NOT LISTED FOR SALE

350 Caison Loop Rd SE Winnabow, NC 28479

Estimated Value: $251,000 - $368,000

2 Beds
1 Bath
864 Sq Ft
$386/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $221,500 $256 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,835/month

5 Days on Market

Highlights

  • 8.2 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Wooded Lot
  • No HOA
  • Outdoor Storage

About This Home

As of April 2019

***Highest and Best Offers due by 5PM Friday 3/8*** All offers must be emailed to Mark Smith Co Listing Agent*** Peace, Quiet and Country Living, just 15 minutes from downtown Wilmington. This country cabin sits on the back of 8.2 acres for the ultimate privacy. When you pull into the property, the front half is cleared and the driveway is lined with Pecan trees. This is perfect if you have large animals.Utilities are already in place if you'd like to build on the front half as well. The cabin was moved from the front of the property to the back. The home has a new roof and boasts the original wood flooring from 1938. This property is a must see!

Last Agent to Sell the Property

David Cummings

RE/MAX Essential Listed on: 03/04/2019

Co-Listed By

Mark Smith

RE/MAX Essential

Last Buyer's Agent

Carol Ellington

Salt Water Real Estate LLC License #263240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1938

Lot Details

  • 8.2 Acre Lot
  • Lot Dimensions are 267x1249x52x664x1906
  • Decorative Fence
  • Wooded Lot
  • Property is zoned CO-RR

Parking

  • Unpaved Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Winnabow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11300018

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 231.48
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 864.00
  • Total Heated Primary Separate Sq Ft: 864.00

Exterior Features

  • Exterior Features: Gas Logs
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: Metal/Ornamental
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

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

Lot Info

  • Lot Acres: 8.20
  • Lot Description: Wooded
  • Lot Dimensions: 267x1249x52x664x1906
  • Lot Sq Ft: 357192.00
  • Plat Book: U-35
  • Plat Page: U-35
  • Zoning: CO-RR

Tax Info

  • Tax Identifier: 11300018
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 11, 2019
Sold by
Martinez Willetts Jerel and Martinez Willetts Sera
Bought by
Akstin Wayne C
Seller's Agent
David Cummings
RE/MAX Essential
Buyer's Agent
Carol Ellington
Salt Water Real Estate LLC
List Price
$200,000
Sold Price
$221,500
Premium/Discount to List
$21,500
10.75%
Current Estimated Value
$333,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,817
Avg. Annual Appreciation
6.47%
Original Mortgage
$223,128
Outstanding Balance
$196,564
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$136,753

Purchase Details

Closed on
Sep 1, 2001
Bought by
Willetts Jerel
Source: Public Records

Range of Values:

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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
Akstin Wayne C $240,000 None Available
Willetts Jerel $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akstin Wayne C $223,128
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $221,500 +10.8% $256 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $200,000 -- $231 / 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 $873 $232,710 $91,840 $140,870
2024 $873 $232,710 $91,840 $140,870
2023 $644 $232,710 $91,840 $140,870
2022 $644 $118,790 $80,360 $38,430
2021 $659 $118,790 $80,360 $38,430
2020 $659 $118,790 $80,360 $38,430
2019 $585 $81,540 $80,360 $1,180
2018 $463 $58,940 $57,400 $1,540
2017 $463 $58,940 $57,400 $1,540
2016 $448 $58,940 $57,400 $1,540
2015 $448 $80,020 $57,400 $22,620
2014 $541 $108,772 $86,100 $22,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100153023

Hive MLS

APN: 11300018