NOT LISTED FOR SALE

308 N Dry St Southport, NC 28461

Estimated Value: $870,224 - $1,002,000

3 Beds
2.5 Baths
2,101 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $495,000 $236 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,409/month

68 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Solid Surface Countertops
  • Southport Elementary School Rated 9+
  • Vaulted Ceiling
  • No HOA

About This Home

As of September 2018

This meticulously restored home is located just blocks from all the things that make Southport so unique: shopping, food, parks and the waterfront. It has tons of modern conveniences while maintaining its historic charm. It sits on a large lot that extends from Dry Street to College. At just over 2100 square feet the home has three bedrooms and 2.5 baths. The kitchen is large and features a vaulted ceiling, granite counter tops, stainless appliances and wood floors. The back deck is perfect for sun bathing between dips in the pool. Enjoy music in Franklin Square Park from the comfort of your own porch! The current owners recently added a whole house generator.

Last Agent to Sell the Property

Robert Carroll

RE/MAX Southern Coast License #262808 Listed on: 05/26/2018

RE/MAX Southern Coast

Last Buyer's Agent

Lorri Shipston

Intracoastal Realty License #243002

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1935

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Property is zoned SP-R-10

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,101 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 237lc008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,315

Year Built

Built in 1935

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 and One Half
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 237.93
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 2101.00
  • Total Heated Primary Separate Sq Ft: 2101.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Wood
  • Foundation: Crawl Space
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 702.00
  • Lot Acres: 0.20
  • Lot Dimensions: irregular
  • Lot Sq Ft: 8712.00
  • Plat Book: 3751
  • Plat Page: 702
  • Zoning: SP-R-10

Tax Info

  • Tax Identifier: 237lc008
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Aug 29, 2018
Sold by
Mcdonald Daniel Edward and Mcdonald Jean
Bought by
Palmeter James R and Palmeter Myra T
Seller's Agent
Robert Carroll
RE/MAX Southern Coast
Buyer's Agent
Lorri Shipston
Intracoastal Realty
List Price
$629,000
Sold Price
$495,000
Premium/Discount to List
-$134,000
-21.3%
Current Estimated Value
$936,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,556
Avg. Annual Appreciation
9.40%
Original Mortgage
$200,000
Outstanding Balance
$174,053
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$762,503

Purchase Details

Closed on
Aug 10, 2017
Sold by
Mcdonald Daniel and Mcdonald Jean
Bought by
Mcdonald Jean

Purchase Details

Closed on
Mar 31, 2016
Sold by
Daughtry Raeford and Daughtry Willa Dean
Bought by
Mcdonald Daniel and Dixson Jean

Purchase Details

Closed on
Sep 16, 2013
Sold by
Royal Lou Annelle and Wadsworth Angela Lynn
Bought by
Daughtry Raeford and Daughtry Willa Dean

Purchase Details

Closed on
Oct 21, 2009
Sold by
Holden Norman R and Holden Janice S
Bought by
Royal Lou Annelle and Royal Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 8, 2006
Sold by
Royal Lou Annelle
Bought by
Royal Lou Annelle and Wadsworth Angela Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Palmeter James R -- None Available
Mcdonald Jean -- None Available
Mcdonald Daniel $439,000 None Available
Daughtry Raeford $405,000 None Available
Royal Lou Annelle $135,000 None Available
Royal Lou Annelle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmeter James R $200,000
Previous Owner Royal Lou Annelle $75,000
Previous Owner Royal Lou Annelle $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $495,000 -21.3% $236 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $629,000 -- $299 / 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 $5,315 $710,310 $411,210 $299,100
2024 $5,315 $710,310 $411,210 $299,100
2023 $4,966 $710,310 $411,210 $299,100
2022 $4,966 $496,020 $299,060 $196,960
2021 $4,345 $496,020 $299,060 $196,960
2020 $4,345 $496,020 $299,060 $196,960
2019 $4,345 $303,120 $299,060 $4,060
2018 $3,185 $253,920 $249,220 $4,700
2017 $3,160 $253,920 $249,220 $4,700
2016 $2,919 $252,770 $249,220 $3,550
2015 $2,919 $352,820 $249,220 $103,600
2014 $2,997 $384,168 $280,350 $103,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100118107

Hive MLS

APN: 237LC008