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535 Fairway Drive

535 Fairway Drive, Southern Pines, NC 28387
Property in Moore
Sold Dec 22, 2021
$502,000
$476,900 by First Bank
Mortgage Due Jan 01, 2052
Sold Mar 29, 2016
$378,000
$358,625 by Mortgage Research Center Llc
Mortgage Due Apr 01, 2046
535 Fairway Drive in Southern Pines, NC was first built in 1928 and is 96 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 535 Fairway Drive has 3,224 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,178 square feet.

Learn more about the property and building on this page. The roof of the home is made of slate. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 535 Fairway Drive sold most recently in Dec 2, 2021 for a total of $502,000. If you work out the math, that's approximately a cost of $155.71 per sqft. Before that, the property was also sold for $378,000 in Mar 16, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,307 in taxes each year. 535 Fairway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $503,020. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $378,020. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1970
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,178
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,224
  • Building Area: 3,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,224
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KNOLLWOOD HEIGHTS
  • Land Acres: 0.578
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KNOLLWOOD LOT 505

Ownership

  • Current Owner : SALMON NEIL ANDREW
  • Current Owner 2: SALMON JACQUELINE ANNE
  • Previous Owner : MAYBOUER MATTHEW ROSS
  • Previous Owner 2: MAYBOUER SARA ELIZABETH
  • Owner Before Previous Owner: BROUGHTON HOWARD C
  • Owner Before Previous Owner 2: BROUGHTON PENELOPE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Moore County Schools
  • School Tax School District: SP
  • School Tax District Code 2: I
  • Census Tract: 950802

Zoning

  • Zoning: RS3

Geography

  • Account Number: 97053099
  • District: 7
  • Parcel: 00031766
  • Lot: 505
  • Municipality: MC NIEL IN
  • Latitude: 35.2039
  • Longitude: -79.3911

    Address

  • Full Address: 535 Fairway Dr
  • Address - House Number: 535
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Southern Pines
  • Carrier Code: C002
  • 4-Digit Zip Code: 2717
  • Zip Code: 28387

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,307
  • Tax Rate Code Area: SP

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 72
  • Final Value: 602,565
  • High Value: 726,918
  • Low Value: 478,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,900
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $476,900
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $503,020
  • Market Land Value: $125,000
  • Market Improvement Value: $378,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503,020
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $378,020

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875473721
  • Current Sale Price: $502,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021027590
  • Previous Sale Recording Date: Mar 29, 2016
  • Previous Sale Contract Date: Mar 16, 2016
  • Previous Sale Amount: $378,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $476,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Mar 29, 2016
  • Previous Mortgage Loan Amount: $358,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Southern Pines



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Frequently Asked Questions

What neighborhood is 535 Fairway Drive located in?
The 535 Fairway Drive is a located in the neighborhood of Moore in Southern Pines, Southern Pines.
What is the average sales price for listings in 535 Fairway Drive?
The average sales price for units in 535 Fairway Drive is $0 currently.

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