NOT LISTED FOR SALE

5502 Ulloa Place Wilmington, NC 28412

Estimated Value: $459,000 - $521,000

3 Beds
3 Baths
2,123 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $297,500 $140 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,778/month

42 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Heyward C. Bellamy Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of April 2019

Beautifully maintained single family home in Lake Brewster subdivision built in 2008 offers 3 bedrooms & 3 full baths. Covered front entry. Large combination living & dining space open to kitchen with breakfast bar. Features include hardwood flooring and gas fireplace. Bedroom on first floor could be second master. Master suite with walk-in closet, attached bath, and home office upstairs. Third bedroom and large bonus room round out the second floor. Bedrooms each have carpeting. Exterior features include attached garage, fenced backyard with covered patio and solar-heated in-ground swimming pool. Detached structure for storage or use as pool house. Community is close to daily shopping and dining conveniences, downtown Wilmington, area beaches, premiere golf courses, historic attractions.

Last Agent to Sell the Property

Tom Gale

Coldwell Banker Sea Coast Advantage License #242825 Listed on: 02/22/2019

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Wayne Bigg

BlueCoast Realty Corporation License #230700

BlueCoast Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 2008

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67x125x76x112
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Corner Lot
  • Property is zoned R-10

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,123 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

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

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Additional Features

  • Accessible Bathroom
  • Energy-Efficient Doors

Listing and Financial Details

  • Assessor Parcel Number R07609-009-150-000

Community Details

Overview

  • Lake Brewster Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 2008

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: Bathroom
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Gas Logs, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hall
  • List Price per Sq Ft: 138.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 3 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Separate Living Spcs Addl Suite Desc: 1st Floor Mstr Suite
  • Sq Ft Heated: 2123.00
  • Total Heated Primary Separate Sq Ft: 2123.00

Exterior Features

  • Exterior Features: Gas Logs, Storm Doors, Thermal Windows, Thermal Doors, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, See Remarks, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Management, Maint - Roads
  • HOAAssociationFee1Year: 240.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 142.00
  • Lot Acres: 0.20
  • Lot Description: Corner Lot
  • Lot Dimensions: 67x125x76x112
  • Lot Sq Ft: 8712.00
  • Lot Water Features: None
  • Plat Book: 49
  • Plat Page: 135
  • Zoning: R-10

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R07609-009-150-000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 1534.00
  • Total Real Estate Property Taxes: 1534.00

MLS Schools

  • Elementary School #2: Bellamy
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 4, 2019
Sold by
Verner Sylvia H
Bought by
Cole Jonathan D and Cole Catrina L
Seller's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Wayne Bigg
BlueCoast Realty Corporation
List Price
$295,000
Sold Price
$297,500
Premium/Discount to List
$2,500
0.85%
Current Estimated Value
$476,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,548
Avg. Annual Appreciation
7.62%
Original Mortgage
$292,111
Outstanding Balance
$261,563
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$212,626

Purchase Details

Closed on
Sep 1, 2018
Sold by
Verner Robert D
Bought by
Verner Sylvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Verner Robert D and Verner Sylvia H
Bought by
Verner Sylvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2009
Sold by
Southeast Custom Homes Inc
Bought by
Verner Robert D and Verner Sylvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,608
Interest Rate
5.24%
Mortgage Type
VA

Purchase Details

Closed on
Jan 7, 2008
Sold by
Ashley Turner Building Co Inc
Bought by
Southeast Custom Homes Inc
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
Cole Jonathan D $297,500 None Available
Verner Sylvia H -- None Available
Verner Sylvia H -- None Available
Verner Robert D $264,000 None Available
Southeast Custom Homes Inc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Catrina L $14,145
Open Cole Jonathan D $292,111
Previous Owner Verner Sylvia H $230,950
Previous Owner Verner Robert D $30,000
Previous Owner Verner Robert D $253,561
Previous Owner Verner Robert D $272,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $297,500 +0.8% $140 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $295,000 -- $139 / 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 $1,811 $336,900 $60,300 $276,600
2022 $1,824 $336,900 $60,300 $276,600
2021 $1,853 $336,900 $60,300 $276,600
2020 $1,534 $242,500 $45,000 $197,500
2019 $1,534 $242,500 $45,000 $197,500
2018 $1,534 $242,500 $45,000 $197,500
2017 $1,570 $242,500 $45,000 $197,500
2016 $1,602 $231,100 $45,000 $186,100
2015 $1,488 $231,100 $45,000 $186,100
2014 $1,294 $204,500 $45,000 $159,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100151619

Hive MLS

APN: R07609-009-150-000