NOT LISTED FOR SALE

1521 Welch Way Wilmington, NC 28411

Estimated Value: $282,000 - $320,000

3 Beds
2 Baths
1,168 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $168,000 $144 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,676/month

5 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • Emma B. Trask Middle School Rated 9+
  • Open Patio
  • 1-Story Property

About This Home

As of July 2019

3 Bedroom, 2 bathroom homes under 200k in Wilmington don't last long, and neither will this one. Cute kitchen with custom backsplash, private backyard, and real hardwood floors means this one will not last long!

Last Agent to Sell the Property

David Cummings

RE/MAX Essential Listed on: 05/30/2019

Co-Listed By

Timothy Zwart

RE/MAX Essential

Last Buyer's Agent

Kristin Freeman

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 180x84x95x129x29
  • Property is zoned R-15

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R03506-005-028-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: None
  • List Price per Sq Ft: 144.26
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1168.00
  • Total Heated Primary Separate Sq Ft: 1168.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Open, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 1275.00
  • Lot Acres: 0.35
  • Lot Dimensions: 180x84x95x129x29
  • Lot Number: 4
  • Lot Sq Ft: 15246.00
  • Special Assessments: None Known
  • Zoning: R-15

Tax Info

  • Tax Identifier: R03506-005-028-000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 24, 2019
Sold by
Palmer Roman
Bought by
Bennett Carrie L
Seller's Agent
David Cummings
RE/MAX Essential
Buyer's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
List Price
$168,500
Sold Price
$168,000
Premium/Discount to List
-$500
-0.3%
Current Estimated Value
$303,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,017
Avg. Annual Appreciation
9.80%
Original Mortgage
$159,600
Outstanding Balance
$140,043
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$162,974

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jul 5, 2016
Sold by
The Bank Of New York Mellon
Bought by
Palmer Roman
Seller's Agent
Pam Wooddell
Live Oak Real Estate
Buyer's Agent
Pam Wooddell
Live Oak Real Estate
List Price
$122,300
Sold Price
$118,550
Premium/Discount to List
-$3,750
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$116,402
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2016
Sold by
Lopez Christopher and Lopez Carla M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 8, 2007
Sold by
Quantum Consulting & Investments Llc
Bought by
Lopez Christopher W and Lopez Carla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
9.5%
Mortgage Type
New Conventional
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
Bennett Carrie L $168,000 None Available
Palmer Roman $119,000 None Available
The Bank Of New York Mellon $51,250 None Available
Lopez Christopher W $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Carrie L $159,600
Previous Owner Palmer Roman $116,402
Previous Owner Lopez Christopher W $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2019 07/09/19 Sold $168,000 -0.3% $144 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $168,500 +42.1% $144 / Sq Ft
08/09/2016 08/09/16 Sold $118,550 -3.1% $101 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $122,300 -- $105 / 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 $1,082 $272,500 $112,100 $160,400
2023 $896 $161,700 $70,100 $91,600
2022 $900 $161,700 $70,100 $91,600
2021 $894 $161,700 $70,100 $91,600
2020 $748 $118,300 $31,700 $86,600
2019 $748 $118,300 $31,700 $86,600
2018 $748 $118,300 $31,700 $86,600
2017 $766 $118,300 $31,700 $86,600
2016 $722 $104,200 $31,700 $72,500
2015 $671 $104,200 $31,700 $72,500
2014 $660 $104,200 $31,700 $72,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Cummings

    RE/MAX

  • T

    Seller Co-Listing Agent in 2019

    Timothy Zwart

    RE/MAX

  • K

    Buyer's Agent in 2019

    Kristin Freeman

    Keller Williams Innovate-Wilmington

    Section Image
  • Pam Wooddell

    Seller's Agent in 2016

    Pam Wooddell

    Live Oak Real Estate

    (910) 470-2532

    4 in this area

    100 Total Sales

    Pam Wooddell
    Section Image
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Map

Source: Hive MLS

MLS Number: 100168146

Hive MLS

APN: R03506-005-028-000

North Carolina New Hanover County Wilmington 28411

1521 Welch Way, Wilmington, NC

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