NOT LISTED FOR SALE

7503 Peters Ln Wilmington, NC 28411

Estimated Value: $439,000 - $471,000

4 Beds
3 Baths
2,256 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $247,000 $109 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,504/month

22 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Covered Patio or Porch
  • Porters Neck Elementary School Rated A-
  • Home Office
  • Fenced Yard

About This Home

As of April 2018

You couldn't ask for a better location for this home, that is minutes to Mayfair shopping and the white sand beaches at Wrightsville Beach. This lovely home comes with 4 bedrooms, 3 full bathrooms, plus bonus room that can be used as an office or additional bedroom, two-car garage. Great open floor plan with spacious living room that has a vaulted ceiling. Oversized covered patio and privacy fence makes the backyard perfect for entertaining.

Last Agent to Sell the Property

Nilesh Jethwa

Nest Realty License #253305 Listed on: 01/26/2018

Nest Realty

Last Buyer's Agent

Gerardo Andrade

STA Realty LLC License #295030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 2002

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 115 x 151 x 97 x 148
  • Property fronts a private road
  • Fenced Yard
  • Property is zoned R-15

Home Design

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

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Home Office
  • Carpet
  • Laundry in Hall

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Orchard Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number R03600-001-026-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,576

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hall
  • List Price per Sq Ft: 106.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: Second
  • Sq Ft Heated: 2256.00
  • Total Heated Primary Separate Sq Ft: 2256.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Appliances Equipment: None
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 2583.00
  • Lot Acres: 0.37
  • Lot Dimensions: 115 x 151 x 97 x 148
  • Lot Sq Ft: 16117.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R03600-001-026-000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Bascom Melissa A
Bought by
Andrade Gerardo Jose and Andrade Yusleidi J
Current Estimated Value
$453,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$257,744
Interest Rate
4.98%
Mortgage Type
New Conventional
Estimated Equity
$195,467

Purchase Details

Closed on
May 4, 2022
Sold by
Myatt William D
Bought by
Bascom Melissa A

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 30, 2018
Sold by
Arroyo Samantha Connor and Arroyo Michael Peter
Bought by
Myatt William D and Bascom Melissa A
Seller's Agent
Nilesh Jethwa
Nest Realty
Buyer's Agent
Gerardo Andrade
STA Realty LLC
List Price
$239,900
Sold Price
$247,000
Premium/Discount to List
$7,100
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$247,000
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 1, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Arroyo Samantha Connor and Arroyo Michael Peter
Seller's Agent
Greg Ismay
Triangle Home Team, LLC
Buyer's Agent
Steve Gaconnier
BlueCoast Realty Corporation
List Price
$19,250,000
Sold Price
$186,900
Premium/Discount to List
-$19,063,100
-99.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$175,408
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Edwards Zane K and Surey Michael J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 28, 2006
Sold by
Bryan Clay L
Bought by
Edwards Zane K and Surey Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Harris Residential Const Llc
Bought by
Bryan Clay L

Purchase Details

Closed on
Nov 4, 1998
Sold by
Harris Residential Const Llc
Bought by
Peters Lane Owners Assoc Inc

Purchase Details

Closed on
May 12, 1997
Sold by
Dlh Development Co Llc
Bought by
Harris Residential Const Llc

Purchase Details

Closed on
Aug 24, 1995
Sold by
Dallas Harris Real Est Con Inc
Bought by
Dlh Development Co Llc
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
Andrade Gerardo Jose $375,000 --
Bascom Melissa A -- None Listed On Document
Myatt William D $247,000 None Available
Arroyo Samantha Connor -- None Available
Federal Home Loan Mortgage Corporation $155,104 None Available
Edwards Zane K $275,000 None Available
Bryan Clay L $30,000 --
Peters Lane Owners Assoc Inc $3,000 --
Harris Residential Const Llc -- --
Dlh Development Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Gerardo Jose $300,000
Previous Owner Myatt William D $247,000
Previous Owner Arroyo Samantha Connor $175,408
Previous Owner Edwards Zane K $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2018 04/02/18 Sold $247,000 +3.0% $109 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $239,900 +28.4% $106 / Sq Ft
07/16/2012 07/16/12 Sold $186,900 -99.0% $85 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $19,250,000 -- $8,790 / 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 $1,576 $433,100 $125,900 $307,200
2023 $1,576 $287,600 $71,300 $216,300
2022 $1,585 $287,600 $71,300 $216,300
2021 $1,587 $287,600 $71,300 $216,300
2020 $1,397 $220,800 $42,800 $178,000
2019 $1,397 $220,800 $42,800 $178,000
2018 $1,397 $220,800 $42,800 $178,000
2017 $1,430 $220,800 $42,800 $178,000
2016 $1,423 $205,300 $42,800 $162,500
2015 $1,322 $205,300 $42,800 $162,500
2014 $1,300 $205,300 $42,800 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100097766

Hive MLS

APN: R03600-001-026-000