NOT LISTED FOR SALE

Estimated Value: $450,000 - $556,000

4 Beds
4 Baths
2,118 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 29, 2012

Last sale price $239,900 $113 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,066/month

10 Days on Market

Highlights

  • Access To Pond
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Heated Indoor Pool
  • Furnished
  • Landscaped with Trees

About This Home

As of November 2012

Fabulous Lakefront Home! Screen in heated swimming pool with jacuzzi and extended lanai overlooking the Pond. Fireplace, Very nice furniture package. Outside pool bathroom. Corian countertops, Ceramic Tile, Stereo System. Master bedroom on first floor and 3 bedrooms upstairs. Great for Renting to Vacationers, Long term or Just move in!

Last Agent to Sell the Property

Kathryne Lenox

REGENT INTERNATIONAL REALTY License #544038 Listed on: 10/09/2012

Last Buyer's Agent

Pascale Trosch

MBT HOMES License #701098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1995

Lot Details

  • 7,231 Sq Ft Lot
  • East Facing Home
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned OPUD

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Insulated Concrete Forms
  • Shingle Roof

Interior Spaces

  • 2,118 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Access To Pond

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Oak Island Harbor Formosa Gdns Subdivision
  • The community has rules related to fencing

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,845

Year Built

Built in 1995

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: ICFs (Insulated Concrete Forms)
  • Fireplace: Yes
  • Living Area: 2118
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 2742
  • Lot Size Sq Ft: 7231
  • Directions to Property: WEST on 192: SOUTH on Formosa Gardens Blvd; WEST on Formosa Blvd.; RIGHT on Lotus Court
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1054235
  • RATIO Current Price By Calculate: 113.27
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Window Features: Blinds
  • Street Number Modifier: 2900
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Indoor, Salt Water, Screen Enclosure
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Fence Restrictions
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 500.00
  • Total Monthly Fees: 41.67

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-4457-0001-0550
  • Additional Parcels: Yes
  • Lot Features: In County, Sidewalk, Paved
  • Homestead YN: 0
  • Future Land Use: 0111

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-11-29T00:00:00.000

Tax Info

  • Tax Annual Amount: 2845
  • Tax Block: 0001
  • Tax Book Number: 0007/0072
  • Tax Lot: 0550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
Nov 30, 2012
Sold by
Wimms Richard A and Wimms Nan E
Bought by
Magnin Jean Christophe and Magnin Stephanie
Seller's Agent
Kathryne Lenox
REGENT INTERNATIONAL REALTY
Buyer's Agent
Pascale Trosch
MBT HOMES
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$485,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,551
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Jun 3, 2003
Sold by
Lindsay John F and Lindsay Fiona R
Bought by
Wimms Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.16%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Rafael
Bought by
Lindsay John F and Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,800
Interest Rate
6.72%

Purchase Details

Closed on
Oct 10, 1995
Sold by
Chen George
Bought by
Parra Rafael Melean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,350
Interest Rate
7.72%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Magnin Jean Christophe $239,900 Equity Land Title Llc
Wimms Richard A $220,000 --
Lindsay John F $214,000 --
Parra Rafael Melean $181,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wimms Richard A $157,500
Previous Owner Lindsay John F $149,800
Previous Owner Parra Rafael Melean $127,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Off Market $239,900 -- --
11/29/2012 11/29/12 Sold $239,900 0.0% $113 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $239,900 -- $113 / Sq Ft
Source: Stellar 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 $5,491 $417,600 $93,500 $324,100
2023 $5,491 $292,578 $0 $0
2022 $4,611 $314,000 $51,800 $262,200
2021 $4,085 $241,800 $40,200 $201,600
2020 $3,871 $227,100 $40,200 $186,900
2019 $3,753 $214,800 $36,800 $178,000
2018 $3,594 $207,300 $34,500 $172,800
2017 $3,503 $196,500 $29,900 $166,600
2016 $3,374 $192,300 $27,600 $164,700
2015 $3,220 $182,000 $27,600 $154,400
2014 $2,812 $151,500 $27,600 $123,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5124515

Stellar MLS

APN: 09-25-27-4457-0001-0550