NOT LISTED FOR SALE

582 Steele Loop Wilmington, NC 28411

Estimated Value: $520,000 - $564,000

6 Beds
3.5 Baths
3,367 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $502,000 $149 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,607/month

1 Day on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Porters Neck Elementary School Rated A-
  • Mud Room
  • Fenced Yard

About This Home

As of October 2022

Welcome home to this move in ready gorgeous 6 bedroom home in the popular community of Reserve at West Bay! This home shows beautifully and is one of the largest floor plans in the neighborhood with over 3,300sqft. You'll love the rocking chair front porch and spacious driveway! The entire interior was just freshly painted and the windows in this home are to die for! The cathedral ceilings make quite the statement as well! The main living areas including dining, living room, and kitchen boast hardwood flooring. The large living room has built in's surrounding gas fireplace. Relax in your downstairs Master suite with trey ceiling, double vanities, garden tub, and walk in closet with great closet system. Laundry room has a sink and is located right outside of the two car garage as well as a drop zone perfect for your storage needs! Kitchen that opens to living area has a large island with counter height seating, granite counters, subway tile backsplash, stainless steel appliances, and offers neighboring breakfast nook for alternate dining option. Enjoy family time in your fully fenced yard and patio perfect for grilling. The location of this home is perfect with a quick shot to great shopping and restaurants, Wrightsville Beach and Mayfaire, and more! Come take a look at this lovely property today!

Last Agent to Sell the Property

Amber;Hamm Harris

Intracoastal Realty Corp License #237055 Listed on: 07/25/2022

Intracoastal Realty Corp

Last Buyer's Agent

Yusheng (Amy) Lu

Coastal Properties License #316058

Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 62x110x62x110
  • Fenced Yard
  • Wood Fence

HOA Fees

  • $37 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,367 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Mud Room
  • Formal Dining Room
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R04400-001-565-000

Community Details

Overview

  • Reserve At West Bay Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 2015

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Mud Room, Gas Logs, Ceiling Fan(s), 9Ft+ Ceilings
  • List Price per Sq Ft: 148.47
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Number Rooms: 10
  • Sq Ft Heated: 3367.00
  • Total Heated Primary Separate Sq Ft: 3367.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Management
  • HOAAssociationFee1Year: 448.00

Lot Info

  • Deed Page: 1864.00
  • Lot Acres: 0.16
  • Lot Dimensions: 62x110x62x110
  • Lot Sq Ft: 6970.00
  • Zoning: X

Tax Info

  • Tax Identifier: R04400-001-565-000
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 1711.05
  • Total Real Estate Property Taxes: 1711.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Schmidt Michael D and Schmidt Catherine H
Bought by
Lin Weikun and Chen Shaoxia
Total Days on Market
1
Current Estimated Value
$539,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,400
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2015
Closed on
Sep 29, 2015
Sold by
D R Horton Inc
Bought by
Schmidt Michael D and Schmidt Catherine H
Seller's Agent
Lori Markham
D.R. Horton, Inc
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$309,900
Sold Price
$326,540
Premium/Discount to List
$16,640
5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$261,232
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Lin Weikun $502,000 --
Schmidt Michael D $327,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Weikun $351,400
Previous Owner Schmidt Michael D $261,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $502,000 +0.4% $149 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $499,900 +53.1% $148 / Sq Ft
10/15/2015 10/15/15 Sold $326,540 +5.4% $103 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $309,900 -- $98 / 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 -- $315,500 $67,700 $247,800
2022 $401 $315,500 $67,700 $247,800
2021 $1,736 $315,500 $67,700 $247,800
2020 $1,949 $308,100 $56,600 $251,500
2019 $1,949 $308,100 $56,600 $251,500
2018 $1,949 $308,100 $56,600 $251,500
2017 $1,995 $308,100 $56,600 $251,500
2016 $2,100 $303,000 $56,600 $246,400
2015 $365 $56,600 $56,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100340774

Hive MLS

APN: R04400-001-565-000