NOT LISTED FOR SALE

228 Reef Ln Richlands, NC 28574

Estimated Value: $255,000 - $260,000

3 Beds
2 Baths
1,404 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $162,000 $115 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,451/month

11 Days on Market

Highlights

  • Deck
  • No HOA
  • Walk-In Closet
  • Vaulted Ceiling
  • Porch
  • Entrance Foyer

About This Home

As of September 2020

Located in sought after Richlands School District you will find this well maintained 3 bedrooms, 2 bath home. Nestled in the Coral Ridge Subdivision this home sits on almost a half-acre tree lined lot. Driving up to the home you will instantly fall in love with the large covered front porch. Perfect for morning coffee or listening to the birds. Step inside to a large foyer area, with coat closet. Next you will be surprised to see this open concept floor plan, perfect for entertaining. Vaulted ceilings, a gas fireplace and upgraded flooring are some of the beautiful features of the living room. The living area seamlessly flows in the dining area. No shortage of space here! Go ahead and bring your formal dining table for family gatherings. Off the of the dining area is the kitchen. This kitchen has a wrap around bar, lots of counter and cabinet space for the chef in the family to enjoy.

Last Agent to Sell the Property

Sue Cruddas

The Sue Cruddas Real Estate Team License #38165 Listed on: 08/03/2020

Co-Listed By

Jennie Kavanaugh

The Sue Cruddas Real Estate Team License #254878

Last Buyer's Agent

Karina Olson

Coldwell Banker Sea Coast Advantage - Jacksonville License #270993

Coldwell Banker Sea Coast Advantage - Jacksonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 2005

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 150x321x65x246
  • Wood Fence

Home Design

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

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Coral Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 443003024031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,120

Year Built

Built in 2005

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: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Foyer, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hall
  • List Price per Sq Ft: 116.10
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1404.00
  • Total Heated Primary Separate Sq Ft: 1404.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Attached Garage Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Jones-Onslow EMC
  • Service Providers Water Provider: Onslow Water Authority
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 944.00
  • Lot Acres: 0.45
  • Lot Dimensions: 150x321x65x246
  • Lot Sq Ft: 19602.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 443003024031
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 1, 2020
Sold by
Quinton Matthew M and Quinton Eda
Bought by
Gurganus James E and Gurganus Wendy
Seller's Agent
Sue Cruddas
The Sue Cruddas Real Estate Team
Buyer's Agent
Karina Olson
Coldwell Banker Sea Coast Advantage - Jacksonville
List Price
$175,000
Sold Price
$162,000
Premium/Discount to List
-$13,000
-7.43%
Current Estimated Value
$257,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,715
Avg. Annual Appreciation
9.53%
Original Mortgage
$159,065
Outstanding Balance
$141,160
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$116,555

Purchase Details

Closed on
Apr 3, 2006
Sold by
Purdon James A and Purdon Tamara L
Bought by
Quinton Matthew M and Quinton Eda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,950
Interest Rate
6.25%
Mortgage Type
VA

Purchase Details

Closed on
Jul 5, 2005
Sold by
Hillcrest Homebuilders Inc
Bought by
Purdon James A and Purdin Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,780
Interest Rate
5.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 2, 2005
Sold by
Hillcrest Homebuilders Inc
Bought by
Rougier Marcel P and Rougier Ruby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,780
Interest Rate
5.51%
Mortgage Type
Stand Alone Second
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
Gurganus James E $162,000 None Available
Quinton Matthew M $142,500 None Available
Purdon James A $129,000 None Available
Rougier Marcel P $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurganus James E $159,065
Previous Owner Quinton Matthew M $144,950
Previous Owner Purdon James A $25,780
Previous Owner Purdon James A $103,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $162,000 -7.4% $115 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $175,000 -- $125 / 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 $1,120 $170,921 $30,000 $140,921
2024 $1,120 $170,921 $30,000 $140,921
2023 $1,120 $170,921 $30,000 $140,921
2022 $1,120 $170,921 $30,000 $140,921
2021 $937 $132,860 $30,000 $102,860
2020 $937 $132,860 $30,000 $102,860
2019 $937 $132,860 $30,000 $102,860
2018 $937 $132,860 $30,000 $102,860
2017 $949 $140,660 $30,000 $110,660
2016 $949 $140,660 $0 $0
2015 $949 $140,660 $0 $0
2014 $949 $140,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100229868

Hive MLS

APN: 065130