NOT LISTED FOR SALE

8801 Olympic Ln Wilmington, NC 28411

Estimated Value: $779,545 - $901,000

3 Beds
2.5 Baths
3,336 Sq Ft
$251/Sq Ft Est. Value

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Corner Lot
  • Porters Neck Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of August 2023

Gorgeous home in the sought after community of Bishops Park in Porters Neck. This 4 bedroom/2.5 bath home with 3 car garage has all of the space you are looking for. Open to the great room, the updated kitchen is highlighted by stainless steel appliances (including a wine fridge), beautiful granite countertops, abundant cabinetry/counter space/storage, a kitchen island and eat at bar. Large great room with built in cabinets and gas fireplace overlooks the patio and backyard from 3 french doors. A formal sunken living room and additional den are just off the foyer. The primary bedroom featuring a tray ceiling completes the downstairs. The primary bathroom has a jetted tub, walk-in tile shower and closet system. Upstairs includes the additional full bathroom and 2 bedrooms. The 4th bedroom is a large room with painted subflooring. It could be a great 4th bedroom, studio or recreation room. An additional storage or workshop (wired) is in the attic of the attached single bay garage. Access to the Porters Neck boat ramp is included.

Last Agent to Rent the Property

Lori Williams

Intracoastal Realty Rentals License #232764 Listed on: 07/26/2023

Intracoastal Realty Rentals

Co-Listed By

Jud Davis

Intracoastal Realty Rentals License #219156

Last Renter's Agent

Lori Williams

Intracoastal Realty Rentals License #232764 Listed on: 07/26/2023

Intracoastal Realty Rentals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1997

Lot Details

  • 0.45 Acre Lot
  • Corner Lot
  • Irrigation

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Patio
  • Porch

Schools

  • Porters Neck Elementary School
  • Holly Shelter Middle School
  • Laney High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Porters Neck Plantation Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, lawn maint, pest control, sewer, trash removal, water
  • The owner pays for hoa
  • No Smoking Allowed
  • 12 Month Lease Term
  • $80 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,734

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Pets: Negotiable
  • Owner Pays: HOA
  • Lease Terms: 1 Year Lease
  • Tenant Pays: Electricity, Gas, Lawn Maint, Pest Control, Sewer, Trash Removal, Water
  • Pet Deposit: No
  • Pet Deposit Refundable: No
  • Pet Fees: Yes
  • Security Deposit: Yes
  • Smoking: No

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Handicap Accessible: None
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1997
  • Trash Collection: Private Service
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Bookcases, Ceiling - Trey, Ceiling - Vaulted, Ceiling Fan(s), Gas Logs, Kitchen Island, Pantry, Skylights, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 11
  • Storage: Storage Room

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Pool Spa: None

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Refrigerator, Wall Oven, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Ramp

Condo/Co-op/Association

  • Application Fee: 80.00
  • Pets Allowed: Dogs Ok, Negotiable

Schools

  • Elementary School: Porters Neck
  • Middle School: Holly Shelter
  • High School: Laney

Lot Info

  • Lot Acres: 0.45
  • Lot Description: Corner Lot
  • Lot Sq Ft: 19733.00
  • Lot Water Features: None

MLS Schools

  • Elementary School: Porters Neck
  • High School: Laney
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2007
Sold by
Stott Douglas L
Bought by
Stott Douglas L
Current Estimated Value
$837,136

Purchase Details

Closed on
Jun 9, 2006
Sold by
Russo Thomas M and Russo Joan K
Bought by
Stott Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1998
Sold by
Porters Neck Company Inc
Bought by
Bishops Park Hoa Inc

Purchase Details

Closed on
Jan 18, 1996
Sold by
Porters Neck Company Inc
Bought by
Russo Thomas M Joan K

Purchase Details

Closed on
Sep 27, 1989
Sold by
Porters Neck Associates
Bought by
Porters Neck Company Inc
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
Stott Douglas L -- None Available
Stott Douglas L $540,000 None Available
Bishops Park Hoa Inc -- --
Russo Thomas M Joan K $55,000 --
Porters Neck Company Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas L Stott Revocable Living Trust $243,500
Closed Stott Douglas L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Rented $3,200 0.0% --
07/26/2023 07/26/23 For Rent $3,200 -- --
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 $2,734 $510,200 $129,800 $380,400
2022 $2,759 $510,200 $129,800 $380,400
2021 $2,805 $510,200 $129,800 $380,400
2020 $2,713 $428,900 $118,500 $310,400
2019 $2,713 $428,900 $118,500 $310,400
2018 $2,713 $428,900 $118,500 $310,400
2017 $2,777 $428,900 $118,500 $310,400
2016 $2,891 $417,200 $118,500 $298,700
2015 $2,687 $417,200 $118,500 $298,700
2014 $2,641 $417,200 $118,500 $298,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100396501

Hive MLS

APN: R02918-001-001-000