NOT LISTED FOR SALE

740 Lake Forest Dr SE Pinehurst, NC 28374

Pinehurst Area

Estimated Value: $861,000 - $1,053,349

3 Beds
3 Baths
2,915 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $850,000 $292 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,721 / mo

2 Days on Market

Highlights

  • Lake Front
  • Community Boat Dock
  • Wooded Lot
  • Pinehurst Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2022

Fantastic lake front home on Lake Pinehurst. Located in PINEMERE. A rare find! Single level home with 2,915 sq ft., plus, it has a wonderful enclosed Sun Porch overlooking the lake, also an open covered porch facing the lake. Den/Study off Master Suite also has a lake view. New fiber cement siding. Aggregate concrete driveway. (3) Heat Pumps. Split bedroom plan.Large (27x26) Great Room with vaulted ceiling (15'), floor to ceiling stone fire place, gas logs, 2-ceiling fans, beams and track lighting. The large kitchen with hardwood flooring, 2-ceiling fans, solid cherry cabinetry, and Corian solid surface counter tops. There is a sealed crawl space with a dehumidifier.

Last Agent to Sell the Property

Frank Sessoms

Berkshire Hathaway HS Pinehurst Realty Group/PH License #27411 Listed on: 03/01/2022

Berkshire Hathaway HS Pinehurst Realty Group/PH

Last Buyer's Agent

Outside MLS Sold Long Leaf Pine MLS (Fayettev)

Non Member Transaction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,882

Year Built

  • Built in 1985

Lot Details

  • 20,909 Sq Ft Lot
  • Lot Dimensions are 95x201x109x205
  • Lake Front
  • Irrigation
  • Wooded Lot
  • Property is zoned R15

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 2,915 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Water Views
  • Crawl Space

Kitchen

  • Double Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Bulkhead
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 00047282

Community Details

Overview

  • No Home Owners Association
  • Pinemere Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,882

Year Built

Built in 1985

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Dishwasher, Washer, Refrigerator, Microwave - Built-In, Humidifier/Dehumidifier, Dryer, Double Oven, Disposal
  • List Priceper Sq Ft: 248.71
  • New Construction: No
  • Prospect Exempt: No
  • Total Real Estate Property Taxes: 4882.06
  • Waterview: Yes
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Blinds/Shades, Skylights, Walk-In Closet, Walk-in Shower, Solid Surface, Pantry, Foyer, Gas Logs, Ceiling - Vaulted
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Den Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sunroom Level: Main
  • Sq Ft Heated: 2915.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 2915.00

Exterior Features

  • Exterior Features: Gas Grill, Irrigation System, Gas Logs
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Open, Enclosed, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Composition
  • Waterfront: Yes
  • Road Frontage Type: Lake Front

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 2800 - 2999
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities Club List: None Selected

Fee Information

  • Home Warranty Termite Company: Terminix
  • Home Warranty Termite Company Phone: 910-692-6952

Schools

  • School District: Moore County Schools

Lot Info

  • Cobra Zone: No
  • Deed Page: 521.00
  • Lot Acres: 0.48
  • Lot Description: Wooded
  • Lot Dimensions: 95x201x109x205
  • Lot Number: 8
  • Lot Sq Ft: 20909.00
  • Lot Water Features: Boat Dock, Bulkhead
  • Zoning: R15

Tax Info

  • Tax Identifier: 00047282
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 1627.35

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Mar 11, 2022
Sold by
Bought by
Seller's Agent
Frank Sessoms
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Outside MLS Sold Long Leaf Pine MLS (Fayettev)
Non Member Transaction
List Price
$725,000
Sold Price
$850,000
Premium/Discount to List
$125,000
17.24%
Current Estimated Value
$976,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,837
Avg. Annual Appreciation
3.27%
Original Mortgage
$515,000
Interest Rate
0.0389%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Pate William H
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $515,000
Previous Owner $325,000
Previous Owner $55,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $850,000 +17.2% $292 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $725,000 -- $249 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,286 $813,720 $350,000 $463,720
2024 $4,659 $813,720 $350,000 $463,720
2023 $4,862 $813,720 $350,000 $463,720
2022 $4,314 $516,620 $280,000 $236,620
2021 $4,469 $516,620 $280,000 $236,620
2020 $4,423 $515,830 $280,000 $235,830
2019 $4,423 $516,620 $280,000 $236,620
2018 $3,966 $483,940 $280,000 $203,940
2017 $3,916 $483,940 $280,000 $203,940
2015 $3,751 $483,940 $280,000 $203,940
2014 $3,791 $495,580 $286,000 $209,580
2013 -- $495,580 $286,000 $209,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100314405

Hive MLS

APN: 8551-06-48-7286

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