NOT LISTED FOR SALE

Estimated Value: $489,000 - $513,000

3 Beds
2 Baths
1,374 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $474,900 $346 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,968/month

69 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Covered patio or porch
  • John T. Hoggard High School Rated A-
  • No HOA
  • 2-minute walk to Wallace Park

About This Home

As of September 2023

Welcome to this charming, updated 3 bed, 2 full bath, bungalow for sale in the sought after community of Carolina Place! Upon entering the home from the covered front porch, you'll be wowed by the abundance of natural light flooding the open floor plan. Beautiful oak wood flooring highlights the open living, dining and kitchen areas. The kitchen features include granite countertops, stainless steel appliances, pendant lighting above the peninsula with bar-stool seating and a pantry. The primary bedroom is located at the back of the house for maximum privacy and offers a good-sized walk-in closet, en-suite bathroom with double vanity and walk-in tiled shower, and french doors that lead onto the back deck. 2 additional bedrooms are located off the main hallway and share a full, updated bath with tub/ shower. Previous owners did a complete, down to the studs renovation in 2015. Current sellers had the crawl space encapsulated with a dehumidifier and drain added in Sept 2020. 40-year insulated metal roof, exterior attached storage room PLUS coveted off street parking. Carolina Place has it all and is located near the historic downtown area (2 miles), just down the street from our booming Cargo district, and a short walk to Wallace Park. It is only 3 miles to the Wilmington International Airport and 8.5 miles to Wrightsville Beach! This home is currently an active airbnb that had a gross payout of 56k in 2022.

Last Agent to Sell the Property

Molly Tilyou

Nest Realty License #285645 Listed on: 06/05/2023

Nest Realty

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #C37146

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1930

Lot Details

  • 3,877 Sq Ft Lot
  • Lot Dimensions are 31 x 120 x 31 x 113
  • Wood Fence
  • Property is zoned R-5

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Forest Hills Elementary School
  • Williston Middle School
  • Hoggard High School

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Carolina Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05407-037-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,196

Year Built

Built in 1930

Lot Details

0

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: 1930
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Pantry, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 345.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1374.00
  • Total Heated Primary Separate Sq Ft: 1374.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: Partial, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Deck, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1789.00
  • Lot Acres: 0.09
  • Lot Dimensions: 31 x 120 x 31 x 113
  • Lot Sq Ft: 3877.00
  • Plat Book: 48
  • Plat Page: 180
  • Zoning: R-5

Tax Info

  • Tax Identifier: R05407-037-008-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2196.40

MLS Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Sep 13, 2023
Sold by
Bennett Justin and Ashley Lauren
Bought by
Mercado Kelly Christine and Robson John E
Seller's Agent
Molly Tilyou
Nest Realty
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$479,000
Sold Price
$474,900
Premium/Discount to List
-$4,100
-0.86%
Views
355
Current Estimated Value
$499,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,226
Avg. Annual Appreciation
-1.57%
Original Mortgage
$451,155
Outstanding Balance
$443,606
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$18,263

Purchase Details

Listed on
Mar 9, 2020
Closed on
Aug 27, 2020
Sold by
Morton Monica J
Bought by
Bennett Justin and Bennett Ashley Lauren
Seller's Agent
Patt Mason
EXP Realty -
Buyer's Agent
Molly Tilyou
Nest Realty
List Price
$284,900
Sold Price
$269,000
Premium/Discount to List
-$15,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$215,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 19, 2016
Sold by
Beachy Woman Properties Llc
Bought by
Morton Monica J
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$224,000
Sold Price
$204,000
Premium/Discount to List
-$20,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Aug 26, 2014
Sold by
Ferrari Properties Llc
Bought by
Beachy Woman Properties Llc

Purchase Details

Closed on
May 26, 2004
Sold by
Ferrari Justin Monica
Bought by
Ferrari Properties Llc

Purchase Details

Closed on
Apr 27, 2004
Sold by
Ferrari Properties Llc
Bought by
Ferrari Justin Monica

Purchase Details

Closed on
Jan 17, 2003
Sold by
Ferrari Monica S Justin
Bought by
Ferrari Properties Llc

Purchase Details

Closed on
Feb 25, 2002
Sold by
Hobbs Stephen L Lisa M
Bought by
Ferrari Monica S Justin

Purchase Details

Closed on
Jan 1, 2001
Bought by
Gore Edna White

Purchase Details

Closed on
Nov 30, 1999
Sold by
Hobbs Lawrence and Nicole Marie J
Bought by
Hobbs Stephen Lawrence

Purchase Details

Closed on
Sep 28, 1994
Sold by
Hobbs Stephen L Donna M
Bought by
Hobbs Stephen L

Purchase Details

Closed on
Sep 6, 1990
Sold by
Sawyer Marlene S
Bought by
Hobbs Stephen L Donna M

Purchase Details

Closed on
Nov 1, 1984
Sold by
Gore Edna White Hrs
Bought by
Sawyer Marlene S
Source: Public Records

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Range of Values:

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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
Mercado Kelly Christine $475,000 None Listed On Document
Bennett Justin $269,000 Guaranteed Rate Inc
Morton Monica J $204,000 None Available
Beachy Woman Properties Llc $66,000 None Available
Ferrari Properties Llc -- --
Ferrari Justin Monica -- --
Ferrari Properties Llc -- --
Ferrari Monica S Justin $15,000 --
Gore Edna White -- --
Hobbs Stephen Lawrence -- --
Hobbs Stephen L -- --
Hobbs Stephen L Donna M $13,000 --
Sawyer Marlene S $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Kelly Christine $451,155
Previous Owner Bennett Justin Lauren $298,500
Previous Owner Bennett Justin $215,200
Previous Owner Beachy Woman Properties Llc $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $474,900 0.0% $346 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $474,900 -0.9% $346 / Sq Ft
06/05/2023 06/05/23 For Sale $479,000 +78.1% $349 / Sq Ft
09/11/2020 09/11/20 Sold $269,000 -5.6% $196 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $284,900 +39.7% $207 / Sq Ft
10/26/2016 10/26/16 Sold $204,000 -8.9% $154 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $224,000 -- $169 / 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 $2,248 $258,400 $53,000 $205,400
2022 $2,196 $258,400 $53,000 $205,400
2021 $2,211 $258,400 $53,000 $205,400
2020 $1,958 $185,900 $48,200 $137,700
2019 $1,958 $185,900 $48,200 $137,700
2018 $1,469 $185,900 $48,200 $137,700
2017 $1,958 $185,900 $48,200 $137,700
2016 $1,707 $154,100 $42,100 $112,000
2015 $632 $59,700 $42,100 $17,600
2014 -- $59,700 $42,100 $17,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100387939

Hive MLS

APN: R05407-037-008-000