NOT LISTED FOR SALE

7118 Key Point Dr Wilmington, NC 28405

Estimated Value: $512,806 - $628,000

3 Beds
2.5 Baths
1,805 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $326,500 $181 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,378/month

3 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • M.C.S. Noble Middle School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of November 2018

Come home to this move-in ready patio home, ideally situated on an elevated lot, fully fenced backyard, boasting both ambiance and privacy. Located in sought after Key Colony, off Covil Farm Road, close to Wrightsville Beach and Mayfaire shopping center. A bright and cheery sunroom opens to the rear patio/courtyard (including three Alison glass doors) inviting you to relax under the lighted arbor, or sit by the built-in gas fire pit. This remodeled home features 3 bedrooms and 2.5 baths, so there is plenty of room for your family and friends to enjoy coastal living at its finest! Updated kitchen includes granite counter tops and back splash, in addition to stainless steel appliances and breakfast bar overlooking the kitchen and dining areas. The open floor

Last Agent to Sell the Property

Sarah Harris

Intracoastal Realty Listed on: 10/07/2018

Intracoastal Realty

Last Buyer's Agent

Ian Rosenbaum

Fathom Realty NC, LLC License #263575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,726

Year Built

  • Built in 1994

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x133x68x133
  • Fenced Yard
  • Property is zoned R-15

HOA Fees

  • $172 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,805 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number R04417-004-017-000

Community Details

Overview

  • Covil Estates Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,726

Year Built

Built in 1994

Lot Details

0

HOA Fees

$172 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: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 182.27
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1805.00
  • Total Heated Primary Separate Sq Ft: 1805.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Composition, Wood Siding
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Refrigerator, Dryer, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Trash, Tennis Court(s), Community Pool, Management, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 2064.00

Lot Info

  • Deed Page: 2380.00
  • Lot Acres: 0.20
  • Lot Dimensions: 65x133x68x133
  • Lot Number: 17
  • Lot Sq Ft: 8712.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R04417-004-017-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2018
Closed on
Nov 7, 2018
Sold by
Bennett John E and Bennett Dawn W
Bought by
Purvis Heather
Seller's Agent
Sarah Harris
Intracoastal Realty
Buyer's Agent
Ian Rosenbaum
Fathom Realty NC, LLC
List Price
$329,000
Sold Price
$326,500
Premium/Discount to List
-$2,500
-0.76%
Current Estimated Value
$566,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,952
Avg. Annual Appreciation
8.49%
Original Mortgage
$261,200
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2016
Sold by
Austin Charles Mark and Austin Linda H
Bought by
Bennett John E and Bennett Dawn W

Purchase Details

Closed on
Sep 29, 2014
Sold by
Austin Linda H
Bought by
Mark And Linda Austin Trust

Purchase Details

Closed on
Aug 27, 2012
Sold by
Traflet Michael S Donna S
Bought by
Pike Amy Huggins Trustee Fbo

Purchase Details

Closed on
Jul 14, 2006
Sold by
Rhodes Paul W and Rhodes Marguerite L
Bought by
Traflet Michael S and Traflet Donna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

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
Sep 13, 1996
Sold by
Hawley Eric W
Bought by
Rhodes Paul W Marguerite L

Purchase Details

Closed on
Apr 27, 1994
Sold by
Dallas Harris Real Estate Inc
Bought by
Hawley Eric W

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
Purvis Heather $326,500 None Available
Bennett John E $290,000 None Available
Mark And Linda Austin Trust -- None Available
Pike Amy Huggins Trustee Fbo $230,000 --
Traflet Michael S $286,000 None Available
Key Colony/Covil Estates Hoa -- --
Rhodes Paul W Marguerite L $146,500 --
Hawley Eric W -- --
Hawley Eric W $127,500 --
Dallas Harris Real Estate Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purvis Heather K $260,089
Closed Purvis Heather $261,200
Previous Owner Traflet Michael S $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $326,500 -0.8% $181 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/07/2018 10/07/18 For Sale $329,000 -- $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 $1,726 $316,300 $91,700 $224,600
2022 $1,736 $316,300 $91,700 $224,600
2021 $1,744 $316,300 $91,700 $224,600
2020 $1,517 $239,800 $69,000 $170,800
2019 $1,517 $239,800 $69,000 $170,800
2018 $1,517 $239,800 $69,000 $170,800
2017 $1,553 $239,800 $69,000 $170,800
2016 $1,358 $195,900 $54,000 $141,900
2015 $1,262 $195,900 $54,000 $141,900
2014 $1,240 $195,900 $54,000 $141,900
Source: Public Records

Agents Affiliated with this Home

  • Sarah Harris

    Seller's Agent in 2018

    Sarah Harris

    Intracoastal Realty

    (910) 209-2535

    348 Total Sales

    Sarah Harris
    Section Image

  • I

    Buyer's Agent in 2018

    Ian Rosenbaum

    Fathom Realty NC, LLC

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Map

Source: Hive MLS

MLS Number: 100135834

Hive MLS

APN: R04417-004-017-000

North Carolina New Hanover County Wilmington 28405

7118 Key Point Dr, Wilmington, NC

This home is located at 7118 Key Point Dr, Wilmington, NC 28405 since 07 October 2018 and is currently estimated at $566,452, approximately $313 per square foot. This property was built in 1994. 7118 Key Point Dr is a home located in New Hanover County with nearby schools including John J. Blair Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

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