$260,000
SOLD JUN 25, 2024

5 Pine Tree Rd Unit 212 Pinehurst, NC 28374

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

Recently Sold

$413 Per Sq Ft

43 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • Resident Manager or Management On Site
  • Pinehurst Elementary School Rated A-
  • Screened Patio
  • Combination Dining and Living Room

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: 04/18/2024

Last Buyer's Agent

Jordan Anderson

Meese Property Group, LLC License #347983

Meese Property Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1973

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
  • 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

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00025474256

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

$1,212

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
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, Two
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Smoke Detectors
  • List Price per Sq Ft: 428.57
  • 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 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: 3888.00
  • HOAAssociationName: Prince Manor HOA
  • HOAAssociationPhone: 5136166110

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 295.00
  • Plat Book: 373
  • Plat Page: 473
  • Special Assessments: $2000. due 5/1/24
  • Zoning: R06

Tax Info

  • Tax Identifier: 00025474256
  • Tax Year: 2023

MLS Schools

  • School District: Moore County Schools

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
$261,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,012
Avg. Annual Appreciation
2.12%
Original Mortgage
$195,000
Outstanding Balance
$192,856
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$73,539

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

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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 $260,000 None Listed On Document
Warranty Deed $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $161,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
04/17/2023 04/17/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $235,000 -- $373 / 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 $1,212 $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: Hive MLS

MLS Number: 100439572

Hive MLS

APN: 00025474256