NOT LISTED FOR SALE

Wilmington, NC 28405

Mayfaire Neighborhood

Estimated Value: $1,110,546 - $1,433,000

3 Beds
2.5 Baths
3,075 Sq Ft
$399/Sq Ft Est. Value

Last Sold April 18, 2013

Last sale price $659,900 $215 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,149/month

187 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Office
  • M.C.S. Noble Middle School Rated A-
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of April 2013

This stunning home will impress you the moment you enter the Mahogany front door. Partial wraparound covered porches create a sense of place while unsurpassed elegant interior details will astound you. Walnut floors, stained alder wood doors, timeless moldings & pine wall covering in great room will make this home a pride of joy. With an open floor plan the kitchen will include a butler's pantry across from a large walk in pantry, custom upgraded cabinets w/ glass doors & chef appliances to include a dual fuel, steam assist, pro range/oven. The kitchen & living area will be open to the screened porch by a 12 ft. accordion glass door. Upstairs will feature a media room w/ surround sound & a wet bar, 2 bedrooms w/ large walk in closets, 2 full tiled baths & 400 sq. ft. of walk in

Last Agent to Sell the Property

Nicole Valentine

Intracoastal Realty Corp Listed on: 09/12/2012

Last Buyer's Agent

Nicole Valentine

Intracoastal Realty Corp Listed on: 09/12/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,047

Year Built

  • Built in 2012

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 129x50
  • Property fronts a private road
  • Irrigation
  • Property is zoned MX

HOA Fees

  • $134 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Attic Floors

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Mayfaire Subdivision
  • Maintained Community

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,047

Year Built

Built in 2012

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Ceiling Fan(s), Gas Logs
  • List Price per Sq Ft: 214.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sq Ft Heated: 3075.00
  • Total Heated Primary Separate Sq Ft: 3075.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Porch, Screened, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St), Private
  • Roof: Metal

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric, Natural Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Picnic Area, Trash, Taxes, Sidewalk, Management, Maint - Roads
  • HOAAssociationFee1Year: 1608.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1993.00
  • Lot Acres: 0.15
  • Lot Dimensions: 129x50
  • Lot Sq Ft: 6534.00
  • Zoning: MX

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2012
Closed on
Apr 18, 2013
Sold by
North State Partners Construction Llc
Bought by
Kotzan Jeffrey M and Kotzan Juliana R
Seller's Agent
Nicole Valentine
Intracoastal Realty Corp
Buyer's Agent
Nicole Valentine
Intracoastal Realty Corp
List Price
$624,900
Sold Price
$659,900
Premium/Discount to List
$35,000
5.6%
Current Estimated Value
$1,228,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,237
Avg. Annual Appreciation
5.10%
Original Mortgage
$395,940
Outstanding Balance
$280,490
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$947,647

Purchase Details

Closed on
Feb 19, 2009
Sold by
Gsf Investments Llc
Bought by
Parkside Wf Investors Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Tri Coast Properties Llc
Bought by
The Partners At Parkside Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Mayfaire Spe B Llc
Bought by
Tri Coast Properties Llc
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
Kotzan Jeffrey M $660,000 None Available
Parkside Wf Investors Llc $248,000 None Available
Gsf Investments Llc -- None Available
The Partners At Parkside Llc -- None Available
Tri Coast Properties Llc $2,235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotzan Jeffrey M $395,940
Previous Owner The Partners At Parkside Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2013 04/18/13 Sold $659,900 +5.6% $215 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $624,900 -- $203 / 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
2025 $6,047 $1,093,500 $243,000 $850,500
2023 $6,047 $695,000 $173,400 $521,600
2022 $5,908 $695,000 $173,400 $521,600
2021 $5,948 $695,000 $173,400 $521,600
2020 $6,041 $573,500 $170,000 $403,500
2019 $6,041 $573,500 $170,000 $403,500
2018 $6,041 $573,500 $170,000 $403,500
2017 $6,041 $573,500 $170,000 $403,500
2016 $6,229 $562,200 $140,000 $422,200
2015 $5,954 $562,200 $140,000 $422,200
2014 $5,701 $562,200 $140,000 $422,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nicole Valentine

    Intracoastal Realty Corp

See All Agents

Source: Hive MLS

MLS Number: 30481410

Hive MLS

APN: R05000-003-133-000

North Carolina New Hanover County Wilmington 28405

Mayfaire

This home since 12 September 2012 and is currently estimated at $1,228,137, approximately $399 per square foot. This property was built in 2012. This home is a home located in New Hanover County with nearby schools including John J. Blair Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

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