Sandhills Real Estate January 21, 2011

Page 1

$2,300,000 $995,000! Mystic Cottage

105 Magnolia Road, Pinehurst

The “Mystic Cottage” at 105 Magnolia Rd, Pinehurst was built in 1895 by the architect who designed The Carolina. This ornate residence served as the 1st home of the Leonard Tufts family. Zoned commercial & the only retail in the Village that owns its parking. 6000 SF + 2,400 SF of covered porches w/ a multitude of uses incl. residential on the 2nd & 3rd floors. Elevator serves 3 floors. Perhaps convert back to a residence with Carriage House as a guest cottage? Once $2.3 million, reduced to $995,000. Broker/Owner. Call Tammy Lyne 910-603-5300 at Keller Williams Realty for this once in a lifetime opportunity to own a piece of Pinehurst history! www.TammyLyne.com

Open House This Weekend! SATURDAY & SUNDAY 12 to 4

Front Porches. Winding Sidewalks. Community Gathering Places. Pool. Clubhouse. Maintenance Free Cottage Homes. 175 Wiregrass Lane

SAT. 12 to 5 • 185 N. Brackenfern Lane

$149,950! SEVEN LAKES NORTH, Terrific 3BR2BA w/Carolina Room, New 30 Year Roof, New Heat Pump, New Windows ,Circular Drive & an extra big Lot! MLS# 140210

$179,500, Seven Lakes! 3BR 2.5 BA, 2200 square feet w/huge lower-level Family Rm on a big corner Lot w/LAKEVIEWS! Updated windows, flooring, HVAC & more! MLS# 140825

$254,900 WHISPERING PINES! 3BR-2.5BA, 2494sf, All Brick Tudor w/Bonus Rm, all formals AND Separate Family Room! Lake Access! Easy Commute to Ft.Bragg! MLS# 141179

me odel Ho

ed M

Furnish

$399,000

from Midland Rd, turn at www.TheArboretumSP.com the Longleaf light on 910.725.1319 S. Knoll Rd. 1/4 mile on left

Pinnock Real Estate & Relocation Services, Inc.

Lucretia Pinnock $268,000 CAROLINA LAKES! 3BR-2.5BA w/ Golf View! BONUS ROOM, Study, Formal DR & 2-car garage. Gated Community w/Golf Course, Lake, Pool & Tennis. MLS# 141076

$375,000 LAKEFRONT @ Woodlake CC! 3BR-2BA, High ceilings & open floorplan w/superb views. Incl. Golf Membership, Private Dock & Pontoon Boat! MLS# 134461

$479,500 LAKEFRONT @ Woodlake CC! Very Upscale 3BR-2.5BA w/split floor plan w/220’ of shoreline! High end finishes & elegant design. Don’t miss this one! MLS# 138264

(910) 295-1600 Visit www.SellersHomes.com

. . . Yo u r M o v e . . .

7 LAKES NORTH

Commissions are negotiable and not set by law.

Business 910-692-6767 Cell 910-315-9577

Charming Home - Great Location! 3 Bedrooms, 2 Baths Upgrades such as Granite Counters, and beautifully decorated! Open floor plan, Screened Porch! $224,000. MLS# 140744

offered by Brenner Real Estate 910.295.9040 866.295.9040

New Brick Construction with over 3000 Sq. Ft. Executive home with dynamic floor plan. Formal and Informal areas, Granite, Hardwood Floors & More! 4 bedrooms 3.5 Baths. $399,000 MLS# 140568

115 E. Pennsylvania Avenue, Southern Pines, NC

www.PinehurstHomeSearcher.com

will be easier with a Prudential Real Estate Sales Professional.

w w w. p r u d e n t i a l p r o p e r t i e s . c o m

JUNIPER CREEK

LAKEVIEW CONDOS

Log on to www.prudentialproperties.com Enter the PRU ID for our Easy Search or Snap & Search with our FREE APP on your Smart Phone

Search PRU ID #S

Golf Front Condo! 139919 Fully Furnished! 3BR/ 136793 Pre-Inspected & Move-in 140534 Get the free mobile app at 2BA. Move-in Ready! $149,000 Ready! Water Front! 3BR/3.5BA. 2BR/2BA. $175,900 PRU6E7K5 http://gettag.mobi PRU5H8V3 $269,900 PRU2G6D4 Michael Harrell Bill Brock Linda Criswell ©2010, An independently owned and operated member of Prudential Real Estate Affiliates, Inc. 910.295.5504 910.639.1148 910.783.7374 910.673.1063 910.528.4386 Prudential is a registered service mark of The Prudential Insurance Company of America. Equal Housing Opportunity.

CHECK PAGE 3 FOR Prudential Gouger O’Neal & Saunders Open Houses New Listings Price Reductions


PAGE D2

PROPERTY TRANSACTIONS

THE PILOT — SOUTHERN PINES, N.C.

OPEN HOUSE IN PINEHURST • Sunday, January 23rd • 1-4 P.M.

8 RALEIGH DRIVE Convenient yet Private. 3 BR/2BA w/Avail. Memberships to Pinehurst & #7. Turn Key Perfection in this Immaculate Brick Residence. Hardwood, Fireplace, Granite. This home offers Casual Comfort in Paradise. Adjoining Lot Also Avail. Custom Water Feature off Deck. Come Enjoy some Refreshments Sunday 1-4. Rt. 5 to Morganton - Lt. on Monticello-Lt. on Raleigh $267,000. Call Debbie 910-783-5193

Call Debbie Darby, Broker/REALTOR Direct: 910.783.5193

©2011, An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

Prudential is a registered service mark of The Prudential Insurance Company of America. Equal Housing Opportunity.

