NOT LISTED FOR SALE

87 Net Ln Wilmington, NC 28412

Longleaf Park Neighborhood

Estimated Value: $340,000 - $548,000

6 Beds
6 Baths
2,280 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2016

Last sale price $175,000 $77 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,535 / mo

74 Days on Market

Highlights

  • Attic
  • No HOA
  • Tile Flooring
  • End Unit
  • Accessible Entrance
  • Central Air

About This Home

As of August 2016

Attention investors--Features include serene private setting,secure fenced area for both units,large parking area, and it has an excellent elementary school ''the Mary C Williams school, close by. Tenants have been there 2 years, and 3 years respectively. Both units in great shape.

Last Agent to Sell the Property

Bill Sewell

Sewell Realty Group License #128713 Listed on: 04/19/2016

Last Buyer's Agent

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 9,583 Sq Ft Lot
  • End Unit
  • Street terminates at a dead end
  • Wood Fence
  • Chain Link Fence

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Electric Oven
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Tile

Accessible Home Design

  • Accessible Entrance

Schools

  • Williams Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R06505-012-037-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Subdivision
  • Park Manager: No

Building Details

  • Gross Income $1,750

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 2007
  • Property Sub Type: Duplex
  • Appliances: Electric Oven
  • Original List Price: 185900.00
  • Accessibility Features: Accessible Entrance
  • Unit Levels: End Unit
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 81.54
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Interior Amenities: Master Downstairs, Wash/Dry Connect
  • Stories: 2
  • Fireplace Features: None
  • Has Fireplace?: No
  • Bathrooms Total Source: MLS
  • Attic Features: Access Only

Exterior Features

  • Exterior Features: None, End Unit
  • Exterior Finish: Vinyl Siding
  • Fencing: Chain Link, Wood
  • Roof: Shingle
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Shared Driveway

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Has H O A?: No

Fee Information

  • Park Manager Name: No

Schools

  • Elementary School: Williams
  • High School: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 5357
  • Deed Page: 924.00
  • Zoning: 0
  • Lot Features: Dead End
  • Lot Size Acres: 0.22
  • Lot Size: Irregular
  • Lot Size Sq Ft: 9583.00
  • Purchase Contract Date: 2016-07-02
  • Parcel#: R06505-012-037-000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: No

Tax Info

  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: R06505-012-037-000
  • Tax Other Assessment Amount Frequency: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2019
Sold by
Raynor Geoffrey C and Raynor Deborah C
Bought by
Raynor Geoffrey C and Raynor Deborah C
Current Estimated Value
$440,008

Purchase Details

Listed on
Apr 19, 2016
Closed on
Aug 3, 2016
Sold by
Whitham Blair Jay
Bought by
Browning Robert M and Browning Susan D
Seller's Agent
Bill Sewell
Sewell Realty Group
Buyer's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
List Price
$195,900
Sold Price
$175,000
Premium/Discount to List
-$20,900
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$122,000
Outstanding Balance
$97,330
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$342,678

Purchase Details

Listed on
Jun 7, 2012
Closed on
Aug 27, 2012
Sold by
First Federal Bank
Bought by
Whitham Blair Jay
Seller's Agent
Bob McCorkle
Intracoastal Realty Corp
Buyer's Agent
Hope Hackler
Coldwell Banker Sea Coast Advantage
List Price
$63,000
Sold Price
$60,000
Premium/Discount to List
-$3,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.22%

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jul 2, 2012
Sold by
First Federal Bank
Bought by
Raynor Geoff C
Seller's Agent
Bob McCorkle
Intracoastal Realty Corp
Buyer's Agent
Hope Hackler
Coldwell Banker Sea Coast Advantage
List Price
$63,000
Sold Price
$60,000
Premium/Discount to List
-$3,000
-4.76%

Purchase Details

Closed on
Feb 16, 2012
Sold by
2870 Worth Drive Llc
Bought by
First Federal Savings & Loan Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Raynor Geoffrey C -- None Available
Raynor Deborah C -- None Available
Browning Robert M $175,000 None Available
Whitham Blair Jay $60,000 None Available
Raynor Geoff C $63,000 None Available
First Federal Savings & Loan Association $131,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Robert M $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2016 08/05/16 Sold $175,000 -10.7% $77 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $195,900 +226.5% $86 / Sq Ft
08/27/2012 08/27/12 Sold $60,000 -4.8% $30 / Sq Ft View Prior Sale
07/27/2012 07/27/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $63,000 -- $31 / Sq Ft
Source: Hive MLS

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 $2,232 $379,300 $114,900 $264,400
2023 $2,479 $293,400 $63,500 $229,900
2022 $2,494 $293,400 $63,500 $229,900
2021 $2,511 $293,400 $63,500 $229,900
2020 $1,387 $131,700 $9,000 $122,700
2019 $1,387 $131,700 $9,000 $122,700
2018 $1,041 $131,700 $9,000 $122,700
2017 $1,387 $131,700 $9,000 $122,700
2016 $2,042 $184,300 $8,100 $176,200
2015 $1,952 $184,300 $8,100 $176,200
2014 $1,869 $184,300 $8,100 $176,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill Sewell

    Sewell Realty Group

    (919) 961-3765

    181 Total Sales

    Bill Sewell
    Section Image

  • E

    Buyer's Agent in 2016

    Ed Wagenseller

    Keller Williams Innovate-Wilmington

  • B

    Seller's Agent in 2012

    Bob McCorkle

    Intracoastal Realty Corp

    (910) 256-4503

    101 Total Sales

    Bob McCorkle
    Section Image

  • H

    Buyer's Agent in 2012

    Hope Hackler

    Coldwell Banker Sea Coast Advantage

    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100009425

Hive MLS

APN: R06505-012-037-000

North Carolina New Hanover County Wilmington 28412 Longleaf Park

87 Net Ln, Wilmington, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC

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