NOT LISTED FOR SALE

402 Potomac Dr Chocowinity, NC 27817

Estimated Value: $480,630 - $518,000

3 Beds
3 Baths
2,432 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $425,000 $175 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,973/month

14 Days on Market

Highlights

  • Marina
  • On Golf Course
  • RV or Boat Storage in Community
  • Chocowinity Primary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of January 2023

Are you looking for a reasonably priced Golf course Home in the Cypress Landing Community?If so, here it is located alongside the par 5 12th fairway. This custom-built brick home was constructed by Zayton Rainer, one of the original master contractors offered and certified by the Cypress Landing development team. It features an open design concept/ living room, dining room, and open to the kitchen. The kitchen features large granite countertops and S/S appliances. Extra large M Bedroom, with sitting area, walk- in closet, newly updated bathroom w/ generous sized two person shower. As well there is a private walk out door way to the back deck from the MBR. A guest bedroom on the main level and full guest bathroom. Also on the main level is a 12 x 16 four season room w/ new mini-split AC unit. This room is an ideal location to relax and enjoy views of the golf course action. The second level has a private bedroom with a full bathroom. There is a two car garage which includes built in workspace and storage cabinets. In the backyard there is a sizable ground level patio for your outdoor parties.Cypress Landing Community has many lifestyle amenities for all family members to enjoy - come see for yourself!

Last Agent to Sell the Property

Bobby Clark

Coldwell Banker Sea Coast Advantage - Washington License #NC224088 Listed on: 11/07/2022

Coldwell Banker Sea Coast Advantage - Washington

Last Buyer's Agent

Sybil Kirkner

eXp Realty License #280523

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 122 x 254 x 122 x 275
  • On Golf Course
  • Level Lot

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Partially Finished Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Porch

Schools

  • Chocowinity Elementary And Middle School
  • Southside High School

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System
  • Heating System Uses Propane
  • Propane Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 16458

Community Details

Overview

  • Cypress Landing Subdivision

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 1995
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Skylights, Walk-In Closet, Walk-in Shower, Smoke Detectors, Foyer, Pantry, Gas Logs, Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 180.51
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2432.00
  • Total Heated Primary Separate Sq Ft: 2432.00

Exterior Features

  • Exterior Features: Gas Logs, Thermal Doors, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Brick/Mortar
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Washer, Vent Hood, Stove/Oven - Gas, See Remarks, Refrigerator, Microwave - Built-In, Humidifier/Dehumidifier, Dryer, Disposal, Dishwasher
  • Cooling System: Central, Heat Pump, See Remarks
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Town of Chocowinity
  • Service Providers Water Provider: Town of Chocowinity
  • Utilities: Municipal Sewer Available, Municipal Water Available
  • Water Heater: Propane
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Pickleball, Trail(s), Tennis Court(s), Taxes, Street Lights, RV/Boat Storage, Playground, Community Pool, Marina, Management, Golf Course, Fitness Center
  • HOAAssociationFee1Year: 1592.00

Lot Info

  • Deed Page: 670.00
  • Lot Acres: 0.73
  • Lot Description: Level, On Golf Course
  • Lot Dimensions: 122 x 254 x 122 x 275
  • Lot Sq Ft: 31799.00
  • Lot Water Features: Waterfront Comm
  • Zoning: Residential

Tax Info

  • Tax Identifier: 16458
  • Tax Year: 2021

MLS Schools

  • Elementary School: Chocowinity
  • High School: Southside
  • Middle School: Chocowinity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Sep 15, 2017
Sold by
Everett J Phillips
Bought by
Bonadies Louis and Bonadies Louise
Seller's Agent
Vivienne Afshari
Coldwell Banker Sea Coast Advantage - Washington
Buyer's Agent
Bobby Clark
Coldwell Banker Sea Coast Advantage - Washington
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$504,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,908
Avg. Annual Appreciation
6.07%
Original Mortgage
$310,000
Outstanding Balance
$258,033
Interest Rate
3.78%
Estimated Equity
$246,875

Purchase Details

Closed on
Mar 17, 1998
Bought by
Phillips Everett J and Phillips Shirley M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonadies Louis -- --
Phillips Everett J $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonadies Louis $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $425,000 -3.2% $175 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $439,000 +41.6% $181 / Sq Ft
09/15/2017 09/15/17 Sold $310,000 -1.6% $127 / Sq Ft View Prior Sale
07/30/2017 07/30/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $315,000 -- $130 / 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 $2,325 $398,746 $102,915 $295,831
2024 $2,489 $320,537 $75,010 $245,527
2023 $2,481 $320,537 $75,010 $245,527
2022 $2,476 $320,537 $75,010 $245,527
2021 $2,471 $320,537 $75,010 $245,527
2020 $2,499 $320,537 $75,010 $245,527
2019 $2,489 $320,537 $75,010 $245,527
2018 $2,414 $320,537 $75,010 $245,527
2017 $2,254 $329,519 $75,000 $254,519
2016 $2,158 $329,519 $75,000 $254,519
2015 $2,037 $0 $0 $0
2014 $2,037 $0 $0 $0
2013 -- $329,519 $75,000 $254,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100357190

Hive MLS

APN: 5674-83-6587