$580,000
SOLD JUN 15, 2015

1805 Karsten Creek Way Wilmington, NC 28411

3 Beds
4 Baths
2,721 Sq Ft
0.53 Acres

Recently Sold

$213 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • Boat Dock
  • Water Access
  • Cul-De-Sac
  • Porters Neck Elementary School Rated A-
  • Bonus Room
  • Security Service

About This Home

As of June 2015

Somerset plan on a private lot, nature and access to the path to boat ramp off the backyard. Cul-de-sac street. Lot sold separately for $133,000.

Last Agent to Sell the Property

Bruce Koch

Porters Neck Co, Inc Listed on: 10/08/2014

Last Buyer's Agent

Bruce Koch

Koch Realty License #98807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 2014

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-20

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,721 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Bonus Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Water Access

Community Details

Overview

  • Master Insurance
  • Porters Neck Plantation Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,884

Year Built

Built in 2014

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2600 - 2799
  • List Price per Sq Ft: 199.53
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bonus Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 2721.00
  • Total Heated Primary Separate Sq Ft: 2721.00

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

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

Utilities

  • 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: Boat Dock, Security, Taxes, Maint - Comm Areas, Master Insure, Management, Maint - Roads
  • HOAAssociationFee1Year: 999.60

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1111.00
  • Lot Acres: 0.53
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: Irreg
  • Lot Sq Ft: 23087.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-20

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 17, 2014
Sold by
Kidman Timothy W
Bought by
Hedgepeth Dennis Moore and Hedgepeth Sandra H
Seller's Agent
Bruce Koch
Porters Neck Co, Inc
Buyer's Agent
Bruce Koch
Porters Neck Co, Inc
List Price
$149,000
Sold Price
$133,000
Premium/Discount to List
-$16,000
-10.74%
Current Estimated Value
$983,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,155
Avg. Annual Appreciation
19.63%
Original Mortgage
$410,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 19, 2002
Sold by
Bartlett Norman G Jacqueline K
Bought by
Kidman Timothy W Myrna D

Purchase Details

Closed on
Jul 10, 1998
Sold by
Porters Neck Co Inc
Bought by
Bartlett Norman G Jacqueline K

Purchase Details

Closed on
Oct 18, 1988
Sold by
Hogue Cyrus D Jr Etal Trustees
Bought by
Porters Neck Co Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $133,000 None Available
Deed $80,000 --
Deed $68,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,275 Balloon
Closed $375,000 New Conventional
Closed $410,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $580,000 +6.8% $213 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $542,925 +308.2% $200 / Sq Ft
07/18/2014 07/18/14 Sold $133,000 -10.7% --
06/17/2014 06/17/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $149,000 -- --
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
2024 $2,884 $537,900 $134,300 $403,600
2023 $2,884 $537,900 $134,300 $403,600
2022 $2,905 $537,900 $134,300 $403,600
2021 $2,957 $537,900 $134,300 $403,600
2020 $2,115 $334,400 $133,200 $201,200
2019 $2,115 $334,400 $133,200 $201,200
2018 $2,115 $334,400 $133,200 $201,200
2017 $2,165 $334,400 $133,200 $201,200
2016 $2,647 $381,900 $147,200 $234,700
2015 $1,855 $288,000 $147,200 $140,800
2014 -- $147,200 $147,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30512722

Hive MLS

APN: R03700-002-065-000