NOT LISTED FOR SALE

228 Hibiscus Way Wilmington, NC 28412

Echo Farms-Rivers Edge Neighborhood

Estimated Value: $231,000 - $247,000

2 Beds
2 Baths
1,033 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $154,000 $149 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,563/month

11 Days on Market

Highlights

  • Vaulted Ceiling
  • End Unit
  • Resident Manager or Management On Site
  • Wood Flooring
  • Patio
  • Laundry closet

About This Home

As of November 2020

Looking for a lovely and easy to maintain townhome in desirable Independence South Townhomes, then this is it! You will adore the open floorplan! This immaculate one level end unit boast two-bedroom, two bathrooms with hardwood flooring in the main living area. Bright and Sunny kitchen with lots of space showcased with expansive countertops. If you are feeling like a walk or run? Then head right out the back-patio door to the local nature trail. Excellent location in Mid-Town Wilmington near the beach, both Carolina or Wrightsville beach. You decide. You are only a mile and half to The Pointe. Which features restaurants, shops and a 14-screen movie theater. Did I mention it has a Starbucks with a sweet drive through? Don't miss out! This one wont last long. Book your private showing today!

Last Agent to Sell the Property

Neil Leonard

Berkshire Hathaway HomeServices Carolina Premier Properties License #297455 Listed on: 09/25/2020

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

John Salter

Berkshire Hathaway HomeServices Carolina Premier Properties

Berkshire Hathaway HomeServices Carolina Premier Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 2005

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,033 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Attic Access Panel
  • Laundry closet

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R07006-001-040-000

Community Details

Overview

  • Independence South Townhomes Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,309

Year Built

Built in 2005

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: End Unit, One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 151.98
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1033.00
  • Total Heated Primary Separate Sq Ft: 1033.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Trash, Taxes, Management
  • HOAAssociationFee1Year: 1860.00

Lot Info

  • Deed Page: 448.00
  • Lot Acres: 0.03
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 1307.00
  • Special Assessments: None Known
  • Zoning: MF-M

Green Features

  • Green Bldg Certify: None

Rental Info

  • Rental Income Gross Rental Income: 1125.00

Tax Info

  • Tax Identifier: R07006-001-040-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 11, 2020
Sold by
Powell Mark Mackay and Walberg Barbam
Bought by
Salter John and Salter Lindsey
Seller's Agent
Neil Leonard
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
John Salter
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$157,000
Sold Price
$154,000
Premium/Discount to List
-$3,000
-1.91%
Current Estimated Value
$238,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,832
Avg. Annual Appreciation
9.53%
Original Mortgage
$115,500
Outstanding Balance
$104,407
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$133,738

Purchase Details

Closed on
May 25, 2007
Sold by
Lavern Kenneth and Lavern Mary
Bought by
Powell Charles E and Powell Virginia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Independence South Llc
Bought by
Lavern Ken and Lavern Mary

Purchase Details

Closed on
Oct 5, 2004
Sold by
Independence Gene Llc
Bought by
Independence South Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Salter John $154,000 None Available
Powell Charles E $154,500 None Available
Lavern Ken $121,000 None Available
Independence South Llc $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salter John $115,500
Previous Owner Powell Virginia G $123,100
Previous Owner Powell Charles E $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $154,000 -1.9% $149 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $157,000 -- $152 / 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 $1,309 $150,500 $35,000 $115,500
2022 $1,279 $150,500 $35,000 $115,500
2021 $1,288 $150,500 $35,000 $115,500
2020 $1,198 $113,700 $23,800 $89,900
2019 $1,198 $113,700 $23,800 $89,900
2018 $1,198 $113,700 $23,800 $89,900
2017 $1,198 $113,700 $23,800 $89,900
2016 $984 $88,800 $23,800 $65,000
2015 $940 $88,800 $23,800 $65,000
2014 $900 $88,800 $23,800 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Neil Leonard

    Seller's Agent in 2020

    Neil Leonard

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 540-5767

    3 in this area

    121 Total Sales

    Neil Leonard
    Section Image

  • J

    Buyer's Agent in 2020

    John Salter

    Berkshire Hathaway HomeServices Carolina Premier Properties

    Section Image
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Map

Source: Hive MLS

MLS Number: 100238238

Hive MLS

APN: R07006-001-040-000

North Carolina New Hanover County Wilmington 28412 Echo Farms-Rivers Edge

228 Hibiscus Way, Wilmington, NC

This home is located at 228 Hibiscus Way, Wilmington, NC 28412 since 25 September 2020 and is currently estimated at $238,832, approximately $231 per square foot. This property was built in 2005. 228 Hibiscus Way is a home located in New Hanover County with nearby schools including Edwin A. Alderman Elementary School, Williston Middle School, and New Hanover High School.

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Hive MLS 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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