NOT LISTED FOR SALE

525 Governors Rd Wilmington, NC 28411

Estimated Value: $309,000 - $352,000

3 Beds
1.5 Baths
1,378 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $335,000 $243 Per Sq Ft

Current estimated payment $1,821/month

4 Days on Market

Highlights

  • Bonus Room
  • Mud Room
  • Community Basketball Court
  • Emma B. Trask Middle School Rated 9+
  • No HOA
  • Jogging Path

About This Home

As of October 2024

Refreshed 3 bedroom single level brick home in desirable Parkwood Estates just off Gordon Rd. Open floor plan with plenty of room for a table to share meals. Shaker cabinets in the kitchen along with all new stainless appliances including dishwasher, range/oven, & overhead microwave with vent fan. Large family or bonus room off the living & kitchen. New French Oak LVP flooring throughout (Case brand sourced locally from LVP Warehouse). Fresh frosty white (SW 6196 color code) paint throughout. New interior doors. New lighting, ceiling fans, outlets, & switches throughout. New bathroom vanities & comfort height toilets. All hvac ducts were professionally cleaned. HVAC is 5 years old & still under warranty for another year. New vinyl siding on the front little area. New exterior lights. New entry doors. Fully fenced back yard, wooden privacy style, w/ oversized double gate for access to store your boat, RV, trailer, or whatever. Large cement patio off the laundry room. Storage shed. A short bike ride away from the neighborhood Parkwood Park with sports fields, walking/jogging path, basketball court, a covered area with picnic tables & grilling space, & a nice playground. Another bike ride away is Smith Creek Park with a lake & kayak launch, walking/jogging trails, a playground, & a covered area. Easy on/off Hwy 40 is just a few miles away. This location is convenient to everything.

Last Agent to Sell the Property

Team Prestige Homes

eXp Realty License #C14372 Listed on: 08/29/2024

eXp Realty

Co-Listed By

Ed Coulbourn

eXp Realty License #214164

Last Buyer's Agent

Sharon Stout

Coldwell Banker Sea Coast Advantage-CB License #281544

Coldwell Banker Sea Coast Advantage-CB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Open Lot
  • Property is zoned R-10

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mud Room
  • Combination Dining and Living Room
  • Bonus Room
  • Luxury Vinyl Plank Tile Flooring
  • Scuttle Attic Hole
  • Laundry Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R03518-003-025-000

Community Details

Overview

  • No Home Owners Association
  • Parkwood Estates Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Park
  • Jogging Path
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1972

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: 1972
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Security System, Smoke Detectors, Pantry, Mud Room, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 243.11
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 1378.00
  • Total Heated Primary Separate Sq Ft: 1378.00

Exterior Features

  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Exterior Structures: Shed(s), Storage
  • Fencing: Back Yard, Privacy, Wood, Full
  • Foundation: Slab
  • Porch Balcony Deck: Open, Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking R V Boat Spaces: 2.00
  • Parking Driveway: Dirt, Gravel, On Site

Utilities

  • Appliances Equipment: Dishwasher, Range, Microwave - Built-In
  • Cooling System: Central, Heat Pump
  • 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: Barbecue, Park, Trail(s), Street Lights, Playground, Picnic Area, Jogging Path, Basketball Court

Lot Info

  • Deed Page: 699.00
  • Lot Acres: 0.33
  • Lot Description: Open
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 14201.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R03518-003-025-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 919.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 17, 2024
Sold by
Green Acorn Properties Llc
Bought by
Riemer Werner Max and Riemer Russhe B
Seller's Agent
Team Prestige Homes
eXp Realty
Buyer's Agent
Sharon Stout
Coldwell Banker Sea Coast Advantage-CB
List Price
$335,000
Sold Price
$335,000
Views
10
Current Estimated Value
$335,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350
Avg. Annual Appreciation
0.10%
Original Mortgage
$155,000
Outstanding Balance
$153,371
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$181,979

Purchase Details

Closed on
Jun 27, 2024
Sold by
Robinson Fatima X
Bought by
Green Acorn Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2016
Closed on
Apr 8, 2016
Sold by
Burris Sarah
Bought by
Robinson Fatima X
Seller's Agent
Sarah Burris
Intracoastal Realty Corp
Buyer's Agent
Aleisha Nassef
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$126,900
Sold Price
$132,000
Premium/Discount to List
$5,100
4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$132,000
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2002
Sold by
Caudle David R Sub Trustee
Bought by
Burris Sarah

Purchase Details

Closed on
May 15, 1978
Sold by
Ellerby John T Mildred H
Bought by
Murray Richard T Jr Peggy
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
Riemer Werner Max $335,000 Key Title
Green Acorn Properties Llc $201,500 Investors Title
Robinson Fatima X $132,000 None Available
Burris Sarah $59,000 --
Murray Richard T Jr Peggy $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riemer Werner Max $155,000
Previous Owner Green Acorn Properties Llc $259,000
Previous Owner Robinson Fatima X $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $335,000 0.0% $243 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $335,000 +153.8% $243 / Sq Ft
04/07/2016 04/07/16 Sold $132,000 +4.0% $96 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $126,900 0.0% $92 / Sq Ft
03/10/2014 03/10/14 Rented $895 -3.2% --
03/10/2014 03/10/14 Under Contract -- -- --
12/12/2011 12/12/11 For Rent $925 -- --
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 $758 $290,400 $122,700 $167,700
2024 $758 $175,900 $68,500 $107,400
2023 $758 $175,900 $68,500 $107,400
2022 $758 $175,900 $68,500 $107,400
2021 $729 $175,900 $68,500 $107,400
2020 $456 $117,100 $36,000 $81,100
2019 $456 $117,100 $36,000 $81,100
2018 $456 $117,100 $36,000 $81,100
2017 $467 $117,100 $36,000 $81,100
2016 $744 $107,400 $36,000 $71,400
2015 $692 $107,400 $36,000 $71,400
2014 $680 $107,400 $36,000 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100463482

Hive MLS

APN: R03518-003-025-000