NOT LISTED FOR SALE

Estimated Value: $261,000 - $291,000

2 Beds
2 Baths
1,425 Sq Ft
$210/mo HOA Fee

Last Sold March 30, 2016

Last sale price $131,000 $92 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,786/month

21 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • End Unit
  • Vaulted Ceiling
  • 1 Fireplace
  • Community Pool

About This Home

As of March 2016

This penthouse-style home has fantastic views and the hard-to-find elegance you have been looking for. Vaulted ceilings and hardwood floors in the living room accentuate the open kitchen and dining area that overlook the marsh, making you feel like you are in your own oasis. Tons of windows and natural sunlight surround you and the adjacent natural water area is the only thing in sight. The master suite has a huge walk-in closet and the master bathroom is complete with soaking tub, double sinks and a water closet. You don't feel like you are in a condo yet you have the convenience of a community pool within walking distance and excellent shopping and dining continues to expand into this desirable location.

Last Agent to Sell the Property

Leslie McIntosh

Berkshire Hathaway HomeServices Carolina Premier Properties License #223512 Listed on: 02/08/2016

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

LaDee Piner

Piner Real Estate License #273823

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 2006

Lot Details

  • Property fronts a marsh
  • End Unit
  • Cul-De-Sac
  • Street terminates at a dead end

HOA Fees

  • $210 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R07010-001-007-151

Community Details

Overview

  • Master Insurance
  • Rivers Edge Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,457

Year Built

Built in 2006

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, End Unit
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 98.18
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1425.00
  • Total Heated Primary Separate Sq Ft: 1425.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Screened, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Natural Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Sewer, Water, Trash, Termite Bond, Taxes, Sidewalk, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 2520.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 339.00
  • Lot Description: Cul-de-Sac Lot, Dead End
  • Zoning: MF-M
  • Lot View Type: Marsh View, Water View

Tax Info

  • Tax Identifier: R07010-001-007-151
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1457.00
  • Total Real Estate Property Taxes: 1457.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2016
Sold by
Sharaf Mohamed W and Sharaf Sahar S
Bought by
Pharaoh Mws Llc
Current Estimated Value
$272,948

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 30, 2016
Sold by
Schuka Christina M
Bought by
Sharaf Mohamed and Sharaf Sahar
Seller's Agent
Leslie McIntosh
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
LaDee Piner
Piner Real Estate
List Price
$139,000
Sold Price
$131,000
Premium/Discount to List
-$8,000
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 29, 2014
Sold by
Kelley Shannon B
Bought by
Schuka Christna M
Seller's Agent
Aldo Cimino
Network Real Estate
Buyer's Agent
Leslie McIntosh
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$132,500
Sold Price
$127,000
Premium/Discount to List
-$5,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%
Original Mortgage
$101,600
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
The Marshes At Rivers Edge Llc
Bought by
Kelley Shannon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,320
Interest Rate
5.01%
Mortgage Type
New Conventional
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
Pharaoh Mws Llc -- None Available
Sharaf Mohamed $131,000 None Available
Schuka Christna M $127,000 None Available
Kelley Shannon B $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schuka Christna M $101,600
Previous Owner Kelley Shannon B $122,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $131,000 -5.8% $92 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $139,000 +9.4% $98 / Sq Ft
05/06/2014 05/06/14 Sold $127,000 -4.2% $89 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $132,500 0.0% $93 / Sq Ft
02/07/2013 02/07/13 Rented $970 -7.6% --
02/07/2013 02/07/13 Under Contract -- -- --
11/29/2012 11/29/12 For Rent $1,050 -- --
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 $1,608 $184,800 $0 $184,800
2022 $1,571 $184,800 $0 $184,800
2021 $1,582 $184,800 $0 $184,800
2020 $1,298 $123,200 $0 $123,200
2019 $1,298 $123,200 $0 $123,200
2018 $1,298 $123,200 $0 $123,200
2017 $1,298 $123,200 $0 $123,200
2016 $1,525 $137,600 $0 $137,600
2015 $1,457 $137,600 $0 $137,600
2014 $1,395 $137,600 $0 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100002040

Hive MLS

APN: R07010-001-007-151