NOT LISTED FOR SALE

507 Potomac Dr Chocowinity, NC 27817

Estimated Value: $528,000 - $659,000

3 Beds
3 Baths
2,962 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $605,000 $204 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,623/month

2 Days on Market

Highlights

  • Marina
  • Water Views
  • Water Access
  • Chocowinity Primary School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of June 2023

Forget about waiting on new construction! Imagine your new home loaded with over $100,000 of upgrades & situated on a beautifully manicured private lot in the coveted community of Cypress Landing! A covered rocking chair front porch welcomes you inside where you will find gleaming hardwood flooring, relaxing designer inspired color scheme & a fabulous main level living floor plan. A spacious Formal Dining Room is located just off the Foyer providing ample room to host family & friends. The open floorplan includes a stunning Great Room featuring a gas fireplace, volume ceiling, beautiful trim & custom bookshelves in the adjoining Library/Office area provides easy access to the large deck overlooking the private backyard and patio area. A gourmet kitchen featuring solid surface countertops, custom wood cabinetry, beautifully updated appliances & a custom Acacia center island. A breakfast area & beautiful morning room are located just off the kitchen. The Owners Suite features vaulted ceiling, hardwood flooring, & ensuite bath w/ jetted tub, walk-in shower, double vanity, private water closet & large walk-in closet. Located opposite the family living area a private guest room w/full bath and access to the custom home technology storage. Upstairs you will find a 2nd guest room with large sitting area, full bath, and a spacious Bonus Room//Media Room with access to walk-in attic storage. An oversized two car garage with service entry leads to a newly constructed storage shed/workshop area & walkway to backyard. This home is conveniently located in the epicenter of the community where you will find the beautiful Bay Club & Iris Lounge, 221 slip Marina, community pools, and playground, four star rated Golf Course with Club house & Grill, new Pickleball courts, Gazebo, and Tennis courts. Additional amenities include a Health & Fitness Center with Lap Pool, Storage Lots, & much more. Please see list of additional features and upgrades!

Last Agent to Sell the Property

Sybil Kirkner

eXp Realty License #280523 Listed on: 05/18/2023

eXp Realty

Co-Listed By

ALBERT KIRKNER

eXp Realty License #278742

Last Buyer's Agent

Chris Harney

License #306192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1999

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 132 x 132 x 168 x 28 x 258
  • Interior Lot
  • Wooded Lot
  • Property is zoned RES 12

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Shake Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,962 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Partially Finished Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Water Access
  • Deck
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 16457

Community Details

Overview

  • Cypress Landing Homeowner's Association, Phone Number (252) 975-3255
  • Cypress Landing Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Restaurant
  • Clubhouse
  • Meeting Room

Recreation

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

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,067

Year Built

Built in 1999

Lot Details

0

HOA Fees

$141 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 and One Half
  • Year Built: 1999
  • Trash Collection: Other, Private Service
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Walk-In
  • Dining Room Type: Combination, Kitchen, Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, Skylights, Whirlpool, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Pantry, Foyer, Kitchen Island, Generator Plug, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Bookcases, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 215.73
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Sq Ft Heated: 2962.00
  • Total Heated Primary Separate Sq Ft: 2962.00

Exterior Features

  • Exterior Features: Storm Doors, Thermal Windows, Thermal Doors
  • Exterior Finish: See Remarks, Vinyl Siding, Shake Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Open, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle, See Remarks
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Garage Door Opener

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Water Softener, Wall Oven, Vent Hood, Stove/Oven - Electric, See Remarks, Refrigerator, Microwave - Built-In, Cooktop - Electric
  • Cooling System: Central, Zoned, Heat Pump
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump, Zoned
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Town of Chocowinity
  • Service Providers Water Provider: Town of Chocowinity
  • Utilities: Municipal Sewer, See Remarks, Other, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Sidewalk, Trail(s), Tennis Court(s), Street Lights, Pickleball, RV/Boat Storage, Restaurant, Playground, Maint - Comm Areas, Meeting Room, Marina, Management, Maint - Grounds, Golf Course, Comm Garden, Fitness Center, Community Pool
  • HOAAssociationFee1Year: 1692.00
  • HOAAssociationName: Cypress Landing Homeowner's Association
  • HOAAssociationPhone: 2529753255

Lot Info

  • Deed Page: 621.00
  • Lot Acres: 0.61
  • Lot Description: Interior Lot, Wooded
  • Lot Dimensions: 132 x 132 x 168 x 28 x 258
  • Lot Number: 71
  • Lot Sq Ft: 26572.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: PCE
  • Plat Page: 17-7/8
  • Zoning: RES 12
  • Lot View Type: See Remarks

Tax Info

  • Tax Identifier: 16457
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2067.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
Dec 29, 2014
Bought by
Brighton Kenneth L Trustee and Newsom-Brighton Maryanne
Seller's Agent
Gerri Mckinley
Coldwell Banker Sea Coast Advantage - Washington
Buyer's Agent
Bobby Clark
Coldwell Banker Sea Coast Advantage - Washington
List Price
$335,000
Sold Price
$285,000
Premium/Discount to List
-$50,000
-14.93%
Current Estimated Value
$594,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,812
Avg. Annual Appreciation
7.29%
Source: Public Records

Range of Values:

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List 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
Brighton Kenneth L Trustee $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $605,000 -5.3% $204 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $639,000 +19.4% $216 / Sq Ft
09/15/2022 09/15/22 Sold $535,000 +1.1% $181 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $529,000 -1.1% $179 / Sq Ft
07/25/2022 07/25/22 Off Market $535,000 -- --
11/16/2020 11/16/20 Sold $339,000 0.0% $116 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $339,000 +18.9% $116 / Sq Ft
12/29/2014 12/29/14 Sold $285,000 -14.9% $94 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $335,000 -- $110 / 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 $2,255 $287,890 $65,000 $222,890
2023 $2,247 $287,890 $65,000 $222,890
2022 $2,242 $287,890 $65,000 $222,890
2021 $2,237 $287,890 $65,000 $222,890
2020 $2,261 $287,890 $65,000 $222,890
2019 $2,251 $287,890 $65,000 $222,890
2018 $2,183 $287,890 $65,000 $222,890
2017 $2,334 $341,952 $65,000 $276,952
2016 -- $341,952 $65,000 $276,952
2015 $2,111 $0 $0 $0
2014 $2,111 $0 $0 $0
2013 -- $341,952 $65,000 $276,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100385300

Hive MLS

APN: 5674-93-5609