NOT LISTED FOR SALE

1509 Welch Way Wilmington, NC 28411

Estimated Value: $275,000 - $295,247

3 Beds
2 Baths
1,175 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $148,000 $126 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,588/month

About This Home

Great investment opportunity in an even better location! 3 bedroom 2 bath and a huge backyard. Newer roof and a lot of great features. House is ''as is'' and needs TLC including a new HVAC system. This home will not last long at this discounted price. Seller is in Bankruptcy and offers must be approved by attorney. It is the job of the buyer and the buyer's agent to confirm for themselves during the due diligence period any concerns with the property.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 27, 2020
Sold by
Rostholder Brian
Bought by
Hernandez Nicacio Valeriano Sales
Seller's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$154,000
Sold Price
$148,000
Premium/Discount to List
-$6,000
-3.9%
Current Estimated Value
$286,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,062
Avg. Annual Appreciation
12.93%
Original Mortgage
$110,000
Outstanding Balance
$101,765
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$184,297

Purchase Details

Closed on
Jun 4, 2010
Sold by
Debevoise Sean W
Bought by
Rostholder Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,795
Interest Rate
5.03%
Mortgage Type
VA

Purchase Details

Closed on
Dec 11, 2009
Sold by
Debevoise Rachel M
Bought by
Debevoise Sean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2006
Sold by
Coopers Holdings Llc
Bought by
Debevoise Sean W and Debevoise Rachel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.67%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Hernandez Nicacio Valeriano Sales $148,000 None Available
Rostholder Brian $130,000 None Available
Debevoise Sean W -- None Available
Debevoise Sean W $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Nicacio Valeriano Sales $110,000
Previous Owner Rostholder Brian $132,795
Previous Owner Debevoise Sean W $10,000
Previous Owner Debevoise Sean W $104,750
Previous Owner Debevoise Sean W $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2020 05/27/20 Sold $148,000 -3.9% $126 / Sq Ft View Prior Sale
03/29/2020 03/29/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $154,000 -- $131 / Sq Ft

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 $1,091 $274,800 $112,800 $162,000
2024 $903 $163,100 $70,800 $92,300
2023 $899 $163,100 $70,800 $92,300
2022 $907 $163,100 $70,800 $92,300
2021 $901 $163,100 $70,800 $92,300
2020 $752 $118,900 $31,800 $87,100
2019 $752 $118,900 $31,800 $87,100
2018 $752 $118,900 $31,800 $87,100
2017 $770 $118,900 $31,800 $87,100
2016 $793 $114,400 $31,800 $82,600
2015 $737 $114,400 $31,800 $82,600
2014 $724 $114,400 $31,800 $82,600
Source: Public Records

Agents Affiliated with this Home

  • Buzzy Northen

    Buyer's Agent in 2020

    Buzzy Northen

    Intracoastal Realty Corp

    (910) 520-0990

    35 Total Sales

    Buzzy Northen
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Map

North Carolina New Hanover County Wilmington 28411

1509 Welch Way, Wilmington, NC

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