NOT LISTED FOR SALE

5308 Gerome Place Wilmington, NC 28412

Estimated Value: $323,000 - $359,348

3 Beds
1.5 Baths
1,480 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $165,000 $111 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,965/month

27 Days on Market

Highlights

  • Home fronts a creek
  • Creek or Stream View
  • Mud Room
  • Myrtle Grove Middle School Rated 9+
  • Wooded Lot
  • No HOA

About This Home

As of January 2017

New! New! New! New flooring throughout. New kitchen lighting, cabinets, appliances and granite counter tops. Beautiful newly renovated home with huge private lot and 20x30 detached garage. This is a must see! Will Sell fast! Don't miss out!

Last Agent to Sell the Property

Adam Yager

Yager Properties License #192653 Listed on: 11/23/2016

Last Buyer's Agent

Butch Saunders Team

RE/MAX Essential License #272754

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1971

Lot Details

  • 0.48 Acre Lot
  • Home fronts a creek
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R15

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mud Room
  • Combination Dining and Living Room
  • Workshop
  • Creek or Stream Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Marquis Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07512-004-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 1971

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: 1971
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Workshop, Sprinkler System, Mud Room
  • List Price per Sq Ft: 118.18
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1480.00
  • Total Heated Primary Separate Sq Ft: 1480.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Exterior Structures: Storage, Workshop
  • Fencing: Chain Link, Wood
  • Foundation: Raised, Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Ice Maker, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer Available, Septic On Site, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 570.00
  • Lot Acres: 0.48
  • Lot Description: Wooded
  • Lot Dimensions: Rectangle
  • Lot Sq Ft: 20909.00
  • Plat Book: 1029
  • Plat Page: 0570
  • Zoning: R15
  • Lot View Type: Creek View

Tax Info

  • Tax Identifier: R07512-004-005-000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2016
Closed on
Jan 17, 2017
Sold by
Shorepark Llc
Bought by
Hutsell Kevin Scott
Seller's Agent
Adam Yager
Yager Properties
Buyer's Agent
Butch Saunders Team
RE/MAX Essential
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$343,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,337
Avg. Annual Appreciation
8.31%
Original Mortgage
$165,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 14, 2016
Sold by
Spencer Brenda J
Bought by
Shorepark Llc
Seller's Agent
Adam Yager
Yager Properties
Buyer's Agent
Adam Yager
Yager Properties
List Price
$75,000
Sold Price
$81,000
Premium/Discount to List
$6,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.84%

Purchase Details

Closed on
Apr 1, 1975
Bought by
Spencer Ed E Jr Brenda
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
Hutsell Kevin Scott $165,000 None Available
Shorepark Llc $81,000 None Available
Spencer Ed E Jr Brenda $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutsell Kevin Scott $154,785
Closed Hutsell Kevin Scott $165,000
Previous Owner Spencer Edward E $143,419
Previous Owner Spencer Edward E $101,000
Previous Owner Spencer Edward E $23,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2017 01/25/17 Sold $165,000 -5.7% $111 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
11/23/2016 11/23/16 For Sale $174,900 +115.9% $118 / Sq Ft
07/14/2016 07/14/16 Sold $81,000 +8.0% $57 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $75,000 -- $52 / 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 $1,180 $211,800 $86,500 $125,300
2022 $1,185 $211,800 $86,500 $125,300
2021 $1,172 $211,800 $86,500 $125,300
2020 $815 $128,800 $24,800 $104,000
2019 $815 $128,800 $24,800 $104,000
2018 $815 $128,800 $24,800 $104,000
2017 $834 $128,800 $24,800 $104,000
2016 $447 $128,900 $43,500 $85,400
2015 $415 $128,900 $43,500 $85,400
2014 $408 $128,900 $43,500 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100038240

Hive MLS

APN: R07512-004-005-000