$515,000
SOLD FEB 13, 2025
3 Beds
3 Baths
2,107 Sq Ft
0.34 Acres

Recently Sold

$244 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2025

Welcome home to The Cape! With spacious lots, low taxes, beautiful amenities, and a short drive to the beach...this is beach living at its finest! This well-maintained home sits high on a spacious lot, giving you peace of mind and room to spread out. A gracious living room welcomes you with vaulted ceilings and a cozy fireplace. The kitchen is a cook's delight; bright and open with a center island, gas stove, and a bar area perfect for family and friends to lounge and chat while you cook. The dining room offers a gorgeous custom-built wine bar and refrigerator. All rooms flow seamlessly out to the large back deck with built-in bench seating, offering a wonderful entertaining space which continues out to a charming fire pit conversation area. The wired workshop is heated and cooled with a screened porch and a second floor storage room and could easily be converted to a great guest house. A generator offers extra peace-of-mind and a double-gated fence offers easy access to the back yard and a place to park your trailer or toys. At the end of the day retreat to your spacious suite in the main-level primary with dual vanities, walk-in shower, and walk-in closet. An additional walk-in closet in the hall offers great extra storage or a nice solution for those desiring his and her closets. There is another full bath in the hall, adjacent the second bedroom, along with a spacious laundry room. On the upper level you will find another gracious bedroom complete with its own en-suite bath and walk-in closet.This warm family home offers an amazing lifestyle at a really great price for the Wilmington area-make it yours today!

Last Agent to Sell the Property

Lynne Galloway

Landmark Sotheby's International Realty License #251704 Listed on: 12/13/2024

Landmark Sotheby's International Realty

Last Buyer's Agent

Rainey Simmons

Salt Water Real Estate LLC License #315823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x148
  • Property fronts a private road
  • Fenced Yard
  • Property is zoned R-15

HOA Fees

  • $64 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,107 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Workshop
  • Crawl Space
  • Storage In Attic
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Whole House Permanent Generator
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number R08413-003-010-000

Community Details

Overview

  • The Cape HOA, Phone Number (910) 395-0081
  • The Cape Subdivision
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,473

Year Built

Built in 1993

Lot Details

0

HOA Fees

$64 per month

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: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1993
  • Trash Collection: Other
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Workshop, Whole-Home Generator, Walk-In Closet, Walk-in Shower, Solid Surface, Security System, Gas Logs, Kitchen Island, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 207.35
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Separate Living Spcs Addl Sep Bldg Desc: workshop/guest house
  • Sq Ft Heated: 2107.00
  • Sq Ft Heated Separate: 425.00
  • Total Heated Primary Separate Sq Ft: 2532.00

Exterior Features

  • Exterior Features: Gas Logs
  • Exterior Finish: Wood Siding
  • Exterior Structures: Workshop
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, See Remarks, Porch, Deck
  • Road Type Frontage: Private
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Bar Refrigerator, Dishwasher, Wall Oven, Stove/Oven - Electric, Cooktop - Gas
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Management, Maint - Roads, Community Pool
  • HOAAssociationFee1Year: 770.00
  • HOAAssociationName: The Cape HOA
  • HOAAssociationPhone: 9103950081

Lot Info

  • Deed Page: 330.00
  • Lot Acres: 0.34
  • Lot Description: See Remarks
  • Lot Dimensions: 100x148
  • Lot Number: 154
  • Lot Sq Ft: 14854.00
  • Lot Water Features: None
  • Plat Book: 22
  • Plat Page: 34
  • Zoning: R-15

Green Features

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

Tax Info

  • Tax Identifier: R08413-003-010-000
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 1472.93

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Feb 10, 2025
Sold by
Erickson Kent Wayne and Erickson Kathryn Bennett
Bought by
Jolly Michael S and Jolly Tonya M
Seller's Agent
Lynne Galloway
Landmark Sotheby's International Realty
Buyer's Agent
Rainey Simmons
Salt Water Real Estate LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
27
Current Estimated Value
$510,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,223
Avg. Annual Appreciation
-1.30%
Original Mortgage
$496,588
Outstanding Balance
$495,757
Interest Rate
6.91%
Mortgage Type
VA
Estimated Equity
$15,557

Purchase Details

Closed on
Apr 30, 2010
Sold by
Erickson Kent Wayne
Bought by
Erickson Kent Wayne and Erickson Kathryn Bennett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 3, 1997
Sold by
Erickson Kent W Dana W
Bought by
Erickson Kent Wayne

Purchase Details

Closed on
Mar 2, 1992
Sold by
Sakwa Sydney M Sandra A
Bought by
Erickson Kent W Dana W

Purchase Details

Closed on
Nov 1, 1983
Sold by
Carolina Resorts
Bought by
Sakwa Sydney M Sandra A

Purchase Details

Closed on
Jan 1, 1983
Bought by
Carolina Resorts
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 None Listed On Document
Warranty Deed $515,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $16,000 --
Deed $16,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,588 VA
Closed $496,588 VA
Previous Owner $518,274 New Conventional
Previous Owner $150,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Previous Owner $194,400 New Conventional
Previous Owner $32,000 Credit Line Revolving
Previous Owner $208,400 New Conventional
Previous Owner $239,500 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $112,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $515,000 -1.9% $244 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $525,000 -- $249 / 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
2024 $1,547 $281,900 $69,500 $212,400
2023 $1,541 $281,900 $69,500 $212,400
2022 $1,555 $281,900 $69,500 $212,400
2021 $1,555 $281,900 $69,500 $212,400
2020 $1,472 $232,800 $46,400 $186,400
2019 $1,472 $232,800 $46,400 $186,400
2018 $1,472 $232,800 $46,400 $186,400
2017 $1,507 $232,800 $46,400 $186,400
2016 $1,343 $193,800 $45,000 $148,800
2015 $1,248 $193,800 $45,000 $148,800
2014 $1,227 $193,800 $45,000 $148,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100479958

Hive MLS

APN: R08413-003-010-000