312 Palmer Way Wilmington, NC 28412
The Cape Neighborhood
3
Beds
2
Baths
1,806
Sq Ft
0.26
Acres
Highlights
- Water Views
- Gated Community
- Resident Manager or Management On Site
- Carolina Beach Elementary School Rated A-
- Covered Patio or Porch
- Picnic Area
About This Home
As of July 2019Enter off scenic River Road, into your gated community, and find the best value in Wilmington at 312 Palmer Way. This 3 bed 2 bath home boasts a BRAND NEW ROOF and HVAC and fully remodeled new interior and exterior! Loaded with brand new upgrades throughout the home such as LVP flooring, granite throughout, his and her walk in master closets, stainless steel appliances, and many more! Over 400 square feet of decking provides the perfect private entertainment space that overlooks your own natural oasis and fully irrigated mature landscaping.Don't miss this opportunity!
Last Agent to Sell the Property
Joe Hanselmann
Coastal ERA Listed on: 05/30/2019
Last Buyer's Agent
Team Archer
Spot Real Estate, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,532
Year Built
- Built in 1992
Lot Details
- 0.26 Acre Lot
- Irrigation
- Property is zoned R-15
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,806 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
- Water Views
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number R08410-001-058-000
Community Details
Overview
- The Cape Subdivision
- Maintained Community
Amenities
- Picnic Area
Security
- Resident Manager or Management On Site
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2019
Closed on
Jul 22, 2019
Sold by
Rich Melburn B and Rich Lauren S
Bought by
Kadala Neil P S and Shucavage Samantha E
Seller's Agent
Joe Hanselmann
Coastal ERA
Buyer's Agent
Team Archer
Spot Real Estate, LLC
List Price
$279,999
Sold Price
$274,000
Premium/Discount to List
-$5,999
-2.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,967
Avg. Annual Appreciation
8.66%
Original Mortgage
$260,300
Outstanding Balance
$230,953
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$224,649
Purchase Details
Listed on
Feb 28, 2019
Closed on
Apr 11, 2019
Sold by
Lisa Samantha Dawn and Dilorio Jared
Bought by
Rich Melburn B and Rich Lauren S
Seller's Agent
Ann Konetes
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Joe Hanselmann
Fathom Realty NC LLC
List Price
$130,000
Sold Price
$135,000
Premium/Discount to List
$5,000
3.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1152.90%
Original Mortgage
$108,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 16, 2003
Sold by
Williams Donald P Cynthia
Bought by
Lamana Gwendolyn
Purchase Details
Closed on
Apr 15, 2002
Sold by
Cunneen William J H Jeanne
Bought by
Williams Donald P Cynthia
Purchase Details
Closed on
Oct 23, 1992
Sold by
Fairways Development Group Inc
Bought by
Cunneen William J H Jeanne
Purchase Details
Closed on
Feb 20, 1992
Sold by
Heritage Federal Sav/Loan
Bought by
Fairways Development Group Inc
Similar Homes in Wilmington, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $274,000 | None Available | |
| Warranty Deed | $135,000 | None Available | |
| Deed | $167,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | $125,000 | -- | |
| Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,300 | New Conventional | |
| Previous Owner | $108,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2019 07/25/19 | Sold | $274,000 | -2.1% | $152 / Sq Ft |
| 07/04/2019 07/04/19 | Pending | -- | -- | -- |
| 05/30/2019 05/30/19 | For Sale | $279,999 | +107.4% | $155 / Sq Ft |
| 04/12/2019 04/12/19 | Sold | $135,000 | +3.8% | $75 / Sq Ft |
| 03/01/2019 03/01/19 | Pending | -- | -- | -- |
| 02/28/2019 02/28/19 | For Sale | $130,000 | -- | $72 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,532 | $279,100 | $90,500 | $188,600 |
| 2022 | $1,540 | $279,100 | $90,500 | $188,600 |
| 2021 | $1,540 | $279,100 | $90,500 | $188,600 |
| 2020 | $1,335 | $211,000 | $42,600 | $168,400 |
| 2019 | $1,335 | $211,000 | $42,600 | $168,400 |
| 2018 | $835 | $211,000 | $42,600 | $168,400 |
| 2017 | $1,366 | $211,000 | $42,600 | $168,400 |
| 2016 | $1,270 | $183,300 | $42,600 | $140,700 |
| 2015 | $1,180 | $183,300 | $42,600 | $140,700 |
| 2014 | $1,160 | $183,300 | $42,600 | $140,700 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2019
Ann Konetes
Coldwell Banker Sea Coast Advantage
-
J
Seller's Agent in 2019
Joe Hanselmann
Coastal ERA
-
J
Buyer's Agent in 2019
Joseph Hanselmann
Wilkinson ERA Real Estate
-
T
Buyer's Agent in 2019
Team Archer
Spot Real Estate, LLC
Map
Source: Hive MLS
MLS Number: 100168060
APN: R08410-001-058-000
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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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