NOT LISTED FOR SALE

5402 Gerome Place Wilmington, NC 28412

Estimated Value: $322,000 - $341,000

3 Beds
2 Baths
1,218 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $300,000 $246 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,940/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Fenced Yard
  • Resident Manager or Management On Site
  • Covered Patio or Porch
  • Walk-In Closet
  • Central Air

About This Home

As of December 2022

Charming 3BR 2BA home in the subdivision of Brewster Place located just minutes from Carolina Beach and Downtown Wilmington. ready for its new owners. This home features vaulted ceilings, walk in closet, plus a fully fenced in yard perfect for entertaining. New architectural shingle roof was put on in 2020. This won't last long!

Last Agent to Sell the Property

Aspyre Realty Group

Coldwell Banker Sea Coast Advantage Listed on: 11/08/2022

Last Buyer's Agent

Lanier Property Group

Intracoastal Realty Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 2006

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 52x123x77x124
  • Fenced Yard
  • Wood Fence

HOA Fees

  • $22 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Williams Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 191
  • Assessor Parcel Number R07600-006-222-000

Community Details

Overview

  • Brewster Place Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 2006

Lot Details

0

HOA Fees

$22 per month

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: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Ceiling - Vaulted, Walk-In Closet
  • List Price per Sq Ft: 246.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1218.00
  • Total Heated Primary Separate Sq Ft: 1218.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Concrete

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Management
  • HOAAssociationFee1Year: 260.00

Lot Info

  • Deed Page: 850.00
  • Lot Acres: 0.18
  • Lot Dimensions: 52x123x77x124
  • Lot Number: 191
  • Lot Sq Ft: 8059.00
  • Zoning: R

Tax Info

  • Tax Identifier: R07600-006-222-000
  • Tax Year: 2022

MLS Schools

  • Elementary School: Williams
  • High School: Ashley
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 7, 2022
Sold by
Cheers April M and Cheers Jodie
Bought by
Bruce Michael A and Bruce Sandra L
Seller's Agent
Aspyre Realty Group
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Lanier Property Group
Intracoastal Realty Corp.
List Price
$300,000
Sold Price
$300,000
Views
12
Current Estimated Value
$333,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,680
Avg. Annual Appreciation
2.87%
Original Mortgage
$200,000
Outstanding Balance
$195,103
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$128,744

Purchase Details

Listed on
Aug 22, 2019
Closed on
Oct 15, 2019
Sold by
Plata Aldegundo and Plata Fabiola B
Bought by
Cheers April M
Seller's Agent
Brittany Allen
Keller Williams Innovate-Wilmington
Buyer's Agent
Team KBT Realty
Keller Williams Innovate-KBT
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$150,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2007
Sold by
Tft & Co Inc
Bought by
Plata Aldegundo and Plata Fabiola B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Saturn Development Corp
Bought by
Tft & Co Inc

Purchase Details

Closed on
Sep 12, 1995
Sold by
Batts Estelle Heirs
Bought by
Saturn Development Corp
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
Bruce Michael A $300,000 --
Cheers April M $200,000 None Available
Plata Aldegundo $185,000 None Available
Tft & Co Inc $217,000 --
Saturn Development Corp $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Michael A $200,000
Previous Owner Cheers April M $11,800
Previous Owner Cheers April M $150,000
Previous Owner Plata Aldegundo $185,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $300,000 0.0% $246 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $300,000 +50.0% $246 / Sq Ft
10/22/2019 10/22/19 Sold $200,000 0.0% $163 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $200,000 -- $163 / 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 $1,198 $216,400 $59,300 $157,100
2022 $1,209 $216,400 $59,300 $157,100
2021 $1,197 $216,400 $59,300 $157,100
2020 $944 $149,200 $40,000 $109,200
2019 $944 $149,200 $40,000 $109,200
2018 $944 $149,200 $40,000 $109,200
2017 $966 $149,200 $40,000 $109,200
2016 $913 $131,700 $40,000 $91,700
2015 $848 $131,700 $40,000 $91,700
2014 $834 $131,700 $40,000 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100357315

Hive MLS

APN: R07600-006-222-000