NOT LISTED FOR SALE

Estimated Value: $841,072 - $1,131,000

9 Beds
6 Baths
5,950 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $325,000 $55 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $5,833/month

100 Days on Market

Highlights

  • No HOA
  • Intercom
  • 5-minute walk to Robert Strange Park
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

BACK ON MARKET! 12- bedroom building. Remodeled in 2006 with six apartments (three on each floor) which rent for $725 each per month. Each has two bedrooms, kitchen, living rm, bathroom and laundry. Security entrance with intercom, central air throughout and separate electric meters for each unit! Located one block from Market street, near to the Cape Fear Museum, and a short stroll to all that Historic downtown Wilmington has to offer. Units need flooring, paint and some repairs, and this building has excellent potential.

Last Agent to Sell the Property

Jason Bell

Keller Williams Innovate-Wilmington License #225212 Listed on: 08/15/2015

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Jennifer Ford

RE/MAX Essential License #147538

RE/MAX Essential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1903

Lot Details

  • 4,051 Sq Ft Lot
  • Fenced Yard

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Permanent Attic Stairs
  • Intercom

Parking

  • Driveway
  • Paved Parking
  • On-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3127-07-9896.000

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Security Lighting

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,425

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: C
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Stairs - Perm
  • Basement: None
  • Fireplace: None
  • Interior Amenities: Intercom/Music
  • List Price per Sq Ft: 54.62
  • Total Heated Sq Ft: 5950.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Block
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Paved, Street Only

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • Property Mgmt Company: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 2724
  • Deed Page: 381.00
  • Lot Acres: 0.09
  • Lot Dimensions: unknown
  • Lot Sq Ft: 4051.00
  • Zoning: R-3

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 3127-07-9896.000
  • Tax Year: 2015

Multi Family

  • Number Total Units: 6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Wilmington Property Rental Llc
Bought by
Squid Properties 1 Llc
Current Estimated Value
$1,034,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Outstanding Balance
$413,606
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$600,518

Purchase Details

Listed on
Aug 15, 2015
Closed on
Jan 22, 2016
Sold by
Propeti Baltic Ingvestmt
Bought by
Wimingotn Property Reatallc
Seller's Agent
Jason Bell
Keller Williams Innovate-Wilmington
Buyer's Agent
Jennifer Ford
RE/MAX Essential
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$420,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2000
Sold by
Rolquin James E Monica D
Bought by
Baltic Investment Properties

Purchase Details

Closed on
Feb 17, 1997
Sold by
Harrington Jan Douglas
Bought by
Rolquin James E Monica D

Purchase Details

Closed on
Aug 3, 1995
Sold by
Perez Carlos Sharon
Bought by
Harrington Jan Douglas

Purchase Details

Closed on
Jun 1, 1985
Sold by
Henderson Sherrie J
Bought by
Perez Carlos Sharon

Purchase Details

Closed on
Oct 1, 1980
Sold by
Sonsky Murray
Bought by
Henderson Sherrie J

Purchase Details

Closed on
Jun 1, 1963
Bought by
Sonsky Murray
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Squid Properties 1 Llc $815,000 None Available
Wimingotn Property Reatallc $325,000 None Available
Baltic Investment Properties $154,000 --
Rolquin James E Monica D $78,000 --
Harrington Jan Douglas $80,000 --
Perez Carlos Sharon $4,500 --
Henderson Sherrie J -- --
Sonsky Murray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Squid Properties 1 Llc $652,000
Previous Owner Wimingotn Property Reatallc $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $325,000 0.0% $55 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
08/15/2015 08/15/15 For Sale $325,000 -- $55 / 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 $4,425 $523,700 $61,300 $462,400
2022 $4,451 $523,700 $61,300 $462,400
2021 $4,482 $523,700 $61,300 $462,400
2020 $3,032 $287,800 $44,800 $243,000
2019 $3,032 $287,800 $44,800 $243,000
2018 $3,032 $287,800 $44,800 $243,000
2017 $3,032 $287,800 $44,800 $243,000
2016 $3,973 $358,600 $55,000 $303,600
2015 $3,798 $358,600 $55,000 $303,600
2014 $3,636 $358,600 $55,000 $303,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 30526812

Hive MLS

APN: R05405-009-010-000