NOT LISTED FOR SALE

162 Raye Dr Wilmington, NC 28412

Estimated Value: $314,952 - $345,000

4 Beds
2.5 Baths
1,564 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $157,000 $100 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,837/month

104 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Forced Air Heating and Cooling System
  • Myrtle Grove Middle School Rated 9+
  • Patio
  • Combination Dining and Living Room

About This Home

As of August 2014

Charming home located at the end of a private paved road this place is a home owners dream. Meticulously kept and recent improvements to this home make it a standout in the private neighborhood of Forest Grove located just off Carolina Beach Road. A central location in the Southern Heart of Wilmington this setting can't be beat for beach goers that demand to be in the center of things yet require a peaceful setting. Take a tour of this home and look through the owner's manuals and maintenance records to find this is a Turn Key home. As an added bonus the furnishing supplied by Donohoe Designs of Fayetteville can be purchased separately.

Last Agent to Sell the Property

Joe Hanselmann

Wilkinson ERA Real Estate Listed on: 04/16/2014

Last Buyer's Agent

Joe Hanselmann

Wilkinson ERA Real Estate Listed on: 04/16/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51x116x50x124
  • Property fronts a private road
  • Fenced Yard
  • Property is zoned R-15

HOA Fees

  • $25 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,564 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • Lighted Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Forest Grove Subdivision
  • Maintained Community

Security

  • Security Lighting

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Pantry, Ceiling Fan(s)
  • List Price per Sq Ft: 103.10
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1564.00
  • Total Heated Primary Separate Sq Ft: 1564.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved, Private

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking Other See Remarks: Cmnt,Lghtd
  • Parking Driveway: Lighted, Paved, On Site, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Ice Maker, Disposal
  • Cooling System: Central
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 300.00

Lot Info

  • Deed Page: 2624.00
  • Lot Acres: 0.14
  • Lot Dimensions: 51x116x50x124
  • Lot Sq Ft: 6098.00
  • Zoning: R-15

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
Aug 8, 2014
Sold by
Weaver Edward Eugene
Bought by
Laratta David and Laratta Mary Beth
Seller's Agent
Joe Hanselmann
Wilkinson ERA Real Estate
Buyer's Agent
Joe Hanselmann
Wilkinson ERA Real Estate
List Price
$161,250
Sold Price
$157,000
Premium/Discount to List
-$4,250
-2.64%
Current Estimated Value
$326,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,988
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Feb 1, 2010
Closed on
Jul 24, 2012
Sold by
First Troy Spe Llc
Bought by
Weaver Edward Eugene
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Joe Hanselmann
Wilkinson & Associates
List Price
$199,000
Sold Price
$123,750
Premium/Discount to List
-$75,250
-37.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Bewry Marjorie
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Apr 12, 2006
Sold by
Home Life Inc
Bought by
Bewry Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,300
Interest Rate
5.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 2003
Sold by
Hill Broadus E Iii Katherine R
Bought by
Forest Grove Dev Wilm Llc
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
Laratta David $157,000 None Available
Weaver Edward Eugene $124,000 --
First Troy Spe Llc $212,000 None Available
Bewry Marjorie $166,500 None Available
Forest Grove Dev Wilm Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bewry Marjorie $33,300
Previous Owner Bewry Marjorie $133,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2014 08/08/14 Sold $157,000 -2.6% $100 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $161,250 +30.3% $103 / Sq Ft
07/24/2012 07/24/12 Sold $123,750 -37.8% $78 / Sq Ft View Prior Sale
07/05/2012 07/05/12 Pending -- -- --
02/01/2010 02/01/10 For Sale $199,000 -- $125 / 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 $1,130 $279,200 $71,900 $207,300
2023 $1,153 $206,500 $56,300 $150,200
2022 $1,157 $206,500 $56,300 $150,200
2021 $1,143 $206,500 $56,300 $150,200
2020 $966 $152,700 $40,000 $112,700
2019 $966 $152,700 $40,000 $112,700
2018 $966 $152,700 $40,000 $112,700
2017 $989 $152,700 $40,000 $112,700
2016 $963 $139,000 $40,000 $99,000
2015 $895 $139,000 $40,000 $99,000
2014 $880 $139,000 $40,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30504755

Hive MLS

APN: R07117-002-064-000