NOT LISTED FOR SALE

103 Port Ln Newport, NC 28570

Estimated Value: $422,000

0.37 Acre
$1,140,541 Price per Acre
16,117 Sq Ft Lot

Last Sold March 03, 2023

Last sale price $70,000

Est. 503% increase in value since last sale

Current estimated payment $2,402/month

228 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Home fronts a sound
  • White Oak Elementary School Rated A-
  • Boat Ramp
  • 1-minute walk to Patsy Pond Nature Trail

About This Lot

As of March 2023

Perfect opportunity awaits to build your dream home. Lot is on a cul-de-sac and located in a beautiful quiet waterfront community. This lot has a 3 bedroom septic permit. This community has a boat ramp and day dock.Conveniently located to shopping, fishing, and Crystal Coast beaches.

Last Agent to Sell the Property

Wyatt Rike

Linda Rike Real Estate License #283567 Listed on: 06/03/2022

Last Buyer's Agent

Edith Riffe

Weichert Realtors At Wave's Edge License #272047

Weichert Realtors At Wave's Edge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $264

Lot Details

  • 0.37 Acre Lot
  • Home fronts a sound
  • Cleared Lot

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Bogue Sound Elementary School
  • Broad Creek Middle School
  • Croatan High School

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Assessor Parcel Number 631501153970000

Community Details

Overview

  • Island View Shores Subdivision

Recreation

  • Boat Dock
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$264

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Ramp
  • HOAAssociationFee1Year: 300.00

Lot Info

  • Deed Page: 103.00
  • Lot Sq Ft: 16117.00
  • Lot Water Features: Boat Dock, Boat Ramp, Sound Side
  • Zoning: R
  • Acres: 0.37
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 213513.51
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 631501153970000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 263.66

MLS Schools

  • Elementary School: Bogue Sound
  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Feb 20, 2023
Sold by
King Harriett A
Bought by
Salomone Michael and Salomone Melanie
Seller's Agent
Wyatt Rike
Linda Rike Real Estate
Buyer's Agent
Edith Riffe
Weichert Realtors At Wave's Edge
List Price
$88,888
Sold Price
$70,000
Premium/Discount to List
-$18,888
-21.25%
Views
157
Current Estimated Value
$422,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,000
Avg. Annual Appreciation
91.62%
Original Mortgage
$52,125
Outstanding Balance
$50,436
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$349,564

Purchase Details

Closed on
Jan 10, 2005
Sold by
Ivs Llc
Bought by
King Roger W and King Harriett A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salomone Michael $70,000 --
Salomone Michael $70,000 None Listed On Document
King Roger W $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomone Michael $52,125
Closed Salomone Michael $52,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $70,000 -11.4% --
01/17/2023 01/17/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $79,000 -7.1% --
12/01/2022 12/01/22 Price Changed $85,000 -4.4% --
06/03/2022 06/03/22 For Sale $88,888 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,885 $585,929 $130,048 $455,881
2024 $283 $64,308 $64,308 $0
2023 $283 $64,308 $64,308 $0
2022 $277 $64,308 $64,308 $0
2021 $264 $64,308 $64,308 $0
2020 $264 $64,308 $64,308 $0
2019 $212 $54,414 $54,414 $0
2017 $212 $54,414 $54,414 $0
2016 $212 $54,414 $54,414 $0
2015 $196 $54,414 $54,414 $0
2014 $227 $63,006 $63,006 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Wyatt Rike

    Linda Rike Real Estate

  • Edith Riffe

    Buyer's Agent in 2023

    Edith Riffe

    Weichert Realtors At Wave's Edge

    (252) 646-2156

    2 in this area

    61 Total Sales

    Edith Riffe
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Map

Source: Hive MLS

MLS Number: 100331602

Hive MLS

APN: 6315.01.15.3970000

North Carolina Carteret County Newport 28570

103 Port Ln, Newport, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC

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