NOT LISTED FOR SALE

Estimated Value: $467,000 - $600,000

5 Beds
2 Baths
2,188 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $505,000 $231 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,215/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Solid Surface Countertops
  • Main Floor Primary Bedroom
  • Bonus Room
  • No HOA

About This Home

As of May 2022

This adorable Tudor cottage has been renovated and is ready for happy new homeowners! The stunning curb appeal exudes Southern charm and coupled with the mature landscape - it's a real stunner! But just wait until step inside from the front porch; prepare to be wowed with the fresh new interior & amazing natural light! Offering 5BR's plus a bonus room with 2 full baths, there is room here to stretch out! The beautiful hardwood floors flow throughout the property and have all just been refinished. The first level begins with entry into the living room with brick fireplace and access to a side covered porch - a great spot for your morning coffee! There is also a bright formal dining room complete w/ new light fixture. This room flows into the brand-new kitchen complete with new granite counters, SS appliances, new cabinets, pantry and LVP flooring. Be sure to note the more private side entrance with a new sharp black awning that leads into the generous laundry room/mud room with a custom built in pantry. There are 3 bedrooms on the ground level plus a full bath with new vanity and tiled/glass shower. Upstairs find 2 additional bedrooms and a full bath with tub/shower combo plus a bonus room - the perfect spot for a home office or craft room! There is plenty of off-street parking offered with the new gravel driveway! Excellent opportunity for a turn key home just minutes to shopping, restaurants, Wallace Park, coffee shop and Downtown ILM - schedule a visit and make it your home!

Last Agent to Sell the Property

Ashley Garner

Intracoastal Realty Corp License #158886 Listed on: 03/18/2022

Intracoastal Realty Corp

Last Buyer's Agent

Marcello Caliva

Intracoastal Realty Corp License #244672

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1949

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 65.08 x 202.54 x 65.14 x 206.72
  • Property is zoned R-10

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,188 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Princess Place Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R04820-003-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: LVT/LVP, Wood, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Pantry, Smoke Detectors, Solid Surface
  • Laundry Location: Room
  • List Price per Sq Ft: 223.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 5
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2188.00
  • Total Heated Primary Separate Sq Ft: 2188.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1075.00
  • Lot Acres: 0.31
  • Lot Dimensions: 65.08 X 202.54 X 65.14 X 206.72
  • Lot Number: 3
  • Lot Sq Ft: 13310.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R04820-003-008-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2520.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jun 22, 2022
Sold by
Bennett James T and Bennett Leslie P
Bought by
Emerson William P
Seller's Agent
Ashley Garner
Intracoastal Realty Corp
Buyer's Agent
Marcello Caliva
Intracoastal Realty Corp
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Current Estimated Value
$555,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,566
Avg. Annual Appreciation
2.66%

Purchase Details

Listed on
Aug 31, 2020
Closed on
Apr 6, 2021
Sold by
Chancy John F
Bought by
Bennett James T and Emerson Leslie P
Seller's Agent
Craig Yarboro
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Craig Yarboro
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.81%
Original Mortgage
$180,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2020
Sold by
George Rountree Investments Llc
Bought by
Chaney John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2002
Sold by
R & S Land Partnership
Bought by
George Rountree Invest Llc

Purchase Details

Closed on
Jan 1, 2001
Bought by
Carney I A

Purchase Details

Closed on
Mar 3, 1992
Sold by
Rsb Land Partnership
Bought by
R & S Land Partnership

Purchase Details

Closed on
Aug 8, 1990
Sold by
J D C America Inc
Bought by
Rsb Land Partnership

Purchase Details

Closed on
Jan 1, 1986
Sold by
Carney I A
Bought by
J D C America Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Emerson William P -- None Listed On Document
Bennett James T $360,000 None Available
Chaney John F $240,000 None Available
George Rountree Invest Llc -- --
Carney I A -- --
R & S Land Partnership -- --
Rsb Land Partnership $525,000 --
J D C America Inc $270,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett James T $180,000
Previous Owner Chaney John F $133,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $505,000 +3.1% $231 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $490,000 -6.7% $224 / Sq Ft
03/18/2022 03/18/22 For Sale $525,000 +45.8% $240 / Sq Ft
05/05/2021 05/05/21 Sold $360,000 -10.0% $151 / Sq Ft View Prior Sale
01/26/2021 01/26/21 Pending -- -- --
08/31/2020 08/31/20 For Sale $400,000 -- $167 / 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
2025 $3,550 $603,300 $120,900 $482,400
2024 $2,777 $319,200 $67,200 $252,000
2023 $2,777 $319,200 $67,200 $252,000
2022 $2,215 $260,600 $108,100 $152,500
2021 $2,520 $294,500 $108,100 $186,400
2020 $2,398 $227,600 $64,600 $163,000
2019 $2,398 $227,600 $64,600 $163,000
2018 $2,398 $227,600 $64,600 $163,000
2017 $2,398 $227,600 $64,600 $163,000
2016 $2,788 $251,600 $90,800 $160,800
2015 $2,664 $251,600 $90,800 $160,800
2014 $2,551 $251,600 $90,800 $160,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317718

Hive MLS

APN: R04820-003-008-000