NOT LISTED FOR SALE

1226 Verandah Way Wilmington, NC 28411

Estimated Value: $872,000 - $1,038,000

4 Beds
4 Baths
2,317 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $490,000 $211 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,575/month

44 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Finished Room Over Garage
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of January 2016

Gorgeous and unique craftsman-detailed low country home on serene 6 acre lake in highly desired Laurel Lea. This neighborhood is filled with rolling green hills and lots of community area including pool, lake and community garden. A great place to walk or run or ride bikes. This custom built home offers 4 bedrooms and an office as well as basement space for recreation and tons of climate controlled storage. Home boasts open floor plan, lots of windows, hardwood floors, walnut countertops in kitchen. Large master bathroom. 2 full baths downstairs. Additional detached living space 652 square feet above garage with full bath. Additional basement square footage not included of 543 square feet. This home has so much to offer. Gorgeous covered porches and adorable gathering spaces outside!

Last Agent to Sell the Property

Caroline Dugas

Living Seaside Realty Group License #230006 Listed on: 10/23/2015

Co-Listed By

Jim Huene

Living Seaside Realty Group License #278089

Last Buyer's Agent

Bob McCorkle

Intracoastal Realty Corp License #32520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 2000

Lot Details

  • 0.37 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $140 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,317 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Lake Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Finished Room Over Garage
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Water Softener
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 5008
  • Assessor Parcel Number 3179-25-8445.000

Community Details

Overview

  • Laurel Lea Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 2000

Lot Details

0

HOA Fees

$140 per month

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: Basement, Two
  • Year Built: 2000
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Gas Logs, Ceiling Fan(s)
  • List Price per Sq Ft: 165.01
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Fished Room Over Garage Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2317.00
  • Sq Ft Heated Separate: 652.00
  • Total Heated Primary Separate Sq Ft: 2969.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Water Softener, Refrigerator, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Community System
  • Service Providers Water Provider: City/Town
  • Utilities: Community Sewer, Community Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Maint - Comm Areas, Picnic Area, Maint - Roads, Maint - Grounds, Community Pool
  • HOAAssociationFee1Year: 1680.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2466.00
  • Lot Acres: 0.37
  • Lot Dimensions: irregular
  • Lot Number: 5008
  • Lot Sq Ft: 16300.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-20
  • Lot View Type: Lake View

Tax Info

  • Tax Identifier: 3179-25-8445.000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Jan 27, 2016
Sold by
Bourne Shannon R
Bought by
Arvidson Todd Jesse Leigh and Arvidson Todd Morgan
Seller's Agent
Caroline Dugas
Living Seaside Realty Group
Buyer's Agent
Bob McCorkle
Intracoastal Realty Corp
List Price
$489,900
Sold Price
$490,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$952,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,279
Avg. Annual Appreciation
7.17%
Original Mortgage
$490,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
Gately R Bryan and Gately Ruth Angela
Bought by
Bourne Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,400
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2007
Sold by
Gately Karin B
Bought by
Gately R Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2000
Sold by
Double L Developers Llc
Bought by
Gately R Bryan Karin B

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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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
Arvidson Todd Jesse Leigh $490,000 None Available
Bourne Shannon R $618,000 None Available
Gately R Bryan -- None Available
Gately R Bryan Karin B $75,000 --
Double L Developers Llc $1,033,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Morgan Arvidson $460,000
Closed Arvidson Todd Jesse Leigh $490,000
Previous Owner Bourne Shannon R $357,000
Previous Owner Bourne Shannon R $50,000
Previous Owner Bourne Shannon R $294,400
Previous Owner Bourne Shannon R $494,400
Previous Owner Gately Robert Bryan $50,000
Previous Owner Gately R Bryan $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $490,000 0.0% $211 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $489,900 -- $211 / 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 $2,963 $553,000 $153,100 $399,900
2022 $2,985 $553,000 $153,100 $399,900
2021 $3,040 $553,000 $153,100 $399,900
2020 $2,774 $438,500 $185,300 $253,200
2019 $2,774 $438,500 $185,300 $253,200
2018 $2,774 $438,500 $185,300 $253,200
2017 $2,839 $438,500 $185,300 $253,200
2016 $2,875 $414,900 $204,000 $210,900
2015 $2,672 $414,900 $204,000 $210,900
2014 $2,626 $414,900 $204,000 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30528222

Hive MLS

APN: R03700-003-041-000