NOT LISTED FOR SALE

2857 Palm Grove Varnamtown, NC 28462

Estimated Value: $405,000 - $526,000

3 Beds
2 Baths
2,062 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $238,000 $115 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,679/month

62 Days on Market

Highlights

  • 1 Fireplace
  • Ceiling height of 9 feet or more
  • Central Air
  • Porch
  • Vinyl Plank Flooring
  • Combination Dining and Living Room

About This Home

As of May 2019

ALMOST COMPLETED WITH QUALITY CONSTRUCTION THROUGHOUT! Perfect get away cottage at the coast. New craftsman style home with Bonus Room is sure to please with spacious living room, oversized Owner Suite with double vanity and tiled shower, white kitchen cabinets with granite countertop, spacious bedrooms, luxury vinyl flooring throughout, open floor plan and covered side porch with 2 car garage. Sealed Crawl Space with Dehumidifer. Community offers landscaped entrance, cul-de-sac, and within 5-10 minutes to Holden Beach, grocery store, shops, and restaurants.

Last Agent to Sell the Property

Ammie Archer

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 01/16/2019

Last Buyer's Agent

Desiree Whalen

Keller Williams Innovate-Wilmington License #230918

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 2019

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 79x261x97x214
  • Property fronts a private road

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Vinyl Plank Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Palm Grove Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 216ma002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,847

Year Built

Built in 2019

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: See Remarks, Vinyl
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Ceiling Fan(s), 9Ft+ Ceilings
  • List Price per Sq Ft: 122.21
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2062.00
  • Total Heated Primary Separate Sq Ft: 2062.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Brick/Mortar, Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Private
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water Available, Water Tap Available, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, See Remarks
  • HOAAssociationFee1Year: 350.00

Lot Info

  • Deed Page: 1172.00
  • Lot Acres: 0.50
  • Lot Dimensions: 79X261X97X214
  • Lot Number: 2
  • Lot Sq Ft: 21780.00
  • Plat Book: 36
  • Plat Page: 446
  • Zoning: R

Green Features

  • Green Bldg Features: Sealed Crawl Space

Tax Info

  • Tax Identifier: 216ma002
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 7.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
May 8, 2019
Sold by
Vcc Inc
Bought by
Sweat Laance and Sweat Rosy
Seller's Agent
Ammie Archer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Desiree Whalen
Keller Williams Innovate-Wilmington
List Price
$253,900
Sold Price
$238,000
Premium/Discount to List
-$15,900
-6.26%
Current Estimated Value
$452,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,012
Avg. Annual Appreciation
10.17%
Original Mortgage
$233,689
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2018
Sold by
Murdock Brian G and Archer Ammie
Bought by
Vcc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 20, 2013
Sold by
Oceans Edge Ventures Llc
Bought by
Murdock Brian and Archer Ammie
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
Sweat Laance $238,000 First American Mortgage Sln
Vcc Inc -- None Available
Murdock Brian $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweat Laance $20,094
Open Sweat Laance $229,144
Closed Sweat Laance $230,991
Closed Sweat Laance $233,689
Previous Owner Vcc Inc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $238,000 -6.3% $115 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $253,900 -- $123 / 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 $1,847 $378,490 $35,000 $343,490
2023 $1,799 $378,490 $35,000 $343,490
2022 $1,799 $274,380 $15,000 $259,380
2021 $1,799 $274,380 $15,000 $259,380
2020 $1,755 $274,380 $15,000 $259,380
2019 $1,438 $15,000 $15,000 $0
2018 $95 $15,000 $15,000 $0
2017 $93 $15,000 $15,000 $0
2016 $90 $15,000 $15,000 $0
2015 $90 $15,000 $15,000 $0
2014 $133 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100146281

Hive MLS

APN: 216MA002