NOT LISTED FOR SALE

1207 Verandah Way Wilmington, NC 28411

Estimated Value: $697,900 - $740,000

2 Beds
2 Baths
1,528 Sq Ft
$467/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $557,000 $365 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,250/month

3 Days on Market

Highlights

  • Boat Dock
  • Lake View
  • Solid Surface Countertops
  • Porters Neck Elementary School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of December 2021

Total property sqft 2104, 3 bdrm 3 bath.Designed with distinction! This Coastal Southern Craftsman Cottage evokes nostalgia and serenity. Fully remodeled in a stylish contemporary design. The property is set on a beautifully landscaped lot overlooking pristine Laurel Lea Lake. You are welcomed to the home from the large gathering front porch. The interior upgrades feature refinished hardwood floors, new lighting fixtures, sound speakers and fresh decor paint. The sunny greatroom has crown molding and a cozy gas fireplace. Archway entry into the newly updated kitchen. Quartz counters, designer tile back splash and custom cabinetry. Detailed display hallway bookshelf with accent lighting. Spacious master suite has a stylish bath with expanded walk-in shower and cedar lined walk-in closet. Built in desk and shelves in the transition room. The custom engineered crofter is a true dream. Use as a 3rd bedroom guest quarter, home office, or gameroom. Adjoining with kitchen, walk in closet and tile floor bath. Fun elevated kids loft with barn door and rolling library ladder access. Heated floors and lake views as extras. Relaxing backyard screened porch. 2 car garage. The tree lined avenue community features lakeside pier and dock for kayak use and watching nature,. Quaint gazebos throughout. Neighborhood has in-ground pool, gardens, boathouse and much more. Easy access to water activities, shopping and new elementary school just down the road.

Last Agent to Sell the Property

Brett Knowles

Coldwell Banker Sea Coast Advantage License #173727 Listed on: 10/22/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christopher Spivey

Keller Williams Innovate-Wilmington License #225573

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1999

Lot Details

  • 9,256 Sq Ft Lot
  • Lot Dimensions are 60x150x62x162
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Lake Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R03700-003-032-000

Community Details

Overview

  • Laurel Lea Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Community Pool

Additional Features

  • Community Garden
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,808

Year Built

Built in 1999

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Solid Surface, Walk-in Shower, Gas Logs, Pantry, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 261.36
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Separate Living Spcs Addl Suite Desc: 3rd bath
  • Additional Living Spaces with Kitchen Description: crofter
  • Separate Living Spcs Crofter Desc: 576 SF
  • Sq Ft Heated: 1528.00
  • Sq Ft Heated Separate: 576.00
  • Total Heated Primary Separate Sq Ft: 2104.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, RV/Boat Storage, Maint - Comm Areas, Management, Maint - Roads, Comm Garden, Community Pool
  • HOAAssociationFee1Year: 2040.00

Lot Info

  • Deed Page: 1028.00
  • Lot Acres: 0.21
  • Lot Dimensions: 60x150x62x162
  • Lot Sq Ft: 9256.00
  • Zoning: R-20
  • Lot View Type: Lake View

Tax Info

  • Tax Identifier: R03700-003-032-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 1807.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 1, 2021
Sold by
Albers Richard C and Albers Janet F
Bought by
Strickland Jonathan N
Seller's Agent
Brett Knowles
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christopher Spivey
Keller Williams Innovate-Wilmington
List Price
$549,900
Sold Price
$557,000
Premium/Discount to List
$7,100
1.29%
Current Estimated Value
$714,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,225
Avg. Annual Appreciation
6.15%
Original Mortgage
$492,100
Outstanding Balance
$457,113
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$239,094

Purchase Details

Closed on
Mar 8, 2010
Sold by
Albers Richard C
Bought by
Albers Richard C and Albers Janet F

Purchase Details

Closed on
Apr 28, 2000
Sold by
Double L Developers Llc
Bought by
Albers Richard C

Purchase Details

Closed on
Sep 5, 1997
Sold by
Hallway Llc
Bought by
Double L Developers 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
Strickland Jonathan N $557,000 None Available
Albers Richard C -- None Available
Albers Richard C $185,000 --
Double L Developers Llc $1,033,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickland Jonathan N $50,000
Open Strickland Jonathan N $492,100
Previous Owner Albers Richard C $285,000
Previous Owner Albers Richard C $216,000
Previous Owner Albers Richard C $57,500
Previous Owner Albers Richard C $240,800
Previous Owner Albers Richard C $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $557,000 +1.3% $365 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $549,900 -- $360 / 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 $2,258 $418,000 $121,100 $296,900
2022 $2,273 $418,000 $121,100 $296,900
2021 $2,301 $418,000 $121,100 $296,900
2020 $1,808 $285,800 $103,600 $182,200
2019 $1,808 $272,400 $103,600 $168,800
2018 $1,723 $272,400 $103,600 $168,800
2017 $1,764 $272,400 $103,600 $168,800
2016 $1,692 $244,200 $95,000 $149,200
2015 $1,573 $244,200 $95,000 $149,200
2014 $1,546 $244,200 $95,000 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100296296

Hive MLS

APN: R03700-003-032-000