NOT LISTED FOR SALE

402 Governors Rd Wilmington, NC 28411

Estimated Value: $320,000 - $370,242

3 Beds
2 Baths
1,368 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $176,200 $129 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,958/month

4 Days on Market

Highlights

  • Bamboo Flooring
  • No HOA
  • Fenced Yard
  • Emma B. Trask Middle School Rated 9+
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of March 2017

Are you looking for a BRAND NEW home with quality standard features? Ready for an open floor plan perfect for entertaining, garage for storage, and a large wooded lot for privacy? Buyers will appreciate the stainless steel GE appliances, granite counter tops, master suite with walk-in closet, rocking chair front porch and covered back patio. This home is steps from Parkwood Park with playground, basketball courts, ball fields, and picnic areas. Also conveniently located close to Mayfaire shopping, restaurants, and Wrightsville Beach. Buyers who act quickly may be able to make selections for paint colors, flooring, etc. Home completion expected for late February, 2017.

Last Agent to Sell the Property

Kraig Marquis

Keller Williams Innovate-Wilmington License #258999 Listed on: 02/03/2017

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Jennifer Bullock

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 2017

Lot Details

  • 10,395 Sq Ft Lot
  • Lot Dimensions are 77 x 135
  • Fenced Yard
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R03518-004-022-000

Community Details

Overview

  • No Home Owners Association
  • Parkwood Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 2017

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: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Bamboo, See Remarks, Laminate, Carpet
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Wash/Dry Connect, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 126.39
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1368.00
  • Total Heated Primary Separate Sq Ft: 1368.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Picnic Area, Playground

Lot Info

  • Deed Page: 870.00
  • Lot Acres: 0.24
  • Lot Dimensions: 77 x 135
  • Lot Sq Ft: 10395.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R03518-004-022-000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 14, 2017
Sold by
R & R New Homes Llc
Bought by
Zarbock William K
Seller's Agent
Kraig Marquis
Keller Williams Innovate-Wilmington
Buyer's Agent
Jennifer Bullock
RE/MAX Essential
List Price
$172,900
Sold Price
$176,200
Premium/Discount to List
$3,300
1.91%
Current Estimated Value
$351,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,861
Avg. Annual Appreciation
8.34%
Original Mortgage
$173,008
Outstanding Balance
$143,547
Interest Rate
4.19%
Mortgage Type
FHA
Estimated Equity
$207,514

Purchase Details

Closed on
Dec 1, 2016
Sold by
Rollison Scott and Rollison Joyce
Bought by
R & R New Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
3.54%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 21, 2016
Sold by
Walk Property Group Llc
Bought by
Rollison Scott and Rollison Joyce
Seller's Agent
James Bitto
Network Real Estate
Buyer's Agent
Kraig Marquis
Keller Williams Innovate-Wilmington
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.64%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Vann Nathellia
Bought by
Nasser Wais

Purchase Details

Closed on
Dec 1, 1971
Sold by
Vann Tibbett Nathellia K
Bought by
Vann Nathellia K Heirs

Purchase Details

Closed on
May 1, 1961
Bought by
Vann Tibbett
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
Zarbock William K $176,500 None Available
R & R New Homes Llc -- None Available
Rollison Scott $16,000 None Available
Nasser Wais $8,132 None Available
Vann Nathellia K Heirs -- --
Vann Nathellia K -- --
Vann Tibbett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarbock William K $173,008
Previous Owner R & R New Homes Llc $125,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2017 03/20/17 Sold $176,200 +1.9% $129 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $172,900 +980.6% $126 / Sq Ft
07/28/2016 07/28/16 Sold $16,000 -19.6% $12 / Sq Ft View Prior Sale
06/30/2016 06/30/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $19,900 -- $15 / 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 $1,434 $384,400 $113,800 $270,600
2023 $1,434 $260,400 $62,900 $197,500
2022 $1,441 $260,400 $62,900 $197,500
2021 $1,438 $260,400 $62,900 $197,500
2020 $935 $147,800 $32,000 $115,800
2019 $202 $32,000 $32,000 $0
2018 $202 $32,000 $32,000 $0
2017 $207 $32,000 $32,000 $0
2016 $222 $32,000 $32,000 $0
2015 $206 $32,000 $32,000 $0
2014 $203 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100046222

Hive MLS

APN: R03518-004-022-000