NOT LISTED FOR SALE

1509 Grace St Wilmington, NC 28401

Carolina Heights Neighborhood

Estimated Value: $581,000 - $696,000

3 Beds
1.5 Baths
2,633 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $354,500 $135 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,582/month

8 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Home Office
  • Main Floor Primary Bedroom
  • No HOA
  • Formal Dining Room

About This Home

As of April 2016

Beautiful Historic Overlay brick home located in the mansion area of downtown Wilmington. Built in the 1920s & situated on a huge lot! You will fall in love instantly with this beauty. Traditional charm with a great floor plan. A walk way welcomes you to the front porch that looks like it is ready for a Southern Living cover. From there you enter a large, light filled foyer with a gracious staircase accented with wood floors & a beautiful chandelier. This home has over 2,600 sq. ft. of very comfortable living space. Large entertaining areas, living room has tall windows, high ceilings, french doors & a paneled, gas fireplace. Large formal dining leads to a kitchen that is large enough for an eat in area. Updated cabinets, granite tops & stainless appliances.

Last Agent to Sell the Property

Sam Simmons

Port City Properties, Inc License #85157 Listed on: 03/16/2016

Last Buyer's Agent

Bob McCorkle

Intracoastal Realty Corp License #32520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1923

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Property is zoned R-7

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,633 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04814-020-009-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,258

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Gas Logs
  • List Price per Sq Ft: 136.35
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2633.00
  • Total Heated Primary Separate Sq Ft: 2633.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Wood Siding
  • Fencing: Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Slate

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 1705.00
  • Lot Acres: 0.31
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 13530.00
  • Zoning: R-7

Tax Info

  • Tax Identifier: R04814-020-009-000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 26, 2016
Sold by
Boyette Geannine Marie and Ingram Lori Ann
Bought by
Vernon Ketherine Hilery and Wharff Michael Alexander
Seller's Agent
Sam Simmons
Port City Properties, Inc
Buyer's Agent
Bob McCorkle
Intracoastal Realty Corp
List Price
$359,000
Sold Price
$354,500
Premium/Discount to List
-$4,500
-1.25%
Current Estimated Value
$621,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,753
Avg. Annual Appreciation
6.15%
Original Mortgage
$283,600
Outstanding Balance
$229,285
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$392,031

Purchase Details

Closed on
Nov 18, 2008
Sold by
Boyette Geannine Marie
Bought by
Boyette Geannine Marie and Ingram Lori Ann

Purchase Details

Closed on
Nov 15, 2005
Sold by
Harmon Cassandra Kay
Bought by
Boyette Geannine Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 26, 2002
Sold by
Bean Sarah G Randal T Smith
Bought by
Boyette Geannine Marie

Purchase Details

Closed on
May 26, 1995
Sold by
Wright E Mitchell Maria R
Bought by
Bean Sarah G Randal T Smith

Purchase Details

Closed on
Nov 1, 1987
Sold by
Kechley David Jerilee
Bought by
Wright E Mitchell Maria R

Purchase Details

Closed on
Oct 1, 1981
Sold by
Siglock Carl C Paula J
Bought by
Kechley David Jerilee

Purchase Details

Closed on
Feb 1, 1977
Bought by
Siglock Carl C Paula J
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
Vernon Ketherine Hilery $354,500 None Available
Boyette Geannine Marie -- None Available
Boyette Geannine Marie -- None Available
Boyette Geannine Marie $195,000 --
Bean Sarah G Randal T Smith $128,000 --
Wright E Mitchell Maria R $70,000 --
Kechley David Jerilee $27,600 --
Siglock Carl C Paula J $27,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon Ketherine Hilery $283,600
Previous Owner Boyette Geannine Marie $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $354,500 -1.3% $135 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $359,000 -- $136 / 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 $3,258 $374,500 $75,700 $298,800
2022 $3,183 $374,500 $75,700 $298,800
2021 $3,205 $374,500 $75,700 $298,800
2020 $3,790 $359,800 $106,600 $253,200
2019 $3,790 $359,800 $106,600 $253,200
2018 $3,790 $359,800 $106,600 $253,200
2017 $3,790 $359,800 $106,600 $253,200
2016 $2,853 $257,500 $99,500 $158,000
2015 $2,727 $257,500 $99,500 $158,000
2014 $2,611 $257,500 $99,500 $158,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sam Simmons

    Port City Properties, Inc

    (910) 264-3610

    42 Total Sales

    Sam Simmons
    Section Image

  • B

    Buyer's Agent in 2016

    Bob McCorkle

    Intracoastal Realty Corp

    (910) 256-4503

    1 in this area

    105 Total Sales

    Bob McCorkle
    Section Image
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Map

Source: Hive MLS

MLS Number: 100005668

Hive MLS

APN: R04814-020-009-000

North Carolina New Hanover County Wilmington 28401 Carolina Heights

1509 Grace St, Wilmington, NC

This home is located at 1509 Grace St, Wilmington, NC 28401 since 16 March 2016 and is currently estimated at $621,253, approximately $235 per square foot. This property was built in 1923. 1509 Grace St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

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