OPEN HOUSE SATURDAY AND SUNDAY 1:00 to 4:00 PINEHURST MANOR UNIT 8B

101 E. RHODE ISLAND UNIT S-END UNIT

Quiet Setting Unit backs up to National Golf Club Upgrades Throughout Unit

DOWNTOWN SOUTHERN PINES Immaculate, Newer Construction Upgrades Throughout• 2 Bed/2 Bath

The Moore County Register of Deeds Office in Carthage has recorded the following property transfers valued at $50,000 or more.

January 12-14, 2011 Lakeside Development Company LLC and Lakeside Development Co. LLC to Benjamin J. and Anna D. Grusin, Lot 23 Sandy Springs, $212,000. Deborah Saltmarsh and Bob Schramm to Kasie R. Miller, Lots 1416 BL 1 S1 Pine View Manor Estates, Mineral Springs Township, $210,000. John F. and Deborah L. Burton to Jane F. Vallone, Lot 298 P2 Fairwoods on Seven, Mineral Springs Township, $1,100,000. Sage Built LLC to Dallas Texas LLC, Lot 66 Villas at Forest Hills, Mineral Springs, Township, $410,000.

$135,000

$148,000

FRIDAY, JANUARY 21, 2011

30 Chinquapin Rd. Village of Pinehurst 910-295-9040 BrennerRE.com

Matthew Bialer Et al. to Mark and Rachel Steele, Lot 251 Sequoia West, Seven Lakes, Mineral Springs Township, $165,000. James and Patricia Peterson to Kruno and Barbara A. Huitzingh, Lot 403 U10 P2 Pinehurst, Mineral Springs Township, $640,000. Eugene C. and Shirley L. Blankenship to James and Patricia Peterson, Lot 29 U11 P2 Pinehurst, Mineral Spring Township, $234,000. Dorris F. Williams to Warren M. III and Sydney H. Dewolf, Lot 938 Carriage Park Seven Lakes, Mineral Springs Township, $161,000. Full Moon Investments of NC LLC to James A. and Mauricia Dick, 2.60 acres, Deep River Township, $117,000. Fields Development Company LLC to John W. and Stephanie P. Melton, Lot 31 P2 The Fields, Greenwood Township, $101,000.

TAMMY LYNE,

Christiane T. Rowley to R. Carter Grine, 29.98 acres, $270,000. Timothy J. and Julie A. Murphy to Richard A. Stewart II, Lot 1 U9 P1 Pinehurst, Mineral Springs Township, $246,500. HSBC Bank USA National Association Et al. to Samuel D. and Cynthia W. Robinson, 17.25 acres, Greenwood Township, $290,000. Peter J. Straub Et al. to Glenn T. and Josephine Bernhard, Lot 25A Whispering Pines, McNeill Township, $365,000. Luann W. Thomas Et al. to CBOCS Inc., 1.621 acres, Sandhills Township, $1,250,000. State Employees Credit Union to CBOCS Inc., 0.479 acres, $400,000. Branch Banking and Trust Company to Adam P. Kiker and Timothy A. Carpenter, Lots 33 & 40 P3 Morganwood Seven Lakes West, $130,000.

Realtor

910-603-5300

Yes,

WE’RE LENDING From conventional loans to FHA and VA loans, to NC Housing First Home Mortgages and 100% Financing options, First Bank has offered loan options, competitive rates and local expertise to help meet your financing needs.

"Choose a Realtor who is also an experienced State-Certified Appraiser" To see MY LISTINGS and ALL area MULTIPLE LISTINGS go to

GINNY WEBB MORTGAGE LOAN SPECIALIST Southern Pines 205 SE Broad Street 910-692-6222

www.FirstBancorp.com | 866-792-4357

Equal Housing Lender

Member FDIC

OPE N HO U SE •S AT U RD AY, J AN U ARY 2 2 , 2 0 1 1 • 1 -4 P M

2 Gilmore Rd., Pinehurst

(from Hwy 211, Gun Club Rd, left on Longleaf W, 2nd right on Winchester, Gilmore on right)

Updated & well maintained one-level all brick home w/ 3bd/2ba, single garage.

$165,000 w/ 1-yr Home Warranty

Kim Stout

Hosting Agent - Shelley Reil 910-400-5095 shelley.reil@gmail.com Keller Williams Realty/Pinehurst Market Center Listing Agent - Kimberly Stout 910-528-2008 kimberlystout@kw.com

NEW ON MARKET

NEW ON MARKET

Pinebluff $399,000 Beautiful 2 Story On 15 Acres 3 BR / 3.5 BA Code 741

www.400WhippoorwillLane.com

www.TammyLyne.com

Shelley Reil

NEW ON MARKET

Seven Lakes West $460,000 Pinehurst $125,900 Pinehurst $238,000 $349,900 Pinehurst Great Floor Plan- Beautiful Water Front Gourmet Kitchen – Gorgeous Landscaping Perfect Water View Weekend Getaway Great Location – Generous Sized Rooms 3 BR / 2 BA Code 742 4 BR / 2.5 BA Code 728 3 BR / 3 BA Code 730 Code 743 1 BR / 1.5 BA

www.122McCrackenDrive.com

www.44DeerwoodLane.com

Southern Pines $198,000 Pinehurst $146,500 Pinehurst $228,000 Elegant Brick Ranch – Inviting Features Cute & Affordable – Private Backyard Perfect Family Home w/ Split Plan 3 BR / 2 BA Code 731 3 BR / 2 BA Code 732 4 BR / 3 BA Code 733

