$297,000 - $352,000
RENTED APR 28, 2025

150 Raye Dr Wilmington, NC 28412

4 Beds
2.5 Baths
1,568 Sq Ft
$206 Price per Sq Ft

Last Sold December 30, 2024

Last sale price $290,000 $185 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,874/month

Highlights

  • Deck
  • 1 Car Attached Garage
  • Ceiling Fan
  • Fenced Yard
  • Living Room
  • Heat Pump System

About This Home

As of April 2025

Welcome to Forest Grove in Wilmington, NC! This charming 4-bedroom, 2.5-bathroom house boasts a newly renovated interior, including a fresh coat of paint and a brand new kitchen, HUGE pantry, new LVP floors downstairs and new carpets in upstairs bedrooms. One bedroom downstairs with hardwood floors or could be used as an office or TV room.Step outside onto the deck and enjoy the peaceful surroundings of this lovely neighborhood. Fenced back yard. . With plenty of space for entertaining or relaxing, this house is perfect for those looking for a comfortable and updated living space. Don't miss out on the opportunity to make this house your new home!

Last Agent to Rent the Property

Karen Parkin Brunt

Wilmington's Best Rentals License #191088 Listed on: 03/10/2025

Last Renter's Agent

Karen Parkin Brunt

Wilmington's Best Rentals License #191088 Listed on: 03/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 2005

Lot Details

  • Fenced Yard
  • Wood Fence

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Williams Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Additional Features

  • Deck
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Forest Grove Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, water, trash removal, sewer, pest control, lawn maint, heating, electricity, deposit, cooling
  • The owner pays for hoa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Owner Pays: HOA
  • Tenant Pays: Cable TV, Water, Trash Removal, Sewer, Pest Control, Lawn Maint, Heating, Electricity, Deposit, Cooling

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • PetsAllowedPetsAllowed: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: None
  • Interior Amenities: Ceiling Fan(s), Pantry, Wash/Dry Connect, Smoke Detectors
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6

Exterior Features

  • Fencing: Back Yard, Wood
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Attached, Paved

Utilities

  • Fuel Tank: None
  • Heating System: Heat Pump
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

MLS Schools

  • Elementary School: Williams
  • High School: Ashley
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Dec 27, 2024
Sold by
Lanier Kelly
Bought by
Shah Ishan Dharmesh
Seller's Agent
Nathan Pelsh
Bryant Real Estate
Buyer's Agent
Karen Parkin Brunt
Coastal Properties
List Price
$320,000
Sold Price
$290,000
Premium/Discount to List
-$30,000
-9.38%
Views
66
Current Estimated Value
$324,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,733
Avg. Annual Appreciation
20.00%

Purchase Details

Listed on
Feb 1, 2017
Closed on
Aug 7, 2017
Sold by
Morrett Cheryl
Bought by
Lanier Kelly
Seller's Agent
Ed & Sheila Rudolph
Keller Williams Innovate-Wilmington
Buyer's Agent
LaDee Piner
Piner Real Estate
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$176,739
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 16, 2013
Sold by
Nationwide Advantage Mortgage Company
Bought by
Morrett Cheryl
Seller's Agent
Taylor Greene
Century 21 Coastal Advantage
Buyer's Agent
Oscar Garcia
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$96,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
Jones Brian K
Bought by
Nationwide Advantage Mortgage Company

Purchase Details

Closed on
Jun 20, 2006
Sold by
Home Life Inc
Bought by
Jones Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,940
Interest Rate
6.55%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2003
Sold by
Hill Broadus E Iii Katherine R
Bought by
Forest Grove Dev Wilm Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shah Ishan Dharmesh $290,000 None Listed On Document
Shah Ishan Dharmesh $290,000 None Listed On Document
Lanier Kelly $180,000 None Available
Morrett Cheryl $120,000 None Available
Nationwide Advantage Mortgage Company $231,751 None Available
Jones Brian $198,000 None Available
Forest Grove Dev Wilm Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanier Kelly $52,796
Previous Owner Lanier Kelly $176,739
Previous Owner Morrett Cheryl $96,000
Previous Owner Jones Brian $19,500
Previous Owner Jones Brian $194,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Rented $2,100 0.0% --
04/14/2025 04/14/25 Price Changed $2,100 -4.5% $1 / Sq Ft
03/10/2025 03/10/25 For Rent $2,200 0.0% --
12/30/2024 12/30/24 Sold $290,000 -3.3% $181 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
12/10/2024 12/10/24 Price Changed $299,900 -3.3% $187 / Sq Ft
11/27/2024 11/27/24 Price Changed $310,000 -3.1% $193 / Sq Ft
11/16/2024 11/16/24 For Sale $320,000 +77.8% $199 / Sq Ft
08/22/2017 08/22/17 Sold $180,000 -5.3% $112 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $190,000 +58.3% $118 / Sq Ft
01/27/2014 01/27/14 Sold $120,000 +0.1% $77 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $119,900 -- $76 / 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
2024 $1,153 $206,600 $56,400 $150,200
2023 $1,147 $206,600 $56,400 $150,200
2022 $1,158 $206,600 $56,400 $150,200
2021 $1,143 $206,600 $56,400 $150,200
2020 $966 $152,700 $40,000 $112,700
2019 $966 $152,700 $40,000 $112,700
2018 $966 $152,700 $40,000 $112,700
2017 $989 $152,700 $40,000 $112,700
2016 $963 $139,000 $40,000 $99,000
2015 $895 $139,000 $40,000 $99,000
2014 $880 $139,000 $40,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100493429

Hive MLS

APN: R07117-002-061-000