NOT LISTED FOR SALE

417 Mitchell St Unit A&B Southport, NC 28461

Estimated Value: $277,000 - $615,000

4 Beds
4 Baths
2,160 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $192,500 $89 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,484/month

53 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Air
  • Southport Elementary School Rated 9+
  • Brick Exterior Construction
  • Ceiling Fan

About This Home

As of June 2020

Looking for a rental to produce your own income. Use one side for second home and rent out the other. This duplex is located in the quaint coastal town of Southport. Close proximity to downtown restaurants, historic landmarks and unique shops. Oak Island Beaches just 12 miles. Don't let this opportunity to own an investment property in The Happiest Seaside Town in America. Call for a showing!!!

Last Agent to Sell the Property

Joann Kimball

RE/MAX Southern Coast Listed on: 03/19/2020

Last Buyer's Agent

Brian Deutsch

Southport Realty, Inc. License #231432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x148

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pine Needle Grove Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 238ad028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,714

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Brick/Stone, Concrete, Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 110.65
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 896.00
  • Lot Acres: 0.25
  • Lot Dimensions: 75x148
  • Lot Number: 33
  • Lot Sq Ft: 11100.00
  • Plat Book: 04
  • Plat Page: 66
  • Special Assessments: none known
  • Zoning: R10

Tax Info

  • Tax Identifier: 238ad028
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 518.53
  • Total Real Estate Property Taxes: 1714.46

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 16, 2020
Sold by
Bolling Raymond L
Bought by
Bolling Judith
Seller's Agent
Joann Kimball
RE/MAX Southern Coast
Buyer's Agent
Brian Deutsch
Southport Realty, Inc.
List Price
$269,000
Sold Price
$192,500
Premium/Discount to List
-$76,500
-28.44%
Current Estimated Value
$431,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,911
Avg. Annual Appreciation
16.25%

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 15, 2020
Sold by
Bolling Judith
Bought by
Vrm Holdings D Llc
Seller's Agent
Joann Kimball
RE/MAX Southern Coast
Buyer's Agent
Brian Deutsch
Southport Realty, Inc.
List Price
$269,000
Sold Price
$192,500
Premium/Discount to List
-$76,500
-28.44%

Purchase Details

Closed on
Jun 23, 2010
Sold by
Bank Of New York Mellon
Bought by
Bolling Raymond L and Bolling Judith

Purchase Details

Closed on
Nov 28, 2009
Sold by
Losch Mary and Losch John
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Aug 15, 2006
Sold by
Mitchell Street Properties Llc
Bought by
Losch John and Losch Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
9.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 7, 2006
Sold by
Obrecht William Frederick and Obrecht Penelope
Bought by
Mitchell Street Properties Llc

Purchase Details

Closed on
Aug 2, 2005
Sold by
Southport&South Properties Inc
Bought by
Obrecht William F and Obrecht Penelope R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
Bolling Judith -- None Available
Vrm Holdings D Llc $193,000 None Available
Bolling Raymond L $95,000 None Available
Bank Of New York Mellon $127,500 None Available
Losch John $275,000 Transcontinental Title Co
Mitchell Street Properties Llc -- None Available
Obrecht William F $220,000 None Available
South Propertis Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Losch John $247,500
Previous Owner South Propertis Inc $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2020 06/16/20 Sold $192,500 -28.4% $89 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $269,000 -- $125 / 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 $2,649 $324,960 $122,000 $202,960
2024 $2,649 $324,960 $122,000 $202,960
2023 $2,214 $324,960 $122,000 $202,960
2022 $2,214 $197,020 $75,000 $122,020
2021 $1,892 $197,020 $75,000 $122,020
2020 $1,892 $197,020 $75,000 $122,020
2019 $1,892 $75,790 $75,000 $790
2018 $1,676 $60,960 $60,000 $960
2017 $1,651 $60,960 $60,000 $960
2016 $1,516 $60,960 $60,000 $960
2015 $1,516 $170,720 $60,000 $110,720
2014 $1,379 $161,932 $55,250 $106,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100210101

Hive MLS

APN: 238AD028