NOT LISTED FOR SALE

Estimated Value: $251,000 - $320,847

3 Beds
2 Baths
1,289 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $250,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,496/month

77 Days on Market

Highlights

  • Corner Lot
  • Solid Surface Countertops
  • Formal Dining Room
  • Myrtle Grove Middle School Rated 9+
  • No HOA
  • Thermal Windows

About This Home

As of January 2024

Wonderful opportunity to own a brand new home located on the south side of Wilmington across the street from Howe Pre-School. This corner lot is well planned, providing off street parking, back yard space for dogs, kids, or just hanging out, and a covered front porch. The interior provides LVP flooring throughout with tile in the bathrooms. Bath #2 has roll in shower and room for wheelchair access/turnaround. There is a front and side entrance door as well. The kitchen features a full suite of appliances and solid surface countertops. A gas water heater helps conserve energy. This home would easily accommodate a handicapped individual with ramp at the front door, 36'' doors, and tile roll in shower in the guest bath. This is a land trust property that only conveys the improvements, not the land. There is a $50/month rental fee for the land with a 99 year lease.Down payment assistance is available through the City of Wilmington and other loan products to make this an affordable home for the right person(s). Buyer must earn less than 80% AMI.

Last Agent to Sell the Property

Jody Wainio

Keller Williams Innovate-Wilmington License #117999 Listed on: 08/28/2023

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Tamala Wallace

Wallace Realty Services License #244569

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 2023

Lot Details

  • 3,136 Sq Ft Lot
  • Lot Dimensions are 29x109
  • Corner Lot
  • Property is zoned R-5

Home Design

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

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

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

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Patio
  • Porch

Schools

  • Forest Hills Elementary School
  • Myrtle Grove Middle School
  • Hoggard High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05414-008-020-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2023
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Smoke Detectors, Solid Surface, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 193.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1289.00
  • Total Heated Primary Separate Sq Ft: 1289.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • 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: Natural Gas
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 817.00
  • Lot Acres: 0.07
  • Lot Description: Corner Lot
  • Lot Dimensions: 29x109
  • Lot Sq Ft: 3136.00
  • Lot Water Features: None
  • Special Assessments: None Known
  • Zoning: R-5

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R05414-008-020-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 329.55

MLS Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Jan 29, 2024
Sold by
Cape Fear Community Land Trust Inc
Bought by
Gause Latoria C
Seller's Agent
Jody Wainio
Keller Williams Innovate-Wilmington
Buyer's Agent
Tamala Wallace
Wallace Realty Services
List Price
$307,000
Sold Price
$250,000
Premium/Discount to List
-$57,000
-18.57%
Views
110
Current Estimated Value
$283,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,212
Avg. Annual Appreciation
3.08%
Original Mortgage
$50,000
Outstanding Balance
$49,358
Interest Rate
6.61%
Estimated Equity
$213,386

Purchase Details

Closed on
Jan 13, 2023
Sold by
Cape Fear Community Land Trust
Bought by
City Of Wilmington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,328
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2017
Sold by
City Of Wilmington
Bought by
Cape Fear Community Land Trust Inc

Purchase Details

Closed on
Dec 9, 2009
Sold by
Bradley Mamie H
Bought by
The City Of Wilmington

Purchase Details

Closed on
Sep 23, 1998
Sold by
Bradley Mamie
Bought by
Bradley Mamie Hrs

Purchase Details

Closed on
Jan 1, 1998
Sold by
Bradley Plumer
Bought by
Bradley Mamie

Purchase Details

Closed on
Feb 14, 1948
Sold by
Shain Isaac
Bought by
Bradley Plumer Mamie
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
Gause Latoria C $250,000 None Listed On Document
City Of Wilmington $289,328 --
Cape Fear Community Land Trust Inc -- None Available
The City Of Wilmington $11,000 None Available
Bradley Mamie Hrs -- --
Bradley Mamie -- --
Bradley Plumer Mamie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gause Latoria C $50,000
Open Gause Latoria C $136,000
Previous Owner City Of Wilmington $289,328
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $250,000 0.0% $194 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $250,000 -18.6% $194 / Sq Ft
08/28/2023 08/28/23 For Sale $307,000 -- $238 / 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 $0 $39,000 $39,000 $0
2022 $0 $39,000 $39,000 $0
2021 $0 $39,000 $39,000 $0
2020 $0 $23,500 $23,500 $0
2019 $0 $23,500 $23,500 $0
2018 $0 $23,500 $23,500 $0
2017 $0 $23,500 $23,500 $0
2016 $0 $24,400 $24,400 $0
2015 -- $24,400 $24,400 $0
2014 -- $24,400 $24,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100402182

Hive MLS

APN: R05414-008-020-000