees

  • $264 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 a golf course

Schools

  • Pinehurst Elementary School
  • Southern Pines Middle School
  • Pinecrest High School

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00025474254

Community Details

Overview

  • Master Insurance
  • Prince Manor Subdivision
  • Maintained Community

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$661

Year Built

Built in 1973

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, Two
  • Year Built: 1973
  • Road Frontage Type: Golf Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Furnished, Smoke Detectors
  • List Price per Sq Ft: 373.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Sq Ft Heated: 630.00
  • Total Heated Primary Separate Sq Ft: 630.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Asphalt, Parking Lot, Shared

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Taxes
  • HOAAssociationFee1Year: 3169.00

Condo/Co-op/Association

  • Unit Type: 1 Bedroom

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Book: 5027
  • Deed Page: 145.00
  • Lot Sq Ft: 630.00
  • Plat Book: 963
  • Plat Page: 398
  • Zoning: R06

Tax Info

  • Tax Identifier: 00025474254
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 660.69

MLS Schools

  • Elementary School: Pinehurst Elementary
  • High School: Pinecrest High
  • Middle School: Southern Pines Middle School
  • School District: Moore County Schools

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
Carolina Property Sales
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$168,750
Interest Rate
6.32%
Mortgage Type
New Conventional

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

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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 Type Sale Price Title Company
Warranty Deed $225,000 --
Warranty Deed $223,000 None Available
Warranty Deed $65,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $256,405 New Conventional
Closed $168,750 New Conventional
Previous Owner $48,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $299,000 -5.1% $466 / Sq Ft
04/05/2025 04/05/25 For Sale $315,000 +16.7% $491 / Sq Ft
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
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
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: 100352671

Hive MLS

APN: 856217011831850