NOT LISTED FOR SALE

118 Raye Dr Wilmington, NC 28412

Estimated Value: $293,000 - $314,000

3 Beds
2 Baths
1,370 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $270,000 $197 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,679/month

6 Days on Market

Highlights

  • Wooded Lot
  • Vaulted Ceiling
  • Formal Dining Room
  • Myrtle Grove Middle School Rated 9+
  • Enclosed Patio or Porch
  • Fenced Yard

About This Home

As of February 2022

Welcome home to your conveniently located 3 bed 2 bath patio home in the heart of Monkey Junction, just miles to the highly rated beaches, schools, parks, golf and medical facilities. Built in 2003, this home has a sitting front porch, fenced in yard, sunroom and screened in back porch. This lovely home has a very open floorplan with lots of natural light, tiledfloor entry, with glass enclosed private patio or garden room off dining room with outside access. Living room has trey ceiling and gas log fireplace leading to your delightful screened in porch overlooking your fully fenced in back yard with beautiful gardens. The galley kitchen has all white cabinets with pull out organizational drawers in all of the lower cabinets as well as breakfast bar. Tasteful neutral colors throughout, split bedroom plan, smooth ceilings with fans and 2 of the bedrooms have large walk in closets. Large Master has vaulted ceilings and garden tub. Fully finished and painted garage with automatic garage door opener leads to your laundry room/drop zone off the kitchen. Great for kids or pets and additional storage shed in the backyard. Go for a swim a hike or play golf minutes from your door as your are located between two major golf courses and get ready for the new Harris Teeter grocery store opening soon ! Don't let this one get away, make an appointment today!

Last Agent to Sell the Property

Sara Hauser

Hauser Real Estate Company License #241125 Listed on: 01/09/2022

Last Buyer's Agent

Shay Perryman

Coastal Lights Realty License #211792

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,094 Sq Ft Lot
  • Lot Dimensions are 40x131x53x131
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Open Lot
  • Wooded Lot
  • Property is zoned R-15

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Steel Frame
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Hallway
  • Accessible Entrance

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Tank Leased
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R07117002045000

Community Details

Overview

  • Forest Grove Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Entrance, Hallways
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Whole House Fan, Walk-In Closet, Foyer, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 178.83
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1370.00
  • Total Heated Primary Separate Sq Ft: 1370.00

Exterior Features

  • Exterior Features: DP50 Windows, Gas Logs
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, See Remarks, Screened, Porch, Enclosed
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Microwave - Built-In, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Gas
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Aqua Sewer
  • Service Providers Water Provider: Aqua North Carolina
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, No Amenities, Management, Maint - Roads
  • HOAAssociationFee1Year: 360.00

Lot Info

  • Deed Page: 6365.00
  • Lot Acres: 0.14
  • Lot Description: Open, Wooded
  • Lot Dimensions: 40x131x53x131
  • Lot Number: 3
  • Lot Sq Ft: 6094.00
  • Lot Water Features: None
  • Zoning: R-15

Tax Info

  • Tax Identifier: R07117002045000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2022
Closed on
Feb 22, 2022
Sold by
Loraine Gerritz Living Trust
Bought by
Perryman Matthew N and Perryman Anna
Seller's Agent
Sara Hauser
Hauser Real Estate Company
Buyer's Agent
Shay Perryman
Coastal Lights Realty
List Price
$245,000
Sold Price
$270,000
Premium/Discount to List
$25,000
10.2%
Current Estimated Value
$295,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,934
Avg. Annual Appreciation
2.87%
Original Mortgage
$202,500
Outstanding Balance
$188,037
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$112,777

Purchase Details

Closed on
Mar 1, 2012
Sold by
Gerritz Loraine D and Douglas Felicia R
Bought by
Loraine Gerritz Living Trust

Purchase Details

Closed on
Oct 23, 2009
Sold by
Loraine Gerritz Living Trust
Bought by
Gerritz Loraine D and Douglas Felicia R

Purchase Details

Closed on
Apr 3, 2008
Sold by
Laplante David and Steinberg Elizabeth A
Bought by
Loraine Gerritz Living Trust

Purchase Details

Closed on
Jan 12, 2004
Sold by
Bonner James P Marsha D
Bought by
Laplante David

Purchase Details

Closed on
Sep 9, 2003
Sold by
Hill Broadus E Iii Katherine R
Bought by
Bonner James P Marsha D

Purchase Details

Closed on
Mar 30, 2000
Sold by
Hill & Williams Constr Co Llc
Bought by
Hill Broadus E Iii Katherine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Perryman Matthew N $202,500 Law Office Of Jeffrey W Porter
Loraine Gerritz Living Trust -- None Available
Gerritz Loraine D -- None Available
Loraine Gerritz Living Trust $175,000 None Available
Laplante David $115,000 --
Bonner James P Marsha D $52,000 --
Hill Broadus E Iii Katherine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perryman Matthew N $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $270,000 +10.2% $197 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/09/2022 01/09/22 For Sale $245,000 -- $179 / 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 $1,110 $273,900 $72,000 $201,900
2023 $1,102 $196,800 $56,300 $140,500
2022 $1,106 $196,800 $56,300 $140,500
2021 $551 $196,800 $56,300 $140,500
2020 $458 $144,800 $40,000 $104,800
2019 $458 $144,800 $40,000 $104,800
2018 $458 $144,800 $40,000 $104,800
2017 $469 $144,800 $40,000 $104,800
2016 $454 $131,100 $40,000 $91,100
2015 $422 $131,100 $40,000 $91,100
2014 $415 $131,100 $40,000 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100307147

Hive MLS

APN: R07117-002-045-000