NOT LISTED FOR SALE

530 N Ashe St Southern Pines, NC 28387

Estimated Value: $545,361 - $599,000

3 Beds
2 Baths
1,997 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $562,140 $281 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,291/month

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Covered Patio or Porch
  • Pinecrest High School Rated A-
  • Den
  • Formal Dining Room

About This Home

As of May 2024

Introducing The Magnolia Cottage, a charming 1920's gem nestled in the heart of downtown Southern Pines. This 3 bedroom, 2 bath picturesque home exudes character and boasts high ceilings, adding to its timeless appeal. Its convenient location allows for easy access to all the amenities our vibrant downtown has to offer. This home is a true testament to the beauty and charm of vintage architecture, making it an ideal choice for those seeking a home full of character. In addition to its captivating interior, The Magnolia Cottage offers the allure of outdoor living. The large fenced-in backyard provides a private oasis that is perfect for relaxation and recreation. The big front porch is a delightful feature that sets the stage for the warm and inviting ambiance of the cottage. This spacious outdoor area not only enhances the curb appeal of the home but also offers a perfect spot to unwind and look at one of Southern Pines' largest magnolia trees that is located directly in your yard! Don't miss the opportunity to make this amazing historical home your own.

Last Agent to Sell the Property

Kelly Ward

Keller Williams Pinehurst License #337584 Listed on: 04/23/2024

Keller Williams Pinehurst

Last Buyer's Agent

Julia Lattarulo

Keller Williams Pinehurst License #317697

Keller Williams Pinehurst

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 92 x 100 x 46 x 46 x 42 x 150
  • Fenced Yard
  • Wood Fence
  • Front Yard
  • Property is zoned RM-1

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,997 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Log Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Gas Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • 2 Detached Carport Spaces
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00035887

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,865

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1920
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Dirt
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Bookcases, Gas Logs, Pantry
  • Laundry Location: Room
  • List Price per Sq Ft: 275.41
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Den Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Sq Ft Heated: 1997.00
  • Total Heated Primary Separate Sq Ft: 1997.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Front Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Detached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Concrete, Gravel

Utilities

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

Association/Amenities

  • HOA: No

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 172.00
  • Lot Acres: 0.27
  • Lot Dimensions: 92 x 100 x 46 x 46 x 42 x 150
  • Lot Sq Ft: 11761.00
  • Zoning: RM-1

Tax Info

  • Tax Identifier: 00035887
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 2864.66

MLS Schools

  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 23, 2024
Sold by
Orahilly Roisin B and Depasquale Gina
Bought by
Wood Kimberly and Manley George
Seller's Agent
Kelly Ward
Keller Williams Pinehurst
Buyer's Agent
Julia Lattarulo
Keller Williams Pinehurst
List Price
$550,000
Sold Price
$562,140
Premium/Discount to List
$12,140
2.21%
Views
112
Current Estimated Value
$576,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,200
Avg. Annual Appreciation
1.38%
Original Mortgage
$505,000
Outstanding Balance
$498,817
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$72,798

Purchase Details

Closed on
May 5, 2009
Sold by
Orahilly Roisin B
Bought by
Orahilly Roisin B and Depasquale Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2003
Sold by
Angel Richard Andrew and Angel He
Bought by
O'Rahilly Roisin B and Pasquale Gina
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
Wood Kimberly $563,000 None Listed On Document
Orahilly Roisin B $115,000 None Available
O'Rahilly Roisin B $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Kimberly $505,000
Previous Owner Depasquale Gina $50,000
Previous Owner Orahilly Roisin B $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $562,140 +2.2% $281 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $550,000 0.0% $275 / Sq Ft
06/01/2023 06/01/23 Rented $2,900 0.0% --
05/23/2023 05/23/23 Price Changed $2,900 -3.3% $1 / Sq Ft
05/03/2023 05/03/23 For Rent $3,000 +11.1% --
10/21/2022 10/21/22 Rented $2,700 -5.3% --
10/19/2022 10/19/22 Under Contract -- -- --
09/28/2022 09/28/22 Price Changed $2,850 -5.0% $1 / Sq Ft
08/30/2022 08/30/22 For Rent $3,000 +20.0% --
09/01/2021 09/01/21 Rented $2,500 +19.0% --
09/01/2020 09/01/20 Rented $2,100 -- --
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 $2,778 $435,690 $127,940 $307,750
2023 $2,865 $435,690 $127,940 $307,750
2022 $2,983 $322,480 $104,520 $217,960
2021 $3,064 $322,480 $104,520 $217,960
2020 $3,090 $319,960 $104,520 $215,440
2019 $3,090 $322,480 $104,520 $217,960
2018 $2,515 $277,930 $99,520 $178,410
2017 $2,487 $277,930 $99,520 $178,410
2015 $2,404 $277,930 $99,520 $178,410
2014 $1,786 $208,920 $46,940 $161,980
2013 -- $208,920 $46,940 $161,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100440465

Hive MLS

APN: 8581-06-49-8323