NOT LISTED FOR SALE

7124 Key Point Dr Wilmington, NC 28405

Estimated Value: $552,464 - $658,000

3 Beds
2.5 Baths
2,001 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2020

Last sale price $340,000 $170 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,538 / mo

219 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 February 2020

RELAX! HOA cuts your front lawn while YOU enjoy life at coveted COVIL ESTATES. Minutes to Mayfair, Wrightsville Beach, I-40, the Cross-City Trail. WOW! One level patio home boasts vaulted ceilings, split bedroom plan, dining room, stone fireplace, large kitchen - lots of cabinets! Love the community pool, tennis courts, and clubhouse. Private fenced back yard. Walk out onto the deck from 2 bedrooms or the sunroom. Enjoy a good book in the privacy of the gazebo. Window World warranty on windows and patio sliding doors (installed in 2005) transfers. Custom storm shutters, two year old roof, five year old HVAC. HOA to paint the exterior of all homes in 2020. What a beauty to call home!

Last Agent to Sell the Property

Shay Perryman

Coastal ERA License #211792 Listed on: 05/17/2019

Last Buyer's Agent

Sean Skutnik

Coldwell Banker Sea Coast Advantage-Leland License #243785

Coldwell Banker Sea Coast Advantage-Leland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 22x19x163x132x139
  • Cul-De-Sac
  • Wood Fence
  • Property is zoned R-15

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,001 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 20R
  • Assessor Parcel Number R04417-004-020-000

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

Year Built

Built in 1994

Lot Details

0.27 Acres

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Dishwasher
  • List Priceper Sq Ft: 174.86
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: Key Colony
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Parquet, Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Master, Foyer, Walk-In Closet, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom1 Level: Main
  • Bedroom2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sunroom Level: Main
  • Sq Ft Heated: 2001.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 2001.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane, Thermal Windows
  • Exterior Finish: Composition
  • Exterior Structures: Gazebo, Storage
  • Fencing: Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 2000 - 2199
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Taxes, Trash, Tennis Court(s), Maint - Comm Areas, Management, Maint - Roads, Community Pool
  • H O A Association Fee1 Year: 2160.00
  • H O A H O A1 Mgmt Company: CEPCO

Fee Information

  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: Bug-N-A-Rug
  • Home Warranty Termite Company Phone: (910)254-9443

Lot Info

  • Cobra Zone: No
  • Deed Page: 809.00
  • Lot Acres: 0.27
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 22x19x163x132x139
  • Lot Number: 20R
  • Lot Sq Ft: 11761.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R04417-004-020-000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Feb 3, 2020
Sold by
Krupp Marga
Bought by
Gillilan Matthew R and Gillilan Rachel Needham
Seller's Agent
Shay Perryman
Coastal ERA
Buyer's Agent
Sean Skutnik
Coldwell Banker Sea Coast Advantage-Leland
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Current Estimated Value
$587,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,616
Avg. Annual Appreciation
9.32%
Original Mortgage
$232,000
Outstanding Balance
$205,532
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$382,084

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
Nov 29, 1994
Sold by
Dal Har Construction Inc
Bought by
Krupp Marga

Purchase Details

Closed on
Feb 28, 1994
Sold by
Auber Wilma C Trustee Etal
Bought by
Dallas Harris Real Estate Inc

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillilan Matthew R $340,000 None Available
Key Colony/Covil Estates Hoa -- --
Krupp Marga $155,500 --
Dal Har Construction Inc -- --
Dallas Harris Real Estate Inc $11,000 --
Dallas Harris Real Estate Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillilan Matthew R $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2020 02/06/20 Sold $340,000 -6.8% $170 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $365,000 -- $182 / 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 $2,314 $591,900 $246,100 $345,800
2023 $1,912 $353,000 $102,500 $250,500
2022 $1,450 $353,000 $102,500 $250,500
2021 $1,445 $353,000 $102,500 $250,500
2020 $1,474 $233,000 $69,000 $164,000
2019 $1,474 $233,000 $69,000 $164,000
2018 $1,474 $233,000 $69,000 $164,000
2017 $1,509 $233,000 $69,000 $164,000
2016 $1,362 $196,600 $54,000 $142,600
2015 $1,266 $196,600 $54,000 $142,600
2014 $1,244 $196,600 $54,000 $142,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Shay Perryman

    Coastal ERA

  • Sean Skutnik

    Buyer's Agent in 2020

    Sean Skutnik

    Coldwell Banker Sea Coast Advantage-Leland

    (910) 279-1016

    1 in this area

    45 Total Sales

    Sean Skutnik
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Map

Source: Hive MLS

MLS Number: 100165974

Hive MLS

APN: R04417-004-020-000

North Carolina New Hanover County Wilmington 28405

7124 Key Point Dr, Wilmington, NC

Not Listed for Sale

Detached

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