www.195MidlandRoad.com

www.640LongleafDrive.com

www.9WhiteCourt.com

www.140SugarGumLane.com

Pinehurst $489,000 Seven Lakes North $435,000 Split Plan – Lots of Living Space Spectacular and Spacious Water Front Home 4 BR / 3.5 BA Code 734 3 BR / 3 BA Code 735

www.135WildTurkeyRun.com

Aberdeen $298,000 Whispering Pines $229,000 Pinehurst $229,900 Foxfire $226,000 Wonderful Upgrades – Gourmet Kitchen Excellent Condition – Split Bedroom Plan All brick - Private backyard Wonderful Yard – Great Split Floor Plan 4 BR / 3.5 BA Code 736 3 BR / 2 BA Code 737 3 BR / 2 BA Code 738 3 BR / 2 BA Code 739

www.802RobinwoodRoad.com

www.11VictoriaDrive.com

Seven Lakes West $269,900 Pinehurst $155,000 Open & Spacious Golf Front Home Furnished Golf Front Condo 3 BR / 2.5 BA Code 313 3 BR / 2 BA Code 324

www.112ForestSquareCircle.com

www.202GolfTerrace.com

www.365PineVistaDrive.com

Seven Lakes South $249,900 Great Floor Plan – Corner Lot 3 BR / 2 BA Code 369

www.135DevonshireAve.com

Pinehurst $259,900 Seven Lakes North $339,500 $165,000 Seven Lakes West Warm & Inviting with Gracious Style Spectacular Golf Front w/ Pond View Great Family Home – Quiet Street 3 BR / 2 BA Code 526 3 BR / 2 BA Code 559 Code 533 4 BR / 3.5 BA

www.142SakonnetTrail.com

www.105BanbridgeDrive.com

www.1425MonticelloDrive.com

www.2DickinsonCourt.com

Pinehurst Gorgeous & Elegant Home 4 BR / 3.5 BA

www.110RunningBrookLane.com

Aberdeen $228,000 Cul-de-sac Location in Popular Glen Laurel 3 BR / 2.5 BA Code 740

$549,000 Seven Lakes West $529,000 Water Front w/ Bright & Airy Floor Plan Code 486 4 BR / 3 BA Code 493

www.100MagnoliaAvenue.com

www.103VanoreRoad.com

Pinehurst $155,000 Mid South Club $765,000 Charming Water Front Condo Gorgeous Golf Front /Water Views 2 BR / 2 BA Code 592 4 BR / 3.5 BA Code 599

www.115LakeviewCondo.com

View Floor Plans and Virtual Tours of Our Listings and See ALL Moore County Listings and Community Information at www.122SeminoleCourt.com

www.1135MagnoliaDrive.com

www.MarthaGentry.com

www.22MastersRidge.com

Military?! Check out our Military Advantage Program at www.MarthaGentry.com


Professionally Speaking

FRIDAY, JANUARY 21, 2011

THE PILOT — SOUTHERN PINES, N.C.

PAGE D3

When you need to know... talk to Mickey DeBernard

Dear Community,

www.NewHeritageRealty.com

Pinehurst-Southern Pines Area Association of REALTORS

E-mail: Mickey@NewHeritageRealty.com

®

For those of you reading this above last year. you will note that we are including Financial considerations helping important data from the sales of Moore County is the FHA maximum Single Family homes in Moore loan is still $271,050, FHA requires County. We intend to keep this 3.5% down payment with rates data updated, so check on this arunder 5%. If you have the credit it ticle every week. doesn’t take a lot of cash to buy a As you can see from the home. trends, closed sales by month VA and Conventional loans are you might consider some months quoting 5% interest rates. Please better for buying a home. For contact a REALTOR® for more inforthose selling you will want to have your mation about financing or data pertaining to home listed at least 90 days prior to the your home. Rates are subject to change large numbers of closings. We normally ex- and may be based on your personal credit pect a contract to closing average to be history. around 45 or more days. Those purchases I think you can agree that our market is are being decided days prior to the closholdingArea up far better than most areasPM of the OPEN 90 HOUSE Lake Pinehurst - Sunday 1-4 ing. country. The average price of homes sold is declining but not by much, it is apparent that the lower priced homes are keeping the volume

Affiliated Builders • McArnold Construction Inc. • Wonderful Life Construction Inc.

1901 N. Poplar Street • Aberdeen NC

OPEN HOUSE Newbury Ridge - Sunday 1-4 PM

Jim Murray

Single Family residential Average sales price, units closed and average days on market in Moore County only. Stats provide by the Pinehurst-Southern Pines Area Multiple Listing Service. Roy Harvel – President.

Year

Average Closed Price

Total Sold

Days on Market

2009

$258560

782

156

2010

$252,021

2008

856

$276,853

172

828

Moore County, Single Family, residential only, number of closings by month:

142

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Oct

Nov

Dec

2009

20

41

42

56

45

79

76

59

67

67

74

67

2010 2008

45

61

51 55

72

69

94

78

72

112

90

94

77

112

70 92

77 99

2011 Board of Directors:

Jim Murray - President Steve Ennis - Director Christine Menear - Director Barbara Klug - MLS Director Arvilla Sheron - President Elect Peggy Floyd - Director Laurie Davis - Director Bobby Brooks - MLS Director Lynne Williams - Secretary/Treasurer

54

67

70

47

65 59

Dave Craft - Director Elizabeth Childers - Past President Denise Roberts - MLS Director Lari Dirkmaat - Director Greg Regan - Director Roy Harvel - MLS President Dawn Crawley - MLS Director Peyton Gentry - MLS President Elect Kim Stout - MLS Secretary/Treasurer

Pinehurst - Southern Pines Area Association of REALTORS®, INC. The Voice for Real Estate in the Sandhills www.pinehurstncrealtors.com

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Published every Friday by The Pilot in partnership with the Pinehurst-Southern Pines Area Association of REALTORS, with a circulation of 19,000. Deadline for the Sandhills Real Estate Guide is 5:00 pm on Tuesday.

