NOT LISTED FOR SALE

465 N Broad St Seagrove, NC 27341

Estimated Value: $501,000 - $679,327

5 Beds
5.5 Baths
3,400 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $589,000 $173 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,415/month

284 Days on Market

Highlights

  • Dining Room with Fireplace
  • Main Floor Primary Bedroom
  • No HOA
  • Sycamore Elementary School Rated A
  • Farmhouse Style Home
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

INCOME PRODUCING! 1914 Farmhouse converted into profitable B&B. Fully Furnished. Hardwoods & Bead Board throughout. The house has 4BR's, each w/its own bath. Main level has 1 BR, 1/2 BA, LR, DR, KITCH, breakfast area, and laundry. Upstairs has 3 BR, 3 BA, Flex Room (office/storage/coffee station), linens & hall sitting area. 4 out buildings are on the property. 3 of them are connected via a wood deck & are currently used for storage, & could be converted into artist studios, pottery workshops, gift shops, or event space. One of the buildings is a children’s play house, and the other is the original tobacco barn. Current owner's quarters is a 1BR, 1BA house w/a new kitchen w/new flooring, large pantry, & fresh paint. 2nd floor loft could be used as 2nd BR, office or bonus living space. The house could also be used to generate additional income. The elegant grounds are perfect for special events, festivals, weddings, & corporate gatherings. Current owner is willing to stay on and train.

Last Agent to Sell the Property

Michelle Nelson

Real Broker, LLC License #307479 Listed on: 08/30/2021

Real Broker, LLC

Last Buyer's Agent

Michelle Nelson

Real Broker, LLC License #307479 Listed on: 08/30/2021

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 1914

Lot Details

  • 3.12 Acre Lot
  • Cleared Lot
  • Property is zoned R10

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 3,179 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7665743734
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,141

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 3.12
  • Subdivision Name: None
  • Directions: Take I-73/74 South. Exit #61 705 (Seagrove). Left on 705. Left at stoplight. Duck Smith B&B on left.
  • Above Grade Finished Sq Ft: 3179
  • Architectural Style: Farm House
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1914
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 3179
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7665743734
  • Zoning: R10
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 3141
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.7267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Jun 28, 2022
Sold by
Willette and Mark
Bought by
Steinhart Jeremy and Steinhart Jessica
Seller's Agent
Michelle Nelson
Real Broker, LLC
Buyer's Agent
Michelle Nelson
Real Broker, LLC
List Price
$695,000
Sold Price
$589,000
Premium/Discount to List
-$106,000
-15.25%
Current Estimated Value
$592,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,832
Avg. Annual Appreciation
0.19%

Purchase Details

Listed on
Aug 27, 2019
Closed on
Mar 12, 2020
Sold by
Duck Smith Of Seagrove Llc
Bought by
Willette Marcia
Seller's Agent
Teresa Coleman
Action Property, Inc.
Buyer's Agent
Michelle Nelson
Real Broker, LLC
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.79%
Original Mortgage
$69,900
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2005
Sold by
Naradzay Sarah H
Bought by
Duck Smith Of Seagrove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1997
Bought by
Duck Smith Of Seagrove Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steinhart Jeremy $589,000 None Listed On Document
Willette Marcia $300,000 None Available
Duck Smith Of Seagrove Llc $325,000 Bb&T
Duck Smith Of Seagrove Llc $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willette Marcia $69,900
Previous Owner Duck Smith Of Seagrove Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $589,000 -15.3% $210 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
08/30/2021 08/30/21 For Sale $695,000 +131.7% $248 / Sq Ft
03/12/2020 03/12/20 Sold $299,900 -- $143 / Sq Ft View Prior Sale
Source: Triad 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 $3,418 $361,980 $117,810 $244,170
2024 $3,418 $361,980 $117,810 $244,170
2023 $3,418 $361,980 $117,810 $244,170
2022 $3,156 $292,820 $117,810 $175,010
2021 $3,141 $292,820 $117,810 $175,010
2020 $3,141 $292,820 $117,810 $175,010
2019 $3,141 $292,820 $117,810 $175,010
2018 $2,938 $276,550 $117,810 $158,740
2016 $2,911 $276,551 $117,810 $158,741
2015 $2,918 $276,551 $117,810 $158,741
2014 -- $276,551 $117,810 $158,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1040578

Triad MLS

APN: 7665-74-3734