NOT LISTED FOR SALE

127 Cannon Rd Wilmington, NC 28411

Estimated Value: $388,000 - $508,000

3 Beds
2 Baths
1,447 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $388,000 $268 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,591/month

6 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • No HOA
  • Ogden Elementary School Rated A-
  • Vaulted Ceiling
  • Formal Dining Room

About This Home

As of November 2022

This terrific 3 bedroom 2 full bath home in Gorman Plantation is move in ready with a long list of updates including: New HVAC (2022), New roof (Dec 2021), new stainless steel oven/stove and dishwasher in the kitchen, newer LVP flooring with lifetime guarantee throughout the home (2020), newer toilets and shower fixtures in the baths (2021), new garage door (2022), and a newer storage shed in the backyard (2021). The floor plan is bright and airy and includes a formal dining room that could also serve as a home office, and a breakfast nook overlooking the fenced in backyard. A large back deck built in 2021 complete with pergola and an above ground pool round out the backyard nicely. The garage was renovated to provide a living space for an elderly family member, and it can easily be reverted back to a functional two car garage. This additional 408 square foot heated and cooled space is not included in the square footage of the home. Gorman Plantation is conveniently located close to Wrightsville Beach and Mayfaire shopping and restaurants.

Last Agent to Sell the Property

Greg Barber

Barber Realty Group Inc. License #208321 Listed on: 10/18/2022

Last Buyer's Agent

Justin Barfield

Intracoastal Realty Corp License #304084

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1993

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 82 x 227 x 91 x 200
  • Fenced Yard
  • Wood Fence
  • Irrigation
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 1,447 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Schools

  • Ogden Elementary School
  • Noble Middle School
  • Laney High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Gorman Plantation Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04414-005-018-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Smoke Detectors, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 266.07
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1447.00
  • Total Heated Primary Separate Sq Ft: 1447.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shed(s)
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Condo/Co-op/Association

  • Unit Type: 3 Bedroom

Lot Info

  • Deed Book: 5555
  • Deed Page: 1562.00
  • Lot Acres: 0.41
  • Lot Dimensions: 82 X 227 X 91 X 200
  • Lot Sq Ft: 1447.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R04414-005-018-000
  • Tax Year: 2022

MLS Schools

  • Elementary School: Ogden
  • High School: Laney
  • Middle School: Noble

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 21, 2022
Sold by
Kekai Liborio Megan and Kekai Ashley
Bought by
Stowe Gray Thomas and Radack Elizabeth Lynn
Seller's Agent
Greg Barber
Barber Realty Group Inc.
Buyer's Agent
Justin Barfield
Intracoastal Realty Corp
List Price
$385,000
Sold Price
$388,000
Premium/Discount to List
$3,000
0.78%
Total Days on Market
6
Views
55
Current Estimated Value
$462,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,926
Avg. Annual Appreciation
7.14%
Original Mortgage
$343,000
Outstanding Balance
$333,839
Interest Rate
6.61%
Estimated Equity
$129,087

Purchase Details

Closed on
Apr 1, 2011
Sold by
Liborio Ernest T and Liborio Lois P
Bought by
Liborio Megan Kekai and Davis Morgan Liborio

Purchase Details

Closed on
Jul 21, 1993
Sold by
Landmark Developers Inc
Bought by
Liborio Ernest L Lois P

Purchase Details

Closed on
Mar 12, 1993
Sold by
Gps Inc
Bought by
Landmark Developers Inc

Purchase Details

Closed on
Mar 8, 1993
Sold by
Landmark Organization Inc
Bought by
Gps Inc

Purchase Details

Closed on
Jan 7, 1992
Sold by
Gorman Mildred M (Trustee)
Bought by
Landmark Organization Inc
Source: Public Records

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Range of Values:

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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
Stowe Gray Thomas $388,000 --
Liborio Megan Kekai -- None Available
Liborio Ernest L Lois P $23,500 --
Landmark Developers Inc -- --
Gps Inc $6,775,000 --
Landmark Organization Inc $571,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stowe Gray Thomas $343,000
Previous Owner English Ashleigh $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $388,000 +0.8% $268 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $385,000 -- $266 / 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 $1,609 $293,800 $123,300 $170,500
2022 $1,618 $293,800 $123,300 $170,500
2021 $1,621 $293,800 $123,300 $170,500
2020 $1,357 $214,500 $87,200 $127,300
2019 $1,357 $214,500 $87,200 $127,300
2018 $1,357 $214,500 $87,200 $127,300
2017 $1,389 $214,500 $87,200 $127,300
2016 $1,399 $201,900 $84,000 $117,900
2015 $1,300 $201,900 $84,000 $117,900
2014 $1,278 $201,900 $84,000 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100354156

Hive MLS

APN: R04414-005-018-000