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Your Move...

will be easier with a Prudential Real Estate Sales Professional.

w w w. p r u d e n t i a l p r o p e r t i e s . c o m

OPEN HOUSE SATURDAY & SUNDAY JAN. 22 & 23• 2:00 - 4:00PM

141741 425 DOGWOOD LANE, SO. PINES, DIR.: From May St; Right Illinois Ave.; Right S. Ridge; Left Dogwood Lane. 4BR/4BA. $389,000 Mav Hankey 910.603.3589 910.692.2635

OPEN HOUSE SUNDAY, JANUARY 23RD 1:00 - 4:00 P.M.

140354 237 KNOLL ROAD, SO. PINES, DIR.: Enter Longleaf on Knoll Road; Turn into Lakeside Villas to #237. 3BR/3BA. Golf & Water Views! $179,000 PRU3B3K6 Pat Koubek 910.215.2869 910.692.2635

OPEN HOUSE SUNDAY, JANUARY 23RD 1:00 - 4:00 P.M.

140390 8 RALEIGH DRIVE, PINEHURST, DIR.: From Rt. 5, take Morganton Rd; Left on Monticello; Left Raleigh Dr. 3BR/2BA. $267,000 Refreshments will be served. PRU3A5N7 Deborah Darby 910.783.5193 910.692.2635

Log on to www.prudentialproperties.com Enter the PRU ID for our Easy Search or Snap & Search with our FREE APP on Get the free mobile app at http://gettag.mobi your Smart Phone

BEST PINEHURST BUY

PINEWILD CC

141651 Formal Areas, Carolina Rm, 3BR/2.5BA. $234,900 PRU4M5M8 Kay Beran 910.315.3322 910.692.2635

141007 Brick, 3BR/2.5BA home w/cherry Cabinets, Granite. PRU3X5N4

CARTHAGE

141066 Two Acres of Land. 3BR/2.5BA. $299,000 PRU7C2L6 Bonnie Baker 910.690.4705 910.692.2635

NEW LISTING

CCNC

COMMERCIAL OPPORTUNITY

141599 Pinebluff: 2100SF, 3BR/3BA. $168,000 PRU8S5G7

135573 CCNC: Vaulted Ceiling, 4BR/3BA. $450,000 PRU2G4J2 Joel Rich 910.315.4009 910.295.5504

138518 Over 16,000SF, Office, Loading Dock, Great Parking. Owner to finance. $550,000 Arvilla Sheron 910.639.5133 910.295.5504

LAWN & TENNIS

MAJOR PRICE REDUCTION

138598 Immaculate! 2,600SF, 5BR/ 3.5BA. Granite. $299,900 PRU5S5W6 Krista Duncan 910.690.7009 910.295.5504

140539 Newer Appliances. 3BR/2BA, Carolina Rm. $194,500 PRU3X3P4 Marie O'Brien 910.295.2660 910.295.5504

138433 CCNC: Brick ranch, 3090SF, 3BR/3.5BA. NOW $390,000! PRU8V9T8 Joel Rich 910.315.4009 910.295.5504

138795 Enlarged Rooms! 4BR/4BA, Carolina Rm & Office. PRU3V6A9 Eva Toney 910.638.0972 910.295.5504

129902 Move-in Ready! 3BR/2BA. $327,000 PRU3C5A5 Frank Sessoms 910.639.3099 910.295.5504

137087 Four Rental Homes for $199,900! Broker/Owner PRU5N7S9 Nettie Calfee 910.315.6225 910.692.2635

Bonnie Baker 910.690.4705 910.692.2635

141721 Longleaf Country Club. Golf Front. 3BR/3BA. $239,000 PRU2V8J6 Carol Haney 910.315.5013 910.692.2635

141637 Unit 8: One of a Kind! 4BR/3BA. $292,000 PRU4G8T8 Donna Chapman 910.783.6061 910.692.2635

PINEHURST LAKE VIEW

MIDDLETON PLACE

NATIONAL GOLF CLUB

©2010. An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

DONALD ROSS

139534 Brick, 3BR/2.5BA, Built-ins & Hrdwd. $474,900 PRU7Y2U2 Krista Duncan 910.690.7009 910.295.5504

PINEBLUFF

Arvilla Sheron 910.639.5133 910.295.5504

137849 Golf Front. 3BR/3BA, Bonus Rm, Carolina Rm. PRU3S9H2 Arvilla Sheron 910.639.5133 910.295.5504

138368 Gorgeous 3BR/3.5BA & Golf Front! PRU3G8X3 Marie O'Brien 10.295.2660 910.295.5504

138672 Golf Front. 4,800SF, 5BR/ 4.5BA, Media Room. PRU3P626 Arvilla Sheron 910.639.5133 910.295.5504

PINEHURST #6

138242 Water & Golf front, 4BR/4.5BA. $459,000 Www.57JuniperCreekBlvd.com PRU8Q8V9 Frank Sessoms 910.639.3099 910.295.5504

Prudential is a registered service mark of The Prudential Insurance Company of America. Equal Housing Opportunity.


