NOT LISTED FOR SALE

409 Somerset Way Newport, NC 28570

Estimated Value: $516,000 - $658,452

5 Beds
3.5 Baths
3,303 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $415,000 $126 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,388/month

18 Days on Market

Highlights

  • Boat Dock
  • Home fronts a sound
  • 1 Fireplace
  • Bogue Sound Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of May 2022

AS-IS Investor Special!! Bring your buyers and their boat! 5-bedroom 3.5 bathroom home on nearly half an acre in the gated waterfront community of Somerset Plantation in Newport. This home is tucked away down your long paved driveway surrounded by mature trees. Your parking pad and two-car garage give you plenty of space for your daily drivers and recreational vehicles. The covered front porch has brick steps leading up. The inside of this home features wood flooring, chair, and crown molding. The chef will swoon over the layout in your eat-in kitchen. There are wood cabinets, copious amounts of counter and storage space, all stainless-steel appliances including a Viking stove and a built-in refrigerator. Enjoy family meals by your bay window or more formal meals in the dining room. Enjoy cool nights by the brick fireplace in your living area. The side entry has a covered porch perfect for your seasonal decor and plants and inside you will find a den that could easily be made a utility room or play area for kids. The door in this room leads to your laundry room which includes built-in storage and a toilet. Large primary bedroom with private vanity room, private bathroom with built-in storage, and a HUGE walk-in closet. Additional bedroom has access to the walk-in attic that has been fully finished and equipped with a ceiling fan. The room over the garage has a closet and built-in storage which would make this space a great hobby or playroom. Two additional bedrooms with reach-in closets; one with carpet and one with hardwood floor. Additional bedrooms two full-sized bathrooms. Enjoy summers in your fenced-in backyard and grilling on your wood deck with built-in bench seating. This home is located blocks away from the Bogue Sound and the community boat ramp. Community amenities provide owners with a pool, tennis courts, boat ramp, and day dock. Conveniently located off HWY 24 and a short drive to Crystal Coast Beaches and MCAS Cherry Point.

Last Agent to Sell the Property

Margaret (Meg) Underwood

Realty ONE Group East License #277391 Listed on: 03/17/2022

Realty ONE Group East

Last Buyer's Agent

Pamela Saxman

Real Broker LLC License #275348

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1991

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 205x124x200x89
  • Home fronts a sound

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,303 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Well

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 634603134470000

Community Details

Overview

  • Somerset Plantation Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 1991

Lot Details

0

HOA Fees

$58 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: Two
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: None
  • List Price per Sq Ft: 151.07
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 3303.00
  • Total Heated Primary Separate Sq Ft: 3303.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Water Available, Well Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Boat Slip - Not Assigned
  • HOAAssociationFee1Year: 700.00

Lot Info

  • Deed Page: 237.00
  • Lot Acres: 0.47
  • Lot Dimensions: 205x124x200x89
  • Lot Number: 61
  • Lot Sq Ft: 20473.00
  • Lot Water Features: Sound Side
  • Plat Book: 26
  • Plat Page: 61
  • Zoning: Residential

Tax Info

  • Tax Identifier: 634603134470000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1662.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2005
Sold by
Hebb Bruce and Hebb Maria
Bought by
Luhmann Eric John and Luhmann Susan M
Current Estimated Value
$599,116

Purchase Details

Closed on
May 28, 1999
Source: Public Records

Range of Values:

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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
Luhmann Eric John $400,000 --
-- $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $415,000 -16.8% $126 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 Price Changed $499,000 -9.3% $151 / Sq Ft
03/17/2022 03/17/22 For Sale $550,000 -- $167 / 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 $1,831 $568,197 $79,618 $488,579
2024 $1,862 $389,930 $95,632 $294,298
2023 $1,936 $389,930 $95,632 $294,298
2022 $1,897 $389,930 $95,632 $294,298
2021 $1,819 $389,930 $95,632 $294,298
2020 $1,730 $389,930 $95,632 $294,298
2019 $1,676 $396,185 $86,180 $310,005
2017 $1,676 $396,185 $86,180 $310,005
2016 $1,676 $396,185 $86,180 $310,005
2015 $1,636 $396,185 $86,180 $310,005
2014 $1,561 $420,767 $89,799 $330,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317337

Hive MLS

APN: 6346.03.13.4470000