NOT LISTED FOR SALE

722 N Forty Rd Morehead City, NC 28557

Estimated Value: $314,000 - $339,000

3 Beds
2 Baths
1,203 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 03, 2013

Last sale price $110,000 $91 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,781/month

107 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Living Room
  • Morehead City Primary School Rated A-
  • Brick Exterior Construction
  • Tile Flooring

About This Home

As of January 2013

This three bedroom, two bath home has a fireplace in living room, wood deck and a shed for storage. Great Morehead City location. Sold as is. Seller makes no repairs. HUD, it's Agents and or Assigns makes no representations as to the existence of mold, radon or lead based paint and is not liable for the potentially harmful effects thereof. Construction: Wood Financing: 203 Eligible

Last Agent to Sell the Property

Tripp Blandford

Carolina East Realty Listed on: 08/15/2012

Last Buyer's Agent

Sandy Payne

Linda Rike Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9

Year Built

  • Built in 1985

Lot Details

  • 0.48

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Additional Features

  • Deck
  • 0.48 Acre Lot

Community Details

  • Mandy Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 637611663665000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Brick/Stone, See Remarks
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1985
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • List Price per Sq Ft: 108.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1203.00
  • Total Heated Primary Separate Sq Ft: 1203.00

Exterior Features

  • Exterior Finish: Brick, See Remarks
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric

Lot Info

  • Deed Page: 403.00
  • Lot Acres: 0.48
  • Lot Dimensions: Irr X Irr
  • Lot Sq Ft: 20908.80

Tax Info

  • Tax Identifier: 637611663665000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2012
Closed on
Dec 28, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Suralik Cheryl Denise
Seller's Agent
Tripp Blandford
Carolina East Realty
Buyer's Agent
Sandy Payne
Linda Rike Real Estate
List Price
$130,000
Sold Price
$110,000
Premium/Discount to List
-$20,000
-15.38%
Current Estimated Value
$325,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,052
Avg. Annual Appreciation
8.77%
Original Mortgage
$82,500
Outstanding Balance
$58,318
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$259,180

Purchase Details

Closed on
Jun 7, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 21, 2012
Sold by
Drewyor Arthur J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 5, 2002
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
Suralik Cheryl Denise -- None Available
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $123,200 None Available
-- $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suralik Cheryl Denise $82,500
Previous Owner Drewyor Arthur J $200,431
Previous Owner Drewyor Arthur $199,938
Previous Owner Drewyor Arthur J $50,000
Previous Owner Drewyor Arthur J $29,700
Previous Owner Drewyor Arthur J $9,800
Previous Owner Drewyor Arthur J $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2013 01/03/13 Sold $110,000 -15.4% $91 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $130,000 -- $108 / 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
2024 $9 $168,116 $67,654 $100,462
2023 $945 $168,116 $67,654 $100,462
2022 $924 $168,116 $67,654 $100,462
2021 $890 $167,071 $67,654 $99,417
2020 $857 $167,071 $67,654 $99,417
2019 $790 $160,437 $55,353 $105,084
2017 $790 $160,437 $55,353 $105,084
2016 $790 $160,437 $55,353 $105,084
2015 $774 $160,437 $55,353 $105,084
2014 $671 $177,167 $75,961 $101,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11203780

Hive MLS

APN: 6376.11.66.3665000