NOT LISTED FOR SALE

404 Summer House Dr Holly Ridge, NC 28445

Estimated Value: $630,000 - $792,000

0.27 Acre
$2,544,493 Price per Acre
11,761 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $39,900

Est. 1,622% increase in value since last sale

Current estimated payment $4,115/month

1,055 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Fitness Center
  • Coastal Elementary Rated 10
  • Boat Ramp
  • Gated Community

About This Lot

As of July 2020

Amazing opportunity to purchase a lot while the prices are literally pennies on the dollar of what these lots will sell for soon. Your home plan options are huge on this wonderful lot in a resort community. Municipal water and Community sewer are available for a quick easy build. With 4500 sq ft of impervious space and minimum square footage is 2400 the possibilities are endless. Build a custom home at spec house prices in a gated, luxury community with access to the Intracoastal Waterway! Our builders will buy this .27 acre lot for you and help you acquire the financing to build your dream home! No construction loan needed they will carry the construction loan through completion!

Last Agent to Sell the Property

Dawn Berard

Sold Buy the Sea Realty License #236951 Listed on: 07/21/2017

Last Buyer's Agent

Bowen Real Estate Group

Keller Williams Transition

Keller Williams Transition

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,065

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 63x184x60x203
  • Property fronts a private road
  • Open Lot
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $73 Monthly HOA Fees

Schools

  • Dixon Elementary And Middle School
  • Dixon High School

Additional Features

  • Water Views
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 492
  • Assessor Parcel Number 762c-492

Community Details

Overview

  • Cams HOA, Phone Number (910) 256-2021
  • Summerhouse On Everett Bay Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Boat Ramp

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,065

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Fuel Tank: None
  • Utilities: Community Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Dock, Fitness Center, Gated Community, Maint - Comm Areas, Maint - Roads, Picnic Grounds, Playground, Pool, Tax Comm Areas, Tennis, Trails
  • Annual HOA: 880.00
  • HOA Company: CAMS
  • HOA Phone: 910-256-2021

Lot Info

  • Deed Book: 3790
  • Deed Page: 816.00
  • Lot Description: Open
  • Lot Dimensions: 63x184x60x203
  • Lot Number: 492
  • Lot Sq Ft: 11761.00
  • Lot Water Features: Boat Dock, Boat Ramp
  • Zoning: R-20
  • Acres: 0.27
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 147777.78
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 492

Tax Info

  • Tax Identifier: 762c-492
  • Tax Year: 2016

MLS Schools

  • Elementary School: Dixon
  • High School: Dixon
  • Middle School: Dixon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2021
Sold by
Logan Developers I Inc
Bought by
Moranha Michael Wayne and Moranha Dawn Davis
Current Estimated Value
$687,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$236,513
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$450,500

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jul 15, 2020
Sold by
Howe Michael H and Howe Kelly L
Bought by
Logan Developers Inc
Seller's Agent
Dawn Berard
Sold Buy the Sea Realty
Buyer's Agent
Bowen Real Estate Group
Keller Williams Transition
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.23%

Purchase Details

Listed on
Apr 18, 2012
Closed on
May 30, 2012
Sold by
Murphy Thomas M and Murphy Candace M
Bought by
Howe Michael J and Howe Kelly L
Seller's Agent
Tina Abraham
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$15,000
Sold Price
$11,200
Premium/Discount to List
-$3,800
-25.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.94%

Purchase Details

Closed on
Apr 23, 2007
Sold by
R A North Development I Inc
Bought by
Murphy Thomas M and Murphy Candace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,292
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moranha Michael Wayne $415,500 None Available
Logan Developers Inc $40,000 None Available
Howe Michael J $12,000 None Available
Murphy Thomas M $146,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moranha Michael Wayne $265,000
Previous Owner Murphy Thomas M $131,292
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2020 07/15/20 Sold $39,900 0.0% --
06/10/2020 06/10/20 Pending -- -- --
07/21/2017 07/21/17 For Sale $39,900 +256.3% --
06/05/2012 06/05/12 Sold $11,200 -25.3% -- View Prior Sale
05/17/2012 05/17/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $15,000 -- --
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 $5,065 $509,018 $50,000 $459,018
2024 $5,065 $509,018 $50,000 $459,018
2023 $5,065 $509,018 $50,000 $459,018
2022 $5,116 $509,018 $50,000 $459,018
2021 $3,409 $311,310 $20,000 $291,310
2020 $219 $20,000 $20,000 $0
2019 $220 $20,000 $20,000 $0
2018 $222 $20,000 $20,000 $0
2017 $218 $20,000 $20,000 $0
2016 $218 $20,000 $0 $0
2015 $218 $20,000 $0 $0
2014 $218 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100073695

Hive MLS

APN: 069502