NOT LISTED FOR SALE

5365 Pine Ridge Dr Connellys Springs, NC 28612

Estimated Value: $265,000 - $343,000

3 Beds
2.5 Baths
3,140 Sq Ft
$101/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $270,000 $86 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,024/month

271 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Corner Lot
  • George Hildebrand Elementary School Rated 9+
  • Wood Flooring
  • Built-In Features

About This Home

As of December 2022

Must see the Amazing Views from this year round or vacation home in the beautiful Pine Mountain community. Home sits on ample .68 acre corner lot with views that go on forever. Combo brick and wood exterior w/wood floors thru main area. Home features large living room, formal dining, den w/adjacent office to take advantage of the views plus Primary Bedroom has views and small balcony. Large basement area which has family room and exercise area but offers lots of options and includes spacious 2 car garage. Bsmt also has workshop area w/built in shelving. Over 2300 square feet on main floor.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 03/18/2022

Coldwell Banker Newton RE

Last Buyer's Agent

Mark Causby

Coldwell Banker Newton RE License #322859

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1975

Lot Details

  • Corner Lot
  • Paved or Partially Paved Lot
  • Property is zoned RMU, Burke

HOA Fees

  • $143 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Window Treatments
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven
  • Electric Range
  • Range Hood

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Garage
  • Basement Garage
  • Workshop in Garage

Outdoor Features

  • Deck

Schools

  • George Hidelbrand Elementary School
  • East Burke Middle School
  • East Burke High School

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2617913562

Community Details

Overview

  • Pine Mountain Estates Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1975

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1975
  • Ratio Current Price By Acre: 397058.82
  • Restrictions: Subdivision
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 85.99
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Brick/Mortar
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Garage Shop, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2300
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1460
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1460
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck,Front
  • Appliances: Electric Range, Exhaust Hood, Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 840
  • Fireplace Features: Den, Family Room
  • Living Area: 3140
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 575
  • Parking Features: Basement, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 143.06
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: East Burke
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1716.72

Lot Info

  • Lot Features: Corner Lot, Long Range View, Paved, Year Round View
  • Lot Size Area: 0.68
  • Lot Size Units: Acres
  • Parcel Number: 2617913562
  • Lot Size: irreg
  • Zoning Description: Burke
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.64009

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: George Hidelbrand
  • High School: East Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Dec 14, 2022
Sold by
Leroy J Summerfield J and Leroy Joan P
Bought by
Billow Chase Cabrera
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Mark Causby
Coldwell Banker Newton RE
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Views
12
Current Estimated Value
$316,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,936
Avg. Annual Appreciation
8.81%
Original Mortgage
$265,109
Outstanding Balance
$257,680
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$81,998

Purchase Details

Closed on
Sep 29, 2014
Sold by
Summerfield Leroy J and Summerfield Joan P
Bought by
The Leroy J Summerfield & Joan P Summerf
Source: Public Records

Range of Values:

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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
Billow Chase Cabrera $270,000 None Listed On Document
The Leroy J Summerfield & Joan P Summerf -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billow Chase Cabrera $265,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $270,000 -5.3% $86 / Sq Ft
09/13/2022 09/13/22 Price Changed $285,000 0.0% $91 / Sq Ft
09/13/2022 09/13/22 For Sale $285,000 +5.6% $91 / Sq Ft
09/12/2022 09/12/22 Off Market $270,000 -- --
07/11/2022 07/11/22 Price Changed $299,900 -5.1% $96 / Sq Ft
05/19/2022 05/19/22 Price Changed $315,900 -5.7% $101 / Sq Ft
03/18/2022 03/18/22 For Sale $335,000 -- $107 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,000 $274,646 $4,402 $270,244
2023 $2,000 $274,646 $4,402 $270,244
2022 $1,526 $173,771 $3,902 $169,869
2021 $1,520 $173,771 $3,902 $169,869
2020 $1,516 $173,771 $3,902 $169,869
2019 $1,516 $173,771 $3,902 $169,869
2018 $1,395 $159,192 $3,902 $155,290
2017 $1,393 $159,192 $3,902 $155,290
2016 $1,364 $159,192 $3,902 $155,290
2015 $1,361 $159,192 $3,902 $155,290
2014 $1,360 $159,192 $3,902 $155,290
2013 $1,360 $159,192 $3,902 $155,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3839906

Canopy MLS (Canopy Realtor® Association)

APN: 27250