NOT LISTED FOR SALE

1346 Brothers Ln Elizabeth City, NC 27909

Estimated Value: $497,000 - $580,000

3 Beds
3 Baths
2,709 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $390,000 $144 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,142/month

20 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • No HOA
  • Deck
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of December 2022

Amazing property with potential for many income generating opportunities awaits you! This brick ranch sits on nearly 10 acres of land which makes it ideal for horse lovers! Enjoy a warm fire by the beautiful brick fireplace in the den after dinner. Has both formal living and dining rooms as well. . Master bedroom has a large bath, dual sinks and closets. Be sure to check out the storage space in the attic! Massive covered deck is perfect for entertaining year round. The barn contains 8 stables, hay loft and tack room. There is power and running water too! Don't let this one ride off into the sunset without you.

Last Agent to Sell the Property

Larisa Sloan

Keller Williams Coastal Virginia License #325013 Listed on: 10/21/2022

Last Buyer's Agent

Terry Smith

Berkshire Hathaway HomeServices RW Towne Realty/Greenbrier License #306009

Berkshire Hathaway HomeServices RW Towne Realty/Greenbrier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,807

Year Built

  • Built in 1988

Lot Details

  • 10.01 Acre Lot
  • Lot Dimensions are 262'x644'x895'x436'x613'x253'
  • Chain Link Fence
  • Property is zoned A-1

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,709 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Attic Floors

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Northside Elementary School
  • Elizabeth City Middle School
  • Pasquotank County High School

Farming

  • Barn

Utilities

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

Community Details

  • No Home Owners Association
  • Newland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7977 737219

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,807

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored
  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Foyer, Walk-In Closet
  • List Price per Sq Ft: 166.11
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 2709.00
  • Total Heated Primary Separate Sq Ft: 2709.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Exterior Structures: Barn(s)
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Unpaved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Gravel

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Refrigerator, Stove/Oven - Electric, Washer, Water Softener
  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Albemarle Electric
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 68.00
  • Lot Acres: 10.01
  • Lot Dimensions: 262'x644'x895'x436'x613'x253'
  • Lot Sq Ft: 436036.00
  • Zoning: A-1

Tax Info

  • Tax Identifier: 7977 737219
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2807.05

MLS Schools

  • Elementary School: Northside Elementary
  • High School: Pasquotank County High School
  • High School2: ECP Early College High School
  • Middle School: Elizabeth City Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 28, 2022
Sold by
Matera Jason and Matera Kayla
Bought by
Wright Victoria B and Wenger Brian
Seller's Agent
Larisa Sloan
Keller Williams Coastal Virginia
Buyer's Agent
Terry Smith
Berkshire Hathaway HomeServices RW Towne Realty/Greenbrier
List Price
$500,000
Sold Price
$390,000
Premium/Discount to List
-$110,000
-22%
Views
11
Current Estimated Value
$531,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,372
Avg. Annual Appreciation
13.12%
Original Mortgage
$370,500
Outstanding Balance
$357,308
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$183,436

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 17, 2020
Sold by
Roberts Randi L and Roberts Bryon C
Bought by
Matera Jason and Matera Kayla
Seller's Agent
Andrew Christie
Atlantic Sothebys International Realty
Buyer's Agent
Mel Powell
Hall & Nixon Real Estate, Inc
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$347,820
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Listed on
Nov 28, 2016
Closed on
Feb 8, 2017
Sold by
Fannie Mae
Bought by
Roberts Randi L and Roberts Bryon C
Seller's Agent
Erin Nixon & Phyllis Bosomworth Team
Hall & Nixon Real Estate, Inc
Buyer's Agent
Andrew Christie
Atlantic Sothebys International Realty
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
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
Wright Victoria B $390,000 --
Matera Jason $340,000 None Available
Roberts Randi L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Victoria B $370,500
Previous Owner Matera Jason $347,820
Previous Owner Roberts Randi L $49,600
Previous Owner Roberts Randi L $35,000
Previous Owner Mefferd Guy E $60,000
Previous Owner Mefferd Guy E $120,000
Previous Owner Mefferd Guy E $320,000
Previous Owner Mefferd Guy E $272,000
Previous Owner Mefferd Guy E $11,531
Previous Owner Meferd Guy E $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $390,000 -13.3% $144 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $450,000 -10.0% $166 / Sq Ft
10/12/2022 10/12/22 For Sale $500,000 +47.1% $185 / Sq Ft
05/28/2020 05/28/20 Off Market $340,000 -- --
03/17/2020 03/17/20 Sold $340,000 +30.8% $126 / Sq Ft
04/13/2017 04/13/17 Off Market $260,000 -- --
03/22/2017 03/22/17 Sold $260,000 -- $96 / 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 $2,794 $429,300 $0 $0
2023 $2,808 $429,300 $0 $0
2022 $2,794 $429,300 $0 $0
2021 $2,807 $345,500 $0 $0
2020 $2,793 $345,500 $0 $0
2019 $2,793 $345,500 $84,200 $261,300
2018 $2,807 $345,500 $0 $0
2017 $2,807 $345,500 $0 $0
2016 $2,772 $345,500 $0 $0
2014 -- $345,500 $84,200 $261,300
2013 -- $330,000 $84,200 $245,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100354767

Hive MLS

APN: 7977737219