NOT LISTED FOR SALE

206 Cypress Ave Wrightsville Beach, NC 28480

Estimated Value: $2,766,000 - $3,305,440

4 Beds
2 Baths
2,200 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $505,000 $230 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $15,762/month

348 Days on Market

Highlights

  • Water Access
  • Second Kitchen
  • Main Floor Primary Bedroom
  • Wrightsville Beach Elementary School Rated A-
  • Deck
  • 3-minute walk to Island Drive Park

About This Home

As of February 2017

Affordable opportunity to live on quaint South Harbor Island at Wrightsville Beach. 4 bedroom/2baths or 2 bedroom/1 bath upstairs; 2 bedroom/1 bath downstairs which is a great option to make island living affordable. Public water access just down the street, spacious upper deck, large backyard, Walking distance to parks, restaurants, shopping, and beach. Build up for good water views of Motts & Banks Channel. Downstairs rents for $1300/mo. and sellers are possibly interested in renting back but are flexible.

Last Agent to Sell the Property

Daniel Thompson

Intracoastal Realty Corp License #204538 Listed on: 01/22/2016

Intracoastal Realty Corp

Last Buyer's Agent

Butch Saunders Team

RE/MAX Essential License #272754

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1952

Lot Details

  • 5,541 Sq Ft Lot
  • Lot Dimensions are 64x117x56x102
  • Wood Fence

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement
  • Partially Finished Attic
  • Second Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number R06307-015-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1952
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Pantry, Ceiling Fan(s), 2nd Kitchen
  • List Price per Sq Ft: 263.18
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Sq Ft Heated: 2200.00
  • Total Heated Primary Separate Sq Ft: 2200.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Stucco, Vinyl Siding
  • Fencing: Partial, Wood
  • Foundation: Block
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dryer, Washer, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Sewer Available
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 922.00
  • Lot Acres: 0.13
  • Lot Dimensions: 64x117x56x102
  • Lot Sq Ft: 5541.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-1

Tax Info

  • Tax Identifier: R06307-015-013-000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 3520.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Feb 20, 2017
Sold by
Royal John C and Royal Victoria L
Bought by
Catlett Kenneth S and Catlett Christine S
Seller's Agent
Daniel Thompson
Intracoastal Realty Corp
Buyer's Agent
Butch Saunders Team
RE/MAX Essential
List Price
$649,000
Sold Price
$505,000
Premium/Discount to List
-$144,000
-22.19%
Current Estimated Value
$2,770,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,265,851
Avg. Annual Appreciation
22.20%
Original Mortgage
$429,250
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2005
Sold by
Peele Gregory L and Royal Victoria L
Bought by
Royal John C and Royal Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2001
Sold by
Stratas Nicholas A Iv Jennifer
Bought by
Peele Gregory L Victoria P

Purchase Details

Closed on
Dec 28, 1998
Sold by
Hart Franklin E Elizabeth
Bought by
Stratas Nicholas A Iv Jennifer

Purchase Details

Closed on
May 1, 1987
Sold by
Hart Franklin E
Bought by
Hart Franklin E Elizabeth

Purchase Details

Closed on
Sep 1, 1983
Sold by
Landi Carlo
Bought by
Hart Franklin E

Purchase Details

Closed on
Feb 1, 1979
Bought by
Landi Carlo
Source: Public Records

Range of Values:

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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
Catlett Kenneth S $505,000 None Available
Royal John C -- None Available
Peele Gregory L Victoria P $315,000 --
Stratas Nicholas A Iv Jennifer $275,000 --
Hart Franklin E Elizabeth -- --
Hart Franklin E $100,000 --
Landi Carlo $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catlett Kenneth S $1,003,000
Closed Catlett Kenneth S $367,700
Closed Catlett Kenneth S $999,999
Closed Catlett Kenneth S $429,250
Previous Owner Royal John C $417,000
Previous Owner Royal John C $50,000
Previous Owner Royal John C $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $505,000 -22.2% $230 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
01/22/2016 01/22/16 For Sale $649,000 -- $295 / 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 $7,964 $1,468,500 $593,000 $875,500
2022 $8,037 $1,468,500 $593,000 $875,500
2021 $8,331 $1,468,500 $593,000 $875,500
2020 $6,566 $962,000 $418,900 $543,100
2019 $5,141 $579,200 $418,900 $160,300
2018 $3,953 $579,200 $418,900 $160,300
2017 $4,040 $579,200 $418,900 $160,300
2016 $3,764 $497,900 $358,100 $139,800
2015 $3,520 $497,900 $358,100 $139,800
2014 $3,421 $497,900 $358,100 $139,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Daniel Thompson

    Intracoastal Realty Corp

    (910) 509-0863

    13 in this area

    33 Total Sales

    Section Image

  • B

    Buyer's Agent in 2017

    Butch Saunders Team

    RE/MAX

See All Agents

Map

Source: Hive MLS

MLS Number: 100000622

Hive MLS

APN: R06307-015-013-000

North Carolina New Hanover County Wrightsville Beach 28480

206 Cypress Ave, Wrightsville Beach, NC

This home is located at 206 Cypress Ave, Wrightsville Beach, NC 28480 since 22 January 2016 and is currently estimated at $2,964,480, approximately $1,347 per square foot. This property was built in 1952. 206 Cypress Ave is a home located in New Hanover County with nearby schools including Wrightsville Beach Elementary School, M.C.S. Noble Middle School, and John T. Hoggard High School.

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