NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,228,000

4 Beds
3.5 Baths
3,125 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $521,500 $167 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,258/month

532 Days on Market

Highlights

  • Waterfront
  • Creek or Stream View
  • Main Floor Primary Bedroom
  • Roland-Grise Middle School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2014

This new custom built home is built by Dennis Moeller Construction. Dennis Moeller has over thirty years of custom home building experience which makes him one of Wilmington's premier builders. This custom home is located within Palmetto Point, a water front community on Hewlett's Creek. This home is a lovely 3100 sq ft, four bedroom, three and half bath that includes a bonus room and formal dining room. A downstairs master boasts trey ceilings, garden tub with separate walk in tile shower and large walk-in closet. A professional designed kitchen includes special features such as Granite Counter Tops, Stainless steel appliances and center island. Hardwood Floors in foyer, Great Room, Dining, Kitchen, Master Suite and powder rooms. The many high end features for this home keeps going

Last Agent to Sell the Property

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 01/04/2013

Intracoastal Realty Corp

Last Buyer's Agent

Kirk Pugh

KELLER WILLIAMS REALTY License #267423

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 2013

Lot Details

  • 0.46 Acre Lot
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,125 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Creek or Stream Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 10314615.63.2746.000

Community Details

Overview

  • Palmetto Pointe Subdivision
  • Maintained Community

Recreation

  • Waterfront

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,403

Year Built

Built in 2013

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Gas Logs
  • List Price per Sq Ft: 169.57
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 3125.00
  • Total Heated Primary Separate Sq Ft: 3125.00

Exterior Features

  • Exterior Features: Irrigation System
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Management
  • HOAAssociationFee1Year: 600.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2222.00
  • Lot Acres: 0.46
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 20038.00
  • Lot Water Features: Waterfront Comm
  • Zoning: R-20
  • Lot View Type: Creek View

Tax Info

  • Tax Identifier: 10314615.63.2746.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jun 16, 2014
Sold by
M&M Developers Inc
Bought by
Gainor Andrew J and Gainor Lauren H
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Kirk Pugh
KELLER WILLIAMS REALTY
List Price
$499,000
Sold Price
$521,500
Premium/Discount to List
$22,500
4.51%
Current Estimated Value
$1,085,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,494
Avg. Annual Appreciation
6.82%
Original Mortgage
$417,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2012
Sold by
First Troy Spe Llc
Bought by
M&M Developers Inc

Purchase Details

Closed on
Mar 11, 2010
Sold by
Palmetto Pointe Building Company Llc
Bought by
First Troy Spe Llc
Source: Public Records

Range of Values:

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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
Gainor Andrew J $521,500 None Available
M&M Developers Inc $1,250,000 --
First Troy Spe Llc $2,950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gainor Andrew J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2014 06/20/14 Sold $521,500 +4.5% $167 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
01/04/2013 01/04/13 For Sale $499,000 -- $160 / 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 $5,403 $621,000 $130,600 $490,400
2022 $5,279 $621,000 $130,600 $490,400
2021 $5,315 $621,000 $130,600 $490,400
2020 $4,808 $456,400 $140,000 $316,400
2019 $4,777 $453,500 $140,000 $313,500
2018 $4,777 $453,500 $140,000 $313,500
2017 $4,777 $453,500 $140,000 $313,500
2016 $4,342 $391,900 $100,000 $291,900
2015 $4,150 $391,900 $100,000 $291,900
2014 $3,974 $391,900 $100,000 $291,900
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30485275

Hive MLS

APN: R06200-007-056-000