NOT LISTED FOR SALE

85 Cherokee Rd Pinehurst, NC 28374

Estimated Value: $889,000 - $1,188,000

4 Beds
4 Baths
2,400 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $545,000 $227 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,870/month

506 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • No HOA
  • Pinehurst Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Tufts Memorial Park

About This Home

As of August 2018

HALE COTTAGE.One of the original cottages.Built for Dr Hale,Leonard Tuft's minister from Boston. Original Pine flooring.Cottage was completely remodeled in 2010. Had a complete new master suite added to the original cottage.Google the history on the cottage,it's unbelievable. This home has been rented by Arnold Palmer,Jack Nicklaus,Dustin Hoffman.Too many more to name. Home is currently being rented.Renter Don Fuquay 910-986-3857. Contact him directly for showings.

Last Agent to Sell the Property

Debra Brenner

At Home Realtors License #117114 Listed on: 03/02/2017

Last Buyer's Agent

Keith Harris

Pines Sotheby's International Realty License #215989

Pines Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1895

Lot Details

  • 0.3 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 603

Community Details

Overview

  • No Home Owners Association
  • Old Town Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,851

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Gas Logs
  • List Price per Sq Ft: 249.58
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 2400.00
  • Total Heated Primary Separate Sq Ft: 2400.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Ice Maker, Refrigerator, Washer
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Clubhouse, Community Pool, Golf Course, Tennis Court(s)
  • HOA and Neighborhood Amenities Club List: Pinehurst Country Club

Lot Info

  • Deed Page: 119.00
  • Lot Acres: 0.30
  • Lot Dimensions: .338
  • Lot Number: 603

Tax Info

  • Tax Year: 2016
  • Total City Real Estate Property Tax: 2000.00
  • Total Real Estate Property Taxes: 1851.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Aug 15, 2018
Sold by
Goudarzi Kamran and Goudarzi Tonia H
Bought by
Maloney Steven D and Maloney Kimberly S
Seller's Agent
Debra Brenner
At Home Realtors
Buyer's Agent
Keith Harris
Pines Sotheby's International Realty
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$1,026,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,814
Avg. Annual Appreciation
9.30%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Maloney Steven D $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maloney Steven D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $545,000 0.0% $227 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
03/02/2017 03/02/17 For Sale $545,000 -- $227 / 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 $5,107 $891,980 $372,400 $519,580
2023 $5,330 $891,980 $372,400 $519,580
2022 $4,460 $534,090 $254,690 $279,400
2021 $4,620 $534,090 $254,690 $279,400
2020 $4,572 $525,420 $254,690 $270,730
2019 $4,572 $534,090 $254,690 $279,400
2018 $3,899 $487,410 $228,740 $258,670
2017 $3,851 $487,410 $228,740 $258,670
2015 $3,777 $487,410 $228,740 $258,670
2014 $4,931 $644,570 $277,350 $367,220
2013 -- $644,570 $277,350 $367,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 180638

Hive MLS

APN: 8552-12-96-6043