NOT LISTED FOR SALE

947 Downey Branch Ln Wilmington, NC 28403

Devon Park Neighborhood

Estimated Value: $265,000 - $275,000

3 Beds
3 Baths
1,230 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $96,000 $78 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,817/month

90 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Patio
  • Resident Manager or Management On Site
  • John T. Hoggard High School Rated A-
  • Living Room
  • Central Air

About This Home

As of June 2013

Move-in ready, 3 bedroom townhouse each with it's own private bath. Centrally located in the heart of Wilmington just outside the coveted one mile radius of the UNCW and just minutes to beaches, Mayfaire and downtown. Freshly painted with soft neutral colors along with new laminate flooring downstairs and new carpet. Wilshire Townhomes are a quaint little community that the HOA includes pest control, yard maintenance, exterior maintenance and exterior insurance along with trash. Easy living and close to everything!

Last Agent to Sell the Property

Tracie VanEtten

Coastal Properties License #211251 Listed on: 03/13/2013

Coastal Properties

Last Buyer's Agent

Pat Henderson

Azalea Realty, Inc. License #43259

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

  • Pest Guard System
  • Termite Clearance

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Patio
  • 436 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 6358

Community Details

Overview

  • Master Insurance
  • Wilshire Townhouses Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,487

Year Built

Built in 2005

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • List Price per Sq Ft: 85.28
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1230.00
  • Total Heated Primary Separate Sq Ft: 1230.00

Exterior Features

  • Foundation: Slab
  • Porch Balcony Deck: Patio

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Trash, Termite Bond, Taxes, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds
  • HOAAssociationFee1Year: 2178.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Acres: 0.01
  • Lot Number: 6358
  • Lot Sq Ft: 436.00
  • Zoning: MF-M

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 7, 2013
Sold by
Vanetten Stephen C and Vanetten S
Bought by
Beit Mersem Wilmington Llc
Seller's Agent
Tracie VanEtten
Coastal Properties
Buyer's Agent
Pat Henderson
Azalea Realty, Inc.
List Price
$114,900
Sold Price
$96,000
Premium/Discount to List
-$18,900
-16.45%
Current Estimated Value
$271,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,241
Avg. Annual Appreciation
9.10%
Original Mortgage
$60,975
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2013
Sold by
Mace Stanley A and Mace Sheila
Bought by
Vanetten S Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,975
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Mckinney Laurie
Bought by
Mace Stanley A and Mace Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,250
Interest Rate
6.36%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 1, 2006
Sold by
Wilshire Management Group Llc
Bought by
Mckinney Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Beit Mersem Wilmington Llc $96,000 None Available
Vanetten S Van $65,247 None Available
Mace Stanley A $147,500 None Available
Mckinney Laurie $126,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanetten Stephen C $60,975
Previous Owner Mace Stanley A $103,250
Previous Owner Mckinney Laurie $113,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2013 06/12/13 Sold $96,000 -16.4% $78 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $114,900 -- $93 / 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 $1,487 $170,900 $50,000 $120,900
2022 $1,453 $170,900 $50,000 $120,900
2021 $1,463 $170,900 $50,000 $120,900
2020 $1,161 $110,200 $15,000 $95,200
2019 $1,161 $110,200 $15,000 $95,200
2018 $1,161 $110,200 $15,000 $95,200
2017 $1,161 $110,200 $15,000 $95,200
2016 $901 $81,300 $15,000 $66,300
2015 $861 $81,300 $15,000 $66,300
2014 $824 $81,300 $15,000 $66,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tracie VanEtten

    Coastal Properties

    (910) 256-8171

    35 Total Sales

    Tracie VanEtten
    Section Image
  • Pat Henderson

    Buyer's Agent in 2013

    Pat Henderson

    Azalea Realty, Inc.

    (910) 520-2116

    1 in this area

    27 Total Sales

    Pat Henderson
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 30488213

Hive MLS

APN: R05514-001-063-000

North Carolina New Hanover County Wilmington 28403 Devon Park

947 Downey Branch Ln, Wilmington, NC

This home is located at 947 Downey Branch Ln, Wilmington, NC 28403 since 13 March 2013 and is currently estimated at $271,241, approximately $220 per square foot. This property was built in 2005. 947 Downey Branch Ln is a home located in New Hanover County with nearby schools including Winter Park Model Elementary School, Williston Middle School, and John T. Hoggard High School.

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