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Sold for $580,000
    • $580,000

    561 Garden Terrace Drive #201, Wilmington, NC 28405

    2beds
    1,574sqft
    Condominium
    Built in 2004
    -- sqft lot
    $586,700 Zestimate®
    $368/sqft
    $2,561 Estimated rent

    Home value

    $586,700

    $551,000 - $622,000

    $2,561/mo

    Zestimate® history
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    What's special

    Welcome to the ''Palms'' floor plan with 2 bedrooms and 2.5 baths in The Village at Mayfaire. Upon entering, you are immediately drawn to the open living space which boasts natural light from the many windows in this corner unit. The entire home has either Harmonics Camden Oak laminate floors or tile. Turning left, you enter into your gourmet custom kitchen, which is equipped with a built-in Sub-Zero refrigerator, soft close cabinets, ambient lighting under cabinets, and granite counter tops. State of the art Wolf Appliances for the professional chef or one that appreciates luxury kitchen appliances. Here you can stay active year-round with the fully equipped fitness center. There is also a clubhouse, hot tub, pool, library, outdoor covered grilling area, 25 seat private movie theatre, tennis court, picnic area and sidewalks. Walking distance from restaurants and local shopping. A quick drive to area beaches. Come see for yourself!

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily J Ervin 910-279-5205,

    Coldwell Banker Sea Coast Advantage-Midtown

    Bought with:

    Jill Shellman, 302974

    Intracoastal Realty Corporation

    Source: Hive MLS,MLS#: 100448895MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Master Bedroom, Bedroom 1, Living Room, Dining Room, Kitchen
    Primary bedroom
    • Dimensions: 14 x 14
    Bedroom 1
    • Dimensions: 12.9 x 8
    Dining room
    • Dimensions: 13.4 x 10
    Kitchen
    • Dimensions: 15.7 x 13.1
    Living room
    • Dimensions: 13.5 x 21.1
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher
    • Laundry: Laundry Closet
    Features
    • Walk-in Closet(s), Tray Ceiling(s), High Ceilings, Elevator, Pantry, Blinds/Shades, Walk-In Closet(s)
    • Flooring: LVT/LVP, Tile
    • Doors: Thermal Doors
    • Windows: Thermal Windows
    • Basement: None
    • Attic: Access Only
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,574
    • Total interior livable area: 1,574 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Faces Front, Attached, Additional Parking, Garage Door Opener, Paved
    • Has attached garage: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Two
    • Stories: 1
    • Entry location: 2nd Floor Unit
    • Patio & porch: Covered, Balcony
    • Exterior features: Thermal Doors
    • Pool features: In Ground
    • Fencing: None
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: R05000003122113
    • Zoning: MX
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Smoke Detector(s)
    • Subdivision: The Village at Mayfaire
    HOA
    • Has HOA: Yes
    • Amenities included: Roof Maintenance, Barbecue, Cabana, Clubhouse, Pool, Elevator(s), Fitness Center, Game Room, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Management, Master Insure, Pest Control, Pickleball, Sidewalks, Spa/Hot Tub, Street Lights, Tennis Court(s), Termite Bond, Trash, See Remarks
    • HOA fee: $7,320 monthly
    • HOA name: CAMS
    • HOA phone: 910-256-2021
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $368/sqft
    • Tax assessed value: $329,700
    • Annual tax amount: $2,785
    • Date on market: 6/19/2025
    • Cumulative days on market: 120 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/4/2024Sold$580,000+0.6%$368/sqft
    Source: Hive MLS #100448895 Report a problem
    10/6/2024Pending sale$576,500$366/sqft
    Source: Hive MLS #100448895 Report a problem
    7/8/2024Listed for sale$576,500$366/sqft
    Source: Hive MLS #100448895 Report a problem
    7/6/2024Pending sale$576,500$366/sqft
    Source: Hive MLS #100448895 Report a problem
    6/22/2024Price change$576,500-2.1%$366/sqft
    Source: Hive MLS #100448895 Report a problem
    6/15/2024Price change$589,000-5%$374/sqft
    Source: Hive MLS #100448895 Report a problem
    6/8/2024Listed for sale$620,000+82.4%$394/sqft
    Source: Hive MLS #100448895 Report a problem
    2/19/2018Sold$340,000-28.2%$216/sqft
    Source: Hive MLS #100095963 Report a problem
    10/24/2014Sold$473,844+1253.8%$301/sqft
    Source: Public Record Report a problem
    6/16/2014Sold$35,000-87.5%$22/sqft
    Source: Public Record Report a problem
    8/11/2010Sold$280,000$178/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,368 +17.4%$572,300 +73.6%
    2024$2,868 +3%$329,700
    2023$2,786 -0.6%$329,700
    2022$2,802 -0.7%$329,700
    2021$2,822 -1.5%$329,700 +21.2%
    2020$2,865 $272,000
    2019$2,865 $272,000
    2018$2,865 $272,000
    2017$2,865 +2.6%$272,000 +7.9%
    2016$2,792 +4.6%$252,000
    2015$2,669 +4.4%$252,000
    2014$2,555 $252,000
    Find assessor info on the county website

    Neighborhood: Mayfaire

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Blair
    • Middle: Noble
    • High: New Hanover

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $586,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $586,700

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