PAGE D4

THE PILOT — SOUTHERN PINES, N.C.

MOORE COUNTY HOME BUILDERS ASSOCIATION

FRIDAY, JANUARY 21, 2011

Fireplace Options

One of the great things about having a fireplace today is that you have so many incredible options so you can enjoy a cozy, warm fireplace that fits your specific lifestyle and personal preference. Just imagine your family gathering around a warm fire for S'mores or to play a board game, a romantic evening in your

master suite or enjoying your outdoor living room during the colder weather. Here are some of the basic styles to choose from: The first style of fireplace is made of masonry. Typically, the firebox is made from a yellowish “fire brick” and has a brick chimney. These structures are incredibly large

and can weigh up to seven tons. The nice thing about this type of fireplace is that they look great, are highly durable and will increase the value of your home. Keep in mind that while fireplaces are wonderful for setting a mood in a room, they are relatively ineffective for heating your home, which is why you should consider alternative fireplace options, like prefabricated. Prefabricated fireplaces are made of metal and designed to work safely and efficiently. Because they are highly insulated they can be installed within an inch of your wall framing, which makes them very versatile for design purposes. The great thing about using a prefabricated fireplace in new home construction is they are lightweight, easy to install, energy-effi-

By John Pandich Moore County Home Builders Association President

cient and very aesthetically pleasing. Some have imitation brick on the front, giving them the appearance of being a masonry fireplace while others have very clean lines, creating a contemporary look. Another benefit of this type of fireplace is that they are sold as gas burning units that can be placed in literally any room. You can enjoy the look of an authentic masonry fireplace but without the labor of the maintaining the flames by adding a direct vent gas insert. This allows you to convert your fireplace into a fully functional heater that can heat huge rooms for a minimal cost. The way this works is that outside air is used for combustion, meaning the room does not lose any air. Now add

the realistic ceramic logs and glowing embers and you have a cozy fire to enjoy. In its simplest form, a wood stove is just a metal (castironed, brick-lined or welded plate steel) container for a fire. A wood stove has an inlet for combustion air and an outlet for combustion gases - the smoke. Most models are airtight and allow the amount of combustion air that feeds the flame to be controlled, which allows it to burn more efficiently than a traditional open fireplace. In fact, wood stoves convert up to 90 percent of their fuel to heat. Another option is pellet-burning appliances, which are easier to operate and more convenient than most wood-burning appliances. In fact, they are

almost as easy to use as gas, oil or electric heaters. Pellet-burning appliances use sophisticated computers and circuit boards to determine how much pellet fuel (wood pellets that resemble rabbit food) should be burned. The majority of the models come with at least two burn settings, thermostats and a forced-air system to distribute heat. Pellet-burning appliances are highly efficient and pollute very little. Many models don't even need a chimney, just a small hole in the wall to the outdoors to let out the exhaust fumes. Because these appliances burn wood so efficiently, you don't need to refuel them as much as you do other wood-burning appliances. Refueling can vary from daily to weekly, depending on the model and your heating needs.

MCHBA Builders & Services Re

The Home of Home InspectionSM > Pre-sale and pre-listing home inspections > Comprehensive, customized reports done on site > More than 1,600 items inspected > Objective, unbiased results for informed decisions > Easy scheduling

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The Home of Home InspectionSM > Pre-sale and pre-listing home inspections > Comprehensive, customized reports done on site > More than 1,600 items inspected > Objective, unbiased results for informed decisions > Easy scheduling

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FRIDAY, JANUARY 21, 2011

L ET ’ S TA LK H O M E F I N A N C E

THE PILOT — SOUTHERN PINES, N.C. 212 TALL TREES DRIVE

1075 BURNING TREE ROAD

PAGE D5

Today’s Buyers Save Well Into The Future

By Victoria Spannaus Wells Fargo Home Mortgage

Eva Toney 910-638-0972

E-Mail: eva@pinehurst.net

www.RealEstateInPinehurst.com

WALK TO THE MARINA - Brick oneowner home with extra buildable lot with gazebo. 2300+ SF, 3 BRs (split plan), 2 Baths, Carolina Rm, eat-in kitchen with view of lake. Pinehurst CC Membership available. House & 1 lot - $259,000 House & 2 lots - $299,000

BEST LOCATION CONDO Convenient to everything! Well maintained - some updates in kitchen (new counter, sink, fresh paint 2005), 3 BRs, 2 Baths great price. $159,000

©2011, An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

Prudential is a registered service mark of The Prudential Insurance Company of America. Equal Housing Opportunity.

