NOT LISTED FOR SALE

85 Lake Point Dr Pinehurst, NC 28374

Estimated Value: $704,421 - $759,000

3 Beds
3 Baths
2,020 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $650,000 $322 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,352/month

11 Days on Market

Highlights

  • Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Pinehurst Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of August 2022

A LAKEFRONT TOWNHOME on Lake Pinehurst. These units rarely come on the market! Enjoy a lifestyle living on the waterfront in this fabulous 3 Bedroom, 3 Bath contemporary villa! Simply amazing lake vistas and sunsets! The current owner artistically re-designed the interior from a cookie-cutter contemporary to an amazing floor plan with transformational finishes throughout. Included is a private dock and 2 car garage! New HVAC. HOA includes basic cable/internet, a termite bond, exterior common grounds maintenance.

Last Agent to Sell the Property

Janice Storrs

Landseer Properties LLC License #187819 Listed on: 06/30/2022

Last Buyer's Agent

Martha Gentry

The Gentry Team License #35242

The Gentry Team

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Water Views
  • Crawl Space
  • Termite Clearance
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Pinehurst Elementary School
  • Southern Middle School
  • Pinecrest High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Fuel Tank

Community Details

  • Master Insurance
  • Lake Point Condos Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 00051628

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,578

Year Built

Built in 1985

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 1985
  • Road Frontage Type: Lakefront
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Concrete, Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Kitchen Island, Walk-in Shower, Walk-In Closet(s), Master Downstairs
  • Laundry Location: Laundry Closet
  • List Price per Sq Ft: 346.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Upper
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2020.00
  • Total Heated Primary Separate Sq Ft: 2020.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Maintained, Private Road
  • Roof: Composition, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Dryer, Washer, Refrigerator, Gas Oven, Gas Cooktop
  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: No
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Utilities: Water Available
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable TV, Termite Bond, Maint - Comm Areas, Master Insure, Maint - Roads
  • HOAAssociationFee1Year: 3120.00

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Page: 351.00
  • Special Assessments: None at this time
  • Zoning: R MF
  • Lot View Type: Water

Tax Info

  • Tax Identifier: 00051628
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2577.78

MLS Schools

  • Elementary School: Pinehurst
  • High School: Pinecrest
  • Middle School: Southern Middle
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 10, 2022
Sold by
Le-Arne Morrissett
Bought by
Serbin Ronald Scott and Serbin Deborah Moore
Seller's Agent
Janice Storrs
Landseer Properties LLC
Buyer's Agent
Martha Gentry
The Gentry Team
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$726,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,355
Avg. Annual Appreciation
3.52%
Original Mortgage
$200,000
Outstanding Balance
$185,092
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$541,263

Purchase Details

Closed on
May 12, 2011
Sold by
Chu Bing Chia and Chu Jung Chen
Bought by
Morrissett Le Arne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Chu Bing Chia and Jung Chen
Bought by
Morrissett Le-Arne
Source: Public Records

Range of Values:

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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
Serbin Ronald Scott $650,000 Robbins May & Rich Llp
Morrissett Le Arne $290,000 None Available
Morrissett Le-Arne $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serbin Ronald Scott $200,000
Previous Owner Morrissett Le Arne $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $650,000 -7.0% $322 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $699,000 -- $346 / 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 $3,396 $593,120 $287,500 $305,620
2023 $3,544 $593,120 $287,500 $305,620
2022 $2,488 $298,010 $130,000 $168,010
2021 $2,578 $298,010 $130,000 $168,010
2020 $2,551 $298,010 $130,000 $168,010
2019 $2,551 $298,010 $130,000 $168,010
2018 $2,348 $293,520 $130,000 $163,520
2017 $2,319 $293,520 $130,000 $163,520
2015 $2,275 $293,520 $130,000 $163,520
2014 $2,755 $360,160 $149,500 $210,660
2013 -- $360,160 $149,500 $210,660
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Janice Storrs

    Landseer Properties LLC

    Section Image
  • Martha Gentry

    Buyer's Agent in 2022

    Martha Gentry

    The Gentry Team

    (910) 295-7100

    391 in this area

    810 Total Sales

    Martha Gentry
    Section Image
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Map

Source: Hive MLS

MLS Number: 100336556

Hive MLS

APN: 8551-07-58-4196

North Carolina Moore County Pinehurst 28374

85 Lake Point Dr, Pinehurst, NC

This home is located at 85 Lake Point Dr, Pinehurst, NC 28374 since 30 June 2022 and is currently estimated at $726,355, approximately $359 per square foot. This property was built in 1985. 85 Lake Point Dr is a home located in Moore County with nearby schools including Pinehurst Elementary School, West Pine Middle School, and Pinecrest High School.

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