$425,000
SOLD MAR 25, 2025

550 Grande Manor Ct Unit 205 Wilmington, NC 28405

Mayfaire Neighborhood
2 Beds
2 Baths
1,250 Sq Ft
$529/mo HOA Fee

Recently Sold

$340 Per Sq Ft

8% Below List Price

64 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Game Room
  • M.C.S. Noble Middle School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of March 2025

Elevate Your Coastal Lifestyle in Luxurious Comfort!** Welcome to your dream home at The Village at Mayfaire, where every detail is designed for those who cherish an active yet elegant lifestyle. This stunning 2nd level unit offers a perfect blend of tranquility and sophistication, overlooking a pond and green spaces. Enjoy your private covered patio, ideal for morning coffee or evening relaxation. This open plan unit has been freshly painted and new LVP flooring though out living areas and bedrooms. Located less than 3 miles from the beach and just a short half-mile stroll to Mayfaire Town Center--Wilmington's premier shopping destination with over 90 shops, restaurants, and a movie complex--this home is perfectly situated for both relaxation and recreation. The Village at Mayfaire offers unparalleled amenities, including a state-of-the-art clubhouse, cabana area, picnic area, billiard room, meeting room, fitness center, resort-style pool, tennis courts, a 25-seat movie room, pickle ball, hot tub/spa, a dog park, grill pavilion, and a car care station. Don't miss your chance to own this exceptional property in one of the most sought-after communities. Experience luxury coastal living at its finest--schedule your private tour today!

Last Agent to Sell the Property

Allyson Pittman

BlueCoast Realty Corporation License #209974 Listed on: 01/01/2025

Last Buyer's Agent

Brett Knowles

Coldwell Banker Sea Coast Advantage License #173727

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $529 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Game Room

Bedrooms and Bathrooms

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

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 1 Car Detached Garage
  • Lighted Parking
  • Driveway
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

  • Blair Elementary School
  • Noble Middle School
  • New Hanover High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Connected
  • Co-Op Water

Listing and Financial Details

  • Assessor Parcel Number R05000-003-122-197

Community Details

Overview

  • Master Insurance
  • Cams Association, Phone Number (910) 256-2021
  • The Village At Mayfaire Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Dog Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,533

Year Built

Built in 2005

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Walk-In Closet, Sprinkler System, Smoke Detectors, Pantry, Foyer, Ceiling Fan(s), 9Ft+ Ceilings
  • List Price per Sq Ft: 352.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Living Room Level: First
  • Sq Ft Heated: 1250.00
  • Total Heated Primary Separate Sq Ft: 1250.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Additional Parking, Paved, Lighted, Detached, Concrete, Assigned

Utilities

  • Cooling System: Heat Pump
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Water Connected, Sewer Connected, Natural Gas Connected, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Barbecue, Sidewalk, Water, Trash, Termite Bond, Tennis Court(s), Taxes, Street Lights, Spa/Hot Tub, Pest Control, Sewer, Picnic Area, Maint - Comm Areas, Meeting Room, Master Insure, Management, Maint - Roads, Maint - Grounds, Community Pool, Game Room, Fitness Center, Elevator(s), Dog Park, Clubhouse, Cabana, Billiard Room
  • HOAAssociationFee1Year: 6348.00
  • HOAAssociationName: Cams
  • HOAAssociationPhone: 9102562021

Lot Info

  • Deed Page: 1508.00
  • Plat Book: 16
  • Plat Page: 219
  • Zoning: MX

Tax Info

  • Tax Identifier: R05000-003-122-197
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 2533.44

MLS Schools

  • Elementary School: Blair
  • High School: New Hanover
  • Middle School: Noble

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Mar 19, 2025
Sold by
Dorroll Olivia and Davis Olivia
Bought by
Crenshaw James Robert and Crenshaw Susan
Seller's Agent
Allyson Pittman
BlueCoast Realty Corporation
Buyer's Agent
Brett Knowles
Coldwell Banker Sea Coast Advantage
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%
Views
53
Current Estimated Value
$436,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,292
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Williams John R
Bought by
Dorroll Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Riffle Jessica L
Bought by
Williams John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed $425,000 None Listed On Document
Warranty Deed $250,000 None Available
Warranty Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $425,000 -3.4% $340 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $440,000 -3.3% $352 / Sq Ft
01/15/2025 01/15/25 Price Changed $455,000 -1.1% $364 / Sq Ft
01/01/2025 01/01/25 For Sale $460,000 -- $368 / 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
2024 $2,533 $291,200 $0 $291,200
2023 $2,461 $291,200 $0 $291,200
2022 $2,475 $291,200 $0 $291,200
2021 $2,492 $291,200 $0 $291,200
2020 $2,450 $232,600 $0 $232,600
2019 $2,450 $232,600 $0 $232,600
2018 $2,450 $232,600 $0 $232,600
2017 $2,450 $232,600 $0 $232,600
2016 $2,382 $215,000 $0 $215,000
2015 $2,277 $215,000 $0 $215,000
2014 -- $215,000 $0 $215,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100481615

Hive MLS

APN: R05000-003-122-197