TWO FABULOUS HOMES AVAILABLE - HAS ALL THE “I WANTS”

330 McDEEDS CREEK RD. IN CARTHAGE FABULOUS ALL BRICK HOME situated on 11+ Acres of land amongst beautiful Horse Farms in McDeeds Creek. This home has 6BRs, 3.5BAs, Fenced Inground Swimming Pool, Wood Floors throughout, Large Kitchen with Granite Counters, Lots of Cabinets, 2-Car Garage w/lots of storage, Basement, Stocked Pond with Huge Bass! AMENITIES GALORE THROUGHOUT THIS HOME. OFFERED AT: $735,000

120 CARDINAL RD. IN SOUTHERN PINES ATTENTION TO DETAILS has not been missed in this 3BR/2.5BA home with Formal Living Rm, Dining Room, Study, Game/Media Room, Carolina Room, Heated Swimming Pool, Cedar Walk-in Closets, Security System, Well for Irrigation System, Wine Coolers and Loads More! FABULOUS HOME ON 1.2 ACRES! OFFERED AT: $595,000

P i n k y D o y l e , CRS, GREEN, GRI

RE/MAX of THE PINES 235 E. Pennsylvania Ave. Southern Pines, NC 28387

Broker/Owner Office: 910-695-3651 Mobile: 910-783-6573 www.pinkydoyle.com

Barbara Klug Cell 910.690.0262

Knollwood Village ~ Value priced downstairs 2 bedroom Condominium with beautiful garden overlooking golf course. Great location convenient to shopping, hospital, day to day activities. Quiet community with golf, pool, and much more!! Contact Barbara Klug 910-690-0262 for more information. Offered at $72,500. Box 1511 - 2209 Midland Road - Pinehurst, NC 28370 800.633.8576 - 910.295.5011 - Fax 910.295.6000 WWW.PINEHURSTAREAREALTY.COM

THE PINES

In today’s uncertain economy, many factors influence the decision to buy a home, including job status, financial resources, and family considerations. But one of the most compelling reasons to purchase now is the affordability factor which will benefit today’s buyers for many years to come. To put this in perspective, look at a family who purchased a medianpriced home five years ago with an FHA mortgage requiring a 3 percent downpayment. Their monthly mortgage payment would total about $1,650. If that same family bought a home at today’s lower interest rates

“I will provide an outstanding mortgage experience from application to closing”

and more affordable price tag, they would be paying about $1,150 per month — a savings of $500 every month or $6,000 a per year. That’s undoubtedly why a recent survey conducted by the National Association of Realtors® found that 80 percent of Americans believe buying a home is a good financial decision, despite ongoing challenges with the nation’s economic recovery. And it’s undoubtedly why 68 percent of renters

say that owning a home is a future priority. For a free consultation to discuss which type of mortgage loan will work best for you, call Victoria Spannaus at Wells Fargo Home Mortgage at (800) 741-7813 or 910-6926225. Reprinted with permission of The Printer, Inc.

R E A L T Y

DISCOVER FOR YOURSELF, THE PINES REALTY DIFFERENCE!

1 BR CONDO IN PINEHURST MANOR

MLS# 141726

NEW

NG STI

LI

$110,000

Attractive and spacious first floor 1 BR condo in the popular Pinehurst Manor community. Features a beautiful 17x6 tiled Carolina Room w/ lots of natural light, a large updated Kitchen, fireplace, patio and more!

3 BR CLASSIC RANCH IN PINEHURST

MLS# 141446

NEW

NG STI

LI

$197,900

3 BR, 2 BA brick ranch with many impressive features including a huge Kitchen w/ center island, nice sized bedrooms, crown molding, fireplace, abundant storage, oversized driveway and much more! Super convenient location.

FULL SERVICE LISTING PLANS WITH EXCEPTIONAL PRICING TODD KENTHACK

P. (910) 603-9050 BROKER/OWNER REALTOR, MBA, GRI SEARCH ALL LISTINGS AT: GOLFHOMESINPINEHURST.COM

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Your goals deserve our attention Every year, millions of Americans enjoy the rewards of homeownership. And they trust their homeownership goals to Wells Fargo Home Mortgage. We’d like to help you too. With our exclusive programs and dedication to personal service, you can feel confident that we’ll help you choose the home financing to help fit your current needs and future goals. To put your goals into action, call your Wells Fargo Home Mortgage consultant today.

Victoria Spannaus

Deborah Lawson

Lisa Gibbs

Sales Manager Wells Fargo Military Certified 10796 US Hwy 15-501 South Southern Pines, NC 28387 Office: 910-692-6225 Toll Free: 800-741-7813

Home Mortgage Consultant Jr

Home Mortgage Consultant 600 SW Broad Street Southern Pines, NC 28387 Office: 910-692-2212

10796 US Hwy 15-501 South Southern Pines, NC 28387 Office: 910-692-5118 Cell: 910-215-4099

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2010 Wells Fargo Bank, N.A. All rights reserved. AS482283 12/10-3/11

there

we are.

w w w. t h e p i l o t . c o m


Keller Williams Realty Congratulates New Agent Leadership Council

PAGE D6

The Agent Leadership Council (ALC) of Keller Williams acts as the Market Center’s board of directors by providing agent representation, leadership, guidance, training, consulting and decision making on behalf of the other agents in the company. Our ALC is committed to helping build our agents’ careers and assuring that our office culture and environment are most conducive to their career enhancement. The ALC for 2011 includes Rebecca Cummings, Dave Berger, Shannon Stites, Janet Dustin, Dianne Forsberg and Catherine Drexel, and it has just begun its work of leadership and accountability to the agents in the office. Membership on the prestigious ALC is by invitation only, and invitations are issued to those agents in the

Cassie Drexel

Janet Dustin

top 20% of earners of gross commission income in the office who are committed to driving production, protecting profits, and protecting the culture of the office. They also review budgets since Keller Williams is a completely open book company, and suggest ways to keep expenses down and lead with revenue, all important in the profit share model under which KW operates, and available to all associates in the company. Also at the heart of the company is education, so important in this complex and often changing environment, and the ALC leads the way in suggesting, teaching, and enhancing the knowledge base of each agent. Growth of each agent as an individual and growth of the company are also key

Dave Berger

Rebecca Cummings

factors in the ALC’s responsibility. Each agent is encouraged to set their own business goals and the ALC works to ensure that the agent has the tools available to make attainment of the goals possible. The Team Leader is also instrumental in this process in leading the ALC and working as the person on staff to ensure that training, events and support of the agents happens as the ALC plans. The Team Leader position is currently held by Kim Stout as Interim. Congratulations and thank you to the new Agent Leadership Council of Keller Williams. We are looking forward to another year of being the most productive real estate company in number of units sold and total volume sold in 2011.

