NOT LISTED FOR SALE

18 E Henderson St Wrightsville Beach, NC 28480

Estimated Value: $2,144,000 - $2,818,687

6 Beds
4 Baths
2,160 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $1,116,000 $517 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $13,513/month

142 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Wrightsville Beach Elementary School Rated A
  • Covered Patio or Porch
  • Central Air

About This Home

As of July 2020

Presented for sale are (2) completely self-sufficient 3BR/2BA units located a wedge shot away from the ocean on a prized stretch of the island. This multi-family duplex sits on a large second row lot with R-2 zoning. 18 East Henderson is a classic beach cottage offering great potential and usage flexibility. Currently on long term rental program with gross annual income of 60K. Now is your chance to make one unit your own for secondary or primary use, while continuing to rent the other. Revitalize the interior for short term vacation rentals. Or start from scratch and build a brand new 2-unit duplex. Possibilities are endless. Upper HVAC: 2019. Lower HVAC: 2018. Roof: 2018. Sunscreen included with acceptable offer.

Last Agent to Sell the Property

Team Hardee Hunt & Williams

Hardee Hunt & Williams Listed on: 07/02/2020

Last Buyer's Agent

Shane Register Team

Coldwell Banker Sea Coast Advantage-Midtown

Coldwell Banker Sea Coast Advantage-Midtown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 50 x 80

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Piling Construction

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Fire and Smoke Detector
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Attached Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Hoggard High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05720-025-001-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Appliances Equipment: Dishwasher, Refrigerator
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Cooling System: Central
  • Deed Page: 1816.00
  • Directions To Property: From Wrightsville Beach bridge, take slight left onto W Salisbury St. Turn right onto N Lumina Ave. Turn left at the 2nd cross street onto E Henderson St .Property will be on the right.
  • Document Count: 4
  • Elementary School: Wrightsville Beach
  • Fencing: Partial
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • High School: Hoggard
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100225029
  • List Priceper Sq Ft: 519.44
  • Location Type: Island
  • Lot Acres: 0.09
  • Lot Dimensions: 50 x 80
  • Lot Sq Ft: 4000.00
  • Lot Water Features: Second Row
  • Marketing City: Wrightsville Beach
  • Middle School: Noble
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch
  • Pre Direction: E
  • Prospect Exempt: No
  • Rental Income Gross Rental Income: 60600.00
  • Road Type Frontage: Public (City/Cty/St)
  • School District: New Hanover
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: 2nd Floor, 3rd Floor
  • Subdivision: Other
  • Tax Identifier: R05720-025-001-001
  • Tax Year: 2019
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Year Built: 1977
  • Zoning: R-2
  • Financials Available: No
  • Property Mgmt Company: No
  • Appliance: Dishwasher, Refrigerator
  • Cooling: Central
  • Features: Patio/Balcony/Deck
  • Occupied: Yes
  • Rent Frequency: 2450.00
  • Rent Frequency: Annual
  • Side Unit2 Appliance: Dishwasher, Refrigerator
  • Side Unit2 Cooling: Central
  • Side Unit2 Features: Patio/Balcony/Deck
  • Side Unit2 Heating: Heat Pump
  • Side Unit2 Occupied: Yes
  • Side Unit2 Rent: 2600.00
  • Side Unit2 Rent Frequency: Annual
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Laminate
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors
  • Laundry Location: Room
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Carport Spaces: 4.00
  • Total Carport Spaces: 4.00
  • Parking Driveway: Carport, Off Street

Utilities

  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating: Heat Pump

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jul 7, 2020
Sold by
Lees William B and Beck Monica L
Bought by
Vanhouten Matthew Van and Vanhouten Christina Van
Seller's Agent
Team Hardee Hunt & Williams
Hardee Hunt & Williams
Buyer's Agent
Shane Register Team
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$1,122,000
Sold Price
$1,116,000
Premium/Discount to List
-$6,000
-0.53%
Current Estimated Value
$2,443,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,327,896
Avg. Annual Appreciation
15.32%
Original Mortgage
$781,200
Outstanding Balance
$691,170
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,752,726

Purchase Details

Closed on
Aug 31, 2009
Sold by
Beck Monica L and Lees William B
Bought by
Beck Monica L and Lees William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2002
Sold by
Beck George W
Bought by
Beck Monica L

Purchase Details

Closed on
Apr 30, 1993
Sold by
Beck George W Barbara
Bought by
Beck George W

Purchase Details

Closed on
Jun 1, 1977
Bought by
Beck George W Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vanhouten Matthew Van $1,116,000 None Available
Beck Monica L -- None Available
Beck Monica L $550,000 --
Beck George W -- --
Beck George W Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhouten Matthew Van $781,200
Previous Owner Beck Monica L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $1,116,000 -0.5% $517 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,122,000 -- $519 / 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 $8,809 $2,453,100 $1,605,500 $847,600
2023 $5,914 $1,090,500 $850,000 $240,500
2022 $5,087 $929,500 $850,000 $79,500
2021 $5,939 $1,046,900 $850,000 $196,900
2020 $7,049 $1,032,800 $894,700 $138,100
2019 $7,049 $1,032,800 $894,700 $138,100
2018 $7,049 $1,032,800 $894,700 $138,100
2017 $7,204 $1,032,800 $894,700 $138,100
2016 $7,199 $952,200 $806,000 $146,200
2015 $6,732 $952,200 $806,000 $146,200
2014 $6,542 $952,200 $806,000 $146,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100225029

Hive MLS

APN: R05720-025-001-001