NOT LISTED FOR SALE

Estimated Value: $737,000

2 Beds
2 Baths
2,733 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $850,000 $311 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,449/month

136 Days on Market

Highlights

  • River View
  • No HOA
  • Brick Exterior Construction
  • Corner Lot
  • Fenced Yard
  • Central Air

About This Home

As of March 2016

The Historic A.D. Wessel is being offered for sale. This New Orleans style building is teeming with Historic Charm. Currently leased with an long term tenant but possibilities are endless for endeavors down the road. First floor is home to Aubriana's Fine Dining and above are 2 residential units each boasting private porches and views of the Cape Fear River. Building also has an attached private courtyard that is a gem in an urban setting and could possibly be developed one day or be used as private parking. Building is offered as-is

Last Agent to Sell the Property

Christian Cardamone

Coastal Properties Listed on: 08/26/2015

Last Buyer's Agent

Christian Cardamone

Coastal Properties Listed on: 08/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,546

Year Built

  • Built in 1910

Lot Details

  • 3,594 Sq Ft Lot
  • Fenced Yard
  • Brick Fence
  • Corner Lot
  • Property is zoned COD

Home Design

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

Interior Spaces

  • 2,733 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Assessor Parcel Number R05308-004-006-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,546

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame, Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: None
  • List Price per Sq Ft: 329.27
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 2
  • Bedroom 1 Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2733.00
  • Total Heated Primary Separate Sq Ft: 2733.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Block, Stone, Brick
  • Fencing: Back Yard, Brick
  • Foundation: Slab
  • Porch Balcony Deck: See Remarks
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Membrane
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: None

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 130.00
  • Lot Acres: 0.08
  • Lot Description: Corner Lot
  • Lot Dimensions: irreg
  • Lot Sq Ft: 3594.00
  • Zoning: COD
  • Lot View Type: River View, Water View

Tax Info

  • Tax Identifier: R05308-004-006-000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 27, 2016
Sold by
Bahr John L and Bahr Tanya E
Bought by
Green Ke Kai Properties Llc
Seller's Agent
Christian Cardamone
Coastal Properties
Buyer's Agent
Christian Cardamone
Coastal Properties
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Current Estimated Value
$737,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,000
Avg. Annual Appreciation
-1.35%
Original Mortgage
$722,500
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 1997
Sold by
Lefler Donald E Lisa S
Bought by
Bahr Ii John L

Purchase Details

Closed on
Sep 1, 1988
Sold by
Downtown Area Rev Effort
Bought by
Botl Associates

Purchase Details

Closed on
Jun 1, 1987
Sold by
Best Albert Williams
Bought by
Downtown Area Rev Effort

Purchase Details

Closed on
Jul 1, 1980
Sold by
Lugin B L Sr } Lorayne D
Bought by
Best Albert Williams

Purchase Details

Closed on
Dec 1, 1950
Bought by
Lugin B L Sr } Lorayne D
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
Green Ke Kai Properties Llc $350,000 None Available
Bahr Ii John L $168,000 --
Bahr Ii John L -- --
Botl Associates $62,500 --
Downtown Area Rev Effort $75,000 --
Best Albert Williams -- --
Lugin B L Sr } Lorayne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Ke Kai Properties Llc $593,422
Closed Green Ke Kai Properties Llc $722,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2016 03/08/16 Sold $850,000 -5.5% $311 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
08/26/2015 08/26/15 For Sale $899,900 -- $329 / 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 $4,546 $539,600 $167,200 $372,400
2022 $4,936 $539,600 $167,200 $372,400
2021 $4,913 $539,600 $167,200 $372,400
2020 $3,981 $354,400 $77,500 $276,900
2019 $3,981 $354,400 $77,500 $276,900
2018 $3,981 $354,400 $77,500 $276,900
2017 $3,981 $354,400 $77,500 $276,900
2016 $2,855 $257,700 $69,500 $188,200
2015 $2,729 $257,700 $69,500 $188,200
2014 $2,613 $257,700 $69,500 $188,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30527270

Hive MLS

APN: R05308-004-006-000