NOT LISTED FOR SALE

925 Lorraine Dr Wilmington, NC 28412

Estimated Value: $299,000 - $380,555

4 Beds
3 Baths
1,616 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $371,000 $230 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,959/month

37 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Covered Patio or Porch
  • Myrtle Grove Middle School Rated 9+
  • No HOA
  • Laundry Room

About This Home

As of February 2024

Imagine living in this wonderful home newly renovated in desirable Arrowhead neighborhood! This 4 bedroom, 3 FULL BATH bright & airy home has it all! Includes NEW kitchen w quartz counters, stainless appliances, luxurious baths, new light & plumbing fixtures throughout, designer paint, and the list goes on! Home has either 2 Master Bedrooms; 1 upstairs, 1 downstairs OR a 2nd den downstairs. Large screened porch overlooking nice lot w plenty of backyard privacy w so many options! Charming neighborhood centrally located- only minutes to beaches, shopping, UNCW & downtown Wilmington. Professionally restored by HomeVestors. VACANT so easy to see most anytime. Your family's dreams begin here!

Last Agent to Sell the Property

Richard Morgan

Clear Blue Real Estate, LLC License #248022 Listed on: 12/18/2023

Last Buyer's Agent

Amelia Yancey

BlueCoast Realty Corporation License #337112

BlueCoast Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Chain Link Fence
  • Property is zoned R-10

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Williams Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Additional Features

  • Covered Patio or Porch
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Arrowhead Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07511-003-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1979

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: One and One Half
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Smoke Detectors
  • List Price per Sq Ft: 232.92
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Second
  • Other Level: Main
  • Sq Ft Heated: 1616.00
  • Total Heated Primary Separate Sq Ft: 1616.00

Exterior Features

  • Exterior Finish: Brick, Vinyl Siding
  • Fencing: Chain Link, Partial
  • Foundation: Crawl Space, Slab
  • Porch Balcony Deck: Covered, Patio, Porch, Screened
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Concrete, On Site

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 546.00
  • Lot Acres: 0.33
  • Lot Dimensions: IRR
  • Lot Sq Ft: 14244.00
  • Plat Book: 6655
  • Plat Page: 546
  • Zoning: R-10

Tax Info

  • Tax Identifier: R07511-003-002-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 970.28

MLS Schools

  • Elementary School: Williams
  • High School: Ashley
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 19, 2024
Sold by
Homebuyers Of Wilmington Llc
Bought by
Butler Kerry and Butler Bruce Irwin
Seller's Agent
Richard Morgan
Clear Blue Real Estate, LLC
Buyer's Agent
Amelia Yancey
BlueCoast Realty Corporation
List Price
$410,400
Sold Price
$371,000
Premium/Discount to List
-$39,400
-9.6%
Views
591
Current Estimated Value
$344,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,861
Avg. Annual Appreciation
-1.36%
Original Mortgage
$335,775
Outstanding Balance
$331,820
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$31,515

Purchase Details

Closed on
Aug 2, 2023
Sold by
Morgan Kelly A
Bought by
Homebuyers Of Wilmington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,094
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 19, 2014
Closed on
Jul 30, 2015
Sold by
Negron Yvonne C
Bought by
Morgan Kelly A
Seller's Agent
Eliza Santos
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Paul Snider
Realty World-Cape Fear
List Price
$179,900
Sold Price
$154,500
Premium/Discount to List
-$25,400
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$156,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 19, 2014
Closed on
Jul 15, 2015
Sold by
Rostek Yvonne C Negron and Rostek Marlon J
Bought by
Morgan Kelly A
Seller's Agent
Eliza Santos
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Paul Snider
Realty World-Cape Fear
List Price
$179,900
Sold Price
$154,500
Premium/Discount to List
-$25,400
-14.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2010
Sold by
Santos Garrido Eliza and Garrido Jose R
Bought by
Negron Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2003
Sold by
Evans Donald W Kay W
Bought by
Santos Garrido Eliza Jose R

Purchase Details

Closed on
Jun 1, 1986
Sold by
Evans Donald W Martha T
Bought by
Evans Donald W

Purchase Details

Closed on
Aug 1, 1979
Bought by
Evans Donald W Martha T
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
Butler Kerry $371,000 None Listed On Document
Homebuyers Of Wilmington Llc -- None Listed On Document
Morgan Kelly A $154,500 --
Morgan Kelly A $154,500 None Available
Negron Yvonne C $150,000 None Available
Santos Garrido Eliza Jose R $116,000 --
Evans Donald W -- --
Evans Donald W Martha T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Kerry $335,775
Previous Owner Homebuyers Of Wilmington Llc $262,094
Previous Owner Morgan Kelly A $1,827
Previous Owner Morgan Kelly A $156,500
Previous Owner Negron Yvonne C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $371,000 -1.4% $230 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $376,400 -5.5% $233 / Sq Ft
01/08/2024 01/08/24 Price Changed $398,400 -2.9% $247 / Sq Ft
12/18/2023 12/18/23 For Sale $410,400 +165.6% $254 / Sq Ft
07/31/2015 07/31/15 Sold $154,500 -14.1% $86 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
03/19/2014 03/19/14 For Sale $179,900 -- $100 / 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 $1,052 $185,700 $68,600 $117,100
2022 $1,047 $185,700 $68,600 $117,100
2021 $1,029 $185,700 $68,600 $117,100
2020 $1,008 $159,300 $44,000 $115,300
2019 $1,008 $159,300 $44,000 $115,300
2018 $1,008 $159,300 $44,000 $115,300
2017 $1,031 $159,300 $44,000 $115,300
2016 $990 $142,900 $49,500 $93,400
2015 $920 $142,900 $49,500 $93,400
2014 $905 $142,900 $49,500 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100419008

Hive MLS

APN: R07511-003-002-000