NOT LISTED FOR SALE

505 Potomac Dr Chocowinity, NC 27817

Estimated Value: $534,000 - $686,000

3 Beds
2.5 Baths
3,100 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 24, 2018

Last sale price $300,000 $97 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,653/month

475 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Fitness Center
  • Chocowinity Primary School Rated A-
  • Water Access
  • RV or Boat Storage in Community

About This Home

As of January 2018

Grand entry with open floor plan. 3 to 4 Bedroom home with Living Room, Dining Room, Great Room, Office, Family/Entertainment Room and 2 1/2 baths. Spacious first floor master bedroom with on-suite bath and walk-in closet. Loads of storage space. A private back yard with an in-ground Sprinkler System. 3100 sq ft.

Last Agent to Sell the Property

Bobby Clark

Coldwell Banker Sea Coast Advantage - Washington License #NC224088 Listed on: 09/20/2016

Coldwell Banker Sea Coast Advantage - Washington

Co-Listed By

Vivienne Afshari

Coldwell Banker Sea Coast Advantage - Washington License #248247

Last Buyer's Agent

Jackson Lancaster

Coldwell Banker Sea Coast Advantage - Washington License #280381

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 120x259x196
  • Open Lot

HOA Fees

  • $104 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space
  • Partially Finished Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Water Access
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 15-006989

Community Details

Overview

  • Cypress Landing Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0.63 Acres

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Dishwasher, Refrigerator, Microwave - Built-In
  • List Priceper Sq Ft: 102.87
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Gas Logs, Walk-In Closet
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bonus Room Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: Second
  • Other Level: First
  • Sq Ft Heated: 3100.00
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Total Heated Primary Separate Sq Ft: 3100.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3000 - 3499
  • Heating System: Forced Air, Zoned, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Playground, Trail(s), Tennis Court(s), RV/Boat Storage, Marina, Golf Course, Fitness Center, Community Pool
  • H O A Association Fee1 Year: 1246.00
  • H O A H O A1 Mgmt Company: Cypress Landing HOA

Schools

  • School District: Beaufort

Lot Info

  • Cobra Zone: No
  • Deed Page: 27.00
  • Lot Acres: 0.63
  • Lot Description: Open
  • Lot Dimensions: 120x259x196
  • Lot Sq Ft: 27443.00
  • Lot Water Features: Water Access Comm
  • Zoning: R

Tax Info

  • Tax Identifier: 15-006989
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Simmons Gerald E and Simmons Nanci G
Bought by
Hennessey Robert F and Hennessey Jennifer L
Current Estimated Value
$612,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$244,192
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$368,219

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jan 24, 2018
Sold by
Gilbert D Elberson
Bought by
Simmons Nancy
Seller's Agent
Bobby Clark
Coldwell Banker Sea Coast Advantage - Washington
Buyer's Agent
Jackson Lancaster
Coldwell Banker Sea Coast Advantage - Washington
List Price
$341,900
Sold Price
$300,000
Premium/Discount to List
-$41,900
-12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$240,000
Interest Rate
4.04%

Purchase Details

Closed on
Nov 17, 1994
Bought by
Elberson Gilbert D L and Elberson Karen L
Source: Public Records
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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
Hennessey Robert F $559,000 Attorney Only
Simmons Nancy -- --
Elberson Gilbert D L $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennessey Robert F $252,000
Previous Owner Simmons Nancy $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2018 01/24/18 Sold $300,000 -12.3% $97 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
09/20/2016 09/20/16 For Sale $341,900 -- $110 / 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 $3,326 $586,142 $78,246 $507,896
2024 $2,407 $309,004 $65,000 $244,004
2023 $2,399 $309,004 $65,000 $244,004
2022 $2,394 $309,004 $65,000 $244,004
2021 $2,389 $309,004 $65,000 $244,004
2020 $2,415 $309,004 $65,000 $244,004
2019 $2,405 $309,004 $65,000 $244,004
2018 $2,333 $309,004 $65,000 $244,004
2017 $2,365 $346,950 $65,000 $281,950
2016 $2,265 $346,950 $65,000 $281,950
2015 $2,140 $0 $0 $0
2014 $2,140 $0 $0 $0
2013 -- $346,950 $65,000 $281,950
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bobby Clark

    Coldwell Banker Sea Coast Advantage - Washington

    Section Image

  • V

    Seller Co-Listing Agent in 2018

    Vivienne Afshari

    Coldwell Banker Sea Coast Advantage - Washington

  • J

    Buyer's Agent in 2018

    Jackson Lancaster

    Coldwell Banker Sea Coast Advantage - Washington

See All Agents

Map

Source: Hive MLS

MLS Number: 100030688

Hive MLS

APN: 5674-93-3795

North Carolina Beaufort County Chocowinity 27817

505 Potomac Dr, Chocowinity, NC

Not Listed for Sale

Detached

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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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