NOT LISTED FOR SALE

2485 Scotts Hill Loop Rd Wilmington, NC 28411

Estimated Value: $244,110 - $314,000

2 Beds
1 Bath
1,196 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $160,000 $134 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,561/month

73 Days on Market

Highlights

  • Marina
  • Water Views
  • Deck
  • South Topsail Elementary School Rated A-
  • Water Access
  • No HOA

About This Home

As of May 2020

PRICE REDUCED! Situated directly across the street from of one of Wilmington's most popular marinas, this charming cottage would be the perfect fit for any boat owner. Featuring lovely wood flooring and spacious room sizes, the price point will enable buyer to start with great bones and update.This home is being sold AS-IS

Last Agent to Sell the Property

Tonya Morris

Morris Property Management & Maintenance Inc. Listed on: 01/29/2020

Last Buyer's Agent

Holly Overton

Coldwell Banker Sea Coast Advantage License #264445

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1961

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 172x219x111x78
  • Property is zoned R20

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Concrete Siding
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Formal Dining Room
  • Water Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Dirt Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Covered patio or porch

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3280-26-0603-0000

Community Details

Overview

  • No Home Owners Association
  • Scotts Glen Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,059

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame, Concrete
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: Dirt, Outside Entrance
  • Dining Room Type: Formal
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Smoke Detectors
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 140.47
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1196.00
  • Total Heated Primary Separate Sq Ft: 1196.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos, Block
  • Fencing: None
  • Foundation: Block, Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Dirt, Unpaved, Off Street, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Marina

Lot Info

  • Deed Page: 317.00
  • Lot Acres: 0.39
  • Lot Dimensions: 172X219X111X78
  • Lot Sq Ft: 16988.00
  • Lot Water Features: Water Access Comm
  • Plat Book: 0142
  • Plat Page: 112
  • Zoning: R20

Tax Info

  • Tax Identifier: 3280-26-0603-0000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 1059.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
May 13, 2020
Sold by
Olson Evelyn M and Olson Obin
Bought by
Lewis Sean D
Seller's Agent
Tonya Morris
Morris Property Management & Maintenance Inc.
Buyer's Agent
Holly Overton
Coldwell Banker Sea Coast Advantage
List Price
$189,000
Sold Price
$160,000
Premium/Discount to List
-$29,000
-15.34%
Total Days on Market
73
Current Estimated Value
$276,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,278
Avg. Annual Appreciation
9.89%
Original Mortgage
$157,102
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2005
Sold by
Ballard Thomas C and Ballard Dail D
Bought by
Olson Evelyn M and Olson Obin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Lewis Sean D $160,000 None Available
Olson Evelyn M $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Sean D $104,000
Closed Lewis Sean D $157,102
Previous Owner Olson Evelyn M $122,250
Previous Owner Olson Evelyn M $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $160,000 -15.3% $134 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $189,000 -- $158 / 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
2024 $1,133 $100,821 $33,750 $67,071
2023 $1,059 $73,993 $33,750 $40,243
2022 $1,059 $100,821 $33,750 $67,071
2021 $1,059 $100,821 $33,750 $67,071
2020 $1,059 $100,821 $33,750 $67,071
2019 $1,059 $100,821 $33,750 $67,071
2018 $1,100 $100,832 $70,000 $30,832
2017 $1,100 $100,832 $70,000 $30,832
2016 $1,090 $100,832 $70,000 $30,832
2015 $1,055 $100,832 $70,000 $30,832
2014 $848 $100,832 $70,000 $30,832
2013 -- $100,832 $70,000 $30,832
2012 -- $100,832 $70,000 $30,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100202309

Hive MLS

APN: 3280-26-0603-0000