NOT LISTED FOR SALE

3703 Willow Lake Dr SE Southport, NC 28461

Estimated Value: $464,695 - $516,000

3 Beds
2.5 Baths
2,101 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 07, 2013

Last sale price $245,000 $117 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,739/month

60 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Main Floor Primary Bedroom
  • RV or Boat Storage in Community
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of August 2013

You will fall in love with this delightful cottage-style home in popular Arbor Creek. Charming wraparound porch with ceiling fans beckons you with its breezes and the yard is beautifully landscaped. With 3 bedrooms and a bonus room with half bath and 2 closets there is plenty of room for family and guests. The kitchen comes with top quality units with granite countertops/backsplash, matching stainless steel appliances and new microwave. There are beautiful hardwood floors throughout the home. A screened back porch can be accessed by both the great room and the master bedroom. Steps lead to a gorgeous back yard with lots of privacy, fencing, plantings, irrigation system and a storage building which matches the house! Other extras include a central vacuum system, 2 car garage with wall mount

Last Agent to Sell the Property

Deb Hanna

Margaret Rudd Assoc/Sp License #252439 Listed on: 05/31/2013

Last Buyer's Agent

Debby Daigle

RE/MAX Community Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 2005

Lot Details

  • 10,150 Sq Ft Lot
  • Lot Dimensions are 70x145
  • Property fronts a private road
  • Irrigation

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,101 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Dining Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Arbor Creek Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,313

Year Built

Built in 2005

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One and One Half
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Whole House Fan, Whirlpool, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 126.13
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2101.00
  • Total Heated Primary Separate Sq Ft: 2101.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Washer, Vent Hood, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Tennis Court(s), Maint - Comm Areas, RV/Boat Storage, Management, Maint - Roads, Fitness Center, Community Pool, Comm Garden
  • HOAAssociationFee1Year: 836.00

Lot Info

  • Deed Page: 1378.00
  • Lot Acres: 0.23
  • Lot Dimensions: 70X145
  • Lot Number: 6
  • Lot Sq Ft: 10150.00
  • Zoning: residential

Tax Info

  • Tax Year: 2012
  • Total City Real Estate Property Tax: 1313.00
  • Total Real Estate Property Taxes: 1313.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 12, 2013
Sold by
Champion James F and Champion Leslie S
Bought by
Mavroudis Michael P and Mavroudis Michelle R
Seller's Agent
Deb Hanna
Margaret Rudd Assoc/Sp
Buyer's Agent
Debby Daigle
RE/MAX Community Brokers
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$500,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,924
Avg. Annual Appreciation
5.85%
Original Mortgage
$234,025
Outstanding Balance
$55,589
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$432,242

Purchase Details

Closed on
Jun 20, 2008
Sold by
Cox Marvin B and Cox Judy A
Bought by
Champion James F and Champion Leslie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2005
Sold by
The Forsythe Co Of Wilmington
Bought by
Cox Marvin B
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
Mavroudis Michael P $234,000 None Available
Champion James F $310,000 None Available
Cox Marvin B $263,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mavroudis Michael P $234,025
Previous Owner Champion James F $152,000
Previous Owner Champion James F $174,000
Previous Owner Champion James F $50,000
Previous Owner Champion James F $190,000
Previous Owner Cox Marvin B $175,000
Previous Owner Cox Marvin B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2013 08/07/13 Sold $245,000 -7.5% $117 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $265,000 -- $126 / 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 $0 $410,910 $53,000 $357,910
2024 $1,845 $410,910 $53,000 $357,910
2023 $1,753 $410,910 $53,000 $357,910
2022 $1,753 $281,590 $40,000 $241,590
2021 $1,753 $281,590 $40,000 $241,590
2020 $1,728 $281,590 $40,000 $241,590
2019 $1,728 $43,020 $40,000 $3,020
2018 $1,484 $35,640 $32,000 $3,640
2017 $1,484 $35,640 $32,000 $3,640
2016 $1,434 $35,640 $32,000 $3,640
2015 $1,434 $235,010 $32,000 $203,010
2014 $1,314 $230,803 $45,000 $185,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20674302

Hive MLS

APN: 220FE006