NOT LISTED FOR SALE

Estimated Value: $691,632 - $971,000

4 Beds
2 Baths
5,000 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $477,000 $95 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,720/month

41 Days on Market

Highlights

  • 0.19 Acre Lot
  • Covered patio or porch
  • Brick Exterior Construction
  • No HOA
  • Formal Dining Room
  • Central Air

About This Home

As of November 2020

This historic house was built in 1926 and used as a residence for 50 years. The 2-story house was built and owned by 2 brothers - each family had separate living quarters, separated by the 1st and 2nd floor, with separate entrances on the bottom floor front porch. Each floor had its own kitchen with living areas, with front porches on each level. In the mid-1970's, the Marshall, Williams and Gorham Law Firm purchased the home and converted it to a law office, and removing both Kitchens for Office use. The bathrooms are still in their original locations. Location makes this excellent for an office user or a great renovation project, to restore this structure back to an Historic House, under the guidance of the Wilmington Preservation Commission for Historic Houses. There is parking in the rear for approximately 3 to 4 vehicles and street parking along 5th Avenue. Additional parking is available across the street for 10 to 12 vehicles that can be purchased separately (MLS#100235699). Shopping, dining and the Cape Fear River are just a few blocks away. Come take a tour of this historic property!

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 09/08/2020

Intracoastal Realty Corp

Last Buyer's Agent

Jan Brewington

Dram Tree Realty License #203985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,596

Year Built

  • Built in 1926

Lot Details

  • 8,072 Sq Ft Lot
  • Lot Dimensions are 60x144
  • Property fronts an alley
  • Property is zoned HD

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2 Full Bathrooms
  • 5,000 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Crawl Space

Attic

  • Attic Floors
  • Permanent Attic Stairs
  • Partially Finished Attic

Parking

  • 4 Parking Spaces
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04817-036-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,596

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3rd Floor Unit, Two, Basement
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Stairs - Perm, Floored - Partial
  • Dining Room Type: Formal
  • Fireplace: None
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: None
  • List Price per Sq Ft: 99.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Number Rooms: 10
  • Sq Ft Heated: 5000.00
  • Total Heated Primary Separate Sq Ft: 5000.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Alley
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Dirt, On Site, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 77.00
  • Lot Acres: 0.19
  • Lot Dimensions: 60x144
  • Lot Sq Ft: 8072.00
  • Special Assessments: Noen
  • Zoning: HD

Tax Info

  • Tax Identifier: R04817-036-015-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Dt Parker Properties Ltd Liability Co
Bought by
Orourke Michelle Lee and Miller Eric John
Current Estimated Value
$815,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$451,467
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$380,850

Purchase Details

Closed on
Jun 6, 2022
Sold by
Orourke and Eric
Bought by
Dt Parker Properties Ltd

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 4, 2020
Sold by
Mw & G Properties Llc
Bought by
Orouke Michelle and Miller Eric
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Jan Brewington
Dram Tree Realty
List Price
$499,000
Sold Price
$477,000
Premium/Discount to List
-$22,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
Jan 5, 1998
Sold by
Mwgb Properties
Bought by
Mw&G Properties Llc

Purchase Details

Closed on
Jul 1, 1983
Sold by
Willmar Development Co
Bought by
Mwgb Properties

Purchase Details

Closed on
Jan 1, 1969
Bought by
Willmar Development Co
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
Orourke Michelle Lee -- None Listed On Document
Dt Parker Properties Ltd -- Roen Law Pc
Orouke Michelle $477,000 None Available
Mw&G Properties Llc $350,000 --
Mwgb Properties $173,000 --
Willmar Development Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orourke Michelle $150,000
Open Orourke Michelle Lee $460,000
Previous Owner Dt Parker Properties Ltd $170,000
Previous Owner Mw & G Properties Llc $501,000
Previous Owner Mw & G Properties Llc $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $477,000 -4.4% $95 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $499,000 -- $100 / 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
2024 $2,596 $298,400 $53,400 $245,000
2023 $2,521 $298,400 $53,400 $245,000
2022 $2,554 $298,400 $53,400 $245,000
2021 $1,915 $298,400 $53,400 $245,000
2020 $5,248 $498,200 $136,000 $362,200
2019 $5,248 $498,200 $136,000 $362,200
2018 $5,248 $498,200 $136,000 $362,200
2017 $5,248 $498,200 $136,000 $362,200
2016 $5,626 $507,800 $136,000 $371,800
2015 $5,378 $507,800 $136,000 $371,800
2014 $5,149 $507,800 $136,000 $371,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100235649

Hive MLS

APN: R04817-036-015-000