NOT LISTED FOR SALE

70 Sugar Gum Ln Unit 4 Pinehurst, NC 28374

Estimated Value: $352,000 - $423,000

2 Beds
1.5 Baths
890 Sq Ft
$285/mo HOA Fee

Last Sold February 23, 2024

Last sale price $407,500 $458 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,569/month

75 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Living Room
  • Pinehurst Elementary School Rated A-
  • Wrap Around Porch
  • Open Patio

About This Home

As of February 2024

Rare opportunity to own one of the few 'Tree Houses'' located directly fronting the length of Lake Pinehurst. If you are a boating person, you will enjoy a newly constructed L-shaped dock complete with 2 separate outlets ready to charge up your Pontoon boat. The 'Tree House' features a wraparound second floor deck with 180 degrees of Lake Pinehurst views. Your new home features 15 foot vaulted industrial beamed ceiling. The open-plan kitchen and adjoining dining room enjoy majestic views of beautiful Lake Pinehurst. The home encompasses two bedrooms serviced cleverly with a Jack and Jill bathroom that provides privacy for both bedrooms, which are outfitted with significant closet space. As an added luxury, this home is equipped with an outdoor electric elevator. This elevator is perfect for effortlessly bringing in groceries or luggage to the second floor or for assisting wheelchair bound. Don't miss this rare opportunity to have a dock right outside your front door and to enjoy uninterrupted views of Lake Pinehurst.

Last Listed By

Victoria Adkins

Coldwell Banker Advantage-Southern Pines License #276981 Listed on: 10/20/2023

Coldwell Banker Advantage-Southern Pines

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1977

Lot Details

  • Lake Front

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Living Room
  • Lake Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Wrap Around Porch

Schools

  • West Pine Middle School
  • Pinecrest High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00015290

Community Details

Overview

  • Master Insurance
  • Brae Burn Village Association, Phone Number (910) 585-6455
  • Brae Burn Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,191

Year Built

Built in 1977

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1977
  • Road Frontage Type: Lake Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 9Ft+ Ceilings
  • List Price per Sq Ft: 544.94
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 890.00
  • Total Heated Primary Separate Sq Ft: 890.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Raised
  • Porch Balcony Deck: Open, Wrap Around
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Gravel, Off Street

Utilities

  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Grounds, Maint - Roads, Management, Master Insure
  • HOAAssociationFee1Year: 3420.00
  • HOAAssociationName: Brae Burn Village
  • HOAAssociationPhone: 9105856455

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 570.00
  • Lot Water Features: Boat Dock
  • Plat Book: 00000
  • Plat Page: 00000
  • Lot View Type: Lake View

Tax Info

  • Tax Identifier: 00015290
  • Tax Year: 2023
  • Total City Real Estate Property Tax: 458.39
  • Total Real Estate Property Taxes: 1190.82

MLS Schools

  • Elementary School: Other
  • High School: Pinecrest High
  • Middle School: West Pine Middle
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Lawler John Robert
Bought by
Connelly William L and Connelly Kathleen L
Total Days on Market
75
Current Estimated Value
$394,929

Purchase Details

Closed on
Aug 14, 2017
Sold by
Coleman Sue Ann
Bought by
Lawler Rebecca Lynn and Lawler John Robert

Range of Values:

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Average Value
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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
Connelly William L $322,500 None Listed On Document
Lawler Rebecca Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clevergirl Properties Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $407,500 -16.0% $458 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $485,000 -- $545 / 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 $1,141 $199,300 $80,000 $119,300
2023 $1,191 $199,300 $80,000 $119,300
2022 $1,226 $146,860 $80,000 $66,860
2021 $1,270 $146,860 $80,000 $66,860
2020 $1,257 $146,860 $80,000 $66,860
2019 $1,257 $146,860 $80,000 $66,860
2018 $0 $127,720 $65,000 $62,720
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 100410888

Hive MLS

APN: 855219507256073