NOT LISTED FOR SALE

1602 Stones Edge Loop Rd Wilmington, NC 28405

Estimated Value: $446,000 - $512,000

5 Beds
2.5 Baths
2,315 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $270,000 $117 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,737/month

25 Days on Market

Highlights

  • Home Theater
  • Pond View
  • Main Floor Primary Bedroom
  • Holly Shelter Middle School Rated 9+
  • Wood Flooring
  • Home Office

About This Home

As of August 2018

Well maintained home in Stones Edge, off Gordon Rd. This is actually a 5 bedroom two and half bath home; however, one bedroom was converted as a media room with projector and 100 inch screen. Master bedroom on the main floor, home office, formal dining room, open kitchen and living room. 9 foot ceilings and hardwood floors downstairs. Three bedrooms upstairs along with the media (or 5th bed) room. Some speakers are installed in the living area downstairs. The home has ''tech'' features hard wired under the stairs (see photos) Large closets. Fenced backyard. No neighbors on one side, gazebo and pond across the street. Great home!

Last Agent to Sell the Property

Billy Craig

Keller Williams Innovate-Wilmington License #287332 Listed on: 05/24/2018

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Sandy Monroe

Coldwell Banker Sea Coast Advantage License #149923

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 2011

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Property is zoned R15

HOA Fees

  • $40 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,315 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Workshop
  • Pond Views
  • Intercom
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04200-002-167-000

Community Details

Overview

  • Stones Edge Subdivision
  • Maintained Community

Recreation

  • Community Playground

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,603

Year Built

Built in 2011

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Workshop, Intercom/Music, Home Theater, Gas Logs, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 123.11
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Media Room Level: Second
  • Office Level: Main
  • Sq Ft Heated: 2315.00
  • Total Heated Primary Separate Sq Ft: 2315.00

Exterior Features

  • Exterior Features: Gas Logs
  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Ice Maker, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Picnic Area, Taxes, Sidewalk, Playground, Management
  • HOAAssociationFee1Year: 480.00

Lot Info

  • Deed Page: 771.00
  • Lot Acres: 0.21
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 9148.00
  • Zoning: R15
  • Lot View Type: Pond View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R04200-002-167-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 1603.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 9, 2018
Sold by
Sotelo Alejandra and Tabron Kevin
Bought by
Schaeffer David Andrew and Schaeffer Veronica Mckoy
Seller's Agent
Billy Craig
Keller Williams Innovate-Wilmington
Buyer's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$483,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,043
Avg. Annual Appreciation
8.21%
Original Mortgage
$289,539
Outstanding Balance
$256,359
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$226,684

Purchase Details

Closed on
Apr 27, 2011
Sold by
Hackney E Deans and Hackney Robin
Bought by
Sotelo Alejandra and Tabron Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,674
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2011
Sold by
Holly Tree Investments Llc
Bought by
Signature Homes Of Wilmington Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.79%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schaeffer David Andrew $270,000 None Available
Sotelo Alejandra $257,500 None Available
Signature Homes Of Wilmington Inc $52,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer David Andrew $289,539
Previous Owner Sotelo Alejandra $250,674
Previous Owner Signature Homes Of Wilmington Inc $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $270,000 -5.3% $117 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $285,000 -- $123 / 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 $1,908 $490,700 $104,800 $385,900
2023 $1,802 $284,800 $60,800 $224,000
2022 $1,549 $284,800 $60,800 $224,000
2021 $1,568 $284,800 $60,800 $224,000
2020 $1,478 $233,700 $40,000 $193,700
2019 $1,478 $247,600 $40,000 $207,600
2018 $1,566 $247,600 $40,000 $207,600
2017 $1,603 $247,600 $40,000 $207,600
2016 $1,687 $243,400 $40,000 $203,400
2015 $1,568 $243,400 $40,000 $203,400
2014 $1,541 $243,400 $40,000 $203,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100117798

Hive MLS

APN: R04200-002-167-000