NOT LISTED FOR SALE

517 Trace Dr Wilmington, NC 28411

Estimated Value: $634,000 - $893,000

3 Beds
3 Baths
2,176 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $445,000 $205 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,052/month

7 Days on Market

Highlights

  • Water Access
  • 2.42 Acre Lot
  • Vaulted Ceiling
  • Ogden Elementary School Rated A
  • Deck
  • Bonus Room

About This Home

As of December 2020

Come and enjoy the luxurious lifestyle 517 Trace Drive so eagerly boasts. LOCATION! LOCATION! LOCATION! Located in the highly sought after Bayshore estates subdivision, situated on over 2.4 acres of land and within a few miles of desired destinations! Enjoy a neighborhood boat ramp with NO HOA DUES! This thoughtfully crafted home offers 3 bedrooms plus a bonus room, 3 full bathrooms, open floor plan and plenty of storage space. A few stunning details included; trey/coffered ceilings, interior plantation shutters, gracious flow of natural sunlight, beautiful hardwood floors, fire place, mature landscaping, plenty of storage space, and a kitchen that is made to entertain! Indulge in the outstanding conveniences this home provides: reverse osmosis water treatment system, iWave-R air purification system, floored attic, house is wired for generator hookup, irrigation system, 2020 Vivint security system with three cameras (including doorbell) and monitor!

Last Agent to Sell the Property

Jennifer Bullock Team

RE/MAX Executive Listed on: 10/21/2020

Last Buyer's Agent

Shelly Wagner

Wicker Properties of the Carolinas, Inc. License #274086

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 2.42 Acre Lot
  • Irrigation
  • Property is zoned R-15

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room
  • Crawl Space
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Well
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Bayshore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R03620-002-021-000

Home Details

Home Type

Single Family

Year Built

Built in 2016

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: Two
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Security System, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Foyer, Pantry, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 206.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2176.00
  • Total Heated Primary Separate Sq Ft: 2176.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement, Stone
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Screened, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 433.00
  • Lot Acres: 2.42
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 105476.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-15

Tax Info

  • Tax Identifier: R03620-002-021-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 14, 2020
Sold by
Peeler William Madison and Peeler Anna Thompson
Bought by
Barnes Brandon and Barnes Mary
Seller's Agent
Jennifer Bullock Team
RE/MAX Executive
Buyer's Agent
Shelly Wagner
Wicker Properties of the Carolinas, Inc.
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$737,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,140
Avg. Annual Appreciation
10.53%
Original Mortgage
$356,000
Outstanding Balance
$316,946
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$420,194

Purchase Details

Closed on
Apr 3, 2020
Sold by
Peeler William Madison and Peeler Anna Thompson
Bought by
Peeler William Madison and Peeler Anna Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2013
Closed on
Jun 12, 2015
Sold by
Brimm Rebecca B
Bought by
Peeler William Madison and Thompson Anna Marguerite
Seller's Agent
Haven Hodges
Prudential Burroughs & Chapin Realty, Inc
Buyer's Agent
Melissa Snowden
Investments By The Sea, Inc.
List Price
$99,000
Sold Price
$55,000
Premium/Discount to List
-$44,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.83%
Original Mortgage
$250,300
Interest Rate
3.79%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 1, 1987
Sold by
Bayshore Estates Inc
Bought by
Brimm Clive J Rebecca B

Purchase Details

Closed on
May 1, 1961
Bought by
Bayshore Estates Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnes Brandon $445,000 None Available
Peeler William Madison -- None Available
Peeler William Madison $55,000 Lenders Title & Escrow Llc
Brimm Clive J Rebecca B $17,500 --
Bayshore Estates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Brandon $356,000
Previous Owner Peeler William Madison $234,000
Previous Owner Peeler William Madison $250,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2020 12/21/20 Sold $445,000 -1.1% $205 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $450,000 +718.2% $207 / Sq Ft
06/12/2015 06/12/15 Sold $55,000 -44.4% $25 / Sq Ft View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
12/04/2013 12/04/13 For Sale $99,000 -- $45 / 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
2025 $2,410 $617,300 $295,200 $322,100
2023 $2,314 $428,800 $160,200 $268,600
2022 $2,330 $428,800 $160,200 $268,600
2021 $2,360 $428,800 $160,200 $268,600
2020 $1,581 $250,000 $71,500 $178,500
2019 $1,581 $250,000 $71,500 $178,500
2018 $1,581 $250,000 $71,500 $178,500
2017 $1,619 $250,000 $71,500 $178,500
2016 $900 $129,900 $42,500 $87,400
2015 $274 $42,500 $42,500 $0
2014 $269 $42,500 $42,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Bullock Team

    RE/MAX

  • Shelly Wagner

    Buyer's Agent in 2020

    Shelly Wagner

    Wicker Properties of the Carolinas, Inc.

    (910) 686-5588

    79 Total Sales

    Shelly Wagner
    Section Image

  • H

    Seller's Agent in 2015

    Haven Hodges

    Prudential Burroughs & Chapin Realty, Inc

  • M

    Buyer's Agent in 2015

    Melissa Snowden

    Investments By The Sea, Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100242330

Hive MLS

APN: R03620-002-021-000

North Carolina New Hanover County Wilmington 28411

517 Trace Dr, Wilmington, NC

Not Listed for Sale

Detached

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