$62,000
SOLD JUL 27, 2012

616 Middle Sound Loop Rd Wilmington, NC 28411

3 Beds
1 Bath
950 Sq Ft
0.4 Acres

Recently Sold

$65 Per Sq Ft

38% Below List Price

155 Days on Market

Highlights

  • Deck
  • No HOA
  • Screened Patio
  • Ogden Elementary School Rated A-
  • Porch
  • Laundry Room

About This Home

As of October 2020

Most affordable home on Middle Sound. This cute little bungalow is priced to sell. Needs a little TLC. Would be great for investors or first time buyers. Sold as-is.

Last Agent to Sell the Property

Mike Malina

Keller Williams Innovate-Wilmington

Co-Listed By

Becky Brown

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Becky Brown

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1952

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 92x285x122x159
  • Property is zoned R-20

Home Design

  • Stick Built Home

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Well
  • Fuel Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4805

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,014

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 0 - 200, 800 - 999
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 83.15
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 950.00
  • Total Heated Primary Separate Sq Ft: 950.00

Exterior Features

  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Screened, Porch

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: Oil Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Community System
  • Service Providers Water Provider: Existing Well
  • Utilities: Community Sewer, Well Water
  • HeatingSystemFuelSource: Oil

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 899.00
  • Lot Acres: 0.40
  • Lot Dimensions: 92x285x122x159
  • Lot Number: 4805
  • Lot Sq Ft: 17424.00
  • Zoning: R-20

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 6, 2020
Sold by
Salling William H and Salling Gail F
Bought by
Batchelor William M and Batchelor Hannah E
Seller's Agent
Michelle Clark
Intracoastal Realty Corp
Buyer's Agent
Justin Barfield
Intracoastal Realty Corp
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Total Days on Market
155
Current Estimated Value
$330,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,932
Avg. Annual Appreciation
8.67%
Original Mortgage
$180,000
Outstanding Balance
$161,899
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,958

Purchase Details

Closed on
Sep 16, 2019
Sold by
Hunt Amy M
Bought by
Salling William H and Saliling Gail F

Purchase Details

Listed on
May 13, 2014
Closed on
Feb 27, 2015
Sold by
Salling William David and Salling Rae
Bought by
Hunt Amy M
Seller's Agent
Michelle Clark
Intracoastal Realty Corp
Buyer's Agent
Patrice Willetts
Corcoran HM Properties
List Price
$215,000
Sold Price
$167,000
Premium/Discount to List
-$48,000
-22.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$163,975
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jul 27, 2012
Sold by
Shackelford Jacqueline Rudolph
Bought by
Salling William David
Seller's Agent
Mike Malina
Keller Williams Innovate-Wilmington
Buyer's Agent
Becky Brown
Keller Williams Innovate-Wilmington
List Price
$100,000
Sold Price
$62,000
Premium/Discount to List
-$38,000
-38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.60%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hardison Martha K
Bought by
Shackelford Jacqueline H

Purchase Details

Closed on
Sep 5, 1973
Sold by
Hardison Jack E
Bought by
Hardison Martha

Purchase Details

Closed on
Apr 9, 1970
Sold by
Holt Donald R Sr Myrtle C
Bought by
Hardison Jack E Martha

Map

Range of Values:

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Average Value
Not Available
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 $225,000 None Available
Warranty Deed $167,000 None Available
Warranty Deed $167,000 None Available
Deed $62,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Previous Owner $163,975 FHA
Previous Owner $8,198 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $225,000 -10.0% $208 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $249,900 +49.6% $231 / Sq Ft
02/27/2015 02/27/15 Sold $167,000 -22.3% $155 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
05/13/2014 05/13/14 For Sale $215,000 +246.8% $199 / Sq Ft
07/27/2012 07/27/12 Sold $62,000 -38.0% $65 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $100,000 -- $105 / Sq Ft
Source: Hive MLS

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 $1,014 $180,000 $85,200 $94,800
2022 $1,017 $180,000 $85,200 $94,800
2021 $998 $180,000 $85,200 $94,800
2020 $1,039 $164,200 $64,900 $99,300
2019 $1,039 $164,200 $64,900 $99,300
2018 $1,039 $164,200 $64,900 $99,300
2017 $1,063 $164,200 $64,900 $99,300
2016 $832 $120,000 $59,100 $60,900
2015 $773 $120,000 $59,100 $60,900
2014 $760 $120,000 $59,100 $60,900
Source: Public Records

Source: Hive MLS

MLS Number: 30473190

Hive MLS

APN: R04400-008-007-000