NOT LISTED FOR SALE

505 Montrose Ln Laurinburg, NC 28352

Estimated Value: $189,000 - $374,000

3 Beds
2 Baths
1,872 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $223,500 $119 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,744/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Sun or Florida Room
  • Solid Surface Countertops
  • Bamboo Flooring
  • Great Room
  • No HOA

About This Home

As of September 2020

One story with stylish details in every room. The foyer area, great room and dining room are open, giving beautiful views of the space. The lighted built-ins in the great room include a fireplace and are functional as well as a focal point for the room. The kitchen has lots of cabinets and a corner pantry. Both kitchen and breakfast nook share a great view of the back yard. The master suite has a trey ceiling and a wonderful master bath with more beautiful built-ins and an over sized walk-in shower. There is a pocket door from the master bath to the master closet. The functional plantation shutters throughout the house are one of the homeowner's favorite things.

Last Agent to Sell the Property

Gail Bullard

Realty World-Graham/ Grubbs & Associates License #201195 Listed on: 03/30/2020

Realty World-Graham/ Grubbs & Associates

Last Buyer's Agent

Gail Bullard

Realty World-Graham/ Grubbs & Associates License #201195 Listed on: 03/30/2020

Realty World-Graham/ Grubbs & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 2001

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 166 x 212 x 83 x 273
  • Sprinkler System
  • Property is zoned R15

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Balmoral Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 01-0067-04-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Bamboo, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Solid Surface, Walk-In Closet, Walk-in Shower, Sprinkler System, Pantry, Gas Logs, Foyer, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 122.60
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Great Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 1872.00
  • Total Heated Primary Separate Sq Ft: 1872.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 94.00
  • Lot Acres: 0.66
  • Lot Dimensions: 166 x 212 x 83 x 273
  • Lot Number: 3
  • Lot Sq Ft: 28750.00
  • Lot Water Features: None
  • Zoning: R15

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 01-0067-04-003
  • Tax Year: 2019

MLS Schools

  • School District: Scotland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Sep 28, 2020
Sold by
Dingess Robert and Dingess Jessica
Bought by
Walters Jerry and Walters Phyllis
Seller's Agent
Gail Bullard
Realty World-Graham/ Grubbs & Associates
Buyer's Agent
Gail Bullard
Realty World-Graham/ Grubbs & Associates
List Price
$229,500
Sold Price
$223,500
Premium/Discount to List
-$6,000
-2.61%
Current Estimated Value
$297,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,597
Avg. Annual Appreciation
5.76%
Original Mortgage
$178,800
Outstanding Balance
$159,033
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$138,064

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 29, 2018
Sold by
Buie Charles G and Buie Ann M
Bought by
Dingess Robert and Dingess Jessica
Seller's Agent
Sandhills Real Estate Partners
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Christina Snead
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$197,500
Sold Price
$197,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$193,922
Interest Rate
4.7%
Mortgage Type
FHA
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
Walters Jerry $223,500 None Available
Dingess Robert $197,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Jerry $178,800
Previous Owner Dingess Robert $193,922
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $223,500 -2.6% $119 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $229,500 +16.2% $123 / Sq Ft
11/13/2018 11/13/18 Sold $197,500 0.0% $102 / Sq Ft View Prior Sale
10/14/2018 10/14/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $197,500 -- $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
2025 $2,167 $213,290 $19,800 $193,490
2024 $1,805 $209,120 $19,800 $189,320
2023 $2,125 $209,040 $19,800 $189,240
2022 $2,125 $209,040 $19,800 $189,240
2021 $2,145 $209,040 $19,800 $189,240
2020 $2,005 $196,960 $19,800 $177,160
2019 $2,025 $196,960 $19,800 $177,160
2018 $2,086 $203,110 $19,800 $183,310
2017 $2,106 $203,110 $19,800 $183,310
2016 $2,127 $203,110 $19,800 $183,310
2015 $2,147 $203,110 $19,800 $183,310
2014 $2,092 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100211740

Hive MLS

APN: 01-0067-04-003