NOT LISTED FOR SALE

85 Shaw Rd SW Pinehurst, NC 28374

Estimated Value: $822,000 - $930,000

4 Beds
3.5 Baths
2,492 Sq Ft
$358/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $850,000 $341 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,972/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Furnished
  • Pinehurst Elementary School Rated A-
  • 2 Fireplaces
  • No HOA

About This Home

As of May 2023

Penny Copper Cottage - Old Town Pinehurst - Charter PCC Membership - Furnished - Non-conforming Use Permit from Village of Pinehurst to operate as a Short-term Rental. 4BR/3.5BA house that was completely renovated in 2018 and has been gently used since as an owner getaway and short-term rental. One level living just .3 miles to the bag drop of Pinehurst Resort & CC and only .2 miles to the Carolina Hotel. The charm inside the home abounds as the natural light coming in through the eyebrow dormers illuminate the many features: the stack stone fireplace in the Living Room, the massive granite island in the kitchen, the stone fireplace in the Master Bedroom, the dual head walk-in shower in the Master Bath, the wine refrigerator in wet bar and much more! The copper gutters on the exterior highlight the home and are what the cottage was named after. There is a covered patio off the back bedroom and an open patio off the Living Room. Buy this amazing home as a 2nd home or a future primary residence that will cash flow immediately with reservations on the books and five US Opens to come! The lot next door is also available (75 Beulah Hill Road) - MLS# 100376123

Last Agent to Sell the Property

Todd Camplin

Colony Partners License #279775 Listed on: 04/08/2023

Last Buyer's Agent

Deborah Darby

Berkshire Hathaway HS Pinehurst Realty Group/PH License #250638

Berkshire Hathaway HS Pinehurst Realty Group/PH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1955

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x190x120x100x58
  • Property is zoned R20

Home Design

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

Interior Spaces

  • 2,492 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Kitchen Island
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Pinehurst Elementary School
  • West Pine Middle School
  • Pinecrest High School

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00014388

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,082

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Bookcases, Ceiling - Vaulted, Ceiling Fan(s), Furnished, Kitchen Island, Smoke Detectors, Walk-in Shower, Wet Bar
  • Laundry Location: Room
  • List Price per Sq Ft: 385.23
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2492.00
  • Total Heated Primary Separate Sq Ft: 2492.00
  • Furnished: Furnished

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Open, Patio
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Garage Door Opener, Paved

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 4884
  • Deed Page: 445.00
  • Lot Acres: 0.50
  • Lot Dimensions: 125x190x120x100x58
  • Lot Sq Ft: 2492.00
  • Zoning: R20

Tax Info

  • Tax Identifier: 00014388
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 4082.37

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
May 8, 2023
Sold by
Golf Estates Nc Llc
Bought by
Gleason James A and Gleason Karen A
Seller's Agent
Todd Camplin
Colony Partners
Buyer's Agent
Deborah Darby
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$960,000
Sold Price
$850,000
Premium/Discount to List
-$110,000
-11.46%
Views
15
Current Estimated Value
$891,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,845
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Virgil Denise B
Bought by
Golf Estates Nc Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Gleason James A $850,000 None Listed On Document
Golf Estates Nc Llc $315,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $850,000 -11.5% $341 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $960,000 -- $385 / 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 $3,752 $655,400 $302,150 $353,250
2023 $3,878 $649,110 $302,150 $346,960
2022 $3,941 $471,950 $211,080 $260,870
2021 $4,082 $471,950 $211,080 $260,870
2020 $4,040 $471,950 $211,080 $260,870
2019 $4,040 $471,950 $211,080 $260,870
2018 $3,031 $378,820 $202,270 $176,550
2017 $2,993 $378,820 $202,270 $176,550
2015 $2,936 $378,820 $202,270 $176,550
2014 $3,335 $435,960 $203,310 $232,650
2013 -- $435,960 $203,310 $232,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100378227

Hive MLS

APN: 8552-12-85-4348