NOT LISTED FOR SALE

3901 River Front Place Unit 201 Wilmington, NC 28412

Echo Farms-Rivers Edge Neighborhood

Estimated Value: $257,000 - $271,000

2 Beds
2 Baths
1,412 Sq Ft
2005 Built

Last Sold May 31, 2019

Last sale price $153,000 $108 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,526/month

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Screened Patio
  • Deck
  • Balcony
  • Walk-In Closet

About This Home

As of July 2020

Beautiful setting for this large 1500 Sq. Ft. 2 bedroom 2 bath condo. Walk in closets in both bedrooms. Large walk in laundry and pantry. Large baths. New floors, tile, paint, tank-less water heater & appliances. Includes water, trash, sewer & gas. Community Pool. Close to shopping, beaches and Downtown.

Last Agent to Rent the Property

Debi Byrd

Coldwell Banker Sea Coast Advantage Listed on: 07/08/2020

Last Renter's Agent

Debi Byrd

Coldwell Banker Sea Coast Advantage License #204132

Coldwell Banker Sea Coast Advantage

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,518

Year Built

  • Built in 2005

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Screened Patio

Schools

  • Williams Elementary School
  • Myrtle Grove Middle School
  • New Hanover High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water

Listing and Financial Details

  • Tenant pays for cable TV, cooling, deposit, electricity, heating
  • The owner pays for gas, sewer, trash removal, water
  • No Smoking Allowed
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Rivers Edge Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,518

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Pets: Yes
  • Owner Pays: Gas, Sewer, Trash Removal, Water
  • Lease Terms: 1 Year Lease, Year-to-Year
  • Tenant Pays: Cable TV, Cooling, Deposit, Electricity, Heating
  • Leased Price Sq Ft: 1.08
  • Lease Price per Sq Ft: 1.08
  • Pet Deposit: Yes
  • Pet Deposit Refundable: No
  • Pet Fees: Yes
  • Security Deposit: Yes
  • Smoking: No

Listing Details

  • Property Type: D
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Gas Logs, Pantry, Smoke Detectors, Walk-In Closet
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1412.00
  • Heated and Separate Living Space Sq Ft: 1412.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Porch Balcony Deck: Balcony, Deck, Screened
  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: No
  • Pool Spa: In Ground

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Ext Bldg, Maint - Grounds, Mgmt Fee, Pool-Community, Sewer, Street Lights, Termite Bond, Trash Removal, Water

Schools

  • School District: New Hanover
  • Elementary School: Williams
  • Middle School: Myrtle Grove
  • High School: New Hanover

MLS Schools

  • Elementary School: Williams
  • High School: New Hanover
  • Middle School: Myrtle Grove
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
May 30, 2019
Sold by
Pate Terry R
Bought by
Lee Nicholas W and Lee Terra G
Seller's Agent
Moran Real Estat Team
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Debi Byrd
Coldwell Banker Sea Coast Advantage
List Price
$162,000
Sold Price
$153,000
Premium/Discount to List
-$9,000
-5.56%
Current Estimated Value
$264,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,868
Avg. Annual Appreciation
9.54%
Original Mortgage
$122,400
Outstanding Balance
$108,252
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$163,871

Purchase Details

Listed on
Nov 19, 2014
Closed on
Mar 26, 2015
Sold by
Pesackis John P and Pesackis Carolyn E
Bought by
Pate Terry R
Seller's Agent
Shane Register
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$121,900
Sold Price
$120,000
Premium/Discount to List
-$1,900
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$114,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Breezewood Of Wilmington Inc
Bought by
Marshes At Rivers Edge Llc The
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
Lee Nicholas W $153,000 None Available
Pate Terry R $120,000 None Available
Marshes At Rivers Edge Llc The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Nicholas W $122,400
Previous Owner Pate Terry R $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Rented $1,525 0.0% --
07/08/2020 07/08/20 For Rent $1,525 0.0% --
05/31/2019 05/31/19 Sold $153,000 -5.6% $108 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
02/03/2019 02/03/19 For Sale $162,000 +35.0% $115 / Sq Ft
03/31/2015 03/31/15 Sold $120,000 -1.6% $82 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $121,900 -- $83 / 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 $1,518 $174,500 $0 $174,500
2022 $1,483 $174,500 $0 $174,500
2021 $1,493 $174,500 $0 $174,500
2020 $1,285 $122,000 $0 $122,000
2019 $1,285 $122,000 $0 $122,000
2018 $1,285 $122,000 $0 $122,000
2017 $1,285 $122,000 $0 $122,000
2016 $1,351 $121,900 $0 $121,900
2015 $1,291 $121,900 $0 $121,900
2014 $1,236 $121,900 $0 $121,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100225885

Hive MLS

APN: R07010-001-007-101