NOT LISTED FOR SALE

106 N Water St Unit 604 Wilmington, NC 28401

Estimated Value: $376,000 - $394,000

1 Bed
1 Bath
585 Sq Ft
2000 Built

Last Sold October 05, 2022

Last sale price $370,000 $632 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,508/month

4 Days on Market

Highlights

  • River View
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Wood Flooring
  • Furnished
  • 3-minute walk to Riverfront Park

About This Home

As of October 2022

River views are spectacular from this 6th floor, one bedroom residence across from the USS Battleship North Carolina. Water Street Center Condos are positioned along the banks of the Cape Fear River and provide a gateway to all that Historic, Downtown Wilmington has to offer. Shopping, dining, attractions and guided tours of the Historic District are conveniently located. Perfect condo for a weekend getaway, full time resident, or investor! Both VRBO and long-term rentals are permitted in this unit, if you're looking for investment income (ROI). This unit is completely furnished. Occupied owner (only) will receive one parking pass in the ground floor lot. Secured entrance and one of two elevators take you to this 6th Floor unit. Small, covered balcony off the living room is where you can enjoy the evening sunsets. Appointment to show required.

Last Agent to Sell the Property

Doug Kesling

Coldwell Banker Sea Coast Advantage License #275699 Listed on: 08/29/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Ashley Wilson

Coldwell Banker Sea Coast Advantage-Midtown License #275182

Coldwell Banker Sea Coast Advantage-Midtown

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • Property fronts a private road
  • Decorative Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 585 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • River Views

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04720007023064

Community Details

Overview

  • Property has a Home Owners Association
  • Roof Maintained by HOA
  • Master Insurance
  • Water Street Center Condo Subdivision
  • Maintained Community
  • 9-Story Property

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Block, Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 9.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 2000
  • Trash Collection: Other
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP, Wood
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Ceiling Fan(s), Furnished, Smoke Detectors
  • Laundry Location: Closet
  • List Price per Sq Ft: 641.03
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 585.00
  • Total Heated Primary Separate Sq Ft: 585.00
  • Furnished: Furnished

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block, Brick
  • Fencing: Metal/Ornamental
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Private, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: 1
  • Parking Driveway: Asphalt, Off Street, Paved, See Remarks

Utilities

  • Appliances Equipment: Cooktop - Electric, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Grounds, Maint - Roads, Maintenance Structure, Management, Master Insure, Roof, Security, Sewer, Trash, Water

Condo/Co-op/Association

  • Unit Type: 1 Bedroom

Lot Info

  • Deed Book: 5758
  • Deed Page: 2908.00
  • Lot Sq Ft: 585.00
  • Special Assessments: 700.00
  • Zoning: CB
  • Lot View Type: River View

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 1400.00
  • Annual Gross Rental Income Collected: 16800

Tax Info

  • Tax Identifier: R04720007023064
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 1158.43

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Sep 28, 2022
Sold by
T & T Dix Properties Llc
Bought by
Walton Robert O
Seller's Agent
Doug Kesling
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Ashley Wilson
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Views
38
Current Estimated Value
$387,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,309
Avg. Annual Appreciation
1.51%
Original Mortgage
$150,000
Outstanding Balance
$144,253
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$241,949

Purchase Details

Listed on
Mar 22, 2013
Closed on
Jul 25, 2013
Sold by
Hodgson John D and Hodgson Mary T
Bought by
T & T Dix Properties Llc
Seller's Agent
Jessica Riffle Edwards
Coldwell Banker Sea Coast Advantage
Buyer's Agent
MaDonna Kesling
Coldwell Banker Sea Coast Advantage
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$95,000
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2006
Sold by
Cooper Scott and Cooper Julie
Bought by
Hodgson John D and Hodgson Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Mcneice Raymond E Laurie L
Bought by
Cooper Scott Julie

Purchase Details

Closed on
Apr 29, 2002
Sold by
Water Street Center Assoc Llc
Bought by
Mcneice Raymond E Laurie L

Purchase Details

Closed on
Feb 4, 2000
Sold by
Gene Merritt Company Inc(The)
Bought by
Water Street Center Assoc Llc
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
Walton Robert O $370,000 --
T & T Dix Properties Llc $188,000 None Available
Hodgson John D $295,000 None Available
Cooper Scott Julie $166,000 --
Mcneice Raymond E Laurie L $150,000 --
Water Street Center Assoc Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Robert O $150,000
Previous Owner T & T Dix Properties Llc $95,000
Previous Owner Hodgson John D $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $370,000 -1.3% $632 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $375,000 +99.5% $641 / Sq Ft
07/31/2013 07/31/13 Sold $188,000 -3.6% $311 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $195,000 -- $323 / 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 -- $254,600 $0 $254,600
2022 $2,329 $254,600 $0 $254,600
2021 $2,318 $254,600 $0 $254,600
2020 $2,101 $187,000 $0 $187,000
2019 $2,101 $187,000 $0 $187,000
2018 $2,101 $187,000 $0 $187,000
2017 $2,101 $187,000 $0 $187,000
2016 $2,072 $187,000 $0 $187,000
2015 $1,980 $187,000 $0 $187,000
2014 $1,896 $187,000 $0 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100346648

Hive MLS

APN: R04720-007-023-064