NOT LISTED FOR SALE

124 Walnut St Unit 402 Wilmington, NC 28401

Historic Downtown Neighborhood

Estimated Value: $522,000 - $606,000

2 Beds
2 Baths
1,499 Sq Ft
$406/mo HOA Fee

Last Sold June 30, 2016

Last sale price $222,500 $148 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,768/month

62 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Corner Lot
  • River View
  • End Unit
  • 5-minute walk to Innes Park

About This Home

As of June 2016

Welcome to Bannerman Station in the heart of downtown Wilmington and the best value in the building! Luxury corner unit condo features expansive windows and downtown views, hardwood flooring, granite countertops, stainless steel appliances, open floorplan, 2 bedrooms with 2 full bathrooms, and the master bath includes glamour shower. Other special features include trey ceilings, crown molding, outside storage room, and a private balcony with river views. Bannerman Station offers front desk security, gated garage access with reserved parking space, pet run area and more. Located within steps of everything downtown Wilmington has to offer. This unit will not last long!

Last Agent to Sell the Property

Gary Traflet

Living Seaside Realty Group License #246499 Listed on: 04/26/2016

Last Buyer's Agent

Todd Toconis

Town & Country Real Estate License #123283

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $406 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • River Views
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking
  • Assigned Parking
  • Secure Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04720-004-012-019

Community Details

Overview

  • Master Insurance
  • Bannerman Station Subdivision
  • Maintained Community

Amenities

  • Community Storage Space

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,998

Year Built

Built in 2006

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Entrance, Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher Unit, One, End Unit
  • 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: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Wash/Dry Connect, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Elevator, Ceiling Fan(s)
  • Laundry Location: Hall
  • List Price per Sq Ft: 160.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Primary Bedroom Level: Fourth
  • Sq Ft Heated: 1499.00
  • Total Heated Primary Separate Sq Ft: 1499.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, See Remarks
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Garage And Parking Other See Remarks: Cmnt
  • Parking Driveway: Assigned, Off Street, Security, On Site, Carport

Utilities

  • Appliances Equipment: Microwave - Built-In, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Sewer, Water, Trash, Taxes, Storage, Pest Control, Security, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 4872.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2576.00
  • Lot Description: Corner Lot
  • Lot Dimensions: irregular
  • Plat Book: 1
  • Plat Page: 1
  • Zoning: CBD
  • Lot View Type: River View, Water View

Tax Info

  • Tax Identifier: R04720-004-012-019
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2998.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 28, 2016
Sold by
Yarbrough David James
Bought by
Maynard Russell M and Shoemaker Deborah M
Seller's Agent
Gary Traflet
Living Seaside Realty Group
Buyer's Agent
Todd Toconis
Town & Country Real Estate
List Price
$264,000
Sold Price
$222,500
Premium/Discount to List
-$41,500
-15.72%
Current Estimated Value
$571,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,200
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
Jan 1, 2013
Sold by
Yarbrough James B and Yarbrough Christine B
Bought by
Yarbrough David James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2012
Sold by
Yarbrough David
Bought by
Yarbrough David

Purchase Details

Listed on
Jul 7, 2011
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
Doc Hamm
Coastal Properties
List Price
$284,900
Sold Price
$235,000
Premium/Discount to List
-$49,900
-17.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
Jul 7, 2011
Closed on
Apr 18, 2012
Sold by
Mm Lonni Inc
Bought by
Yarbrough David
Seller's Agent
Jimmy Hopkins
Intracoastal Realty Corp
Buyer's Agent
Doc Hamm
Coastal Properties
List Price
$284,900
Sold Price
$235,000
Premium/Discount to List
-$49,900
-17.51%

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

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
Maynard Russell M $223,000 None Available
Yarbrough David James -- None Available
Yarbrough David -- --
Mm Lonni Inc -- --
Yarbrough David $235,000 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 Yarbrough David James $156,000
Previous Owner Mm Lonni Inc $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2016 06/30/16 Sold $222,500 -15.7% $148 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $264,000 +12.3% $176 / Sq Ft
06/13/2012 06/13/12 Sold $235,000 -17.5% $160 / Sq Ft View Prior Sale
04/27/2012 04/27/12 Pending -- -- --
07/07/2011 07/07/11 For Sale $284,900 -- $193 / 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 $4,080 $551,600 $0 $551,600
2023 $4,080 $436,500 $0 $436,500
2022 $3,974 $436,500 $0 $436,500
2021 $3,974 $436,500 $0 $436,500
2020 $3,174 $282,500 $0 $282,500
2019 $3,174 $282,500 $0 $282,500
2018 $3,174 $282,500 $0 $282,500
2017 $3,174 $282,500 $0 $282,500
2016 $3,137 $283,100 $0 $283,100
2015 $2,998 $283,100 $0 $283,100
2014 $2,871 $283,100 $0 $283,100
Source: Public Records

Agents Affiliated with this Home

  • Gary Traflet

    Seller's Agent in 2016

    Gary Traflet

    Living Seaside Realty Group

    (910) 620-8838

    3 in this area

    204 Total Sales

    Gary Traflet
    Section Image
  • Todd Toconis

    Buyer's Agent in 2016

    Todd Toconis

    Town & Country Real Estate

    (910) 262-7653

    10 in this area

    126 Total Sales

    Todd Toconis
    Section Image

  • J

    Seller's Agent in 2012

    Jimmy Hopkins

    Intracoastal Realty Corp

  • D

    Buyer's Agent in 2012

    Doc Hamm

    Coastal Properties

    (910) 256-8171

    15 Total Sales

    Doc Hamm
    Section Image
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Map

Source: Hive MLS

MLS Number: 100010348

Hive MLS

APN: R04720-004-012-019

North Carolina New Hanover County Wilmington 28401 Historic Downtown

124 Walnut St Unit 402, Wilmington, NC

This home is located at 124 Walnut St Unit 402, Wilmington, NC 28401 since 26 April 2016 and is currently estimated at $571,700, approximately $381 per square foot. This property was built in 2006. 124 Walnut St Unit 402 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.

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