$139,500
SOLD JUL 31, 2013

1607 Covey Ln Wilmington, NC 28411

3 Beds
2 Baths
1,329 Sq Ft
0.36 Acres

Recently Sold

$105 Per Sq Ft

12% Above List Price

447 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Resident Manager or Management On Site
  • Wood Flooring
  • Living Room
  • Laundry Room

About This Home

As of January 2016

Lovely home in Quail Woods that features 3 bedrooms, 2 full baths and a 1 car garage. The living room features maple hardwoods, nice paint colors, and cathedral ceilings. Great kitchen with a barstool counter, tile floors and a sun lit eating area with access to the back deck. All bedrooms have delightful paint colors and oversized closets. Enjoy relaxing and entertaining on the back deck that features a pergola and bench seating. Large fenced back yard with a wired shed. This home is a short sale.

Last Agent to Sell the Property

Jennifer Farmer

Coldwell Banker Sea Coast Advantage License #243992 Listed on: 05/03/2012

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Jack Gale

Coldwell Banker Sea Coast Advantage License #197250

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1997

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 102x188x60x190
  • Fenced Yard
  • 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
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 8210
  • Assessor Parcel Number 325017113998000

Community Details

Overview

  • Quail Woods Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1997

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1997
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 101.58
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • 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 Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Management
  • HOAAssociationFee1Year: 159.96

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 614.00
  • Lot Acres: 0.36
  • Lot Dimensions: 102x188x60x190
  • Lot Number: 8210
  • Lot Sq Ft: 15682.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: 325017113998000

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
$350,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,428
Avg. Annual Appreciation
7.85%
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

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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 Type Sale Price Title Company
Warranty Deed $168,000 None Available
Warranty Deed $139,500 None Available
Warranty Deed $205,000 None Available
Deed $115,000 --
Deed $97,500 --
Deed $91,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,750 New Conventional
Previous Owner $132,525 New Conventional
Previous Owner $164,000 Purchase Money Mortgage
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: 30476331

Hive MLS

APN: R03508-006-006-000