NOT LISTED FOR SALE

48 Cherry Rd Southport, NC 28461

Boiling Spring Lakes Area

Estimated Value: $287,000 - $293,601

4 Beds
4 Baths
1,800 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2025

Last sale price $289,000 $161 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,703 / mo

176 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wood Fence
  • Thermal Windows
  • Ceiling Fan
  • Heat Pump System

About This Home

As of December 2025

Duplex Investment Opportunity in Boiling Spring Lakes! Looking for a solid rental property in a great location? This 4-bedroom, 4-bathroom duplex offers strong rental history and income potential. Each 2-bedroom, 2-bathroom unit features laminate floors, ceramic tile, and open living spaces. The fenced backyard provides privacy with a divider between units, and separate driveways offer convenient parking. Located near the main road for easy access, this property is just minutes from the beach and downtown Southport. Plus, residents can enjoy community amenities like a boat ramp, tennis and basketball courts, a fitness center, scenic trails, a playground, and an 18-hole golf course. A prime investment in a growing area—don't miss this opportunity!

Last Agent to Sell the Property

Hank Troscianiec & Associates

Keller Williams Innovate-OKI Listed on: 04/02/2025

Keller Williams Innovate-OKI

Last Buyer's Agent

Hank Troscianiec & Associates

Atlantic Realty Professionals, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 70x150x70x150
  • Property fronts a state road
  • Wood Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Laminate Flooring
  • Crawl Space

Parking

  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Schools

  • Bolivia 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
  • 2 Units
  • Boiling Spring Lakes Subdivision
  • Park Manager: Yes

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 142je022

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

10,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 2004
  • Property Sub Type: Duplex
  • Original List Price: 389000.00
  • Unit Levels: One
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 216.11
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Master Downstairs, Ceiling Fan(s)
  • Stories: 1
  • Furnished: Unfurnished
  • Total Bedrooms: 4
  • Has Fireplace?: No
  • Window Features: Thermal Windows
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Roof: Shingle
  • Pool Features: None
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: None
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Off Street, On Site, Paved

Utilities

  • Utilities: Water Available, Water Connected
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Fuel Tank Details: None
  • Sewer Provider: Septic Tank
  • Electric Provider: Duke Energy

Condo/Co-op/Association

  • Association Amenities: See Remarks
  • Has H O A?: No

Fee Information

  • Park Manager Name: Yes

Schools

  • Elementary School: Bolivia
  • High School: South Brunswick
  • Junior High Dist: Brunswick County Schools
  • Middle Or Junior School: South Brunswick

Lot Info

  • Deed Book: 03432
  • Deed Page: 660.00
  • Lot Number: 7
  • Zoning: R4
  • Lot Size Acres: 0.24
  • Lot Size: 70x150x70x150
  • Lot Size Sq Ft: 10500.00
  • Purchase Contract Date: 2025-09-22
  • Parcel#: 142je022
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Block: 336
  • Tax Book Number: H
  • Tax Map Number: 142JE022
  • Tax Other Assessment Amount Frequency: NA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Feb 2, 2026
Sold by
Bought by
Seller's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
Buyer's Agent
Hank Troscianiec & Associates
Atlantic Realty Professionals, Inc
List Price
$420,000
Sold Price
$289,000
Premium/Discount to List
-$131,000
-31.19%
Views
270
Current Estimated Value
$290,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,650
Avg. Annual Appreciation
0.87%

Purchase Details

Listed on
Apr 2, 2025
Closed on
Oct 9, 2025
Sold by
Bought by
Seller's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
Buyer's Agent
Hank Troscianiec & Associates
Atlantic Realty Professionals, Inc
List Price
$420,000
Sold Price
$289,000
Premium/Discount to List
-$131,000
-31.19%
Views
270

Purchase Details

Closed on
May 2, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$289,000 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $98,250
Previous Owner $130,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Sold $289,000 -25.7% $161 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $389,000 -7.4% $216 / Sq Ft
03/31/2025 03/31/25 For Sale $420,000 -- $233 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,279 $176,270 $14,000 $162,270
2024 $11 $176,270 $14,000 $162,270
2023 $1,398 $176,270 $14,000 $162,270
2022 $0 $162,610 $11,000 $151,610
2021 $0 $162,610 $11,000 $151,610
2020 $1,300 $162,610 $11,000 $151,610
2019 $1,300 $12,170 $11,000 $1,170
2018 $1,148 $11,410 $10,000 $1,410
2017 $1,120 $11,410 $10,000 $1,410
2016 $1,095 $11,410 $10,000 $1,410
2015 $1,095 $143,140 $10,000 $133,140
2014 $1,094 $162,303 $23,000 $139,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100498422

Hive MLS

APN: 142JE022

North Carolina Brunswick County Southport 28461

48 Cherry Rd, Southport, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC

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