NOT LISTED FOR SALE

215 Olde Well Loop Rd Wilmington, NC 28411

Estimated Value: $368,000 - $390,000

3 Beds
2 Baths
1,595 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $280,995 $176 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,138/month

16 Days on Market

Highlights

  • Wooded Lot
  • Vaulted Ceiling
  • 1 Fireplace
  • Emma B. Trask Middle School Rated 9+
  • Wood Flooring
  • Fenced Yard

About This Home

As of October 2021

Beautiful home on an oversized lot, in the sought-after community of Farrington Farms. This is one of the larger single level homes offered in the community. Make your way through the foyer to take in the open floorplan, which showcases a massive living room and kitchen. The master bedroom is over 200 sqft and has an additional walk-in closet. The home has beautiful hardwood floors, vaulted ceilings, and great built-ins beside two sets of doors opening up to the serene back yard. This fenced in wooded lot offers privacy, while featuring an expansive deck for outdoor entertaining. The home is currently on a rental contract and would be a great investment opportunity. Neighborhood walkability is key in this area and in just minutes you can access: a year-round school, 2 large parks, dog park, skate park, tennis courts, basketball court, and so much more. Incredible location offers major retail shopping movie theatre, countless restaurants, and is just 7 minutes from sinking your feet in the sand at Wrightsville Beach. Ask to see the virtual floorplan or take your virtual tour today!

Last Agent to Sell the Property

Adam Upchurch

Marvel Realty Group LLC License #272397 Listed on: 08/26/2021

Last Buyer's Agent

Garrett Cox

Coastal Realty Associates, LLC License #286711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x183x89x234
  • Fenced Yard
  • Irrigation
  • Wooded Lot
  • Property is zoned R-10

HOA Fees

  • $19 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number R04300-003-064-000

Community Details

Overview

  • Farrington Farms Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,194

Year Built

Built in 1998

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Wood, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 9Ft+ Ceilings, Walk-In Closet, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 174.92
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1595.00
  • Total Heated Primary Separate Sq Ft: 1595.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Management, Taxes
  • HOAAssociationFee1Year: 232.00

Lot Info

  • Deed Page: 1129.00
  • Lot Acres: 0.35
  • Lot Description: Wooded
  • Lot Dimensions: 100x183x89x234
  • Lot Number: 60
  • Lot Sq Ft: 15072.00
  • Lot Water Features: None
  • Plat Book: 15
  • Plat Page: 35
  • Zoning: R-10

Tax Info

  • Tax Identifier: R04300-003-064-000
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 146.24
  • Total Real Estate Property Taxes: 1193.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 12, 2021
Sold by
Magnus Homes Llc
Bought by
Nadeau Laurence and Nadeau Stephanie
Seller's Agent
Adam Upchurch
Marvel Realty Group LLC
Buyer's Agent
Garrett Cox
Coastal Realty Associates, LLC
List Price
$279,000
Sold Price
$280,995
Premium/Discount to List
$1,995
0.72%
Current Estimated Value
$377,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,448
Avg. Annual Appreciation
7.62%
Original Mortgage
$238,845
Outstanding Balance
$183,539
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$193,904

Purchase Details

Closed on
May 7, 2021
Sold by
Horner Jesssica L and Horner Robert W
Bought by
Magnus Homes Llc

Purchase Details

Closed on
Jun 25, 2013
Sold by
Horner Julie K
Bought by
Horner Robert W

Purchase Details

Closed on
Jul 13, 2007
Sold by
Inauen Pascal and Inauen Tamara L
Bought by
Horner Robert W and Horner Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1999
Sold by
Inauen Tamar L
Bought by
Inauen Pascal

Purchase Details

Closed on
Nov 25, 1998
Sold by
Landmark Homes Inc
Bought by
Inauen Pascal Tamara L

Purchase Details

Closed on
Jun 24, 1998
Sold by
Farrington Farms Develop Corp
Bought by
Landmark Homes Inc

Purchase Details

Closed on
Nov 14, 1995
Sold by
Gts Development Llc
Bought by
Farrington Farms Develop Corp
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
Nadeau Laurence $281,000 None Available
Magnus Homes Llc -- None Available
Horner Robert W -- None Available
Horner Robert W $215,000 None Available
Inauen Pascal -- --
Inauen Pascal Tamara L $143,500 --
Landmark Homes Inc $414,000 --
Farrington Farms Develop Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadeau Laurence $238,845
Previous Owner Horner Robert W $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $280,995 +0.7% $176 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $279,000 -- $175 / 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 $1,413 $377,000 $107,700 $269,300
2023 $1,413 $256,300 $59,200 $197,100
2022 $1,420 $256,300 $59,200 $197,100
2021 $1,415 $256,300 $59,200 $197,100
2020 $1,194 $188,700 $49,500 $139,200
2019 $1,194 $188,700 $49,500 $139,200
2018 $1,194 $188,700 $49,500 $139,200
2017 $1,222 $188,700 $49,500 $139,200
2016 $1,140 $164,500 $47,300 $117,200
2015 $1,059 $164,500 $47,300 $117,200
2014 $1,041 $164,500 $47,300 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100287922

Hive MLS

APN: R04300-003-064-000