NOT LISTED FOR SALE

747 Grand Banks Dr Wilmington, NC 28412

Estimated Value: $429,000 - $456,000

3 Beds
2 Baths
1,319 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $285,000 $216 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,568/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • Carolina Beach Elementary School Rated A-
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of April 2020

Adorable coastal cottage in Snows Cut Landing just over the bridge from Carolina Beach. Features include 3 br, 2 bath with living, dining and kitchen all on one level. New luxury vinyl flooring on this level. Stairs inside that go down to 2 garages (27 ' and 19'' deep. Downstairs also has 603 additional finished square feet (not included in square footage) with a mini split and laundry area on this level. This room would make a great man cave or kid's playroomLocated on one of the larger lots in development. Oversized double car garage. Low maintenance vinyl siding, irrigation system with separate well, fireplace in living room and volume ceilings. Great open floor plan. A door off the master upstairs or the laundry room downstairs leads to a private back yard with wooden patio for grilling. Large side yard and storage building for the lawn mower etc. A perfect home close to the beach but no city taxes. Palm trees and live oaks and fenced in back and side yard. One look and you will fall in love.

Last Agent to Sell the Property

John Theodorakis

Intracoastal Realty Corp License #289057 Listed on: 03/24/2020

Intracoastal Realty Corp

Last Buyer's Agent

Vickie Adcox

Port City Properties, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,342

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 107x114x119x95
  • Property fronts a private road
  • Wood Fence
  • Sprinkler System
  • Property is zoned R-15

HOA Fees

  • $44 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,319 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Community Sewer or Septic

Community Details

  • Snows Cut Landing Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R08500-002-158-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,342

Year Built

Built in 2005

Lot Details

0

HOA Fees

$44 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: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, LVT/LVP
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Solid Surface, Sprinkler System, Gas Logs, Pantry, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 145.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bonus Room Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: First
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1319.00
  • Sq Ft Heated Separate: 603.00
  • Total Heated Primary Separate Sq Ft: 1922.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Wood
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Community System
  • Service Providers Water Provider: Aqua North Carolina
  • Utilities: Community Sewer, Community Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Roads, Street Lights
  • HOAAssociationFee1Year: 525.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2534.00
  • Lot Acres: 0.25
  • Lot Dimensions: 107x114x119x95
  • Lot Number: 1
  • Lot Sq Ft: 10890.00
  • Plat Book: 47
  • Plat Page: 303
  • Zoning: R-15

Tax Info

  • Tax Identifier: R08500-002-158-000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 1342.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Apr 14, 2020
Sold by
Courie Phillip Drake
Bought by
Pearson Richard Dale and Cancio Angela Maria
Seller's Agent
John Theodorakis
Intracoastal Realty Corp
Buyer's Agent
Vickie Adcox
Port City Properties, Inc
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Current Estimated Value
$443,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,145
Avg. Annual Appreciation
8.57%
Original Mortgage
$285,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2012
Sold by
Croom Connie and Frances Croom Young Trust
Bought by
Drake Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pearson Richard Dale $285,000 None Available
Drake Phillip $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Richard Dale $286,000
Closed Pearson Richard Dale $285,000
Previous Owner Drake Phillip $163,200
Previous Owner Young Johnny M $135,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $285,000 +1.8% $216 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $279,900 -- $212 / 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 $1,538 $284,700 $76,500 $208,200
2022 $1,549 $284,700 $76,500 $208,200
2021 $1,567 $284,700 $76,500 $208,200
2020 $1,342 $212,200 $44,800 $167,400
2019 $1,342 $212,200 $44,800 $167,400
2018 $1,342 $212,200 $44,800 $167,400
2017 $1,374 $212,200 $44,800 $167,400
2016 $1,109 $160,100 $38,400 $121,700
2015 $1,031 $160,100 $38,400 $121,700
2014 $1,013 $160,100 $38,400 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100210772

Hive MLS

APN: R08500-002-158-000