NOT LISTED FOR SALE

Estimated Value: $400,429 - $447,000

3 Beds
2.5 Baths
1,340 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $302,275 $226 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,499/month

2 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Thermal Windows
  • No HOA
  • Fenced Yard
  • Patio

About This Home

As of June 2021

Located just off 5th Avenue adjacent to the Brooklyn Arts District sits this modern bungalow built in 2007 This fantastic home features engineered hardwood floors, fresh paint, and location that can't be beat. Stroll to local breweries, pubs, and the brand new North Front Amphitheatre! Walk to class at Cape Fear Community College. This might be the best value in 28401. Primary, vacation or rental home this is the obvious choice for the discerning buyer. Great rental history!

Last Agent to Sell the Property

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202 Listed on: 05/21/2021

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Team KBT Realty

Keller Williams Innovate-KBT

Keller Williams Innovate-KBT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2007

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 39x56
  • Property fronts an alley
  • Fenced Yard
  • Property is zoned HD-R

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Security System

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rankin Place North Subdivision

Listing and Financial Details

  • Tax Lot 511
  • Assessor Parcel Number R04813034008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2007

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: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Security System, Ceiling Fan(s)
  • List Price per Sq Ft: 201.49
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1340.00
  • Total Heated Primary Separate Sq Ft: 1340.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Alley
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 2074.00
  • Lot Acres: 0.05
  • Lot Dimensions: 39x56
  • Lot Number: 511
  • Lot Sq Ft: 2178.00
  • Zoning: HD-R

Tax Info

  • Tax Identifier: R04813034008000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 1500.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 14, 2021
Sold by
Bader Andrew J and Bader Holly A
Bought by
Coastal Home Retreats Llc
Seller's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
Buyer's Agent
Team KBT Realty
Keller Williams Innovate-KBT
List Price
$270,000
Sold Price
$302,275
Premium/Discount to List
$32,275
11.95%
Current Estimated Value
$431,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,082
Avg. Annual Appreciation
9.02%
Original Mortgage
$196,771
Outstanding Balance
$180,080
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$254,014

Purchase Details

Closed on
Jul 23, 2009
Sold by
Preston Cheryl E
Bought by
Bader Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,350
Interest Rate
5.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Cove Neck Holdings Llc
Bought by
Preston Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
9.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
North Carolina Preservation Inc
Bought by
Cove Neck Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 9, 1998
Sold by
Shaw Willie L Jr Marie B
Bought by
N C Preservation Inc

Purchase Details

Closed on
Feb 1, 1930
Bought by
Shaw Willie L Jr Marie 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
Coastal Home Retreats Llc $303,000 None Available
Bader Andrew J $153,000 None Available
Preston Cheryl E $249,000 None Available
Cove Neck Holdings Llc $70,000 None Available
N C Preservation Inc $8,000 --
Shaw Willie L Jr Marie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastal Home Retreats Llc $196,771
Previous Owner Bader Andrew J $45,000
Previous Owner Bader Andrew J $108,300
Previous Owner Bader Andrew J $145,350
Previous Owner Preston Cheryl E $224,100
Previous Owner Cove Neck Holdings Llc $150,000
Previous Owner Cove Neck Holdings Llc $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $302,275 +12.0% $226 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $270,000 -- $201 / 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 $1,791 $274,500 $50,500 $224,000
2022 $1,750 $274,500 $50,500 $224,000
2021 $587 $274,500 $50,500 $224,000
2020 $1,500 $142,400 $27,800 $114,600
2019 $1,500 $142,400 $27,800 $114,600
2018 $1,500 $142,400 $27,800 $114,600
2017 $1,500 $142,400 $27,800 $114,600
2016 $1,881 $169,800 $35,800 $134,000
2015 $1,798 $169,800 $35,800 $134,000
2014 $1,722 $169,800 $35,800 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100272591

Hive MLS

APN: R04813-034-008-000