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
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
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
Average Home Value in this Area
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
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
Map
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