NOT LISTED FOR SALE

1407 Faulkenberry Rd Wilmington, NC 28409

Estimated Value: $357,216 - $406,000

3 Beds
2 Baths
1,742 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $195,000 $112 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,079/month

Highlights

  • Fenced Yard
  • Enclosed Patio or Porch
  • Maintained Community
  • Edwin A. Anderson Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of July 2020

Charming home in Monkey Junction area of Wilmington is now ready for rent. This 3 bedroom, 2 bath home comes with formal dinning room, eat in kitchen, enclosed back porch and bonus room off kitchen. There is a fenced in back yard with washer and dryer supplied by owner. Home is ready now. Look at pictures then call for a showing.

Last Agent to Rent the Property

David Dougherty

DDH Realty, LLC License #259362 Listed on: 07/13/2020

Last Renter's Agent

David Dougherty

DDH Realty, LLC License #259362 Listed on: 07/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1994

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Parking

  • Off-Street Parking

Interior Spaces

  • 1-Story Property
  • Blinds

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Anderson Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Laurel Ridge Subdivision
  • Maintained Community

Listing and Financial Details

  • Tenant pays for cable TV, deposit, electricity, heating, lawn maint, sewer, water
  • The owner pays for hoa
  • No Smoking Allowed
  • 12 Month Lease Term
  • $50 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1994

Lot Details

0

Rental Info

  • Pets: Negotiable
  • Owner Pays: HOA
  • Lease Terms: 1 Year Lease, More than 1 Year
  • Tenant Pays: Cable TV, Deposit, Electricity, Heating, Lawn Maint, Sewer, Water
  • Pet Fees: Yes
  • Security Deposit: Yes
  • Smoking: No

Listing Details

  • Property Type: D
  • Sub Type: Single Family Residence
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: None
  • Interior Amenities: Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 3

Exterior Features

  • Exterior Features: None
  • Fencing: Back Yard
  • Porch Balcony Deck: Enclosed, Porch
  • Road Type Frontage: Paved

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: County Sewer, County Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas

Condo/Co-op/Association

  • Application Fee: 50.00

Schools

  • School District: New Hanover
  • Elementary School: Anderson
  • Middle School: Murray
  • High School: Ashley

Lot Info

  • Lot Acres: 0.15
  • Lot Sq Ft: 6534.00

MLS Schools

  • Elementary School: Anderson
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 15, 2018
Sold by
Sunderland Preston J and Sunderland Tiffani N
Bought by
Wood Taylor K
Seller's Agent
Quentin Jones
Nest Realty
Buyer's Agent
Natalie Bigg
BlueCoast Realty Corporation
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$372,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,304
Avg. Annual Appreciation
8.87%
Original Mortgage
$185,250
Outstanding Balance
$158,138
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$214,166

Purchase Details

Listed on
Mar 3, 2014
Closed on
Sep 10, 2014
Sold by
Wilson Mary M
Bought by
Sunderland Preston J and Sunderland Tiffani N
Seller's Agent
Gayle Whetzel
Wilkinson ERA Real Estate
Buyer's Agent
Quentin Jones
Nest Realty
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$147,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1998
Sold by
Plaskett Beverly
Bought by
Wilson Mary M

Purchase Details

Closed on
May 18, 1998
Sold by
Cousin Dorothy
Bought by
Plaskett Beverly

Purchase Details

Closed on
Mar 30, 1994
Sold by
Landmark Homes Inc
Bought by
Cousin Dorothy

Purchase Details

Closed on
Dec 23, 1993
Sold by
Landmark Developers Inc
Bought by
Landmark Homes Inc

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
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
Wood Taylor K $195,000 None Available
Sunderland Preston J $155,000 None Available
Wilson Mary M $123,000 --
Plaskett Beverly -- --
Cousin Dorothy $99,000 --
Landmark Homes Inc -- --
Landmark Developers Inc -- --
Gps Inc $6,775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Taylor K $185,250
Previous Owner Sunderland Preston J $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2020 07/13/20 Rented $1,650 0.0% --
07/13/2020 07/13/20 For Rent $1,650 0.0% --
03/16/2018 03/16/18 Sold $195,000 0.0% $125 / Sq Ft View Prior Sale
02/10/2018 02/10/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $195,000 +25.8% $125 / Sq Ft
10/14/2014 10/14/14 Sold $155,000 -16.2% $100 / Sq Ft View Prior Sale
09/04/2014 09/04/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $185,000 -- $120 / 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
2025 $1,327 $372,200 $104,600 $267,600
2023 $1,327 $239,800 $60,200 $179,600
2022 $1,333 $239,800 $60,200 $179,600
2021 $1,325 $239,800 $60,200 $179,600
2020 $1,056 $166,900 $40,000 $126,900
2019 $1,056 $166,900 $40,000 $126,900
2018 $1,056 $166,900 $40,000 $126,900
2017 $1,081 $166,900 $40,000 $126,900
2016 $1,033 $149,100 $40,000 $109,100
2015 $960 $149,100 $40,000 $109,100
2014 $944 $149,100 $40,000 $109,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100226619

Hive MLS

APN: R07918-008-016-000