NOT LISTED FOR SALE

118 Bermuda Dr Wilmington, NC 28401

Estimated Value: $357,000 - $442,000

3 Beds
2 Baths
1,759 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $392,000 $223 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,292/month

80 Days on Market

Highlights

  • 1 Fireplace
  • Fenced Yard
  • Tile Flooring
  • No HOA
  • Patio
  • Central Air

About This Home

As of April 2024

118 Bermuda is a 3 bed, 2 bath home that has been remodeled with tons of gorgeous, modern finishes. The kitchen boasts beautiful tile backsplash, double wall ovens, and an eat-in breakfast nook. The main bathroom features a full tile shower with glass shower door, tiled floors, and an elegant vanity with a vessel sink. The spacious master has a full en suite bathroom as well! Outside there's a sprawling fenced backyard with a massive storage shed with an attached screened-in patio. There's a possibility to convert the building in the back to an ADU for supplemental income. Best of all this home comes FULLY FURNISHED! This home would make an excellent investment property for short, mid, or long term rentals. This property is also located in a no City Tax area, and the property has no HOA. Schedule your showing of this unique property today!

Last Agent to Sell the Property

Tyler Broughton

Prosper Real Estate License #301320 Listed on: 01/26/2024

Last Buyer's Agent

Suzanne Spell

Intracoastal Realty Corporation License #214471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $957

Year Built

  • Built in 1961

Lot Details

  • 0.45 Acre Lot
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned AR

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Patio

Schools

  • Wrightsboro Elementary School
  • Holly Shelter Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sedgefield Subdivision

Listing and Financial Details

  • Assessor Parcel Number R03319-010-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$957

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Walk-in Shower
  • List Price per Sq Ft: 227.35
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 11
  • Sq Ft Heated: 1759.00
  • Total Heated Primary Separate Sq Ft: 1759.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: Back Yard, Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer Available, Municipal Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1694.00
  • Lot Acres: 0.45
  • Lot Dimensions: 194ft X 105ft
  • Lot Sq Ft: 19602.00
  • Plat Book: 6
  • Plat Page: 71
  • Zoning: AR

Tax Info

  • Tax Identifier: R03319-010-006-000
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wrightsboro
  • High School: New Hanover
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Apr 26, 2024
Sold by
Pham Ngoan and Do Chau
Bought by
Ellis Cory and Ellis Craig Gene
Seller's Agent
Tyler Broughton
Prosper Real Estate
Buyer's Agent
Suzanne Spell
Intracoastal Realty Corporation
List Price
$415,000
Sold Price
$392,000
Premium/Discount to List
-$23,000
-5.54%
Views
440
Current Estimated Value
$405,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,895
Avg. Annual Appreciation
3.63%
Original Mortgage
$372,400
Outstanding Balance
$368,765
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$42,292

Purchase Details

Listed on
Sep 11, 2016
Closed on
Oct 20, 2016
Sold by
Burke Isabel V
Bought by
Pham Ngoan and Do Chau
Seller's Agent
Chris Luther Team
Coldwell Banker Sea Coast Advantage - Porters Neck
Buyer's Agent
Gwen Hawlay
Intracoastal Realty Corp
List Price
$189,000
Sold Price
$187,000
Premium/Discount to List
-$2,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$183,612
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2011
Sold by
Burke Isabel Rowe and The Estate Of Edward F Burke
Bought by
Burke Isabel Rowe

Purchase Details

Closed on
Jan 1, 2001
Bought by
Burke Edward F Neva B

Purchase Details

Closed on
Jul 1, 1993
Sold by
Burke Edward F
Bought by
Burke Edward F Isabell

Purchase Details

Closed on
Oct 31, 1989
Sold by
Burke Edward F Neva B
Bought by
Burke Edward F
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
Ellis Cory $400,000 None Listed On Document
Pham Ngoan $187,000 None Available
Burke Isabel Rowe -- None Available
Burke Edward F Neva B $100 --
Burke Edward F Isabell -- --
Burke Edward F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Cory $372,400
Previous Owner Pham Ngoan $183,612
Previous Owner Burke Edward F $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $392,000 -2.0% $223 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $399,900 -1.2% $227 / Sq Ft
03/21/2024 03/21/24 Price Changed $404,900 0.0% $230 / Sq Ft
02/14/2024 02/14/24 Price Changed $405,000 -2.4% $230 / Sq Ft
01/26/2024 01/26/24 For Sale $415,000 +121.9% $236 / Sq Ft
11/02/2016 11/02/16 Sold $187,000 -1.1% $106 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $189,000 -- $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
2023 $957 $169,000 $47,100 $121,900
2022 $959 $169,000 $47,100 $121,900
2021 $937 $169,000 $47,100 $121,900
2020 $917 $145,000 $36,000 $109,000
2019 $917 $145,000 $36,000 $109,000
2018 $917 $145,000 $36,000 $109,000
2017 $939 $145,000 $36,000 $109,000
2016 $677 $142,700 $45,000 $97,700
2015 $571 $133,700 $45,000 $88,700
2014 $561 $133,700 $45,000 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100424266

Hive MLS

APN: R03319-010-006-000