NOT LISTED FOR SALE

7022 Rice Gate Wilmington, NC 28411

Estimated Value: $360,318 - $386,000

3 Beds
2 Baths
1,372 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $300,000 $219 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,212/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Fenced Yard
  • Emma B. Trask Middle School Rated 9+
  • Breakfast Area or Nook
  • Porch

About This Home

As of October 2021

Fall in love with this charming all-brick 3 bedroom, 2 full bathroom, 1,372 square-foot home in Daniel's Trace in Ogden. This is a gorgeous, established neighborhood with mature landscaping and the perfect mix of shade and sun. A spacious floor plan highlights vaulted ceilings and engineered hardwood flooring in the living room. Your premier kitchen features ceramic tiled flooring, white craftsman-style cabinetry, granite countertops, a pantry, and new stainless steel appliances (2019) with a spacious casual dining area. Your beautiful master suite boasts a vaulted ceiling, engineered hardwood flooring, a large walk-in closet, dual vanities, shiplap details, a fiberglass shower with oversized garden tub, and tile flooring in the bathroom. Two other bedrooms, the second full bathroom, and laundry room with built-in storage complete the interior. Other home features include a 2-car garage, a new hot water heater (2019), and a new roof (2021). Enjoy an afternoon of grilling out on your wooden patio with built-in bench seating or spend time in your beautiful fenced-in backyard with lush greenery and beautiful magnolia trees. The HOA mows the front yard and will also mow the back for an additional $25/month to make this home turn key living. Built-in irrigation system for the front and back yards keep the grass looking fresh. This home is conveniently located just a short distance to grocery stores, dining options, shopping, local parks, and access to I-40. Call today to make this adorable home yours!

Last Agent to Sell the Property

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 09/03/2021

Last Buyer's Agent

Margot Weatherford

eXp Realty License #319233

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Open Lot
  • Property is zoned R-15

HOA Fees

  • $140 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,372 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Daniels Trace Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number R03507-001-074-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,121

Year Built

Built in 2005

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Pantry, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 218.29
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Breakfast Nook Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1372.00
  • Total Heated Primary Separate Sq Ft: 1372.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Trash, Taxes, Maint - Roads, Maint - Grounds
  • HOAAssociationFee1Year: 1680.00

Lot Info

  • Deed Page: 1054.00
  • Lot Acres: 0.19
  • Lot Description: Open
  • Lot Dimensions: irregular
  • Lot Sq Ft: 8276.00
  • Lot Water Features: None
  • Special Assessments: yes, see agent remarks
  • Zoning: R-15

Green Features

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

Tax Info

  • Tax Identifier: R03507-001-074-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1121.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 15, 2021
Sold by
Stott Austin and Stott Savannah B
Bought by
Racca Gregory Holden and Racca Gina Florio
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Margot Weatherford
eXp Realty
List Price
$299,500
Sold Price
$300,000
Premium/Discount to List
$500
0.17%
Current Estimated Value
$373,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,080
Avg. Annual Appreciation
5.56%
Original Mortgage
$270,000
Outstanding Balance
$246,215
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,865

Purchase Details

Listed on
Nov 14, 2018
Closed on
Feb 25, 2019
Sold by
Faulkner Heather
Bought by
Stott Austin and Booth Savannah B
Seller's Agent
Shane Register Team
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Team Prestige Homes
EXP Realty, LLC
List Price
$228,000
Sold Price
$217,500
Premium/Discount to List
-$10,500
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$219,500
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 17, 2018
Closed on
Feb 8, 2018
Sold by
Nelson George D and Nelson Grace Ann
Bought by
Faulkner Heather
Seller's Agent
Christopher Spivey
RE/MAX Essential
Buyer's Agent
REACH Properties
Keller Williams Innovate-Wilmington
List Price
$205,900
Sold Price
$205,000
Premium/Discount to List
-$900
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$211,765
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Listed on
Oct 7, 2011
Closed on
Apr 27, 2012
Sold by
Quagliariello John A and Quagliariello Linda M
Bought by
Nelson George D and Nelson Grace Ann
Seller's Agent
Gloria Jean Degnan
Laney Real Estate Co.
Buyer's Agent
Buddy Blake
RE/MAX Essential
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$126,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Tbr Development Inc
Bought by
Quagliariello John A and Quagliariello Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Rivenbark Robert H Jr Teela B
Bought by
Tbr Development Inc
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
Racca Gregory Holden $300,000 None Available
Stott Austin $217,500 None Available
Faulkner Heather $205,000 None Available
Nelson George D $157,500 None Available
Quagliariello John A $168,000 None Available
Tbr Development Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racca Gregory Holden $270,000
Previous Owner Stott Austin $219,500
Previous Owner Faulkner Heather $211,765
Previous Owner Nelson George D $126,000
Previous Owner Quagliariello John A $134,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold $300,000 +0.2% $219 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $299,500 +37.7% $218 / Sq Ft
03/06/2019 03/06/19 Sold $217,500 -4.6% $161 / Sq Ft View Prior Sale
01/12/2019 01/12/19 Pending -- -- --
11/14/2018 11/14/18 For Sale $228,000 +11.2% $169 / Sq Ft
02/28/2018 02/28/18 Sold $205,000 -0.4% $152 / Sq Ft View Prior Sale
01/23/2018 01/23/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $205,900 +30.7% $153 / Sq Ft
05/10/2012 05/10/12 Sold $157,500 -4.5% $117 / Sq Ft View Prior Sale
05/01/2012 05/01/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $165,000 -- $122 / 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 $1,427 $363,600 $109,400 $254,200
2023 $1,230 $225,600 $60,200 $165,400
2022 $1,237 $225,600 $60,200 $165,400
2021 $1,243 $225,600 $60,200 $165,400
2020 $1,121 $177,300 $42,000 $135,300
2019 $1,121 $177,300 $42,000 $135,300
2018 $1,121 $177,300 $42,000 $135,300
2017 $1,148 $177,300 $42,000 $135,300
2016 $1,279 $184,500 $42,000 $142,500
2015 $1,188 $184,500 $42,000 $142,500
2014 $1,168 $184,500 $42,000 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100289207

Hive MLS

APN: R03507-001-074-000