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Sold for $390,000
  • $390,000

    70 Sugar Gum Lane Unit 5, Pinehurst, NC 28374

    2beds
    777sqft
    Condominium
    Built in 1977
    -- sqft lot
    $332,100 Zestimate®
    $502/sqft
    $1,931 Estimated rent

    Home value

    $332,100

    $302,000 - $365,000

    $1,931/mo

    Zestimate® history
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    What's special

    Whenever someone mentions the little treehouses by the lake in Pinehurst, they're usually met with a smile and remark of, ''Oh, those are so cute.'' The treehouses are quickly becoming part of Pinehurst's history, as you will see them dotted on the north side of the lake and sprinkled along Pinehurst's world-renowned golf course. Unit 5 in the Brae Burn community is sandwiched between both and has an excellent view of the lake and of the 16th hole of Pinehurst No. 3. The semi-wrap around deck is perfect for taking in both views, but it can also easily be done from the comfort inside with panoramic floor-to-ceiling windows. At just under 800 sq ft, it has an eat-in kitchen, living room, two bedrooms, and two full bathrooms. Don't let the size fool you, though. The vaulted, exposed-beam ceiling make the rooms feel much more expansive and open. In the ''trunk'' of the treehouse you'll find the laundry and storage. The homeowner's association takes care of the exterior of the unit and all the beautiful landscaping, for true maintenance free living. The Village is just a short golf cart ride away and downtown Southern Pines is just a quick jot down the road. Don't miss your opportunity to own a unique piece of Pinehurst history.

    Zillow last checked:

    Listing updated:

    Listed by:

    SCG Real Estate Solutions 910-920-8925,

    Coldwell Banker Advantage-Southern Pines,

    Greg Riley,

    Coldwell Banker Advantage-Southern Pines

    Bought with:

    Gloria Sectish, 268171

    Sandhills Luxury Homes LLC

    Source: Hive MLS,MLS#: 100428112MLS LogoOriginating MLS: Mid Carolina Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Central Air, Heat Pump
    Features
    • Vaulted Ceiling(s), High Ceilings, Ceiling Fan(s)
    • Flooring: Bamboo
    • Attic: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 777
    • Total interior livable area: 777 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: None
    • Has view: Yes
    • View description: Golf Course, Lake, Water
    • Has water view: Yes
    • Water view: Lake,Water
    Details
    • Parcel number: 00015290115
    • Zoning: R-MF
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Wood Siding
    • Foundation: Raised
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Brae Burn
    HOA
    • Has HOA: Yes
    • Amenities included: Waterfront Community, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Maintenance Structure, Management, Master Insure, Sewer, Termite Bond, Cable TV
    • HOA fee: $3,420 annually
    • HOA name: Brae Burn HOA
    • HOA phone: 910-585-6455
    Location
    • Region: Pinehurst

    Financial & listing details

    • Price per square foot: $502/sqft
    • Tax assessed value: $204,520
    • Annual tax amount: $1,222
    • Date on market: 3/22/2024
    • Cumulative days on market: 98 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

    Price history

    DateEventPrice
    7/31/2024Sold$390,000-2.3%$502/sqft
    Source: Hive MLS #100428112 Report a problem
    6/25/2024Pending sale$399,000$514/sqft
    Source: Coldwell Banker Advantage #100428112 Report a problem
    6/25/2024Contingent$399,000$514/sqft
    Source: Hive MLS #100428112 Report a problem
    6/6/2024Price change$399,000-6.1%$514/sqft
    Source: Hive MLS #100428112 Report a problem
    5/14/2024Price change$424,900-1.2%$547/sqft
    Source: Hive MLS #100428112 Report a problem
    3/22/2024Listed for sale$429,900$553/sqft
    Source: Hive MLS #100428112 Report a problem
    2/21/2024Pending sale$429,900+11.7%$553/sqft
    Source: Hive MLS #100428112 Report a problem
    7/28/2023Listing removed--
    Source: Hive MLS #100390602 Report a problem
    6/30/2023Listed for sale$385,000-3.5%$495/sqft
    Source: Hive MLS #100390602 Report a problem
    4/1/2023Listing removed--
    Source: Hive MLS #100369132 Report a problem
    2/24/2023Listed for sale$399,000$514/sqft
    Source: Hive MLS #100369132 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,171 -4.2%$204,520
    2023$1,222 +11%$204,520 +30.5%
    2022$1,101 -3.5%$156,770 +18.9%
    2021$1,141 +1.8%$131,860
    2020$1,121 $131,860
    2019$1,121 $131,860 +3.2%
    2018-- $127,720
    2017$1,009 $127,720
    2015$1,009 +1.9%$127,720 +26.9%
    2014$990 +28.5%$100,670
    2013$770 $100,670
    2012-- $100,670
    Find assessor info on the county website

    Neighborhood: 28374

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pinehurst Elementary
    • Middle: West Pine Middle
    • High: Pinecrest High

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $332,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $332,100