NOT LISTED FOR SALE

2803 Spaulding Dr Wilmington, NC 28405

Estimated Value: $212,000 - $226,000

3 Beds
1 Bath
1,000 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $27,750 $28 Per Sq Ft

Est. 695% increase in value since last sale

Current estimated payment $1,258/month

25 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Community Playground
  • Holly Shelter Middle School Rated 9+
  • Porch
  • Forced Air Heating System

About This Home

As of September 2012

Investor special property, being sold as-is. It is suggested for Buyer to have inspections. Seller will not make repairs and price reflects condition. Nether agent or seller have previous knowledge of previous existing property conditions. Close to bus line and community center. Partially fenced in backyard Call for a personal showing! Cash purchase, 1031 tax exchange or conventional loan only! Home being sold as is.

Last Agent to Sell the Property

Jack Gale

Coldwell Banker Sea Coast Advantage License #197250 Listed on: 08/27/2012

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

John Horton

Laney Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1971

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned MF-M

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Attic Is Not Usable

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • Creekwood Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,060

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: No Access
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Vinyl
  • Heated Sq Ft: 0 - 200, 1000 - 1199
  • List Price per Sq Ft: 30.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1000.00
  • Total Heated Primary Separate Sq Ft: 1000.00

Exterior Features

  • Exterior Finish: Brick Veneer, Wood Siding
  • Fencing: Back Yard, Chain Link
  • Foundation: Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Other See Remarks: Cmnt
  • Parking Driveway: Off Street

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Playground

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 569.00
  • Lot Acres: 0.19
  • Lot Dimensions: irregular
  • Lot Sq Ft: 8276.00
  • Zoning: MF-M

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Ejp Properties Llc
Bought by
Sela Properties Llc
Current Estimated Value
$220,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$781,000
Outstanding Balance
$747,455
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
-$526,861

Purchase Details

Closed on
Nov 15, 2021
Sold by
Terra 17 Llc
Bought by
Ejp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,079,250
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2020
Sold by
Tj Real Estate Holdings Llc
Bought by
Tetta 17 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2018
Sold by
Olson Portfolio 2B Llc
Bought by
Tj Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,255,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Ritz Development 5 Llc
Bought by
Olson Portfolio 2 Llc

Purchase Details

Listed on
Aug 27, 2012
Closed on
Sep 21, 2012
Sold by
B & A Development Company
Bought by
Ritz Development 5 Llc
Seller's Agent
Jack Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
John Horton
Laney Real Estate Co.
List Price
$59,000
Sold Price
$27,750
Premium/Discount to List
-$31,250
-52.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Allen Anita and Allen Anita L
Bought by
B & A Development Co

Purchase Details

Closed on
Jun 13, 1995
Sold by
Wilmington Housing Authority
Bought by
Allen Anita L
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 Buyer Sale Price Title Company
Sela Properties Llc $1,000,000 Colby & Mincey Pllc
Ejp Properties Llc $408,000 None Available
Tetta 17 Llc $408,000 None Available
Tj Real Estate Holdings Llc $6,000,000 None Available
Olson Portfolio 2 Llc $976,500 None Available
Ritz Development 5 Llc $28,000 None Available
B & A Development Co $14,000 None Available
Allen Anita L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sela Properties Llc $781,000
Previous Owner Ejp Properties Llc $1,079,250
Previous Owner Tetta 17 Llc $326,400
Previous Owner Tj Real Estate Holdings Llc $5,255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $27,750 -53.0% $28 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $59,000 -- $59 / 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
2025 $1,060 $197,000 $43,900 $153,100
2024 $1,060 $121,800 $51,200 $70,600
2023 $1,029 $121,800 $51,200 $70,600
2022 $1,042 $121,800 $51,200 $70,600
2021 $1,042 $121,800 $51,200 $70,600
2020 $660 $62,700 $22,500 $40,200
2019 $660 $62,700 $22,500 $40,200
2018 $0 $62,700 $22,500 $40,200
2017 $660 $62,700 $22,500 $40,200
2016 $802 $72,400 $27,000 $45,400
2015 $767 $72,400 $27,000 $45,400
2014 $734 $72,400 $27,000 $45,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jack Gale

    Coldwell Banker Sea Coast Advantage

    (910) 620-9341

    3 Total Sales

    Jack Gale
    Section Image

  • J

    Buyer's Agent in 2012

    John Horton

    Laney Real Estate Co.

See All Agents

Map

Source: Hive MLS

MLS Number: 30480869

Hive MLS

APN: R04808-006-007-000

North Carolina New Hanover County Wilmington 28405

2803 Spaulding Dr, Wilmington, NC

This home is located at 2803 Spaulding Dr, Wilmington, NC 28405 since 27 August 2012 and is currently estimated at $220,594, approximately $220 per square foot. This property was built in 1971. 2803 Spaulding Dr is a home located in New Hanover County with nearby schools including Rachel Freeman School of Engineering, Holly Shelter Middle School, and Emsley A. Laney 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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