NOT LISTED FOR SALE

179 Pearl Bay Dr Unit 17 New London, NC 28127

Estimated Value: $786,084 - $984,000

0.76 Acre
$1,134,238 Price per Acre
33,106 Sq Ft Lot

Last Sold September 22, 2021

Last sale price $65,000

Est. 1,214% increase in value since last sale

Current estimated payment $4,805/month

186 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Clubhouse
  • Gated Community
  • Community Lake
  • Recreation Facilities

About This Lot

As of September 2021

As of 1-22-21, this is one of only 2 lots left in Heron Bay that have a boat slip at Dock A. This lot is the closest available lot to Dock A as well. This Badin Lake waterfront lot is located in the gated community of Heron Bay. Level lot. Deeded boat slip included with this lot is within easy walking distance, inside Heron Bay at Marina (Dock) A - Boat Slip #3. Marina A is located at the stop sign at Heron Bay Drive & Pearl Bay Drive; walk straight to reach the deeded boat slip at the pier (see walkway to the lake). See deed for the Survey. Heron Bay offers a boat ramp, club house, boat storage, automatic gate, and walking trails. HOA dues are $365.65 semiannually, plus $100 semiannually for the boat slip. Heron Bay homeowners have the opportunity to join the adjacent Old North State Country Club.

Last Agent to Sell the Property

Eric Rice

Becki Rice Realty License #268647 Listed on: 01/22/2021

Last Buyer's Agent

Greg Martin

MartinGroup Properties Inc License #175016

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Level Lot

HOA Fees

  • $59 Monthly HOA Fees

Utilities

  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 6662-08-88-9845
  • Tax Block 1

Community Details

Overview

  • Cedar Management Group Association, Phone Number (704) 644-8808
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails
  • Access To Lake

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84525
  • Ratio Close Price By Original Li: 0.84525
  • Ratio Current Price By Acre: 85526.32
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 7046448808

Exterior Features

  • Exterior Features: Satellite Internet Available, Wired Internet Available

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Lake, Lake Access, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 355.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Cedar Management Group
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 110 ft. Waterfront x 260x159x258
  • Lot Features: Lake, Lake Access, Level, Paved Frontage, Views, Water view, Waterfront, Year Round View
  • Parcel Number: 6662-08-88-9845
  • Zoning Specification: R

Tax Info

  • Tax Value: 68970.00
  • Tax Block: 1
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Sep 22, 2021
Sold by
James Caputo
Bought by
Kenneth Clark and Kenneth Denise Clark
Seller's Agent
Eric Rice
Becki Rice Realty
Buyer's Agent
Greg Martin
MartinGroup Properties Inc
List Price
$76,900
Sold Price
$65,000
Premium/Discount to List
-$11,900
-15.47%
Current Estimated Value
$854,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,270
Avg. Annual Appreciation
87.85%

Purchase Details

Closed on
Apr 4, 2006
Sold by
Hill Susanne B and Hill David
Bought by
Caputo James J
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
Kenneth Clark $65,000 None Available
Caputo James J $115,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $65,000 0.0% --
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 Off Market $65,000 -- --
01/22/2021 01/22/21 For Sale $76,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,023 $435,829 $68,970 $366,859
2024 $3,023 $435,829 $68,970 $366,859
2023 $2,333 $340,564 $68,970 $271,594
2022 $472 $68,970 $68,970 $0
2021 $462 $68,970 $68,970 $0
2020 $462 $68,970 $68,970 $0
2018 $520 $77,000 $77,000 $0
2017 $520 $77,000 $77,000 $0
2016 $520 $77,000 $77,000 $0
2015 $485 $77,000 $0 $0
2014 $485 $76,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3701157

Canopy MLS (Canopy Realtor® Association)

APN: 6662-08-88-9845