NOT LISTED FOR SALE

Estimated Value: $445,000 - $610,000

2 Beds
2 Baths
2,631 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $234,900 $89 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,031/month

28 Days on Market

Highlights

  • 2.67 Acre Lot
  • Wood Flooring
  • No HOA
  • Deck
  • Main Floor Primary Bedroom
  • Workshop

About This Home

As of May 2014

Beautiful setting for this unique Log Home with soaring Cathedral Ceilings and two story stone wood burning Fireplace. Kitchen is open to the great room with lots of windows to admire the serene surroundings. Two full Baths are tiled. There is a separate workshop and two Bay Garage totaling 2400 s/f fully heated and cooled. There is a 1200 s/f lean to on the front that has several work stations. There are two additional out buildings, one a storage shed and the other a chicken coop. This property is eligible under the Freddie Mac First Look Initiative through 04/14/2014.

Last Agent to Sell the Property

Pearl West

West Agency LLC License #183470 Listed on: 03/25/2014

Last Buyer's Agent

Terry Milam

Berkshire Hathaway HomeServices Carolina Premier Properties License #65749

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2.67 Acre Lot
  • Property is zoned RA

Parking

  • 2 Parking Spaces

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,631 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Living Room
  • Workshop
  • Crawl Space
  • Home Security System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 1234
  • Assessor Parcel Number 3312-34-8024-0000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Basement: None
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 195.00
  • Directions To Property: From 117 N turn left onto Camp Kirkwood Road to left onto Van Edan Road to left onto Emma Rooks Road to left on N Chase Road. Property will be on your right.
  • Fireplace: None
  • Foundation: Crawl Space
  • H O A: No
  • Listing I D: 30503600
  • List Priceper Sq Ft: 89.28
  • Location Type: Mainland
  • Lot Acres: 2.67
  • Lot Dimensions: Irregular
  • Lot Number: 1234
  • Lot Sq Ft: 116305.00
  • Marketing City: Wilmington
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Porch
  • Pre Direction: N
  • Presale: No
  • School District: Pender
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Existing Well
  • Sign On Property: Yes
  • Sq Ft Heated: 2631.00
  • State Province: NC
  • Stipulation Of Sale: REO
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 3312-34-8024-0000
  • Terms: Cash, USDA Loan, VA Loan, FHA
  • Total Heated Primary Separate Sq Ft: 2631.00
  • Year Built: 2007
  • Zoning: RA
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Security System, Workshop
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Log
  • Exterior Structures: Storage, Workshop
  • Roof: Metal

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00

Utilities

  • Heated Sq Ft: 2600 - 2799
  • Heating System: Forced Air
  • Utilities: Septic On Site, Well Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
May 22, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Olson Justin N and Olson Melissa A
Seller's Agent
Pearl West
West Agency LLC
Buyer's Agent
Terry Milam
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$234,900
Sold Price
$234,900
Current Estimated Value
$539,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,747
Avg. Annual Appreciation
7.40%
Original Mortgage
$242,651
Outstanding Balance
$185,205
Interest Rate
4.37%
Mortgage Type
VA
Estimated Equity
$354,442

Purchase Details

Closed on
Mar 11, 2014
Sold by
Greenway Mark E and Greenway Dana D
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olson Justin N -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corporation $190,661 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Justin N $242,651
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $234,900 0.0% $89 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $234,900 -- $89 / 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
2024 $2,839 $283,724 $33,350 $250,374
2023 $2,839 $283,724 $33,350 $250,374
2022 $2,596 $283,724 $33,350 $250,374
2021 $2,596 $283,724 $33,350 $250,374
2020 $2,596 $283,724 $33,350 $250,374
2019 $2,596 $283,724 $33,350 $250,374
2018 $2,851 $323,416 $18,938 $304,478
2017 $2,851 $323,416 $18,938 $304,478
2016 $2,883 $323,416 $18,938 $304,478
2015 -- $323,416 $18,938 $304,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30503600

Hive MLS

APN: 3312-33-7967-0000