NOT LISTED FOR SALE

1607 Covey Ln Wilmington, NC 28411

Estimated Value: $338,000 - $361,000

3 Beds
2 Baths
1,329 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $168,000 $126 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,976/month

106 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • Vaulted Ceiling
  • Thermal Windows
  • Resident Manager or Management On Site

About This Home

As of January 2016

This lovely three bedroom, two bath home in the sought after community of Quail Woods features a wonderful layout. Step inside to the welcoming living room that is graced with vaulted ceilings, gleaming wood floors & plenty of natural light. Off the living room you have a comfortable dining area off the kitchen with Corian countertops, newer appliances (2013), breakfast bar and tile floors. As an added bonus you have a laundry room with extra storage and a desk overlooking the front yard. The master bedroom has a walk in closet, master bath with ample counter space. The other two bedrooms have oversized closets and plenty of natural light. The privacy fenced back yard boasts a large deck, pergola and swing. Plenty of storage in your wired shed and there's a one car attached garage

Last Agent to Sell the Property

Allen LaCoe

Intracoastal Realty Corp Listed on: 09/04/2015

Last Buyer's Agent

Chris Rice

Real Broker LLC License #267142

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $948

Year Built

  • Built in 1997

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 61 x 188 x 125 x 190
  • Fenced Yard
  • Wood Fence
  • Property is zoned R-15

HOA Fees

  • $13 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 0900
  • Assessor Parcel Number 325017-11-3998-000

Community Details

Overview

  • Quail Woods Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$948

Year Built

Built in 1997

Lot Details

0

HOA Fees

$13 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: 1.0
  • Stories Levels: One
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wash/Dry Connect, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 127.84
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1329.00
  • Total Heated Primary Separate Sq Ft: 1329.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 1.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Water Softener, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Management
  • HOAAssociationFee1Year: 160.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 914.00
  • Lot Acres: 0.36
  • Lot Dimensions: 61 x 188 x 125 x 190
  • Lot Number: 0900
  • Lot Sq Ft: 15682.00
  • Lot Water Features: None
  • Zoning: R-15

Tax Info

  • Tax Identifier: 325017-11-3998-000
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 947.60
  • Total Real Estate Property Taxes: 947.60

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 22, 2016
Sold by
Rusch Nicholas J and Albanese Daniellie M
Bought by
Tagalog Christina Raquel
Seller's Agent
Allen LaCoe
Intracoastal Realty Corp
Buyer's Agent
Chris Rice
Real Broker LLC
List Price
$177,500
Sold Price
$168,000
Premium/Discount to List
-$9,500
-5.35%
Current Estimated Value
$352,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,691
Avg. Annual Appreciation
7.73%
Original Mortgage
$172,750
Outstanding Balance
$139,700
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$205,115

Purchase Details

Listed on
May 3, 2012
Closed on
Jun 28, 2013
Sold by
Valiguett Andrew and Valiguett Karen
Bought by
Rusch Nicholas J and Albanese Danielle N
Seller's Agent
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jack Gale
Coldwell Banker Sea Coast Advantage
List Price
$125,000
Sold Price
$139,500
Premium/Discount to List
$14,500
11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$132,525
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2007
Sold by
Williams Adham R and Gore Melissa J
Bought by
Valiquett Andrew and Valiquett Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Tiedemann Nancy Michelle
Bought by
Williams Adham R

Purchase Details

Closed on
Mar 5, 1997
Sold by
Southern Homebuilders Inc
Bought by
Tiedemann Nancy Michelle

Purchase Details

Closed on
Jan 16, 1997
Sold by
Coastal Carolina Developers In
Bought by
Southern Homebuilders Inc

Purchase Details

Closed on
Jul 28, 1988
Sold by
Sunram Inc
Bought by
Coastal Carolina Developers In
Source: Public Records

Range of Values:

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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
Tagalog Christina Raquel $168,000 None Available
Rusch Nicholas J $139,500 None Available
Valiquett Andrew $205,000 None Available
Williams Adham R $115,000 --
Tiedemann Nancy Michelle $97,500 --
Southern Homebuilders Inc $91,500 --
Coastal Carolina Developers In -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tagalog Christina Raquel $172,750
Previous Owner Rusch Nicholas J $132,525
Previous Owner Valiquett Andrew $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $168,000 -5.4% $126 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $177,500 +27.2% $134 / Sq Ft
07/31/2013 07/31/13 Sold $139,500 +11.6% $105 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
05/03/2012 05/03/12 For Sale $125,000 -- $94 / 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 $1,213 $218,100 $70,900 $147,200
2022 $1,218 $218,100 $70,900 $147,200
2021 $1,206 $218,100 $70,900 $147,200
2020 $986 $155,900 $45,000 $110,900
2019 $986 $155,900 $45,000 $110,900
2018 $986 $155,900 $45,000 $110,900
2017 $1,009 $155,900 $45,000 $110,900
2016 $1,037 $149,700 $45,000 $104,700
2015 $964 $149,700 $45,000 $104,700
2014 $948 $149,700 $45,000 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30527601

Hive MLS

APN: R03508-006-006-000