NOT LISTED FOR SALE

Estimated Value: $274,000 - $328,000

2 Beds
2 Baths
1,122 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $228,000 $203 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,722/month

15 Days on Market

Highlights

  • Furnished
  • No HOA
  • Outdoor Storage
  • John T. Hoggard High School Rated A-
  • Brick Exterior Construction
  • Central Air

About This Home

As of November 2021

Attention Investors. Great investment opportunity. This fully furnished 2 bedroom 2 bath single family home is just down the street from the UNCW Campus in the heart of Wilmington. Close to great shopping, good eats, drinks and only 11 minutes from Wrightsville Beach. This mostly brick ranch home was built in 1958 and has been very well maintained and updated making it an outstanding rental opportunity, if not your primary residence. This home is currently leased into 2022.

Last Agent to Sell the Property

Michael Knapton

Bryant Real Estate Listed on: 09/23/2021

Last Buyer's Agent

Wynne Harrington

Coastal Properties License #225745

Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1958

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 77x165x77x165
  • Property fronts a private road
  • Open Lot
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pine Hills Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R05520-008-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 206.33
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 1122.00
  • Total Heated Primary Separate Sq Ft: 1122.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Wood Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: None
  • Road Type Frontage: Private, Unpaved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Dirt, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 13571358.00
  • Lot Acres: 0.29
  • Lot Description: Open
  • Lot Dimensions: 77x165x77x165
  • Lot Number: 3
  • Lot Sq Ft: 12632.00
  • Lot Water Features: None
  • Plat Book: 6
  • Plat Page: 36
  • Zoning: R-10

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Rental Income Gross Rental Income: 1200.00
  • Annual Gross Rental Income Collected: 1440000

Tax Info

  • Tax Identifier: R05520-008-012-000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 584.62
  • Total Real Estate Property Taxes: 1235.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 4, 2021
Sold by
Dickerson Dewayne and Dickerson Sharon
Bought by
Selestay Brett and Lim Ghotbee
Seller's Agent
Michael Knapton
Bryant Real Estate
Buyer's Agent
Wynne Harrington
Coastal Properties
List Price
$231,500
Sold Price
$228,000
Premium/Discount to List
-$3,500
-1.51%
Current Estimated Value
$302,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,434
Avg. Annual Appreciation
7.38%
Original Mortgage
$182,400
Outstanding Balance
$166,524
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$135,910

Purchase Details

Closed on
Apr 26, 2021
Sold by
Teachey Jerold C and Petri Jan H
Bought by
Dickerson Dewayne and Dickerson Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 24, 1979
Sold by
Dowling Albert F Raye C
Bought by
Teachey Jerold C

Purchase Details

Closed on
Oct 23, 1969
Sold by
Cook Frances L
Bought by
Dowling Albert F Raye C

Purchase Details

Closed on
Aug 4, 1963
Sold by
Cook Julia F
Bought by
Cook Frances L
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
Selestay Brett $228,000 Boston National Title Agency
Dickerson Dewayne $91,500 None Available
Teachey Jerold C $26,500 --
Dowling Albert F Raye C $8,500 --
Cook Frances L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selestay Brett $182,400
Previous Owner Dickerson Dewayne $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $228,000 -1.5% $203 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $231,500 0.0% $206 / Sq Ft
07/02/2016 07/02/16 Rented $1,200 0.0% --
07/02/2016 07/02/16 For Rent $1,200 -- --
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 $1,570 $266,700 $119,500 $147,200
2024 $1,149 $132,100 $66,300 $65,800
2023 $1,149 $132,100 $66,300 $65,800
2022 $1,123 $132,100 $66,300 $65,800
2021 $1,125 $131,500 $66,300 $65,200
2020 $1,236 $117,300 $28,800 $88,500
2019 $1,236 $117,300 $28,800 $88,500
2018 $1,226 $117,300 $28,800 $88,500
2017 $1,236 $117,300 $28,800 $88,500
2016 $1,086 $98,000 $28,800 $69,200
2015 $1,038 $98,000 $28,800 $69,200
2014 $994 $98,000 $28,800 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100292115

Hive MLS

APN: R05520-008-012-000