NOT LISTED FOR SALE

553 Pearl Bay Dr New London, NC 28127

Estimated Value: $1,144,220 - $1,216,000

3 Beds
3.5 Baths
3,140 Sq Ft
$374/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,203,000 $383 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,684/month

1 Day on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Built-In Double Convection Oven
  • Clubhouse
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of July 2024

The view is a stunner at this beautiful custom-built home located in the much sought after subdivision of Heron Bay. A new modern kitchen is the centerpiece of this home ready for entertaining. The open floor plan extends out onto the covered porch where relaxing days are spent. Three bedrooms on the first floor includes the owner's suite of your dreams with doors to the deck for sunrise views. An office rounds out the first floor where you will also find a laundry/ powder room combo. The walkout basement includes additional space for a long-term guest or mother-in-law suite complete with a custom kitchen. The bonus room downstairs can be used as a bedroom, additional office space or perhaps a theatre room. This space also walks out to a covered patio with a custom fire pit for cool nights. Storage space galore in both the upstairs walk up attic and the two-car garage with lots of room for toys. The shared covered pier is an easy walk from the home with a concrete sloped walkway.

Last Agent to Sell the Property

Diane Maness

Divine Real Estate Boutique, LLC Brokerage Email: diane.p.maness@gmail.com License #292683 Listed on: 05/20/2024

Last Buyer's Agent

Jamie Purvis

RE/MAX Executive License #283426

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 2017

Lot Details

  • Waterfront

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • French Doors
  • Family Room with Fireplace
  • Gas Dryer Hookup

Kitchen

  • Built-In Double Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Storage

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6662-08-77-8954

Community Details

Overview

  • Heron Bay HOA, Phone Number (866) 473-2573
  • Heron Bay Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 2017

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Restrictions: Architectural Review
  • Second Living Quarters: Main Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 383.12
  • Geocode Confidence: High
  • Attribution Contact: diane.p.maness@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2187
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 443
  • Sq Ft Unheated Total: 443
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Electric Range, Microwave, Refrigerator, Wall Oven
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2187
  • Has Basement: Basement Garage Door, Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 953
  • Door Features: French Doors
  • Fireplace Features: Family Room
  • Living Area: 3140
  • Bedroom Main: 3
  • Room Count: 1
  • Sq Ft Other: 769

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Badin Lake
  • Waterfront Features: Boat Lift – Community, Dock
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 752
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Electric
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated
  • Association Fee: 500
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Heron Bay HOA
  • Phone: 866-473-2573
  • ResoAssociationFeeFrequency: SemiAnnually
  • Association Email: 4u2contact@heronbay.org

Association/Amenities

  • Association Annual Expense: 1000.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 6662-08-77-8954
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 12, 2024
Sold by
Walker Heather and Marney Dean Alton
Bought by
Simonich Brent Blain and Simonich Kristy Lyn
Seller's Agent
Diane Maness
Divine Real Estate Boutique, LLC
Buyer's Agent
Jamie Purvis
RE/MAX Executive
List Price
$1,199,000
Sold Price
$1,203,000
Premium/Discount to List
$4,000
0.33%
Views
9
Current Estimated Value
$1,175,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,445
Avg. Annual Appreciation
-10.41%

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 11, 2024
Sold by
Walker Heather and Marney Dean
Bought by
Walker Heather
Seller's Agent
Diane Maness
Divine Real Estate Boutique, LLC
Buyer's Agent
Jamie Purvis
RE/MAX Executive
List Price
$1,199,000
Sold Price
$1,203,000
Premium/Discount to List
$4,000
0.33%
Views
9

Purchase Details

Closed on
May 22, 2023
Sold by
Walker Heather and Walker Heather
Bought by
Walker Heather and Numbers Megan Kathryn

Purchase Details

Listed on
Jul 27, 2020
Closed on
Apr 12, 2021
Sold by
Baio Angelo J and Baio Lorraine J
Bought by
Scholan Heather Walker
Seller's Agent
Diane Maness
Divine Real Estate Boutique, LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$935,000
Sold Price
$875,000
Premium/Discount to List
-$60,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$151,500
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 25, 2015
Closed on
Mar 24, 2016
Sold by
Sadd Vincent S and Field Sadd Patricia C
Bought by
Baio Angelo Joseph and Baio Lorraine Julianna
List Price
$219,900
Sold Price
$186,000
Premium/Discount to List
-$33,900
-15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.80%

Purchase Details

Closed on
Mar 7, 2007
Sold by
Vitale Jon Michael and Watson Aimee Shay
Bought by
Sadd Vincent S and Fiedl Sadd Patricia C
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
Simonich Brent Blain $1,203,000 None Listed On Document
Walker Heather -- None Listed On Document
Walker Heather $6,500 None Listed On Document
Scholan Heather Walker $875,000 None Available
Baio Angelo Joseph $186,000 None Available
Sadd Vincent S $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scholan Heather Walker $251,000
Previous Owner Fisher Austin Drake $151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,203,000 +0.3% $383 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $1,199,000 +37.0% $382 / Sq Ft
04/15/2021 04/15/21 Sold $875,000 -1.9% $251 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
11/15/2020 11/15/20 Price Changed $891,900 -2.5% $256 / Sq Ft
09/02/2020 09/02/20 Price Changed $915,000 -2.1% $262 / Sq Ft
07/27/2020 07/27/20 For Sale $935,000 +402.7% $268 / Sq Ft
03/24/2016 03/24/16 Sold $186,000 -15.4% --
03/04/2016 03/04/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $219,900 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,361 $636,651 $182,000 $454,651
2023 $4,361 $636,651 $182,000 $454,651
2022 $4,361 $636,651 $182,000 $454,651
2021 $4,266 $636,651 $182,000 $454,651
2020 $4,243 $633,351 $182,000 $451,351
2018 $3,813 $564,852 $157,500 $407,352
2017 $1,063 $157,500 $157,500 $0
2016 $1,063 $157,500 $157,500 $0
2015 $992 $157,500 $0 $0
2014 $992 $157,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4139096

Canopy MLS (Canopy Realtor® Association)

APN: 6662-08-77-8954