NOT LISTED FOR SALE

1551 Grove Ln Unit 7 Wilmington, NC 28409

Myrtle Grove Neighborhood

Estimated Value: $583,000 - $631,707

4 Beds
3.5 Baths
2,641 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $366,951 $139 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,598/month

283 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Intercom
  • Heyward C. Bellamy Elementary School Rated A-
  • Covered patio or porch
  • Walk-In Closet

About This Home

As of March 2020

The Grove is a boutique community with a quiet, peaceful feel. Centrally located, just minutes away from downtown Wilmington, shopping, and beaches. The Westbury offers two complete owners suites located on opposites sides of the main level. Arched openings greet you as you walk to the open kitchen has a breakfast bar that overlooks the large dining room. Upstairs you walk into a large spacious loft area and a full sized bathroom. Two rooms on opposite sides of the 2 floor, both with walk in closets. Other features include hardwood flooring throughout the living areas, a cozy gas fireplace in the family room, and a covered porch. Unique bluetooth music port with flush mount speakers, energy efficient building techniques, and full yard irrigation

Last Agent to Sell the Property

Cindy Young

Fonville Morisey & Barefoot Listed on: 05/09/2019

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 2019

Lot Details

  • 8,063 Sq Ft Lot
  • Property fronts a private road
  • Irrigation

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,641 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R07900-003-272-000

Community Details

Overview

  • Master Insurance
  • The Grove Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 2019

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Foyer, Smoke Detectors, Walk-In Closet, Walk-in Shower, Intercom/Music, Gas Logs
  • List Price per Sq Ft: 139.13
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bonus Room Level: Upper
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 2641.00
  • Total Heated Primary Separate Sq Ft: 2641.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement, Stone
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Water Connected, Sewer Connected, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Sidewalk, Street Lights, Master Insure, Management, Maint - Roads
  • HOAAssociationFee1Year: 600.00

Lot Info

  • Deed Page: 1116.00
  • Lot Acres: 0.19
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 8063.00
  • Plat Book: 62
  • Plat Page: 74
  • Zoning: Residential

Tax Info

  • Tax Identifier: R07900-003-272-000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Runyon Gary L and Runyon Joyce W
Bought by
Smith-Breeden Eric L and Smith-Breeden Jill E
Current Estimated Value
$608,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$318,816
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$279,059

Purchase Details

Listed on
May 9, 2019
Closed on
Mar 12, 2020
Sold by
Clayton Properties Group Inc
Bought by
Runyon Gary L and Runyon Joyce W
Seller's Agent
Cindy Young
Fonville Morisey & Barefoot
Buyer's Agent
A Non Member
A Non Member
List Price
$367,451
Sold Price
$366,951
Premium/Discount to List
-$500
-0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$348,603
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
Mungo Homes Of North Carolina Inc
Bought by
Clayton Properties Group Inc

Purchase Details

Closed on
Nov 13, 2018
Sold by
Southern Homebuilders Inc
Bought by
Mijngo Homes Of North Carolina Inc
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
Smith-Breeden Eric L -- None Listed On Document
Runyon Gary L $367,000 None Available
Clayton Properties Group Inc $1,615,000 None Available
Mijngo Homes Of North Carolina Inc $1,615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith-Breeden Eric L $325,000
Previous Owner Runyon Gary L $348,603
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $366,951 -0.1% $139 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
05/09/2019 05/09/19 For Sale $367,451 -- $139 / 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 $2,220 $424,500 $75,600 $348,900
2022 $2,286 $424,500 $75,600 $348,900
2021 $2,332 $424,500 $75,600 $348,900
2020 $1,715 $271,200 $40,000 $231,200
2019 $253 $40,000 $40,000 $0
2018 $45 $40,000 $40,000 $0
2017 $259 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cindy Young

    Fonville Morisey & Barefoot

  • A

    Buyer's Agent in 2020

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100166738

Hive MLS

APN: R07900-003-272-000

North Carolina New Hanover County Wilmington 28409 Myrtle Grove

1551 Grove Ln Unit 7, Wilmington, NC

This home is located at 1551 Grove Ln Unit 7, Wilmington, NC 28409 since 09 May 2019 and is currently estimated at $608,927, approximately $230 per square foot. This property was built in 2019. 1551 Grove Ln Unit 7 is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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