Dianne Forsberg

Shannon Stites

Ray & Frances Bosworth visits Extreme Makeover: Home Edition

Ray & Frances Bosworth, from Ray’s Plumbing Service, Inc., members of the Moore County HBA, in Aberdeen, NC visited the Extreme Makeover: Home Edition in conjunction with the NAHB International Builder’s Show. On Tuesday, January 11th 2011, Ray & Frances toured the Hurston Family home in Cocoa, FL. Like a scene straight

R EA L E S T A TE 4 1 1

THE PILOT — SOUTHERN PINES, N.C.

out of Indiana Jones, the Hurston's fearlessly fly into disaster areas all over the world to bring life-saving water purifiers, medical supplies, clothes and food. Passionate about helping Haiti long before the 2010 earthquake, they spent years working there and even adopted their first of two Haitian orphans 13 years ago. They're accustomed to being

on the giving end of things – but, the tables turned in June 2009, when an upstairs pipe burst and flooded their entire Florida house, jeopardizing their rescue missions and leaving them homeless. Ray & Frances received VIP passes to the event, met with the design team, toured the job site and were able to see what happens behind the scenes.

FRIDAY, JANUARY 21, 2011

Information & More About Our Local Real Estate Market By: Lucretia Pinnock, CIAS™ Realtor® since 1985

2011 Offers Golden Opportunity THE RICHEST MAN IN BABYLON

There are so many lessons that we all can learn from history! During the days of The Great Depression, George S. Clason wrote THE RICHEST MAN IN BABYLON. This historically significant book is filled with simple rules that if followed can result in the accumulation of wealth as well as the enjoyment of a good life! Though the book is old, the thoughts are very applicable today. One of the recommendations for building wealth is home ownership as well as the ownership of investment real estate. Mr. Clason’s recom-

mendation is to first buy a home for yourself and then buy rental property. Interest rates have been at rock-bottom and prices of homes in our area have been reduced. Together, that makes home ownership more affordable than in the last 40 years. 2011 Offers Golden Opportunity for the ownership of real estate. Real estate is a very fundamental part of Mr. Clason’s plan to become wealthy and to live the good life. As the above chart shows, the average sale prices have appreciated 30.14% since 2000 despite nega-

tive economic factors! Houses are “On Sale” and Mortgage Money is available! Buying a personal home or rental property is big part of building personal and generational wealth! Next Month: How Investing in Real Estate Can Pay for College

Average Sales Price Over a 10 Year Span

Appreciation of 30.14% since 200 despite negative economic factors This chart is used with permission of the Distressed Property Institute LLC who holds the Copyright. (Source: HUD Historical Data: www.census.gov/indicator/www.newsreconst.pdf http://moneycentral.msn.com/stock_quote?symbol=$inx)

Deborah Darby Joins Prudential Gouger O’Neal & Saunders Real Estate

Pinehurst,NC – Deborah Darby has joined Prudential Gouger O’Neal & Saunders Real Estate as a Broker Associate in the Southern Pines Office. The announcement was made by Kay Beran, president of the company. Debbie joined Prudential Gouger O’Neal & Saunders after working more than five years here in the Sandhills as a real estate sales professional. The Love of Golf and Horses brought her to Moore County in 1995 from Naples Florida where she started her own company offering personal home management and remodeling services. Originally from North Eastern Pennsylvania, Debbie received her Bachelor of Science Degree

from Messiah College Grantham, PA and her Bachelor of Social Work Degree from Temple University in Philadelphia, PA where she worked in several University Hospitals doing crisis intervention specializing in Trauma. She has served on the Board of Keep Moore County Beautiful and volunteered in both the Literacy and Guardian Ad Litem Programs. “I am excited to be associated with Prudential Gouger O’Neal & Saunders Real Estate, a company that has stood the test of time, with over 40 years of doing business in Moore County, and with such a sound reputation. I feel my association with a known brand that offers such excellent resources will be of

Deborah Darby

value to my customers and clients.” said Darby. Beran said, “We are extremely pleased to welcome Debbie to the Prudential Gouger O’Neal & Saunders Real Estate sales professional team.” Deborah Darby is working as a full-time real estate professional with Prudential Gouger O’Neal & Saunders. You may contact Debbie by calling 910.783.5193 or by email at darby@prudentialpinehurst.com


FRIDAY, JANUARY 21, 2011

THE PILOT — SOUTHERN PINES, N.C.

PAGE D7


PAGE D8

THE PILOT — SOUTHERN PINES, N.C.

