NOT LISTED FOR SALE

53 Elkton Dr Pinehurst, NC 28374

Estimated Value: $385,000 - $877,686

0.82 Acre
$769,930 Price per Acre
35,719 Sq Ft Lot

Last Sold September 04, 2020

Last sale price $225,000

Est. 217% increase in value since last sale

Current estimated payment $4,492/month

Highlights

  • Water Views
  • On Golf Course
  • 0.82 Acre Lot
  • McDeeds Creek Elementary School Rated A-

About This Lot

As of September 2020

One of the best lots in Forest Creek! Golf front and great water views overlooking 15th and 17 holes of the highly ranked North course. Large building envelope will accommodate your dream house. Minimum 2,600 sq foot home for single level. Multi level: 2,200 main and 400 on second floor with architectural review required on all homes. Setbacks: Rear=60' Side =15' Front=40' last lot on the left.

Last Agent to Sell the Property

Keith Harris

Pines Sotheby's International Realty License #215989 Listed on: 09/04/2020

Pines Sotheby's International Realty

Co-Listed By

Ross Laton

Pines Sotheby's International Realty License #211510

Last Buyer's Agent

Keith Harris

Pines Sotheby's International Realty License #215989 Listed on: 09/04/2020

Pines Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 144x257x141x239
  • On Golf Course
  • Property is zoned RS-3

HOA Fees

  • $60 Monthly HOA Fees

Property Views

  • Water Views

Community Details

  • Forest Creek Subdivision

Listing and Financial Details

  • Tax Lot 1416

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Deed Page: 257.00
  • Directions To Property: Enter Forest Creek gate, then 1st right onto Meyer Farm, then 6th right onto Elkton Dr.
  • Document Count: 5
  • H O A: Yes
  • Listing I D: 189932
  • Lot Description: On Golf Course
  • Lot Dimensions: 144x257x141x239
  • Lot Number: 1416
  • Marketing City: Pinehurst
  • M L S Approved: Y
  • Sign On Property: No
  • State Province: NC
  • Subdivision: Forest Creek
  • Tax Year: 2019
  • Terms: Cash
  • Total City Real Estate Property Tax: 1100.00
  • Un Branded Virtual Tour: http://www.seetheproperty.com/u/284481
  • Waterview: Yes
  • Zoning: RS-3
  • Acres: 0.82
  • List Priceper Acre: 303658.54
  • Lot Number2: 1416
  • H O A Association Fee1 Year: 725.00
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Unknown
Bought by
Not Given
Current Estimated Value
$712,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,928,787
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$1,297,444

Purchase Details

Listed on
Sep 4, 2020
Closed on
Aug 31, 2020
Sold by
Schultz Robert A and Schultz Debra
Bought by
Ricci Mark R and Ricci Norma R
Seller's Agent
Keith Harris
Pines Sotheby's International Realty
Buyer's Agent
Keith Harris
Pines Sotheby's International Realty
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.27%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Forest Creek Holding Co Llc
Bought by
Schultz Robert A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Not Given -- None Listed On Document
Ricci Mark R $225,000 None Available
Schultz Robert A $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Not Given $1,999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $225,000 -- --
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 -- $325,000 $325,000 $0
2023 $8,097 $1,231,430 $325,000 $906,430
2022 $6,796 $734,750 $275,000 $459,750
2021 $2,613 $275,000 $275,000 $0
2020 $2,635 $275,000 $275,000 $0
2019 $2,635 $275,000 $275,000 $0
2018 $1,742 $192,500 $192,500 $0
2017 $1,723 $192,500 $192,500 $0
2015 $1,665 $192,500 $192,500 $0
2014 -- $400,000 $400,000 $0
2013 -- $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 189932

Hive MLS

APN: 8574-04-51-2596