NOT LISTED FOR SALE

1205 N Kerr Ave Wilmington, NC 28405

Old East Wilmington Neighborhood

Estimated Value: $272,104 - $393,000

3 Beds
2 Baths
1,767 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $270,000 $153 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,069/month

54 Days on Market

Highlights

  • 0.65 Acre Lot
  • Porch
  • Accessible Entrance
  • No HOA
  • Patio
  • Tile Flooring

About This Home

As of August 2022

Investors! This duplex is a great find! Conveniently located to downtown Wilmington, Wrightsville Beach, I40 and a ton of restaurants, stores and grocery stores it is the perfect location!Recently updated with LVP/LVT floors and new paint, it also has a newer roof. Current owner consistently rented out both units for the last 3 years, bringing in over $1900 a month.Both units have spacious rooms and bathrooms. Schedule your showing today; don't let this one slip away!

Last Agent to Sell the Property

Todd Osborne

Coldwell Banker Sea Coast Advantage Listed on: 06/02/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Lorenzo Espinosa

Advantage Rentals, LLC License #315613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1958

Lot Details

  • 0.65

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Stove
  • Laundry in Hall

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Wrightsboro Elementary School
  • Holly Shelter Middle School
  • Laney High School

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Entrance
  • 0.65 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number R04218-001-007-000

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$972

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: Accessible Entrance
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors
  • Laundry Location: Hall
  • List Price per Sq Ft: 155.63
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 3
  • Total Heated Sq Ft: 1767.00
  • Furnished: Unfurnished

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Asphalt, On Site, Paved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central, Wall/Window Unit(s)
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Book: 4934
  • Deed Page: 19111914.00
  • Lot Acres: 0.65
  • Lot Dimensions: 27,878 square feet
  • Lot Sq Ft: 28270.00
  • Lot Water Features: None
  • Zoning: R-15

Rental Info

  • Rental Income Gross Rental Income: 1925.00
  • Pets: Yes
  • Lease Incl: Home, Land

Tax Info

  • Tax Identifier: R04218-001-007-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 972.19

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Wrightsboro
  • High School: Laney
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 25, 2022
Sold by
Earl Williams Robert and Curtiss William
Bought by
Suddeth Brooke
Seller's Agent
Todd Osborne
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Lorenzo Espinosa
Advantage Rentals, LLC
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$359,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,833
Avg. Annual Appreciation
9.63%
Original Mortgage
$265,109
Outstanding Balance
$255,484
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$97,992

Purchase Details

Closed on
Jul 19, 2005
Sold by
Hy Speed Cleaning Products Inc
Bought by
Williams Robert Earl

Purchase Details

Closed on
Apr 7, 2005
Sold by
Hy Speed Cleaning Products Inc
Bought by
Believers Destiny Church Inc

Purchase Details

Closed on
Jan 8, 2004
Sold by
Sneeden Thomas W Paula G
Bought by
Hy Speed Cleaning Products Inc

Purchase Details

Closed on
Aug 11, 1967
Sold by
Sneeden J A Elnora G
Bought by
Sneeden T W Paula G
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
Suddeth Brooke $270,000 None Listed On Document
Williams Robert Earl -- None Available
Believers Destiny Church Inc $125,000 None Available
Hy Speed Cleaning Products Inc $126,500 --
Sneeden T W Paula G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suddeth Brooke $265,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $270,000 -1.8% $153 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $275,000 -6.8% $156 / Sq Ft
06/02/2022 06/02/22 For Sale $295,000 -- $167 / 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 $988 $113,600 $44,800 $68,800
2022 $0 $113,600 $44,800 $68,800
2021 $0 $113,600 $44,800 $68,800
2020 $1,307 $124,100 $38,300 $85,800
2019 $1,307 $124,100 $38,300 $85,800
2018 $0 $124,100 $38,300 $85,800
2017 $1,307 $124,100 $38,300 $85,800
2016 $1,066 $97,000 $37,200 $59,800
2015 $1,029 $97,900 $38,100 $59,800
2014 $985 $97,900 $38,100 $59,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Todd Osborne

    Coldwell Banker Sea Coast Advantage

    Section Image

  • L

    Buyer's Agent in 2022

    Lorenzo Espinosa

    Advantage Rentals, LLC

    (910) 799-5531

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100331558

Hive MLS

APN: R04218-001-007-000

North Carolina New Hanover County Wilmington 28405 Old East Wilmington

1205 N Kerr Ave, Wilmington, NC

This home is located at 1205 N Kerr Ave, Wilmington, NC 28405 since 02 June 2022 and is currently estimated at $320,776, approximately $181 per square foot. This property was built in 1958. 1205 N Kerr Ave is a home located in New Hanover County with nearby schools including Wrightsboro Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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