NOT LISTED FOR SALE

505 Spring Lake Dr Unit 4 Pinehurst, NC 28374

Estimated Value: $369,000 - $405,000

3 Beds
2 Baths
1,600 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $175,900 $110 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,261/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • No HOA
  • Pinehurst Elementary School Rated A-
  • Whirlpool Bathtub
  • 1-Story Property

About This Home

As of May 2017

What a GREAT price on the home in Village Acres! Ranch style home with double attached garage. Open concept, beautiful wood flooring, granite counters in kitchen and beautiful cabinetry, tile flooring in kitchen and bathrooms, whirlpool tub with tile surround and separate shower, large master bedroom with spacious walk in closet.

Last Agent to Sell the Property

Angela Donohoe

Main Street Realty Group License #206813 Listed on: 05/22/2017

Last Buyer's Agent

Robert Brooks

At Home Realtors License #277265

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 2009

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 97x120x120x100

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Village Acres Subdivision

Listing and Financial Details

  • Tax Lot Lot 2, PH 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$893

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories Levels: One
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Ceiling - Vaulted, Smoke Detectors, Wash/Dry Connect, Whirlpool
  • List Price per Sq Ft: 110.56
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1600.00
  • Total Heated Primary Separate Sq Ft: 1600.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Microwave - Built-In
  • Cooling System: Central
  • Utilities: Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 164.00
  • Lot Acres: 0.24
  • Lot Dimensions: 97x120x120x100
  • Lot Number: Lot 2, PH 1

Tax Info

  • Tax Year: 2016
  • Total City Real Estate Property Tax: 532.33
  • Total Real Estate Property Taxes: 893.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
May 22, 2017
Sold by
Secretary Of Veterans Affairs
Bought by
Welly David A
Seller's Agent
Angela Donohoe
Main Street Realty Group
Buyer's Agent
Robert Brooks
At Home Realtors
Sold Price
$175,900
Total Days on Market
0
Current Estimated Value
$380,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,012
Avg. Annual Appreciation
9.76%
Original Mortgage
$175,900
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 2017
Sold by
Branch Banking And Trust Co
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 1, 2017
Sold by
Rogers Jeff D
Bought by
Branch Banking And Trust Company

Purchase Details

Closed on
Oct 29, 2009
Sold by
Wagner Christian and Wagner Mary Elizabeth
Bought by
Donovan Peter A and Donovan Lindsey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,106
Interest Rate
5.04%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Welly David A -- None Available
Secretary Of Veterans Affairs -- None Available
Branch Banking And Trust Company $170,621 None Available
Donovan Peter A $191,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Karly A $195,000
Closed Parrish Karly A $177,000
Closed Welly David A $175,900
Previous Owner Donovan Peter A $187,600
Previous Owner Donovan Peter A $195,106
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $175,900 -- $110 / 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 $1,768 $308,760 $55,000 $253,760
2023 $1,845 $308,760 $55,000 $253,760
2022 $1,643 $196,710 $30,000 $166,710
2021 $1,702 $196,710 $30,000 $166,710
2020 $1,684 $196,710 $30,000 $166,710
2019 $1,684 $196,710 $30,000 $166,710
2018 $1,444 $180,450 $26,500 $153,950
2017 $1,426 $180,450 $26,500 $153,950
2015 $1,398 $180,450 $26,500 $153,950
2014 $1,307 $170,870 $26,500 $144,370
2013 -- $170,870 $26,500 $144,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 180605

Hive MLS

APN: 8563-10-46-7087