NOT LISTED FOR SALE

311 E Bay St Southport, NC 28461

Estimated Value: $1,112,073

5 Beds
2 Baths
2,795 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $850,000 $304 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,677/month

50 Days on Market

Highlights

  • River View
  • 1 Fireplace
  • Enclosed Patio or Porch
  • Main Floor Primary Bedroom
  • No HOA
  • 4-minute walk to Southport Playground

About This Home

As of July 2021

Southern elegance and beauty! This historic and stately home, draped with a canopy of live oaks, sits high above the Cape Fear River on a large lot (approx. .425 acres) on E. Bay Street. The exact date this home was built is unknown but the historic plaque refers to it as the Dr. Lorenzo Frink House circa 1875 - who was a well-known and loved Southport physician and also the great-grandfather of American film actor, Joseph Cotten. Several additions have been made to this home over the years but it has kept its grand appeal. To enter, follow the curved brick steps to an expansive front porch where you can enjoy the gorgeous views and ship watching along the Cape Fear River as well as the salubrious breezes. On the first floor, you will find a large formal living room and formal dining room - both with gorgeous river views, a den with fireplace, breakfast room, kitchen, master bedroom, full bath, laundry room and/or pantry, and a sun porch. Follow the curved staircase to the second floor where you will find 4 more bedrooms and 1 bath. There are stairs from the first floor to the large basement. A long driveway, accessed from Rhett Street, leads to a 2-car carport with an entry door to the basement where you access stairs to the main floor. The front yard and large back yard are outlined with camellias and azaleas. This historic home has been owned and loved by many prominent families over the last 146 years and is ready for a new chapter in its life. Don't miss the opportunity to own such a grand home and continue its history while living in and enjoying all that the quaint, coastal, and historic town of Southport has to offer. This home was entered into the the National Register of Historic Places on November 25, 1980.

Last Agent to Sell the Property

Katherine Hufham

Southport Realty, Inc. License #232282 Listed on: 02/15/2021

Last Buyer's Agent

Linda Pukenas

Sea Glass Realty LLC License #240543

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,160

Year Built

  • Built in 1875

Lot Details

  • 0.42 Acre Lot
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 2,795 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • River Views
  • Storm Doors

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • 2 Detached Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L-PT 22 & 23 BAY ST
  • Assessor Parcel Number 238ib016

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,160

Year Built

Built in 1875

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: 2.0
  • Stories Levels: Basement, Two
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished - Partial, Outside Entrance
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Walk-In Closet
  • Laundry Location: Basement
  • List Price per Sq Ft: 375.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 5
  • Number Rooms: 13
  • Sq Ft Heated: 2795.00
  • Total Heated Primary Separate Sq Ft: 2795.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Brick, Wood Siding, Vinyl Siding
  • Fencing: Chain Link
  • Foundation: Brick/Mortar
  • Porch Balcony Deck: Covered, Porch, Enclosed
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Detached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Refrigerator, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Oil Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Oil

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 9216.00
  • Lot Acres: 0.42
  • Lot Dimensions: Irregular Lot
  • Lot Number: L-PT 22 & 23 BAY ST
  • Lot Sq Ft: 18511.00
  • Plat Book: 00
  • Zoning: Residential
  • Lot View Type: River View

Tax Info

  • Tax Identifier: 238ib016
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 3908.64
  • Total Real Estate Property Taxes: 9159.88

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Cynthia Zink
Bought by
Thompson Michael J and Thompson Kayla E
Current Estimated Value
$1,112,073

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 30, 2021
Sold by
Maynor Donna P and Maynor Kenneth D
Bought by
Moul Judd W and Moul Ellen J
Seller's Agent
Katherine Hufham
Southport Realty, Inc.
Buyer's Agent
Linda Pukenas
Sea Glass Realty LLC
List Price
$1,100,000
Sold Price
$850,000
Premium/Discount to List
-$250,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$680,000
Interest Rate
2.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thompson Michael J -- Prevatte James R
Moul Judd W $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moul Judd W $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $850,000 -19.0% $304 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/28/2021 03/28/21 Price Changed $1,050,000 -4.5% $376 / Sq Ft
02/15/2021 02/15/21 For Sale $1,100,000 -- $394 / 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 $9,097 $2,127,630 $869,740 $1,257,890
2024 $9,097 $1,227,950 $869,740 $358,210
2023 $10,368 $1,154,400 $869,740 $284,660
2022 $10,368 $1,082,730 $580,230 $502,500
2021 $9,160 $1,082,730 $580,230 $502,500
2020 $9,160 $1,082,730 $580,230 $502,500
2019 $9,160 $583,630 $580,230 $3,400
2018 $8,665 $575,090 $570,850 $4,240
2017 $8,640 $575,090 $570,850 $4,240
2016 $8,079 $575,090 $570,850 $4,240
2015 $8,079 $1,022,480 $570,850 $451,630
2014 $9,041 $1,214,268 $831,090 $383,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100256810

Hive MLS

APN: 238IB016