NOT LISTED FOR SALE

5505 Palmers Branch Dr NE Leland, NC 28451

Estimated Value: $287,000 - $343,000

3 Beds
2 Baths
1,476 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $261,000 $177 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,711/month

8 Days on Market

Highlights

  • Deck
  • No HOA
  • Fenced Yard
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Separate Outdoor Workshop

About This Home

As of May 2022

Almost 1500 square feet, 3 bedrooms plus an office, a detached one-car garage, and a large wired workshop with additional covered storage! Swing on the front porch and enjoy this low maintenance, vinyl siding home. Gas fireplace in the living room, a large deck out back, and a covered porch off the master bedroom. 3 year old TRANE HVAC has an extended warranty and digital/wifi thermostat. Dehumidifier in the crawl space. Roof was replaced in 2015. This is a modular home with a stick-built master bedroom addition. Generous closet space in each bedroom. Front porch swing conveys. Refrigerator and Washer/Dryer convey. Refrigerator is one year old. Microwave/Convection oven 2 months old. Glass top stove/oven was replaced 6 months ago with a gently used model. This home is ready for you to add your unique touches. Seller is selling home AS IS.

Last Agent to Sell the Property

Susan Rivenbark

NorthGroup Real Estate LLC License #280296 Listed on: 03/24/2022

NorthGroup Real Estate LLC

Last Buyer's Agent

Trina Thomas

Keller Williams Innovate-Wilmington License #239842

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 88 x 169 x 89 x 170
  • Fenced Yard
  • Chain Link Fence
  • Decorative Fence
  • Property is zoned RR

Home Design

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

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • Palmers Branch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0700003154

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Both Stk Blt & Mod
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Gas Logs, Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Closet, Kitchen, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 169.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1476.00
  • Total Heated Primary Separate Sq Ft: 1476.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage, Workshop
  • Fencing: Back Yard, Metal/Ornamental, Chain Link
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Existing Well
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 398.00
  • Lot Acres: 0.34
  • Lot Dimensions: 88 x 169 x 89 x 170
  • Lot Sq Ft: 14985.00
  • Plat Book: T
  • Plat Page: 162
  • Special Assessments: none aware of
  • Zoning: RR

Tax Info

  • Tax Identifier: 0700003154
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 781.39

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 9, 2022
Sold by
Morrison Emery Donna
Bought by
Smith Louis S and Smith Sandra D
Seller's Agent
Susan Rivenbark
NorthGroup Real Estate LLC
Buyer's Agent
Trina Thomas
Keller Williams Innovate-Wilmington
List Price
$250,000
Sold Price
$261,000
Premium/Discount to List
$11,000
4.4%
Current Estimated Value
$310,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,237
Avg. Annual Appreciation
5.11%
Original Mortgage
$250,000
Outstanding Balance
$232,391
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$77,846

Purchase Details

Closed on
May 12, 2020
Sold by
Emery Donna L and Emery Donna Morrison
Bought by
Emery Donna Morrisgn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,109
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 15, 2009
Sold by
Howell Michael and Howell Pamela
Bought by
Emery Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,859
Interest Rate
5.27%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Louis S $261,000 Porter Jeffrey W
Emery Donna Morrisgn -- Vylla Title
Emery Donna L $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Louis S $250,000
Previous Owner Emery Donna Morrisgn $113,109
Previous Owner Emery Donna L $135,859
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $261,000 +4.4% $177 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $250,000 -- $169 / 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 $1,013 $246,090 $40,000 $206,090
2024 $1,013 $246,090 $40,000 $206,090
2023 $795 $246,090 $40,000 $206,090
2022 $781 $132,760 $25,000 $107,760
2021 $781 $132,760 $25,000 $107,760
2020 $781 $132,760 $25,000 $107,760
2019 $781 $26,340 $25,000 $1,340
2018 $685 $21,650 $20,000 $1,650
2017 $685 $21,650 $20,000 $1,650
2016 $660 $21,650 $20,000 $1,650
2015 $660 $115,550 $20,000 $95,550
2014 $607 $114,685 $20,000 $94,685
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100318716

Hive MLS

APN: 0700003154