MULTIPLE OFFERS: HIGHEST AND BEST by 4/18 at 5:00 p.m. Talk about location! This light-filled and well-maintained home is located in a quiet, mid-town neighborhood convenient to shopping, restaurants, Wilmington Airport, downtown, golf, Carolina and Wrightsville Beach. This 3-bedroom, 2-bathroom, 1644 s/f brick ranch showcases gleaming hardwood floors and open living, kitchen and dining areas. One bedroom has an ensuite bath while the 2 other bedrooms share a hall bath. The kitchen features white cabinets, granite countertops and stainless-steel appliances. Be sure to check out the new coffee bar with butcher block countertop and upper cabinets with glass doors. The spacious laundry room is just off the kitchen and could double as a flex space/office or additional storage area. The laundry area has built-in cabinets with butcher block countertops. Washer, dryer and refrigerator are included. After you tour the inside, head outside and see how this home is situated on a large lot with many flowering trees and bushes and plenty of privacy. The house sits up high on the lot, down a long driveway with ample parking in the rear. There is also a 1 car garage that opens to the driveway/parking area. In the backyard, you will find a nice deck just off the living room and shade pergola. You will love spending time out there, relaxing and enjoying the scent of Carolina Jasmine. This lovely property is also located in the Hoggard school district. Be sure to book a showing soon - we know this one is going to garner a lot of interest!
Property Details
Property Features
Property Information:
Year Built: 1968
Stories: 1
Living Area: 1,644 SqFt
Listing Office:
Office Name: RE/MAX Essential
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Refrigerator, Electric Oven, Electric Stove, Washer
Isaac M Bear High School, Public District Grades 9-12
John T Hoggard High School, Public District Grades 9-12
Wilmington Early College High School, Public District Grades 9-12
Roland-Grise Middle School, Public District Grades 6-8
Holly Tree Elementary School, Public District Grades KG-5
Dr John Codington Elementary School, Public District Grades KG-5
Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Heading east on Oleander Drive, turn right onto Pine Grove Dr, then left on Oakhurst Road, and left onto Brookforest, and a right on Arbor Way. House is on the right, 406 Arbor Way.
Price Information
Listing Price Info
Price Summary:
List Price: $425,000
Price Per SqFt: $259/SqFt
Tax Information:
Annual Amount: $1,862
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wilmington, NC.
This property is $15.8K more than the Median Sold Price and $23/SqFt more than other homes in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100439001
Listing Office:
Office Name: RE/MAX Essential
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 04, 2016
Mar 04, 2016Home Sold
$206,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,862
$176,800
2019
$1,830
$173,800
2018
$1,831
$173,800
2017
$1,735
$173,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,189
Per Month
Principal & Interest
$2,122
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,341
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Holly Tree Elementary School
3020 Web Trce
Distance between this listing and this school1.20 miles
Public District Grades KG-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school3.83 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school4.71 miles
Public District Grades PK-5
Middle School
4
/10
Roland-Grise Middle School
4412 Lake Ave
Distance between this listing and this school1.26 miles
Public District Grades 6-8
High School
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school1.14 miles
Public District Grades 9-12
6
/10
John T Hoggard High School
4305 Shipyard Blvd
Distance between this listing and this school1.39 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school8.24 miles
Public District Grades 9-12
Assigned Schools
5
/10
Holly Tree Elementary School
3020 Web Trce
Distance between this listing and this school1.20 miles
Public District Grades KG-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school3.83 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school4.71 miles
Public District Grades PK-5
Assigned Schools
4
/10
Roland-Grise Middle School
4412 Lake Ave
Distance between this listing and this school1.26 miles
Public District Grades 6-8
Nearby Schools
7
/10
Cape Fear Center For Inquiry
2525 Wonder Way
Distance between this listing and this school3.65 miles
Public Charter Grades KG-8
5
/10
M C S Noble Middle School
6520 Market St
Distance between this listing and this school3.83 miles
Public District Grades 6-8
Assigned Schools
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school1.14 miles
Public District Grades 9-12
6
/10
John T Hoggard High School
4305 Shipyard Blvd
Distance between this listing and this school1.39 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school8.24 miles
The neighbors living near this home have an average income of $60,023. Most Wilmington, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 406 Arbor Way
What is the listing price of this property?
The listing price of 406 Arbor Way property is $425,000.
What type of property is this?
The property 406 Arbor Way is a house located in Wilmington, North Carolina, 28409.
Is this property for sale now?
Sale Pending: 406 Arbor Way is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 406 Arbor Way are: Holly Tree Elementary School: GreatSchools Rating 5/10Dr John Codington Elementary School: GreatSchools Rating 4/10Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10Roland-Grise Middle School: GreatSchools Rating 4/10Isaac M Bear High School: GreatSchools Rating 8/10John T Hoggard High School: GreatSchools Rating 6/10Wilmington Early College High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,862 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 4, 2016 for $206,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 406 Arbor Way has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 406 Arbor Way is 1,644 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 406 Arbor Way is 1968.
This home is located at 406 Arbor Way in Wilmington, NC and zip code 28409 in the Winter Park neighborhood. This 1,644 square foot home, which was built in 1968, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $425,000.
While more than 54 listings in Wilmington, NC in March 2024 were sold above asking price, there were more than 53 listings sold at asking price, and more than 157 were sold below. The inventory of homes for sale in Wilmington, NC between February 2024 and March 2024 increased by 6.8%. In March 2024 median list price was $409,102 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.