$120,000
SOLD MAR 11, 2020
2 Beds
2 Baths
1,182 Sq Ft
$295/mo HOA Fee

Recently Sold

$102 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Fitness Center
  • End Unit
  • Tennis Courts
  • Masonboro Elementary School Rated A
  • Community Pool
  • Cul-De-Sac

About This Home

As of June 2020

Calling all Investors!! Great opportunity to get into the Caneel Cove Marsh front community with this end unit townhouse just under 1200 Square feet of living space. Priced well below recent appraisal. This unit does need some immediate attention with flooring & paint to make it your own. Great schools in this area. Community HOA includes pool, clubhouse & tennis. This would be a great investment piece to add to someones portfolio or could be renovated into a quaint, cozy low maintenance retreat for someone downsizing.

Last Agent to Sell the Property

Tracy Lewchuk

Coldwell Banker Sea Coast Advantage License #226114 Listed on: 02/26/2020

Coldwell Banker Sea Coast Advantage

Co-Listed By

Tracey Keels

Coldwell Banker Sea Coast Advantage-Midtown License #252606

Last Buyer's Agent

Neil Leonard

Berkshire Hathaway HomeServices Carolina Premier Properties License #297455

Berkshire Hathaway HomeServices Carolina Premier Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1984

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 18x76x18x77
  • Property fronts a private road
  • End Unit
  • Cul-De-Sac
  • Wood Fence

HOA Fees

  • $295 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Storage In Attic
  • Laundry closet

Kitchen

  • Stove
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 244
  • Assessor Parcel Number R06705-006-020-000

Community Details

Overview

  • Master Insurance
  • Caneel Cove Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,495

Year Built

Built in 1984

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: End Unit, Two
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Eave Storage
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Skylights, Smoke Detectors, Gas Logs
  • Laundry Location: Closet
  • List Price per Sq Ft: 100.68
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1182.00
  • Total Heated Primary Separate Sq Ft: 1182.00

Exterior Features

  • Exterior Features: Gas Logs, Storm Doors
  • Exterior Finish: Wood Siding
  • Fencing: Wood
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: assigned parking
  • Parking Driveway: Assigned, Paved

Utilities

  • Appliances Equipment: Stove/Oven - Electric, Vent Hood
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Street Lights, Trash, Termite Bond, Tennis Court(s), Taxes, Pest Control, Master Insure, Management, Maintenance Structure, Maint - Comm Areas, Fitness Center
  • HOAAssociationFee1Year: 3540.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 653.00
  • Lot Acres: 0.03
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 18x76x18x77
  • Lot Number: 244
  • Lot Sq Ft: 1307.00
  • Plat Book: 6
  • Plat Page: 295
  • Special Assessments: unknown
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06705-006-020-000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1093.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2020
Closed on
May 14, 2020
Sold by
Wizard Investments Llc
Bought by
Backus Mari and Fabiano Backus Joanne
Seller's Agent
Neil Leonard
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Brittany Allen
Keller Williams Innovate-Wilmington
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$263,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,678
Avg. Annual Appreciation
9.99%
Original Mortgage
$123,675
Outstanding Balance
$110,785
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$162,079

Purchase Details

Listed on
Feb 26, 2020
Closed on
Mar 10, 2020
Sold by
Hogan Lorraine A
Bought by
Wizard Investments Llc
Seller's Agent
Tracy Lewchuk
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Neil Leonard
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
275.98%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Frasure Robin Ann and Frasure Robin Anne
Bought by
Hogan Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1992
Sold by
Warren James F Wendy L
Bought by
Frasure Robin Ann

Purchase Details

Closed on
Dec 1, 1984
Sold by
Courtland Development Inc
Bought by
Warren James F

Purchase Details

Closed on
Nov 1, 1983
Bought by
Courtland Development Inc
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $165,000 None Available
Warranty Deed $120,000 None Available
Warranty Deed $108,000 None Available
Deed $53,000 --
Deed $44,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,675 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $111,700 Unknown
Previous Owner $84,000 Purchase Money Mortgage
Previous Owner $68,200 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $164,900 0.0% $141 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $164,900 +37.4% $141 / Sq Ft
03/11/2020 03/11/20 Sold $120,000 +0.8% $102 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $119,000 -- $101 / 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 $1,495 $171,800 $60,000 $111,800
2022 $1,460 $171,800 $60,000 $111,800
2021 $1,470 $171,800 $60,000 $111,800
2020 $1,093 $103,800 $30,000 $73,800
2019 $1,093 $103,800 $30,000 $73,800
2018 $1,093 $103,800 $30,000 $73,800
2017 $1,093 $103,800 $30,000 $73,800
2016 $1,136 $102,500 $33,000 $69,500
2015 $1,085 $102,500 $33,000 $69,500
2014 $1,039 $102,500 $33,000 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100206336

Hive MLS

APN: R06705-006-020-000