NOT LISTED FOR SALE

701 Trace Dr Wilmington, NC 28411

Estimated Value: $573,206 - $636,000

4 Beds
2.5 Baths
2,592 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $365,000 $141 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,338/month

2 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • 1 Fireplace
  • Ogden Elementary School Rated A
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of October 2020

Beautiful remodeled home in sought after Bayshore with extensive upgrades is Southern living at its best. 2590 sf with 4 bedrooms plus bonus room and 2 1/2 baths and tons of light. Kitchen features sleek white cabinets, tons of granite counter space, butcher block island, stainless steel appliances and open to family room making it perfect for entertaining. A proper foyer and formal dining room accented with wainscoting is light and inviting. Striking floors throughout living space and living room offering a cozy fireplace to relax with. Master accented with vaulted ceiling and ceiling fan leads to a roomy Rocking chair front porch perfect for visiting with the community. Enjoy the exclusive boat ramp at the Bayshore Yacht Club on Pages Creek accessing the Intracoastal Waterway, barrier islands and the Ocean for $50/year and NO HOA fees. New Roof in 2015 and both Hvac's replaced in 2019. Designated parking for RV, large boat or addition vehicles. Minutes to shopping and resturants and close to both Wrightsville Beach and Topsail Island

Last Agent to Sell the Property

Sandra Thornton

Berkshire Hathaway HomeServices Carolina Premier Properties License #217029 Listed on: 09/05/2020

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Laura Betz

RE/MAX Essential License #216080

RE/MAX Essential

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 90x171x27x75x193
  • Fenced Yard
  • Wood Fence
  • Property is zoned R15

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Above Ground Pool
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Well

Community Details

  • No Home Owners Association
  • Bayview At Bayshore Subdivision

Listing and Financial Details

  • Assessor Parcel Number R03616-004-021-000

Home Details

Home Type

Single Family

Year Built

Built in 1990

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: 2.0
  • Stories Levels: Two
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Solid Surface, Walk-In Closet, Walk-in Shower, Ceiling Fan(s)
  • List Price per Sq Ft: 138.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Sq Ft Heated: 2592.00
  • Total Heated Primary Separate Sq Ft: 2592.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Deck, Porch, Enclosed
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Ramp

Lot Info

  • Deed Page: 2174.00
  • Lot Acres: 0.39
  • Lot Dimensions: 90x171x27x75x193
  • Lot Sq Ft: 16988.00
  • Zoning: R15

Tax Info

  • Tax Identifier: R03616-004-021-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 14, 2017
Sold by
Brasser Denise R
Bought by
Folta Paul W and Folta Christine W
Seller's Agent
Denise Brasser
Coastal Properties
Buyer's Agent
Mel Hellums
Just For Buyers Realty, LLC
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$606,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,552
Avg. Annual Appreciation
9.69%
Original Mortgage
$275,000
Outstanding Balance
$228,743
Interest Rate
4.02%
Mortgage Type
VA
Estimated Equity
$377,809

Purchase Details

Closed on
Sep 21, 2000
Sold by
Brasser Jr Denise R Henry J
Bought by
Brasser Denise R

Purchase Details

Closed on
Apr 8, 1991
Sold by
Southerland Dona Gurganus
Bought by
Davenport Properties Corp

Purchase Details

Closed on
Feb 15, 1991
Sold by
Brasser Henry J Jr Denise R
Bought by
Brasser Denise R

Purchase Details

Closed on
Apr 11, 1989
Sold by
Davenport Properties Corp
Bought by
Brasser Henry J Jr Denise R

Purchase Details

Closed on
Apr 1, 1988
Bought by
Davenport Properties Corp

Purchase Details

Closed on
Jun 26, 1977
Sold by
Southerland Dona G
Bought by
Harris Jackie Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Folta Paul W $275,000 None Available
Brasser Denise R -- --
Davenport Properties Corp -- --
Brasser Denise R -- --
Brasser Henry J Jr Denise R $21,000 --
Davenport Properties Corp -- --
Harris Jackie Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folta Paul W $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2020 10/26/20 Sold $365,000 +1.4% $141 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $359,900 +30.9% $139 / Sq Ft
06/15/2017 06/15/17 Sold $275,000 -3.5% $106 / Sq Ft View Prior Sale
04/18/2017 04/18/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $285,000 -- $110 / 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 $1,924 $488,800 $128,000 $360,800
2023 $1,913 $352,000 $90,800 $261,200
2022 $1,925 $352,000 $90,800 $261,200
2021 $1,939 $352,000 $90,800 $261,200
2020 $1,531 $287,000 $94,500 $192,500
2019 $1,815 $287,000 $94,500 $192,500
2018 $1,815 $287,000 $94,500 $192,500
2017 $1,858 $287,000 $94,500 $192,500
2016 $1,660 $239,600 $73,500 $166,100
2015 $1,543 $239,600 $73,500 $166,100
2014 $1,517 $239,600 $73,500 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100235322

Hive MLS

APN: R03616-004-021-000