RENTED APR 1, 2025

123 Covil Ave Unit 101 Wilmington, NC 28403

Old East Wilmington Neighborhood

Estimated Value: $219,000 - $230,000

2 Beds
2 Baths
1,050 Sq Ft
2013 Built

Last Sold January 03, 2025

Last sale price $219,000 $209 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,289/month

Highlights

  • Community Pool
  • Community Barbecue Grill
  • Ceiling Fan
  • Covered Patio or Porch
  • Ceiling height of 9 feet or more
  • Heat Pump System

About This Home

As of April 2025

Welcome to this stunning 1st floor condo located in the gated community of Wilmington, NC. This modern unit features 9ft ceilings, LVP/LVT flooring, and ceiling fans throughout. The kitchen boasts stainless steel appliances, granite countertops, a pantry, and glass slider doors leading to a private patio perfect for outdoor dining or relaxing. The spacious bedroom includes a walk-in shower and convenient washer/dryer. Residents can enjoy the community pool, barbecue area, and the convenience of HOA covering water and trash as well as lawn maintenance. With window blinds included, this condo is move-in ready for you to enjoy a comfortable and stylish living space.Tenant Placement.NO SMOKING.NO PETS.

Last Agent to Rent the Property

Lorenzo Espinosa

Advantage Rentals, LLC License #315613 Listed on: 01/27/2025

Last Renter's Agent

Lorenzo Espinosa

Advantage Rentals, LLC License #315613 Listed on: 01/27/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2013

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Covered Patio or Porch

Schools

  • Forest Hills Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • The owner pays for cable TV, hoa, water, sewer, pest control, lawn maint

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Covil Garden Condominiums Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2013

Lot Details

0

Rental Info

  • Owner Pays: Cable TV, HOA, Water, Sewer, Pest Control, Lawn Maint
  • Tenant Pays: Deposit, Electricity

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Condominium
  • Stories: 1.0
  • Stories Levels: 1st Floor, One
  • Year Built: 2013
  • PetsAllowedPetsAllowed: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: None
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2

Exterior Features

  • Fencing: None
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Paved

Garage/Parking

  • Parking Driveway: Parking Lot, Paved

Utilities

  • Fuel Tank: None
  • Heating System: Heat Pump
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Barbecue, Pest Control, Master Insure, Maint - Grounds, Maint - Comm Areas, Community Pool, Cable

MLS Schools

  • Elementary School: Forest Hills
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2024
Closed on
Dec 18, 2024
Sold by
Left Field Llc
Bought by
Shin Hocheol
Seller's Agent
Cyndi Bates
Essential Rental Management Company
Buyer's Agent
Ashley Marcinko
REAL Broker LLC
List Price
$220,000
Sold Price
$219,000
Premium/Discount to List
-$1,000
-0.45%
Views
24
Current Estimated Value
$224,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,721
Avg. Annual Appreciation
2.84%
Original Mortgage
$184,000
Outstanding Balance
$182,567
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$42,154

Purchase Details

Listed on
Jul 3, 2019
Closed on
Oct 11, 2019
Sold by
Russell Cynthia L
Bought by
Left Field Llc
Seller's Agent
Adam Sink
Keller Williams Innovate-Wilmington
Buyer's Agent
Kevin Deane
Keller Williams Innovate-Wilmington
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%

Purchase Details

Listed on
Sep 15, 2013
Closed on
Jun 4, 2015
Sold by
R L Blanton & Co Inc
Bought by
Russell Cynthia L
Seller's Agent
Christina Block
Coldwell Banker Sea Coast Advantage-Hampstead
Buyer's Agent
Angie Robinson
RE/MAX Essential
List Price
$119,900
Sold Price
$113,500
Premium/Discount to List
-$6,400
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$107,402
Interest Rate
3.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shin Hocheol $219,000 None Listed On Document
Shin Hocheol $219,000 None Listed On Document
Shin Hocheol $219,000 None Listed On Document
Left Field Llc $135,000 None Available
Russell Cynthia L $113,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Hocheol $184,000
Closed Shin Hocheol $184,000
Previous Owner Russell Cynthia L $107,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Rented $1,450 0.0% --
03/13/2025 03/13/25 Price Changed $1,450 -1.7% $1 / Sq Ft
02/24/2025 02/24/25 Price Changed $1,475 0.0% $1 / Sq Ft
02/24/2025 02/24/25 For Rent $1,475 -1.7% --
02/05/2025 02/05/25 Off Market $1,500 -- --
01/30/2025 01/30/25 Price Changed $1,500 -4.8% $1 / Sq Ft
01/27/2025 01/27/25 For Rent $1,575 0.0% --
01/03/2025 01/03/25 Sold $219,000 -0.5% $214 / Sq Ft View Prior Sale
12/02/2024 12/02/24 Pending -- -- --
11/03/2024 11/03/24 For Sale $220,000 +63.0% $215 / Sq Ft
10/18/2019 10/18/19 Sold $135,000 -6.9% $131 / Sq Ft View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $145,000 +27.8% $140 / Sq Ft
06/05/2015 06/05/15 Sold $113,500 -5.3% $108 / Sq Ft View Prior Sale
05/17/2015 05/17/15 Pending -- -- --
09/15/2013 09/15/13 For Sale $119,900 -- $114 / 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 $1,284 $218,200 $0 $218,200
2024 $1,324 $152,200 $0 $152,200
2023 $1,286 $152,200 $0 $152,200
2022 $1,294 $152,200 $0 $152,200
2021 $651 $152,200 $0 $152,200
2020 $1,152 $109,400 $0 $109,400
2019 $1,152 $109,400 $0 $109,400
2018 $1,152 $109,400 $0 $109,400
2017 $1,152 $109,400 $0 $109,400
2016 $999 $90,200 $0 $90,200
2015 $955 $90,200 $0 $90,200
2014 -- $71,200 $0 $71,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2025

    Lorenzo Espinosa

    Advantage Rentals, LLC

    (910) 799-5531

    1 in this area

    4 Total Sales

    Lorenzo Espinosa
    Section Image

  • C

    Seller's Agent in 2025

    Cyndi Bates

    Essential Rental Management Company

    (843) 359-0841

    1 in this area

    18 Total Sales

    Cyndi Bates
    Section Image

  • A

    Buyer's Agent in 2025

    Ashley Marcinko

    REAL Broker LLC

    (919) 348-2585

    1 in this area

    10 Total Sales

    Ashley Marcinko
    Section Image

  • A

    Seller's Agent in 2019

    Adam Sink

    Keller Williams Innovate-Wilmington

  • K

    Buyer's Agent in 2019

    Kevin Deane

    Keller Williams Innovate-Wilmington

    (910) 264-6506

    22 Total Sales

    Kevin Deane
    Section Image

  • C

    Seller's Agent in 2015

    Christina Block

    Coldwell Banker Sea Coast Advantage-Hampstead

See All Agents

Map

Source: Hive MLS

MLS Number: 100485458

Hive MLS

APN: R04917-004-033-013

North Carolina New Hanover County Wilmington 28403 Old East Wilmington

123 Covil Ave Unit 101, Wilmington, NC

Not Listed for Sale

Condos

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