FRIDAY, JANUARY 21, 2011

PINEHURST RESORT REALTY Located in the Lobby of the Carolina Hotel

910-235-8700 • 1-800-772-7588 E-mail: pinehurstresortrealty@pinehurst.com

RARE FIND IN WEYMOUTH HEIGHT, Hardwood/parquet floors throughout. Kitchen w/breakfast area. Carolina Room, wine cellar. One wing could be apartment for in-law or teenager. In-ground pool. Separate workshop. 5BR/5BA $539,900 (138346)

CUSTOM QUALITY Whispering Pines home by Violette Brothers Construction. Bright and open floor plan with split bedrooms, vaulted ceilings, fireplace, hardwood floors. Beautiful Kitchen and Master Suite. Screened porch. 3BR/2BA $285,000 (141163)

IMMACULATE masonary/ frame home on a cul-de-sac location. Oversized garage (23x26). Level lot with large back yard. PCC membership available for transfer. 3BR/3BA $279,900 (141035)

NICE VIEWS and privacy from the three bedroom ground floor condo. Fully furnished including stack washer/dryer. PCC membership avail. for transfer. 3BR/2BA $179,000 (139139)

NICELY FURNISHED UNIT located on the second green of Pinehurst Country Club No. 5 Course. PCC membership available for transfer. 2BR/2BA $149,000 (134832)

NICE HOME on a quiet street near Lake Pinehurst Beach. Living Room plus cozy den w/fireplace off Kitchen and breakfast area. Bamboo floors, screened porch, fenced backyard. Lots of custom features. PCC membership available for transfer. 3BR/2BA $259,000 (138975)

PRICE REDUCED. GOLF FRONT HOME on famed Donald Ross No. 2 course. Located in The Fairwoods on Seven, a gated community. Overlooks the 4th tee of Course No. 2. Well maintained home. New roof & heat pump 2009. Large Master Suite, bedroom, sitting room, & office. Workshop area. 3BR2.5BA $695,000 (137891)

MAINTENANCE FREE custom built home. Hardwood floors, tile bath, granite Kitchen counters, stainless steel appliances. Office and large Bonus Room. Covered front & back porch plus large deck. Oversized garage. Nice big yard. 3BR/3BA $324,000 (140993)

VERY NICE all new brick Violette Brothers home in Whispering Pines with many upgrades including granite counters, hardwood flooring, gas fireplace, Carolina Room, whirlpool tub & shower, rear deck, and irrigation system. Paved driveway in rear with stone driveway in front. 3BR/2BA $310,000 (139879

Realtor of the Week ELIZABETH CHILDERS

CONDO REMODLED in 2007. New appliances, carpet, tile, wall coverings. Heat pump replaced in 2000. Tiled Kitchen counters. PCC membership available for transfer. 2BR/2BA $168,500 (140522)

PRICE REDUCED! BETTER VALUE THAN A CONDO. A single family home w/2 car garage. Split bedroom plan. Hardwood floors in Living & Dining Rooms. Well maintained home. Pinehurst Country Club membership available for transfer. 3BR/2.5BA $189,000 (137180)

MAINTENANCE FREE brick & vinyl home located across the street from PCC golf course No. 6 2nd hole. Cathedral ceiling Family Room with a ventless propane gas fireplace. Split bedroom floor plan. Large Kitchen w/breakfast nook. Front & back porches. PCC membership available for transfer. 3BR/2BA $239,000 (140442)

TAKE A LOOK AT THIS ONE! Nicely furnished and in great condition. 6x16 classed in porch that can be used as a screen porch. Washer/dryer. Third fairway of PCC Course No. 5. PCC membership available for transfer. 2BR/2BA $146,500 (135901)

FANTASTIC VIEWS of the 5th green of PCC course No. 5. Fully furnished. PCC membership available for transfer. 2BR/2BA $152,000 (136229)

We are here 7 days a week to answer your questions and meet your real estate needs or call 1-800-772-7588 910-235-8722 • E-mail: pinehurstresortrealty@pinehurst.com

Joanne Padgett Broker in Charge CRS/GRI & GREEN

Elizabeth Childers Associate Broker CRS/GRI

Joe Violette Associate Broker

Pete Garner Associate Broker ABR

Roger Johnson Associate Broker

Harwell Stovall Associate Broker

Ann Benton Associate Broker GRI/ABR/RRS & GREEN

Faye Gibson Associate Broker GRI/ABR/RRS

Local Realtor Directory

Christine Sellers

Lucretia Pinnock 692-6767

When Experience Counts... You Can Count on Lucretia!!!! An Experienced Realtor Will Smooth Your Transaction!!!

www.PinehurstHomeSearcher.com

Pinnock Real Estate & Relocation Services, Inc.

Jim Horne

Murray Williamson Realtor®

CATHY LAROSE Broker / Owner

Larose and Company

“Specializing in Woodlake for Over 25 Years”

Independently owned and operated

jhornewlcc@pinehurst.net

Cathy@LaroseandCompany.com www.LaroseandCompany.com

Office.: (910) 245-8683 Cell: (910) 624-2997 Fax: (910) 245-8684

www.thelakeresortproperties.com

LYNETTE WILLLIAMS Broker

Specializing in all of Moore County

910.295.6056

lynettwllms@aol.com

murray@basilgrouprealty.com Cell: (910) 528-2432 Fax: (910) 944-7943 Pinehurst, NC 28374 www.basilgrouprealty.com

www.foxcreekre.com

Office 910-693-3300 Cell 910-690-0362

To Search For Complete Real Estate Listings go to

www.thepilot.com/news/real-estate

295-1600 Office 603-0367 Direct

Holleigh McLaurin

980 Unit 3 Seven Lakes Drive

(910) 673-1050

Cell: (910) 315-9950 holleighmc@hotmail.com

Bobby Edwards Edwards Real Estate & Forestry Consulting (910) 944-2023 (Office) (910) 690-5955 (Cell)

If you like a photo put a ring on it Browse our online photo galleries at www.thepilot.com to order your prints, keyrings, mugs, mousepads & more featuring your favorite local photos!

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