NOT LISTED FOR SALE

Estimated Value: $3,193,417 - $4,187,000

4 Beds
3 Baths
2,205 Sq Ft
$1,636/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $1,120,000 $508 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $20,742/month

369 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Deck
  • Wrightsville Beach Elementary School Rated A-
  • Home fronts a sound
  • Wood Flooring

About This Home

As of April 2014

Classic sound front Wrightsville Beach Cottage with beautiful wide porches to take advantage of the prevailing breezes and spectacular views and a white sandy beach on the sound perfect for swimming. There is no dock, currently, but there is plenty of room to add one. This home boasts large airy rooms with lots of windows, beautiful hardwoods, cozy fireplace, charming sleeping porch, garage, and more. The 1300 sq ft downstairs apartment has 4 beds and 1.5 baths for a total of 3500 sq ft. A must see!

Last Agent to Sell the Property

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 03/29/2013

Intracoastal Realty Corp

Last Buyer's Agent

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 03/29/2013

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,869

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a sound
  • Cul-De-Sac

Property Views

  • Water Views
  • Views of a Sound

Home Design

  • Shingle Roof
  • Asbestos Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,205 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10316718.41.7145.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,869

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1952
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 400.86
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 14
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2205.00
  • Sq Ft Heated Separate: 1275.00
  • Total Heated Primary Separate Sq Ft: 3480.00

Exterior Features

  • Exterior Finish: Asbestos
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Refrigerator
  • Cooling System: Wall/Window Unit(s)
  • Heating System: Baseboard
  • 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: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 959.00
  • Lot Acres: 0.15
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 6534.00
  • Lot Water Features: Deeded Water Rights
  • Lot View Type: Sound View

Tax Info

  • Tax Identifier: 10316718.41.7145.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Apr 11, 2014
Sold by
Erdem Riza B
Bought by
Erdem Riza B
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Carla Lewis
Intracoastal Realty Corp
List Price
$1,395,000
Sold Price
$1,120,000
Premium/Discount to List
-$275,000
-19.71%
Current Estimated Value
$3,607,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,487,806
Avg. Annual Appreciation
8.88%
Original Mortgage
$896,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 29, 2013
Closed on
Apr 9, 2014
Sold by
Willetts Frederick and Willetts Helen Margaret
Bought by
Erdem Riza B
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Carla Lewis
Intracoastal Realty Corp
List Price
$1,395,000
Sold Price
$1,120,000
Premium/Discount to List
-$275,000
-19.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 29, 2013
Closed on
Apr 1, 2014
Sold by
Jones W Talmage and Hugh Macrae & Co Inc
Bought by
Erdem Riza Burak
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Carla Lewis
Intracoastal Realty Corp
List Price
$1,395,000
Sold Price
$1,120,000
Premium/Discount to List
-$275,000
-19.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2010
Sold by
Willetts Frederick and The Estate Of Helen M Willetts
Bought by
Willetts Frederick and Willetts Helen Margaret

Purchase Details

Closed on
Dec 28, 1999
Sold by
Willetts Frederick
Bought by
Willetts F Iii Jnt Rev Tr Etal

Purchase Details

Closed on
Jun 1, 1980
Bought by
Willetts Frederick
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
Erdem Riza B -- None Available
Erdem Riza B $1,120,000 None Available
Erdem Riza Burak -- None Available
Willetts Frederick -- None Available
Willetts F Iii Jnt Rev Tr Etal -- --
Willetts Frederick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdem Riza Burak $970,000
Closed Erdem Riza Burak $860,000
Closed Erdem Riza B $896,000
Closed Erdem Riza B $896,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $1,120,000 -19.7% $508 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
03/29/2013 03/29/13 For Sale $1,395,000 -- $633 / 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 $11,869 $2,188,600 $1,946,600 $242,000
2022 $11,978 $2,188,600 $1,946,600 $242,000
2021 $12,416 $2,188,600 $1,946,600 $242,000
2020 $7,626 $1,117,300 $859,700 $257,600
2019 $7,626 $1,117,300 $859,700 $257,600
2018 $7,626 $1,117,300 $859,700 $257,600
2017 $7,793 $1,117,300 $859,700 $257,600
2016 $10,847 $1,434,800 $1,145,700 $289,100
2015 $9,795 $1,385,400 $1,145,700 $239,700
2014 $9,518 $1,385,400 $1,145,700 $239,700
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30488973

Hive MLS

APN: R05720-027-016-000