NOT LISTED FOR SALE

4011 Covedale Ln Saint James, NC 28461

Estimated Value: $1,185,000 - $1,432,000

0.51 Acres
$2,572,071 Price per Acre
22,120 Sq Ft Lot

Sale Details

Date Sold: July 31, 2014

Last sale price $112,500

Est. 1,066% increase in value since last sale

Current estimated payment $7,456 / mo

61 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Clubhouse
  • Community Boat Dock
  • Fitness Center
  • Wooded Lot

About This Lot

As of July 2014

Wonderful location and views from this half acre plus homesite, situated in mature neighborhood of The Reserve. Picturesque pond and nature views to rear. Convenient to Reserve Clubhouse, Seaside amenities and Front Gate.

Last Agent to Sell the Property

Joan Justice

St James Properties LLC Listed on: 05/30/2014

Last Buyer's Agent

Ken Keegan

Coldwell Banker Sea Coast Advantage License #196579

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $493

Lot Details

  • 22,120 Sq Ft Lot
  • Lot Dimensions are 73x259x146x187
  • Wooded Lot
  • Property is zoned SJ-EPUD

HOA Fees

  • $66 Monthly HOA Fees

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 207709068621

Community Details

Overview

  • St James Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Community Boat Dock
  • Community Boat Slip
  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Security
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$493

Lot Details

0.51 Acres

HOA Fees

$66 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • Original List Price: 139000.00
  • Island Or Mainland: Mainland
  • List Price Per Acre: 272549.02
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront?: No

Condo/Co-op/Association

  • Association Amenities: Boat Slip - Not Assigned, Boat Dock, Clubhouse, Fitness Center, Golf Course, Maintenance Common Areas, Management, Marina, Picnic Area, Restaurant, RV/Boat Storage, Security, Street Lights, Tennis Court(s), Pool
  • Association Fees: 790.00
  • Has H O A?: Yes

Lot Info

  • Deed Book: 3253
  • Deed Page: 606.00
  • Lot Number: 58
  • Zoning: SJ-EPUD
  • Topography: Wooded
  • Lot Size Acres: 0.51
  • Lot Size: 73X259X146X187
  • Lot Size Sq Ft: 22120.00
  • Purchase Contract Date: 2014-07-30
  • Parcel#: 207709068621

Tax Info

  • Tax Year: 2013
  • Total City Real Estate Property Tax: 493.00
  • Tax Map Number: 204PC026
  • Tax Amount: 493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 31, 2014
Sold by
Tree Huggers Of Southport Llc
Bought by
Bader Michael F and Bader Rona M
Seller's Agent
Joan Justice
St James Properties LLC
Buyer's Agent
Ken Keegan
Coldwell Banker Sea Coast Advantage
List Price
$139,000
Sold Price
$112,500
Premium/Discount to List
-$26,500
-19.06%
Current Estimated Value
$1,311,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,199,256
Avg. Annual Appreciation
23.36%

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 29, 2012
Sold by
Branch Banking & Trust Company
Bought by
Tree Huggers Of Southport Llc
Seller's Agent
The Donohue Group
NC Coastal Living
Buyer's Agent
Thomas Rechichar
St James Properties LLC
List Price
$68,000
Sold Price
$55,000
Premium/Discount to List
-$13,000
-19.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.77%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Micai Dennis C and Micai Donna M
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Nov 5, 2005
Sold by
Dematteo Nicholas P and Dematteo Kathleen P
Bought by
Micai Dennis and Micai Donna

Purchase Details

Closed on
May 10, 2005
Sold by
Reserve Development Co Llc
Bought by
Dematteo Nicholas P and Dematteo Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
6.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bader Michael F $112,500 None Available
Tree Huggers Of Southport Llc $55,000 None Available
Branch Banking & Trust Company -- None Available
Micai Dennis $273,000 None Available
Dematteo Nicholas P $166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dematteo Nicholas P $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2014 07/31/14 Sold $112,500 -19.1% --
07/30/2014 07/30/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $139,000 +152.7% --
03/29/2012 03/29/12 Sold $55,000 -19.1% -- View Prior Sale
03/28/2012 03/28/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $68,000 -- --
Source: Hive MLS

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 $3,907 $1,046,280 $320,000 $726,280
2024 $39 $1,046,280 $320,000 $726,280
2023 $3,522 $972,200 $320,000 $652,200
2022 $3,522 $646,550 $110,000 $536,550
2021 $3,522 $646,550 $110,000 $536,550
2020 $3,522 $646,550 $110,000 $536,550
2019 $3,522 $130,450 $110,000 $20,450
2018 $3,145 $107,460 $85,000 $22,460
2017 $3,145 $107,460 $85,000 $22,460
2016 $3,145 $107,460 $85,000 $22,460
2015 $477 $89,250 $89,250 $0
2014 $493 $100,000 $100,000 $0
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 20683671

Hive MLS

APN: 204PC026

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