$340,000
SOLD MAY 19, 2025

223 Olde Well Loop Rd Wilmington, NC 28411

3 Beds
2 Baths
1,296 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

3 Days on Market

Highlights

  • Covered Patio or Porch
  • Combination Dining and Living Room
  • Heat Pump System
  • Emma B. Trask Middle School Rated 9+
  • Wood Fence
  • 1-Story Property

About This Home

As of May 2025

OFFER DEADLINE 12:00 NOON 4/22/2025 Welcome to 223 Olde Well Loop Road - a charming home in the heart of one of Wilmington's most convenient and desirable neighborhoods, Farrington Farms!This beautifully maintained 3-bedroom, 2-bathroom home offers the perfect blend of comfort, functionality, and location. Just minutes from Wrightsville Beach, Mayfaire Town Center, and historic downtown Wilmington, you'll have easy access to top-rated restaurants, boutique shopping, and vibrant coastal culture.Step inside to a welcoming foyer that opens into a bright and airy open-concept living space. The living room, kitchen, and dining area flow seamlessly together - perfect for entertaining or relaxing at home. The kitchen features a brand-new refrigerator, ample counter space, and a kitchen bar for casual dining.The spacious primary suite is a peaceful retreat, complete with a walk-in closet and a private ensuite bathroom. Large windows overlook the expansive fenced-in backyard, framed by mature trees that provide shade and privacy. Two additional guest bedrooms and a full hallway bathroom offer comfort and flexibility for family or visitors.Enjoy Wilmington's mild coastal climate year-round from your patio - the perfect spot to enjoy morning coffee. The backyard features a cozy fire pit and is fully enclosed with a wooden privacy fence, ideal for gatherings, pets, or play.Whether you're relocating, investing, or simply looking for a place to call home, this one has it all. Low HOA fees and not in a flood zone- this home is a must see. Come experience the best of Wilmington living - your new home awaits!

Last Agent to Sell the Property

Crystal McDaniel

Palm Realty, Inc. License #297487 Listed on: 04/12/2025

Last Buyer's Agent

Jeff Chase

Coastal Properties License #221750

Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1999

Lot Details

  • 7,971 Sq Ft Lot
  • Wood Fence
  • Property is zoned R-10

HOA Fees

  • $20 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Blair Elementary School
  • Trask Middle School
  • Laney High School

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Community Details

  • Cepco Association, Phone Number (910) 395-1500
  • Farrington Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04300-003-061-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,162

Year Built

Built in 1999

Lot Details

7,971 Sq Ft Lot

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 262.35
  • New Construction: No
  • Prospect Exempt: No
  • Total Real Estate Property Taxes: 1162.04
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Interior Amenities: Master Downstairs
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1296.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1296.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Concrete

Utilities

  • Cooling System: Heat Pump
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Sidewalk
  • H O A Association Fee1 Year: 240.00
  • H O A Association Name: CEPCO
  • H O A Association Phone: 9103951500

Schools

  • Elementary School: Blair
  • High School: Laney
  • Middle School: Trask
  • School District: New Hanover

Lot Info

  • Cobra Zone: No
  • Deed Page: 2949.00
  • Lot Acres: 0.18
  • Lot Dimensions: Buyer to confirm with survey
  • Lot Sq Ft: 7971.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R04300-003-061-000
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
May 15, 2025
Sold by
Phillips Amber Lynne and Anders Amber Lynne
Bought by
Southern Management Llc
Seller's Agent
Crystal McDaniel
Palm Realty, Inc.
Buyer's Agent
Jeff Chase
Coastal Properties
List Price
$340,000
Sold Price
$340,000
Views
78
Current Estimated Value
$349,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,335
Avg. Annual Appreciation
3.32%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 23, 2018
Sold by
Dominelli Matthew and Dominelli Jessica
Bought by
Phillips Amber L
Seller's Agent
Regina Drury
Regina Drury Real Estate Group LLC
Buyer's Agent
Crystal McDaniel
Keller Williams Innovate-Wilmington
List Price
$190,000
Sold Price
$186,500
Premium/Discount to List
-$3,500
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$176,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Reynolds Lauren and Reynolds Benjamin
Bought by
Dominelli Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,469
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Jones Daniel Cody and Jones Kimberly A
Bought by
Reynolds Benjamin and Reynolds Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2006
Sold by
Jones Kimberly A and Jones Daniel Cody
Bought by
Jones Daniel Cody and Jones Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Sunrise Homes Inc
Bought by
Small Kimberly Ann

Purchase Details

Closed on
Mar 29, 1999
Sold by
Landmark Homes Inc
Bought by
Sunrise Homes Inc

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Warranty Deed $186,500 None Available
Warranty Deed $170,000 None Available
Warranty Deed $190,000 None Available
Interfamily Deed Transfer -- None Available
Deed $118,500 --
Deed $3,974,500 --
Deed $414,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $176,500 New Conventional
Previous Owner $173,469 New Conventional
Previous Owner $152,000 Purchase Money Mortgage
Previous Owner $160,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2025 05/19/25 Sold $340,000 0.0% $262 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/19/2025 04/19/25 For Sale $340,000 +82.3% $262 / Sq Ft
03/06/2018 03/06/18 Sold $186,500 -1.8% $144 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $190,000 -- $147 / Sq Ft
Source: Hive MLS

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 -- $325,700 $107,700 $218,000
2024 $1,236 $222,400 $59,200 $163,200
2023 $1,230 $222,400 $59,200 $163,200
2022 $1,241 $222,400 $59,200 $163,200
2021 $1,230 $222,400 $59,200 $163,200
2020 $1,000 $158,100 $44,000 $114,100
2019 $1,000 $158,100 $44,000 $114,100
2018 $1,000 $158,100 $44,000 $114,100
2017 $1,024 $158,100 $44,000 $114,100
2016 $958 $138,200 $42,000 $96,200
2015 $890 $138,200 $42,000 $96,200
2014 $875 $138,200 $42,000 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100500811

Hive MLS

APN: R04300-003-061-000

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