NOT LISTED FOR SALE

8824 Olympic Ln Wilmington, NC 28411

Estimated Value: $858,355 - $940,000

4 Beds
3.5 Baths
3,663 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $580,000 $158 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,264/month

9 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Deck
  • Porters Neck Elementary School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of December 2020

This beautiful 4 bedroom 3 1/2 bath bungalow style home is filled with many unique Craftsman details. Situated on a cul-de-sac in the tree-lined neighborhood of Bishops Park in Porters Neck Plantation. Upon entering the large welcoming foyer, you will notice the special details including Brazilian cherry hardwood floors, columns, arched entryways to the living room, office with french doors, as well as the formal dining room. The formal dining room boasts coffered ceilings, wainscoting wall, built in glass shelves and wooden shutters. The open concept living room includes a large fireplace with wooden mantel, skylights, ceiling fan and large windows. Living room area opens up to the kitchen area which is the perfect space for entertaining and family gatherings. The large kitchen has an oversized island with quartz countertops, stainless steel appliances, tile backsplash, swinging door to the dining room, large walk-in pantry as well as two antique pendants from an early 1900 NC textile factory. Also on the first floor you'll find the master suite which includes a large walk-in closet, wooden shutters, bathroom with tiled shower, double vanity sink and door leading to the back deck.An additional bedroom on the first floor would make the perfect guest suite with full bath and private door to the office or extra den. The upstairs consists of 2 bedrooms, full bath, and a studio space which can be used as a playroom, exercise room, or an extra office/den.Additionally you'll find an oversized bonus room with new carpet, built in shelves and loads of storage space. The large fenced-in private backyard is the perfect place to enjoy the variety of mature hardwoods in a park like setting. Enjoy the tranquility from the oversized deck or screened-in porch with ceiling fans and grilling area. Living in Porters Neck, you will enjoy all of the amenities offered including a private waterfront park/picnic area, deeded water rights with boat ramp to the Intracoastal waterway,

Last Agent to Sell the Property

Tory Kuehner

Compass Carolinas LLC License #301672 Listed on: 11/05/2020

Compass Carolinas LLC

Last Buyer's Agent

Jennifer Bullock Team

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 2000

Lot Details

  • 0.45 Acre Lot
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,663 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Crawl Space
  • Dryer

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Attic

  • Attic Floors
  • Storage In Attic

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Water Access
  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number R02918-002-007-000

Community Details

Overview

  • Porters Neck Plantation Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,974

Year Built

Built in 2000

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In, Floored
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile, Laminate
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Blinds/Shades, Vaulted Ceiling(s), Walk-In Closet(s), Walk-in Shower, Entrance Foyer, Pantry, Master Downstairs, High Ceilings, Ceiling Fan(s)
  • Laundry Location: In Hall
  • List Price per Sq Ft: 154.79
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 3663.00
  • Total Heated Primary Separate Sq Ft: 3663.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood, Full
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Screened, Enclosed, Deck
  • Road Type Frontage: Maintained, Private Road
  • Roof: Architectural Shingle, Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Water Softener, Vented Exhaust Fan, Refrigerator, Ice Maker, Electric Oven, Electric Cooktop, Dryer, Disposal
  • Cooling System: Central Air
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Street Lights, Taxes, Picnic Area, Ramp, Maint - Comm Areas, Management, Fitness Center, Community Pool
  • HOAAssociationFee1Year: 920.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 36.00
  • Lot Acres: 0.45
  • Lot Description: Cul-De-Sac
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 19711.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-20

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R02918-002-007-000
  • Tax Year: 2020

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 7, 2020
Sold by
Fuller Sean M and Fuller Lisa M
Bought by
Peeler William and Peeler Anna
Seller's Agent
Tory Kuehner
Compass Carolinas LLC
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$567,000
Sold Price
$580,000
Premium/Discount to List
$13,000
2.29%
Current Estimated Value
$902,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,089
Avg. Annual Appreciation
9.64%
Original Mortgage
$375,000
Outstanding Balance
$337,685
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$551,202

Purchase Details

Closed on
May 25, 2005
Sold by
Seward Kathy Ellen and Seward Duane Michael
Bought by
Fuller Sean M and Fuller Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,999
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2001
Sold by
Mcdonough Sean Janet Ann
Bought by
Seward Kathy Ellen Duane M

Purchase Details

Closed on
Oct 26, 2000
Sold by
Odell Amy M John A
Bought by
Mcdonough Sean

Purchase Details

Closed on
Dec 14, 1993
Sold by
Porters Neck Company Inc
Bought by
Odell Amy M

Purchase Details

Closed on
Feb 17, 1993
Sold by
Sigman Walter W Myrtle H
Bought by
Porters Neck Company Inc
Source: Public Records

Range of Values:

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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
Peeler William $580,000 None Available
Fuller Sean M $425,000 None Available
Seward Kathy Ellen Duane M $345,000 --
Mcdonough Sean $50,000 --
Odell Amy M $48,500 --
Porters Neck Company Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peeler William $375,000
Previous Owner Fuller Sean M $327,050
Previous Owner Fuller Sean M $298,482
Previous Owner Fuller Sean M $339,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $580,000 +2.3% $158 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $567,000 -- $155 / 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 $2,974 $555,100 $129,700 $425,400
2022 $2,971 $550,400 $129,700 $420,700
2021 $3,006 $546,900 $129,700 $417,200
2020 $2,601 $411,300 $118,400 $292,900
2019 $2,601 $411,300 $118,400 $292,900
2018 $2,601 $411,300 $118,400 $292,900
2017 $2,663 $411,300 $118,400 $292,900
2016 $2,495 $360,000 $118,400 $241,600
2015 $2,318 $360,000 $118,400 $241,600
2014 $2,279 $360,000 $118,400 $241,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100244475

Hive MLS

APN: R02918-002-007-000