NOT LISTED FOR SALE

55 Cherry Rd Southport, NC 28461

Estimated Value: $260,751 - $289,000

3 Beds
2 Baths
1,288 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $157,500 $122 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,650/month

9 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Deck
  • Golf Course Community
  • Clubhouse
  • No HOA

About This Home

As of March 2018

Why buy 55 Cherry Rd? LOCATION: Conveniently located close to Southport, Oak Island Beaches, and Downtown Wilmington. HOME: Step into the spacious living area from your rocking chair front porch. Be in the thick of friend and family gatherings with this open concept plan never missing conversations while cooking. Extend your gatherings to the back deck or the fire pit area in the fenced backyard. Get projects done in the 12x20 storage building with work table and electricity. Back inside enjoy the privacy this 3 bedroom, 2 bath split floor plan has to offer. The master bedroom has that extra touch with a trey ceiling and walk in closet. AMENITIES: Boiling Spring Lakes offers tennis and basketball courts, playgrounds, boat ramp, fitness and community center without the HOA dues!!!

Last Agent to Sell the Property

Lee Ann Walker

Southport Realty, Inc. License #151411 Listed on: 01/27/2018

Last Buyer's Agent

Cheryl Perrotta

DBA Carolinas Connect Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 2012

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Fenced Yard
  • Wood Fence

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry closet

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 142jd010

Community Details

Overview

  • No Home Owners Association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 2012

Lot Details

0

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: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Ceiling Fan(s), Ceiling - Trey, Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 125.78
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1288.00
  • Total Heated Primary Separate Sq Ft: 1288.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Composition, Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Tennis Court(s), Picnic Area, Ramp, Playground, Fitness Center, Golf Course, Clubhouse, Boat Dock

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1233.00
  • Lot Acres: 0.24
  • Lot Dimensions: 70x150
  • Lot Number: 32
  • Lot Sq Ft: 10454.00
  • Plat Book: 6
  • Plat Page: 158
  • Zoning: Residential

Tax Info

  • Tax Identifier: 142jd010
  • Tax Year: 2017

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
Feb 28, 2018
Sold by
Huff Jennifer Leigh
Bought by
Helm Laura Michele and Helm James E
Seller's Agent
Lee Ann Walker
Southport Realty, Inc.
Buyer's Agent
Cheryl Perrotta
DBA Carolinas Connect Realty
List Price
$162,000
Sold Price
$157,500
Premium/Discount to List
-$4,500
-2.78%
Current Estimated Value
$281,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,938
Avg. Annual Appreciation
8.08%
Original Mortgage
$141,750
Outstanding Balance
$121,833
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$160,945

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jul 1, 2016
Sold by
Moree Jesse A and Moree Kizzie J
Bought by
Huff Jennifer Leigh
Seller's Agent
Randy Wilson
Port Realty, Inc.
Buyer's Agent
Lee Ann Walker
Southport Realty, Inc.
List Price
$148,900
Sold Price
$143,900
Premium/Discount to List
-$5,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$147,969
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 27, 2012
Sold by
Cruse Construction Inc
Bought by
Moree Jesse A and Moree Kizzie J
Seller's Agent
Nolan Formalarie
Discover NC Homes
Buyer's Agent
Randy Wilson
Wendy Wilmot Properties
List Price
$112,900
Sold Price
$110,700
Premium/Discount to List
-$2,200
-1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$113,050
Interest Rate
3.55%
Mortgage Type
VA

Purchase Details

Listed on
Oct 27, 2011
Closed on
May 27, 2012
Sold by
Cruse Travis D and Cruse Susan A
Bought by
Cruse Construction Inc
Seller's Agent
Edward Wood
Eastwood Realty Group
Buyer's Agent
Nolan Formalarie
Discover NC Homes
List Price
$14,500
Sold Price
$5,000
Premium/Discount to List
-$9,500
-65.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
545161.07%
Original Mortgage
$74,052
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 27, 2011
Closed on
Apr 11, 2012
Sold by
Waccamaw Bank
Bought by
Cruse Travis D and Cruse Susan A
Seller's Agent
Edward Wood
Eastwood Realty Group
Buyer's Agent
Nolan Formalarie
Discover NC Homes
List Price
$14,500
Sold Price
$5,000
Premium/Discount to List
-$9,500
-65.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,052
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 22, 2011
Sold by
Prevatte James R
Bought by
Waccamaw Bank

Purchase Details

Closed on
Apr 11, 2008
Sold by
Walraf Michael J and Walraf Shelby S
Bought by
Hummel Built Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,375
Interest Rate
6.08%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Helm Laura Michele $157,500 None Available
Huff Jennifer Leigh $144,000 None Available
Moree Jesse A $111,000 None Available
Cruse Construction Inc -- None Available
Cruse Travis D $10,000 None Available
Waccamaw Bank $12,220 None Available
Hummel Built Homes Inc $15,000 None Available
Walraf Michael J $13,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helm Laura Michele $141,750
Previous Owner Huff Jennifer Leigh $147,969
Previous Owner Moree Jesse A $113,050
Previous Owner Cruse Construction Inc $74,052
Previous Owner Walraf Michael J $125,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $157,500 -2.8% $122 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $162,000 +12.6% $126 / Sq Ft
07/05/2016 07/05/16 Sold $143,900 -3.4% $112 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $148,900 +34.5% $116 / Sq Ft
08/27/2012 08/27/12 Sold $110,700 -1.9% $92 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $112,900 +2158.0% $94 / Sq Ft
04/16/2012 04/16/12 Sold $5,000 -65.5% $4 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
10/27/2011 10/27/11 For Sale $14,500 -- $11 / 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 $1,532 $250,380 $14,000 $236,380
2024 $1,532 $250,380 $14,000 $236,380
2023 $1,349 $250,380 $14,000 $236,380
2022 $1,349 $156,210 $11,000 $145,210
2021 $1,336 $156,210 $11,000 $145,210
2020 $1,254 $156,210 $11,000 $145,210
2019 $1,254 $18,580 $11,000 $7,580
2018 $998 $12,230 $10,000 $2,230
2017 $974 $12,230 $10,000 $2,230
2016 $949 $12,230 $10,000 $2,230
2015 $949 $122,150 $10,000 $112,150
2014 $916 $133,180 $23,000 $110,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100097923

Hive MLS

APN: 142JD010