NOT LISTED FOR SALE

7220 Sherbon Way Wilmington, NC 28411

Estimated Value: $339,935 - $358,000

3 Beds
2 Baths
1,304 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $202,000 $155 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,973/month

26 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered Patio or Porch
  • Fenced Yard
  • Emma B. Trask Middle School Rated 9+
  • Formal Dining Room
  • Thermal Windows

About This Home

As of May 2018

Well maintained 3BR/2BA home with a 1 car garage is set at the end a cul-de-sac in the highly sought after Farrington Farms community. Qualifies for USDA financing! Inviting covered front porch & back yard patio with pergola offer great outdoor living spaces! This open floor plan offers a spacious living room and dining room adjacent to kitchen. Well-appointed kitchen features an abundance of cabinetry and counter space, raised bar for seating, granite counters, pantry & all stainless appliances are included! Master bedroom has a walk-in closet and a private bath with decorative vanity and walk-in shower. Also includes: 2 more spacious bedrooms, 2nd bath & laundry room. Extras: laminate and tile floors throughout, new interior paint, 9 foot ceilings through, spacious backyard

Last Agent to Sell the Property

Karen Schwartz

Coldwell Banker Sea Coast Advantage-Leland Listed on: 03/13/2018

Last Buyer's Agent

Kristin Freeman

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 2001

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 23x23x130x89x88x98
  • Cul-De-Sac
  • Fenced Yard
  • Wood Fence
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $21 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R04300-003-131-000

Community Details

Overview

  • Farrington Farms Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 2001

Lot Details

0

HOA Fees

$21 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: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Foyer, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • List Price per Sq Ft: 149.54
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1304.00
  • Total Heated Primary Separate Sq Ft: 1304.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, See Remarks, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Management
  • HOAAssociationFee1Year: 252.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 81.00
  • Lot Acres: 0.30
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 23x23x130x89x88x98
  • Lot Sq Ft: 13068.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R04300-003-131-000
  • Tax Year: 2017

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 8, 2018
Sold by
Choma Katie Lee and Choma Maddie Rose
Bought by
Leemhuis Shaun
Seller's Agent
Karen Schwartz
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
List Price
$195,000
Sold Price
$202,000
Premium/Discount to List
$7,000
3.59%
Current Estimated Value
$348,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,984
Avg. Annual Appreciation
7.65%
Original Mortgage
$204,040
Outstanding Balance
$175,471
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$173,513

Purchase Details

Closed on
Jul 5, 2016
Sold by
Choma Alice Marie
Bought by
Choma Alice Marie and Choma Katie Lee

Purchase Details

Closed on
Feb 12, 2009
Sold by
Shackel James Vincent and Shackel Karen Marie
Bought by
Choma Alice Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
Garner Kimmie Turner and Garner Chad
Bought by
Shackel James Vincent and Shackel Karen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2002
Sold by
Sunrise Homes Inc
Bought by
Turner Kimmie A

Purchase Details

Closed on
Oct 28, 1999
Sold by
Farrington Farms Develop Corp
Bought by
Sunrise Homes Inc

Purchase Details

Closed on
Oct 21, 1996
Sold by
Craven W Allen Gwen L
Bought by
Farrington Farms Develop Corp

Purchase Details

Closed on
Nov 14, 1995
Sold by
Gts Development Llc
Bought by
Farrington Farms Develop Corp
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
Leemhuis Shaun $202,000 None Available
Choma Alice Marie -- None Available
Choma Alice Marie $187,000 None Available
Shackel James Vincent $185,000 None Available
Turner Kimmie A $116,500 --
Sunrise Homes Inc $822,500 --
Farrington Farms Develop Corp $165,000 --
Farrington Farms Develop Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leemhuis Shaun $204,040
Previous Owner Choma Alice Marie $90,000
Previous Owner Shackel James Vincent $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2018 05/10/18 Sold $202,000 +3.6% $155 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $195,000 -- $150 / 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 $1,284 $342,100 $120,100 $222,000
2023 $1,284 $231,700 $66,600 $165,100
2022 $1,290 $231,700 $66,600 $165,100
2021 $1,281 $231,700 $66,600 $165,100
2020 $999 $157,900 $44,000 $113,900
2019 $999 $157,900 $44,000 $113,900
2018 $999 $157,900 $44,000 $113,900
2017 $1,022 $157,900 $44,000 $113,900
2016 $1,065 $153,700 $42,000 $111,700
2015 $990 $153,700 $42,000 $111,700
2014 $973 $153,700 $42,000 $111,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100105271

Hive MLS

APN: R04300-003-131-000