NOT LISTED FOR SALE

Estimated Value: $170,000 - $204,000

3 Beds
1 Bath
850 Sq Ft
$219/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $115,000 $135 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,065/month

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating System
  • Wood Flooring

About This Home

As of January 2021

Welcome to Holloway Terrace! A quaint and quiet community along the Route 9 corridor just outside the City of Wilmington proper. A mix of existing single detached and new construction structures are sprinkled throughout 11 numbered streets and three named avenues. This all brick, cute as a button cape cod is in solid condition and awaiting it's new owner! Hardwood flooring welcomes you as you cross the threshold. Two cozy bedrooms on the main level with carpeting and thoughtful closet space. Kitchen with side exit to patio area. Full bathroom with tub services this level. Basement features laundry facilities as well as some extra space that can be utilized for living and storage alike. Second floor provides additional finished area that can be used as a bedroom, storage or living quarters. Nice lot with grassy rear yard and off street parking . Currently tenant occupied paying $900 a month. Excellent opportunity for an investor to purchase and reap the benefits of real estate ownership and cash flow or for a home owner to purchase, renovate to their taste and move in!

Last Agent to Sell the Property

Joseph Hurley

Pantano Real Estate Inc License #RS-0018346 Listed on: 11/09/2020

Last Buyer's Agent

Shane Pezick

RE/MAX Associates-Wilmington

RE/MAX Associates-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $801

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 85.00 x 101.50
  • Property is in good condition
  • Property is zoned NC5

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1.5 Levels

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Driveway
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Holloway Terrace Subdivision

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 10-011.10-139

Home Details

Home Type

Single Family

Est. Annual Taxes

$801

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Tenant Personal Property
  • Historic: No
  • Home Warranty: No
  • Inclusions: See Agent
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to Holloway Terrace! A quaint and quiet community along the Route 9 corridor just outside the City of Wilmington proper. A mix of existing single detached and new construction structures are sprinkled throughout 11 numbered streets and three named avenues. This all brick, cute as a button cape cod is in solid condition and awaiting it's new owner! Hardwood flooring welcomes you as you cross the threshold. Two cozy bedrooms on the main level with carpeting and thoughtful closet space. Kitchen with side exit to patio area. Full bathroom with tub services this level. Basement features laundry facilities as well as some extra space that can be utilized for living and storage alike. Second floor provides additional finished area that can be used as a bedroom, storage or living quarters. Nice lot with grassy rear yard and off street parking . Currently tenant occupied paying $900 a month. Excellent opportunity for an investor to purchase and reap the benefits of real estate ownership and cash flow or for a home owner to purchase, renovate to their taste and move in!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Vinyl, Wood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 1.5
  • Room List: Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 129.41
  • Above Grade Finished Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site, Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: COLONIAL
  • School District Key: 300200396891
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 20100.00
  • Land Assessed Value: 5000.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 85.00 x 101.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: NC5
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2309254
  • School Tax: 593.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 801.00
  • Assessor Parcel Number: 10-011.10-139
  • Tax Lot: 139
  • Tax Total Finished Sq Ft: 850
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/27/2021

MLS Schools

  • School District Name: COLONIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Singh Fernandes and Singh Jaspreet
Bought by
Jjpi Llc
Current Estimated Value
$186,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$667,865
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
-$491,198

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 27, 2021
Sold by
Atkran Llc
Bought by
Fernandes Jason and Chahal Jaspret Singh
Seller's Agent
Joseph Hurley
Pantano Real Estate Inc
Buyer's Agent
Shane Pezick
RE/MAX Associates-Wilmington
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$109,500
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2018
Sold by
Cynash Prporties Llc
Bought by
Atkran Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,200
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 27, 2015
Sold by
Cochran John W and Cochran Marylyn J
Bought by
Cynash Properties Llc

Purchase Details

Closed on
May 21, 2008
Sold by
Cochran John W and Cochran Marilyn J
Bought by
Kennett Square Partnership Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,061
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 10, 2005
Sold by
Cochran John W
Bought by
Cochran John W and Cochran Marilyn J
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
Jjpi Llc -- The Law Office Of Joseph Meyer
Fernandes Jason $115,000 None Available
Atkran Llc $71,000 None Available
Cynash Properties Llc $48,000 None Available
Kennett Square Partnership Llp $82,438 None Available
Cochran John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjpi Llc $147,000
Open Jjpi Llc $712,500
Previous Owner Fernandes Jason $109,500
Previous Owner Atkran Llc $293,200
Previous Owner Kennett Square Partnership Llp $14,061
Previous Owner Kennett Square Partnership Llp $68,520
Previous Owner Cochran John W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $115,000 +4.5% $135 / Sq Ft
11/09/2020 11/09/20 For Sale $110,000 -- $129 / Sq Ft
Source: Bright 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 $862 $25,100 $5,000 $20,100
2023 $784 $25,100 $5,000 $20,100
2022 $816 $25,100 $5,000 $20,100
2021 $816 $25,100 $5,000 $20,100
2020 $821 $25,100 $5,000 $20,100
2019 $206 $25,100 $5,000 $20,100
2018 $149 $25,100 $5,000 $20,100
2017 $673 $25,100 $5,000 $20,100
2016 $673 $25,100 $5,000 $20,100
2015 $673 $25,100 $5,000 $20,100
2014 $674 $25,100 $5,000 $20,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC512942

Bright MLS

APN: 10-011.10-139