NOT LISTED FOR SALE

2505 Down Stream Ln Unit 163 Wilmington, NC 28401

Estimated Value: $384,304 - $441,000

3 Beds
2 Baths
1,618 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $374,900 $232 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,393/month

3 Days on Market

Highlights

  • Home Energy Rating Service (HERS) Rated Property
  • Covered Patio or Porch
  • Resident Manager or Management On Site
  • Solid Surface Countertops
  • Walk-In Closet
  • Laundry Room

About This Home

As of June 2022

The Aria floor plan offers 1618 sq feet with 3 beds, 2 baths all on one floor for easy living! The kitchen offers a Huge pantry and large granite island with pendants. Kitchen/ dining space is all open to the great room! Great space to entertain your guests! Master bedroom is separate from the other 2 bedrooms for privacy. Pictures of similar home and not actual property. Come see this beautiful 4 bedroom 3 bath home today! Home is currently under construction and will be ready for move in, late June 2022. Lock in on pricing today! Offers being taken until Sunday 4/3 at 5pm.

Last Agent to Sell the Property

David Hartzler

D.R. Horton, Inc License #297389 Listed on: 04/01/2022

D.R. Horton, Inc

Co-Listed By

Jerel Nixon

D.R. Horton, Inc

Last Buyer's Agent

Kraig Marquis

Keller Williams Innovate-Wilmington License #258999

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 2022

Lot Details

  • 0.25 Acre Lot
  • Property fronts a private road

HOA Fees

  • $82 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Natural Gas Connected
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R03300-001-195-000

Community Details

Overview

  • Riverside Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,394

Year Built

Built in 2022

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Foyer, Walk-In Closet, Walk-in Shower, Solid Surface, Pantry, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 228.98
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1618.00
  • Total Heated Primary Separate Sq Ft: 1618.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Natural Gas Connected, Municipal Water
  • Water Heater: Natural Gas, Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Sidewalk, Trash, Taxes, Street Lights, Management, Maint - Roads
  • HOAAssociationFee1Year: 984.00

Schools

  • School District: New Hanover

Green Features

  • Green Bldg Certify: HERS Rated
  • Green Bldg Features: LED Lighting, Tankless Water Heater, Prog Thermostats

Lot Info

  • Lot Acres: 0.25
  • Lot Dimensions: rectangular
  • Lot Sq Ft: 10890.00
  • Zoning: residential

Tax Info

  • Tax Identifier: R03300-001-195-000
  • Tax Year: 2022

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 28, 2022
Sold by
Dr Horton Inc
Bought by
Inbasekaran Naveen
Seller's Agent
David Hartzler
D.R. Horton, Inc
Buyer's Agent
Kraig Marquis
Keller Williams Innovate-Wilmington
List Price
$372,490
Sold Price
$374,900
Premium/Discount to List
$2,410
0.65%
Current Estimated Value
$401,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,103
Avg. Annual Appreciation
1.43%
Original Mortgage
$299,920
Outstanding Balance
$287,395
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$104,512
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Inbasekaran Naveen $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inbasekaran Naveen $299,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $374,900 +1.2% $232 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
04/02/2022 04/02/22 Price Changed $370,490 -0.5% $229 / Sq Ft
04/01/2022 04/01/22 For Sale $372,490 -- $230 / 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 $1,394 $257,000 $63,700 $193,300
2023 $1,397 $258,500 $65,200 $193,300
2022 $344 $65,200 $65,200 $0
Source: Public Records

Agents Affiliated with this Home

  • David Hartzler

    Seller's Agent in 2022

    David Hartzler

    D.R. Horton, Inc

    (910) 742-7946

    28 in this area

    158 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jerel Nixon

    D.R. Horton, Inc

  • Kraig Marquis

    Buyer's Agent in 2022

    Kraig Marquis

    Keller Williams Innovate-Wilmington

    (910) 231-7272

    3 in this area

    144 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100320045

Hive MLS

APN: R03300-001-227-000

North Carolina New Hanover County Wilmington 28401

2505 Down Stream Ln Unit 163, Wilmington, NC

This home is located at 2505 Down Stream Ln Unit 163, Wilmington, NC 28401 since 01 April 2022 and is currently estimated at $408,826, approximately $252 per square foot. This property was built in 2022. 2505 Down Stream Ln Unit 163 is a home located in New Hanover County with nearby schools including Wrightsboro Elementary School, Holly Shelter 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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