NOT LISTED FOR SALE

500 Potomac Dr Chocowinity, NC 27817

Estimated Value: $456,000 - $564,000

3 Beds
2.5 Baths
2,540 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $330,000 $130 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,999/month

2 Days on Market

Highlights

  • Marina
  • On Golf Course
  • Fitness Center
  • Chocowinity Primary School Rated A-
  • Water Access
  • Finished Room Over Garage

About This Home

As of November 2020

NEW TO THE MARKET IN CYPRESS LANDING WATERFRONT, GOLF & TENNIS COMMUNITY!Excellent opportunity to own the only available golf course home in Cypress Landing today! This well constructed brick home features 3 BR/ 2.5 Baths, Great Room, Formal Dining Room, and Kitchen complete with SS Appliances, Quartz Countertops, and adjoining Breakfast Nook. Three sets of French doors lead to the rear deck and screened porch which offer incredible views of the #12 Fairway. Enjoy main level living with spacious Owners Bedroom including a sitting area & private bath as well as two guest rooms sharing a hall bath. Home also includes a finished room over garage with separate HVAC & Laundry Room with Washer & Dryer. Hardwood flooring throughout the main level with the exception of the guest rooms. NEW HVAC in 2017. Seller had home inspection & termite inspection complete 9/2020. Great price for a golf course home in Cypress Landing four star rated golf course community! Additional community amenities include 220 slip floating marina, Bay Club, Pools, Tennis & Pickle Ball Courts, Health & Fitness Center with Lap Pool, Playground, and much more! One Year Home Warranty Available.

Last Agent to Sell the Property

SYBIL KIRKNER

eXp Realty LLC License #280523 Listed on: 10/02/2020

Co-Listed By

ALBERT KIRKNER

eXp Realty LLC License #278742

Last Buyer's Agent

Joanna Hopkins

United Real Estate East Carolina License #288352

United Real Estate East Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1998

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 122x214x122x193
  • On Golf Course
  • Wooded Lot
  • Property is zoned RES 12

HOA Fees

  • $107 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 2,540 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Finished Room Over Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Water Access
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 16461

Community Details

Overview

  • Cypress Landing Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Restaurant
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,429

Year Built

Built in 1998

Lot Details

0

HOA Fees

$107 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: 1998
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Kitchen, Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 129.92
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2540.00
  • Total Heated Primary Separate Sq Ft: 2540.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space, See Remarks
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio, Screened, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle, Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Town of Chocowinity
  • Service Providers Water Provider: Town of Chocowinity
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Trail(s), Tennis Court(s), Taxes, Street Lights, Sidewalk, RV/Boat Storage, Restaurant, Maint - Comm Areas, Marina, Management, Golf Course, Comm Garden, Fitness Center, Community Pool
  • HOAAssociationFee1Year: 1280.00

Lot Info

  • Deed Page: 931.00
  • Lot Acres: 0.56
  • Lot Description: On Golf Course, Wooded
  • Lot Dimensions: 122x214x122x193
  • Lot Number: 67
  • Lot Sq Ft: 24394.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Special Assessments: Buyer to Confirm with HOA
  • Zoning: RES 12

Tax Info

  • Tax Identifier: 16461
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2429.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 10, 2020
Bought by
Galvin Kinley Michelle and Galvin Joseph Michael
Seller's Agent
SYBIL KIRKNER
eXp Realty LLC
Buyer's Agent
Joanna Hopkins
United Real Estate East Carolina
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$513,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,880
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
Jun 15, 2017
Closed on
Aug 30, 2017
Bought by
Hanrahan David J
Seller's Agent
Vivienne Afshari
Coldwell Banker Sea Coast Advantage - Washington
Buyer's Agent
Jackson Lancaster
Coldwell Banker Sea Coast Advantage - Washington
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Apr 18, 1996
Bought by
Weltzer Louis A and Weltzer Mary Lou
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

Date Buyer Sale Price Title Company
Galvin Kinley Michelle $330,000 --
Hanrahan David J $310,000 --
Weltzer Louis A $44,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2020 11/10/20 Sold $330,000 0.0% $130 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $330,000 +6.5% $130 / Sq Ft
08/30/2017 08/30/17 Sold $310,000 -2.8% $122 / Sq Ft View Prior Sale
07/31/2017 07/31/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $319,000 -- $126 / 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
2025 $2,389 $410,701 $81,928 $328,773
2024 $2,422 $311,074 $75,004 $236,070
2023 $2,414 $311,074 $75,004 $236,070
2022 $2,409 $311,074 $75,004 $236,070
2021 $2,404 $311,074 $75,004 $236,070
2020 $2,430 $311,074 $75,004 $236,070
2019 $2,420 $311,074 $75,004 $236,070
2018 $2,347 $311,074 $75,004 $236,070
2017 $2,124 $309,192 $75,000 $234,192
2016 $2,034 $309,192 $75,000 $234,192
2015 $1,917 $0 $0 $0
2014 $1,917 $0 $0 $0
2013 -- $309,192 $75,000 $234,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100239548

Hive MLS

APN: 5674-93-0543