NOT LISTED FOR SALE

453 Summer House Dr Holly Ridge, NC 28445

Estimated Value: $692,000 - $897,000

0.18 Acre
$4,231,183 Price per Acre
7,841 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $50,000

Est. 1,423% increase in value since last sale

Current estimated payment $4,578/month

985 Days on Market

Highlights

  • 34 Feet of Waterfront
  • Boat Dock
  • Gated Community
  • Coastal Elementary Rated 10
  • Fitness Center
  • Clubhouse

About This Lot

As of March 2021

Waterfront on Spicer Lake! Seller financing offered on this lot for future build or let a builder buy it for you and build your dream house with no need for a construction loan! 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. This neighborhood is growing so quickly your equity will grow as well! 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 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! Our staff will help you choose a floor plan and design it to work on a great lot like this one with landscaping and exterior finishes and colors up to you. Or you could buy the lot for a future build. This lot has no wetlands. This exquisite neighborhood includes 6 Lakes, an amazing resort style swimming pool, open air pavilion, a 10,000 sq. ft Clubhouse w/Billiard room. Fitness Center, multiple picnic areas and nature parks complete with fire pits, 2 Tennis Courts, a playground, and 9 miles of walking/running trails. All only minutes to restaurants, shopping and the beach. Just a short drive to an International airport, downtown Wilmington, NC with a thriving art and film scene and the University of North Carolina! HOA Dues for this spectacular community are less than $85 a month!

Last Agent to Sell the Property

Dawn Berard

Sold Buy the Sea Realty License #236951 Listed on: 06/18/2018

Last Buyer's Agent

Mark Kranich

Destination Realty Corporation, LLC License #174425

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,759

Lot Details

  • 7,841 Sq Ft Lot
  • 34 Feet of Waterfront
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Dixon Elementary And Middle School
  • Dixon High School

Listing and Financial Details

  • Tax Lot 455
  • Assessor Parcel Number 762c-455

Community Details

Overview

  • Summerhouse On Everett Bay Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,759

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Lakefront
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private Road
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 34.00

Utilities

  • Fuel Tank: None
  • Utilities: Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Picnic Area, Tennis Court(s), Taxes, Pool, Playground, Management, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Gated, Fitness Center, Clubhouse
  • HOAAssociationFee1Year: 1000.00

Lot Info

  • Deed Page: 591.00
  • Lot Number: 455
  • Lot Sq Ft: 7841.00
  • Special Assessments: none known
  • Zoning: R-20
  • Acres: 0.18
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 251111.11
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 455
  • Lot View Type: Lake

Tax Info

  • Tax Identifier: 762c-455
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2025
Sold by
Morgan Martin J and Morgan Kristina G
Bought by
Jeffrey And Kristina Morgan Revocable Trust and Morgan
Current Estimated Value
$761,613

Purchase Details

Listed on
Jun 18, 2018
Closed on
Mar 23, 2021
Sold by
Petrillo Paul C and Petrillo Barbara A
Bought by
Morgan Martin J and Morgan Kristina G
Seller's Agent
Dawn Berard
Sold Buy the Sea Realty
Buyer's Agent
Mark Kranich
Destination Realty Corporation, LLC
List Price
$45,200
Sold Price
$50,000
Premium/Discount to List
$4,800
10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.62%

Purchase Details

Closed on
Jan 14, 2016
Sold by
Petrillo Paul C
Bought by
Petrillo Paul C and Petrillo Barbar A

Purchase Details

Closed on
Nov 8, 2012
Sold by
Petrillo Paul C and Petrillo Barbara A
Bought by
Petrillo Paul C and Paul C Petrillo Revocable Living Trust

Purchase Details

Closed on
Feb 29, 2012
Sold by
Petrillo Paul C and Petrillo Barbara A
Bought by
Petrillo Paul C and Petrillo Barbara A

Purchase Details

Closed on
Feb 2, 2010
Sold by
Federal Deposit Insurance Corporation
Bought by
Petrillo Paul C

Purchase Details

Closed on
Dec 16, 2008
Sold by
Claytor Elizabeth A and Claytor Martin J
Bought by
Suburban Federal Savings Bank

Purchase Details

Closed on
Dec 27, 2006
Sold by
Premier Realty Management Llc
Bought by
Claytor Martin J and Claytor Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,118
Interest Rate
9.37%
Mortgage Type
Unknown
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
Jeffrey And Kristina Morgan Revocable Trust -- None Listed On Document
Morgan Martin J $50,000 None Available
Petrillo Paul C -- Attorney
Petrillo Paul C -- None Available
Petrillo Paul C -- None Available
Petrillo Paul C $31,000 None Available
Suburban Federal Savings Bank $189,000 None Available
Claytor Martin J $396,000 None Available
Premier Realty Management Llc $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Premier Realty Management Llc $379,118
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $50,000 +10.6% --
02/27/2021 02/27/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $45,200 0.0% --
02/06/2021 02/06/21 Pending -- -- --
01/08/2021 01/08/21 Price Changed $45,200 -0.4% --
12/24/2020 12/24/20 Price Changed $45,400 -0.2% --
12/16/2020 12/16/20 Price Changed $45,500 -0.2% --
12/02/2020 12/02/20 Price Changed $45,600 -0.2% --
11/25/2020 11/25/20 Price Changed $45,700 -0.2% --
11/19/2020 11/19/20 Price Changed $45,800 -0.2% --
11/11/2020 11/11/20 Price Changed $45,900 +4.3% --
06/18/2018 06/18/18 For Sale $44,000 -- --
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 $5,759 $578,756 $70,000 $508,756
2024 $5,547 $557,474 $70,000 $487,474
2023 $697 $70,000 $70,000 $0
2022 $704 $70,000 $70,000 $0
2021 $329 $30,000 $30,000 $0
2020 $329 $30,000 $30,000 $0
2019 $330 $30,000 $30,000 $0
2018 $333 $30,000 $30,000 $0
2017 $327 $30,000 $30,000 $0
2016 $327 $30,000 $0 $0
2015 $327 $30,000 $0 $0
2014 $327 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100121445

Hive MLS

APN: 069465