NOT LISTED FOR SALE

138 Phillips Dr Arapahoe, NC 28510

Estimated Value: $207,000 - $340,000

3 Beds
2 Baths
1,832 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $82,000 $45 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,537/month

204 Days on Market

Highlights

  • On Golf Course
  • Main Floor Primary Bedroom
  • No HOA
  • Pamlico County Middle School Rated 9+
  • 1 Fireplace
  • Central Air

About This Home

As of September 2018

2 story, cape cod style home located on the #3 fairway of the Minnesott Golf and Country Club. Nice, established yard, double car garage, lots of storage space, fireplace and more. Only a few minutes to the Minnesott/Cherry Branch Ferry, fishing and hunting.

Last Agent to Sell the Property

Ellen Becker

Coldwell Banker Alliance Group Realty License #99373 Listed on: 01/02/2018

Last Buyer's Agent

Donald Strickland

Justice Realty Group License #294811

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 1.01 Acre Lot
  • On Golf Course

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Minnesott Estates Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number F092-2-17

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Vent Hood, Refrigerator
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 410.00
  • Directions To Property: From Morehead City, take Hwy 70 West to right on Cummingham Rd., then right on NC Hwy 101 to the Ferry Landing Rd. (Hwy 306) Take the Ferry across, take first left and go about a mile.
  • Fencing: None
  • Fireplace: 1
  • Foundation: Crawl Space, Slab
  • Fuel Tank: None
  • High School2: Pamlico County
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100094744
  • List Priceper Sq Ft: 54.53
  • Location Type: Mainland
  • Lot Acres: 1.01
  • Lot Description: On Golf Course
  • Lot Sq Ft: 43996.00
  • Lot Water Features: None
  • Marketing City: Arapahoe
  • Middle School2: Pamlico County
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: None
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1832.00
  • State Province: NC
  • Stipulation Of Sale: REO
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Lake Minnesott Estates
  • Tax Identifier: F092-2-17
  • Tax Year: 2016
  • Terms: Cash
  • Total Heated Primary Separate Sq Ft: 1832.00
  • Water Heater: Electric
  • Waterview: No
  • Year Built: 1974
  • Zoning: Residential
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Kitchen
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Garage
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: None
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Utilities: Municipal Water, Septic On Site
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Nicholson Acrey Edward
Bought by
Nicholson Acrey Edward and Nicholson Kimberly Moore
Current Estimated Value
$275,705

Purchase Details

Listed on
Jan 2, 2018
Closed on
Sep 7, 2018
Sold by
Bank Of New York Mellon
Bought by
Nicholson 3Rd Acrey E
Seller's Agent
Ellen Becker
Coldwell Banker Alliance Group Realty
Buyer's Agent
Donald Strickland
Justice Realty Group
List Price
$155,000
Sold Price
$82,000
Premium/Discount to List
-$73,000
-47.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$65,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2017
Sold by
Sawyer David M
Bought by
Hsbc Bank Usa N A

Purchase Details

Closed on
Aug 29, 2005
Sold by
Hay Virginia L
Bought by
Sawyer David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 1973
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nicholson Acrey Edward $62,500 None Available
Nicholson 3Rd Acrey E $82,000 --
Hsbc Bank Usa N A $32,480 None Available
Sawyer David M $155,000 None Available
-- $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson 3Rd Acrey E $65,600
Previous Owner Sawyer David M $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $82,000 -47.1% $45 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $155,000 -- $85 / 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 $1,146 $142,361 $23,548 $118,813
2024 $1,146 $142,361 $23,548 $118,813
2023 $1,080 $137,633 $23,548 $114,085
2022 $1,067 $137,633 $23,548 $114,085
2021 $1,067 $137,633 $23,548 $114,085
2020 $1,067 $137,633 $23,548 $114,085
2019 $876 $112,983 $41,760 $71,223
2018 $876 $0 $0 $0
2017 $898 $0 $0 $0
2016 $890 $0 $0 $0
2015 $890 $112,983 $41,760 $71,223
2014 $890 $112,983 $41,760 $71,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100094744

Hive MLS

APN: F092-2-17