NOT LISTED FOR SALE

625 Rheims Way Wilmington, NC 28412

Estimated Value: $304,000 - $333,000

3 Beds
1.5 Baths
1,397 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $130,000 $93 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,849/month

8 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room
  • Patio
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of June 2017

Handy man special don't miss this opportunity. Classic one level brick ranch home on a cal de sac street with laminate wood floors throughout. Large living room, eat in kitchen with ceramic tile floors, lots of cabinet and counter top space, family room den, three bedrooms , one full bath with tile surround and master with half bath. Large fenced back yard with patio for grilling and huge shed. Sold as is.

Last Agent to Sell the Property

Jill Jethwa

Dianne Perry & Company License #267105 Listed on: 04/27/2017

Last Buyer's Agent

Brigitte Simone

Intracoastal Realty Corp License #284473

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1971

Lot Details

  • 0.55 Acre Lot
  • Chain Link Fence
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,397 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Marquis Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07609-001-052-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

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

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 100.21
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 1397.00
  • Total Heated Primary Separate Sq Ft: 1397.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 577.00
  • Lot Acres: 0.55
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 23958.00
  • Plat Book: 12
  • Plat Page: 25
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07609-001-052-000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 5, 2017
Sold by
Venture Holdings Llc
Bought by
Covington Mark E
Seller's Agent
Jill Jethwa
Dianne Perry & Company
Buyer's Agent
Brigitte Simone
Intracoastal Realty Corp
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Total Days on Market
8
Current Estimated Value
$320,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,449
Avg. Annual Appreciation
11.35%
Original Mortgage
$72,500
Outstanding Balance
$60,943
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$252,598

Purchase Details

Closed on
Dec 2, 2014
Sold by
Venture Dynamics Llc
Bought by
Venture Holdings Llc

Purchase Details

Closed on
Apr 7, 2011
Sold by
Cerniglia James and Cerniglia Beth Anne
Bought by
Venture Dynamics Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
Cerniglia James Aaron and Cerniglia James A
Bought by
Cerniglia James

Purchase Details

Closed on
Dec 8, 2003
Sold by
Us Bank Na
Bought by
Cerniglia James

Purchase Details

Closed on
Feb 26, 2003
Sold by
Secretary Of Hud
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 30, 2002
Sold by
Priority Trustee Srvs Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
May 10, 2001
Sold by
Spaller Brian W Sandra R
Bought by
Hudson Tina L

Purchase Details

Closed on
Oct 1, 1992
Sold by
Struthers C J
Bought by
Spaller Brian White

Purchase Details

Closed on
Jul 1, 1987
Sold by
Sanchez Americo Jr Maxine
Bought by
Struthers C J

Purchase Details

Closed on
May 1, 1984
Sold by
Wilson Johnny
Bought by
Sanchez Americo Jr Maxine

Purchase Details

Closed on
Apr 1, 1974
Bought by
Wilson Johnny
Source: Public Records

Range of Values:

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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
Covington Mark E $130,000 None Available
Venture Holdings Llc -- None Available
Venture Dynamics Llc -- None Available
Cerniglia James $105,000 None Available
Cerniglia James $70,500 --
Us Bank Na -- --
Secretary Of Hud -- --
Hudson Tina L $96,500 --
Spaller Brian White $56,500 --
Struthers C J $48,000 --
Sanchez Americo Jr Maxine $22,500 --
Wilson Johnny $22,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covinton Mark E $1,917
Open Covington Mark E $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $130,000 -7.1% $93 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $140,000 -- $100 / 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 $1,145 $205,000 $91,500 $113,500
2023 $1,139 $205,000 $91,500 $113,500
2022 $1,149 $205,000 $91,500 $113,500
2021 $1,134 $205,000 $91,500 $113,500
2020 $755 $119,300 $24,800 $94,500
2019 $755 $119,300 $24,800 $94,500
2018 $755 $119,300 $24,800 $94,500
2017 $772 $119,300 $24,800 $94,500
2016 $832 $120,000 $43,500 $76,500
2015 $773 $120,000 $43,500 $76,500
2014 $760 $120,000 $43,500 $76,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jill Jethwa

    Dianne Perry & Company

    (910) 332-0736

    2 in this area

    58 Total Sales

    Section Image
  • Brigitte Simone

    Buyer's Agent in 2017

    Brigitte Simone

    Intracoastal Realty Corp

    (910) 458-2001

    2 in this area

    137 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100059970

Hive MLS

APN: R07609-001-052-000

North Carolina New Hanover County Wilmington 28412

625 Rheims Way, Wilmington, NC

This home is located at 625 Rheims Way, Wilmington, NC 28412 since 27 April 2017 and is currently estimated at $320,449, approximately $229 per square foot. This property was built in 1971. 625 Rheims Way is a home located in New Hanover County with nearby schools including Mary C. Williams Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

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