NOT LISTED FOR SALE

312 Raye Dr Wilmington, NC 28412

Estimated Value: $339,000 - $354,625

3 Beds
2 Baths
1,225 Sq Ft
$284/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $230,000 $188 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,028/month

38 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Workshop
  • 1 Fireplace
  • Covered patio or porch
  • Separate Outdoor Workshop

About This Home

As of January 2021

Hard to find 3 Bed, 2 Bath all brick home on almost 1/2 acre with no HOA. This home is centrally located and within minutes of the beach, shopping, dining, and downtown. Features include covered patio, 2 car garage, security system, all new vinyl plank flooring, and workshop/storage building. New roof in 2019. This gem is located in a quiet setting and is move-in ready!

Last Agent to Sell the Property

Darren Anderson

Atlantic Coast Realty, LLC Listed on: 11/07/2020

Last Buyer's Agent

Lanier Property Group

Intracoastal Realty Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 150 x 130
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Silver Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07020-008-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,255

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Laminate, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Security System, Workshop, Smoke Detectors, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Closet, Hookup - Washer, Hookup - Dryer, Hall
  • List Price per Sq Ft: 200.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1225.00
  • Total Heated Primary Separate Sq Ft: 1225.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Brick
  • Exterior Structures: Storage, Workshop
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Public (City/Cty/St), Unpaved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Well Water, Sewer Connected
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 474.00
  • Lot Acres: 0.46
  • Lot Dimensions: 150 x 130
  • Lot Sq Ft: 20038.00
  • Plat Book: 6
  • Plat Page: 74
  • Zoning: R-15

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R07020-008-004-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Jan 13, 2021
Sold by
Sells Donnie W
Bought by
Gilbert Michael and Gilbert Cynthia
Seller's Agent
Darren Anderson
Atlantic Coast Realty, LLC
Buyer's Agent
Lanier Property Group
Intracoastal Realty Corp.
List Price
$258,000
Sold Price
$230,000
Premium/Discount to List
-$28,000
-10.85%
Current Estimated Value
$351,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,195
Avg. Annual Appreciation
8.83%
Original Mortgage
$184,000
Outstanding Balance
$166,090
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$172,514

Purchase Details

Closed on
Jan 1, 2001
Bought by
Hackett Rebecca

Purchase Details

Closed on
Jul 5, 2000
Sold by
Hill & Williams Construction
Bought by
Sells Donnie W

Purchase Details

Closed on
Jan 7, 1999
Sold by
Hill & Williams Construction
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Apr 7, 1997
Sold by
Faulk James L Sr Glenda Gail
Bought by
Hill & Williams Construction

Purchase Details

Closed on
Dec 17, 1993
Sold by
Faulk James L Jr Kimberly
Bought by
Faulk James L Sr Glenda J

Purchase Details

Closed on
Apr 1, 1988
Sold by
Knobeloch Rebecca H John H
Bought by
Faulk James L Jr Kimberly
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
Gilbert Michael $230,000 None Available
Hackett Rebecca -- --
Sells Donnie W $103,000 --
New Han Cnty Water/Sewer -- --
Hill & Williams Construction $50,000 --
Faulk James L Sr Glenda J -- --
Faulk James L Jr Kimberly $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Michael $184,000
Previous Owner Sells Donnie W $39,919
Previous Owner Sells Donnie W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $230,000 -10.9% $188 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $258,000 -- $211 / 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 $1,255 $226,100 $69,900 $156,200
2022 $1,260 $226,100 $69,900 $156,200
2021 $1,244 $225,100 $69,900 $155,200
2020 $936 $148,000 $47,700 $100,300
2019 $936 $148,000 $47,700 $100,300
2018 $936 $148,000 $47,700 $100,300
2017 $958 $148,000 $47,700 $100,300
2016 $957 $138,100 $47,700 $90,400
2015 $889 $138,100 $47,700 $90,400
2014 $874 $138,100 $47,700 $90,400
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100244729

Hive MLS

APN: R07020-008-004-000