NOT LISTED FOR SALE

620 W Corbett Ave Swansboro, NC 28584

Estimated Value: $618,950

-- Bed
-- Bath
2,794 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $540,000 $193 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,652/month

69 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Heating Available

About This Home

As of February 2023

Bank building offered for lease or sale at $550,000. 2794 SF building with 2 car drive-through on .46 acre corner lot inside Swansboro town limits. High traffic location with 27,500 average daily traffic count. Currently occupied by a bank tenant until August 1, 2023.

Last Agent to Sell the Property

Matthew Ray

Ray Properties, INC License #266827 Listed on: 11/01/2022

Co-Listed By

Melissa Kepes

Ray Properties, INC License #145288

Last Buyer's Agent

Ryan Ayre

Watson-Matthews, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,076

Year Built

  • Built in 1975

Lot Details

  • 0.46 Acre Lot
  • Corner Lot
  • Property is zoned B-2

Home Design

  • 2,794 Sq Ft Home

Parking

  • Private Parking
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 1404-169

Community Details

Overview

  • No Home Owners Association
  • Russell Park Subdivision

Building Details

  • Triple Net Lease (NNN)

Property Details

Property Type

Other

Est. Annual Taxes

$4,076

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Business Service, Commercial, Office, Professional Service, Retail
  • Cobra Zone: No
  • New Construction: No
  • Year Built: 1975
  • Definition: RE W/O Business
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • List Price per Sq Ft: 196.85
  • Sq Ft Heated: 2794.00

Exterior Features

  • Road Type Frontage: 4+ Lanes, Maintained, Paved, Public (City/Cty/St)

Garage/Parking

  • Parking Driveway: Off Street, On Site, Paved, Private

Utilities

  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 4854
  • Deed Page: 699.00
  • Lot Acres: 0.46
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 20038.00
  • Special Assessments: None known
  • Zoning: B-2
  • Current Use: Commercial, Office, Retail

Rental Info

  • Lease Types: NNN

Tax Info

  • Tax Identifier: 1404-169
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 4075.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 13, 2023
Sold by
Aberle Paul H
Bought by
Nguyen Loan
Seller's Agent
Matthew Ray
Ray Properties, INC
Buyer's Agent
Ryan Ayre
Watson-Matthews, Inc.
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
15
Current Estimated Value
$618,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,950
Avg. Annual Appreciation
5.40%
Original Mortgage
$250,000
Outstanding Balance
$242,156
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$378,880

Purchase Details

Closed on
Oct 2, 2018
Sold by
Orion Venture Boa Llc
Bought by
Aberle Paul H and Aberle Nicholas H

Purchase Details

Closed on
Dec 15, 2016
Sold by
First States Investors 4100A Lp
Bought by
Orion Venture Boa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,919
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2003
Bought by
First States Invest 4100A Llc
Source: Public Records

Range of Values:

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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
Nguyen Loan $540,000 --
Aberle Paul H $433,000 First National Financial Tit
Orion Venture Boa Llc $426,000 First American Title
First States Invest 4100A Llc $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Loan $250,000
Previous Owner Orion Venture Boa Llc $34,919
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $540,000 -1.8% $193 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/01/2022 11/01/22 For Sale $550,000 -- $197 / 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 $4,750 $472,600 $177,290 $295,310
2024 $4,076 $405,560 $177,290 $228,270
2023 $4,076 $405,560 $177,290 $228,270
2022 $4,076 $405,560 $177,290 $228,270
2021 $2,494 $236,409 $177,290 $59,119
2020 $2,494 $236,409 $177,290 $59,119
2019 $2,494 $236,409 $177,290 $59,119
2018 $2,494 $236,409 $177,290 $59,119
2017 $3,002 $292,920 $151,150 $141,770
2016 $3,002 $292,920 $0 $0
2015 $3,002 $292,920 $0 $0
2014 $3,002 $292,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100356709

Hive MLS

APN: 030586