NOT LISTED FOR SALE

887 Potomac Dr Chocowinity, NC 27817

Estimated Value: $546,000 - $609,000

3 Beds
3.5 Baths
3,150 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $280,000 $89 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,399/month

236 Days on Market

Highlights

  • Lake View
  • Clubhouse
  • Vaulted Ceiling
  • Chocowinity Primary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of July 2018

Wonderful open design - come enjoy this kitchen! Huge area with island - plus formal dining room. The foyer has columns and beautiful overhead beams opening to a large great room. Perfect flow in this home for entertaining! 2nd floor has large loft area overlooking the great room. Also has large bonus room. Come enjoy Cypress Landing amenities - golf w clubhouse, grille, pro shop, Bay Club w main pool & playground, fitness center w lap pool, tennis, Marina w dockmaster daily, plus more!

Last Agent to Sell the Property

Steve Atkins

Experience Realty-Waterfront Professionals License #208800 Listed on: 08/31/2017

Last Buyer's Agent

Steve Atkins

Experience Realty-Waterfront Professionals License #208800 Listed on: 08/31/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.72

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Lake Views
  • Crawl Space
  • Partially Finished Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Additional Features

  • Energy-Efficient Doors
  • 0.72 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5684-12-2616

Community Details

Overview

  • Cypress Landing Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood, Vinyl
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Ceiling - Vaulted, Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 107.90
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: Second
  • Sq Ft Heated: 3150.00
  • Total Heated Primary Separate Sq Ft: 3150.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Tennis Court(s), See Remarks, Community Pool
  • HOAAssociationFee1Year: 1100.00

Lot Info

  • Deed Page: 353.00
  • Lot Acres: 0.72
  • Lot Dimensions: .72
  • Lot Sq Ft: 31460.00
  • Zoning: Res
  • Lot View Type: Lake View, Water View

Tax Info

  • Tax Identifier: 5684-12-2616
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Jul 11, 2018
Sold by
Marietta E Egervary
Bought by
Crosby Larry and Crosby Tigist
Seller's Agent
Steve Atkins
Experience Realty-Waterfront Professionals
Buyer's Agent
Steve Atkins
Experience Realty-Waterfront Professionals
List Price
$339,900
Sold Price
$280,000
Premium/Discount to List
-$59,900
-17.62%
Current Estimated Value
$583,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,675
Avg. Annual Appreciation
10.42%
Original Mortgage
$196,000
Outstanding Balance
$169,939
Interest Rate
4.52%
Estimated Equity
$413,736

Purchase Details

Closed on
Jun 19, 1996
Bought by
Fackler Terry E and Egervary Marietta E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crosby Larry -- --
Fackler Terry E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosby Larry $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $280,000 -17.6% $89 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
08/31/2017 08/31/17 For Sale $339,900 -- $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
2025 $2,992 $523,645 $87,768 $435,877
2024 $2,718 $352,332 $75,010 $277,322
2023 $2,710 $352,332 $75,010 $277,322
2022 $2,705 $352,332 $75,010 $277,322
2021 $2,700 $352,332 $75,010 $277,322
2020 $2,730 $352,332 $75,010 $277,322
2019 $2,720 $352,332 $75,010 $277,322
2018 $2,640 $352,332 $75,010 $277,322
2017 $2,740 $405,480 $75,000 $330,480
2016 $2,622 $405,480 $75,000 $330,480
2015 $2,486 $0 $0 $0
2014 $2,486 $0 $0 $0
2013 -- $405,480 $75,000 $330,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100080291

Hive MLS

APN: 5684-12-2616