NOT LISTED FOR SALE

109 N Howe St Southport, NC 28461

Estimated Value: $1,099,768

2 Beds
2 Baths
2,370 Sq Ft
$464/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $870,000 $367 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,623/month

46 Days on Market

Highlights

  • Wood Flooring
  • Brick Exterior Construction
  • 2-minute walk to Southport Playground
  • No HOA
  • Central Air

About This Home

As of October 2021

Opportunities like this do not come around often! Live where you work and/or work where you live! This 2-Unit mixed-use building is everything that a small business owner could hope for. The building boasts a 2 bedroom, 2 Bath Residential unit upstairs, and commercial space downstairs with an inviting street-level store-front. The building has been meticulously cared for by the owner. Owning both units gives you the option to occupy one or both, or lease them out separately! Located 1 block from the Southport Waterfront Park and in the Prime Commercial District of Historic Downtown Southport AND lets not forget the private rear courtyard with in-ground pool! This is TRULY a unique opportunity. Schedule your private showing today!

Last Listed By

Myles Williams

Southport Realty, Inc. License #294530 Listed on: 04/30/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,357

Year Built

  • Built in 1998

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 22x132
  • Property is zoned CBD

Home Design

  • 2,370 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl Plank

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 237lg038

Property Details

Property Type

Other

Est. Annual Taxes

$3,357

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Retail
  • Cobra Zone: No
  • Construction: Brick/Stone
  • New Construction: No
  • Year Built: 1998
  • Definition: RE W/O Business
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Laminate, Tile, Vinyl, Wood
  • List Price per Sq Ft: 400.42
  • Sq Ft Heated: 2370.00

Exterior Features

  • Exterior Finish: Brick
  • Foundation: Slab
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Road Trans Access Airport: 16+ Miles
  • Road Trans Access County Highway: Less than 5 Miles
  • Road Trans Access Interstate: 16+ Miles
  • Road Trans Access Port: 16+ Miles
  • Road Trans Access Rail: 16+ Miles
  • Road Trans Access State Highway: 11 - 15 Miles

Garage/Parking

  • Garage: No

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 1200
  • Deed Page: 849.00
  • Lot Acres: 0.07
  • Lot Dimensions: 22x132
  • Lot Sq Ft: 3049.00
  • Zoning: CBD

Tax Info

  • Tax Identifier: 237lg038
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 3356.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Wellgevita Corporation
Bought by
Csre Llc
Total Days on Market
46
Current Estimated Value
$1,099,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Outstanding Balance
$322,493
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$791,734

Purchase Details

Listed on
Apr 30, 2021
Closed on
Aug 19, 2021
Sold by
Rehder George Stanley and Rehder Marylynn
Bought by
Csre Llc
Seller's Agent
Myles Williams
Southport Realty, Inc.
Buyer's Agent
Brian Quinn
Southport Realty, Inc.
List Price
$949,000
Sold Price
$870,000
Premium/Discount to List
-$79,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$360,500
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 1998
Bought by
Rehder George Stanley Et Marylynn

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Csre Llc -- Taxes Sandra L
Csre Llc $870,000 None Available
Rehder George Stanley Et Marylynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Csre Llc $337,000
Previous Owner Csre Llc $360,500
Previous Owner Csre Llc $515,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $870,000 -8.3% $367 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $949,000 -- $400 / Sq Ft
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
2024 $5,956 $773,930 $337,920 $436,010
2023 $3,903 $773,930 $337,920 $436,010
2022 $3,903 $358,790 $140,800 $217,990
2021 $3,357 $358,790 $140,800 $217,990
2020 $3,357 $358,790 $140,800 $217,990
2019 $3,357 $150,780 $140,800 $9,980
2018 $2,632 $75,750 $63,360 $12,390
2017 $2,595 $75,750 $63,360 $12,390
2016 $2,384 $75,750 $63,360 $12,390
2015 $2,384 $270,480 $63,360 $207,120
2014 $2,336 $279,573 $73,260 $206,313
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100269257

Hive MLS

APN: 237LG038