NOT LISTED FOR SALE

725 Lake Forest Dr SE Pinehurst, NC 28374

Estimated Value: $762,000 - $862,000

4 Beds
4 Baths
3,206 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $652,900 $204 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,393/month

About This Home

Nestled in the pines, beautiful home with Lake Pinehurst views. Hardwood floors flow through out the living spaces and Carolina Room. 4 bedroom and 3.5 baths. Gourmet kitchen with granite countertops, breakfast bar and stainless steel appliances including new refrigerator. Primary bedroom suite with office/study, walk in closet, and en suite. Second and third bedrooms on main floor. Fourth bedroom upstairs with private bath and storage galore. Large deck with pagoda overlooks fenced back yard. Laundry room with new washer and dryer. Two car garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jan 24, 2022
Sold by
Sibila Family Llc
Bought by
Mead Donald T and Mead Jeanne A
Seller's Agent
Jennifer Nguyen
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
CASEY BARBERA
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$625,000
Sold Price
$652,900
Premium/Discount to List
$27,900
4.46%
Current Estimated Value
$795,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,442
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Aug 23, 2021
Sold by
Richardson Linnya K
Bought by
Sibila Family Llc

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 19, 2017
Sold by
Morris Charles S
Bought by
Richardson Linnya K
Seller's Agent
Debra Brenner
At Home Realtors
Buyer's Agent
Carol Carlyle
Sand Hills Properties
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$316,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 4, 2009
Sold by
Groenen Frank and Groenen June
Bought by
Morris Charles S and Morris Caroline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,800
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mead Donald T $653,000 Robbins May & Rich Llp
Sibila Family Llc $550,000 None Available
Richardson Linnya K $395,000 None Available
Morris Charles S $442,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Linnya K $316,000
Previous Owner Morris Charles S $397,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2022 01/25/22 Sold $652,900 +4.5% $204 / Sq Ft View Prior Sale
01/10/2022 01/10/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $625,000 +58.2% $195 / Sq Ft
04/07/2017 04/07/17 Sold $395,000 -- $122 / Sq Ft View Prior Sale

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 $3,546 $619,420 $90,000 $529,420
2023 $3,701 $619,420 $90,000 $529,420
2022 $3,467 $415,210 $50,000 $365,210
2021 $3,592 $415,210 $50,000 $365,210
2020 $3,555 $415,210 $50,000 $365,210
2019 $3,555 $415,210 $50,000 $365,210
2018 $3,243 $405,410 $50,000 $355,410
2017 $3,203 $405,410 $50,000 $355,410
2015 $3,142 $405,410 $50,000 $355,410
2014 $3,793 $495,800 $77,500 $418,300
2013 -- $495,800 $77,500 $418,300
Source: Public Records

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