NOT LISTED FOR SALE

425 Arbor Way Wilmington, NC 28409

Winter Park Neighborhood

Estimated Value: $463,000 - $482,708

3 Beds
2 Baths
1,870 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $435,000 $233 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,780/month

3 Days on Market

Highlights

  • Wood Flooring
  • Outdoor Kitchen
  • No HOA
  • Roland-Grise Middle School Rated A-
  • 1 Fireplace
  • Covered patio or porch

About This Home

As of October 2022

Solidly built brick house on half acre lot centrally located between Greenville Loop and Oleander Drive, perfect for making your way to the beaches, downtown or shopping. Non HOA neighborhood.Three bedrooms, two full baths and a bonus room. Oak hardwood floors in main living space and bedrooms. Tile in primary and shared bath which has been renovated with large subway tile floor, custom cabinet with soft-close doors and drawers, tile surround tub. Kitchen has 42'' solid cherry cabinets with spice pullout racks and additional storage under raised bar. Refrigerator, microwave and dishwasher all three years or newer. Ceiling fans in all bedrooms and living room. Wood burning fireplace for the rare but occasional cooler evenings..Outside you will find extensive landscaping including Japanese Maples, Dogwood tress, and Azaleas. Centipede sod installed two seasons ago. Front yard irrigation on well. Back yard is stubbed for irrigation. Outdoor covered pergola kitchen featuring built in grill, sink, drawers, and refrigerator. Granite counter top bar will seat six. Room for table and chairs. Firepit with paver base. Fully fenced yard to keep your pets, and children from roaming.Shed for lawn equipment storage, electrical outlet for outdoor generator.Two improvements have been made to property without permits. Previous seller converted garage into living space and current owner, licensed real estate agent, added covered pergola with outdoor kitchen.

Last Agent to Sell the Property

Brenda Bokano

Coldwell Banker Sea Coast Advantage Listed on: 09/15/2022

Last Buyer's Agent

Ashley Stewardson

Berkshire Hathaway HomeServices Carolina Premier Properties License #173600

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1967

Lot Details

  • 0.46 Acre Lot
  • Street terminates at a dead end
  • Fenced Yard
  • Irrigation

Home Design

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

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Covered patio or porch
  • Outdoor Kitchen
  • Outdoor Gas Grill

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Piney Woods Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number R06209-002-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,405

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Entrance Foyer, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 227.27
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 1870.00
  • Total Heated Primary Separate Sq Ft: 1870.00

Exterior Features

  • Exterior Features: Exterior Kitchen, Irrigation System, Gas Grill
  • Exterior Finish: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Built-In Microwave, Dishwasher, Electric Oven, Electric Cooktop, Down Draft, Disposal
  • Cooling System: Central Air
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 933.00
  • Lot Acres: 0.46
  • Lot Description: Dead End
  • Lot Dimensions: irregular
  • Lot Number: 27
  • Lot Sq Ft: 20038.00
  • Lot Water Features: None
  • Plat Book: 8
  • Plat Page: 96
  • Zoning: Residential

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R06209-002-005-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2404.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 12, 2022
Sold by
Bokano Brenda
Bought by
Anderson Peyton Lee and Gorman Keith Hugh
Seller's Agent
Brenda Bokano
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Ashley Stewardson
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Views
10
Current Estimated Value
$466,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,242
Avg. Annual Appreciation
2.99%
Original Mortgage
$348,000
Outstanding Balance
$336,857
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$135,377

Purchase Details

Listed on
Mar 7, 2017
Closed on
Apr 13, 2017
Sold by
Reams Raymond P and Allen Ashley S
Bought by
Bokano Brenda
Seller's Agent
Brittany Allen
Keller Williams Innovate-Wilmington
Buyer's Agent
Brenda Bokano
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$240,000
Sold Price
$233,000
Premium/Discount to List
-$7,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Jul 21, 2008
Sold by
Martin Darlene
Bought by
Reams Raymond P and Allen Ashley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,830
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2006
Sold by
Cooke Sarah A
Bought by
Martin Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1978
Bought by
Cooke Sara A
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
Anderson Peyton Lee $435,000 --
Bokano Brenda $233,000 None Available
Reams Raymond P $237,500 None Available
Martin Darlene $226,000 None Available
Cooke Sara A $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Peyton Lee $348,000
Previous Owner Allen Ashley S $226,874
Previous Owner Reams Raymond P $233,830
Previous Owner Martin Darlene $25,000
Previous Owner Martin Darlene $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $435,000 +2.4% $233 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $425,000 +82.4% $227 / Sq Ft
04/19/2017 04/19/17 Sold $233,000 -2.9% $125 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $240,000 -- $128 / 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 $2,462 $283,000 $85,000 $198,000
2022 $2,405 $282,900 $85,000 $197,900
2021 $2,421 $282,900 $85,000 $197,900
2020 $1,944 $184,500 $55,000 $129,500
2019 $1,867 $169,700 $55,000 $114,700
2018 $0 $169,700 $55,000 $114,700
2017 $1,788 $169,700 $55,000 $114,700
2016 $1,713 $154,600 $55,000 $99,600
2015 $1,637 $154,600 $55,000 $99,600
2014 $1,568 $154,600 $55,000 $99,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brenda Bokano

    Coldwell Banker Sea Coast Advantage

  • A

    Buyer's Agent in 2022

    Ashley Stewardson

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 515-6705

    1 in this area

    64 Total Sales

    Section Image
  • Brittany Allen

    Seller's Agent in 2017

    Brittany Allen

    Keller Williams Innovate-Wilmington

    (910) 352-4012

    1 in this area

    339 Total Sales

    Section Image
  • Jonathan Swanson

    Seller Co-Listing Agent in 2017

    Jonathan Swanson

    Sea Gate Realty, Inc.

    (910) 538-7737

    60 Total Sales

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Map

Source: Hive MLS

MLS Number: 100349468

Hive MLS

APN: R06209-002-005-000

North Carolina New Hanover County Wilmington 28409 Winter Park

425 Arbor Way, Wilmington, NC

This home is located at 425 Arbor Way, Wilmington, NC 28409 since 15 September 2022 and is currently estimated at $473,177, approximately $253 per square foot. This property was built in 1967. 425 Arbor Way is a home located in New Hanover County with nearby schools including Winter Park Model Elementary School, Roland-Grise Middle School, and John T. Hoggard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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