NOT LISTED FOR SALE

725 Lake Forest Dr SE Pinehurst, NC 28374

Estimated Value: $615,000 - $795,000

4 Beds
3.5 Baths
3,206 Sq Ft
$231/Sq Ft Est. Value

Last Sold January 25, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $4,164/month

3 Days on Market

Highlights

  • Water Views
  • Deck
  • Main Floor Primary Bedroom
  • Pinehurst Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of January 2022

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.

Last Agent to Sell the Property

Jennifer Nguyen

Berkshire Hathaway HS Pinehurst Realty Group/PH License #283495 Listed on: 01/05/2022

Co-Listed By

Karen Iampietro

Berkshire Hathaway HS SP/Pinehurst Realty Group/SP License #272186

Last Buyer's Agent

CASEY BARBERA

Berkshire Hathaway HS Pinehurst Realty Group/PH License #274889

Berkshire Hathaway HS Pinehurst Realty Group/PH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 110 x 160 x 96 x 160
  • Property is zoned R15

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,206 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pinemere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00057148

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,592

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dryer, Washer, Refrigerator
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 267.00
  • Directions To Property: Route 5/Beulah Hills Road South - turn right onto Lake Hills Road. Straight through traffic circle. Left onto Lake Forest Drive SE. Home on right.
  • Document Count: 5
  • Fencing: None
  • Fireplace: 1
  • Foundation: Crawl Space
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100306564
  • List Priceper Sq Ft: 194.95
  • Location Type: Mainland
  • Lot Acres: 0.38
  • Lot Dimensions: 110 x 160 x 96 x 160
  • Lot Sq Ft: 16422.00
  • Marketing City: Pinehurst
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Post Direction: SE
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Sign On Property: Yes
  • Sq Ft Heated: 3206.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Pinemere
  • Tax Identifier: 00057148
  • Tax Year: 2021
  • Terms: Cash, VA Loan, FHA, Conventional
  • Total City Real Estate Property Tax: 1307.91
  • Total Real Estate Property Taxes: 3591.56
  • Total Heated Primary Separate Sq Ft: 3206.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 2005
  • Zoning: R15
  • Lot View Type: Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Flooring: Carpet, Wood
  • Interior Amenities: 1st Floor Master, Pantry, Smoke Detectors
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Vinyl Siding
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

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
$740,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,563
Avg. Annual Appreciation
3.24%

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
7.45%
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:

--
Value Increase
--
Percent Increase
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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
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
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
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 $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

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100306564

Hive MLS

APN: 8551-06-48-6433