NOT LISTED FOR SALE

5005 Out Island Dr Wilmington, NC 28409

Estimated Value: $539,808 - $587,000

4 Beds
2 Baths
2,424 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $405,000 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,226/month

2 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Bonus Room
  • Tray Ceiling

About This Home

As of July 2021

Beautiful one-story brick home in desirable neighborhood located outside city limit. 3 bedrooms on main floor and FROG can be used as the 4th bedroom, 2 full baths, formal dining, eat in kitchen and gas fireplace in the living room. Wood floors in main living areas, tiled bathrooms and carpeted bedrooms all with ample closet space. Appliances including washer/dryer and refrigerator will remain. Original homeowners have maintained home both visually and functionally with new heat/AC unit in 2020, new roof in 2010, new deck in 2019. Large irrigated lot with fencing in backyard for privacy to enjoy the park like setting.

Last Agent to Sell the Property

Dawn Grants

Coldwell Banker Sea Coast Advantage License #329226 Listed on: 06/15/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Gwen Hawlay

Intracoastal Realty Corp License #77787

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1996

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 89 x 204 x 104 x 177
  • Wood Fence
  • Sprinkler System
  • Property is zoned R-15

HOA Fees

  • $29 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 207
  • Assessor Parcel Number R07115-011-006-000

Community Details

Overview

  • Crosswinds Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,845

Year Built

Built in 1996

Lot Details

0

HOA Fees

$29 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: 2.0
  • Stories Levels: One and One Half
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Foyer, Walk-in Shower, Sprinkler System, Smoke Detectors, Pantry, Gas Logs, Ceiling - Trey, Blinds/Shades
  • List Price per Sq Ft: 152.64
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2424.00
  • Total Heated Primary Separate Sq Ft: 2424.00

Exterior Features

  • Exterior Features: Gas Logs, Irrigation System
  • Exterior Finish: Brick
  • Fencing: Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Management
  • HOAAssociationFee1Year: 350.00

Lot Info

  • Deed Page: 98.00
  • Lot Acres: 0.42
  • Lot Dimensions: 89 x 204 x 104 x 177
  • Lot Number: 207
  • Lot Sq Ft: 18442.00
  • Lot Water Features: None
  • Zoning: R-15

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R07115-011-006-000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 7, 2021
Sold by
Rogers Roger M and Rogers Julia A
Bought by
Holderman Daniel D and Holderman Mary J
Seller's Agent
Dawn Grants
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Gwen Hawlay
Intracoastal Realty Corp
List Price
$370,000
Sold Price
$405,000
Premium/Discount to List
$35,000
9.46%
Current Estimated Value
$559,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,452
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Jul 8, 1996
Sold by
C R Howell Building Inc
Bought by
Rogers Roger M Julia A

Purchase Details

Closed on
Aug 18, 1995
Sold by
B & D Development Corp
Bought by
C R Howell Building Inc

Purchase Details

Closed on
May 1, 1986
Sold by
Corbett Kathleen B
Bought by
B & D Development Corp

Purchase Details

Closed on
Sep 1, 1985
Sold by
Hidden Valley Corp Of Wilm
Bought by
B & D Development Corp
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
Holderman Daniel D $405,000 None Available
Rogers Roger M Julia A $203,000 --
C R Howell Building Inc $34,000 --
B & D Development Corp $251,000 --
B & D Development Corp $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nine Lives Llc $110,000
Previous Owner Rogers Roger Melvin $47,200
Previous Owner Rogers Roger Melvin $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $405,000 +9.5% $167 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $370,000 -- $153 / 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 $1,845 $339,000 $74,900 $264,100
2022 $1,392 $339,000 $74,900 $264,100
2021 $467 $339,000 $74,900 $264,100
2020 $1,688 $266,800 $75,000 $191,800
2019 $1,688 $266,800 $75,000 $191,800
2018 $1,688 $266,800 $75,000 $191,800
2017 $1,728 $266,800 $75,000 $191,800
2016 $1,737 $250,600 $75,000 $175,600
2015 $1,614 $250,600 $75,000 $175,600
2014 $1,586 $250,600 $75,000 $175,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100276533

Hive MLS

APN: R07115-011-006-000