NOT LISTED FOR SALE

118 River Gate Ln Wilmington, NC 28412

River Road Neighborhood

Estimated Value: $326,000 - $344,000

3 Beds
2.5 Baths
1,700 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $178,000 $105 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,246/month

29 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Community Pool
  • Heyward C. Bellamy Elementary School Rated A-
  • End Unit
  • Central Air

About This Home

As of July 2019

Great investment property!! New HVAC 2018- Tenants in place till July '19, income producing property. Located in the riverfront community of River Pointe, this END UNIT Charleston Style townhouse of 1700 s/f features 3 bedrooms, 2.5 baths, an open floor plan, stylish white cabinetry, 9 foot ceilings on first floor, and sliding doors opening to a deck overlooking wooded area. Spacious master suite features 2 closets, double vanity, shower and separate tub. Spacious secondary bedrooms. Oak floors in kitchen and entryway. Tiles floors in master bath, guest bath and laundry area. Single car garage with 2 additional parking spaces. You'll love the neighborhood pool with spectacular water views! Only minutes from Carolina-Kure beaches, shopping, dining and golf.

Last Agent to Sell the Property

David Martin

Coldwell Banker Sea Coast Advantage-CB License #279523 Listed on: 03/18/2019

Last Buyer's Agent

Sandy Borowiec

Coldwell Banker Sea Coast Advantage License #266906

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,364

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Termite Clearance
  • Laundry in Hall

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 36R
  • Assessor Parcel Number R07800-005-053-000

Community Details

Overview

  • River Pointe Subdivision
  • Maintained Community

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,364

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: End Unit, Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 9Ft+ Ceilings, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Hall
  • List Price per Sq Ft: 111.47
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1700.00
  • Total Heated Primary Separate Sq Ft: 1700.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Termite Bond, Street Lights, Maint - Comm Areas, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3600.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2924.00
  • Lot Acres: 0.03
  • Lot Dimensions: irregular
  • Lot Number: 36R
  • Lot Sq Ft: 1307.00
  • Lot Water Features: None
  • Zoning: R15

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R07800-005-053-000
  • Tax Year: 2017

MLS Schools

  • Elementary School #2: Codington
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jul 10, 2019
Sold by
Beucher Chelsea and Beucher Zachary
Bought by
Bush Carol V
Seller's Agent
David Martin
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Sandy Borowiec
Coldwell Banker Sea Coast Advantage
List Price
$189,500
Sold Price
$178,000
Premium/Discount to List
-$11,500
-6.07%
Current Estimated Value
$336,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,778
Avg. Annual Appreciation
11.05%
Original Mortgage
$128,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2016
Closed on
Aug 12, 2016
Sold by
Johnson Burgess Home
Bought by
Beucher Chelsea and Beucher Zachary
Seller's Agent
Laura Betz
RE/MAX Essential
Buyer's Agent
David Martin
Coldwell Banker Sea Coast Advantage-CB
List Price
$163,500
Sold Price
$168,000
Premium/Discount to List
$4,500
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$162,900
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2015
Sold by
Family Trust Of Edward Lee Johnson
Bought by
Johnson Burgess Horne

Purchase Details

Closed on
Sep 23, 2005
Sold by
Rivergate Land Co Llc
Bought by
River Road Building Co Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
River Road Building Co Llc
Bought by
Johnson Edward Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,680
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2003
Sold by
Wachovia Bank Na
Bought by
Rivergate Land Company Llc
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
Bush Carol V $178,000 None Available
Beucher Chelsea $168,000 None Available
Johnson Burgess Horne -- None Available
River Road Building Co Llc -- None Available
Johnson Edward Lee $182,500 None Available
Rivergate Land Company Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Carol V $130,200
Closed Bush Carol V $128,000
Previous Owner Beucher Chelsea $162,900
Previous Owner Johnson Edward Lee $145,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $178,000 -6.1% $105 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $189,500 +12.8% $111 / Sq Ft
08/15/2016 08/15/16 Sold $168,000 +2.8% $99 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $163,500 -- $96 / 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 $1,364 $247,000 $75,000 $172,000
2022 $1,371 $247,000 $75,000 $172,000
2021 $1,364 $247,000 $75,000 $172,000
2020 $1,105 $174,700 $66,200 $108,500
2019 $1,105 $174,700 $66,200 $108,500
2018 $1,105 $174,700 $66,200 $108,500
2017 $1,131 $174,700 $66,200 $108,500
2016 $1,193 $172,200 $66,200 $106,000
2015 $1,109 $172,200 $66,200 $106,000
2014 $1,090 $172,200 $66,200 $106,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Martin

    Coldwell Banker Sea Coast Advantage-CB

  • S

    Buyer's Agent in 2019

    Sandy Borowiec

    Coldwell Banker Sea Coast Advantage

  • Laura Betz

    Seller's Agent in 2016

    Laura Betz

    RE/MAX

    (910) 233-7369

    181 Total Sales

    Laura Betz
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Map

Source: Hive MLS

MLS Number: 100155500

Hive MLS

APN: R07800-005-053-000

North Carolina New Hanover County Wilmington 28412 River Road

118 River Gate Ln, Wilmington, NC

This home is located at 118 River Gate Ln, Wilmington, NC 28412 since 18 March 2019 and is currently estimated at $336,778, approximately $198 per square foot. This property was built in 2005. 118 River Gate Ln is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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