NOT LISTED FOR SALE

Estimated Value: $482,000 - $521,000

4 Beds
4 Baths
1,660 Sq Ft
$305/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2025

Last sale price $490,000 $295 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,999 / mo

5 Days on Market

Highlights

  • High Ceiling
  • Great Room
  • No HOA
  • John T. Hoggard High School Rated A
  • Solid Surface Countertops
  • Covered Patio or Porch

About This Home

As of May 2025

This 4-bedroom, 4-bathroom house, built in 2022, offers an exceptional investment opportunity as a rental property. Located just a stone's throw from the University of North Carolina Wilmington (UNCW), it sits in a highly desirable area for both students and faculty members. The home is constructed on a solid concrete slab, eliminating any concerns over crawlspace maintenance, a common issue with older homes. Inside, the property boasts modern finishes, including sleek solid surface flooring throughout and beautiful granite countertops in the kitchen. Each bedroom is equipped with its own en suite bathroom, providing ultimate privacy for tenants—a key feature that will surely attract those seeking a more comfortable and independent living arrangement. The house also features a spacious backyard, perfect for outdoor activities or relaxation, along with a convenient storage shed for extra space. With a market rent of $3,200 per month and no HOA fees, this property is poised to generate solid cash flow with minimal ongoing maintenance costs. The easy access to the Gary Shell Cross City Trail adds further appeal, providing a scenic route directly to downtown Wilmington and the popular Wrightsville Beach. This prime location, combined with the low-maintenance design and modern amenities, makes this home an ideal choice for investors seeking a reliable, profitable rental property near UNCW.

Last Agent to Sell the Property

Jason Bell

Keller Williams Innovate-Wilmington License #225212 Listed on: 03/18/2025

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Christan Miller

Keller Williams Innovate-Wilmington License #305074

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 2022

Lot Details

  • 11,892 Sq Ft Lot
  • Property fronts a state road
  • Property is zoned R-10

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Thermal Doors
  • Great Room
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Driveway Spaces
  • Paved Parking
  • Off-Street Parking

Schools

  • College Park Elementary School
  • Williston Middle School
  • Hoggard High School

Additional Features

  • Energy-Efficient Doors
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Oak Crest Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number R05617-002-029-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,616

Year Built

Built in 2022

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2022
  • Property Sub Type: Single Family Residence
  • Original List Price: 495000.00
  • Accessibility Features: None
  • Unit Levels: One
  • Living Area: 1660.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 298.19
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Interior Amenities: High Ceilings, Solid Surface, Ceiling Fan(s), Pantry
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Thermal Doors
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 6
  • Room Types: Great Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 4.00
  • Attic Features: None
  • Living Area Range: 1600 - 1799
  • Floor Plans Count: 1
  • Floor Plans Change Timestamp: 2025-03-18T14:46:40Z

Exterior Features

  • Exterior Features: DP50 Windows, Thermal Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Architectural Shingle
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 2
  • Parking Features: Off Street, Paved
  • Driveway Spaces: 2

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Elementary School: College Park
  • High School: Hoggard
  • Junior High Dist: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 6520
  • Deed Page: 1575.00
  • Lot Number: 35
  • Zoning: R-10
  • Lot Size Acres: 0.27
  • Lot Size: Irregular
  • Lot Size Sq Ft: 11892.00
  • Purchase Contract Date: 2025-03-23
  • Parcel#: R05617-002-029-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 5
  • Tax Lot: 35
  • Tax Map Number: 62
  • Tax Other Assessment Amount Frequency: 0
  • Tax Amount: 2616.09

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Mar 25, 2025
Sold by
Bought by
Seller's Agent
Jason Bell
Keller Williams Innovate-Wilmington
Buyer's Agent
Christan Miller
Keller Williams Innovate-Wilmington
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Views
28
Current Estimated Value
$505,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,973
Avg. Annual Appreciation
2.62%
Original Mortgage
$271,000
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jul 14, 2022
Sold by
Bought by
Seller's Agent
Melissa Williams
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Dec 2, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.0298%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 1977
Sold by
Bought by

Purchase Details

Closed on
May 23, 1977
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 None Listed On Document
$435,000 New Title Company Name
$70,000 None Available
$59,000 None Available
-- None Available
$45,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $271,000
Previous Owner $70,000
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Sold $490,000 -1.0% $295 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $495,000 +13.8% $298 / Sq Ft
07/19/2022 07/19/22 Sold $435,000 0.0% $262 / Sq Ft View Prior Sale
04/22/2022 04/22/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $435,000 -- $262 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,898 $492,500 $117,500 $375,000
2024 -- $300,700 $65,100 $235,600
2023 $2,582 $305,600 $65,100 $240,500
2022 $530 $65,100 $65,100 $0
2021 $557 $65,100 $65,100 $0
2020 $367 $34,800 $34,800 $0
2019 $367 $34,800 $34,800 $0
2018 $367 $34,800 $34,800 $0
2017 $367 $34,800 $34,800 $0
2016 $386 $34,800 $34,800 $0
2015 $369 $34,800 $34,800 $0
2014 $353 $34,800 $34,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100495070

Hive MLS

APN: R05617-002-029-000

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