NOT LISTED FOR SALE

1005 Chestnut St Wilmington, NC 28401

Northside Neighborhood

Estimated Value: $174,000 - $265,000

2 Beds
1 Bath
857 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $25,000 $29 Per Sq Ft

Est. 779% increase in value since last sale

Current estimated payment $1,229/month

13 Days on Market

Highlights

  • No HOA
  • Living Room
  • Wood Siding
  • Fenced Yard
  • Central Air
  • Vinyl Flooring

About This Home

As of September 2013

Located just minutes from downtown Wilmington and 15-20 minutes to Wrightsville Beach, this affordable bungalow features over 800 square feet, two bedrooms and one bathroom. Home can be sold on its own, or with 1003 Chestnut which is essentially the same. Enjoy the convenience to downtown and area beaches, as well as a 10-15 minute drive to Mayfaire Towne Center and 5-10 minutes to New Hanover Regional Medical Center. Great investment potential!

Last Agent to Sell the Property

Stephanie Gasparovic

Coldwell Banker Sea Coast Advantage Listed on: 03/29/2013

Co-Listed By

Ladd Gasparovic

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Stephanie Gasparovic

Keller Williams Innovate-Wilmington License #216727

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R-5

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 857 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9912

Home Details

Home Type

Single Family

Est. Annual Taxes

$813

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1930
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Vinyl
  • Heated Sq Ft: 800 - 999
  • List Price per Sq Ft: 34.89
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 857.00
  • Total Heated Primary Separate Sq Ft: 857.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Appliances Equipment: 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: Natural Gas

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1318.00
  • Lot Acres: 0.06
  • Lot Dimensions: Irregular
  • Lot Number: 9912
  • Lot Sq Ft: 2614.00
  • Zoning: R-5

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Terra 9 Llc
Bought by
Cape Fear Collective Impact Opportunity 2 Llc
Current Estimated Value
$219,838

Purchase Details

Closed on
Jan 28, 2022
Sold by
Terra 12 Llc
Bought by
Cape Fear Collective Impact Opportunity 2 Llc

Purchase Details

Closed on
Jul 27, 2020
Sold by
Tj Reat Estate Holdings Llc
Bought by
Terra 12 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2018
Sold by
Olson Portfolio 2B Llc
Bought by
Tj Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,255,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Ritz Development 5 Llc
Bought by
Olson Portfolio 2 Llc

Purchase Details

Closed on
Oct 27, 2008
Sold by
Pipeline Investments Llc
Bought by
Thut Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2005
Sold by
Real Properties Llc
Bought by
Pipeline 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
$59,100
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Lucas David Lee Martha Brown
Bought by
Real Properties Llc

Purchase Details

Closed on
Aug 8, 1969
Sold by
Lucas Donnie Savage
Bought by
Lucas David Lee

Purchase Details

Closed on
Jul 16, 1957
Sold by
Savage Mary
Bought by
Lucas Donnie Savage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cape Fear Collective Impact Opportunity 2 Llc -- Harris S Hunt
Cape Fear Collective Impact Opportunity 2 Llc -- None Listed On Document
Cape Fear Collective Impact Opportunity 2 Llc $869,000 None Listed On Document
Terra 12 Llc $448,000 None Available
Tj Real Estate Holdings Llc $6,000,000 None Available
Olson Portfolio 2 Llc $976,500 None Available
Thut Jeanette $70,000 None Available
Pipeline Investments Llc $65,000 None Available
Real Properties Llc $40,000 --
Lucas David Lee -- --
Lucas Donnie Savage -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terra 12 Llc $358,400
Previous Owner Tj Real Estate Holdings Llc $5,255,000
Previous Owner Olson Portfolio 2B Llc $4,456,000
Previous Owner Thut Jeanette $56,000
Previous Owner Pipeline Investments Llc $59,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Sold $25,000 -16.4% $29 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $29,900 -- $35 / 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
2024 $813 $93,400 $46,100 $47,300
2023 $813 $93,400 $46,100 $47,300
2022 $794 $93,400 $46,100 $47,300
2021 $799 $93,400 $46,100 $47,300
2020 $659 $62,600 $33,300 $29,300
2019 $659 $62,600 $33,300 $29,300
2018 $0 $62,600 $33,300 $29,300
2017 $659 $62,600 $33,300 $29,300
2016 $830 $74,900 $37,100 $37,800
2015 $793 $74,900 $37,100 $37,800
2014 $759 $74,900 $37,100 $37,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stephanie Gasparovic

    Coldwell Banker Sea Coast Advantage

  • L

    Seller Co-Listing Agent in 2013

    Ladd Gasparovic

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 30488593

Hive MLS

APN: R04818-003-009-000

North Carolina New Hanover County Wilmington 28401 Northside

1005 Chestnut St, Wilmington, NC

This home is located at 1005 Chestnut St, Wilmington, NC 28401 since 29 March 2013 and is currently estimated at $219,838, approximately $256 per square foot. This property was built in 1930. 1005 Chestnut St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC

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