NOT LISTED FOR SALE

401 Lake Dr Burgaw, NC 28425

Estimated Value: $363,912 - $400,000

4 Beds
2 Baths
1,836 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $218,900 $119 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,259/month

7 Days on Market

Highlights

  • 1 Acre Lot
  • Vaulted Ceiling
  • Attic
  • Deck
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of July 2018

4 BR 2 Bath home featuring granite counters in kitchen, stainless steel appliances, smooth top range. Cathedral ceiling in great room into dining room. Split floor plan. Master bath has double vanity, tub and separate shower, trey ceiling in Master bedroom. 2 car finished garage and 12x20 unfinished room.

Last Agent to Sell the Property

Art Ricks

Berkshire Hathaway HomeServices Carolina Premier Properties License #168405 Listed on: 04/24/2018

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Kelly Wiggins

Water's Edge Real Estate LLC License #271945

Water's Edge Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $346

Year Built

  • Built in 2018

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 273x228x105x222
  • Open Lot
  • Property is zoned RA

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Great Room
  • Combination Dining and Living Room
  • Laundry Room
  • Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Morgan Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3247-61-6864-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$346

Year Built

Built in 2018

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: Yes
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 117.05
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Dining Room Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1836.00
  • Total Heated Primary Separate Sq Ft: 1836.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Stone, Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 2670.00
  • Lot Acres: 1.00
  • Lot Description: Open
  • Lot Dimensions: 273x228x105x222
  • Lot Sq Ft: 43560.00
  • Zoning: RA

Tax Info

  • Tax Identifier: 3247-61-6864-0000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 346.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 11, 2018
Sold by
Atrium Homes Inc
Bought by
Jackson Michael Brian and Jackson Stephanie Kathrin
Seller's Agent
Art Ricks
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Kelly Wiggins
Water's Edge Real Estate LLC
List Price
$214,900
Sold Price
$218,900
Premium/Discount to List
$4,000
1.86%
Current Estimated Value
$382,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,828
Avg. Annual Appreciation
8.27%
Original Mortgage
$221,111
Outstanding Balance
$193,624
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$192,090

Purchase Details

Closed on
Jun 4, 1991
Bought by
Lanier & Associates Inc
Source: Public Records

Range of Values:

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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
Jackson Michael Brian $219,000 None Available
Lanier & Associates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Michael Brian $221,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $218,900 +1.9% $119 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $214,900 -- $117 / 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
2024 $2,084 $202,595 $50,000 $152,595
2023 $2,084 $202,595 $50,000 $152,595
2022 $1,697 $202,595 $50,000 $152,595
2021 $1,917 $202,595 $50,000 $152,595
2020 $1,671 $202,595 $50,000 $152,595
2019 $1,891 $202,595 $50,000 $152,595
2018 $346 $40,000 $40,000 $0
2017 $346 $40,000 $40,000 $0
2016 $342 $40,000 $40,000 $0
2015 $342 $40,000 $40,000 $0
2014 $264 $40,000 $40,000 $0
2013 -- $40,000 $40,000 $0
2012 -- $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100112506

Hive MLS

APN: 3247-61-6864-0000