2 months on rocket

55 Palmetto Rd, Pinehurst, NC, 28374

$2,495,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
3,393 SqFt
$735/SqFt
House

Location

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55 Palmetto Rd, Pinehurst$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Paved
Attached Garage2 spaces
Year Built1970
HeatingHeat Pump
CoolingHeat Pump
Fireplace2
MLS #100464767
Lot Size0.66 Acres
StatusActive

About 55 Palmetto Rd

FULL VIEW OF PINEHURST NO 2, the famed Donald Ross master piece and site of the 2024 U.S. Open. Situated across the street from the first Green of the No 2 Course with full views of multiple fairways on this Historic course. Easy walk on the golf cart trail to the 1st tee of No 2 and Pinehurst Country Club Main Club house. Located two tenths of a mile from the quaint Village of Pinehurst with shops, pubs, restaurants, weekly farmer's market and year round events on the Green. Walk everywhere or take your golf cart! Home is situated on large lot with storybook Gazebo. Outdoor private patio, special collection of David Austin English roses, plus irrigated raised beds for the avid gardener. Inside home is totally updated with handsome fireplace in living room, formal dining room and kitchen open to bright family room with glass wall. Original Master bedroom on first floor with second Master bedroom on second level with radiant heated floors. Three additional bedrooms upstairs as well. Spacious climate controlled garage with built in refrigerator and freezer (36'' each), and cabinetry completed in 2021. See agent remarks regarding fence.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 2
  • Living Area: 3,393 SqFt

Listing Office:

  • Office Name: Lin Hutaff's Pinehurst Realty Group

Interior Features

Interior Information:

  • Interior: Bookcases, Solid Surface, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Foyer, Ceiling Fan(s)
  • Fireplace: 2

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Pinecrest High School, Public District Grades 9-12
  • West Pine Middle School, Public District Grades 6-8
  • Pinehurst Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Pinehurst Traffic Circle exit on Midland Rd W (PINEHURST). Stay on Midland Rd turns into Palmetto Rd. 55 Palmetto Rd is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $735/SqFt

Tax Information:

  • Annual Amount: $6,654
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pinehurst, NC.

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Pinehurst, NC

City

Med. Sold Price

$520.8K

Med. Price/SqFt

$235

Avg. Days On Market

42

# of Sold Homes

45

55 Palmetto Rd vs Pinehurst

61 DAYS ON ROCKET

+19 Days

$2,495,000

+$1.9M More

$735/SqFt

+$500 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $500/SqFt more than other homes in Pinehurst, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100464767

Listing Office:

  • Office Name: Lin Hutaff's Pinehurst Realty Group

IDX 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: 11/5/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,654$769,190
2020$6,454$769,190
2018$6,538$635,210
2017$5,018$635,210

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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

school-card-donut-18121
8
/10

  • Pinehurst Elementary School

  • 100 Dundee Rd

  • 0.50 miles

  • Public District Grades KG-5

Middle School

school-card-donut-18122
5
/10

  • West Pine Middle School

  • 144 Archie Rd

  • 4.21 miles

  • Public District Grades 6-8

High School

school-card-donut-18123
6
/10

  • Pinecrest High School

  • 250 Voit Gilmore Rd

  • 1.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,112. Most Pinehurst, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Palmetto Rd

What is the listing price of this property?

The listing price of 55 Palmetto Rd property is $2,495,000.

What type of property is this?

The property 55 Palmetto Rd is a house located in Pinehurst, North Carolina, 28374.

Is this property for sale now?

Active Listing: 55 Palmetto Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 55 Palmetto Rd are:
Pinehurst Elementary School: GreatSchools Rating 8/10
West Pine Middle School: GreatSchools Rating 5/10
Pinecrest High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,654 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 55 Palmetto Rd has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 55 Palmetto Rd is 3,393 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Palmetto Rd is 1970.

Rocket Homes›North Carolina›Moore County›Pinehurst›28374›55 Palmetto Rd

This home is located at 55 Palmetto Rd in Pinehurst, NC and zip code 28374. This 3,393 square foot home, which was built in 1970, sits on a 0.66 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $2,495,000.

Over 15 listings were sold over their listed price in October 2024 in Pinehurst, NC. In the same period over 22 listings were sold below the listed price and 8 listings were sold for the listed price. The number of homes for sale in Pinehurst, NC decreased by 3.9% between September 2024 and October 2024. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $520,800.

From Rocket Homes Real Estate and based on county public records data.

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