NOT LISTED FOR SALE

118 Pearson Cir Newport, NC 28570

Estimated Value: $540,000 - $785,000

3 Beds
3 Baths
1,933 Sq Ft
$340/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $530,000 $274 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,649/month

136 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Home fronts a sound
  • Bogue Sound Elementary School Rated A-
  • Boat Dock
  • 1 Fireplace

About This Home

As of November 2020

The minute you arrive you will be taken back by the SPECTACULAR VIEWS from this property. Walk into the backyard and be blown away as the views JUST GET BETTER! Located directly on the sound/ICW, watch the boats go by from most any room in the house. The backyard is complete with several Live Oaks to relax under all year round. And the higher elevation gives you the chance to own waterfront without the additional cost of flood insurance. That's right, over half an acre of waterfront property with NO HOA FEES AND NO REQUIRED FLOOD INSURANCE. Savings you don't want to miss out on!!!Inside you can't help but FEEL AT HOME. Freshly painted walls in those calming coastal colors, make this waterfront home the retreat. Open concept kitchen/dining and living room great for entertaining. Gorgeous granite counter tops ,crown molding and so many ''little details'' throughout the home make this one you truly MUST SEE TO APPRECIATE!The layout is fantastic,endless possibilities with 2 bedrooms AND a bonus/office on one end AND an additional large bedroom on the opposite end of the house. (*Currently this space is being rented out as an efficiency, complete with it's own wet bar, private bath and entrance.) This space could easily be used as an in law suite, the possibilities really are endless. Whether your looking for a summer home, or year round living here on the coast, be sure to put this one first on your list!!!

Last Agent to Sell the Property

Lisa Harrison

Harrison Homes Real Estate Group License #292437 Listed on: 06/12/2020

Last Buyer's Agent

Lisa Harrison

RE/MAX Homestead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1960

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 114x206x115x295
  • Home fronts a sound
  • Street terminates at a dead end
  • Property is zoned R15M

Parking

  • Unpaved Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,933 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Sun or Florida Room
  • Water Views
  • Partially Finished Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6315.02.87.8891000

Community Details

Overview

  • No Home Owners Association
  • Pearson Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,123

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1960
  • Road Frontage Type: ICW Front, Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Wet Bar, Pantry, Ceiling Fan(s)
  • Laundry Location: Hall, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 284.53
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 13
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Other Level: Main
  • Sunroom Level: Ground
  • Additional Living Spaces with Separate Entrance Description: 1
  • Sq Ft Heated: 1933.00
  • Total Heated Primary Separate Sq Ft: 1933.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: Partial
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Enclosed
  • Road Type Frontage: Not Maintained, Unpaved, See Remarks
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Garage And Parking Other See Remarks: 2
  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Boat Dock, See Remarks

Lot Info

  • Deed Page: 477.00
  • Lot Acres: 0.54
  • Lot Description: Dead End
  • Lot Dimensions: 114x206x115x295
  • Lot Sq Ft: 23697.00
  • Lot Water Features: Deeded Water Access, Deeded Waterfront
  • Zoning: R15M
  • Lot View Type: Water View

Rental Info

  • Rental Income Gross Rental Income: 1000.00

Tax Info

  • Tax Identifier: 6315.02.87.8891000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Nov 23, 2020
Sold by
Freeman Sue William
Bought by
Latchford Brian and Latchford Carolina
Seller's Agent
Lisa Harrison
Harrison Homes Real Estate Group
Buyer's Agent
Lisa Harrison
Harrison Homes Real Estate Group
List Price
$580,000
Sold Price
$530,000
Premium/Discount to List
-$50,000
-8.62%
Current Estimated Value
$656,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,709
Avg. Annual Appreciation
4.46%
Original Mortgage
$503,500
Outstanding Balance
$448,043
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,666

Purchase Details

Closed on
Feb 29, 2016
Sold by
Gray Norrine H and Gray Calvin R
Bought by
Freeman Sue Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Latchford Brian $530,000 None Available
Freeman Sue Williams $510,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latchford Brian $503,500
Previous Owner Freeman Sue Williams $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $530,000 -8.6% $274 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $580,000 -- $300 / 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
2025 $2,123 $663,913 $372,540 $291,373
2024 $1,593 $339,770 $158,917 $180,853
2023 $1,667 $339,770 $158,917 $180,853
2022 $1,633 $339,770 $158,917 $180,853
2021 $1,231 $258,243 $158,917 $99,326
2020 $1,239 $258,243 $158,917 $99,326
2019 $1,225 $268,036 $158,917 $109,119
2017 $1,225 $268,036 $158,917 $109,119
2016 $1,225 $268,036 $158,917 $109,119
2015 $1,145 $268,036 $158,917 $109,119
2014 $1,716 $472,506 $374,579 $97,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100222066

Hive MLS

APN: 6315.02.87.8891000