NOT LISTED FOR SALE

981 Downey Branch Ln Wilmington, NC 28403

Devon Park Neighborhood

Estimated Value: $245,000 - $299,000

3 Beds
3 Baths
1,250 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $139,100 $111 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,744/month

58 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • John T. Hoggard High School Rated A-
  • Main Floor Primary Bedroom
  • Resident Manager or Management On Site

About This Home

As of July 2018

Close to UNCW this 3 bedroom/3 full bath townhome is a spacious & bright end unit, featuring extra windows,hardwood floors,large kitchen with breakfast bar and built in entertainment center in living area. All bedrooms have wood laminate flooring. No Carpet in the unit!Convenient to shopping and dining.Tree lined community of only 49 townhomes.Great for investors!Currently rented for 1300, tenants moving out end of May

Last Agent to Sell the Property

Denise Brasser

Coastal Properties License #194646 Listed on: 04/20/2018

Coastal Properties

Last Buyer's Agent

Greg Barber

RE/MAX Essential

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 58x20
  • Wood Fence

HOA Fees

  • $180 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement
  • Termite Clearance
  • Laundry in Hall

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R05514-001-078-000

Community Details

Overview

  • Wilshire Townhouses Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,482

Year Built

Built in 2006

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Ceiling Fan(s)
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 110.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1250.00
  • Total Heated Primary Separate Sq Ft: 1250.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Brick Veneer, Fiber Cement
  • Fencing: Partial, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Assigned, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Termite Bond, Trash, Sidewalk, Management, Maintenance Structure
  • HOAAssociationFee1Year: 2160.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1449.00
  • Lot Acres: 0.03
  • Lot Dimensions: 58x20
  • Lot Sq Ft: 1307.00
  • Plat Book: 5278
  • Plat Page: 1449
  • Zoning: MF-M

Tax Info

  • Tax Identifier: R05514-001-078-000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 1153.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Veneziale Kevin and Veneziale Diane
Bought by
Hammerhead Reef Llc
Current Estimated Value
$272,691

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jul 11, 2018
Sold by
Hogan Real Estate Investment Llc
Bought by
Veneziale Kevin
Seller's Agent
Denise Brasser
Coastal Properties
Buyer's Agent
Greg Barber
RE/MAX Essential
List Price
$137,500
Sold Price
$139,100
Premium/Discount to List
$1,600
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$111,280
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Hogan Donna A and Hogan John D
Bought by
Hogan Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2008
Sold by
Hogan Real Estate Investments Llc
Bought by
Hogan Donna A and Hogan John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2006
Sold by
Wilshire Management Group Llc
Bought by
Hogan John D and Hogan Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Hammerhead Reef Llc -- None Available
Veneziale Kevin $139,500 None Available
Hogan Real Estate Investments Llc -- None Available
Hogan Donna A -- None Available
Hogan John D $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammerhead Reef Llc $1,731,000
Closed Hammerhead Reef Llc $1,731,000
Previous Owner Veneziale Kevin $112,500
Previous Owner Veneziale Kevin $111,280
Previous Owner Hogan Donna A $105,000
Previous Owner Hogan John D $105,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $139,100 +1.2% $111 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $137,500 -- $110 / 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 $1,482 $170,300 $50,000 $120,300
2022 $1,448 $170,300 $50,000 $120,300
2021 $1,457 $170,300 $50,000 $120,300
2020 $1,153 $109,500 $15,000 $94,500
2019 $1,153 $109,500 $15,000 $94,500
2018 $0 $109,500 $15,000 $94,500
2017 $1,153 $109,500 $15,000 $94,500
2016 $895 $80,800 $15,000 $65,800
2015 $856 $80,800 $15,000 $65,800
2014 $819 $80,800 $15,000 $65,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Denise Brasser

    Coastal Properties

    (910) 232-2031

    36 Total Sales

    Denise Brasser
    Section Image

  • G

    Buyer's Agent in 2018

    Greg Barber

    RE/MAX Essential

See All Agents

Map

Source: Hive MLS

MLS Number: 100112054

Hive MLS

APN: R05514-001-078-000

North Carolina New Hanover County Wilmington 28403 Devon Park

981 Downey Branch Ln, Wilmington, NC

This home is located at 981 Downey Branch Ln, Wilmington, NC 28403 since 20 April 2018 and is currently estimated at $272,691, approximately $218 per square foot. This property was built in 2006. 981 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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