NOT LISTED FOR SALE

5 Pine Tree Rd Unit 212 Pinehurst, NC 28374

Estimated Value: $204,000 - $266,000

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

Last Sold June 26, 2024

Last sale price $260,000 $413 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,685/month

44 Days on Market

Highlights

  • Transitional Architecture
  • Cooling Available
  • Heat Pump System
  • Pinehurst Elementary School Rated A-
  • Wood Siding

About This Home

As of June 2024

Discover your ideal investment or personal retreat with this fully furnished 1 bedroom, 1 bathroom condo in the prestigious Pinehurst area. This property comes ready for immediate occupancy and is equipped with a highly coveted Short-Term Rental (STR) Permit through the Village of Pinehurst, making it a rare and valuable find for investors. An exceptional feature of this condo is that it's fully booked for the 2024 US Open, with the new owner set to receive all the associated rental income. The unit boasts updated flooring and tasteful decorations, creating a comfortable and inviting ''home away from home'' atmosphere. Additionally, its location directly on the golf course offers serene views from a covered porch, perfect for enjoying peaceful mornings overlooking the beautiful Pinehurst courses. As properties with STR permits become increasingly difficult to find, this condo represents a smart investment opportunity and a chance to own a piece of Pinehurst with significant rental potential and aesthetic appeal. Don't miss out on this incredible opportunity - contact us today to learn more or to schedule a viewing.

Last Agent to Sell the Property

Brittany Paschal

Front Runner Realty Group License #282939 Listed on: 04/19/2024

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1973

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 630 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • Pinehurst Elementary School
  • Moore County Schools Middle School
  • Moore County Schools High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Association fees include cable TV, ground maintenance, maintenance structure
  • Prince Manor HOA, Phone Number (513) 616-6110
  • To Be Added Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00025474256

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,264

Year Built

Built in 1973

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Year Built: 1973
  • Prop. Type: Residential
  • Reso Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure
  • Subdivision Name: To Be Added
  • Above Grade Finished Sq Ft: 630.0
  • Architectural Style: Transitional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • General Property Information Association Phone: 513-616-6110
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 324.0
  • Contract Information Lease Term: Other
  • General Property Information Above Grade Finished Area: 630.0
  • Roof Composition: Yes
  • General Property Information:Living Area3: 630.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding
  • Foundation Details: Other
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 3888.0
  • Association Fee Frequency: Annually
  • Association Name: Prince Manor HOA
  • Phone: 513-616-6110
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Prince Manor HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 3888.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Moore County Schools
  • Middle Or Junior School: Moore County Schools

Lot Info

  • Parcel #: 00025474256

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1264.49
  • Tax Year: 2023

MLS Schools

  • Elementary School: Moore - Pinehurst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 19, 2024
Sold by
Bolton Property Group Llc
Bought by
Anderson Todd and Collins-Anderson Kristina
Seller's Agent
Brittany Paschal
Front Runner Realty Group
Buyer's Agent
Non Member
Non Member Office
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Views
69
Current Estimated Value
$243,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,659
Avg. Annual Appreciation
-4.13%
Original Mortgage
$195,000
Outstanding Balance
$192,512
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$50,829

Purchase Details

Listed on
Oct 6, 2022
Closed on
May 4, 2023
Sold by
Mccabe Andrew D and Mccabe Marnie
Bought by
Bolton Property Group Llc
Seller's Agent
Todd Camplin
Colony Partners
Buyer's Agent
Brittany Paschal
Front Runner Realty Group
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Views
252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$161,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Todd $260,000 None Listed On Document
Bolton Property Group Llc $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Todd $195,000
Previous Owner Bolton Property Group Llc $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $260,000 -3.7% $413 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $270,000 +17.4% $429 / Sq Ft
05/17/2023 05/17/23 Sold $230,000 -2.1% $365 / Sq Ft View Prior Sale
04/17/2023 04/17/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $235,000 -- $373 / Sq Ft
Source: Doorify 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 $1,212 $211,630 $30,000 $181,630
2023 $1,264 $211,630 $30,000 $181,630
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10024176

Doorify MLS

APN: 00025474256