Seller's Agent in 2020
Kathy Greer
Nest Realty
(910) 726-4140
66 Total Sales
18 S Water St Unit 10 Wilmington, NC 28401
Estimated Value: $655,000 - $906,000
2
Beds
2.5
Baths
1,421
Sq Ft
$717/mo
HOA Fee
Highlights
- Deeded Waterfront Access Rights
- River View
- Balcony
- Boat Dock
- Formal Dining Room
- 3-minute walk to Riverfront Park
About This Home
As of October 2020Have you dreamed of living in a Historic Building directly on the Wilmington River Walk? Dreams really do come true and now is your opportunity to own part of the J.W. Brooks Building! This Beautiful 2 bedroom, 2.5 bath condo has been meticulously maintained inside and out. With thoughtful preservation, the building has just completed rebuild of the underpinnings, waterproofing of the exterior is underway and a newer roof installed (5 years old). The HOA is also in the process of rebuilding and refreshing the floating dock and outside deck that you can enjoy year round. The building is built to withstand any storm with three courses of exterior brick walls. Inside, careful attention to detail including original exposed brick, beams and soaring wood ceilings and one of a kind 300 year old heart pine custom countertops. With 180 degrees of unobstructed views of downtown, the Cape Fear Memorial Bridge, the USS North Carolina and Eagle Island the balconies on this building are the only ones perched directly above the 1.75 mile Riverwalk giving these units the best views in town; and the sunsets are amazing. There is a place for your boat at the marina less than a mile away and you can park your car in the lot across the street or in the garage less than 2 blocks away for a monthly rate. However you won't need a car because from this unbelievable location you can easily walk to everything Downtown has to offer including restaurants, shops, Theaters, Festivals, Farmer's Market, Nightlife and of course the River Walk. Seller willing to sell most furniture with the condo with the right offer. *Make sure you check out the attached Matterport Virtual Walk Through!*
Last Buyer's Agent
James Branch
Coldwell Banker Sea Coast Advantage
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,946
Year Built
- Built in 1920
Lot Details
- River Front
- Sprinkler System
HOA Fees
- $717 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Membrane Roofing
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,421 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Blinds
- Living Room
- Formal Dining Room
- River Views
- Laundry in Hall
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Home Security
- Intercom
- Pest Guard System
- Termite Clearance
Outdoor Features
- Deeded Waterfront Access Rights
- Deep Water Access
- Balcony
Utilities
- Central Air
- Heat Pump System
- Co-Op Water
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R05308-001-001-010
Community Details
Overview
- Roof Maintained by HOA
- Master Insurance
- Brooks Building Condo Subdivision
- Maintained Community
Recreation
- Boat Dock
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2011
Closed on
Feb 21, 2012
Sold by
Wells Fargo Bank Na
Bought by
Graham William Pierson and Bramble Kathryn P
Seller's Agent
Terri Parrish
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Kathleen Baylies
Just For Buyers Realty, LLC
List Price
$275,000
Sold Price
$215,000
Premium/Discount to List
-$60,000
-21.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,340
Avg. Annual Appreciation
10.09%
Original Mortgage
$161,250
Interest Rate
3.89%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 17, 2011
Sold by
Pierce David W
Bought by
Wells Fargo Bank N A
Purchase Details
Closed on
Jun 6, 2006
Sold by
Hale William K and Hale Ann L
Bought by
Pierce David W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 2004
Sold by
Helderman Shanler A
Bought by
Hale William K Ann L
Purchase Details
Closed on
Dec 11, 1998
Sold by
Riverwalk Partners Llc
Bought by
Helderman Shanler A
Purchase Details
Closed on
Nov 20, 1997
Sold by
Riverfront Company Llc
Bought by
Riverwalk Partners Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Graham William Pierson | $215,000 | None Available | |
| Wells Fargo Bank N A | $259,250 | None Available | |
| Pierce David W | $525,000 | None Available | |
| Hale William K Ann L | $325,000 | -- | |
| Helderman Shanler A | $270,000 | -- | |
| Riverwalk Partners Llc | $1,200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Graham William Pierson | $161,250 | |
| Previous Owner | Pierce David W | $472,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $530,000 | -2.8% | $373 / Sq Ft |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- |
| 05/28/2020 05/28/20 | For Sale | $545,000 | +153.5% | $384 / Sq Ft |
| 03/23/2012 03/23/12 | Sold | $215,000 | -21.8% | $153 / Sq Ft |
| 03/01/2012 03/01/12 | Pending | -- | -- | -- |
| 11/08/2011 11/08/11 | For Sale | $275,000 | -- | $196 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $4,946 | $529,100 | $0 | $529,100 |
| 2023 | $4,946 | $529,100 | $0 | $529,100 |
| 2022 | $4,840 | $529,100 | $0 | $529,100 |
| 2021 | $4,817 | $529,100 | $0 | $529,100 |
| 2020 | $4,375 | $389,400 | $0 | $389,400 |
| 2019 | $4,375 | $389,400 | $0 | $389,400 |
| 2018 | $4,375 | $389,400 | $0 | $389,400 |
| 2017 | $4,375 | $389,400 | $0 | $389,400 |
| 2016 | $3,070 | $277,100 | $0 | $277,100 |
| 2015 | $2,934 | $277,100 | $0 | $277,100 |
| 2014 | $2,810 | $277,100 | $0 | $277,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Greer
-
J
Buyer's Agent in 2020
James Branch
Coldwell Banker Sea Coast Advantage
-
T
Seller's Agent in 2012
Terri Parrish
Berkshire Hathaway HomeServices Carolina Premier Properties
-
K
Buyer's Agent in 2012
Kathleen Baylies
Just For Buyers Realty, LLC
Map
Source: Hive MLS
MLS Number: 100219565
APN: R05308-001-001-010
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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