NOT LISTED FOR SALE

300 the Cape Blvd Unit 101b Wilmington, NC 28412

The Cape Neighborhood

Estimated Value: $229,000 - $243,604

3 Beds
2 Baths
1,148 Sq Ft
$300/mo HOA Fee

Last Sold August 03, 2021

Last sale price $177,500 $155 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,623/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Edwin A. Anderson Elementary School Rated A-
  • Cul-De-Sac
  • Walk-In Closet

About This Home

As of August 2021

Located approximately 7 minutes to Carolina Beach, this is the perfect 3 bedroom/2 bath beach condo you have been looking for. Ideal for a 2nd home getaway near the ocean, or full time residence for someone looking for a low maintenance lifestyle that won't break the bank. Raparian Villas is a small community of 3 buildings with 4 condos in each building, for a total of 12 units. This condo is located in the desirable neighborhood of The Cape which primarily consist of nice single family homes. As you walk through the front door, you'll notice the bright and open floorplan and the hardwood floors in the main areas. The kitchen is white and has modern appliances and there is a fun breakfast bar for gathering. Seller is offering all kitchen appliances and is also including washer and dryer with this unit. Off the kitchen are a cute dining area and spacious living room. Set the ambiance in colder months with gas logs in the living room. This is a rare 3 bedroom condo and the bedrooms are ample sizes and have high end elegant ceiling fans. The master bedroom includes a huge walk in closet and has its own en suite bathroom. Currently one of the bedrooms is being utilized as an office but can easily revert back to a bedroom. Out back through the sliding glass doors you will find a large private 20x10 deck offering plenty of room for entertaining guests. A storage room is off of the deck for holding all of your extras. There is also a nice common green space area behind the condo that can be utilized. Buy with peace of mind knowing that the roof is less than 1 year old and the heat pump was replaced approximately 2 years ago. For investors, units can be rented on a long term basis only but short term rentals are not allowed by the HOA. Schedule your private viewing today to see this amazing opportunity while it is still available.

Last Agent to Sell the Property

Paul Buckman

RE/MAX Essential License #242287 Listed on: 06/17/2021

RE/MAX Essential

Last Buyer's Agent

John Theodorakis

Intracoastal Realty Corp License #289057

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $796

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R08407-001-034-002

Community Details

Overview

  • The Cape Subdivision
  • Maintained Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$796

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet, Hall, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 148.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1148.00
  • Total Heated Primary Separate Sq Ft: 1148.00

Exterior Features

  • Exterior Features: Irrigation System, None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Taxes, Maint - Comm Areas, Maintenance Structure, Maint - Roads, Maint - Grounds
  • HOAAssociationFee1Year: 3600.00

Lot Info

  • Deed Page: 1760.00
  • Lot Description: Cul-de-Sac Lot
  • Plat Book: 7
  • Plat Page: 327-329
  • Zoning: R-15

Green Features

  • Green Bldg Features: Energy Star Appl

Tax Info

  • Tax Identifier: R08407-001-034-002
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 747.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 29, 2021
Sold by
Lafayette Robert J and The Robert J Lafayette Irrevoc
Bought by
King Gloria J
Seller's Agent
Paul Buckman
RE/MAX Essential
Buyer's Agent
John Theodorakis
Intracoastal Realty Corp
List Price
$169,900
Sold Price
$177,500
Premium/Discount to List
$7,600
4.47%
Current Estimated Value
$238,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,651
Avg. Annual Appreciation
8.22%
Original Mortgage
$158,400
Outstanding Balance
$145,638
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$100,332

Purchase Details

Closed on
Jul 30, 2019
Sold by
Lafayette Robert J
Bought by
Lafayette Robert J and Lafayette Irrevocable Robert J

Purchase Details

Closed on
Feb 5, 2018
Sold by
Lafayette James L
Bought by
Lafayette Robert J and The James L Lafayette Family T

Purchase Details

Closed on
Apr 4, 1997
Sold by
Shull John C Charlotte K
Bought by
Lafayette James L Elizabeth A

Purchase Details

Closed on
Mar 30, 1989
Sold by
Peoples Federal S&L Assoc
Bought by
Shull Charlotte Kean

Purchase Details

Closed on
Jul 1, 1988
Sold by
Midway Ventures Inc
Bought by
Peoples Federal S&L Assoc

Purchase Details

Closed on
Oct 1, 1986
Sold by
Riparian Ventures Inc
Bought by
Midway Ventures Inc

Purchase Details

Closed on
Sep 1, 1985
Bought by
Riparian Ventures Inc
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
King Gloria J $177,500 None Available
Lafayette Robert J -- None Available
Lafayette Robert J -- None Available
Lafayette Robert J -- None Available
Lafayette James L Elizabeth A $81,500 --
Shull Charlotte Kean $58,000 --
Peoples Federal S&L Assoc $69,000 --
Midway Ventures Inc -- --
Riparian Ventures Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Gloria J $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $177,500 +4.5% $155 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $169,900 -- $148 / 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 $796 $152,300 $0 $152,300
2022 $803 $152,300 $0 $152,300
2021 $0 $152,300 $0 $152,300
2020 $748 $118,200 $0 $118,200
2019 $748 $118,200 $0 $118,200
2018 $0 $118,200 $0 $118,200
2017 $765 $118,200 $0 $118,200
2016 $945 $136,300 $0 $136,300
2015 $878 $136,300 $0 $136,300
2014 $863 $136,300 $0 $136,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100277023

Hive MLS

APN: R08407-001-034-002