NOT LISTED FOR SALE

60 Burning Tree Rd Pinehurst, NC 28374

Estimated Value: $665,000 - $1,060,000

0.41 Acre
$2,311,549 Price per Acre
17,860 Sq Ft Lot

Last Sold September 12, 2012

Last sale price $114,000

Est. 731% increase in value since last sale

Current estimated payment $5,456/month

59 Days on Market

Highlights

  • Marina
  • On Golf Course
  • Community Pool
  • Pinehurst Elementary School Rated A-
  • Clubhouse
  • Community Playground

About This Lot

As of September 2012

Beautiful golf front lot on Pinehurst #3 11th hole. This one of the last of its kinds in Pinehurst. Spanning over .4 of an acre with majestic views from tee to green. This would make for a prime custom build lot or a long term investment. Plus the lot comes with a Pinehurst CC membership with the buyer to pay prevailing transfer fee. To learn more about this lot go on our Youtube Cannel.

Last Agent to Sell the Property

Scott Lincicome

HSP Realty Group Listed on: 06/15/2012

Last Buyer's Agent

Emily Hewson

Berkshire Hathaway HS Pinehurst Realty Group/PH License #47467

Berkshire Hathaway HS Pinehurst Realty Group/PH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,866

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 233x145x118x117x20
  • On Golf Course

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Community Playground
  • Community Pool

Additional Features

  • Unit 1 Subdivision
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$4,866

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA and Neighborhood Amenities: Clubhouse, Golf Course, Marina, Playground, Pool

Lot Info

  • Deed Page: 522.00
  • Lot Description: On Golf Course
  • Lot Dimensions: 233x145x118x117x20
  • Acres: 0.41
  • List Price per Acre: 314634.16

Tax Info

  • Tax Year: 2011
  • Total City Real Estate Property Tax: 217.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Sep 4, 2012
Sold by
Equity Trust Company
Bought by
Demarco Dominick A and Demarco Janet L
Seller's Agent
Scott Lincicome
HSP Realty Group
Buyer's Agent
Emily Hewson
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$114,000
Sold Price
$114,000
Current Estimated Value
$947,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,735
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Aug 8, 2007
Sold by
Trowe Dale L
Bought by
Equity Trust Co and Russell T Hanson Jr Ira

Purchase Details

Closed on
Mar 3, 2005
Sold by
Fremont Investment & Loan
Bought by
Trowe Dale L and Trowe Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,900
Interest Rate
5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Demarco Dominick A $114,000 None Available
Equity Trust Co $80,000 None Available
Trowe Dale L $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trowe Dale L $393,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2012 09/12/12 Sold $114,000 0.0% --
08/13/2012 08/13/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $114,000 -- --
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 $4,866 $849,980 $175,000 $674,980
2023 $5,079 $849,980 $175,000 $674,980
2022 $4,474 $535,790 $90,000 $445,790
2021 $4,635 $535,790 $90,000 $445,790
2020 $4,587 $535,790 $90,000 $445,790
2019 $4,587 $535,790 $90,000 $445,790
2018 $4,066 $508,190 $95,000 $413,190
2017 $4,015 $508,190 $95,000 $413,190
2015 $3,938 $508,190 $95,000 $413,190
2014 -- $520,450 $97,000 $423,450
2013 -- $520,450 $97,000 $423,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 148949

Hive MLS

APN: 8552-00-51-6483