NOT LISTED FOR SALE

925 Spring Valley Rd Wilmington, NC 28405

Estimated Value: $323,000 - $366,000

4 Beds
1.5 Baths
1,445 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $103,900 $72 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $1,954/month

32 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Living Room
  • Holly Shelter Middle School Rated 9+
  • Brick Exterior Construction
  • Laundry Room

About This Home

As of February 2012

JUST REDUCED!!! Prime Investment opportunity on this spacious 4 bed 1.5 bath BRICK ranch on half acre fenced lot. Wired detached garage & storage shed. Sunroom not included in square footage. Convenient location just outside City Limits. Close to I-40, UNCW, Historic Downtown, beaches, airport, & medical facilities. NO City Taxes or HOA. This is a Fannie Mae Homepath Property. Purchase this property for as little as 3% down. Property is approved for Homepath Mortgage financing and Homepath Renovation Mortgage financing. Eligibilty restrictions apply.

Last Agent to Sell the Property

Charlie Jones

Charles Jones Realty, Inc. License #182641 Listed on: 12/15/2011

Last Buyer's Agent

Rainelle Mishoe

Intracoastal Realty Corp License #48956

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 63x275x168x104
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned R-10

Home Design

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

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Kings Grant Subdivision

Listing and Financial Details

  • Tax Lot 1017

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.49 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher
  • List Priceper Sq Ft: 69.13
  • New Construction: No
  • Year Built: 1978
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1445.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1445.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: Back Yard, Chain Link
  • Foundation: Slab
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Heated Sq Ft: 0 - 200, 1400 - 1599
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2386.00
  • Lot Acres: 0.49
  • Lot Dimensions: 63x275x168x104
  • Lot Number: 1017
  • Lot Sq Ft: 21344.00
  • Zoning: R-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2011
Closed on
Jan 26, 2012
Sold by
Fannie Mae
Bought by
Lucas Charles Garland and Lucas Mary Katherine
Seller's Agent
Charlie Jones
Charles Jones Realty, Inc.
Buyer's Agent
Rainelle Mishoe
Intracoastal Realty Corp
List Price
$129,900
Sold Price
$103,900
Premium/Discount to List
-$26,000
-20.02%
Current Estimated Value
$351,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,606
Avg. Annual Appreciation
9.01%
Original Mortgage
$100,783
Outstanding Balance
$69,061
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$282,445

Purchase Details

Closed on
Aug 3, 2011
Sold by
Gray Ronald W and Gray Patricia M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 3, 2006
Sold by
Gray Gavin T and Gray Ronald W
Bought by
Gray Ronald W and Gray Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 27, 2002
Sold by
Daly George F Marian L
Bought by
Gray Ronald W Patricia M

Purchase Details

Closed on
May 4, 1995
Sold by
Oconnell William R Ii Doris
Bought by
Daly George F Marian L

Purchase Details

Closed on
Jul 1, 1987
Sold by
Norris Michael G Patricia
Bought by
Oconnell William R Ii Doris

Purchase Details

Closed on
Jan 1, 1986
Sold by
Ray Kenneth M Cathy A
Bought by
Norris Michael G Patricia

Purchase Details

Closed on
Jan 1, 1977
Bought by
Ray Kenneth M Cathy A
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
Lucas Charles Garland -- None Available
Federal National Mortgage Association $161,689 None Available
Gray Ronald W -- None Available
Gray Ronald W Patricia M $105,000 --
Daly George F Marian L $76,500 --
Oconnell William R Ii Doris $54,000 --
Norris Michael G Patricia $49,500 --
Ray Kenneth M Cathy A $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Charles Garland $100,783
Previous Owner Gray Ronald W $146,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $103,900 -20.0% $72 / Sq Ft
01/16/2012 01/16/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $129,900 -- $90 / Sq Ft
Source: Hive MLS

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 $1,502 $377,300 $135,300 $242,000
2024 $1,332 $240,800 $79,300 $161,500
2023 $1,326 $240,800 $79,300 $161,500
2022 $1,338 $240,800 $79,300 $161,500
2021 $1,330 $240,800 $79,300 $161,500
2020 $1,078 $170,500 $47,300 $123,200
2019 $1,078 $170,500 $47,300 $123,200
2018 $1,078 $170,500 $47,300 $123,200
2017 $1,104 $170,500 $47,300 $123,200
2016 $930 $134,200 $40,500 $93,700
2015 $864 $134,200 $40,500 $93,700
2014 $849 $134,200 $40,500 $93,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Charlie Jones

    Charles Jones Realty, Inc.

    (910) 538-8093

    58 Total Sales

    Charlie Jones
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Map

Source: Hive MLS

MLS Number: 30470891

Hive MLS

APN: R04215-004-007-000

North Carolina New Hanover County Wilmington 28405

925 Spring Valley Rd, Wilmington, NC

Not Listed for Sale

Detached

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