NOT LISTED FOR SALE

Estimated Value: $480,000 - $542,000

6 Beds
2 Baths
2,211 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $320,000 $145 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,135/month

12 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • No HOA
  • Fenced Yard

About This Home

As of August 2021

Look at this duplex situated on a quiet, tree lined street in downtown Wilmington! The home has so much original charm - high ceilings, original craftsman woodwork, hardwood floors, built in cabinets. Both units have 3 bedrooms and 1 bath. All this with private fenced in backyards for both units! Recent updates include: New windows, new roof, one new HVAC, paint interior and exterior, fencing for private back yards, shed, new deck boards on the front porch. The front unit is currently owner occupied. The back unit is tenant occupied. So many possibilities.

Last Agent to Sell the Property

Joann McDermon

Treasure Realty Inc License #282569 Listed on: 06/09/2021

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851

Intracoastal Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1915

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 55x122
  • Fenced Yard
  • Wood Fence
  • Open Lot

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asbestos Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Laundry in Kitchen

Kitchen

  • Second Kitchen
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Deck
  • Porch

Schools

  • Snipes Elementary School
  • Virgo Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04818-014-011-000

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,412

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: 1st Floor Master, 2nd Kitchen, 9Ft+ Ceilings
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 162.82
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 6
  • Total Heated Sq Ft: 2211.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos, Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Parking Driveway: Shared

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Water Heater: Electric
  • Sewer: Connected
  • Water Source: Water Connected

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 6242
  • Deed Page: 485.00
  • Lot Acres: 0.15
  • Lot Description: Open
  • Lot Dimensions: 55X122
  • Lot Sq Ft: 6708.00
  • Lot Water Features: None
  • Plat Book: 000
  • Plat Page: 000
  • Zoning: R-5

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Pets: Yes

Tax Info

  • Tax Identifier: R04818-014-011-000
  • Tax Year: 2021

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Virgo
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 26, 2021
Sold by
Gorman Thomas and Gorman Debra
Bought by
Exley Edward
Seller's Agent
Joann McDermon
Treasure Realty Inc
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$360,000
Sold Price
$320,000
Premium/Discount to List
-$40,000
-11.11%
Current Estimated Value
$535,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,786
Avg. Annual Appreciation
10.69%
Original Mortgage
$224,000
Outstanding Balance
$206,145
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$274,657

Purchase Details

Listed on
Aug 6, 2019
Closed on
Aug 18, 2019
Sold by
Jackson David H and Jackson Kathy P
Bought by
Gorman Thomas and Gorman Debra
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
Celeste Salzberg
Coastal Realty Associates LLC
List Price
$175,000
Sold Price
$172,300
Premium/Discount to List
-$2,700
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.59%
Original Mortgage
$169,178
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2003
Sold by
Jackson Isaiah James
Bought by
Jackson David H Kathy P

Purchase Details

Closed on
May 19, 2000
Sold by
Jackson Sonya Elizabeth
Bought by
Jackson Isaiah James

Purchase Details

Closed on
Jul 14, 1998
Sold by
Jackson Isiah J
Bought by
Jackson Sonya Elizabeth

Purchase Details

Closed on
Apr 1, 1981
Sold by
Jackson Isaiah J
Bought by
Jackson Isaiah 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
Exley Edward $320,000 None Available
Gorman Thomas $173,000 None Available
Jackson David H Kathy P -- --
Jackson Isaiah James -- --
Jackson Sonya Elizabeth -- --
Jackson Isaiah J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Exley Edward $224,000
Previous Owner Gorman Thomas $169,178
Previous Owner Jackson David H $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $320,000 -11.1% $145 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $360,000 +108.9% $163 / Sq Ft
08/28/2019 08/28/19 Sold $172,300 -1.5% $74 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $175,000 -- $75 / 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 $2,412 $277,200 $51,600 $225,600
2022 $2,356 $277,200 $51,600 $225,600
2021 $0 $245,700 $51,600 $194,100
2020 $1,490 $141,400 $47,300 $94,100
2019 $1,490 $172,800 $47,300 $125,500
2018 $1,820 $172,800 $47,300 $125,500
2017 $1,820 $172,800 $47,300 $125,500
2016 $1,918 $173,100 $51,900 $121,200
2015 $1,833 $173,100 $51,900 $121,200
2014 $1,755 $173,100 $51,900 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100275575

Hive MLS

APN: R04818-014-011-000