NOT LISTED FOR SALE

1116 Welborn Rd Wilmington, NC 28409

Estimated Value: $331,935 - $344,000

3 Beds
2 Baths
1,281 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 09, 2017

Last sale price $155,000 $121 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,850/month

111 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Patio
  • Edwin A. Anderson Elementary School Rated A-
  • Fenced Yard
  • Home Security System

About This Home

As of October 2017

NEW ROOF! NEW VINYL SIDING!! 3 Bedroom 2 Bath all on one Level Located just Minutes from the Beach and Award Winning K-12 Schools. NEW CARPET, VINYL FLOORING and PAINT throughout! Fenced in Back yard, Patio for Grilling and Entertaining and a shed for storage. This move in ready home features an Open floor plan, 9 ft ceilings and fans and great closet storage. Home Warranty and Termite Bond Included.

Last Agent to Sell the Property

Alison Keller

Coldwell Banker Sea Coast Advantage-CB License #226470 Listed on: 05/30/2017

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Pam Kersting

Intracoastal Realty Corp License #262281

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 51x142x26x57x113
  • Fenced Yard
  • Property is zoned R-15

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,281 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Laurel Ridge Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number R07918-002-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$865

Year Built

Built in 1993

Lot Details

0

HOA Fees

$8 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: 1.0
  • Stories Levels: One
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Security System, Smoke Detectors, Pantry, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 124.90
  • 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
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1281.00
  • Total Heated Primary Separate Sq Ft: 1281.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Maintained
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes
  • HOAAssociationFee1Year: 100.00

Lot Info

  • Deed Page: 3116.00
  • Lot Acres: 0.19
  • Lot Dimensions: 51x142x26x57x113
  • Lot Sq Ft: 8276.00
  • Lot Water Features: None
  • Zoning: R-15

Tax Info

  • Tax Identifier: R07918-002-013-000
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 864.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Oct 6, 2017
Sold by
Martin Rebecca B and Martin Edward H
Bought by
Griffin John R
Seller's Agent
Alison Keller
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Pam Kersting
Intracoastal Realty Corp
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$338,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,984
Avg. Annual Appreciation
10.26%
Original Mortgage
$124,000
Outstanding Balance
$103,437
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$235,547

Purchase Details

Closed on
Apr 12, 1995
Sold by
Wesner William N
Bought by
Braswell John J Joyce H

Purchase Details

Closed on
May 26, 1993
Sold by
Landmark Homes Inc
Bought by
Wesner William N

Purchase Details

Closed on
Apr 8, 1993
Sold by
Landmark Developers Inc
Bought by
Landmark Homes Inc

Purchase Details

Closed on
Mar 12, 1993
Sold by
Gps Inc
Bought by
Landmark Developers Inc

Purchase Details

Closed on
Mar 8, 1993
Sold by
Landmark Organization Inc
Bought by
Gps Inc

Purchase Details

Closed on
Feb 28, 1992
Sold by
Wilmington Properties
Bought by
Landmark Organization
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
Griffin John R $155,000 None Available
Braswell John J Joyce H $85,500 --
Wesner William N $84,000 --
Landmark Homes Inc -- --
Landmark Developers Inc -- --
Gps Inc $6,775,000 --
Landmark Organization $798,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin John R $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2017 10/09/17 Sold $155,000 -6.1% $121 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $165,000 -- $129 / 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 $605 $320,700 $108,600 $212,100
2023 $605 $203,400 $62,800 $140,600
2022 $1,141 $203,400 $62,800 $140,600
2021 $1,126 $203,400 $62,800 $140,600
2020 $888 $140,400 $40,000 $100,400
2019 $888 $140,400 $40,000 $100,400
2018 $888 $140,400 $40,000 $100,400
2017 $909 $140,400 $40,000 $100,400
2016 $865 $124,800 $40,000 $84,800
2015 $804 $124,800 $40,000 $84,800
2014 $790 $124,800 $40,000 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100065327

Hive MLS

APN: R07918-002-013-000