NOT LISTED FOR SALE

55 Lake Point Dr Pinehurst, NC 28374

Estimated Value: $634,000 - $782,000

3 Beds
3 Baths
1,600 Sq Ft
$250/mo HOA Fee

Last Sold February 24, 2020

Last sale price $450,000 $281 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,051/month

Highlights

  • Community Boat Dock
  • Waterfront
  • Wood Flooring
  • Pinehurst Elementary School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of February 2020

This was a FSBO entered for internal MLS data purposes only & should not be used as a comparable since it was not exposed to the open market. Note: buyers agent is state-certified appraiser. The unit was very dated with almost all original fixtures, appointments and construction elements. Super nice water views.

Last Agent to Sell the Property

For Sale BY Owner

Non Member Transaction Listed on: 02/24/2020

Last Buyer's Agent

Tammy Lyne

Keller Williams Pinehurst License #140668

Keller Williams Pinehurst

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Termite Clearance
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • Lake Point Condos Subdivision

Recreation

  • Community Boat Dock

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,778

Year Built

Built in 1985

Lot Details

3,485 Sq Ft Lot

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Appliances Equipment: Dishwasher, Refrigerator
  • List Priceper Sq Ft: 187.50
  • New Construction: No
  • Secondary Subdivision: None
  • Total Real Estate Property Taxes: 2778.00
  • Waterview: Yes
  • Year Built: 1985
  • Lot View Type: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Smoke Detectors, Wash/Dry Connect
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 1600.00
  • Sq Ft Heated Separate: 800.00
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 2400.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Heated Sq Ft: 2400 - 2599
  • Heating System: Baseboard, Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Termite Bond
  • H O A Association Fee1 Year: 3000.00

Lot Info

  • Deed Page: 204.00
  • Lot Dimensions: condo
  • Lot Water Features: Boat Dock, Water Access Comm
  • Zoning: R MF

Tax Info

  • Tax Year: 2019
  • Total City Real Estate Property Tax: 981.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Feb 17, 2020
Sold by
Sperber Barbara and Sperber Steven
Bought by
Lewis William H and Lewis Judith G
Seller's Agent
For Sale BY Owner
Non Member Transaction
Buyer's Agent
Tammy Lyne
Keller Williams Pinehurst
Sold Price
$450,000
Current Estimated Value
$689,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,834
Avg. Annual Appreciation
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lewis William H $450,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $450,000 -- $281 / Sq Ft
Source: Hive MLS

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 $2,979 $520,380 $230,000 $290,380
2023 $3,109 $520,380 $230,000 $290,380
2022 $2,778 $332,670 $130,000 $202,670
2021 $2,878 $332,670 $130,000 $202,670
2020 $2,798 $326,870 $130,000 $196,870
2019 $3,841 $326,870 $130,000 $196,870
2018 $2,582 $322,780 $130,000 $192,780
2017 $2,550 $322,780 $130,000 $192,780
2015 $2,502 $322,780 $130,000 $192,780
2014 $2,778 $363,110 $115,000 $248,110
2013 -- $363,110 $115,000 $248,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 199001

Hive MLS

APN: 8551-07-57-5916

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