NOT LISTED FOR SALE

2005 Middle Sound Loop Rd Wilmington, NC 28411

Estimated Value: $431,000 - $481,000

3 Beds
1.5 Baths
1,406 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $420,000 $299 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,635/month

151 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Breakfast Area or Nook
  • Ogden Elementary School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of August 2022

Waiting for you is your nautical coastal cabin nestled within walking distance to your deeded water access behind Mason's Inlet. Hand built by a boat builder in 1963, this Middle Sound brick ranch home boasts all the craftmanship of his creation and imagination. Approximately 90% of the wood for the home was procured and milled locally at the Burrow's Sawmill, close to what is now Ogden Elementary School. With over 1400 square feet of single level living, this creates the quaintest feel with the hand-crafted wood burning fireplace complete with a Black Bart forced air wood burning stove. The walls in the den are 3/8'' beadboard and the ceiling is 3/8'' maple trimmed in yellow pine. Artisanship like this is so hard to find and recreate in today's market. The nautical coastal cabin feel carries through into the kitchen where you will find natural finish pine tongue and groove cabinets; all appliances will convey. The floors throughout the main living areas of the home are composite for easy cleaning and maintenance. Chair rail molding, craftmanship and attention to detail are visible throughout the entire home. There are 3 bedrooms and 1 1/2baths. Within the home, the original living room has been a recording studio for many years but will yield easily for additional living space. As you make your way to the back deck and fenced backyard, not only are there two boat sheds, but there is an ample 12x24 workshop and an 8x10 toolshed. All of this is within walking distance to the boat launch capable of handling up to an 18-foot skiff along with kayaks, paddle boards, surfboards and other light watercraft. Wade fishing or fly fishing is at your back door! Do not miss the opportunity to feel the ocean breezes, smell the salt water and be safe and flood free at approximately 25 feet above sea level. (No flood insurance is currently held on this home; elevation certificate is the responsibility of the buyer.) When you return home after a long day of play, use the outside

Last Listed By

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 03/04/2022

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1963

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 116x179x113x179
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned R-20S

Home Design

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

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Crawl Space
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Well

Additional Features

  • Accessible Ramps
  • Deck

Community Details

  • No Home Owners Association
  • Middle Sound Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04518-001-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1963

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: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 302.28
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Breakfast Nook Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1406.00
  • Total Heated Primary Separate Sq Ft: 1406.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Well Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Ramp

Lot Info

  • Deed Page: 339.00
  • Lot Acres: 0.47
  • Lot Dimensions: 116x179x113x179
  • Lot Sq Ft: 20473.00
  • Plat Book: 6
  • Plat Page: 4
  • Zoning: R-20S

Tax Info

  • Tax Identifier: R04518-001-001-000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Aug 23, 2022
Sold by
Christopher Bellamy Norman
Bought by
Whitted Jeremy George and Bunting Jeanna Leigh
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Jason Colclough
Wicker Properties of the Carolinas, Inc.
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Total Days on Market
151
Views
2
Current Estimated Value
$457,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,928
Avg. Annual Appreciation
4.73%
Original Mortgage
$399,000
Outstanding Balance
$385,005
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$91,069

Purchase Details

Closed on
Apr 30, 1997
Sold by
Nelson Charles David Rebecca S
Bought by
Bellamy Norman Christopher

Purchase Details

Closed on
Jan 18, 1991
Sold by
Price Opal B
Bought by
Nelson Charles David

Purchase Details

Closed on
Dec 1, 1970
Bought by
Price Opal B

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
Whitted Jeremy George $420,000 None Listed On Document
Bellamy Norman Christopher $99,500 --
Nelson Charles David $71,000 --
Price Opal B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitted Jeremy George $399,000
Previous Owner Bellamy Norman Christopher $75,000
Previous Owner Bellamy Norman Christopher $30,000
Previous Owner Bellamy Norman Christopher $243,750
Previous Owner Bellamy Norman Christopher $2,000
Previous Owner Bellamy Norman Christopher $75,000
Previous Owner Bellamy Norman $44,800
Previous Owner Bellamy Norman Christopher $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $420,000 -1.2% $299 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $425,000 +1.2% $302 / Sq Ft
07/08/2022 07/08/22 Off Market $420,000 -- --
06/21/2022 06/21/22 Price Changed $425,000 -5.5% $302 / Sq Ft
06/06/2022 06/06/22 Price Changed $449,900 -10.0% $320 / Sq Ft
04/27/2022 04/27/22 Price Changed $499,900 -13.1% $356 / Sq Ft
03/04/2022 03/04/22 For Sale $575,000 -- $409 / 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 $1,148 $205,600 $99,800 $105,800
2022 $1,138 $205,600 $99,800 $105,800
2021 $1,138 $205,600 $99,800 $105,800
2020 $1,610 $254,500 $164,300 $90,200
2019 $1,610 $254,500 $164,300 $90,200
2018 $1,610 $254,500 $164,300 $90,200
2017 $1,648 $254,500 $164,300 $90,200
2016 $1,265 $182,600 $107,600 $75,000
2015 $1,176 $182,600 $107,600 $75,000
2014 $1,156 $182,600 $107,600 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100316071

Hive MLS

APN: R04518-001-001-000