Seller's Agent in 2023
Bailey Basnight Real Estate
Coldwell Banker Sea Coast AB
(252) 241-1200
29 in this area
304 Total Sales
402 Somerset Way Newport, NC 28570
Estimated Value: $591,000 - $685,000
3
Beds
3
Baths
3,035
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Boat Dock
- Gated Community
- Bogue Sound Elementary School Rated A-
- Home fronts a sound
- Deck
About This Home
As of April 2023One of the premier Carteret County waterfront neighborhoods, this gated community offers a community pool, tennis courts, day dock, and boat ramp, all in a beautifully established natural setting. This Cape Cod home stately sits on the back of a double corner lot. The welcoming front porch with dormers provides great curb appeal and lots of relaxing rocker time. Classic features and lovingly maintained, this house stands the test of time. There is a traditional feel with wood floors, a neutral palette, and walls lined with windows to bring in the sunshine.- Hardi-plank siding was recently painted in 2019. Almost $50,000 in upgrades in the last 4 years including 50 year shingled new roof (2019), new LVP flooring downstairs laundry, kitchen and living room, new HVAC's (2018,2020), new garage door ,etc. See list under documents. Located so close to Bogue Sound, you'll love morning and evening walks down to sit on the dock. Gorgeous sunrises and sunsets abound. Generous spaces in addition to private ones makes this house perfect for entertaining large or small groups. The current seller has served many a delicious meal and batches of home made cookies for neighbors and friends from the large cook friendly kitchen. The large additional bonus room upstairs has a closet and is plumbed for a 4th bath if needed. Storage is everywhere including in the garage, pantry, utility room and TWO walk in attics. The interior is super comfortable and the outdoor areas make it easy to enjoy Bogue Sound breezes. Cookouts on the back deck, pool parties down the street and walks in this beautiful friendly neighborhood await! Award winning Croatan School District is an added bonus. Showings start Sunday Mar 4 at 11:30
Last Agent to Sell the Property
Coldwell Banker Sea Coast AB License #281517 Listed on: 02/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,667
Year Built
- Built in 1997
Lot Details
- 0.91 Acre Lot
- Lot Dimensions are 219 x 189 x 214 x 203
- Home fronts a sound
- Property fronts a private road
- Fenced Yard
- Wood Fence
- Corner Lot
- Property is zoned R 20
HOA Fees
- $100 Monthly HOA Fees
Home Design
- Brick Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 3,035 Sq Ft Home
- 2-Story Property
- Bookcases
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Family Room
- Formal Dining Room
- Bonus Room
- Crawl Space
- Washer and Dryer Hookup
- Attic
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
- Walk-in Shower
Home Security
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Parking
- 2 Car Detached Garage
- Driveway
- Additional Parking
- Off-Street Parking
Accessible Home Design
- Accessible Ramps
Outdoor Features
- Deeded Waterfront Access Rights
- Deck
- Covered Patio or Porch
Schools
- Bogue Sound Elementary School
- Broad Creek Middle School
- Croatan High School
Utilities
- Heat Pump System
- Generator Hookup
- Electric Water Heater
- Water Softener
- On Site Septic
- Septic Tank
Listing and Financial Details
- Tax Lot 33 and 34
- Assessor Parcel Number 634603132742000
Community Details
Overview
- Master Insurance
- Somerset Plantation Subdivision
- Maintained Community
Recreation
- Boat Dock
- Community Boat Slip
- Tennis Courts
- Community Pool
Security
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2023
Closed on
Mar 30, 2023
Sold by
Ellis Elva Lucille Smith and Ellis John William
Bought by
Austin Richard Stephen and Austin Stephenie
Seller's Agent
Bailey Basnight Real Estate
Coldwell Banker Sea Coast AB
Buyer's Agent
Brittany Mess
Terri Alphin Smith & Co
List Price
$568,000
Sold Price
$568,000
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,936
Avg. Annual Appreciation
5.77%
Original Mortgage
$577,940
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 2006
Sold by
Ellis John William and Ellis Elva Lucille Smith
Bought by
Ellis Elva Lucille Smith
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Austin Richard Stephen | $568,000 | Chicago Title | |
| Ellis Elva Lucille Smith | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Austin Richard Stephen | $577,940 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2023 04/05/23 | Sold | $568,000 | 0.0% | $187 / Sq Ft |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- |
| 03/04/2023 03/04/23 | For Sale | $568,000 | -- | $187 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,729 | $579,690 | $89,786 | $489,904 |
| 2024 | $1,584 | $373,342 | $83,660 | $289,682 |
| 2023 | $1,861 | $373,342 | $83,660 | $289,682 |
| 2022 | $1,824 | $373,342 | $83,660 | $289,682 |
| 2021 | $1,592 | $373,342 | $83,660 | $289,682 |
| 2020 | $1,664 | $373,342 | $83,660 | $289,682 |
| 2019 | $1,625 | $382,745 | $75,392 | $307,353 |
| 2017 | $1,625 | $382,745 | $75,392 | $307,353 |
| 2016 | $1,625 | $382,745 | $75,392 | $307,353 |
| 2015 | $1,587 | $382,745 | $75,392 | $307,353 |
| 2014 | $1,480 | $398,585 | $78,489 | $320,096 |
Source: Public Records
Agents Affiliated with this Home
-
Bailey Basnight Real Estate
-
Brittany Mess
Buyer's Agent in 2023
Brittany Mess
Terri Alphin Smith & Co
(228) 382-7953
1 in this area
80 Total Sales
Map
Source: Hive MLS
MLS Number: 100370709
APN: 6346.03.13.2742000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
Nearby Homes
- 107 Ricky Ln
- 304 Brook Ln
- 107 Paradise Ln
- 122 Oriental Ct
- 162 Water Oak Dr
- 203 E Southwinds Dr
- 116 Spencer Ln
- 154 Canton St
- 103 Laurel Ln
- 388 W Southwinds Dr
- 339 E Southwinds Dr
- 306 Rattan St
- 234 Deep Bay Dr
- 233 Deep Bay Dr
- 301 Murdoch Rd
- 401 Scot Dr
- 124 Pine Bluff Dr
- 341 Mccabe Rd
- 347 Mccabe Rd
- 215 Oak Dr
- 105 Portsmouth Ln
- 506 Somerset Way
- 404 Somerset Way
- 104 Barringer Dr
- 106 Portsmouth Ln
- 403 Somerset Way
- 104 Portsmouth Ln
- 405 Somerset Way
- 401 Somerset Way
- 304 Somerset Way
- 106 Barringer Dr
- 107 Portsmouth Ln
- 407 Somerset Way
- 309 Somerset Way
- 108 Portsmouth Ln
- 108 Barringer Dr
- 307 Somerset Way
- 409 Somerset Way
- 105 Gloucester Ct
- 109 Portsmouth Ln