NOT LISTED FOR SALE

500 Lord Thomas Ave Southport, NC 28461

Estimated Value: $551,000 - $615,000

3 Beds
2 Baths
1,728 Sq Ft
$335/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $381,000 $220 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,757/month

19 Days on Market

Highlights

  • Community Pool
  • Central Air
  • 1-Story Property
  • Porch
  • Combination Dining and Living Room
  • Gas Log Fireplace

About This Home

As of October 2016

Coastal Luxury in Southport. Welcome to the ''Happiest Seaside Town in America''. Located in the sought after Cades Cove community. This custom designed home offers a custom kitchen, coiffured ceilings, hardwoods and tile throughout, plantation shutters, pocket doors, screened back porch, frameless shower, RINNAI tankless gas hot water system, extensive crown moulding, granite countertops, and to many upgrades to list. One of the very few homes with a rear entry attached garage. 10 year bonded builders warranty. Located on a premium lot with pond views. The home is simply amazing! The attention to detail is unmatched in the area.

Last Agent to Sell the Property

Wayne Rouse

Coastwalk Real Estate, LLC Listed on: 08/21/2016

Last Buyer's Agent

Marina Dane

Network Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • Built in 2014

Lot Details

  • 8,725 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Property is zoned R-15

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 237cb006

Community Details

Overview

  • Cades Cove Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

Built in 2014

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 225.69
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1728.00
  • Total Heated Primary Separate Sq Ft: 1728.00

Exterior Features

  • Exterior Features: Gas Logs, None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool
  • HOAAssociationFee1Year: 1160.00

Lot Info

  • Deed Page: 130.00
  • Lot Acres: 0.20
  • Lot Dimensions: 70x125
  • Lot Sq Ft: 8725.00
  • Plat Book: 0130
  • Plat Page: 03552
  • Zoning: R-15

Tax Info

  • Tax Identifier: 237cb006
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2016
Closed on
Sep 28, 2016
Sold by
Rouse Sheila
Bought by
Hepler Paul C and Hepler Deborah J
Seller's Agent
Wayne Rouse
Coastwalk Real Estate, LLC
Buyer's Agent
Marina Dane
Network Real Estate
List Price
$390,000
Sold Price
$381,000
Premium/Discount to List
-$9,000
-2.31%
Current Estimated Value
$610,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,828
Avg. Annual Appreciation
5.98%
Original Mortgage
$250,000
Outstanding Balance
$202,972
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$432,948

Purchase Details

Closed on
Jul 31, 2014
Sold by
Cardinal Builders Co
Bought by
Rouse Sheila
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
Hepler Paul C $381,000 None Available
Rouse Sheila $297,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hepler Paul C $250,000
Previous Owner Cardinal Builders Co $70,000
Previous Owner Cardinal Builders Co $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $381,000 -2.3% $220 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/21/2016 08/21/16 For Sale $390,000 -- $226 / 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
2024 $3,784 $517,910 $80,000 $437,910
2023 $3,372 $517,910 $80,000 $437,910
2022 $2,965 $344,550 $65,000 $279,550
2021 $2,965 $344,550 $65,000 $279,550
2020 $2,965 $344,550 $65,000 $279,550
2019 $2,965 $66,790 $65,000 $1,790
2018 $2,503 $62,040 $60,000 $2,040
2017 $2,490 $62,040 $60,000 $2,040
2016 $2,321 $62,040 $60,000 $2,040
2015 $2,321 $288,210 $60,000 $228,210
2014 $374 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100026640

Hive MLS

APN: 237CB006