NOT LISTED FOR SALE

Estimated Value: $305,000 - $355,000

3 Beds
2 Baths
1,211 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $204,000 $168 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,189/month

60 Days on Market

Highlights

  • 1 Fireplace
  • Patio
  • Tile Flooring
  • Walk-In Closet
  • Resident Manager or Management On Site
  • Central Air

About This Home

As of April 2021

Nestled in the heart of Midtown Wilmington, this 3 bedroom, 2 bath Townhouse offers maintenance free easy living. Summerlin falls is a well established community with cozy, manageable residences attached with private walled patio's and courtyards. Community is adjacent to the Pointe, offering close proximity to several locally owned restaurants. This particular unit has been nicely updated to include new roof, new living room sliders, new kitchen cabinets and appliances, tiled flooring, and fresh paint throughout. Take this opportunity to enjoy this wonderfully well kept Midtown Wilmington home!

Last Agent to Sell the Property

Andrew Kelly

Nest Realty License #238211 Listed on: 12/31/2020

Nest Realty

Last Buyer's Agent

Brad Jones Jones Property Group

Coldwell Banker Sea Coast Advantage-CB

Coldwell Banker Sea Coast Advantage-CB

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 1995

Lot Details

  • 2,178

HOA Fees

  • $318 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,211 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Tile Flooring
  • Termite Clearance
  • Laundry in Hall

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Patio
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number R06520-012-005-000

Community Details

Overview

  • Summerlin Falls Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,365

Year Built

Built in 1995

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Pantry
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 181.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1211.00
  • Total Heated Primary Separate Sq Ft: 1211.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle, Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • 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: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Termite Bond, Water, Trash, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3816.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 476.00
  • Lot Acres: 0.05
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 2178.00
  • Plat Book: Of Record
  • Plat Page: Of Record
  • Special Assessments: None Known
  • Zoning: MF-L

Tax Info

  • Tax Identifier: R06520-012-005-000
  • Tax Year: 2020

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 19, 2021
Sold by
Kotchick Gloria R and Kotchick Eugene
Bought by
Lorusso Lori V
Seller's Agent
Andrew Kelly
Nest Realty
Buyer's Agent
Brad Jones Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
List Price
$220,000
Sold Price
$204,000
Premium/Discount to List
-$16,000
-7.27%
Current Estimated Value
$318,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,143
Avg. Annual Appreciation
9.94%
Original Mortgage
$193,800
Outstanding Balance
$177,111
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,692

Purchase Details

Closed on
Dec 3, 2002
Sold by
Simcoe Ronald B Jane B W
Bought by
Jones Gloria R

Purchase Details

Closed on
Jan 21, 1998
Sold by
Landmark Homes Inc
Bought by
Simcoe Ronald B Jane B W

Purchase Details

Closed on
Sep 4, 1996
Sold by
Fortress Landmark Inc
Bought by
Landmark Homes Inc

Purchase Details

Closed on
Dec 29, 1995
Sold by
Landmark Developers Inc
Bought by
Landmark Homes Ins

Purchase Details

Closed on
Nov 13, 1995
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
Lorusso Lori V $204,000 None Available
Jones Gloria R $112,000 --
Simcoe Ronald B Jane B W $115,000 --
Landmark Homes Inc -- --
Fortress Landmark Inc $7,566,500 --
Landmark Homes Ins -- --
Landmark Developers Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorusso Lori V $193,800
Previous Owner Jones Gloria R $87,371
Previous Owner Kotchick Gloria R $96,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $204,000 -7.3% $168 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $220,000 -- $182 / 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 $1,365 $156,900 $37,900 $119,000
2022 $1,334 $156,900 $37,900 $119,000
2021 $1,343 $156,900 $37,900 $119,000
2020 $1,518 $144,100 $30,000 $114,100
2019 $1,518 $144,100 $30,000 $114,100
2018 $1,518 $144,100 $30,000 $114,100
2017 $1,518 $144,100 $30,000 $114,100
2016 $1,172 $105,800 $25,000 $80,800
2015 $1,120 $105,800 $25,000 $80,800
2014 $1,073 $105,800 $25,000 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100250599

Hive MLS

APN: R06520-012-005-000