Seller's Agent in 2021
David and Francisca Oller Team
Intracoastal Realty Corporation
(910) 769-8290
1 in this area
75 Total Sales
16 Merrimac Dr Wilmington, NC 28412
Pine Valley NeighborhoodEstimated Value: $657,000 - $776,473
4
Beds
3
Baths
2,540
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Attic
- 1 Fireplace
- Solid Surface Countertops
- Roland-Grise Middle School Rated A-
- Great Room
- No HOA
About This Home
As of August 2021Beautiful new construction on .46 of an acre, in an established neighborhood with excellent schools. This home has an open and flexible floor plan, with wide halls and doorways for ease of living. There is a welcoming front porch and a long back porch for hanging out and dining al fresco. Master bedroom and two other bedrooms are on the main floor, the fourth bedroom with it's own bath is on the second floor, perfect for guests, teenagers, or home office. This house has an oversized two car garage and tons of storage. Thoughtfully designed to fit many lifestyles.
Last Agent to Sell the Property
David and Francisca Oller Team
Intracoastal Realty Corporation Listed on: 06/03/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,980
Year Built
- Built in 2021
Lot Details
- 0.46 Acre Lot
- Open Lot
- Property is zoned R-15
Home Design
- Slab Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 2,540 Sq Ft Home
- 1-Story Property
- Tray Ceiling
- Ceiling height of 9 feet or more
- 1 Fireplace
- Thermal Windows
- Entrance Foyer
- Great Room
- Formal Dining Room
- Laundry Room
- Attic
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Built-In Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Low Flow Toliet
- Walk-in Shower
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
Accessible Home Design
- Accessible Hallway
- Accessible Doors
Eco-Friendly Details
- Energy-Efficient Doors
- ENERGY STAR/CFL/LED Lights
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Programmable Thermostat
- Propane
- Electric Water Heater
- Fuel Tank
Listing and Financial Details
- Tax Lot 127
- Assessor Parcel Number R06117005001000
Community Details
Overview
- No Home Owners Association
- Pine Valley Estates Subdivision
Security
- Security Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2021
Closed on
Jul 26, 2021
Sold by
Clark Richard P and Clark Bonita K
Bought by
Clark Franklin Delano and Clark Rebecca
Seller's Agent
David and Francisca Oller Team
Intracoastal Realty Corporation
Buyer's Agent
Wendy Rhodes
Coldwell Banker Sea Coast Advantage
List Price
$519,000
Sold Price
$509,000
Premium/Discount to List
-$10,000
-1.93%
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
$208,368
Avg. Annual Appreciation
8.61%
Original Mortgage
$420,812
Outstanding Balance
$386,753
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$326,208
Purchase Details
Listed on
Dec 26, 2019
Closed on
Jan 14, 2020
Sold by
Richardson Kitana M
Bought by
Clark Richard P and Clark Bonita K
Seller's Agent
Gwen Flowers
G. Flowers Realty
Buyer's Agent
Francisca Oller
Intracoastal Realty Corporation
List Price
$140,000
Sold Price
$80,000
Premium/Discount to List
-$60,000
-42.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.97%
Purchase Details
Listed on
Dec 26, 2019
Closed on
Dec 12, 2019
Sold by
Major David Frazon
Bought by
Richardson Kitana M
Seller's Agent
Gwen Flowers
G. Flowers Realty
Buyer's Agent
Francisca Oller
Intracoastal Realty Corporation
List Price
$140,000
Sold Price
$80,000
Premium/Discount to List
-$60,000
-42.86%
Purchase Details
Closed on
Aug 29, 2008
Sold by
Major David Frazon and Major Sheila Valencia
Bought by
Major David Frazon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 30, 1997
Sold by
Smith James P Bobbi B
Bought by
Major David F Sheila
Purchase Details
Closed on
Jul 1, 1987
Sold by
Boyd Samuel W Patricia A
Bought by
Smith James P Bobbi B
Purchase Details
Closed on
May 1, 1986
Sold by
Mccoy Orval Jr Louise E
Bought by
Boyd Samuel W Patricia A
Purchase Details
Closed on
Sep 1, 1977
Bought by
Mccoy Orval Jr Louise E
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 |
|---|---|---|---|
| Clark Franklin Delano | $509,000 | None Available | |
| Clark Richard P | $80,000 | None Available | |
| Richardson Kitana M | $25,000 | None Available | |
| Major David Frazon | -- | None Available | |
| Major David F Sheila | $135,000 | -- | |
| Smith James P Bobbi B | $74,500 | -- | |
| Boyd Samuel W Patricia A | $67,500 | -- | |
| Mccoy Orval Jr Louise E | $19,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clark Franklin Delano | $420,812 | |
| Previous Owner | Clark Richard P | $250,000 | |
| Previous Owner | Major David Frazon | $172,873 | |
| Previous Owner | Major David Frazon | $177,888 | |
| Previous Owner | Major David Frazon | $190,425 | |
| Previous Owner | Major David Frazon | $171,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $509,000 | -1.9% | $200 / Sq Ft |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | For Sale | $519,000 | 0.0% | $204 / Sq Ft |
| 06/13/2021 06/13/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $519,000 | +548.8% | $204 / Sq Ft |
| 01/24/2020 01/24/20 | Sold | $80,000 | -42.9% | $38 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 12/26/2019 12/26/19 | For Sale | $140,000 | -- | $67 / 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 |
|---|---|---|---|---|
| 2023 | $4,842 | $527,600 | $84,600 | $443,000 |
| 2022 | $3,377 | $442,300 | $84,600 | $357,700 |
| 2021 | $2,846 | $332,500 | $84,600 | $247,900 |
| 2020 | $1,980 | $188,000 | $50,400 | $137,600 |
| 2019 | $1,980 | $188,000 | $50,400 | $137,600 |
| 2018 | $1,980 | $188,000 | $50,400 | $137,600 |
| 2017 | $1,980 | $188,000 | $50,400 | $137,600 |
| 2016 | $2,015 | $181,900 | $50,400 | $131,500 |
| 2015 | $1,926 | $181,900 | $50,400 | $131,500 |
| 2014 | $1,844 | $181,900 | $50,400 | $131,500 |
Source: Public Records
Agents Affiliated with this Home
-
David and Francisca Oller Team
-
Wendy Rhodes
W
Buyer's Agent in 2021
Wendy Rhodes
Coldwell Banker Sea Coast Advantage
(910) 799-3435
1 in this area
28 Total Sales
-
Gwen Flowers
G
Seller's Agent in 2020
Gwen Flowers
G. Flowers Realty
(910) 443-2367
35 Total Sales
-
Francisca Oller
Buyer's Agent in 2020
Francisca Oller
Intracoastal Realty Corporation
(203) 912-5316
2 Total Sales
Map
Source: Hive MLS
MLS Number: 100274670
APN: R06117-005-001-000
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.
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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