NOT LISTED FOR SALE

Estimated Value: $285,000 - $407,000

3 Beds
2 Baths
1,840 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $275,000 $149 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,962/month

14 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Wood Flooring
  • Pinecrest High School Rated A-
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of May 2023

Busy corner w/ tremendous traffic count & visibility .79 Acre zoned RM-1, Multi-Fam w/ potential to be Office Service zoning w/ town approval. Current use: Duplex unit w/ outbuilding storage. Unit 1: 1st floor, 840 SF 2BR/1BA w/ laundry & Oak HW floors. Unit 2: 2nd floor 1,000 SF 1BR/1BA w/ laundry, HW floors, vaulted ceilings, rear deck w/ access from rear exterior stairs. 1 power/electric meter & 1 water meter currently. Under duplex is large drive thru garage: 25'x30' w/ storage rm. Additional: detached 27'x22' frame 2 car garage w/ loft. Also large metal building 50'x30' w/ 18 ft eave height, 2 over sized drive thru doors & 30'x16' floored loft storage area w/ stairs. Would make excellent contractors office & storage or convert outbuildings to more multi-family units. RM-1 zoning permits 7 total units on this site. Perhaps covert storage to additional units or just rent the storage areas? ORRemove some or all buildings, apply for a zoning change. Note: current tenants are long term month to month and rent paid is well below the market, owner currently pays all utilities. Natural gas heat. Interior of duplex to be shown after storage areas are shown and proof of funds or loan pre-approval is obtained. Apartment 2 can have a wall built to make dining room 2nd bedroom. Central A/C is inoperable as it needs a new coil replaced. Units share 1 thermostat. Staircase from garage to units has been blocked off. Seller reserves the right to leave various personal property-Offer must reflect this.

Last Agent to Sell the Property

Tammy Lyne

Keller Williams Pinehurst License #140668 Listed on: 03/31/2023

Keller Williams Pinehurst

Last Buyer's Agent

Karen Caulfield

Coldwell Banker Advantage-Southern Pines License #274468

Coldwell Banker Advantage-Southern Pines

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1950

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 216.22x231.45x100x200.07
  • Wood Fence
  • Corner Lot

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Composite Building Materials

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Workshop
  • Partial Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Second Kitchen
  • Gas Oven

Flooring

  • Wood
  • Vinyl

Parking

  • 10 Garage Spaces | 2 Attached and 8 Detached
  • Circular Driveway
  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Southern Pines Elementary School
  • Southern Middle School
  • Pinecrest High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00048684 And 00046657

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 1950

Lot Details

0.79 Acres

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Appliances Equipment: Refrigerator, Stove/Oven - Gas
  • List Priceper Sq Ft: 160.33
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1735.00
  • Waterview: No
  • Year Built: 1950
  • Appliance: Refrigerator, Stove/Oven - Gas
  • Cooling: Wall/Window Unit
  • Features: Utility Room
  • Occupied: Yes
  • Owner Pays: Electric, Gas, Water/Sewer
  • Rent Frequency: 575.00
  • Rent Frequency: Monthly
  • Side Unit2 Appliance: Refrigerator, Stove/Oven - Gas
  • Side Unit2 Cooling: Wall/Window Unit
  • Side Unit2 Features: Patio/Balcony/Deck, Utility Room
  • Side Unit2 Heating: Forced Air, Natural Gas
  • Side Unit2 Occupied: Yes
  • Side Unit2 Owner Pays: Electric, Gas, Water/Sewer
  • Side Unit2 Rent: 600.00
  • Side Unit2 Rent Frequency: Monthly
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: See Remarks
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Vinyl, Wood
  • Interior Amenities: 1st Floor Master, 2nd Kitchen, Ceiling - Vaulted, Ceiling Fan(s), Smoke Detectors, Wash/Dry Connect, Workshop
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Total Bathrooms: 2.00
  • Stories: 2.0
  • Stories Levels: Two
  • Number Bedrooms Total: 3
  • Furnished: No
  • Bedrooms: 2
  • Side Unit2 Furnished: No
  • Numberof Bedrooms: 1
  • Total Heated Sq Ft: 1840.00
  • Furnished: Unfurnished

Exterior Features

  • Exterior Finish: Composition, See Remarks, Wood Siding
  • Fencing: Partial, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Composition, Metal, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Detached Garage Spaces: 8.00
  • Total Garage Spaces: 10.00
  • Parking Driveway: Additional Parking, Asphalt, Circular, Off Street, On Site, Paved, See Remarks

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Heating: Forced Air, Natural Gas
  • Heating System Fuel Source: Natural Gas
  • Electric Number Meters: 1
  • Sewer: Connected
  • Sewer Number Meters: 1
  • Water Source: Water Connected, Well
  • Water Source Number Meters: 1

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Park

Fee Information

  • Property Mgmt Company: No

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 4211
  • Deed Page: 171.00
  • Lot Acres: 0.79
  • Lot Description: Corner Lot
  • Lot Dimensions: 216.22X231.45X100X200.07
  • Lot Sq Ft: 34412.00
  • Zoning: RM-1

Rental Info

  • Appointment Center Phone: 800-379-0057
  • Appointment Contact: Showing Time
  • Pets: Yes
  • Lease Incl: Home

Tax Info

  • Tax Identifier: 00048684 And 00046657
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 5, 2023
Sold by
Fowler J Clealand
Bought by
Mashburn Shay L
Seller's Agent
Tammy Lyne
Keller Williams Pinehurst
Buyer's Agent
Karen Caulfield
Coldwell Banker Advantage-Southern Pines
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
156
Current Estimated Value
$348,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,536
Avg. Annual Appreciation
8.70%
Source: Public Records
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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
Mashburn Shay L $275,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $275,000 -6.8% $149 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $295,000 -- $160 / Sq Ft
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 $1,793 $281,180 $138,790 $142,390
2023 $1,849 $281,180 $138,790 $142,390
2022 $1,664 $179,890 $76,050 $103,840
2021 $1,709 $179,890 $76,050 $103,840
2020 $1,724 $161,270 $76,050 $85,220
2019 $1,724 $179,890 $76,050 $103,840
2018 $1,497 $165,360 $63,380 $101,980
2017 $1,480 $165,360 $63,380 $101,980
2015 $1,430 $165,360 $63,380 $101,980
2014 $1,703 $199,200 $76,050 $123,150
2013 -- $199,200 $76,050 $123,150
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 100376971

Hive MLS

APN: 8571-15-54-9918

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