NOT LISTED FOR SALE

402 Somerset Way Newport, NC 28570

Newport Area

Estimated Value: $564,000 - $676,179

3 Beds
3 Baths
3,035 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2023

Last sale price $568,000 $187 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,674 / mo

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Boat Dock
  • Gated Community
  • Bogue Sound Elementary School Rated A-
  • Home fronts a sound
  • Deck

About This Home

As of April 2023

One 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

Bailey Basnight Real Estate

Bluewater Real Estate AB License #281517 Listed on: 02/22/2023

Last Buyer's Agent

Brittany Mess

Terri Alphin Smith & Co License #326770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1997

Lot Details

  • 39,640 Sq Ft 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

  • Community Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,667

Year Built

Built in 1997

Lot Details

0.91 Acres

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Microwave - Built-In, Range, Refrigerator, Water Softener
  • List Priceper Sq Ft: 187.15
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1667.04
  • Waterview: No
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Basement: None
  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Wood
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Bookcases, Ceiling Fan(s), Foyer, Gas Logs, Generator Plug, Kitchen Island, Pantry, Smoke Detectors, Solid Surface, Walk-in Shower, Walk-In Closet, Whirlpool
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom1 Level: Second
  • Bedroom2 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 3035.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 3035.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Wood
  • Foundation: Brick/Mortar, Crawl Space
  • Porch Balcony Deck: Covered, Deck, Porch
  • Road Type Frontage: Maintained, Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Road Frontage Type: See Remarks

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Additional Parking, Attached, Concrete, Off Street, Paved

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Community Water, Septic On Site, Water Connected
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • Heating System Fuel Source: Electric
  • Trash Collection: Private Service

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Boat Slip - Not Assigned, Community Pool, Gated, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Management, Master Insure, Ramp, Taxes, Tennis Court(s)
  • H O A Association Fee1 Year: 1200.00
  • H O A H O A1 Mgmt Company: Somerset HOA

Schools

  • Elementary School: Bogue Sound
  • High School: Croatan
  • Middle School: Broad Creek

Lot Info

  • Cobra Zone: No
  • Deed Page: 422.00
  • Lot Acres: 0.91
  • Lot Description: Corner Lot
  • Lot Dimensions: 219 X 189 x 214 x 203
  • Lot Number: 33 and 34
  • Lot Sq Ft: 39640.00
  • Lot Water Features: Deeded Water Rights, Sound Side, Water Access Comm, Waterfront Comm
  • Zoning: R 20

Rental Info

  • Pets Allowed Pets Allowed: Yes

Tax Info

  • Tax Identifier: 634603132742000
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 30, 2023
Sold by
Bought by
Seller's Agent
Bailey Basnight Real Estate
Bluewater Real Estate AB
Buyer's Agent
Brittany Mess
Terri Alphin Smith & Co
List Price
$568,000
Sold Price
$568,000
Views
15
Current Estimated Value
$629,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,545
Avg. Annual Appreciation
3.15%
Original Mortgage
$577,940
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$568,000 Chicago Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $630,000
Closed $577,940
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • B

    Seller's Agent in 2023

    Bailey Basnight Real Estate

    Bluewater Real Estate AB

  • Brittany Mess

    Buyer's Agent in 2023

    Brittany Mess

    Terri Alphin Smith & Co

    (228) 382-7953

    1 in this area

    74 Total Sales

    Brittany Mess
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Map

Source: Hive MLS

MLS Number: 100370709

Hive MLS

APN: 6346.03.13.2742000

North Carolina Carteret County Newport 28570

402 Somerset Way, Newport, NC

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Hive MLS 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. ©2026 Hive MLS LLC

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