$191,000
SOLD FEB 17, 2017

1824 Middle Sound Loop Rd Wilmington, NC 28411

2 Beds
1 Bath
700 Sq Ft
0.94 Acres

Recently Sold

$273 Per Sq Ft

2% Below List Price

105 Days on Market

Highlights

  • 0.94 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Ogden Elementary School Rated A-
  • Porch
  • Combination Dining and Living Room

About This Home

As of February 2021

Great opportunity to own a unique property located on Middle Sound Loop Rd! This small cottage sits on almost a full acre and offers unlimited opportunities. With just a little bit of effort the current bungalow could be renovated into a great property with the option of using the remaining land for personal recreation. Need more space then build your dream home with partial views of the intercoastal waterway. The current cottage would make a great guest home! Builders also take note, this lot can be subdivided into two lots. The seller has designated sewer taps on both corners of the property. With over 200' of road frontage the options are endless! This location is perfect, with beaches, shopping, marinas, and boating nearby! Don't miss out on this great opportunity!

Last Agent to Sell the Property

Jason Allen

Berkshire Hathaway HomeServices Carolina Premier Properties License #228825 Listed on: 09/29/2016

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1950

Lot Details

  • 0.94 Acre Lot
  • Chain Link Fence
  • Property is zoned R-20

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04500-007-008-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,915

Year Built

Built in 1950

Lot Details

0

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: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: None
  • List Price per Sq Ft: 282.86
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 700.00
  • Total Heated Primary Separate Sq Ft: 700.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: None, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 295.00
  • Lot Acres: 0.94
  • Lot Dimensions: 211x109x81x173x201 (arc)
  • Lot Sq Ft: 40759.00
  • Plat Book: 000
  • Plat Page: 000
  • Zoning: R-20

Tax Info

  • Tax Identifier: R04500-007-008-002
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Feb 8, 2021
Sold by
Arm Ventures Llc
Bought by
Garner Garrett and Garner Sara
Seller's Agent
Mark Bodford
Intracoastal Realty Corp
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$189,900
Sold Price
$154,900
Premium/Discount to List
-$35,000
-18.43%
Current Estimated Value
$963,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$808,497
Avg. Annual Appreciation
50.98%
Original Mortgage
$548,000
Outstanding Balance
$500,422
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$460,332

Purchase Details

Listed on
Jun 28, 2019
Closed on
Feb 4, 2021
Sold by
Dennis Moeller Custom Homes Inc
Bought by
Arm Ventures Llc
Seller's Agent
Mark Bodford
Intracoastal Realty Corp
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$189,900
Sold Price
$154,900
Premium/Discount to List
-$35,000
-18.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$500,422
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$460,332

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 20, 2019
Sold by
Garrett Edith Lee Brewer
Bought by
Dennis Moeller Custom Homes Inc and Arm Ventures Llc
Seller's Agent
Nicole Valentine
Intracoastal Realty Corp
Buyer's Agent
Mark Bodford
Intracoastal Realty Corp
List Price
$260,000
Sold Price
$210,000
Premium/Discount to List
-$50,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.94%

Purchase Details

Listed on
Sep 29, 2016
Closed on
Feb 13, 2017
Sold by
Perkins Fred L
Bought by
Garrett Edith Lee Brewer
Seller's Agent
Jason Allen
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Herring Cynthia Ann
Bought by
Perkins Cynthia Blake Fred L

Purchase Details

Closed on
Dec 1, 1986
Sold by
Herring Ronald D
Bought by
Herring Cynthia Ann

Purchase Details

Closed on
Jul 1, 1979
Bought by
Herring Ronald D
Source: Public Records

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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 $155,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $210,000 None Available
Warranty Deed $191,000 None Available
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 Construction
Open $120,000 Credit Line Revolving
Open $548,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $154,900 -18.4% $239 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $189,900 -9.6% $293 / Sq Ft
06/20/2019 06/20/19 Sold $210,000 -19.2% $324 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $260,000 +36.1% $401 / Sq Ft
02/17/2017 02/17/17 Sold $191,000 -2.1% $273 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $195,000 -- $279 / 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 $2,915 $543,700 $114,800 $428,900
2022 $641 $543,700 $114,800 $428,900
2021 $641 $114,800 $114,800 $0
2020 $493 $77,900 $77,900 $0
2019 $279 $88,200 $88,200 $0
2018 $279 $88,200 $88,200 $0
2017 $369 $114,000 $88,200 $25,800
2016 $366 $105,500 $78,700 $26,800
2015 $340 $105,500 $78,700 $26,800
2014 $334 $105,500 $78,700 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100031888

Hive MLS

APN: R04500-007-008-002