NOT LISTED FOR SALE

382 Summer House Dr Holly Ridge, NC 28445

Estimated Value: $692,000 - $877,000

0.35 Acre
$2,315,749 Price per Acre
15,246 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $85,000

Est. 854% increase in value since last sale

Current estimated payment $5,000/month

1 Day on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Clubhouse
  • Coastal Elementary Rated 10
  • Gated Community
  • Community Pool

About This Lot

As of July 2020

Vacant homesite, ready to build in luxury waterfront community of Summerhouse on Everett Bay! All the amenities are in place in this idyllic neighborhood, featuring a huge clubhouse, pool, fitness center, day docks, boat ramp, boat storage, pickleball court, tennis court, basketball court, running trails, playground, and more! With our Featured Builders, you can design your coastal home and start living the beach life in no time! Call today for more information!

Last Agent to Sell the Property

David Bartholow

Destination Realty Corporation Listed on: 05/26/2020

Last Buyer's Agent

Brannon Lancaster

Destination Realty Corporation, LLC License #287394

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,728

Lot Details

  • 0.35 Acre Lot
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $167 Monthly HOA Fees

Schools

  • Dixon Elementary And Middle School
  • Dixon High School

Additional Features

  • Accessible Ramps
  • Co-Op Water

Listing and Financial Details

  • Tax Lot 502R
  • Assessor Parcel Number 762c-502

Community Details

Overview

  • Summerhouse On Everett Bay Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Community Garden
  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • RV or Boat Storage in Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,728

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Land
  • Sub Type: Office
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private Road
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Water, Trail(s), Tennis Court(s), Taxes, Street Lights, Sidewalk, Sewer, RV/Boat Storage, Roof Maintenance, Ramp, Pool, Playground, Picnic Area, Management, Maint - Roads, Maint - Comm Areas, Gated, Fitness Center, Comm Garden, Clubhouse, Boat Slip - Not Assigned, Boat Dock
  • HOAAssociationFee1Year: 2000.00

Lot Info

  • Deed Page: 835.00
  • Lot Number: 502R
  • Lot Sq Ft: 15246.00
  • Zoning: R-20
  • Acres: 0.35
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 254285.71
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 502R

Tax Info

  • Tax Identifier: 762c-502
  • Tax Year: 2019

MLS Schools

  • Elementary School: Dixon
  • High School: Dixon
  • Middle School: Dixon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 20, 2020
Sold by
Trade Investments Llc
Bought by
Cunnane Michael D and Cunnane Margaret E
Seller's Agent
David Bartholow
Destination Realty Corporation
Buyer's Agent
Brannon Lancaster
Destination Realty Corporation, LLC
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Current Estimated Value
$810,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,512
Avg. Annual Appreciation
52.91%
Original Mortgage
$472,000
Outstanding Balance
$333,478
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$477,034

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jun 16, 2015
Sold by
Ben 4 Llc
Bought by
Resort Community Investments Opportunity
Seller's Agent
Wayne Friend
Wayne A Friend Realty
Buyer's Agent
Dawn Berard
Sold Buy the Sea Realty
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.21%

Purchase Details

Listed on
Mar 18, 2012
Closed on
Jun 1, 2012
Sold by
Cunningham Ann
Bought by
Shepard Nicholas K and Shepard Carol S
Seller's Agent
Wayne Friend
Wayne A Friend Realty
Buyer's Agent
Wayne Friend
Wayne A Friend Realty
List Price
$13,000
Sold Price
$13,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.62%

Purchase Details

Closed on
Dec 22, 2009
Sold by
R A North Development I Inc
Bought by
Cunningham David M
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
Cunnane Michael D $85,000 None Available
Resort Community Investments Opportunity -- Attorney
Shepard Nicholas K $13,000 None Available
Cunningham David M $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunnane Michael D $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $85,000 -4.5% --
05/27/2020 05/27/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $89,000 +790.0% --
04/29/2015 04/29/15 Sold $10,000 0.0% -- View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
10/01/2013 10/01/13 For Sale $10,000 -23.1% --
06/01/2012 06/01/12 Sold $13,000 0.0% -- View Prior Sale
04/28/2012 04/28/12 Pending -- -- --
03/18/2012 03/18/12 For Sale $13,000 -- --
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 $6,728 $676,195 $90,000 $586,195
2024 $6,728 $676,195 $90,000 $586,195
2023 $6,728 $676,195 $90,000 $586,195
2022 $6,730 $669,624 $90,000 $579,624
2021 $2,470 $225,580 $30,000 $195,580
2020 $219 $20,000 $20,000 $0
2019 $220 $20,000 $20,000 $0
2018 $222 $20,000 $20,000 $0
2017 $218 $20,000 $20,000 $0
2016 $218 $20,000 $0 $0
2015 $218 $20,000 $0 $0
2014 $218 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100219260

Hive MLS

APN: 069512