Landlord's Agent in 2022
Jack Markovich
Cadence Realty Corporation
(910) 239-7697
1 in this area
29 Total Sales
159 Raye Dr Wilmington, NC 28412
Estimated Value: $315,328 - $335,000
4
Beds
2.5
Baths
1,512
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Fenced Yard
- Porch
- Tile Flooring
- Myrtle Grove Middle School Rated 9+
- Patio
- 4-minute walk to Einstein's K9
About This Home
As of October 2022FOREST GROVE! Super cute 4-bedroom, 2.5 Bathroom with 1 car garage! READY for MOVE IN! This home has it all! New roof, new paint, new carpet, new appliances, also comes with new washer and dryer. Home has additional storage shed in the fenced in back yard. Tenants would be responsible for all utilities. No pets. No Students. 9 -12-month lease options.
Last Agent to Rent the Property
Cadence Realty Corporation License #329271 Listed on: 09/12/2022
Co-Listed By
Shelly Wilkie
Cadence Realty Corporation License #8910112
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- 6,055 Sq Ft Lot
- Fenced Yard
- Wood Fence
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Vinyl Siding
Interior Spaces
- 1,512 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
Kitchen
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Patio
- Porch
Schools
- Williams Elementary School
- Myrtle Grove Middle School
- Ashley High School
Utilities
- Central Air
- Heat Pump System
Community Details
- Property has a Home Owners Association
- Forest Grove Subdivision
Listing and Financial Details
- Tenant pays for deposit, electricity, lawn maint, sewer, water
- No Smoking Allowed
- 12 Month Lease Term
- $60 Application Fee
- Tax Lot 2087
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2021
Closed on
May 14, 2021
Sold by
Thomas Jeffrey Brian and Thomas Francesca
Bought by
Ibrahim Syed Alam
Seller's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,832
Avg. Annual Appreciation
6.84%
Original Mortgage
$216,000
Outstanding Balance
$195,750
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$130,082
Purchase Details
Closed on
Sep 12, 2006
Sold by
Hinely Andrew R and Hinely Shannon L
Bought by
Thomas Franklin Hezekiah and Thomas Jeffery Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,100
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2003
Sold by
Hill Broadus E Iii Katherine R
Bought by
Forest Grove Dev Wilm Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ibrahim Syed Alam | $240,000 | None Available | |
| Thomas Franklin Hezekiah | $199,000 | None Available | |
| Forest Grove Dev Wilm Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ibrahim Syed Alam | $216,000 | |
| Previous Owner | Thomas Franklin Hezekiah | $159,100 | |
| Previous Owner | Thomas Franklin Hezekiah | $39,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2022 10/04/22 | Rented | $1,850 | -7.5% | -- | |
| 09/12/2022 09/12/22 | For Rent | $2,000 | +11.1% | -- | |
| 10/21/2021 10/21/21 | Rented | $1,800 | 0.0% | -- | |
| 10/12/2021 10/12/21 | For Rent | $1,800 | 0.0% | -- | |
| 05/14/2021 05/14/21 | Sold | $240,000 | +4.4% | $159 / Sq Ft | View Prior Sale |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- | |
| 02/24/2021 02/24/21 | For Sale | $229,900 | -- | $152 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,144 | $282,700 | $72,000 | $210,700 |
| 2023 | $1,167 | $209,300 | $56,300 | $153,000 |
| 2022 | $2,352 | $209,300 | $56,300 | $153,000 |
| 2021 | $1,158 | $209,300 | $56,300 | $153,000 |
| 2020 | $986 | $155,900 | $40,000 | $115,900 |
| 2019 | $977 | $154,500 | $40,000 | $114,500 |
| 2018 | $977 | $154,500 | $40,000 | $114,500 |
| 2017 | $1,000 | $154,500 | $40,000 | $114,500 |
| 2016 | $979 | $141,300 | $40,000 | $101,300 |
| 2015 | $910 | $141,300 | $40,000 | $101,300 |
| 2014 | $894 | $141,300 | $40,000 | $101,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Markovich
-
S
Landlord's Co-Listing Agent in 2022
Shelly Wilkie
Cadence Realty Corporation
-
The Domenico Grillo Real Estate Team
T
Seller's Agent in 2021
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
(910) 777-2200
7 in this area
623 Total Sales
-
Keith Beatty
K
Buyer's Agent in 2021
Keith Beatty
Intracoastal Realty Corp
(910) 509-1924
1 in this area
682 Total Sales
Map
Source: Hive MLS
MLS Number: 100348831
APN: R07117-002-069-000
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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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