NOT LISTED FOR SALE

Estimated Value: $175,000 - $277,000

3 Beds
2 Baths
1,000 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $46,500 $46 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $1,344/month

55 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Level Lot
  • Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2014

Looking for a home with a close proximity to downtown Elizabeth City? This one might be the one, 1604 Penny Drive is priced almost $40K less than the assessed tax value! Needs some TLC but features a single detached garage, all appliances convey, open concept with kitchen combo, and easy flowing floor plan. Come view this home today! ***HOME WILL BE SOLD AS IS***

Last Agent to Sell the Property

Phyllis Bosomworth

Hall & Nixon Real Estate Inc License #46993 Listed on: 12/27/2013

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Bungalow
  • Masonry Perimeter Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,000 Sq Ft Home
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

  • Edgewood Subdivision

Listing and Financial Details

  • Tax Lot #4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Directions: From Ehringhaus Street; R S. Water St; R Edgewood Dr; 1st R onto Penny Dr; Destination on the Left
  • Subdivision Name: Edgewood
  • Heated Sq Ft: 1000
  • Other Counties: Pasquotank
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Deed Book Pg Number: 151
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Hardwood
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage: 1 Car, Detached

Utilities

  • Cooling: Central
  • Heating: Forced Air, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 13156
  • Lot Description: Level
  • Lot Number: Lot#4
  • Deed Book: 828

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2013
  • Taxes: 1028.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Mar 24, 2014
Sold by
Dunstan John F and Dunstan Sharon G
Bought by
Gordon Charles F M
Seller's Agent
Phyllis Bosomworth
Hall & Nixon Real Estate Inc
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$55,000
Sold Price
$46,500
Premium/Discount to List
-$8,500
-15.45%
Current Estimated Value
$224,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,921
Avg. Annual Appreciation
14.15%
Original Mortgage
$37,200
Outstanding Balance
$28,584
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$182,931
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gordon Charles F M $46,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Charles F M $37,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $46,500 -15.5% $47 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $55,000 -- $55 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $1,473 $107,500 $0 $0
2023 $1,481 $107,500 $0 $0
2022 $1,473 $107,500 $0 $0
2021 $1,346 $77,200 $0 $0
2020 $1,274 $77,200 $0 $0
2019 $1,274 $77,200 $25,200 $52,000
2018 $1,274 $77,200 $0 $0
2017 $1,280 $77,200 $0 $0
2016 $1,272 $77,200 $0 $0
2014 -- $77,200 $25,200 $52,000
2013 -- $92,200 $30,900 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81730

Outer Banks Association of REALTORS®

APN: 892314226855