This property is $779.4K more than the Median Sold Price and $112/SqFt more than other homes in Pinehurst, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100441306
Listing Office:
Office Name: Pines Sotheby's International Realty
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/12/2024, 7:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,483
Per Month
Principal & Interest
$6,416
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,920
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
West Pine Elementary School
272 Archie Rd
Distance between this listing and this school3.41 miles
Public District Grades KG-5
Middle School
4
/10
West Pine Middle School
144 Archie Rd
Distance between this listing and this school3.34 miles
Public District Grades 6-8
High School
7
/10
Pinecrest High School
250 Voit Gilmore Rd
Distance between this listing and this school2.90 miles
Public District Grades 9-12
Assigned Schools
5
/10
West Pine Elementary School
272 Archie Rd
Distance between this listing and this school3.41 miles
Public District Grades KG-5
Nearby Schools
7
/10
Pinehurst Elementary School
100 Dundee Rd
Distance between this listing and this school1.35 miles
Public District Grades KG-5
3
/10
Aberdeen Elementary School
503 N Sandhills Blvd
Distance between this listing and this school4.97 miles
Public District Grades 3-5
Assigned Schools
4
/10
West Pine Middle School
144 Archie Rd
Distance between this listing and this school3.34 miles
Public District Grades 6-8
Nearby Schools
4
/10
Southern Middle School
717 Johnson St
Distance between this listing and this school4.25 miles
Public District Grades 6-8
7
/10
Stars Charter
140 Southern Dunes Dr
Distance between this listing and this school8.82 miles
Public Charter Grades KG-8
Assigned Schools
7
/10
Pinecrest High School
250 Voit Gilmore Rd
Distance between this listing and this school2.90 miles
Public District Grades 9-12
Nearby Schools
6
/10
Union Pines High School
1981 Union Church Rd
Distance between this listing and this school11.62 miles
Public District Grades 9-12
5
/10
North Moore High School
1504 North Moore Rd
Distance between this listing and this school19.35 miles
The neighbors living near this home have an average income of $74,632. Typical income of Pinehurst, NC residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 505 Nelson Way
What is the listing price of this property?
The listing price of 505 Nelson Way property is $1,285,362.
What type of property is this?
The property 505 Nelson Way is a house located in Pinehurst, North Carolina, 28374.
Is this property for sale now?
Accepting Backup Offers: 505 Nelson Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 505 Nelson Way are: West Pine Elementary School: GreatSchools Rating 5/10West Pine Middle School: GreatSchools Rating 4/10Pinecrest High School: GreatSchools Rating 7/10
How many bedrooms and bathrooms does this property have?
The property at 505 Nelson Way has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 505 Nelson Way is 3,728 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 505 Nelson Way is 2024.
This home is located at 505 Nelson Way in Pinehurst, NC and zip code 28374. This 3,728 square foot home, which was built in 2024, sits on a 0.59 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $1,285,362.
Pinehurst, NC housing market in April 2024 saw over 14 listings sold above listed price, more than 15 sold at listed price and over 33 sold below. The inventory of homes for sale in Pinehurst, NC between March 2024 and April 2024 increased by 8.9%. The median list price of listings available in April 2024 was $505,900, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.