NOT LISTED FOR SALE

515 Petty St Southern Pines, NC 28387

Estimated Value: $474,000 - $490,000

3 Beds
2 Baths
1,474 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $465,000 $315 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,051/month

38 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • 1 Car Detached Garage
  • Pinecrest High School Rated A-
  • Community Pool
  • Porch

About This Home

As of August 2023

Located in the Cottages On May Subdivision, this 3BR 2BA cottage has so much to offer! The large front porch with stone columns and a covered back porch are perfect for entertaining or relaxing. Inside you'll find an open floor plan with a large kitchen equipped with stainless steel appliances and a natural gas stove. The breakfast bar and eating area are open to the spacious living room with a stone fireplace and gas logs. The Master bedroom has access to the back porch and deck, and the Master bath has double sinks and a walk-in shower. Other features include: Rinnai tankless water heater, custom closets, soft close drawers/doors, Leaf Guard gutter protection, and a one car detached garage with custom driveway and stone walkway. The HOA of $195/mo includes lawn maintenance, pool, clubhouse, playground and common areas.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #273853 Listed on: 05/23/2023

Last Buyer's Agent

Nikki Bowman

Realty World Properties of the Pines License #244650

Realty World Properties of the Pines

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 2019

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 48x202x51x210
  • Property is zoned RS-1

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Porch

Schools

  • Southern Pines Elementary School
  • Southern Middle School
  • Pinecrest High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 82R
  • Assessor Parcel Number 20180489

Community Details

Overview

  • Carolina Commercial Association
  • The Cottages On May Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 2019

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling - Vaulted, Ceiling Fan(s), Gas Logs, Pantry, Walk-In Closet
  • List Price per Sq Ft: 322.25
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1474.00
  • Total Heated Primary Separate Sq Ft: 1474.00

Exterior Features

  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Block, Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Detached, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Gas, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Community Pool, Playground
  • HOAAssociationFee1Year: 2340.00
  • HOAAssociationName: Carolina Commercial
  • HOAAssociationPhone: 910-294-61

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 391.00
  • Lot Acres: 0.23
  • Lot Dimensions: 48x202x51x210
  • Lot Number: 82R
  • Lot Sq Ft: 10019.00
  • Zoning: RS-1

Tax Info

  • Tax Identifier: 20180489
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2903.30

MLS Schools

  • Elementary School: Southern Pines
  • High School: Pinecrest
  • Middle School: Southern
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 5, 2023
Sold by
Vanschaick Timothy and Vanschaick Tracey
Bought by
Shane Lisa Marie
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Nikki Bowman
Realty World Properties of the Pines
List Price
$524,900
Sold Price
$465,000
Premium/Discount to List
-$59,900
-11.41%
Views
64
Current Estimated Value
$482,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,303
Avg. Annual Appreciation
4.08%
Original Mortgage
$225,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2019
Closed on
Apr 16, 2020
Sold by
Moore Hl Properties Inc
Bought by
Vanschaick Timothy and Vanschanick Tracey
Seller's Agent
Tim Venjohn
Rhodes and Co LLC
Buyer's Agent
Donell Keith
Keller Williams Pinehurst
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$318,250
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Shane Lisa Marie $465,000 None Listed On Document
Vanschaick Timothy $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shane Lisa Marie $225,000
Previous Owner Vanschaick Timothy $318,250
Previous Owner Moore Hl Properties Inc $251,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $465,000 -2.1% $315 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/18/2023 06/18/23 Price Changed $475,000 -5.0% $322 / Sq Ft
06/03/2023 06/03/23 Price Changed $499,900 -4.8% $339 / Sq Ft
05/23/2023 05/23/23 For Sale $524,900 +56.7% $356 / Sq Ft
04/20/2020 04/20/20 Sold $335,000 0.0% $227 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $335,000 -- $227 / 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 $2,734 $428,870 $70,000 $358,870
2023 $2,820 $428,870 $70,000 $358,870
2022 $2,903 $313,870 $60,000 $253,870
2021 $2,982 $313,870 $60,000 $253,870
2020 $1,693 $176,680 $60,000 $116,680
2019 $575 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100385888

Hive MLS

APN: 20180489