NOT LISTED FOR SALE

Estimated Value: $348,000 - $375,000

3 Beds
2 Baths
1,588 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $159,000 $100 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,379/month

93 Days on Market

Highlights

  • Formal Dining Room
  • Resident Manager or Management On Site
  • Maintained Community
  • Living Room
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2014

Adorable updated patio home. Great open floor plan with a gorgeous kitchen. Perfect for the buyers who want easy single story living. Extremely bright with a wall of windows and glass doors which open up to a completely private patio, fenced in with masonry. Convenient location 2.8 miles to the hospital,1.4 miles to Halyburton park's hiking trails. Less then 10 min to beaches and historic downtown. Spacious and comfortable.

Last Agent to Sell the Property

Christina Erichsen

BlueCoast Realty Corporation License #245247 Listed on: 04/17/2014

Last Buyer's Agent

David Small

Laney Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 2000

Lot Details

  • 436 Sq Ft Lot
  • Brick Fence

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Termite Clearance

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Summerlin Falls Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,815

Year Built

Built in 2000

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • List Price per Sq Ft: 104.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1588.00
  • Total Heated Primary Separate Sq Ft: 1588.00

Exterior Features

  • Fencing: Brick
  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Water, Trash, Termite Bond, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3360.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 870.00
  • Lot Acres: 0.01
  • Lot Dimensions: Irregular
  • Lot Number: 1
  • Lot Sq Ft: 436.00
  • Special Assessments: $300 for lights. Sellers have
  • Zoning: MF-L

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
Jul 15, 2014
Sold by
Lynch Neal and Lynch Mya
Bought by
Murrain Ivy
Seller's Agent
Christina Erichsen
BlueCoast Realty Corporation
Buyer's Agent
David Small
Laney Real Estate Co.
List Price
$176,000
Sold Price
$159,000
Premium/Discount to List
-$17,000
-9.66%
Current Estimated Value
$367,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,284
Avg. Annual Appreciation
7.75%
Original Mortgage
$161,000
Outstanding Balance
$124,178
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$243,106

Purchase Details

Closed on
Dec 14, 2012
Sold by
Three Palm Properties Llc
Bought by
Lynch Neal and Lynch Mya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,457
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Jul 13, 2011
Sold by
Lynch Neal
Bought by
Three Palms Properties Llc

Purchase Details

Closed on
May 12, 2005
Sold by
Johnston Eric G and Johnston Deborah A
Bought by
Lynch Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,590
Interest Rate
5.98%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2000
Sold by
Sunrise Homes Inc
Bought by
Johnston Eric G Deborah A

Purchase Details

Closed on
Aug 16, 1999
Sold by
Landmark Developers Inc
Bought by
Sunrise Homes Inc

Purchase Details

Closed on
Jul 19, 1999
Sold by
Landmark Land & Timber Inc
Bought by
Landmark Developers 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
Murrain Ivy $159,000 None Available
Lynch Neal -- None Available
Three Palms Properties Llc -- --
Lynch Neal $167,000 None Available
Johnston Eric G Deborah A $135,500 --
Sunrise Homes Inc -- --
Landmark Developers Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murrain Ivy $161,000
Previous Owner Lynch Neal $153,457
Previous Owner Lynch Neal $170,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $159,000 -9.7% $100 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $176,000 -- $111 / 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 $1,815 $412,800 $93,500 $319,300
2023 $1,815 $208,600 $50,700 $157,900
2022 $1,773 $208,600 $50,700 $157,900
2021 $1,785 $208,600 $50,700 $157,900
2020 $1,865 $177,000 $30,000 $147,000
2019 $1,865 $177,000 $30,000 $147,000
2018 $1,865 $177,000 $30,000 $147,000
2017 $1,865 $177,000 $30,000 $147,000
2016 $1,184 $106,900 $25,000 $81,900
2015 $1,132 $106,900 $25,000 $81,900
2014 $1,084 $106,900 $25,000 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30504742

Hive MLS

APN: R06520-013-039-000