NOT LISTED FOR SALE

525 W Connecticut Ave Southern Pines, NC 28387

Estimated Value: $315,000 - $393,000

3 Beds
2 Baths
1,480 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $380,000 $257 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,050/month

10 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • No HOA
  • Pinecrest High School Rated A-
  • Granite Countertops
  • Fenced Yard

About This Home

As of May 2024

Welcome to your charming new home in the heart of downtown Southern Pines! This delightful 3-bedroom, 2-bathroom house is conveniently located within walking distance of restaurants, shops, and entertainment. Perfect as a primary residence, or for investors looking for a property with great rental history. With fresh paint in the main living area and a fully fenced in back yard this house is 100% ready for you to call it home!

Last Agent to Sell the Property

Meridith Mucci

KELLER WILLIAMS REALTY (PINEHURST) License #276352 Listed on: 04/18/2024

KELLER WILLIAMS REALTY (PINEHURST)

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1955

Lot Details

  • Fenced Yard
  • Wooded Lot

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8582-00-20-4800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Fireplace YN: No
  • Levels One: Yes
  • Flooring Wood: Yes
  • Fencing Fenced: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Primary Downstairs, Walk-In Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Fencing: Fenced
  • Home Warranty: No
  • Lot Features:Wooded: Yes
  • Exterior Features:Fenced - Yard: Yes

Utilities

  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Parcel #: 8582-00-20-4800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 12, 2024
Sold by
Brett Catherine Clare
Bought by
Walston James
Seller's Agent
Meridith Mucci
KELLER WILLIAMS REALTY (PINEHURST)
Buyer's Agent
Non Member
Non Member Office
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Views
46
Current Estimated Value
$358,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,113
Avg. Annual Appreciation
-3.89%
Original Mortgage
$260,000
Outstanding Balance
$256,312
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$102,575

Purchase Details

Listed on
Nov 1, 2017
Closed on
Oct 26, 2017
Sold by
Sc W Connecticut Llc
Bought by
Brett Catherine Clare
Seller's Agent
Chad Higby
ChadHigby.com, LLC
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$221,212
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2015
Sold by
Ttrkc Properties Llc
Bought by
Sc W Connecticut Llc
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
Walston James $380,000 None Listed On Document
Walston James $380,000 None Listed On Document
Brett Catherine Clare $248,000 None Available
Sc W Connecticut Llc $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walston James $260,000
Closed Walston James $260,000
Previous Owner Brett Catherine Clare $221,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $380,000 -2.6% $257 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $390,000 0.0% $264 / Sq Ft
03/15/2023 03/15/23 Rented $2,100 0.0% --
02/16/2023 02/16/23 Under Contract -- -- --
02/01/2023 02/01/23 For Rent $2,100 +5.0% --
10/03/2022 10/03/22 Rented $2,000 0.0% --
09/21/2022 09/21/22 Price Changed $2,000 -7.0% $1 / Sq Ft
07/25/2022 07/25/22 For Rent $2,150 +7.5% --
10/01/2021 10/01/21 Rented $2,000 +5.3% --
10/26/2020 10/26/20 Rented $1,900 0.0% --
11/01/2017 11/01/17 Sold $248,000 +520.0% $167 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Sold $40,000 -- $46 / Sq Ft View Prior Sale
Source: Doorify 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 $2,048 $321,220 $100,230 $220,990
2023 $2,112 $321,220 $100,230 $220,990
2022 $2,075 $224,290 $60,930 $163,360
2021 $2,131 $224,290 $60,930 $163,360
2020 $2,149 $223,960 $60,930 $163,030
2019 $2,149 $224,290 $60,930 $163,360
2018 $1,388 $59,060 $19,500 $39,560
2017 $947 $59,060 $19,500 $39,560
2015 $511 $59,060 $19,500 $39,560
2014 $528 $61,780 $30,630 $31,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP720933

Doorify MLS

APN: 8582-00-20-4728