NOT LISTED FOR SALE

5037 College Acres Dr Wilmington, NC 28403

College Acres-Hillsdale Neighborhood

Estimated Value: $510,000 - $541,000

4 Beds
2.5 Baths
2,434 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $327,000 $134 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,012/month

253 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Covered Patio or Porch
  • M.C.S. Noble Middle School Rated A-
  • No HOA
  • Entrance Foyer

About This Home

As of February 2021

Looking for a single family home or investment property? This well-maintained four bedroom, three bath home is a great choice. This 2,433 square foot residence sits on an elevated, well-landscaped setting that consists of over half an acre. The natural light flows throughout the open floor plan. There is great connectivity from the living space to the outdoor living areas. The layout of the home also lends itself to setting up a private office with its own entrance. You can have work and live under one roof, but still close the door on work everyday!! Located conveniently near UNCW, shopping, the beach, downtown and so much more.

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 04/17/2020

Intracoastal Realty Corp

Last Buyer's Agent

Jennifer Farmer

Coldwell Banker Sea Coast Advantage License #243992

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1965

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 100 x 200 x 134 x 203
  • Corner Lot
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • College Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05017-014-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,218

Year Built

Built in 1965

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: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Laminate
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Foyer, Pantry, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 139.65
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 2434.00
  • Total Heated Primary Separate Sq Ft: 2434.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 6.00
  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Dryer, 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 Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1037.00
  • Lot Acres: 0.54
  • Lot Description: Corner Lot
  • Lot Dimensions: 100 x 200 x 134 x 203
  • Lot Sq Ft: 23522.00
  • Lot Water Features: None
  • Zoning: R-15

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R05017-014-008-000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 2218.00
  • Total Real Estate Property Taxes: 2218.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Feb 5, 2021
Sold by
Barbee James Laster and Barbee Nancy Moore
Bought by
Hart Regionald Allen and Hart Narchelle Lynette
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
List Price
$349,000
Sold Price
$327,000
Premium/Discount to List
-$22,000
-6.3%
Current Estimated Value
$520,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,547
Avg. Annual Appreciation
10.98%
Original Mortgage
$321,077
Outstanding Balance
$289,969
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$237,067

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 10, 2017
Sold by
Clapp Sharon Carraway and Clapp Timothy
Bought by
Barbee James Lester and Barbee Nancy Moore
Seller's Agent
Stephanie Lanier
The Lanier Property Group Inc.
Buyer's Agent
Jeff Hovis
Intracoastal Realty Corp
List Price
$239,500
Sold Price
$239,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$191,600
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2001
Bought by
Carraway John A Jean B
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
Hart Regionald Allen $327,000 None Available
Barbee James Lester $239,500 None Available
Carraway John A Jean B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Regionald Allen $78,200
Open Hart Regionald Allen $321,077
Previous Owner Barbee James Lester $191,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $327,000 -3.8% $134 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
11/05/2020 11/05/20 Price Changed $339,900 -2.6% $140 / Sq Ft
04/17/2020 04/17/20 For Sale $349,000 +45.7% $143 / Sq Ft
04/24/2017 04/24/17 Sold $239,500 0.0% $99 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $239,500 -- $99 / 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 $2,380 $273,600 $111,100 $162,500
2022 $2,326 $273,600 $111,100 $162,500
2021 $2,341 $273,600 $111,100 $162,500
2020 $2,218 $210,600 $57,600 $153,000
2019 $2,218 $210,600 $57,600 $153,000
2018 $2,218 $210,600 $57,600 $153,000
2017 $2,218 $210,600 $57,600 $153,000
2016 $2,133 $192,500 $57,600 $134,900
2015 $2,039 $192,500 $57,600 $134,900
2014 $1,952 $192,500 $57,600 $134,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hovis

    Seller's Agent in 2021

    Jeff Hovis

    Intracoastal Realty Corp

    (910) 256-4503

    2 in this area

    263 Total Sales

    Jeff Hovis
    Section Image
  • Jennifer Farmer

    Buyer's Agent in 2021

    Jennifer Farmer

    Coldwell Banker Sea Coast Advantage

    (910) 297-9811

    2 in this area

    146 Total Sales

    Jennifer Farmer
    Section Image

  • S

    Seller's Agent in 2017

    Stephanie Lanier

    The Lanier Property Group Inc.

  • L

    Seller Co-Listing Agent in 2017

    Lisa Sahlie

    The Lanier Property Group Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100213799

Hive MLS

APN: R05017-014-008-000

North Carolina New Hanover County Wilmington 28403 College Acres-Hillsdale

5037 College Acres Dr, Wilmington, NC

This home is located at 5037 College Acres Dr, Wilmington, NC 28403 since 17 April 2020 and is currently estimated at $520,547, approximately $213 per square foot. This property was built in 1965. 5037 College Acres Dr is a home located in New Hanover County with nearby schools including College Park Elementary School, M.C.S. Noble Middle School, and New Hanover 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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