NOT LISTED FOR SALE

601 Rheims Way Wilmington, NC 28412

Estimated Value: $323,701 - $341,000

4 Beds
1.5 Baths
1,231 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $282,000 $229 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,891/month

2 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Central Air
  • No HOA
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of April 2022

Wonderful 4 Bedroom, 1.5 Bath situated on on a quiet street in Marquis Hills. This brick home was built in 1971 and offers 1,231 square feet of living space. As you enter the front door you will be welcomed by the living room at the front of the home. The full bath is conveniently located in the main hallway, just off the living room. Down the hall are 2 guest bedrooms at the front of the home and and the master bedroom to the rear with an ensuite half bath. As you continue through the living room you will enter the bright and spacious kitchen over looking the back yard. Through the kitchen on the right side of the home you will find the 4th bedroom (currently being used as an office) and the laundry room. The laundry room is unheated but adds an additional 87 square feet to the home, for a total of 1,318 square feet. In the spacious and fenced in back yard you will find a shed, outdoor shower area, and a nice RV carport on the left side of the home. This home has so much to offer and is conveniently located within 15 minutes to Downtown Wilmington and Carolina Beach.

Last Agent to Sell the Property

Lanier Property Group

Intracoastal Realty Corp. Listed on: 03/18/2022

Last Buyer's Agent

Oliver Evans

Coastal Realty Associates LLC License #313331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 95x117x85x145
  • Wood Fence
  • Chain Link Fence
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Marquis Hills Subdivision

Listing and Financial Details

  • Tax Lot 280
  • Assessor Parcel Number R07605-011-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,106

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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 207.15
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1231.00
  • Total Heated Primary Separate Sq Ft: 1231.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: Chain Link, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 2430.00
  • Lot Acres: 0.28
  • Lot Dimensions: 95x117x85x145
  • Lot Number: 280
  • Lot Sq Ft: 12197.00
  • Lot Water Features: None
  • Plat Book: 5131
  • Plat Page: 353-357
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07605-011-004-000
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 5, 2022
Sold by
Anne-Marie Tow
Bought by
Rosenberg Esther
Seller's Agent
Lanier Property Group
Intracoastal Realty Corp.
Buyer's Agent
Oliver Evans
Coastal Realty Associates LLC
List Price
$255,000
Sold Price
$282,000
Premium/Discount to List
$27,000
10.59%
Current Estimated Value
$328,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,527
Avg. Annual Appreciation
4.28%
Original Mortgage
$247,000
Outstanding Balance
$233,764
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$90,107

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 18, 2019
Sold by
Sarabhajvanij Nicholas and Sarabhaivanij Jennifer
Bought by
Tow Anne Marie
Seller's Agent
Sherri Ingle
Intracoastal Realty Corp
Buyer's Agent
Debbie Freeman
Just For Buyers Realty, LLC
List Price
$204,900
Sold Price
$192,000
Premium/Discount to List
-$12,900
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.06%
Original Mortgage
$192,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2007
Sold by
Sarabhaivanij Nicholas and Sarabhaivanij Kellie Miller
Bought by
Sarabhaivanij Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2001
Sold by
Wilson Daniel J Danielle
Bought by
Sarabhaivanij Nicholas

Purchase Details

Closed on
Nov 8, 2001
Sold by
First Union National Bank De
Bought by
Wilson Daniel J

Purchase Details

Closed on
Jul 17, 2001
Sold by
Craig David Bsub Trustee
Bought by
First Union National Bank De

Purchase Details

Closed on
Feb 17, 1998
Sold by
Bobby G Benson Enterprises Inc
Bought by
Benson Floyd D Teresa

Purchase Details

Closed on
Dec 4, 1989
Sold by
Leete Rose
Bought by
Bobby G Benson Enterprises Inc

Purchase Details

Closed on
Apr 1, 1981
Sold by
Tattoli Frank Patricia J
Bought by
Leete Rose

Purchase Details

Closed on
Jul 1, 1980
Sold by
Smith Judith M
Bought by
Tattoli Frank Patricia J

Purchase Details

Closed on
May 1, 1980
Bought by
Smith Judith M
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 Buyer Sale Price Title Company
Rosenberg Esther $564 Baker Pllc
Tow Anne Marie $192,000 None Available
Sarabhaivanij Nicholas $12,500 None Available
Sarabhaivanij Nicholas $93,000 --
Wilson Daniel J $70,000 --
First Union National Bank De $80,000 --
Benson Floyd D Teresa $72,500 --
Bobby G Benson Enterprises Inc $20,500 --
Leete Rose $4,000 --
Tattoli Frank Patricia J $4,000 --
Smith Judith M $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenberg Esther $247,000
Previous Owner Tow Anne Marie $192,500
Previous Owner Sarabhaivanii Nicholas $1,827
Previous Owner Sarabhaivanij Nicholas $126,400
Previous Owner Sarabhaivanij Nicholas $143,000
Previous Owner Sarabhalvanij Nicholas $11,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $282,000 +10.6% $229 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $255,000 +32.8% $207 / Sq Ft
11/18/2019 11/18/19 Sold $192,000 -6.3% $140 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $204,900 -- $150 / 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 $1,106 $197,500 $72,600 $124,900
2022 $1,110 $197,500 $72,600 $124,900
2021 $1,093 $197,500 $72,600 $124,900
2020 $746 $118,000 $20,000 $98,000
2019 $746 $118,000 $20,000 $98,000
2018 $746 $118,000 $20,000 $98,000
2017 $764 $118,000 $20,000 $98,000
2016 $705 $101,800 $37,200 $64,600
2015 $656 $101,800 $37,200 $64,600
2014 $644 $101,800 $37,200 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317620

Hive MLS

APN: R07605-011-004-000