NOT LISTED FOR SALE

416 Madewood Ln Newport, NC 28570

Estimated Value: $38,906

3.75 Acres
$10,375 Price per Acre
163,350 Sq Ft Lot

Last Sold May 24, 2021

Last sale price $27,500

Est. 41% increase in value since last sale

Current estimated payment $248/month

69 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 242 Feet of Waterfront
  • 3.75 Acre Lot
  • Newport Middle School Rated A-
  • Boat Dock
  • Wetlands on Lot

About This Lot

As of May 2021

NEW LOWER PRICE!Private cul de sac location for this 3.75 acre lot in newer development just outside Newport close to Cherry Point & Beaufort. Hear the quiet as you enjoy nature and wildlife. Community Dock for kayaks and canoes. Lot has great water and marsh views and is large enough to allow for your perfect home. 3 brm septic permit on file. Mostly cleared and ready for building.

Last Agent to Sell the Property

Alan Leary

RE/MAX Ocean Properties License #125734 Listed on: 02/08/2021

RE/MAX Ocean Properties

Last Buyer's Agent

Alan Leary, III

Century 21 Coastal Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $282

Lot Details

  • 3.75 Acre Lot
  • Lot Dimensions are 110 x 9134 x 242 x 9134
  • Property fronts a marsh
  • 242 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Rural Setting
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R15M

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Newport Elementary And Middle School
  • West Carteret High School

Utilities

  • Water Rights
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 638903209134000

Community Details

Overview

  • Chadwick Shores HOA, Phone Number (252) 531-7525
  • Chadwick Shores Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$282

Lot Details

0

HOA Fees

$21 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 110
  • Water Frontage: 242.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Carteret County
  • Utilities: Municipal Water, Municipal Water Available, Septic Permit on file

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock, Maint - Comm Areas, Maint - Roads, Street Lights, Tax Comm Areas
  • Annual HOA: 250.00
  • HOA Company: Chadwick Shores HOA
  • HOA Phone: 252-531-7525

Schools

  • School District: Carteret

Lot Info

  • Deed Book: 1345
  • Deed Page: 407.00
  • Lot Description: Cul-de-Sac Lot, Deeded Water Rights, Open, Rural, Subdivision, Wetlands
  • Lot Dimensions: 110 x 9134 x 242 x 9134
  • Lot Number: 4
  • Lot Sq Ft: 163350.00
  • Lot Water Features: Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Marsh Front, Water Access Comm, Waterfront Comm
  • Plat Book: 31
  • Plat Page: 562
  • Zoning: R15M
  • Cleared Acres: 3.75
  • Acres: 3.75
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 8506.67
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Level, Marsh/Wetland
  • Lot Number2: 4

Tax Info

  • Tax Identifier: 638903209134000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 282.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Newport
  • High School: West Carteret
  • Middle School: Newport
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 24, 2021
Sold by
Mcmanus Aubrey David and Mcmanus Susan Taylor
Bought by
Corso Benjamin J and Corso Lynn Marie
Seller's Agent
Alan Leary
RE/MAX Ocean Properties
Buyer's Agent
Alan Leary, III
Century 21 Coastal Advantage
List Price
$31,900
Sold Price
$27,500
Premium/Discount to List
-$4,400
-13.79%
Current Estimated Value
$38,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,406
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Oct 30, 2009
Sold by
North Carolina Coast & Lakes Llc
Bought by
Mcmanus Aubrey David and Mcmanus Susan Taylor
Source: Public Records

Range of Values:

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Average Value
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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
Corso Benjamin J $27,500 None Available
Corso Benjamin J $27,500 None Listed On Document
Mcmanus Aubrey David $45,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $27,500 -13.8% --
04/18/2021 04/18/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $31,900 -- --
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 $250 $64,163 $64,163 $0
2024 $274 $54,226 $54,226 $0
2023 $274 $54,226 $54,226 $0
2022 $268 $54,226 $54,226 $0
2021 $0 $54,226 $54,226 $0
2020 $282 $54,226 $54,226 $0
2019 $181 $36,226 $36,226 $0
2017 $170 $36,226 $36,226 $0
2016 $165 $36,226 $36,226 $0
2015 $161 $36,226 $36,226 $0
2014 $191 $42,964 $42,964 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100255923

Hive MLS

APN: 6389.03.20.9134000