NOT LISTED FOR SALE

7913 Banyan Trail Wilmington, NC 28411

Estimated Value: $1,078,000 - $1,183,000

4 Beds
3.5 Baths
3,634 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $785,000 $216 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,602/month

81 Days on Market

Highlights

  • Boat Dock
  • 0.72 Acre Lot
  • Main Floor Primary Bedroom
  • Porters Neck Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of October 2021

STUNNING brick home in the highly desirable WATERFRONT community of Avenel in Porters Neck. This custom home is where luxury meets function and sure to impress. Dramatic entry with double-sided fireplace welcomes you home. Formal living room and dining room, complete with built in buffet for serving and storage, provide extra space for entertaining. Tastefully updated kitchen features quartz counter top, glass back splash, breakfast bar, and large walk-in pantry with custom door. Relax with surround sound speakers in living room, master bedroom, master bathroom, and outside porch. Oversized room over the garage would make a perfect guest suite - room for bed, a sitting area, custom built-ins, a full bath and PRIVATE balcony. Storage space is abundant throughout the home and in the walk in attic. The large, professionally landscaped .72 acre lot lot exemplifies the WOW factor. Hardscaped with bbq grill & separate fire pit area. Circular stone patio adds to the outdoor living space off the large covered back porch. Plenty of parking in the circular driveway. The owners are meticulous about the upkeep of this home. New paint, new carpet, termite bond, newer TRANE HVAC, new roof, new well pump, crawlspace nice and dry with vapor barrier, new energy saving water heater, and rhino floor sealer on garage floor. The community waterfront includes a 28 slip marina, electricity and water, lighted pier, a large gazebo, fishing platform with fish cleaning station, kayak storage and ramp. Come enjoy the breathtaking sunrises and sunsets over the ICWW from the marina. Seller will pay up to $6000 to raise the flooring in the living room.

Last Agent to Sell the Property

Buddy Blake

Waypost Realty LLC Listed on: 06/10/2021

Co-Listed By

Cheryl Baucom

Waypost Realty LLC

Last Buyer's Agent

White Espinosa Singh Team

Coldwell Banker Sea Coast Advantage-CB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 1998

Lot Details

  • 0.72 Acre Lot
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Solid Surface Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Home Security

  • Intercom
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Well
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R03715-003-009-000

Community Details

Overview

  • Avenel Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,483

Year Built

Built in 1998

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen, Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, LVT/LVP, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 1st Floor Master, Skylights, Whirlpool, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Foyer, Pantry, Intercom/Music, Gas Logs, Blinds/Shades, Ceiling Fan(s), Ceiling - Trey, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 227.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Sq Ft Heated: 3634.00
  • Total Heated Primary Separate Sq Ft: 3634.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Patio, Porch, Covered
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Utilities: Municipal Sewer, Well Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Street Lights, Taxes, Ramp, Maint - Comm Areas, Management, Maint - Roads
  • HOAAssociationFee1Year: 1692.76

Lot Info

  • Deed Page: 137.00
  • Lot Acres: 0.72
  • Lot Dimensions: see tax records
  • Lot Sq Ft: 31363.00
  • Special Assessments: None Known
  • Zoning: R-20

Tax Info

  • Tax Identifier: R03715-003-009-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 3482.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Oct 12, 2021
Sold by
Quinones Jaime and Quinones Maribel
Bought by
Padgett Candy M and Padgett Daniel Billy
Seller's Agent
Buddy Blake
Waypost Realty LLC
Buyer's Agent
White Espinosa Singh Team
Coldwell Banker Sea Coast Advantage-CB
List Price
$850,000
Sold Price
$785,000
Premium/Discount to List
-$65,000
-7.65%
Current Estimated Value
$1,135,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,140
Avg. Annual Appreciation
9.47%
Original Mortgage
$628,000
Outstanding Balance
$578,479
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$532,597

Purchase Details

Closed on
Feb 20, 1996
Sold by
Portland Partners Ltd
Bought by
Quinones Jaime I Maribel

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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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
Padgett Candy M $785,000 None Available
Quinones Jaime I Maribel $80,000 --
Portland Partners Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Candy Michelle $143,400
Closed Padgett Candy M $80,000
Open Padgett Candy M $628,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $785,000 -4.8% $216 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $825,000 -2.9% $227 / Sq Ft
06/10/2021 06/10/21 For Sale $850,000 -- $234 / 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 $3,312 $619,800 $130,400 $489,400
2023 $3,306 $619,800 $130,400 $489,400
2022 $3,329 $618,300 $130,400 $487,900
2021 $2,548 $618,300 $130,400 $487,900
2020 $3,483 $550,600 $120,800 $429,800
2019 $3,483 $550,600 $120,800 $429,800
2018 $1,741 $550,600 $120,800 $429,800
2017 $3,565 $550,600 $120,800 $429,800
2016 $3,339 $481,800 $115,500 $366,300
2015 $3,103 $481,800 $115,500 $366,300
2014 $3,050 $481,800 $115,500 $366,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100275818

Hive MLS

APN: R03715-003-009-000