NOT LISTED FOR SALE

507 Biscayne Dr Wilmington, NC 28411

Estimated Value: $295,000 - $415,000

3 Beds
2 Baths
1,392 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $159,900 $115 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,069/month

15 Days on Market

Highlights

  • Water Access
  • Boat Ramp
  • Screened Patio
  • Ogden Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of June 2019

What an opportunity if you are a handyman or investor wanting to turn a property. Located in sought after community of Bayshore, this 3 bedroom, 2 bath home, with community boat ramp, offers a unique opportunity to let your skills make you a profit or a really awesome place to call home. Obvious work to be done, but nothing that a skilled handyman can't handle. All brick, screened porch, large lot with ample space to park that boat you wanted. Perfect for the family that enjoy water sports ie. Boating, kayaking, jetskiing Easy access to I-140. No city taxes, no HOA, good schools. Come check it out and see if this is a property that will fit your needs. Recent Appraisal in hand for considerably more in value than price listed.

Last Agent to Sell the Property

Diane Brewer

Coastal Properties License #140333 Listed on: 04/22/2019

Last Buyer's Agent

Team Chris Baynes & Assoc.

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1967

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 150 x 173 x 162 x 110
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Water Access
  • Boat Ramp
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Well

Community Details

  • No Home Owners Association
  • Bayshore Estates Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number R03620-005-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,164

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
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Walk-In Closet, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 114.22
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 1392.00
  • Total Heated Primary Separate Sq Ft: 1392.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Screened
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Well Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 450.00
  • Lot Acres: 0.51
  • Lot Dimensions: 150 x 173 x 162 x 110
  • Lot Number: 48
  • Lot Sq Ft: 22216.00
  • Lot Water Features: Boat Ramp, Water Access Comm
  • Plat Book: 7
  • Plat Page: 58
  • Zoning: R-15

Tax Info

  • Tax Identifier: R03620-005-012-000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Plm2 Properties Llc
Bought by
Fitzpatrick James J and Fitzpatrick Cindy L
Current Estimated Value
$354,040

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 5, 2019
Sold by
Moore Christine H and Estate Of Norma Sellars Grabns
Bought by
Plm2 Properties Llc
Seller's Agent
Diane Brewer
Coastal Properties
Buyer's Agent
Team Chris Baynes & Assoc.
Coldwell Banker Sea Coast Advantage
List Price
$159,000
Sold Price
$159,900
Premium/Discount to List
$900
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Nov 12, 1974
Sold by
Harrison Wallace E Alice
Bought by
Grabenstein Norma S

Purchase Details

Closed on
Mar 9, 1973
Sold by
Stevens Raymond Lee Phyllis Moore
Bought by
Harrison Wallace E
Source: Public Records

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Range of Values:

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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
Fitzpatrick James J $195,000 None Available
Plm2 Properties Llc $160,000 None Available
Grabenstein Norma S $4,000 --
Harrison Wallace E $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grabenstein Norma S $73,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $159,900 +0.6% $115 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $159,000 -- $114 / 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 $1,164 $208,600 $101,500 $107,100
2022 $1,168 $208,600 $101,500 $107,100
2021 $636 $114,000 $101,500 $12,500
2020 $681 $107,600 $94,500 $13,100
2019 $1,268 $200,500 $94,500 $106,000
2018 $1,268 $200,500 $94,500 $106,000
2017 $1,298 $200,500 $94,500 $106,000
2016 $1,234 $178,000 $73,500 $104,500
2015 $1,146 $178,000 $73,500 $104,500
2014 $1,127 $178,000 $73,500 $104,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100162833

Hive MLS

APN: R03620-005-012-000