NOT LISTED FOR SALE

Estimated Value: $441,000 - $532,000

1 Bed
2 Baths
1,353 Sq Ft
$300/mo HOA Fee

Last Sold December 13, 2013

Last sale price $219,000 $162 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,153/month

35 Days on Market

Highlights

  • River View
  • Main Floor Primary Bedroom
  • Balcony
  • Wood Flooring
  • Corner Lot
  • 5-minute walk to Innes Park

About This Home

As of December 2013

Beautiful 3rd floor condo in the upscale Bannerman Building located on the corner of 2nd an Walnut Street. One level living located close walking distance to shops, offices, PPD, Library and Cape Fear Community College. Great value in a nicely done building.

Last Agent to Sell the Property

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 10/25/2013

Intracoastal Realty Corp

Last Buyer's Agent

Kirby Keene

BlueCoast Realty Corporation License #200732

BlueCoast Realty Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 2006

Lot Details

  • Property fronts an alley
  • Decorative Fence
  • Brick Fence
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Steel Frame
  • Membrane Roofing
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 1,353 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • River Views
  • Pest Guard System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Lighted Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 311708.79.8982.015

Community Details

Overview

  • Bannerman Station Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,916

Year Built

Built in 2006

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Elevator, Sprinkler System
  • List Price per Sq Ft: 176.64
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 1
  • Number Rooms: 5
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1353.00
  • Total Heated Primary Separate Sq Ft: 1353.00

Exterior Features

  • Fencing: Brick, Metal/Ornamental
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Alley, Public (City/Cty/St), Paved
  • Roof: Membrane
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Garage And Parking Other See Remarks: Cmnt,Lghtd
  • Parking Driveway: Assigned, Lighted, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Disposal
  • Cooling System: Central
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Water, Trash, Taxes, Sidewalk, Sewer, Management, Maintenance Structure
  • HOAAssociationFee1Year: 3605.16

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1280.00
  • Lot Description: Corner Lot
  • Lot Dimensions: Condo
  • Zoning: CBD
  • Lot View Type: River View

Tax Info

  • Tax Identifier: 311708.79.8982.015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 6, 2013
Sold by
Green Michael Edward and Green Larissa
Bought by
Morgan Thomas L
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Kirby Keene
BlueCoast Realty Corporation
List Price
$239,000
Sold Price
$219,000
Premium/Discount to List
-$20,000
-8.37%
Total Days on Market
35
Current Estimated Value
$479,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,794
Avg. Annual Appreciation
7.07%

Purchase Details

Listed on
May 19, 2012
Closed on
Jun 28, 2012
Sold by
Suntrust Bank
Bought by
Mm Lonni Inc
Seller's Agent
Jimmy Hopkins
Intracoastal Realty Corp
Buyer's Agent
Todd Toconis
Town & Country Real Estate
List Price
$219,900
Sold Price
$217,000
Premium/Discount to List
-$2,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.64%
Original Mortgage
$206,150
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2012
Closed on
Jun 11, 2012
Sold by
Mm Lonni Inc
Bought by
Green Michael Edward and Green Larissa
Seller's Agent
Jimmy Hopkins
Intracoastal Realty Corp
Buyer's Agent
Todd Toconis
Town & Country Real Estate
List Price
$219,900
Sold Price
$217,000
Premium/Discount to List
-$2,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Suntrust Bank
Bought by
Mm Lonni Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2010
Sold by
Bannerman Holdings Llc
Bought by
Suntrust Bank
Source: Public Records

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Range of Values:

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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
Morgan Thomas L $219,000 None Available
Mm Lonni Inc -- --
Green Michael Edward $217,000 None Available
Mm Lonni Inc $486,000 None Available
Suntrust Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Michael Edward $206,150
Previous Owner Mm Lonni Inc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $219,000 -8.4% $162 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $239,000 +10.1% $177 / Sq Ft
07/09/2012 07/09/12 Sold $217,000 -1.3% $160 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/19/2012 05/19/12 For Sale $219,900 -- $163 / 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 $1,916 $273,300 $0 $273,300
2022 $1,875 $273,300 $0 $273,300
2021 $1,244 $273,300 $0 $273,300
2020 $2,513 $223,700 $0 $223,700
2019 $2,513 $223,700 $0 $223,700
2018 $2,513 $223,700 $0 $223,700
2017 $2,513 $223,700 $0 $223,700
2016 $2,535 $228,800 $0 $228,800
2015 $2,423 $228,800 $0 $228,800
2014 $2,320 $228,800 $0 $228,800
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30498022

Hive MLS

APN: R04720-004-012-015