NOT LISTED FOR SALE

397 Summer House Dr Holly Ridge, NC 28445

Estimated Value: $56,703 - $729,000

0.17 Acre
$1,567,212 Price per Acre
7,405 Sq Ft Lot

Last Sold September 19, 2017

Last sale price $29,500

Est. 803% increase in value since last sale

Current estimated payment $1,535/month

132 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 49 Feet of Waterfront
  • Fitness Center
  • Coastal Elementary Rated 10
  • Boat Dock
  • Gated Community

About This Lot

As of September 2017

Summerhouse on Everett Bay is an exclusive yet laid back gated community gracing the shores of the Intra Coastal Waterway. The perfect place to build your forever home or your vacation getaway. Amenities are innumerable: gorgeous clubhouse and pool, fitness center, open air pavilion, fire pit, walking trails, picnic areas, playgrounds, tennis courts, lakes, parks, boat storage facility, dock and boat ramp. This community has it all, only a short distance to Topsail Beach, easy access to Wilmington or Jacksonville. Owner is Broker/Realtor

Last Agent to Sell the Property

Judy Odom

Coastal Properties License #202192 Listed on: 04/04/2017

Coastal Properties

Last Buyer's Agent

Beth Churchman

Coastal Bridges Real Estate LLC License #274609

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $327

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 51x153x49x150
  • 49 Feet of Waterfront
  • Lake Front
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $73 Monthly HOA Fees

Schools

  • Dixon Elementary And Middle School
  • Dixon High School

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 427
  • Assessor Parcel Number 425700336320

Community Details

Overview

  • Master Insurance
  • Summerhouse On Everett Bay Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Deeded Waterfront Access Rights

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$327

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 49.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Clubhouse, Fitness Center, Gated, Maint - Comm Areas, Maint - Grounds, Management, Master Insure, Picnic Area, Playground, Pool, Ramp, RV/Boat Storage, Sidewalk, Street Lights, Taxes, Tennis Court(s), Trail(s)
  • HOAAssociationFee1Year: 880.00

Lot Info

  • Deed Page: 582.00
  • Lot Dimensions: 51x153x49x150
  • Lot Number: 427
  • Lot Sq Ft: 7405.00
  • Lot Water Features: Deeded Water Access, Water Access Comm
  • Zoning: R-20
  • Acres: 0.17
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 205882.35
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 427

Tax Info

  • Tax Identifier: 425700336320
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 327.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Sep 18, 2017
Sold by
Odom Richard V and Odom Judith M
Bought by
Pierce Michael Eugene and Pierce Jennifer Batts
Seller's Agent
Judy Odom
Coastal Properties
Buyer's Agent
Beth Churchman
Coastal Bridges Real Estate LLC
List Price
$35,000
Sold Price
$29,500
Premium/Discount to List
-$5,500
-15.71%
Current Estimated Value
$266,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,926
Avg. Annual Appreciation
30.91%
Original Mortgage
$23,600
Outstanding Balance
$5,488
Interest Rate
3.93%
Mortgage Type
Unknown
Estimated Equity
$260,938

Purchase Details

Closed on
Mar 27, 2012
Sold by
Td Bank N A
Bought by
Odom Richard V and Odom Judith M

Purchase Details

Closed on
Aug 3, 2009
Sold by
Patterson Marie D
Bought by
Carolina First Bank

Purchase Details

Closed on
Oct 18, 2006
Sold by
Premier Realty Management Llc
Bought by
Patterson Marie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,991
Interest Rate
6.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pierce Michael Eugene $29,500 None Available
Odom Richard V $16,000 None Available
Carolina First Bank -- None Available
Patterson Marie D $440,000 None Available
Premier Realty Management Llc $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Michael Eugene $23,600
Previous Owner Premier Realty Management Llc $395,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2017 09/19/17 Sold $29,500 -15.7% --
08/14/2017 08/14/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $35,000 -- --
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 $697 $70,000 $70,000 $0
2024 $697 $70,000 $70,000 $0
2023 $697 $70,000 $70,000 $0
2022 $704 $70,000 $70,000 $0
2021 $329 $30,000 $30,000 $0
2020 $329 $30,000 $30,000 $0
2019 $330 $30,000 $30,000 $0
2018 $333 $30,000 $30,000 $0
2017 $327 $30,000 $30,000 $0
2016 $327 $30,000 $0 $0
2015 $327 $30,000 $0 $0
2014 $327 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100056227

Hive MLS

APN: 069437