NOT LISTED FOR SALE

540 E Morganton Rd Southern Pines, NC 28387

Estimated Value: $693,000 - $821,000

4 Beds
3.5 Baths
2,705 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $525,000 $194 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,556/month

193 Days on Market

Highlights

  • Golf Course Community
  • Indoor Pool
  • Deck
  • Pinecrest High School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of February 2021

Charming 4/3.5 historic home with detached 2 car garage on large wooded lot in downtown Southern Pines. 3,300 sqft of timeless character blended with modern functionality. Highlights include heart pine floors, antique wall telephone, cherub brass front door knocker, glass door knobs, 2 gas fireplaces, formal dining room, gourmet chef's kitchen with JennAir gas range, granite counters, herringbone marble tile backsplash, farm sink, breakfast nook with bay window, large screen porch and oversized deck. Master on Main with study, beautifully updated bathroom with huge tile walk in shower and antique lighted hutch for storage. 2nd Master upstairs with private sunroom, fireplace and full bathroom. Finished basement with pub style bar, copper bar sink, and more! Termite Bond.

Last Agent to Sell the Property

Rachel Hernandez

Pines Sotheby's International Realty License #280490 Listed on: 07/15/2020

Pines Sotheby's International Realty

Last Buyer's Agent

Lauren Haggett

Everything Pines Partners LLC License #315131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1930

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 265 x 115 x 121 x 249 x 66
  • Property is zoned RS-3

Home Design

  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 2,705 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Formal Dining Room
  • Workshop
  • Basement
  • Crawl Space
  • Storage In Attic
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Detached Garage
  • Carport

Outdoor Features

  • Indoor Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,023

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Basement, Ceiling Fan(s), Pantry, Security System, Smoke Detectors, Wash/Dry Connect, Wet Bar, Workshop
  • List Price per Sq Ft: 172.42
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.50
  • Bedrooms: 4
  • Sq Ft Heated: 2705.00
  • Sq Ft Heated Separate: 595.00
  • Total Heated Primary Separate Sq Ft: 3300.00

Exterior Features

  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Deck, Patio, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Water Softener
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Clubhouse, Golf Course, Indoor Pool, Playground, Tennis Court(s), Termite Bond

Lot Info

  • Deed Page: 456.00
  • Lot Acres: 0.85
  • Lot Dimensions: 265 x 115 x 121 x 249 x 66
  • Lot Number: 15
  • Zoning: RS-3

Tax Info

  • Tax Year: 2020
  • Total City Real Estate Property Tax: 1586.60
  • Total Real Estate Property Taxes: 2022.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Feb 20, 2021
Sold by
Rio Jonathan E and Roberts Melissa M
Bought by
Durbin Sarah D
Seller's Agent
Rachel Hernandez
Pines Sotheby's International Realty
Buyer's Agent
Lauren Haggett
Everything Pines Partners LLC
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$774,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,844
Avg. Annual Appreciation
9.39%
Original Mortgage
$506,979
Outstanding Balance
$459,251
Interest Rate
2.65%
Mortgage Type
VA
Estimated Equity
$324,954

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 18, 2015
Sold by
Hackman Kenneth and Hackman Sandra
Bought by
Rio Jonathan E and Roberts Melissa M
Seller's Agent
Tony Myers
Assist-2-Sell
Buyer's Agent
Nikki Bowman
Realty World Properties of the Pines
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
May 14, 2012
Closed on
May 14, 2012
Sold by
Oates Jeremie J and Oates Sally D
Bought by
Hackman Kenneth and Hackman Sandra
Seller's Agent
Tony Myers
Assist-2-Sell
Buyer's Agent
Tony Myers
Assist-2-Sell
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$328,800
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2007
Sold by
Kowalczyk Theodore S and Pernice June C
Bought by
Oates Jeremie J and Oates Sally D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,329
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Saunders Donald M and Saunders Mary Lou
Bought by
Kowalczyk Theodore S and Pernice June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
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
Durbin Sarah D $525,000 None Available
Rio Jonathan E $525,000 Attorney
Hackman Kenneth $420,000 None Available
Oates Jeremie J $290,000 None Available
Kowalczyk Theodore S $267,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durbin Sarah D $506,979
Previous Owner Roberts Melissa M $415,000
Previous Owner Hackman Kenneth $328,800
Previous Owner Oates Jeremie $288,000
Previous Owner Oates Jeremie J $287,329
Previous Owner Kowalczyk Theodore S $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $525,000 0.0% $194 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
07/15/2020 07/15/20 For Sale $525,000 0.0% $194 / Sq Ft
06/25/2015 06/25/15 Sold $525,000 0.0% $202 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $525,000 +25.0% $202 / Sq Ft
05/14/2012 05/14/12 Sold $420,000 -- $136 / 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 $3,771 $591,520 $125,000 $466,520
2023 $3,889 $591,520 $125,000 $466,520
2022 $3,669 $396,650 $95,000 $301,650
2021 $3,768 $396,650 $95,000 $301,650
2020 $3,725 $392,630 $95,000 $297,630
2019 $3,768 $396,650 $95,000 $301,650
2018 $3,260 $360,200 $95,000 $265,200
2017 $3,224 $360,200 $95,000 $265,200
2015 $3,116 $360,200 $95,000 $265,200
2014 $3,074 $359,580 $85,000 $274,580
2013 -- $359,580 $85,000 $274,580
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rachel Hernandez

    Pines Sotheby's International Realty

    (910) 528-0112

    104 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lauren Haggett

    Everything Pines Partners LLC

    Section Image

  • T

    Seller's Agent in 2015

    Tony Myers

    Assist-2-Sell

    Section Image
  • Nikki Bowman

    Buyer's Agent in 2015

    Nikki Bowman

    Realty World Properties of the Pines

    (910) 528-4902

    354 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 201328

Hive MLS

APN: 8581-10-25-8331

North Carolina Moore County Southern Pines 28387

540 E Morganton Rd, Southern Pines, NC

This home is located at 540 E Morganton Rd, Southern Pines, NC 28387 since 15 July 2020 and is currently estimated at $774,844, approximately $286 per square foot. This property was built in 1930. 540 E Morganton Rd is a home located in Moore County with nearby schools including Southern Pines Elementary, Southern Middle School, and Pinecrest High School.

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