NOT LISTED FOR SALE

7912 Banyan Trail Wilmington, NC 28411

Estimated Value: $1,000,752 - $1,497,000

3 Beds
3.5 Baths
3,494 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $640,000 $183 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,167/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Deck
  • Porters Neck Elementary School Rated A-
  • Boat Dock
  • Wooded Lot

About This Home

As of August 2016

Southern charm exudes from this meticulously maintained traditional low country cedar shake home. Custom Built by David Lennard Builders on a stunning 3/4 acre wooded lot professionally landscaped by Tony Parker with Classic Design. This charming home is located in one of the most breathtaking waterfront access communities in Wilmington. The ICWW will beckon you daily as you stroll down to the community pier and relatively new Gazebo where fishing from the pier or fishing platform, kayaking, paddle boarding and relaxing are just a few of the many activities all in your backyard. Over 3400 square feet of detail and exquisite craftsmanship offering 4 bedrooms and 3.5 baths. Any chef will delight in the spacious kitchen with eating & gathering area just perfect for entertaining.

Last Agent to Sell the Property

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 07/13/2016

Intracoastal Realty Corp

Last Buyer's Agent

Lisa Sledzik

RE/MAX Essential License #217714

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 2002

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 179x168x161x148
  • Wooded Lot
  • Property is zoned R-20

HOA Fees

  • $103 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,494 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Shutters
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Attic Floors

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 317910.35.6998.000

Community Details

Overview

  • Avenel Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Waterfront Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 2002

Lot Details

0

HOA Fees

$103 per month

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: 2.0
  • Stories Levels: Two
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Skylights, Wash/Dry Connect, Walk-in Shower, Gas Logs, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 186.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: Second
  • Sq Ft Heated: 3494.00
  • Total Heated Primary Separate Sq Ft: 3494.00

Exterior Features

  • Exterior Features: Shutters - Functional
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Paved
  • Roof: Metal, Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, See Remarks, Trash, Taxes, Street Lights, Maint - Grounds, Management
  • HOAAssociationFee1Year: 1240.00

Lot Info

  • Deed Page: 414.00
  • Lot Acres: 0.60
  • Lot Description: Wooded
  • Lot Dimensions: 179x168x161x148
  • Lot Sq Ft: 26136.00
  • Lot Water Features: Deeded Water Access, Water Access Comm, Waterfront Comm, Deeded Water Rights
  • Zoning: R-20

Tax Info

  • Tax Identifier: 317910.35.6998.000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2948.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 23, 2016
Sold by
Lennard Oscar and Lennard Marilyn K
Bought by
Schwenger Robert S and Schwenger Deborah L
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Lisa Sledzik
RE/MAX Essential
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Current Estimated Value
$1,250,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,438
Avg. Annual Appreciation
7.69%
Original Mortgage
$324,950
Outstanding Balance
$263,211
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$979,581

Purchase Details

Closed on
Dec 11, 2002
Sold by
Khatib Adel Carol
Bought by
Lennard Oscar Marilyn K Rev Tr

Purchase Details

Closed on
Sep 9, 2002
Sold by
Khatib Adel Carol
Bought by
Lennard Oscar Marilyn Trust

Purchase Details

Closed on
Dec 8, 1998
Sold by
Portland Partners Ltd
Bought by
Khatib Adel Carol

Purchase Details

Closed on
Dec 1, 1988
Sold by
Portland Partners Ltd
Bought by
Portland Partners Ltd
Source: Public Records

Range of Values:

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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
Schwenger Robert S $649,500 None Available
Lennard Oscar Marilyn K Rev Tr -- --
Lennard Oscar Marilyn Trust $80,000 --
Khatib Adel Carol $60,000 --
Portland Partners Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwenger Robert S $324,950
Previous Owner Lennard Oscar $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $640,000 -1.5% $183 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $649,900 -- $186 / 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 -- $571,900 $119,600 $452,300
2022 $3,085 $571,900 $119,600 $452,300
2021 $3,605 $571,900 $119,600 $452,300
2020 $3,605 $569,900 $120,800 $449,100
2019 $3,605 $569,900 $120,800 $449,100
2018 $3,605 $569,900 $120,800 $449,100
2017 $3,690 $569,900 $120,800 $449,100
2016 $2,852 $411,500 $115,500 $296,000
2015 $2,948 $457,700 $115,500 $342,200
2014 $2,897 $457,700 $115,500 $342,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100021306

Hive MLS

APN: R03719-004-048-000