NOT LISTED FOR SALE

304 Somerset Way Newport, NC 28570

Estimated Value: $390,000 - $503,282

3 Beds
3.5 Baths
2,365 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $385,000 $163 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,517/month

93 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Tennis Courts
  • Bogue Sound Elementary School Rated A-
  • Community Pool
  • Formal Dining Room

About This Home

As of September 2024

Offering any buyer a $5,000 flooring or use as you choose credit at closing! A lovely corner lot with a brick style ranch in the desirable sound side Somerset Plantation neighborhood. This home features 3 bedrooms / 3.5 baths, an updated kitchen with stainless steel appliances, open concept formal dining area and living room with a fireplace & built-in cabinetry and an added bonus/flex room. The outdoor space offers a detached workshop/shed and a newly installed large composite back deck! The community amenities include a neighborhood front entry security gate, boat ramp with day dock, crystal clear swimming pool, tennis courts. Somerset Plantation off of Highway 24 and is is conveniently located near shopping, schools, restaurants, and the beach!

Last Agent to Sell the Property

Danielle Rose

Big Rock Real Estate & Property Management License #297427 Listed on: 06/06/2024

Last Buyer's Agent

Toni Higgins

Big Rock Real Estate & Property Management License #101677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1994

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100 x 196
  • Property fronts a private road
  • Property is zoned R20

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,365 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deck
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Fuel Tank
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 634603132929000

Community Details

Overview

  • Somerset Plantation HOA
  • Somerset Plantation Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,297

Year Built

Built in 1994

Lot Details

0

HOA Fees

$100 per month

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: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 200.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 2365.00
  • Total Heated Primary Separate Sq Ft: 2365.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Utilities: Municipal Water, Septic Off Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Tennis Court(s), Ramp, Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 1200.00
  • HOAAssociationName: Somerset Plantation HOA
  • HOAAssociationPhone: 252-727-56

Lot Info

  • Deed Page: 242.00
  • Lot Acres: 0.45
  • Lot Dimensions: 100 x 196
  • Lot Sq Ft: 19602.00
  • Plat Book: 26
  • Plat Page: 61
  • Special Assessments: None Known
  • Zoning: R20

Tax Info

  • Tax Identifier: 634603132929000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1297.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 17, 2024
Sold by
Hale Eric L and Hale Sherri T
Bought by
Couch Marc and Couch Deborah
Seller's Agent
Danielle Rose
Big Rock Real Estate & Property Management
Buyer's Agent
Toni Higgins
Big Rock Real Estate & Property Management
List Price
$475,000
Sold Price
$385,000
Premium/Discount to List
-$90,000
-18.95%
Views
64
Current Estimated Value
$437,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,571
Avg. Annual Appreciation
16.38%
Original Mortgage
$200,000
Outstanding Balance
$198,898
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$236,447

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 29, 2021
Sold by
Weaver Jerry Randall
Bought by
Hale Eric L and Hale Sherri T
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Gary Chronister
Bogue Banks Realty, Inc
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$337,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2018
Sold by
Tom Williamson
Bought by
Weaver Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500
Interest Rate
4.54%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Royal Michelle
Bought by
Weaver Jerry Randall and Weaver Mary Judith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1999
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
Couch Marc $385,000 None Listed On Document
Hale Eric L $375,000 None Available
Weaver Jerry -- --
Weaver Jerry Randall $310,000 None Available
-- $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couch Marc $200,000
Previous Owner Hale Eric L $20,000
Previous Owner Hale Eric L $337,500
Previous Owner Weaver Jerry $15,500
Previous Owner Weaver Jerry --
Previous Owner Weaver Jerry Randall $280,000
Previous Owner Weaver Jerry Randall $246,715
Previous Owner Weaver Jerry Randall $186,000
Previous Owner Royal Michelle $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $385,000 -18.9% $163 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $475,000 0.0% $201 / Sq Ft
08/27/2024 08/27/24 For Sale $475,000 -2.9% $201 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/03/2024 08/03/24 Price Changed $489,000 -2.2% $207 / Sq Ft
07/10/2024 07/10/24 Price Changed $499,900 -4.8% $211 / Sq Ft
06/25/2024 06/25/24 For Sale $525,000 0.0% $222 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $525,000 +40.0% $222 / Sq Ft
07/07/2021 07/07/21 Sold $375,000 -3.8% $159 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $389,900 -- $165 / 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 $14 $283,372 $95,202 $188,170
2023 $1,454 $283,372 $95,202 $188,170
2022 $1,426 $283,372 $95,202 $188,170
2021 $1,212 $283,372 $95,202 $188,170
2020 $1,306 $283,372 $95,202 $188,170
2019 $1,258 $285,643 $85,792 $199,851
2017 $1,258 $285,643 $85,792 $199,851
2016 $1,258 $285,643 $85,792 $199,851
2015 $1,230 $285,643 $85,792 $199,851
2014 $1,286 $300,995 $89,420 $211,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100448842

Hive MLS

APN: 6346.03.13.2929000