NOT LISTED FOR SALE

124 Grainger Point Rd Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $631,000 - $723,000

4 Beds
3.5 Baths
2,854 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $275,000 $96 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,052/month

73 Days on Market

Highlights

  • Finished Room Over Garage
  • 1 Acre Lot
  • Wood Flooring
  • Masonboro Elementary School Rated A
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of July 2013

Rare find...Cute coastal themed home with Approx. 1 acre of land, oversized bonus room over the garage with vaulted ceiling and full bath, workshop in the back yard, fenced in back yard, awesome refreshing sunroom, large deck, large wood burning fireplace, walk-in closets, and more... its easy private living without having to drive far to your favorite restaurant. Low traffic community has only one road with cul-de-sac. Room to park your boat in driveway or back yard. Extensive landscaping. Room over garage could be 4th bedroom, guest quarters, nanny quarters/mother-in-law suite, home office, or home theater... the possibilities are endless. Storage galore in the over-sized garage and closets. Light and bright rooms. Come see and imagine what you can bring to this wonderful location!

Last Agent to Sell the Property

Michelle Carpenter

Sea Gate Realty, Inc. License #176715 Listed on: 05/03/2013

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 134x261x181x274
  • Fenced Yard
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 2,854 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Storm Windows

Kitchen

  • Convection Oven
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Finished Room Over Garage
  • Lighted Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 314508788387000

Community Details

Overview

  • No Home Owners Association
  • Grainger Point Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,715

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Blinds/Shades, Workshop, Ceiling Fan(s)
  • List Price per Sq Ft: 104.77
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • 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
  • Sunroom Level: First
  • Sq Ft Heated: 2854.00
  • Total Heated Primary Separate Sq Ft: 2854.00

Exterior Features

  • Exterior Features: Security Lighting, Thermal Windows, Storm Windows
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage, Workshop
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Other See Remarks: Cmnt,Lghtd,Pad
  • Total Garage Spaces: 2.00
  • Parking Driveway: Lighted, On Site, Off Street

Utilities

  • Appliances Equipment: Convection Oven, Dishwasher, Washer, Refrigerator, Ice Maker, Dryer
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1094.00
  • Lot Acres: 1.00
  • Lot Dimensions: 134x261x181x274
  • Lot Sq Ft: 43560.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: 314508788387000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 27, 2013
Sold by
Allen Gary and Allen Beverly
Bought by
Ridout Joseph B and Ridout Sarah C
Seller's Agent
Michelle Carpenter
Sea Gate Realty, Inc.
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$330,000
Sold Price
$275,000
Premium/Discount to List
-$55,000
-16.67%
Current Estimated Value
$686,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,786
Avg. Annual Appreciation
7.25%
Original Mortgage
$245,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Allen Gary and Allen Beverly
Bought by
Allen Gary and Allen Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2003
Sold by
Kaluzny John T Joanne B
Bought by
Allen Gary Beverly

Purchase Details

Closed on
Sep 15, 1995
Sold by
Hemby Allen A Miriam B
Bought by
Kaluzny John T Joanne B

Purchase Details

Closed on
Oct 1, 1978
Bought by
Hemby Allen A Miriam B
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
Ridout Joseph B $275,000 None Available
Allen Gary -- None Available
Allen Gary Beverly $226,500 --
Kaluzny John T Joanne B $187,000 --
Hemby Allen A Miriam B $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridout Joseph B $210,500
Closed Ridout Joseph B $245,000
Previous Owner Allen Beverly $270,400
Previous Owner Allen Gary $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $275,000 -16.7% $96 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $330,000 -- $116 / 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 $3,715 $382,400 $176,800 $205,600
2022 $3,250 $382,400 $176,800 $205,600
2021 $3,273 $382,400 $176,800 $205,600
2020 $2,940 $279,100 $93,800 $185,300
2019 $2,907 $276,000 $93,800 $182,200
2018 $2,907 $276,000 $93,800 $182,200
2017 $2,907 $276,000 $93,800 $182,200
2016 $2,964 $267,500 $93,800 $173,700
2015 $2,833 $267,500 $93,800 $173,700
2014 $1,154 $113,800 $93,800 $20,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michelle Carpenter

    Sea Gate Realty, Inc.

    (910) 540-7744

    7 Total Sales

    Michelle Carpenter
    Section Image
  • Keith Beatty

    Buyer's Agent in 2013

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    13 in this area

    1,325 Total Sales

    Keith Beatty
    Section Image
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Map

Source: Hive MLS

MLS Number: 30490543

Hive MLS

APN: R06700-005-012-016

North Carolina New Hanover County Wilmington 28409 Masonboro

124 Grainger Point Rd, Wilmington, NC

This home is located at 124 Grainger Point Rd, Wilmington, NC 28409 since 03 May 2013 and is currently estimated at $686,786, approximately $240 per square foot. This property was built in 1978. 124 Grainger Point Rd is a home located in New Hanover County with nearby schools including Masonboro Elementary School, Roland-Grise Middle School, and John T. Hoggard 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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