NOT LISTED FOR SALE

505 W Rhode Island Ave Southern Pines, NC 28387

Estimated Value: $373,000

3 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 15, 2018

Last sale price $275,000

Est. 36% increase in value since last sale

Current estimated payment $2,140/month

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Pinecrest High School Rated A-
  • Corner Lot
  • Combination Dining and Living Room

About This Home

As of October 2023

Incredible single level ranch home, that's perfect for Southern Pines living! Close enough to enjoy all the downtown amenities but still just far enough away to enjoy the quiet from all the bustles. Enjoy outdoor gardening in the multiple planters and the large shed is perfect for gym, office or additional storage.This THREE-bedroom 2 BATH home was totally redon just a few short years ago. Open floor plan, with designer kitchen and baths really make living here a joy- not to mention all the extra touches throughout-Gleaming hardwood floors, quartz countertops, butcherblock island, and custom light fixtures. Garage is finished with epoxy flooring and ready for gym or extra space if car parking is not needed. This is NOT your ordinary ranch - it's a MUST SEE!

Last Agent to Rent the Property

Carl Nines

Rhodes and Co LLC License #256294 Listed on: 09/05/2023

Last Renter's Agent

Carl Nines

Rhodes and Co LLC License #256294 Listed on: 09/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1966

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Southern Pines Elementary School
  • Crain's Creek Middle School
  • Pinecrest High School

Utilities

  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Energy-Efficient HVAC
  • Deck

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • No Smoking Allowed
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,239

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Pets: Negotiable
  • Owner Pays: None
  • Lease Terms: 1 Year Lease, Check Credit, More than 1 Year, References
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Pet Fees: Yes
  • Security Deposit: Yes
  • Smoking: No

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1966
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Wash/Dry Connect
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: Partial
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Vent Hood
  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Gas Pack, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Town of Southern Pines
  • HeatingSystemFuelSource: Electric, Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Lot Acres: 0.23
  • Lot Description: Corner Lot
  • Lot Sq Ft: 10019.00

MLS Schools

  • Elementary School: Southern Pines
  • High School: Pinecrest High
  • Middle School: Crain's Creek Middle
  • School District: Moore County Schools

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Nov 7, 2018
Sold by
Matzelle Robert and Matzelle Brynna
Bought by
Bouchard Gordon Ilan and Pacher Isarna A
Seller's Agent
Jodie Roybal
Realty World Properties of the Pines
Buyer's Agent
Stephanie Hazelton
ERA Strother RE #5
Sold Price
$275,000
Current Estimated Value
$373,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,000
Avg. Annual Appreciation
4.48%
Original Mortgage
$280,912
Outstanding Balance
$246,501
Interest Rate
4.7%
Mortgage Type
VA
Estimated Equity
$126,499
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
Bouchard Gordon Ilan $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouchard Gordon Ilan $280,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Rented $2,300 0.0% --
09/13/2023 09/13/23 Under Contract -- -- --
09/05/2023 09/05/23 For Rent $2,300 0.0% --
11/15/2018 11/15/18 Sold $275,000 -- $219 / Sq Ft View Prior Sale
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 $2,239 $351,260 $119,890 $231,370
2023 $2,310 $351,260 $119,890 $231,370
2022 $2,252 $243,460 $69,940 $173,520
2021 $2,313 $243,460 $69,940 $173,520
2020 $2,333 $240,910 $69,940 $170,970
2019 $2,308 $243,460 $69,940 $173,520
2018 $0 $86,660 $29,970 $56,690
2017 $0 $86,660 $29,970 $56,690
2015 -- $86,660 $29,970 $56,690
2014 -- $146,110 $90,000 $56,110
2013 -- $146,110 $90,000 $56,110
Source: Public Records

Agents Affiliated with this Home

  • Carl Nines

    Landlord's Agent in 2023

    Carl Nines

    Rhodes and Co LLC

    (910) 603-1883

    10 in this area

    31 Total Sales

    Carl Nines
    Section Image

  • J

    Seller's Agent in 2018

    Jodie Roybal

    Realty World Properties of the Pines

  • S

    Buyer's Agent in 2018

    Stephanie Hazelton

    ERA Strother RE #5

See All Agents

Map

Source: Hive MLS

MLS Number: 100403401

Hive MLS

APN: 8582-18-31-6537

North Carolina Moore County Southern Pines 28387

505 W Rhode Island Ave, Southern Pines, NC

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