NOT LISTED FOR SALE

587 Pearl Bay Dr New London, NC 28127

Estimated Value: $884,821 - $982,000

4 Beds
3 Baths
3,079 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 587 Pearl Bay Dr, New London, NC 28127 and is currently estimated at $948,455, approximately $308 per square foot. 587 Pearl Bay Dr is a home with nearby schools including Troy Elementary School, Page Street Elementary School, and West Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2012
Sold by
Party Tables Land Company Llc
Bought by
Watson Michael Shawn
Current Estimated Value
$948,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$54,158
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$894,297

Purchase Details

Closed on
Apr 1, 2009
Sold by
Watson Michael Shawn
Bought by
Party Tables Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2009
Sold by
Party Tables Land Co Llc
Bought by
Watson Michael Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2007
Sold by
Kej Marketing Co Inc
Bought by
Eichenbrenner Kathryn A

Purchase Details

Closed on
Apr 21, 2005
Sold by
Watson M Shawn M and Watson Michael S
Bought by
Party Tables Land Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
5.79%
Mortgage Type
New Conventional
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.

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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.

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First American

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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.

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Average Value
Not Available
List Price
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
Watson Michael Shawn -- None Available
Party Tables Company Llc -- --
Watson Michael Shawn -- --
Eichenbrenner Kathryn A -- --
Party Tables Land Company Llc -- None Available
Watson M Shawn M $579,000 None Available
Watson M Shawn M $579,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Michael Shawn $365,000
Previous Owner Watson Michael Shawn $417,000
Previous Owner Watson M Shawn M $463,200
Source: Public Records

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 $3,477 $507,589 $176,800 $330,789
2024 $3,477 $507,589 $176,800 $330,789
2023 $3,477 $507,589 $176,800 $330,789
2022 $3,477 $507,589 $176,800 $330,789
2021 $3,401 $507,589 $176,800 $330,789
2020 $3,401 $507,589 $176,800 $330,789
2018 $3,547 $525,500 $153,000 $372,500
2017 $3,547 $525,500 $153,000 $372,500
2016 $3,547 $525,500 $153,000 $372,500
2015 $3,311 $525,500 $0 $0
2014 $3,311 $525,538 $0 $0
Source: Public Records

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