NOT LISTED FOR SALE

925 Morganton Rd Unit 7a Pinehurst, NC 28374

Estimated Value: $247,000 - $278,000

1 Bed
1 Bath
750 Sq Ft
1,307 Sq Ft Lot

Last Sold January 14, 2021

Last sale price $152,500 $203 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,418/month

3 Days on Market

Highlights

  • Furnished
  • Combination Dining and Living Room
  • Heating Available
  • Pinecrest High School Rated A-

About This Home

As of January 2021

Investor opportunity with tenant in place until April 30, 2021 (currently the tenant would like to renew lease). Or purchase for your own eventual use and collect rent until end of lease. Roof=2014, HVAC=2020, Windows= 2016, Vinyl Siding, Gutters (paid for) to be installed in 2021. Kitchen & bath renovations, new appliances in about 2014. Fully furnished with the exception of end tables, flat screen TV, trunk/coffee table, stained glass hanging and a few other personal pieces. This golf front end unit with deck, fireplace and own utility/laundry room gets nice light. And, no apartment above you!

Last Agent to Sell the Property

Mary-Stewart Regensburg

Coldwell Banker Advantage-Southern Pines License #228669 Listed on: 12/04/2020

Coldwell Banker Advantage-Southern Pines

Last Buyer's Agent

Tracy Gibson

Pines Sotheby's International Realty License #280287

Pines Sotheby's International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • 1,307

Home Design

  • Composition Roof

Interior Spaces

  • Furnished
  • Combination Dining and Living Room

Kitchen

  • Built-In Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: None
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Appliances: Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
  • Original List Price: 138000.00
  • Unit Levels: One
  • List Price Per Sqft: 184.00
  • Special Features: None
  • Stories: 0

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Master Downstairs, Furnished, Gas Log
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Has Fireplace?: Yes
  • Room Types: Dining Room, Laundry, Living Room, Master Bedroom, Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 1.00
  • Living Area Range: 600 - 799

Exterior Features

  • Roof: Composition
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Paved

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Termite Bond
  • Association Fees: 1800.00
  • Has H O A?: Yes

Lot Info

  • Deed Book: 4577
  • Deed Page: 345.00
  • Lot Number: 1
  • Zoning: R MF
  • Lot Features: On Golf Course
  • Lot Size Acres: 0.03
  • Lot Size: n/a
  • Lot Size Sq Ft: 1306.80
  • Purchase Contract Date: 2020-12-07
  • Permitted Use: Public

Tax Info

  • Tax Year: 2020
  • Tax Amount: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 19, 2020
Sold by
Rupp Larry P and Rupp Deborah A
Bought by
Joshi Ramesh and Pageni Chhaya
Seller's Agent
Mary-Stewart Regensburg
Coldwell Banker Advantage-Southern Pines
Buyer's Agent
Tracy Gibson
Pines Sotheby's International Realty
List Price
$138,000
Sold Price
$152,500
Premium/Discount to List
$14,500
10.51%
Current Estimated Value
$255,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,675
Avg. Annual Appreciation
10.80%
Original Mortgage
$110,000
Outstanding Balance
$97,950
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$157,225

Purchase Details

Listed on
Dec 1, 2015
Closed on
Nov 25, 2015
Sold by
Collins Gregory B and Collins Denise
Bought by
Rupp Larry P and Rupp Deborah A
Seller's Agent
Martha Gentry
The Gentry Team
Buyer's Agent
Mary-Stewart Regensburg
Coldwell Banker Advantage-Southern Pines
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$27,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Joshi Ramesh $152,500 None Available
Rupp Larry P $118,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Ramesh $110,000
Previous Owner Rupp Larry P $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $152,500 +10.5% $203 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $138,000 +16.9% $184 / Sq Ft
12/01/2015 12/01/15 Sold $118,000 -- -- View Prior Sale
Source: Hive MLS

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 $1,107 $193,440 $75,000 $118,440
2023 $1,156 $193,440 $75,000 $118,440
2022 $982 $117,640 $55,000 $62,640
2021 $1,018 $117,640 $55,000 $62,640
2020 $1,007 $117,640 $55,000 $62,640
2019 $1,007 $117,640 $55,000 $62,640
2018 $946 $118,250 $55,000 $63,250
2017 $934 $118,250 $55,000 $63,250
2015 $916 $118,250 $55,000 $63,250
2014 $811 $106,060 $25,000 $81,060
2013 -- $106,060 $25,000 $81,060
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary-Stewart Regensburg

    Coldwell Banker Advantage-Southern Pines

    (910) 528-5823

    20 in this area

    23 Total Sales

    Mary-Stewart Regensburg
    Section Image

  • T

    Buyer's Agent in 2021

    Tracy Gibson

    Pines Sotheby's International Realty

    (910) 315-3269

    59 in this area

    106 Total Sales

    Tracy Gibson
    Section Image
  • Martha Gentry

    Seller's Agent in 2015

    Martha Gentry

    The Gentry Team

    (910) 295-7100

    377 in this area

    777 Total Sales

    Martha Gentry
    Section Image
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Map

Source: Hive MLS

MLS Number: 203539

Hive MLS

APN: 8562-18-41-0743

North Carolina Moore County Pinehurst 28374

925 Morganton Rd Unit 7a, Pinehurst, NC

Not Listed for Sale

Condos

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