NOT LISTED FOR SALE

Estimated Value: $508,000 - $555,000

3 Beds
2.5 Baths
2,309 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $500,000 $217 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,059/month

25 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • No HOA
  • Masonboro Elementary School Rated A
  • Sun or Florida Room
  • Home Office

About This Home

As of August 2024

Welcome to 116 Grainger Point Rd. A very well cared for and loved contemporary home featuring 3 bedrooms and 2.5 baths. While it showcases a solid and unique design from a previous era, it offers ample opportunity for updates to fit modern taste. Stepping inside, you'll find large rooms with an abundance of windows welcoming plenty of natural light. The spacious living room features a cozy fireplace along with easy access to the kitchen, formal dining room, and sunroom making this flowing floorplan ideal for family gatherings or entertaining friends. The kitchen, though dated, boasts solid cabinetry and an exceptional layout just begging for your personal modern touches.Upstairs, the master suite includes a generous walk-in closet and an en-suite bath with tiled shower. Two additional bedrooms provide plenty of space for family, guests, or a home office. A private deck off of the second bedroom provides a great space to enjoy your surroundings, read a book, or enjoy a drink at a days end. The home also includes an oversized, side-entry, two car garage with tons of storage space.Outside, you'll find a 3/4 of an acre (substantial compared to our newer developments and lot sizes) offering privacy and mature landscaping. The open backyard is just waiting for new inspiration making for the ideal spot for a future pool, work shop, or ADU dwelling. Rounding this prize package out is the convenient location in the highly sought after Masonboro Sound area close to local beaches, shopping, and schools.

Last Agent to Sell the Property

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 06/20/2024

Intracoastal Realty Corp

Last Buyer's Agent

Carolyn Royce

Carolina One Properties Inc. License #311519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1981

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 90x261x150x271
  • Property is zoned R-15

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,309 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic
  • Partially Finished Attic

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Grainger Point Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number R06700-005-012-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 1981

Lot Details

0

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: Two
  • Year Built: 1981
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down, Floored - Partial
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, LVT/LVP
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Ceiling Fan(s), Foyer
  • Laundry Location: Room
  • List Price per Sq Ft: 223.04
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Bedroom 2 Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Office Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2309.00
  • Total Heated Primary Separate Sq Ft: 2309.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Attached, Garage Faces Side, Garage Door Opener, Concrete

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Fireplace(s), Hot Water, Heat Pump, Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 476.00
  • Lot Acres: 0.72
  • Lot Dimensions: 90x261x150x271
  • Lot Number: 11
  • Lot Sq Ft: 31407.00
  • Plat Book: 18
  • Plat Page: 79
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06700-005-012-014
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2682.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 26, 2024
Sold by
Woodworth Paul
Bought by
Hannah Royce Carolyn and Bock Devennish Richard
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Carolyn Royce
Carolina One Properties Inc.
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Views
43
Current Estimated Value
$534,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,798
Avg. Annual Appreciation
6.31%
Original Mortgage
$400,000
Outstanding Balance
$395,850
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$138,948

Purchase Details

Closed on
May 1, 1985
Sold by
Ivey Richard T Jan S
Bought by
Woodworth Paul Constance

Purchase Details

Closed on
May 1, 1981
Sold by
Stovall Harry Iii Bettie
Bought by
Ivey Richard T Jan S

Purchase Details

Closed on
Apr 1, 1978
Bought by
Stovall Harry Jr Nancy

Purchase Details

Closed on
Mar 1, 1978
Sold by
Stovall Harry Jr Nancy
Bought by
Stovall Harry Iii Bettie
Source: Public Records

Range of Values:

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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
Hannah Royce Carolyn $500,000 None Listed On Document
Royce Carolyn Hannah $500,000 None Listed On Document
Woodworth Paul Constance $115,000 --
Ivey Richard T Jan S -- --
Stovall Harry Jr Nancy -- --
Stovall Harry Iii Bettie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royce Carolyn Hannah $400,000
Closed Royce Carolyn Hannah $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $500,000 -2.9% $217 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $515,000 0.0% $223 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $515,000 -- $223 / 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 -- $317,500 $145,000 $172,500
2023 $2,683 $317,500 $145,000 $172,500
2022 $2,699 $317,500 $145,000 $172,500
2021 $2,717 $317,500 $145,000 $172,500
2020 $2,267 $215,200 $68,800 $146,400
2019 $2,267 $215,200 $68,800 $146,400
2018 $2,267 $215,200 $68,800 $146,400
2017 $2,267 $215,200 $68,800 $146,400
2016 $2,168 $195,700 $68,800 $126,900
2015 $2,072 $195,700 $68,800 $126,900
2014 $1,984 $195,700 $68,800 $126,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100451602

Hive MLS

APN: R06700-005-012-014