NOT LISTED FOR SALE

1207 N 4th St Wilmington, NC 28401

Upper Downtown Neighborhood

Estimated Value: $747,000

0.24 Acre
$3,112,500 Price per Acre
10,454 Sq Ft Lot

Last Sold January 07, 2020

Last sale price $150,000

Est. 398% increase in value since last sale

Current estimated payment $4,242/month

229 Days on Market

Highlights

  • 0.24 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of January 2020

Vacant land in highly sought after North 4th / Brooklyn Arts District. Zoned Central Business District and consists of .25 acres. Develop-able building heights of 60 feet with great residential or mixed use potential. Property is located at the gateway into Wilmington and visible from North 3rd and MLK Parkway. This property overlooks the newly developed riverfront apartments, marinas, and restaurants, and city park with amphitheater (in progress).

Last Agent to Sell the Property

John Horton

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 04/26/2019

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,409

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned CBD

Home Design

  • Mixed Use

Schools

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

Community Details

  • No Home Owners Association
  • Brooklyn Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04809-014-001-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,409

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Mixed Use
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 273

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 926.00
  • Lot Description: Corner Lot
  • Lot Sq Ft: 10454.00
  • Zoning: CBD
  • Acres: 0.24
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 832916.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level, Undeveloped

Tax Info

  • Tax Identifier: R04809-014-001-000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 409.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jan 2, 2020
Sold by
Spring Street Investment Group Llc
Bought by
Front N Fourth Llc
Seller's Agent
John Horton
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Current Estimated Value
$747,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,000
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Feb 25, 2005
Sold by
Schafer Emil
Bought by
Spring Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2001
Bought by
Axler Albert

Purchase Details

Closed on
May 15, 1992
Sold by
Schafer Sylvia A
Bought by
Schafer Sylvia A Trustee

Purchase Details

Closed on
Sep 14, 1990
Sold by
Axler Albert
Bought by
Axler Joe

Purchase Details

Closed on
Apr 1, 1983
Sold by
Axler Joe
Bought by
Schafer Sylvia A
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
Front N Fourth Llc $150,000 None Available
Spring Street Investments Llc $55,000 None Available
Axler Albert -- --
Schafer Sylvia A Trustee -- --
Axler Joe -- --
Schafer Sylvia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spring Street Investment Group Llc $34,400
Previous Owner Spring Street Investments Llc $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $150,000 -25.0% --
12/10/2019 12/10/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $199,900 -- --
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 $1,409 $154,900 $154,900 $0
2022 $1,417 $154,900 $154,900 $0
2021 $1,410 $154,900 $154,900 $0
2020 $409 $36,400 $36,400 $0
2019 $409 $36,400 $36,400 $0
2018 $409 $36,400 $36,400 $0
2017 $409 $36,400 $36,400 $0
2016 $322 $29,100 $29,100 $0
2015 $308 $29,100 $29,100 $0
2014 $295 $29,100 $29,100 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Horton

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • A

    Buyer's Agent in 2020

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100162474

Hive MLS

APN: R04809-014-001-000

North Carolina New Hanover County Wilmington 28401 Upper Downtown

1207 N 4th St, Wilmington, NC

This home is located at 1207 N 4th St, Wilmington, NC 28401 since 26 April 2019 and is currently estimated at $747,000. 1207 N 4th St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover 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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