NOT LISTED FOR SALE

6936 Runningbrook Terrace Unit 22 Wilmington, NC 28411

Estimated Value: $1,071,000 - $1,323,000

4 Beds
3 Baths
3,051 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $607,500 $199 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,602/month

149 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Home fronts a pond
  • Ogden Elementary School Rated A-
  • Water Access
  • Finished Room Over Garage

About This Home

As of July 2016

Picture yourself sitting on your wrap-around porch overlooking a sunny pond and fountain in one of Wilmington's hidden treasures, Demarest Landing, just steps away from the community dock where you can canoe, paddleboard, fish or just enjoy the views of the natural beauty of Howe Creek and the wildlife that call it home. With a spacious, open floor plan, this light-filled home is private and perfect for both entertaining and outdoor living. It has hardwoods throughout, a kitchen island, formal dining room, and alley access for the garage and service areas. The large FROG can be used as a 5th bedroom, family rec room, or office. Situated on a high bluff overlooking Howe Creek, Demarest Landing features a pristine wooded setting and amenities that include sidewalks, trails, Day

Last Agent to Sell the Property

Pam Kersting

Intracoastal Realty Corp License #262281 Listed on: 11/10/2015

Intracoastal Realty Corp

Last Buyer's Agent

Shane Register Team

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 2004

Lot Details

  • 0.47 Acre Lot
  • Home fronts a pond
  • Property fronts an alley
  • Property has an invisible fence for dogs
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $193 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 3,051 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Attic

  • Attic Fan
  • Pull Down Stairs to Attic
  • Partially Finished Attic

Parking

  • 2 Parking Spaces
  • Finished Room Over Garage
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 9658
  • Assessor Parcel Number 3168-37-0622.000

Community Details

Overview

  • Master Insurance
  • Demarest Landing Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 2004

Lot Details

0

HOA Fees

$193 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2004
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Attic Fan, Stairs - Pull Down, Floored - Partial
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Blinds/Shades, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 203.21
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Fished Room Over Garage Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Other Level: First
  • Sq Ft Heated: 3051.00
  • Total Heated Primary Separate Sq Ft: 3051.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Composition
  • Exterior Structures: Storage
  • Fencing: Invisible
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Patio, Porch
  • Road Type Frontage: Alley, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: Cmnt
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Attic Fans, Central
  • Fuel Tank: None
  • Fuel Tank Ownership: Leased
  • 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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Picnic Area, Trash, Tennis Court(s), Taxes, Sidewalk, Maint - Comm Areas, Master Insure, Management, Maint - Roads, Community Pool, Clubhouse
  • HOAAssociationFee1Year: 2319.96

Lot Info

  • Deed Page: 879.00
  • Lot Acres: 0.47
  • Lot Dimensions: irregular
  • Lot Number: 9658
  • Lot Sq Ft: 20473.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-20S

Tax Info

  • Tax Identifier: 3168-37-0622.000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jun 30, 2016
Sold by
Mihaly Joshua and Mihaly Jennifer
Bought by
Borstad Gregory Clark and Borstad Stacy Ann
Seller's Agent
Pam Kersting
Intracoastal Realty Corp
Buyer's Agent
Shane Register Team
Coldwell Banker Sea Coast Advantage
List Price
$655,000
Sold Price
$607,500
Premium/Discount to List
-$47,500
-7.25%
Current Estimated Value
$1,186,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,752
Avg. Annual Appreciation
7.35%
Original Mortgage
$568,400
Outstanding Balance
$452,531
Interest Rate
3.58%
Mortgage Type
VA
Estimated Equity
$733,721

Purchase Details

Closed on
Oct 3, 2003
Sold by
Demarest Landing Ltd Liability
Bought by
Mihaly Joshua Jennifer

Purchase Details

Closed on
Feb 9, 1995
Sold by
Brock Danny R Faye S
Bought by
Demarest Landing Llc

Purchase Details

Closed on
Sep 1, 1994
Sold by
Stewart C V Clare H
Bought by
Demarest Landing Ltd Liability
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borstad Gregory Clark $607,500 None Available
Mihaly Joshua Jennifer $75,000 --
Demarest Landing Llc -- --
Demarest Landing Llc -- --
Demarest Landing Ltd Liability $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borstad Gregory Clark $568,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $607,500 -7.3% $199 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $655,000 -- $215 / 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 $1,954 $1,018,500 $343,500 $675,000
2023 $1,954 $710,200 $216,800 $493,400
2022 $2,533 $627,300 $216,800 $410,500
2021 $0 $627,300 $216,800 $410,500
2020 $3,632 $574,300 $173,200 $401,100
2019 $3,632 $574,300 $173,200 $401,100
2018 $3,632 $574,300 $173,200 $401,100
2017 $3,719 $574,300 $173,200 $401,100
2016 $4,096 $591,000 $123,000 $468,000
2015 $3,806 $591,000 $123,000 $468,000
2014 $3,741 $591,000 $123,000 $468,000
Source: Public Records

Agents Affiliated with this Home

  • Pam Kersting

    Seller's Agent in 2016

    Pam Kersting

    Intracoastal Realty Corp

    (910) 509-1953

    5 in this area

    174 Total Sales

    Pam Kersting
    Section Image

  • S

    Buyer's Agent in 2016

    Shane Register Team

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 30530320

Hive MLS

APN: R04419-001-070-000

North Carolina New Hanover County Wilmington 28411

6936 Runningbrook Terrace Unit 22, Wilmington, NC

Not Listed for Sale

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