NOT LISTED FOR SALE

540 Midland Dr Unit 16B Pinehurst, NC 28374

Estimated Value: $395,000 - $448,000

2 Beds
2 Baths
1,910 Sq Ft
$8/mo HOA Fee

Last Sold January 23, 2017

Last sale price $199,000 $104 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,345/month

Highlights

  • On Golf Course
  • Indoor Pool
  • Wood Flooring
  • McDeeds Creek Elementary School Rated A-
  • Clubhouse
  • Formal Dining Room

About This Home

As of January 2017

Beautifully renovated golf front townhome in desirable Midland Country Club conveniently located just off scenic Midland Road. Spacious floor plan flows well for large gatherings while providing separate spaces for daily living needs. Entry opens into large living and dining room with 9' smooth ceilings, wood floors and skylights. Updated kitchen with white cabinets and stainless appliances opens to a sunny Carolina room with fireplace and two separate patios that overlook several fairways without compromising the privacy of outdoor living spaces. Custom plantation shutters, wood and tile floors throughout except bedrooms, 9' smooth ceilings and moldings add a designer's touch to this tastefully appointed home.

Last Agent to Sell the Property

Barbara Klug

Pinehurst Area Realty License #32202 Listed on: 01/23/2017

Last Buyer's Agent

Barbara Klug

Pinehurst Area Realty License #32202 Listed on: 01/23/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $847

Year Built

  • Built in 1986

Lot Details

  • On Golf Course
  • Irrigation

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Home Security System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Indoor Pool
  • Patio

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Midland CC Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$847

Year Built

Built in 1986

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Deed Page: 408.00
  • Directions To Property: Midland CC entrance off Midland Road, Stay straight on Midland Drive, first house on left.
  • Document Count: 1
  • Fireplace: 1
  • H O A: No
  • H O Aand Neighborhood Amenities: Clubhouse, Golf Course, Indoor Pool
  • Listing I D: 178578
  • List Priceper Sq Ft: 117.75
  • Lot Description: On Golf Course
  • Lot Dimensions: 92x123x68x138
  • Marketing City: Pinehurst
  • M L S Approved: Y
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved
  • Secondary Subdivision: None
  • Sign On Property: No
  • Sq Ft Heated: 1910.00
  • State Province: NC
  • Stories Levels: One
  • Subdivision: Midland CC
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 505.00
  • Total Real Estate Property Taxes: 847.00
  • Total Heated Primary Separate Sq Ft: 1910.00
  • Water Heater: Electric
  • Year Built: 1986
  • H O Aand Neighborhood Amenities Club List: Midland CC and Knollwood
  • H O A Association Fee1 Year: 100.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down
  • Dining Room Type: Formal
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Gas Logs, Pantry, Security System, Skylights, Smoke Detectors, Wash/Dry Connect
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Aluminum Siding, Wood Siding
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jan 23, 2017
Sold by
Newsome Larry W and Newsome Lynda S
Bought by
Buckley Chad R and Buckley Karen
Seller's Agent
Barbara Klug
Pinehurst Area Realty
Buyer's Agent
Barbara Klug
Pinehurst Area Realty
Sold Price
$199,000
Current Estimated Value
$418,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,456
Avg. Annual Appreciation
8.65%
Original Mortgage
$161,986
Outstanding Balance
$134,172
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$284,284

Purchase Details

Listed on
Apr 5, 2016
Closed on
Mar 28, 2016
Sold by
Zachary Karen D
Bought by
Newsome Larry W and Newsome Lynda S
Seller's Agent
Barbara Klug
Pinehurst Area Realty
Buyer's Agent
Sally Thomas
Sand Hills Properties
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.76%
Original Mortgage
$120,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2009
Sold by
Moss Richard J and Moss Jane M
Bought by
Zachary Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Sold by
Moss Richard J and Moss Jane M
Bought by
Zachary Stephen
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
Buckley Chad R $199,000 None Available
Newsome Larry W $170,000 Attorney
Zachary Stephen $174,000 None Available
Zachary Stephen $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckley Chad R $161,986
Previous Owner Newsome Larry W $120,000
Previous Owner Zachary Stephen $139,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2017 01/23/17 Sold $199,000 +17.1% $104 / Sq Ft
04/05/2016 04/05/16 Sold $170,000 -- $89 / Sq Ft View Prior Sale
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 $1,826 $319,010 $50,000 $269,010
2023 $1,906 $319,010 $50,000 $269,010
2022 $1,690 $202,340 $38,000 $164,340
2021 $1,750 $202,340 $38,000 $164,340
2020 $1,732 $202,340 $38,000 $164,340
2019 $1,732 $202,340 $38,000 $164,340
2018 $1,370 $171,270 $30,000 $141,270
2017 $1,353 $171,270 $30,000 $141,270
2015 $1,327 $171,270 $30,000 $141,270
2014 $1,414 $184,780 $35,000 $149,780
2013 -- $184,780 $35,000 $149,780
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barbara Klug

    Pinehurst Area Realty

    (910) 690-0262

    58 in this area

    110 Total Sales

    Barbara Klug
    Section Image

  • S

    Buyer's Agent in 2016

    Sally Thomas

    Sand Hills Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 178578

Hive MLS

APN: 8572-05-09-8555

North Carolina Moore County Pinehurst 28374

540 Midland Dr Unit 16B, Pinehurst, NC

Not Listed for Sale

Condos

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