$170,000
SOLD JUL 20, 2018

7015 Fallen Tree Rd Wilmington, NC 28405

3 Beds
2 Baths
1,407 Sq Ft
0.55 Acres

Recently Sold

$121 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fenced Yard
  • Castle Hayne Elementary School Rated 9+
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

As of July 2018

Charming, low-maintenance 3Br/2Ba bick ranch situated on a large .55 acre cul-de-sac lot! Updates include new laminate wood flooring throughout all living areas, a two year old roof and a new toilet, sink, vanity and medicine cabinet in the master ensuite bath. Added french doors and closet to the den make this room an excellent rec room or guest room. Additional cabinetry in the 12'x8' laundry room provides extra storage/pantry space space and countertops for hobbies or tasks. Relax and enjoy the massive backyard in comfort from the 23'x10' screened porch! NO HOA fees and convenient access to I-40!

Last Agent to Sell the Property

Team KBT Realty

Keller Williams Innovate-KBT Listed on: 05/04/2018

Last Buyer's Agent

Glenn Neighbour

Intracoastal Realty Corp License #193981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1988

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 39x238x149x298
  • Cul-De-Sac
  • Fenced Yard
  • Wood Fence
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,407 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bent Tree Subdivision

Listing and Financial Details

  • Tax Lot 22A
  • Assessor Parcel Number R03509-002-053-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$945

Year Built

Built in 1988

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: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 124.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1407.00
  • Total Heated Primary Separate Sq Ft: 1407.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Screened, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 299.00
  • Lot Acres: 0.55
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 39x238x149x298
  • Lot Number: 22A
  • Lot Sq Ft: 23958.00
  • Plat Book: 23
  • Plat Page: 38
  • Zoning: R-10

Tax Info

  • Tax Identifier: R03509-002-053-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 945.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 20, 2018
Sold by
Doscher Christopher Michael and Doscher Joanna Ocasio
Bought by
Porcaro Sandra
Seller's Agent
Team KBT Realty
Keller Williams Innovate-KBT
Buyer's Agent
Glenn Neighbour
Intracoastal Realty Corp
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$329,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,938
Avg. Annual Appreciation
9.83%
Original Mortgage
$144,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 19, 2016
Sold by
Collazo Mark and Collazo Wendy
Bought by
Doscher Christopher Michael and Doscher Joanna
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Team KBT Realty
Keller Williams Innovate-Wilmington
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$142,373
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2004
Sold by
Pozzi Paul M Mary J
Bought by
Collazo Mark Wendy

Purchase Details

Closed on
Aug 9, 1989
Sold by
Nicolaysen L W Janice B
Bought by
Pozzi Paul M Mary J

Purchase Details

Closed on
Oct 1, 1988
Sold by
Smith Deryl R Norma M
Bought by
Nicolaysen L W Janice B

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 None Available
Warranty Deed $145,000 None Available
Deed $120,000 --
Deed $70,000 --
Deed $14,000 --
Deed $7,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $163,200 New Conventional
Closed $144,500 New Conventional
Previous Owner $142,373 FHA
Previous Owner $123,000 New Conventional
Previous Owner $130,200 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $11,000 Credit Line Revolving
Previous Owner $116,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $170,000 -2.9% $121 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $175,000 +20.7% $124 / Sq Ft
02/26/2016 02/26/16 Sold $145,000 -3.3% $102 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $150,000 -- $106 / 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
2023 $1,293 $233,400 $82,900 $150,500
2022 $1,299 $233,400 $82,900 $150,500
2021 $1,290 $233,400 $82,900 $150,500
2020 $923 $146,000 $32,000 $114,000
2019 $923 $146,000 $32,000 $114,000
2018 $923 $146,000 $32,000 $114,000
2017 $945 $146,000 $32,000 $114,000
2016 $933 $134,600 $32,000 $102,600
2015 $867 $134,600 $32,000 $102,600
2014 $852 $134,600 $32,000 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100114412

Hive MLS

APN: R03509-002-053-000