NOT LISTED FOR SALE

1509 Faulkenberry Rd Wilmington, NC 28409

Estimated Value: $480,000 - $523,000

4 Beds
4 Baths
1,966 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 15, 2014

Last sale price $240,000 $122 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,955/month

42 Days on Market

Highlights

  • 0.78 Acre Lot
  • Wood Flooring
  • Living Room
  • Edwin A. Anderson Elementary School Rated A-
  • Formal Dining Room
  • Family Room

About This Home

As of July 2014

Come home to a quality built residence on an uniquely gorgeous lot in south Wilmington. Buyers will appreciate the special mother-in-law suite (complete with kitchenette and bathroom) that is accessed from a separate entrance upstairs. Enjoy the very large backyard with mature landscaping and privacy. This home has it all with 3 bedrooms up (plus the suite!) and an open kitchen to the family room. Find contentment in the relaxing summer dinners on the screened-in porch, and watch the kids play in the lush yard with so much to discover. Do not miss this one!

Last Agent to Sell the Property

Stephanie Lanier

The Lanier Property Group Inc. Listed on: 04/15/2014

Co-Listed By

Andrew Lanier

The Lanier Property Group Inc.

Last Buyer's Agent

Jessica Riffle Edwards

Coldwell Banker Sea Coast Advantage License #227658

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1998

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 113x315x408x64
  • Property is zoned R-15

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 1,966 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Fuel Tank

Community Details

  • Grove Point Subdivision

Listing and Financial Details

  • Tax Lot 5889

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,638

Year Built

Built in 1998

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1800 - 1999
  • List Price per Sq Ft: 124.62
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • 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
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 1966.00
  • Total Heated Primary Separate Sq Ft: 1966.00

Exterior Features

  • Foundation: Slab
  • Road Type Frontage: Paved, Public (City/Cty/St)

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher
  • Fuel Tank Ownership: Leased
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOAAssociationFee1Year: 1680.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 693.00
  • Lot Acres: 0.78
  • Lot Dimensions: 113x315x408x64
  • Lot Number: 5889
  • Lot Sq Ft: 33977.00
  • Zoning: R-15

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 5, 2014
Sold by
Stancil Gregory A and Stancil Jennifer
Bought by
Martin Kristen and Martin Aaron
Seller's Agent
Stephanie Lanier
The Lanier Property Group Inc.
Buyer's Agent
Jessica Riffle Edwards
Coldwell Banker Sea Coast Advantage
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$506,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,630
Avg. Annual Appreciation
6.87%
Original Mortgage
$235,653
Outstanding Balance
$179,056
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$327,574

Purchase Details

Closed on
Dec 18, 2002
Sold by
Stancil Rebecca B
Bought by
Stancil Gregory A

Purchase Details

Closed on
Dec 16, 2002
Sold by
Stancil Gregory A
Bought by
Stancil Gregory A Jennifer

Purchase Details

Closed on
Oct 21, 1998
Sold by
Archill Builders Inc
Bought by
Stancil Rebecca B

Purchase Details

Closed on
Jun 1, 1998
Sold by
Landmark Developers Inc
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
May 22, 1998
Sold by
Landmark Developers Inc
Bought by
Archill Builders Inc

Purchase Details

Closed on
Mar 12, 1993
Sold by
Gps Inc
Bought by
Landmark Developers Inc
Source: Public Records

Range of Values:

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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
Martin Kristen $240,000 None Available
Stancil Gregory A -- --
Stancil Gregory A Jennifer -- --
Stancil Rebecca B $186,000 --
New Han Cnty Water/Sewer -- --
Archill Builders Inc $30,000 --
Landmark Developers Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Kristen $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $240,000 -2.0% $122 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $245,000 -- $125 / 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 $1,638 $459,900 $164,900 $295,000
2023 $1,638 $299,300 $98,000 $201,300
2022 $1,647 $299,300 $98,000 $201,300
2021 $1,651 $299,300 $98,000 $201,300
2020 $1,495 $236,300 $75,000 $161,300
2019 $1,495 $236,300 $75,000 $161,300
2018 $1,495 $236,300 $75,000 $161,300
2017 $1,530 $236,300 $75,000 $161,300
2016 $1,483 $214,000 $75,000 $139,000
2015 $1,378 $214,000 $75,000 $139,000
2014 $1,355 $214,000 $75,000 $139,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Stephanie Lanier

    The Lanier Property Group Inc.

  • A

    Seller Co-Listing Agent in 2014

    Andrew Lanier

    The Lanier Property Group Inc.

  • J

    Buyer's Agent in 2014

    Jessica Riffle Edwards

    Coldwell Banker Sea Coast Advantage

    (910) 202-2844

    7 in this area

    186 Total Sales

    Jessica Riffle Edwards
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Map

Source: Hive MLS

MLS Number: 30502800

Hive MLS

APN: R07900-006-017-000

North Carolina New Hanover County Wilmington 28409

1509 Faulkenberry Rd, Wilmington, NC

This home is located at 1509 Faulkenberry Rd, Wilmington, NC 28409 since 15 April 2014 and is currently estimated at $506,630, approximately $257 per square foot. This property was built in 1998. 1509 Faulkenberry Rd is a home located in New Hanover County with nearby schools including Edwin A. Anderson Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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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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