$395,000
SOLD DEC 17, 2024

106 N Water St Unit 709 Wilmington, NC 28401

1 Bed
1 Bath
598 Sq Ft
$250/mo HOA Fee

Recently Sold

$661 Per Sq Ft

8% Below List Price

100 Days on Market

Highlights

  • Water Views
  • Furnished
  • Thermal Windows
  • Main Floor Primary Bedroom
  • Balcony
  • 3-minute walk to Riverfront Park

About This Home

As of December 2024

This charming condo located in downtown Wilmington, NC offers a unique opportunity for comfortable urban living. This cozy space is situated on the 7th floor of a 9-story building. The open floor plan creates a welcoming atmosphere, with plenty of natural light streaming in through the large doors looking out over the Cape FearRiver. The kitchen is equipped with modern appliances and ample cabinet space, perfect for whipping up delicious meals. The bedroom is spacious and offers a peaceful retreat at the end of a long day. Residents can enjoy stunning views of the Cape Fear River from the comfort of their own living area. This property is perfect for those seeking a low maintenance lifestyle in the heart of downtown Wilmington. With an affordable and comprehensive HOA, you don't have to worry about any maintenance outside your door. The HOA also covers flood insurance, internet, cable, trash, water and sewer. They also do an excellent job maintaining the building and landscaping. With a central location near restaurants, shops, and entertainment options, this condo offers the perfect blend of comfort and convenience. No need to worry about downtown parking, since the buildinghas its own private parking lot for owners. This property can also be used for short termrentals as an investment property and grossed over 32k in 2023. Since all furnishings convey, with the exception of some artwork , this property is move-in ready, from the furniture to the dishes! Don't miss out on the opportunity to make this lovely condo your new home and/or a lucrative investment opportunity!

Last Agent to Sell the Property

Nicholas Huscroft

Chosen Realty of NC License #C38242 Listed on: 08/07/2024

Last Buyer's Agent

Sandra Corbett-mcneil

Intracoastal Realty Corp License #107635

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 2000

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Steel Frame
  • Tar and Gravel Roof
  • Membrane Roofing
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 598 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Parking

  • Lighted Parking
  • Shared Driveway
  • Paved Parking
  • Parking Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Cable TV Available

Additional Features

  • Balcony
  • Sprinkler System
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R04720-007-023-081

Community Details

Overview

  • Master Insurance
  • Water Street Center Association, Phone Number (910) 395-4100
  • Water Street Center Condo Subdivision
  • Maintained Community

Security

  • Security Lighting
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,146

Year Built

Built in 2000

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Steel Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Blinds/Shades, Sprinkler System, Smoke Detectors, Furnished, Elevator, Ceiling Fan(s)
  • List Price per Sq Ft: 677.26
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 4
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 598.00
  • Total Heated Primary Separate Sq Ft: 598.00

Exterior Features

  • Exterior Features: Security Lighting, Thermal Windows, Storm Windows, Storm Doors
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Brick/Mortar, Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Flat, Tar/Gravel, Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Asphalt, Shared, Paved, Parking Lot, Lighted

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Sidewalk, Water, Trash, Elevator(s), Master Insure, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 3000.00
  • HOAAssociationName: Water Street Center Association
  • HOAAssociationPhone: 9103954100

Lot Info

  • Deed Page: 19721974.00
  • Lot Water Features: None
  • Plat Book: 12
  • Plat Page: 222-232
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04720-007-023-081
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1145.70

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 7, 2024
Closed on
Dec 13, 2024
Sold by
Tim And Leslie Donovan Revocable Living and Donovan Timothy Joseph
Bought by
Umbaugh Jennifer and Smith Christine Lee
Seller's Agent
Nicholas Huscroft
Chosen Realty of NC
Buyer's Agent
Sandra Corbett-mcneil
Intracoastal Realty Corp
List Price
$430,000
Sold Price
$395,000
Premium/Discount to List
-$35,000
-8.14%
Views
36
Current Estimated Value
$394,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$754
Avg. Annual Appreciation
-0.23%
Original Mortgage
$355,500
Outstanding Balance
$352,666
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$41,580

Purchase Details

Closed on
Jul 18, 2023
Sold by
Donovan Timothy J and Donovan Leslie C
Bought by
Tim And Leslie Donovan Revocable Living Trust and Donovan

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jun 4, 2021
Sold by
Sikorski Kevin and Sikorski Ivey
Bought by
Donovan Leslie C and Donovan Timothy J
Seller's Agent
Wendy Thompson
Keller Williams Innovate-Wilmington
Buyer's Agent
A Non Member
A Non Member
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$228,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2013
Closed on
Dec 21, 2013
Sold by
Mccann William D
Bought by
Sikorski Kevin
Seller's Agent
Donna Halsey
Network Real Estate
Buyer's Agent
Kevin Mckoy
Network Real Estate
List Price
$195,900
Sold Price
$170,000
Premium/Discount to List
-$25,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Mccann William D
Bought by
Mccann William D Sr Liv Trust

Purchase Details

Closed on
Apr 25, 2002
Sold by
Water Street Center Assoc Llc
Bought by
Mccann William D

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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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 Type Sale Price Title Company
Warranty Deed $395,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $320,000 None Available
Warranty Deed $170,000 None Available
Deed -- --
Deed $153,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $355,500 New Conventional
Previous Owner $228,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2024 12/17/24 Sold $395,000 -2.5% $661 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $405,000 -1.7% $677 / Sq Ft
10/12/2024 10/12/24 Price Changed $412,000 -1.4% $689 / Sq Ft
08/24/2024 08/24/24 Price Changed $418,000 -0.9% $699 / Sq Ft
08/14/2024 08/14/24 Price Changed $422,000 -1.9% $706 / Sq Ft
08/07/2024 08/07/24 For Sale $430,000 +34.4% $719 / Sq Ft
06/10/2021 06/10/21 Sold $320,000 +6.7% $535 / Sq Ft View Prior Sale
04/02/2021 04/02/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $300,000 +76.5% $502 / Sq Ft
12/30/2013 12/30/13 Sold $170,000 -13.2% $284 / Sq Ft View Prior Sale
12/20/2013 12/20/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $195,900 -- $328 / 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
2025 $2,380 $381,000 $0 $381,000
2024 $2,380 $254,600 $0 $254,600
2023 $2,316 $254,600 $0 $254,600
2022 $2,329 $254,600 $0 $254,600
2021 $2,318 $254,600 $0 $254,600
2020 $2,163 $192,500 $0 $192,500
2019 $2,163 $192,500 $0 $192,500
2018 $2,163 $192,500 $0 $192,500
2017 $2,163 $192,500 $0 $192,500
2016 $2,133 $192,500 $0 $192,500
2015 $2,039 $192,500 $0 $192,500
2014 $1,952 $192,500 $0 $192,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100459818

Hive MLS

APN: R04720-007-023-081