NOT LISTED FOR SALE

124 Walnut St Unit 503 Wilmington, NC 28401

Historic Downtown Neighborhood

Estimated Value: $457,000 - $589,000

2 Beds
2 Baths
1,400 Sq Ft
2007 Built

Last Sold June 05, 2017

Last sale price $251,000 $179 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,085/month

Highlights

  • Wood Flooring
  • Balcony
  • Walk-In Closet
  • Elevator
  • Tray Ceiling
  • 5-minute walk to Innes Park

About This Home

As of July 2024

2 bedroom, 2 bath condo in Bannerman Station featuring hardwood flooring throughout, granite counter tops, stainless appliances, new paint, new HVAC and water/heater as well as reverse osmosis system! Enjoy riverviews off your private balcony. Bannerman Station features onsite secured parking, security/doorman, and elevator. Steps to the Riverwalk, downtown restaurants, shopping, Wilson Center, Thalian Hall, Port City Marina, Live Oak Pavilion and all that downtown living offers.

Last Agent to Rent the Property

Town & Country RENTALS

Town & Country Real Estate Listed on: 01/18/2024

Last Renter's Agent

Town & Country RENTALS

Town & Country Real Estate Listed on: 01/18/2024

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry in Hall

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Off-Street Parking
  • Secure Parking

Outdoor Features

  • Balcony

Utilities

  • Heat Pump System
  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for hoa, sewer, trash removal, water

Community Details

Overview

  • Property has a Home Owners Association
  • Bannerman Station Subdivision

Amenities

  • Elevator

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Owner Pays: HOA, Sewer, Trash Removal, Water
  • Tenant Pays: Electricity
  • Leased Price Sq Ft: 1.29
  • Lease Price per Sq Ft: 1.32
  • Tenant Pays Other: $75/mo cable/int

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Condominium
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher, One
  • Year Built: 2007
  • PetsAllowedPetsAllowed: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling - Trey, Ceiling Fan(s), Pantry, Walk-In Closet
  • Laundry Location: Closet, Hall
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1400.00
  • Heated and Separate Living Space Sq Ft: 1400.00

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, On Site, Security

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Elevator(s), Sewer, Trash, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
May 26, 2017
Sold by
Columbus Robert D
Bought by
Varga Tracey L
Seller's Agent
Todd Toconis
Town & Country Real Estate
Buyer's Agent
Amy Brown
Keller Williams Innovate-Wilmington
List Price
$239,900
Sold Price
$251,000
Premium/Discount to List
$11,100
4.63%
Current Estimated Value
$532,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,327
Avg. Annual Appreciation
9.18%
Original Mortgage
$161,000
Outstanding Balance
$83,416
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$448,911

Purchase Details

Closed on
Apr 26, 2012
Sold by
Ty Greenstree Inc
Bought by
Columbus Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,161
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
May 24, 2011
Sold by
Suntrust Bank
Bought by
Ty Greentree Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
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:

--
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
Varga Tracey L $251,000 None Available
Columbus Robert D $217,000 None Available
Ty Greentree Inc $486,000 None Available
Suntrust Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varga Tracey L $161,000
Previous Owner Columbus Robert D $224,161
Previous Owner Ty Greentree Inc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Rented $1,800 -2.7% --
07/05/2024 07/05/24 Under Contract -- -- --
06/10/2024 06/10/24 Price Changed $1,850 -5.1% $1 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,950 -2.5% $1 / Sq Ft
05/03/2024 05/03/24 Price Changed $2,000 -9.1% $1 / Sq Ft
03/18/2024 03/18/24 Price Changed $2,200 -6.4% $2 / Sq Ft
03/08/2024 03/08/24 Price Changed $2,350 -9.6% $2 / Sq Ft
01/18/2024 01/18/24 For Rent $2,600 0.0% --
06/05/2017 06/05/17 Sold $251,000 +4.6% $179 / Sq Ft View Prior Sale
05/03/2017 05/03/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $239,900 -- $171 / 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 $3,455 $541,100 $0 $541,100
2023 $2,730 $292,100 $0 $292,100
2022 $2,672 $292,100 $0 $292,100
2021 $2,660 $292,100 $0 $292,100
2020 $2,679 $238,500 $0 $238,500
2019 $2,679 $238,500 $0 $238,500
2018 $2,679 $238,500 $0 $238,500
2017 $2,679 $238,500 $0 $238,500
2016 $2,977 $268,700 $0 $268,700
2015 $2,846 $268,700 $0 $268,700
2014 $2,725 $268,700 $0 $268,700
Source: Public Records

Agents Affiliated with this Home

  • Todd Toconis

    Seller's Agent in 2017

    Todd Toconis

    Town & Country Real Estate

    (910) 262-7653

    10 in this area

    119 Total Sales

    Todd Toconis
    Section Image

  • A

    Buyer's Agent in 2017

    Amy Brown

    Keller Williams Innovate-Wilmington

    Section Image
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Map

Source: Hive MLS

MLS Number: 100422712

Hive MLS

APN: R04720-004-012-028

North Carolina New Hanover County Wilmington 28401 Historic Downtown

124 Walnut St Unit 503, Wilmington, NC

Not Listed for Sale

Condos

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