NOT LISTED FOR SALE

615 Pearl Bay Dr New London, NC 28127

Estimated Value: $1,917,000 - $2,095,493

5 Beds
8 Baths
8,700 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $1,100,000 $126 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $11,250/month

222 Days on Market

Highlights

  • Great Room with Fireplace
  • Main Floor Primary Bedroom
  • Second Washer
  • Wood Flooring
  • Solid Surface Countertops
  • Cul-De-Sac

About This Home

As of March 2020

WOW! WOW! and WOW! This stunning home on Badin Lake offers panoramic views and exquisite detailing! This is a must see, one of a kind home! Stunning 2 story great room offers incredible natural light. Oversized chef's kitchen offers high/end appliances, beautiful granite, large pantry and opens to outside patio/bar. Private two story master suite offers beautiful views, master bath with his/hers sinks, jacuzzi tub and walk in show. Home offers 5 BRs and 6 baths but has extra rooms. Must see to appreciate!

Last Agent to Sell the Property

Teresa Rufty

TMR Realty, Inc. License #210189 Listed on: 05/30/2019

Last Buyer's Agent

Debbie Coley

Debbie C Realty, LLC License #271541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,143

Year Built

  • Built in 2004

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 4 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 8,192 Sq Ft Home
  • 7,300-8,700 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • 3 Fireplaces
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Warming Drawer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Separate Shower

Laundry

  • Laundry on upper level
  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Outdoor Features

  • Outdoor Gas Grill
  • Porch

Schools

  • Troy High School

Utilities

  • Zoned Heating
  • Heat Pump System
  • Well
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Heron Bay Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 666212777107
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,143

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Lot Size: Irregular
  • Subdivision Name: Heron Bay
  • Directions: NC-49 N/NC-8 N to Uwharrie Point Pkwy to Pearl Bay Drive
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 2800 - 3400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 7300 - 8700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Trash Compactor, Cooktop, Dishwasher, Disposal, Exhaust Fan, Range Hood, Warming Drawer, Electric Water Heater, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Soaking Tub, In-Law Floorplan, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Sound System, Central Vacuum, Wet Bar
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Basement, Great Room, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 8192
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Lighting, Gas Grill, Sprinkler System
  • Fencing: None
  • Lot Features: Cul-De-Sac, Subdivided
  • Pool Features: None
  • Construction Type: Stucco
  • Other Structures: Pier
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, Laundry Room - 2nd Level, Main Level, Washer Hookup
  • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric, Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Troy

Lot Info

  • Parcel #: 666212777107
  • Zoning: SFR
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 8143.2
  • Tax Lot: 39
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Jan 23, 2020
Sold by
Fisher John S and Fisher Mary Ann
Bought by
Wishon Steven and Wishon Julie
Seller's Agent
Teresa Rufty
TMR Realty, Inc.
Buyer's Agent
Debbie Coley
Debbie C Realty, LLC
Sold Price
$1,100,000
Current Estimated Value
$2,014,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,873
Avg. Annual Appreciation
11.31%

Purchase Details

Listed on
Jul 30, 2014
Closed on
Nov 24, 2015
Sold by
Brown Jeffrey M and Pauley Suzanne M
Bought by
Fisher John S and Fisher Mary Ann
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$1,895,000
Sold Price
$1,165,000
Premium/Discount to List
-$730,000
-38.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.35%
Original Mortgage
$840,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2002
Bought by
Brown Jeffrey M
Source: Public Records

Range of Values:

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Average Value
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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
Wishon Steven $1,100,000 None Available
Fisher John S $1,165,000 None Available
Brown Jeffrey M $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher John S $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $1,100,000 -5.6% $151 / Sq Ft
12/21/2015 12/21/15 Sold $1,165,000 -38.5% $166 / Sq Ft View Prior Sale
10/21/2015 10/21/15 Pending -- -- --
07/30/2014 07/30/14 For Sale $1,895,000 -- $271 / Sq Ft
Source: Triad 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 $7,822 $1,110,744 $264,000 $846,744
2024 $7,822 $1,110,744 $264,000 $846,744
2023 $7,829 $1,110,744 $264,000 $846,744
2022 $7,836 $1,110,744 $264,000 $846,744
2021 $7,671 $1,110,744 $264,000 $846,744
2020 $7,678 $1,110,744 $264,000 $846,744
2018 $8,143 $1,206,400 $250,000 $956,400
2017 $8,436 $1,206,400 $250,000 $956,400
2016 $8,143 $1,206,400 $250,000 $956,400
2015 $7,681 $1,206,400 $0 $0
2014 $7,681 $1,206,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 934139

Triad MLS

APN: 6662-12-77-7107