NOT LISTED FOR SALE

128 Chatham St Newport, NC 28570

Estimated Value: $243,192 - $293,000

9 Beds
5 Baths
1,500 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $315,000 $210 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,495/month

41 Days on Market

Highlights

  • Deck
  • Circular Driveway
  • Bedroom Suite
  • Newport Middle School Rated A-
  • Porch
  • Ceiling Fan

About This Home

As of August 2023

Investment opportunity fixer up in the middle of Newport! The property is a combination of 2 parcels and has many options. The lovely old trees make this a setting of the past with easy living. Enjoy the days of sitting in the yard under the shade and summer breeze. This could continue as a long term rental, use one of the properties as a second home with income from the rest, or make a wonderful family compound close to the beach, shopping schools and everything! A detailed description of the current units is located under documents. 128 A was remodeled in 2023. Seller is offering property ''as is''. Call listing agent for more information.

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 05/18/2023

Last Buyer's Agent

Stephanie Mann

Keller Williams Crystal Coast License #197358

Keller Williams Crystal Coast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1930

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 125 x 185 x 121 x 180

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Bedroom Suite
  • 5 Bathrooms

Parking

  • 1 Attached Carport Space
  • Circular Driveway
  • Shared Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Newport Elementary School
  • Newport Middle School
  • West Carteret High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Heating System Uses Propane
  • Wall Furnace
  • Baseboard Heating
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 634814247483000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$750

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One, Two
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Apt/Suite, Ceiling Fan(s)
  • List Price per Sq Ft: 89.56
  • Total Bathrooms: 5.00
  • Number Bedrooms Total: 9

Exterior Features

  • Exterior Finish: Asbestos, Metal Siding, Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport, Circular, On Site, Shared

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Baseboard, Space Heater, Wall Furnace
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 395.00
  • Lot Acres: 0.49
  • Lot Dimensions: 125 x 185 x 121 x 180
  • Lot Sq Ft: 21344.00
  • Plat Book: D27
  • Plat Page: 232
  • Zoning: R 10

Tax Info

  • Tax Identifier: 634814247483000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 749.90

Multi Family

  • Number Total Units: 3

MLS Schools

  • Elementary School: Newport
  • High School: West Carteret
  • Middle School: Newport Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 15, 2023
Sold by
Merrill Gerald R and Merrill Sharon
Bought by
Smith Erin and Smith Richard
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Stephanie Mann
Keller Williams Crystal Coast
List Price
$450,000
Sold Price
$315,000
Premium/Discount to List
-$135,000
-30%
Views
266
Current Estimated Value
$274,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,952
Avg. Annual Appreciation
-6.33%
Original Mortgage
$240,000
Outstanding Balance
$78,585
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$195,463

Purchase Details

Closed on
Aug 31, 2006
Sold by
Merrill Gerald T and Merrill Myrtle G
Bought by
Merrill Gerald R and Merrill Randy T
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
Smith Erin $315,000 None Listed On Document
Merrill Gerald R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Erin $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $315,000 -3.1% $210 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $325,000 -27.8% $217 / Sq Ft
06/27/2023 06/27/23 For Sale $450,000 0.0% $300 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $450,000 -- $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 $508 $182,391 $50,526 $131,865
2024 $597 $146,680 $30,861 $115,819
2023 $514 $146,680 $30,861 $115,819
2022 $499 $146,680 $30,861 $115,819
2021 $645 $146,680 $30,861 $115,819
2020 $499 $146,680 $30,861 $115,819
2019 $475 $148,429 $30,861 $117,568
2017 $475 $148,429 $30,861 $117,568
2016 $475 $148,429 $30,861 $117,568
2015 $460 $148,429 $30,861 $117,568
2014 $444 $142,936 $45,651 $97,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100385135

Hive MLS

APN: 6348.14.24.7483000