NOT LISTED FOR SALE

7718 Lost Tree Rd Wilmington, NC 28411

Estimated Value: $574,000 - $688,000

3 Beds
2.5 Baths
2,500 Sq Ft
$251/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $347,000 $139 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,662/month

98 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • 1 Fireplace
  • Ogden Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2019

Big Country Home in Wilmington with 3 bedrooms but tons of extra space between the FROG and third story finished attic. Two staircases. The one stair case goes to the 3 bedrooms. The other stair case goes to the FROG. Granite counters, crown molding through-out, formal dining room, hardwoods, fireplace, and French Doors leading out to the sunroom to overlook the 2/3 of an acre lot. No HOA allows you to store your boat where needed and for $50 a year you get access to the community boat slip. Mayfaire, Wrightsville Beach, and boating access are all within minutes. Rarity to get this size house on this much land in Wilmington.

Last Agent to Sell the Property

Michael Rheel

Berkshire Hathaway HomeServices Carolina Premier Properties License #288975 Listed on: 09/05/2018

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Heather Smith

Keller Williams Innovate-Pleasure Island License #258040

Keller Williams Innovate-Pleasure Island

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1990

Lot Details

  • 0.74 Acre Lot
  • Wood Fence

Home Design

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

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space
  • Permanent Attic Stairs
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Well
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Bayshore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R03619-015-007-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1990

Lot Details

0

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: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Perm
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Pantry, Smoke Detectors, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 147.96
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2500.00
  • Total Heated Primary Separate Sq Ft: 2500.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch, Enclosed
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Fuel Tank: None, Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Well Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Ramp

Lot Info

  • Deed Page: 2691.00
  • Lot Acres: 0.74
  • Lot Dimensions: Irr
  • Lot Sq Ft: 32234.00
  • Lot Water Features: Deeded Water Access, Water Access Comm
  • Zoning: R

Tax Info

  • Tax Identifier: R03619-015-007-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 1850.00

MLS Schools

  • Elementary School #2: Eaton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 21, 2018
Sold by
Furgerson Charles and Furgerson Tami
Bought by
Meredith Alisa M
Seller's Agent
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Heather Smith
Keller Williams Innovate-Pleasure Island
List Price
$375,000
Sold Price
$347,000
Premium/Discount to List
-$28,000
-7.47%
Current Estimated Value
$627,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,198
Avg. Annual Appreciation
9.30%
Original Mortgage
$277,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2014
Closed on
Nov 21, 2014
Sold by
Craig Jack R and Craig Pamela C
Bought by
Furgerson Charles and Furgerson Tami
Seller's Agent
Eva Elmore
Intracoastal Realty Corp
Buyer's Agent
Jack Gale
Coldwell Banker Sea Coast Advantage
List Price
$312,900
Sold Price
$289,000
Premium/Discount to List
-$23,900
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$231,200
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2013
Sold by
Andrews Reach Developers Llc
Bought by
Craig Jack R and Craig Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 1990
Sold by
Bayshore Estates Inc
Bought by
Craig Jack R Iii Pamela C

Purchase Details

Closed on
May 1, 1961
Bought by
Bayshore Estates Inc
Source: Public Records

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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
Meredith Alisa M $347,000 None Available
Furgerson Charles $289,000 None Available
Craig Jack R $140,000 None Available
Craig Jack R Iii Pamela C $27,500 --
Bayshore Estates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meredith Alisa M $273,000
Closed Meredith Alisa M $277,600
Previous Owner Furgerson Charles $231,200
Previous Owner Craig Jack R $490,000
Previous Owner Craig Jack R $160,000
Previous Owner Craig Jack R $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $347,000 -7.5% $139 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $375,000 +29.8% $150 / Sq Ft
11/25/2014 11/25/14 Sold $289,000 -7.6% $109 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $312,900 -- $118 / 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 $2,016 $371,700 $138,300 $233,400
2023 $2,016 $371,700 $138,300 $233,400
2022 $2,029 $371,700 $138,300 $233,400
2021 $2,047 $371,700 $138,300 $233,400
2020 $1,823 $288,200 $78,800 $209,400
2019 $1,823 $288,200 $78,800 $209,400
2018 $1,823 $288,200 $78,800 $209,400
2017 $1,866 $288,200 $78,800 $209,400
2016 $1,826 $263,500 $78,800 $184,700
2015 $1,697 $263,500 $78,800 $184,700
2014 $1,668 $263,500 $78,800 $184,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100133644

Hive MLS

APN: R03619-015-007-000