NOT LISTED FOR SALE

323 Badin View Dr New London, NC 28127

Estimated Value: $1,258,000 - $1,836,000

4 Beds
4 Baths
9,200 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $975,000 $106 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,186/month

123 Days on Market

Highlights

  • Great Room with Fireplace
  • Solid Surface Countertops
  • Porch
  • Wood Flooring
  • Balcony
  • 3 Car Attached Garage

About This Home

As of October 2019

Priced below tax value! Beautiful panoramic lakefront views span across the entire house. Open floor plan with 12’ ceilings, 8’ solid wood doors and moldings throughout, solid cherry cabinets in kitchen, 3 car garage (space for a boat). Stairway access above garage with floored storage and built-in shelving. Private floating pier with boat lift. Separate mother in law suite. This home is in the perfect location to be a primary residence or vacation home. Come see it today!

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 03/27/2019

Mark Spain Real Estate

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,512

Year Built

  • Built in 1997

Lot Details

  • 1.1 Acre Lot
  • Sprinkler System

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 8,706 Sq Ft Home
  • 7,800-9,200 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • Heron Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 666211577146
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,512

Year Built

Built in 1997

Lot Details

0

HOA Fees

$59 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Subdivision Name: Heron Bay
  • Directions: Please use GPS
  • Above Grade Finished Sq Ft: 8706
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 2500 - 3100
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 7800 - 9200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Stone, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Vaulted Ceiling(s), Wet Bar
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Gas Log, Great Room, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 8706
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Exterior Features: Balcony, Sprinkler System
  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Pier
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 710
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 666211577146
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 8512
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Oct 24, 2019
Sold by
Rabe Sydney C
Bought by
Neal Stacey Lynn and Snyder John F
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Current Estimated Value
$1,633,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,370
Avg. Annual Appreciation
8.96%
Original Mortgage
$877,400
Outstanding Balance
$768,647
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$864,723

Purchase Details

Closed on
Jul 31, 2017
Sold by
Rabe Sydney Clarke
Bought by
Rabe Sydney C and Sydney C Rabe Living Trust

Purchase Details

Closed on
Aug 5, 2005
Sold by
Fee Larry W and Fee Nadine H
Bought by
Rabe William C and Rabe Sydney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2003
Bought by
Rabe Sydney Clark
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
Neal Stacey Lynn $975,000 None Available
Rabe Sydney C -- None Available
Rabe William C -- None Available
Rabe Sydney Clark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Stacey Lynn $877,400
Previous Owner Rabe William C $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2019 10/28/19 Sold $975,000 0.0% $125 / Sq Ft
10/28/2019 10/28/19 Sold $975,000 -2.5% $112 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/29/2019 07/29/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $1,000,000 0.0% $128 / Sq Ft
03/25/2019 03/25/19 Price Changed $1,000,000 -13.0% $115 / Sq Ft
05/30/2018 05/30/18 For Sale $1,150,000 -- $132 / Sq Ft
Source: Triad 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 $6,417 $936,753 $272,500 $664,253
2024 $6,417 $936,753 $272,500 $664,253
2023 $6,417 $936,753 $272,500 $664,253
2022 $6,417 $936,753 $272,500 $664,253
2021 $6,276 $936,753 $272,500 $664,253
2020 $6,276 $936,753 $272,500 $664,253
2018 $8,512 $1,261,100 $302,500 $958,600
2017 $8,512 $1,261,100 $302,500 $958,600
2016 $8,512 $1,261,100 $302,500 $958,600
2015 $7,945 $1,261,100 $0 $0
2014 $7,945 $1,261,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 925245

Triad MLS

APN: 6662-11-57-7146