NOT LISTED FOR SALE

7012 Fallen Tree Rd Wilmington, NC 28405

Estimated Value: $311,000 - $347,000

3 Beds
2 Baths
1,252 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $285,000 $228 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,866/month

4 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Separate Outdoor Workshop
  • Castle Hayne Elementary School Rated A-
  • Fenced Yard
  • Cul-De-Sac

About This Home

As of March 2022

Darling home on a cul-de-sac lot with a separate two story wired building, possibilities abound, it could be used as a garage, workshop, and current owner considers it a barn! The structure could even be remodeled and used as additional living space!The main home has new LVP flooring, new baseboards, new doors, and new window frames. The fireplace has been converted into gas and has a remote control. (It warms the home up nicely on a cold day, tank is owned and recently filled. The kitchen has a new gas cooktop (stove is an electric convection oven), new granite countertops, subway tile backsplash and a large new sink and faucet. Each of the bathrooms have new toilets and new vanities. New water heater as well! The back yard is fenced in. The neighborhood does not have an HOA.This is a wonderful opportunity for the buyer that wants one level living close to area beaches, shopping and UNCW.

Last Agent to Sell the Property

Sherri Ingle

Intracoastal Realty Corp Listed on: 02/14/2022

Intracoastal Realty Corp

Last Buyer's Agent

Wade Gowdy

Intracoastal Realty Corp License #327778

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1985

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 46x120x165x40
  • Cul-De-Sac
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned R-10

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Access Panel
  • Partially Finished Attic

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Open Patio
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Bent Tree Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number R03509-002-056-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Refrigerator
  • Handicap Accessible: None
  • List Priceper Sq Ft: 214.86
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 866.53
  • Waterview: No
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1252.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1252.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Workshop
  • Fencing: Back Yard, Chain Link
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks

Fee Information

  • Home Warranty Termite Company: Jay Taylor

Lot Info

  • Cobra Zone: No
  • Deed Page: 858.00
  • Lot Acres: 0.41
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 46x120x165x40
  • Lot Number: 25
  • Lot Sq Ft: 17860.00
  • Lot Water Features: None
  • Zoning: R-10

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R03509-002-056-000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 23, 2022
Sold by
Lindellia Stephen A
Bought by
Gowdy Zachary Penn
Seller's Agent
Sherri Ingle
Intracoastal Realty Corp
Buyer's Agent
Wade Gowdy
Intracoastal Realty Corp
List Price
$269,000
Sold Price
$285,000
Premium/Discount to List
$16,000
5.95%
Current Estimated Value
$336,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,203
Avg. Annual Appreciation
4.41%
Original Mortgage
$248,000
Outstanding Balance
$232,330
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$103,873

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 13, 2019
Sold by
Williams Keith Scott and Williams April Stephens
Bought by
Lindellia Stephen A
Seller's Agent
Molly Tilyou
Nest Realty
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$169,000
Sold Price
$170,000
Premium/Discount to List
$1,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.08%
Original Mortgage
$166,920
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2002
Sold by
Henry Angela Barnhill
Bought by
Williams Keith Scott

Purchase Details

Closed on
Sep 1, 2000
Sold by
Clark Jeffery L Michelle W
Bought by
Henry Angela Barnhill

Purchase Details

Closed on
Mar 22, 1989
Sold by
Martin Paul J Belinda M
Bought by
Clark Jeffery L Michelle W

Purchase Details

Closed on
Aug 1, 1985
Sold by
Mclamb Donald L Carolyn S
Bought by
Martin Paul J Belinda M

Purchase Details

Closed on
Mar 1, 1985
Sold by
Smith Deryl R Norma M
Bought by
Mclamb Donald L Carolyn S

Purchase Details

Closed on
Oct 1, 1984
Sold by
Suggs & Harrelson Inc
Bought by
Smith Deryl R Norma M

Purchase Details

Closed on
Feb 1, 1981
Bought by
Suggs & Harrelson Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gowdy Zachary Penn $285,000 None Listed On Document
Lindellia Stephen A $170,000 None Available
Williams Keith Scott $107,500 --
Henry Angela Barnhill $100,000 --
Clark Jeffery L Michelle W $63,000 --
Martin Paul J Belinda M $54,000 --
Mclamb Donald L Carolyn S $8,000 --
Smith Deryl R Norma M $7,500 --
Suggs & Harrelson Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowdy Zachary Penn $248,000
Previous Owner Lindellia Stephen A $166,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $285,000 +5.9% $228 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $269,000 +58.2% $215 / Sq Ft
08/22/2019 08/22/19 Sold $170,000 +0.6% $136 / Sq Ft View Prior Sale
07/13/2019 07/13/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $169,000 -- $136 / 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
2025 $1,390 $347,800 $129,200 $218,600
2023 $1,171 $211,100 $74,100 $137,000
2022 $1,168 $211,100 $74,100 $137,000
2021 $1,168 $211,100 $74,100 $137,000
2020 $867 $137,000 $32,000 $105,000
2019 $867 $137,000 $32,000 $105,000
2018 $433 $137,000 $32,000 $105,000
2017 $887 $137,000 $32,000 $105,000
2016 $868 $125,300 $32,000 $93,300
2015 $807 $125,300 $32,000 $93,300
2014 $793 $125,300 $32,000 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100312172

Hive MLS

APN: R03509-002-056-000