NOT LISTED FOR SALE

207 Palmer Way Wilmington, NC 28412

The Cape Neighborhood

Estimated Value: $440,000 - $507,000

3 Beds
2 Baths
1,740 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $250,000 $144 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,687/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Carolina Beach Elementary School Rated A-
  • Hurricane or Storm Shutters
  • Walk-In Closet

About This Home

As of August 2019

Move in ready three BR two full bath home situated on a great lot in The Cape. Spacious yard with lush grass in the rear and greenspace beside the lot on the front provides ample room for the kids or pets. Open floorplan features a spacious living area adjoining the kitchen with bar top and dining area great for gathering. Stainless steel kitchen appliances convey. Living room fireplace is two sided for to create a cozy space whether in the LR or master suite. Master suite features dual vanity bath, jetted tub, walk in closet and an added sitting area along with direct access to screened in porch overlooking the backyard. Two additional BR's share another full bath. In recent years a new roof and HVAC were installed along with hurricane shutters.

Last Agent to Sell the Property

Patrick Alderson

Flat Fee Realty and Management LLC License #260610 Listed on: 06/20/2019

Flat Fee Realty and Management LLC

Last Buyer's Agent

Tammy Poole

Coldwell Banker Sea Coast Advantage-CB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1992

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 186x108x162x60
  • Property is zoned R15

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Hurricane or Storm Shutters
  • Laundry in Garage

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number R08410-001-092-000

Community Details

Overview

  • The Cape Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,508

Year Built

Built in 1992

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Gas Logs, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Garage
  • List Price per Sq Ft: 146.55
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1740.00
  • Total Heated Primary Separate Sq Ft: 1740.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Management
  • HOAAssociationFee1Year: 600.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 537.00
  • Lot Acres: 0.34
  • Lot Dimensions: 186x108x162x60
  • Lot Number: 41
  • Lot Sq Ft: 14810.00
  • Zoning: R15

Tax Info

  • Tax Identifier: R08410-001-092-000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 5, 2019
Sold by
Mcdonnell Jason Keone and Mcdonnell Ann Elaine
Bought by
Harkay Brenda Joy
Seller's Agent
Patrick Alderson
Flat Fee Realty and Management LLC
Buyer's Agent
Tammy Poole
Coldwell Banker Sea Coast Advantage-CB
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%
Current Estimated Value
$472,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,992
Avg. Annual Appreciation
10.87%
Original Mortgage
$180,000
Outstanding Balance
$157,403
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$315,589

Purchase Details

Listed on
Jun 15, 2015
Closed on
Nov 6, 2015
Sold by
Richard William E
Bought by
Mcdonell Jason Keone and Mcdonell Ann Elaine
Seller's Agent
David Martin
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Harrison Peebles
The Overton Group, LLC
List Price
$230,000
Sold Price
$206,500
Premium/Discount to List
-$23,500
-10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$206,500
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Jan 19, 1993
Sold by
Fairways Development Group Inc
Bought by
Richards William E Patricia H

Purchase Details

Closed on
Feb 20, 1992
Sold by
Heritage Federal Sav/Loan
Bought by
Fairways Development Group Inc
Source: Public Records

Range of Values:

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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
Harkay Brenda Joy $250,000 None Available
Mcdonell Jason Keone $206,500 None Available
Richards William E Patricia H $111,000 --
Fairways Development Group Inc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harkay Brenda Joy $180,000
Previous Owner Mcdonell Jason Keone $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2019 08/09/19 Sold $250,000 -2.0% $144 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $255,000 +23.5% $147 / Sq Ft
11/09/2015 11/09/15 Sold $206,500 -10.2% $122 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $230,000 -- $136 / 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 $1,508 $475,600 $124,000 $351,600
2023 $1,508 $274,500 $101,800 $172,700
2022 $1,516 $274,500 $101,800 $172,700
2021 $1,515 $274,500 $101,800 $172,700
2020 $1,257 $198,800 $45,100 $153,700
2019 $1,257 $198,800 $45,100 $153,700
2018 $1,257 $198,800 $45,100 $153,700
2017 $1,287 $198,800 $45,100 $153,700
2016 $1,271 $183,400 $45,100 $138,300
2015 $1,181 $183,400 $45,100 $138,300
2014 $1,161 $183,400 $45,100 $138,300
Source: Public Records

Agents Affiliated with this Home

  • Patrick Alderson

    Seller's Agent in 2019

    Patrick Alderson

    Flat Fee Realty and Management LLC

    (888) 584-9431

    1 in this area

    95 Total Sales

    Patrick Alderson
    Section Image

  • T

    Buyer's Agent in 2019

    Tammy Poole

    Coldwell Banker Sea Coast Advantage-CB

  • D

    Seller's Agent in 2015

    David Martin

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • H

    Buyer's Agent in 2015

    Harrison Peebles

    The Overton Group, LLC

    Section Image
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Map

Source: Hive MLS

MLS Number: 100171750

Hive MLS

APN: R08410-001-092-000

North Carolina New Hanover County Wilmington 28412 The Cape

207 Palmer Way, Wilmington, NC

This home is located at 207 Palmer Way, Wilmington, NC 28412 since 20 June 2019 and is currently estimated at $472,992, approximately $271 per square foot. This property was built in 1992. 207 Palmer Way is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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