NOT LISTED FOR SALE

248 Hibiscus Way Wilmington, NC 28412

Echo Farms-Rivers Edge Neighborhood

Estimated Value: $231,000 - $246,000

2 Beds
2 Baths
1,050 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $150,000 $143 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,355/month

Highlights

  • Porch
  • Forced Air Heating System
  • 1-Story Property
  • Patio

About This Home

As of January 2024

2 bed/ 2 bath townhome in desirable Independence South Townhomes. Vaulted ceilings in the living room. Both bedrooms are spacious and offer ample closet space. The backyard of the home is a private paved patio. Conveniently located just minutes from downtown, The Pointe at Barclay shopping center, area medical facilities, downtown Wilmington, UNCW, beaches and more.

Last Agent to Rent the Property

Town & Country RENTALS

Town & Country Real Estate Listed on: 08/31/2023

Last Renter's Agent

Town & Country RENTALS

Town & Country Real Estate Listed on: 08/31/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $655

Year Built

  • Built in 2005

Lot Details

  • 1,307

Parking

  • Assigned Parking

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Alderman Elementary School
  • Williston Middle School
  • New Hanover High School

Additional Features

  • 1,307 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, electricity, pest control, sewer, water
  • The owner pays for hoa, trash removal
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Independence South Townhomes Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$655

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Owner Pays: HOA, Trash Removal
  • Lease Terms: 1 Year Lease
  • Tenant Pays: Deposit, Electricity, Pest Control, Sewer, Water
  • Leased Price Sq Ft: 1.40
  • Lease Price per Sq Ft: 1.40

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Townhouse
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1050.00
  • Heated and Separate Living Space Sq Ft: 1050.00

Exterior Features

  • Fencing: None
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Fuel Tank: None
  • Heating System: Forced Air
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • Elementary School: Alderman
  • Middle School: Williston
  • High School: New Hanover

Lot Info

  • Lot Acres: 0.03
  • Lot Sq Ft: 1307.00

MLS Schools

  • Elementary School: Alderman
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 20, 2020
Sold by
Bass Amy Lee
Bought by
Kutschka Regina Celia
Seller's Agent
Elaine Friece
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Bob McCorkle
Intracoastal Realty Corp
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$237,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,399
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Oct 25, 2013
Sold by
Ball Amy Bass
Bought by
Bass Amy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,650
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2006
Sold by
Stokes James A
Bought by
Ball Amy Bass

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 2005
Sold by
Independence South Llc
Bought by
Stokes James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
5.39%
Mortgage Type
Stand Alone Second

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
Kutschka Regina Celia $150,000 None Available
Bass Amy Lee -- None Available
Ball Amy Bass $152,000 None Available
Stokes James A $121,000 None Available
Independence South Llc $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bass Amy Lee $124,650
Previous Owner Ball Amy Bass $30,400
Previous Owner Ball Amy Bass $121,600
Previous Owner Stokes James A $24,000
Previous Owner Stokes James A $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Rented $1,475 0.0% --
12/28/2023 12/28/23 Under Contract -- -- --
10/17/2023 10/17/23 Price Changed $1,475 -4.8% $1 / Sq Ft
10/06/2023 10/06/23 For Rent $1,550 0.0% --
10/04/2023 10/04/23 Under Contract -- -- --
09/18/2023 09/18/23 Price Changed $1,550 -3.1% $1 / Sq Ft
08/31/2023 08/31/23 For Rent $1,600 +39.1% --
10/30/2020 10/30/20 Rented $1,150 0.0% --
09/30/2020 09/30/20 Under Contract -- -- --
09/22/2020 09/22/20 For Rent $1,150 0.0% --
08/27/2020 08/27/20 Sold $150,000 -3.2% $150 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $155,000 -- $155 / 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 $655 $150,600 $35,000 $115,600
2022 $960 $150,600 $35,000 $115,600
2021 $322 $150,600 $35,000 $115,600
2020 $1,199 $113,800 $23,800 $90,000
2019 $1,199 $113,800 $23,800 $90,000
2018 $1,199 $113,800 $23,800 $90,000
2017 $1,199 $113,800 $23,800 $90,000
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

  • T

    Landlord's Agent in 2024

    Town & Country RENTALS

    Town & Country Real Estate

    (910) 763-7500

    Section Image

  • E

    Seller's Agent in 2020

    Elaine Friece

    Berkshire Hathaway HomeServices Carolina Premier Properties

    Section Image

  • J

    Seller's Agent in 2020

    Jud Davis

    Intracoastal Realty Rentals

    (910) 509-9700

    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Lori Williams

    Intracoastal Realty Rentals

    (910) 509-7670

    Section Image

  • B

    Buyer's Agent in 2020

    Bob McCorkle

    Intracoastal Realty Corp

    (910) 256-4503

    1 in this area

    109 Total Sales

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Map

Source: Hive MLS

MLS Number: 100402624

Hive MLS

APN: R07006-001-052-000

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

248 Hibiscus Way, Wilmington, NC

This home is located at 248 Hibiscus Way, Wilmington, NC 28412 since 31 August 2023 and is currently priced at $237,399. This property was built in 2005. 248 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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