NOT LISTED FOR SALE

350 Hanover Lakes Dr Wilmington, NC 28401

Estimated Value: $481,917 - $560,000

3 Beds
2.5 Baths
1,925 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $445,000 $231 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,004/month

3 Days on Market

Highlights

  • Clubhouse
  • Solid Surface Countertops
  • Home Office
  • Vaulted Ceiling
  • Community Pool
  • Covered Patio or Porch

About This Home

As of July 2022

Welcome to Hanover Lakes, a quaint community of craftsman style cottages and manor homes situated just minutes from all that Wilmington's downtown riverfront has to offer. Easy access to I-40, I-140, ILM International, and MLK Pkwy make Hanover Lakes a community of convenience, yet feels far away from it all. The community pool, pavilion, dog park, picnic areas, fire pit and dock with gazebo overlooking the lake with fountain make this resort like setting perfect for a staycation. 350 Hanover Lakes provides over 1900sf of open concept living with 3 bedrooms, 2.5 baths, plus an office, all on one level. Office features a coffered ceiling while living room utilizes a tray ceiling. Large kitchen island and breakfast nook give plenty of space for casual dining. Master shower has been updated to tiled surround, with new owner having the option of adding glass slider or swinging door. Covered front and back porches offer shaded space to enjoy the outdoors or entertain friends and family. All appliances, including grill will convey.

Last Agent to Sell the Property

Joel Sheesley

Coldwell Banker Sea Coast Advantage License #264373 Listed on: 06/03/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

James Chisum

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,703

Year Built

  • Built in 2016

Lot Details

  • 7,667 Sq Ft Lot
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,925 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04100-001-040-000

Community Details

Overview

  • Hanover Lakes Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,703

Year Built

Built in 2016

Lot Details

0

HOA Fees

$100 per month

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: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Kitchen Island, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 220.73
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Breakfast Nook Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Other Level: Main
  • Sq Ft Heated: 1925.00
  • Total Heated Primary Separate Sq Ft: 1925.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Wood
  • Foundation: Raised, Slab
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Picnic Area, Trash, Taxes, Street Lights, Sidewalk, Playground, Maint - Comm Areas, Management, Maint - Roads, Community Pool
  • HOAAssociationFee1Year: 1200.00

Lot Info

  • Deed Page: 2692.00
  • Lot Acres: 0.18
  • Lot Dimensions: Approx 60x130 (No survey)
  • Lot Sq Ft: 7667.00
  • Lot Water Features: None
  • Plat Book: 62
  • Plat Page: 318
  • Special Assessments: None known
  • Zoning: R-15

Tax Info

  • Tax Identifier: R04100-001-040-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1702.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 11, 2022
Sold by
Tyler Thorpe Jack and Tyler Alexandra
Bought by
Hegarty Lisa Neill
Seller's Agent
Joel Sheesley
Coldwell Banker Sea Coast Advantage
Buyer's Agent
James Chisum
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$424,900
Sold Price
$445,000
Premium/Discount to List
$20,100
4.73%
Current Estimated Value
$508,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,229
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Nov 12, 2020
Closed on
Mar 10, 2021
Sold by
Sanders Adam B and Sanders Kyla
Bought by
Thorpe Jack Tyler
Seller's Agent
Chris Crumpler
Keller Williams Realty Platinum - Garner-Clayton
Buyer's Agent
Joel Sheesley
Coldwell Banker Sea Coast Advantage
List Price
$359,000
Sold Price
$335,000
Premium/Discount to List
-$24,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%
Original Mortgage
$268,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2016
Closed on
Aug 10, 2017
Sold by
Bill Clark Homes Of Wilmington Llc
Bought by
Sanders Adam B and Sanders Kyla
Seller's Agent
Robin Campbell
Clark Family Realty
Buyer's Agent
Christina Block
Coldwell Banker Sea Coast Advantage-Hampstead
List Price
$278,225
Sold Price
$273,100
Premium/Discount to List
-$5,125
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$259,445
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Hegarty Lisa Neill $445,000 None Listed On Document
Thorpe Jack Tyler $335,000 None Available
Sanders Adam B $273,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorpe Jack Tyler $268,000
Previous Owner Sanders Adam B $259,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $445,000 +4.7% $231 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $424,900 +26.8% $221 / Sq Ft
03/10/2021 03/10/21 Sold $335,000 -6.7% $174 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $359,000 +31.5% $186 / Sq Ft
08/21/2017 08/21/17 Sold $273,100 -1.8% $144 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
09/30/2016 09/30/16 For Sale $278,225 -- $147 / 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 $1,676 $311,000 $58,700 $252,300
2022 $1,687 $311,000 $58,700 $252,300
2021 $1,711 $311,000 $58,700 $252,300
2020 $1,515 $239,600 $40,000 $199,600
2019 $1,515 $239,600 $40,000 $199,600
2018 $1,515 $239,600 $40,000 $199,600
2017 $0 $78,100 $40,000 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100331596

Hive MLS

APN: R04100-001-040-000