NOT LISTED FOR SALE

1512 Covey Ln Wilmington, NC 28411

Estimated Value: $348,000 - $369,000

3 Beds
2 Baths
1,457 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $252,500 $173 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,125/month

34 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • No HOA
  • Bamboo Flooring
  • Great Room
  • Formal Dining Room

About This Home

As of May 2021

This one story, 3 bedroom, 2 bath in Quail Woods will not last long! Newer HVAC and floor-to-ceiling windows that were replaced are nice touches. As you enter the home, take in the vaulted ceilings, laminate floors, and fireplace offered by the open floor plan. The kitchen includes stainless steel appliances. The main bedroom offers an en suite bath and walk-in closet. A spacious 20 x 12 patio + additional patio with firepit area provide the perfect setting for relaxation in the fenced backyard. This home sits in the non-HOA governed part of Quail Woods, making it ideal for parking RV or boat in your yard. The one-car garage provides additional parking or storage, including pull-down stairs to the attic. Quail Woods offers convenience to North Wilmington via several avenues. I-40 and bypass access are close as well.

Last Agent to Sell the Property

Team KBT Realty

Keller Williams Innovate-KBT Listed on: 03/08/2021

Last Buyer's Agent

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 105 x 135 x 97 x 135
  • Fenced Yard
  • Wood Fence
  • Property is zoned R-15

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Great Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Bamboo
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Quail Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number R03508002008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,095

Year Built

Built in 1987

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: 1.0
  • Stories Levels: One
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Bamboo, Tile, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Garage, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 168.15
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Great Room Level: Main
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1457.00
  • Total Heated Primary Separate Sq Ft: 1457.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1886.00
  • Lot Acres: 0.31
  • Lot Dimensions: 105 x 135 x 97 x 135
  • Lot Sq Ft: 13666.00
  • Plat Book: 27
  • Plat Page: 30
  • Zoning: R-15

Tax Info

  • Tax Identifier: R03508002008000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 1095.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 24, 2021
Sold by
Strum Angela C and Parker Timothy
Bought by
Varieur Steven Michael
Seller's Agent
Team KBT Realty
Keller Williams Innovate-KBT
Buyer's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
List Price
$245,000
Sold Price
$252,500
Premium/Discount to List
$7,500
3.06%
Current Estimated Value
$360,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,868
Avg. Annual Appreciation
9.11%
Original Mortgage
$247,928
Outstanding Balance
$227,215
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$133,153

Purchase Details

Closed on
May 1, 2018
Sold by
Strum Angela C
Bought by
Strum Angela C and Parker Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Grainger Sharon W
Bought by
Strum Angela C

Purchase Details

Closed on
Dec 9, 2003
Sold by
Grainger Jay C
Bought by
Grainger Sharon W

Purchase Details

Closed on
Jun 30, 1998
Sold by
Smith Gerald W
Bought by
Grainger Sharon W

Purchase Details

Closed on
Jul 30, 1996
Sold by
Smith Gerald W
Bought by
Grainger Sharon W

Purchase Details

Closed on
Sep 28, 1994
Sold by
Bickar Albert A Barbara N
Bought by
Smith Gerald W

Purchase Details

Closed on
May 1, 1988
Sold by
Robert A Harvell Contractor
Bought by
Bickar Albert A Barbara N

Purchase Details

Closed on
Apr 1, 1987
Sold by
Coastal Carolina Devel Inc
Bought by
Robert A Harvell Contractor

Purchase Details

Closed on
Jun 1, 1986
Bought by
Coastal Carolina Devel Inc
Source: Public Records

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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
Varieur Steven Michael $253,000 None Available
Strum Angela C -- None Available
Strum Angela C $127,500 --
Grainger Sharon W -- --
Grainger Sharon W -- --
Grainger Sharon W $110,000 --
Smith Gerald W $101,000 --
Bickar Albert A Barbara N $74,000 --
Robert A Harvell Contractor $41,000 --
Coastal Carolina Devel Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varieur Steven Michael $247,928
Previous Owner Strum Angela C $35,000
Previous Owner Strum Angela C $142,774
Previous Owner Strum Angela C $150,000
Previous Owner Strum Angela C $20,000
Previous Owner Strum Angela C $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $252,500 0.0% $173 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/06/2021 04/06/21 Off Market $252,500 -- --
03/23/2021 03/23/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $245,000 -- $168 / 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 $1,418 $257,200 $67,700 $189,500
2022 $1,250 $224,200 $67,700 $156,500
2021 $1,240 $224,200 $67,700 $156,500
2020 $1,095 $173,200 $45,000 $128,200
2019 $1,095 $173,200 $45,000 $128,200
2018 $1,095 $173,200 $45,000 $128,200
2017 $1,121 $173,200 $45,000 $128,200
2016 $1,096 $158,100 $45,000 $113,100
2015 $1,018 $158,100 $45,000 $113,100
2014 $1,001 $158,100 $45,000 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100260209

Hive MLS

APN: R03508-002-008-000