See Home Value
$437,000 - $533,000
House - Off Market

525 Petty Street

Southern Pines, NC 28387
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1369 Sqft
Sold Apr 28, 2023
$435,000
$347,920 by Caliber Home Loans, Inc.
Mortgage Due May 01, 2053
Sold Jul 02, 2019
$314,500
$294,009 by National Bank Of Kansas City
Mortgage Due Aug 01, 2049

About This Property

Back on Market! Buyer changed their mind, so you get a second chance to call this home! Welcome to your own slice of paradise at this charming one-story cottage in the highly coveted Cottages on May community!

As you step through the inviting front porch, ideal for savoring your morning brew or unwinding with a cocktail at dusk, you're welcomed into a light-filled open concept living space that sets the tone for relaxed living.

Indulge your inner chef in the spacious kitchen featuring a large kitchen island with warm two-toned cabinets, stainless steel appliances, and Moroccan inspired tile backsplash. An intimate eat-in area provides the perfect backdrop for memorable dining experiences with family and friends.

Retreat to the serene owner's suite boasting a meticulously crafted accent wall, ensuite bathroom featuring dual vanities, and a walk-in showstopping shower with elegant hexagon detailing and two showerheads, making it a true spa-like experience. Two additional bedrooms, a full bath, and a well-appointed laundry room with storage and folding area makes this cozy home effortlessly functional.

The allure doesn't end there! Whether you prefer lounging on the side patio, relaxing on the back deck beneath the pergola, or gathering around the fire pit under the stars, this enchanting cottage promises endless opportunities for outdoor enjoyment and cherished memories.

Say goodbye to the hassle of lawn care, as the HOA takes care of lawn maintenance, allowing you to fully enjoy the amenities, including a delightful clubhouse and refreshing pool - perfect for sunny summer days and entertaining loved ones. Whether you're hosting a gathering or seeking solace, this home has it all.

Don't miss your chance to make this dreamy retreat your own - schedule a showing today and experience the epitome of cottage living!

The manager has listed the unit size as 1369 square feet.
Unit Size
1,369Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$354
Property Type
House
Property Taxes
$224
HOA Dues
$2,340
Year Built
2019

Price History

Date / Event Date Event Price
Mar 29, 2024 No longer available -
No longer available
Mar 12, 2024 Relisted $485,000
Relisted
Feb 28, 2024 No longer available -
No longer available
Feb 17, 2024 Listed $485,000
Listed
Apr 29, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: A+
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,155
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COTTAGES ON MAY
  • Land Acres: 0.302
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE COTTAGES LOT 81R

Ownership

  • Current Owner : LEBLANC NAOMI
  • Previous Owner : MARTI TIMOTHY R
  • Previous Owner 2: MARTI MICHAELA J
  • Owner Before Previous Owner: MOORE HL PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Moore County Schools
  • School Tax School District: SP
  • Census Tract: 951001

Geography

  • Account Number: 97036924
  • Parcel: 20180490
  • Lot: 81R
  • Municipality: MCNEILL
  • Latitude: 35.179
  • Longitude: -79.3732

    Address

  • Full Address: 525 Petty St
  • Address - House Number: 525
  • Address - Street Name: Petty
  • Address - Suffix Type: St
  • State: NC
  • City Name: Southern Pines
  • Carrier Code: C010
  • 4-Digit Zip Code: 4219
  • Zip Code: 28387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,691
  • Tax Rate Code Area: SP

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 461,528
  • High Value: 550,602
  • Low Value: 372,453

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,920
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS, INC.
  • First Open Lien Mortgage Recording Date: Apr 28, 2023
  • First Open Lien Mortgage Loan Amount: $347,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $409,350
  • Market Land Value: $70,000
  • Market Improvement Value: $339,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,350
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $339,350

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11905865883
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5445
  • Previous Sale Recording Date: Jul 02, 2019
  • Previous Sale Contract Date: Jun 24, 2019
  • Previous Sale Amount: $314,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS, INC.
  • First Mortgage Transaction Date: Apr 28, 2023
  • First Mortgage Loan Amount: $347,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL BANK OF KANSAS CITY
  • Previous Mortgage Transaction Date: Jul 02, 2019
  • Previous Mortgage Loan Amount: $294,009
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,614 ft²
$328/ft²
$529,000 Feb 23, 2024
-
$2,604/mo
House
3 Beds
2.5 Baths
1,729 ft²
$327/ft²
$565,000 Feb 14, 2024
-
$2,340/mo
House
3 Beds
3 Baths
1,670 ft²
$305/ft²
$510,000 Oct 13, 2023
-
-

About Edgemore Heights


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Frequently Asked Questions

When was property at 525 Petty Street built and last sold?
The property at 525 Petty Street was built in 2019 and last sold on Apr 5, 2023 for $435,000.
How much is this home worth?
The estimated value of the home located at 525 Petty Street is $480,633.
What are some comparable homes to 525 Petty Street?
Homes that are comparable to 525 Petty Street include a house property at 249 Springwood Way, 260 Springwood Way, 261 Springwood Way.

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