NOT LISTED FOR SALE

7108 Key Point Dr Wilmington, NC 28405

Estimated Value: $494,993 - $597,000

3 Beds
2 Baths
1,789 Sq Ft
$308/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $325,000 $182 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,330/month

7 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • M.C.S. Noble Middle School Rated A-
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of September 2020

Lovely, well maintained home in sought after Key Colony at Covil Estates. One-level living features 1,790 square feet with 3 bedrooms, 2 full baths, Living Room with wood burning fireplace has vaulted ceiling through to Dining area, Sunroom with lots of natural light opens to covered deck and beautiful fenced backyard. Spacious Kitchen includes all appliances, pantry, bar seating and breakfast nook. Generously sized Owners Suite has updated bathroom with large walk-in shower and walk-in closet. Community HOA Dues maintain the front yard, exterior paint, trash service, street lights and Community pool, tennis courts and clubhouse. Bike to Wrightsville Beach, Mayfaire Towne Center or enjoy the Cross City Trail. Minutes to Historic Downtown, I-40 and UNCW.

Last Agent to Sell the Property

Nicole Valentine

Intracoastal Realty Corp License #267576 Listed on: 07/17/2020

Intracoastal Realty Corp

Last Buyer's Agent

Sherri Ingle

Intracoastal Realty Corp

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x130x65x130
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $189 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,789 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 12R
  • Assessor Parcel Number R04417-004-012-000

Community Details

Overview

  • Covil Estates Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 1993

Lot Details

0

HOA Fees

$189 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: 1.0
  • Stories Levels: One
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Pantry, Walk-In Closet, Walk-in Shower, Smoke Detectors, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 181.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 1789.00
  • Total Heated Primary Separate Sq Ft: 1789.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Community Sewer, Community Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Trash, Tennis Court(s), Street Lights, Management, Maint - Roads, Maint - Grounds, Community Pool
  • HOAAssociationFee1Year: 2268.00

Lot Info

  • Deed Page: 925.00
  • Lot Acres: 0.19
  • Lot Dimensions: 65x130x65x130
  • Lot Number: 12R
  • Lot Sq Ft: 8276.00
  • Plat Book: 33
  • Plat Page: 170
  • Zoning: R-15

Tax Info

  • Tax Identifier: R04417-004-012-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 2, 2020
Sold by
Tysinger Scot Lee and Beach Anne Elizabeth
Bought by
Gearity Keith
Seller's Agent
Nicole Valentine
Intracoastal Realty Corp
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$550,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,248
Avg. Annual Appreciation
10.85%
Original Mortgage
$260,000
Outstanding Balance
$233,729
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$309,106

Purchase Details

Closed on
Apr 5, 2016
Sold by
Devita Peter M and Devita Terry H
Bought by
Tysinger Scott Lee and Beach Anne Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2009
Sold by
Devita Peter M
Bought by
Devita Peter M and Devita Terry H

Purchase Details

Closed on
Aug 1, 2003
Sold by
Maisto William G Armelia C
Bought by
Devita Peter M

Purchase Details

Closed on
Apr 21, 1998
Sold by
Dallas Harris Land Co Llc
Bought by
Key Colony/Covil Estates Hoa

Purchase Details

Closed on
Dec 20, 1996
Sold by
Barbieri Theresa A James G
Bought by
Maisto William G Armelia C

Purchase Details

Closed on
Nov 3, 1993
Sold by
Dallas Harris Real Estate Inc
Bought by
Barbieri Theresa A

Purchase Details

Closed on
Apr 1, 1993
Sold by
Auber Vincent W Wilma C Truste
Bought by
Dallas Harris Real Estate 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
Gearity Keith $325,000 None Available
Tysinger Scott Lee $262,000 None Available
Devita Peter M -- None Available
Devita Peter M $178,000 --
Key Colony/Covil Estates Hoa -- --
Maisto William G Armelia C $145,000 --
Barbieri Theresa A $115,000 --
Dallas Harris Real Estate Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gearity Keith $260,000
Previous Owner Tysinger Scott Lee $209,600
Previous Owner Devita Vivian $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $325,000 0.0% $182 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $325,000 -- $182 / 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 $1,704 $312,100 $90,600 $221,500
2022 $1,714 $312,100 $90,600 $221,500
2021 $1,721 $312,100 $90,600 $221,500
2020 $1,486 $235,000 $69,000 $166,000
2019 $1,486 $235,000 $69,000 $166,000
2018 $1,486 $235,000 $69,000 $166,000
2017 $1,522 $235,000 $69,000 $166,000
2016 $1,331 $192,100 $54,000 $138,100
2015 $1,237 $192,100 $54,000 $138,100
2014 $1,216 $192,100 $54,000 $138,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100227325

Hive MLS

APN: R04417-004-012-000