Seller's Agent in 2025
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 619-0926
5 in this area
138 Total Sales
215 Valencia Ct Unit 106 Wilmington, NC 28412
Echo Farms-Rivers Edge Neighborhood
3
Beds
2
Baths
1,605
Sq Ft
$320/mo
HOA Fee
Highlights
- 1 Fireplace
- Covered Patio or Porch
- Laundry Room
- Community Pool
- Resident Manager or Management On Site
- Accessible Entrance
About This Home
As of February 2025Discover the Passage Point condominium complex, a unique stand-alone building featuring only 18 units. Located conveniently off Independence Rd, it's adjacent to popular spots like The Pointe, Cameron Art Museum, and the vibrant River Lights area.This rare first-floor end unit boasts 1,600 sq ft and includes 3 bedrooms and 2 bathrooms, allowing for an abundance of natural light. The open concept design features a spacious living room with built-in cabinets and a natural gas fireplace, complemented by 9 ft ceilings and elegant crown molding. The kitchen is updated with ample cabinetry, granite countertops, and a versatile two-tier bar top, perfect for entertaining or casual meals.The split floor plan provides privacy, with two bedrooms sharing a full bathroom. The primary suite offers luxury with his and her walk-in closets, an oversized shower, a soaking garden tub, and a double marble vanity. Enjoy outdoor living on the screened-in porch at the back.With HOA fees covering exterior maintenance, roofing, and a master insurance policy, residents also benefit from a shared pool and ample parking. This unit is a rare find and won't last long--Carolina Beach is just 20 minutes away, and shopping, dining, and entertainment are all within a 10-minute drive. Schedule your showing today!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Carolina Premier Properties License #288975 Listed on: 10/28/2024
Property Details
Home Type
- Condominium
Year Built
- Built in 2007
HOA Fees
- $320 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,605 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- 1 Fireplace
- Combination Dining and Living Room
- Laminate Flooring
- Termite Clearance
- Laundry Room
Kitchen
- Electric Cooktop
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Parking
- Driveway
- Paved Parking
- Additional Parking
- Parking Lot
Accessible Home Design
- Accessible Elevator Installed
- Accessible Entrance
Schools
- Alderman Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Electric Water Heater
Additional Features
- Covered Patio or Porch
- Property fronts a private road
Listing and Financial Details
- Assessor Parcel Number R07006-001-135-000
Community Details
Overview
- Roof Maintained by HOA
- Master Insurance
- Cepco Association, Phone Number (910) 395-1500
- Passage Point Subdivision
- Maintained Community
Recreation
- Community Pool
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Feb 17, 2025
Sold by
Thomas Lottie and Thomas Lottie M
Bought by
Russo Thomas F and Russo Dianne L
Seller's Agent
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Laura Mathis
Coldwell Banker Sea Coast Advantage-Leland
List Price
$299,900
Sold Price
$287,000
Premium/Discount to List
-$12,900
-4.3%
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,633
Avg. Annual Appreciation
2.97%
Original Mortgage
$215,250
Outstanding Balance
$213,976
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$79,657
Purchase Details
Listed on
Sep 24, 2019
Closed on
Dec 17, 2019
Sold by
Murphy Connie D
Bought by
Thomas Lottie
Seller's Agent
Rebecca Evans
BlueCoast Realty Corporation
Buyer's Agent
Wes McDaniel
Realty ONE Group Lifestyles
List Price
$212,900
Sold Price
$206,000
Premium/Discount to List
-$6,900
-3.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Purchase Details
Listed on
Jul 18, 2018
Closed on
Sep 27, 2018
Sold by
Franklin Richard G and Franklin Pamela
Bought by
Murphy Connie D
Seller's Agent
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Alexander Koonce
Intracoastal Realty Corp
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$180,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2014
Closed on
Jan 15, 2015
Sold by
Buena Vista Holdings Llc
Bought by
Franklin Richard G and Franklin Pamela C
Seller's Agent
Holly Overton
Porters Neck Co, Inc
Buyer's Agent
Richard Hayes
RT Hayes Real Estate
List Price
$189,900
Sold Price
$171,500
Premium/Discount to List
-$18,400
-9.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$154,350
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 24, 2012
Sold by
Passage Point Of Wilmington Inc
Bought by
Buena Vista Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,942,577
Interest Rate
3.91%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $287,000 | None Listed On Document | |
| Warranty Deed | $287,000 | None Listed On Document | |
| Warranty Deed | $206,000 | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | $171,500 | None Available | |
| Warranty Deed | $2,299,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,250 | New Conventional | |
| Closed | $215,250 | New Conventional | |
| Previous Owner | $180,500 | New Conventional | |
| Previous Owner | $154,350 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,942,577 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2025 02/25/25 | Sold | $287,000 | -4.3% | $179 / Sq Ft | |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- | |
| 10/28/2024 10/28/24 | For Sale | $299,900 | +45.6% | $187 / Sq Ft | |
| 12/17/2019 12/17/19 | Sold | $206,000 | -3.2% | $133 / Sq Ft | View Prior Sale |
| 11/20/2019 11/20/19 | Pending | -- | -- | -- | |
| 09/24/2019 09/24/19 | For Sale | $212,900 | +12.1% | $137 / Sq Ft | |
| 09/27/2018 09/27/18 | Sold | $190,000 | -4.5% | $115 / Sq Ft | View Prior Sale |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- | |
| 07/18/2018 07/18/18 | For Sale | $199,000 | +16.0% | $121 / Sq Ft | |
| 01/16/2015 01/16/15 | Sold | $171,500 | -9.7% | $104 / Sq Ft | View Prior Sale |
| 12/12/2014 12/12/14 | Pending | -- | -- | -- | |
| 03/05/2014 03/05/14 | For Sale | $189,900 | -- | $115 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,840 | $312,700 | $0 | $312,700 |
| 2024 | $484 | $222,500 | $0 | $222,500 |
| 2023 | $470 | $222,500 | $0 | $222,500 |
| 2022 | $709 | $222,500 | $0 | $222,500 |
| 2021 | $238 | $222,500 | $0 | $222,500 |
| 2020 | $909 | $172,600 | $0 | $172,600 |
| 2019 | $1,818 | $172,600 | $0 | $172,600 |
| 2018 | $1,818 | $172,600 | $0 | $172,600 |
| 2017 | $1,818 | $172,600 | $0 | $172,600 |
| 2016 | $2,179 | $196,700 | $0 | $196,700 |
| 2015 | $2,141 | $202,200 | $0 | $202,200 |
| 2014 | $2,050 | $202,200 | $0 | $202,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rheel
-
Laura Mathis
Buyer's Agent in 2025
Laura Mathis
Coldwell Banker Sea Coast Advantage-Leland
(910) 515-8286
6 in this area
255 Total Sales
-
R
Seller's Agent in 2019
Rebecca Evans
BlueCoast Realty Corporation
-
W
Buyer's Agent in 2019
Wes McDaniel
Realty ONE Group Lifestyles
-
Jennifer Farmer
Seller's Agent in 2018
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
(910) 297-9811
2 in this area
134 Total Sales
-
Alexander Koonce
Buyer's Agent in 2018
Alexander Koonce
Intracoastal Realty Corp
(910) 509-7634
33 Total Sales
Map
Source: Hive MLS
MLS Number: 100473193
APN: R07006-001-135-006
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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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