NOT LISTED FOR SALE

118 Silo Dr Chocowinity, NC 27817

Estimated Value: $414,000 - $467,000

3 Beds
2.5 Baths
1,954 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2024

Last sale price $382,000 $195 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,523 / mo

130 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Chocowinity Primary School Rated A-
  • Home fronts a canal
  • Main Floor Primary Bedroom

About This Home

As of September 2024

Elevated home on one of the largest lots in Bay Lake with 160 feet of bulkheaded canal frontage, with a small dock to keep your boat parked right outside your back door. The canal; flows into Chocowinity Bay and the Pamlico River. The neighborhood offers a community boat ramp , so easy access for launching your boat .This roomy home offer three large bedrooms, and two and a half bathrooms. The kitchen , dining, and living area are designed with an open concept. The dining area has sliding glass doors, that open to the back deck. This is a great area for grilling and overlooks the canal. Underneath the home is a covered area for your cars or maybe a boat. The home is conveniently located , for easy drive to Washington, or Greenville.

Last Agent to Sell the Property

Rosemarie Smith

The Rich Company License #200071 Listed on: 04/05/2024

Last Buyer's Agent

Rosemarie Smith

The Rich Company License #200071 Listed on: 04/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 2017

Lot Details

  • 24,829 Sq Ft Lot
  • Home fronts a canal

Parking

  • On-Site Parking

Home Design

  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,954 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pier
  • Bulkhead
  • Private Dock
  • Deck

Schools

  • Chocowinity Primary Elementary School
  • Chocowinity Middle School
  • Southside High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Rights

Community Details

  • No Home Owners Association
  • Bay Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10783

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,644

Year Built

Built in 2017

Lot Details

0.57 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2017
  • Property Sub Type: Single Family Residence
  • Appliances: Built-In Microwave, Refrigerator, Range, Dishwasher
  • Original List Price: 399000.00
  • Unit Levels: One
  • Living Area: 1954.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 204.20
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Has Fireplace?: No
  • Total Bedrooms: 6
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.10
  • Living Area Range: 1800 - 1999

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Canal Front
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: Pier, Bulkhead, Canal Front, Deeded Water Rights, Deeded Waterfront, Water Access Comm, Water Depth 4+
  • Waterfront?: Yes
  • Foundation Details: Raised
  • Patio And Porch Features: Deck

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: On Site

Utilities

  • Utilities: Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Elementary School: Chocowinity Primary School
  • High School: Southside High School
  • Middle Or Junior School: Chocowinity Middle School

Lot Info

  • Deed Book: 1900
  • Deed Page: 683.00
  • Zoning: R
  • Lot Features: Boat Dock, Bulkhead, Deeded Water Rights, Deeded Waterfront, Pier, Water Access Comm, Water Depth 4+
  • Lot Size Acres: 0.57
  • Lot Size: 160 feet of bulkheaded waterfront
  • Lot Size Sq Ft: 24829.00
  • Purchase Contract Date: 2024-08-12
  • Parcel#: 10783
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Book Number: N/A
  • Tax Map Number: N/A
  • Tax Other Assessment Amount Frequency: NONE
  • Tax Amount: 1644.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Sep 19, 2024
Sold by
Welch Jodi Lynn
Bought by
Fussell Steven Lindsey and Fussell Sylvia Bradley
Seller's Agent
Rosemarie Smith
The Rich Company
Buyer's Agent
Rosemarie Smith
The Rich Company
List Price
$399,000
Sold Price
$382,000
Premium/Discount to List
-$17,000
-4.26%
Views
151
Current Estimated Value
$431,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,503
Avg. Annual Appreciation
8.51%
Original Mortgage
$195,000
Outstanding Balance
$192,808
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$246,059

Purchase Details

Closed on
May 19, 2016
Bought by
Welch Jodi Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Fussell Steven Lindsey $382,000 None Listed On Document
Welch Jodi Lynn $225,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Fussell Steven Lindsey $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $382,000 -4.3% $195 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $399,000 0.0% $204 / Sq Ft
07/15/2020 07/15/20 Rented $1,250 0.0% --
07/05/2020 07/05/20 Under Contract -- -- --
07/02/2020 07/02/20 For Rent $1,250 -- --
Source: Hive MLS

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 $2,197 $374,768 $78,375 $296,393
2024 $1,832 $229,022 $37,080 $191,942
2023 $1,824 $229,022 $37,080 $191,942
2022 $1,819 $229,022 $37,080 $191,942
2021 $1,814 $229,022 $37,080 $191,942
2020 $1,832 $229,022 $37,080 $191,942
2019 $1,822 $229,022 $37,080 $191,942
2018 $1,766 $229,022 $37,080 $191,942
2017 $307 $47,966 $37,080 $10,886
2016 $293 $47,966 $37,080 $10,886
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100437014

Hive MLS

APN: 5675-61-3518

Your Personal Tour Guide

Ask me questions while you tour the home.