NOT LISTED FOR SALE

490 Bay Lake Dr Chocowinity, NC 27817

Estimated Value: $384,000 - $419,564

3 Beds
2 Baths
1,843 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $349,000 $189 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,267/month

38 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a canal
  • Corner Lot
  • Chocowinity Primary School Rated A-
  • Deck
  • No HOA

About This Home

As of January 2024

Looking for that waterfront community without an HOA, look no further. This 3 bedroom 2 bath home boast a large corner lot, boat ramp access, dock your boat at your own home. Open concept kitchen/living/ dining, ''sunroom/game room'', nice primary walk-in shower with double shower heads, a must see! New LVT flooring and carpet throughout, brand new range/oven and new boat dock.

Last Agent to Sell the Property

Amy Barrow

United Real Estate East Carolina License #336370 Listed on: 11/06/2023

United Real Estate East Carolina

Last Buyer's Agent

Royalyn Ponder Lupton

Keller Williams Inner Banks License #235968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1997

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 136x17x262x93x54x13x209
  • Home fronts a canal
  • Property fronts a private road
  • Corner Lot
  • Property is zoned R-12

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,843 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Side Facing Garage
  • Unpaved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Bulkhead
  • Balcony
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Tankless Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 13098

Community Details

Overview

  • No Home Owners Association
  • Bay Lake Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1997

Lot Details

0.76 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • List Priceper Sq Ft: 189.37
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1525.34
  • Waterview: Yes
  • Year Built: 1997
  • Lot View Type: Canal View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, LVT/LVP
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-in Shower, Blinds/Shades, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1843.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1843.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Deck
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Canal Front

Garage/Parking

  • Parking Driveway: Garage Faces Side, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 1800 - 1999
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Beaufort County
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Tankless
  • Heating System Fuel Source: Electric
  • Trash Collection: Private Service

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Lot Info

  • Cobra Zone: No
  • Deed Page: 258.00
  • Lot Acres: 0.76
  • Lot Description: Corner Lot
  • Lot Dimensions: 136X17X262X93X54X13X209
  • Lot Number: 9
  • Lot Sq Ft: 33106.00
  • Lot Water Features: Bulkhead, Water Access Comm, Deeded Waterfront
  • Zoning: R-12

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: 13098
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Jul 22, 2021
Sold by
Choco Nec Llc
Bought by
Mugno Richard M and Mugno Kimberly M
Seller's Agent
Natalie Edwards
eXp Realty
Buyer's Agent
Katie Dunnell
Keller Williams Realty
List Price
$294,500
Sold Price
$270,000
Premium/Discount to List
-$24,500
-8.32%
Current Estimated Value
$406,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,141
Avg. Annual Appreciation
9.37%

Purchase Details

Listed on
Dec 5, 2014
Closed on
Apr 6, 2015
Bought by
Edwards Anthony G and Edwards Natalie R
Seller's Agent
Gerri Mckinley
Coldwell Banker Sea Coast Advantage - Washington
Buyer's Agent
Non Mls Agent
A Non Member
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
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
Mugno Richard M $60,000 --
Edwards Anthony G $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2024 01/23/24 Sold $349,000 0.0% $189 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/12/2023 12/12/23 Price Changed $349,000 -4.4% $189 / Sq Ft
12/03/2023 12/03/23 Price Changed $365,000 -2.7% $198 / Sq Ft
11/09/2023 11/09/23 For Sale $375,000 +38.9% $203 / Sq Ft
07/26/2021 07/26/21 Sold $270,000 -8.3% $147 / Sq Ft View Prior Sale
06/21/2021 06/21/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $294,500 +68.3% $160 / Sq Ft
04/06/2015 04/06/15 Sold $175,000 -7.8% $129 / Sq Ft View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $189,900 -0.6% $140 / Sq Ft
03/13/2013 03/13/13 Sold $191,000 -4.5% $141 / Sq Ft View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $199,900 -- $148 / Sq Ft
Source: Hive MLS

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 $2,104 $357,353 $98,800 $258,553
2024 $1,713 $212,443 $43,500 $168,943
2023 $1,705 $212,443 $43,500 $168,943
2022 $1,700 $212,443 $43,500 $168,943
2021 $1,695 $212,443 $43,500 $168,943
2020 $1,712 $212,443 $43,500 $168,943
2019 $1,702 $212,443 $43,500 $168,943
2018 $1,285 $161,073 $43,500 $117,573
2017 $1,208 $166,085 $43,320 $122,765
2016 $1,160 $166,085 $43,320 $122,765
2013 -- $166,085 $43,320 $122,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100414119

Hive MLS

APN: 5674-79-0703

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