NOT LISTED FOR SALE

18 S Water St Unit 6 Wilmington, NC 28401

Estimated Value: $1,011,000 - $1,199,000

3 Beds
3.5 Baths
2,306 Sq Ft
$1,196/mo HOA Fee

Last Sold August 21, 2024

Last sale price $1,085,000 $471 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,563/month

90 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River View
  • Furnished
  • Boat Dock
  • Wood Flooring
  • 3-minute walk to Riverfront Park

About This Home

As of August 2024

The charm and history of the Brooks building really come out in this spectacular, one of a kind corner condo. With over 2,300 of living space and three bedrooms with en-suite bathrooms, you will feel at home as soon as you walk in. The exposed brick walls, high ceilings, wooden beams and hardwood floors blend in with magnificent views of the Cape Fear River, the NC Battleship and the Cape Fear Memorial bridge. This condo comes fully furnished with very few exceptions. It has gone through a great renovation, with an updated kitchen to please all cooking styles, updated bathrooms and refinished hardwood floors. If you like an al fresco drink or coffee, enjoy the balcony on the river side. Upstairs are all the bedrooms, each one with beautiful views and its own character. The master bedroom is on the river side and the master bathroom offers new tiled walk-in shower, heated tiled floors and a stunning stand-up tub. Double vanities, new counters and lighting are there also. All bathrooms are updated with style. Your new home or vacation spot is within walking distance of all that downtown Wilmington offers: the River Walk, restaurants, entertainment venues, bars, shops, etc. But wait, there's more: there are two day docks to accommodate your boat or have friends over by water. Come and see it for yourself. Private showings only. One year parking pass is being offered to new owners!

Last Agent to Sell the Property

The Rieker Team

Intracoastal Realty Corp Listed on: 04/30/2024

Intracoastal Realty Corp

Last Buyer's Agent

Don Harris

Intracoastal Realty Corporation License #205472

Intracoastal Realty Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1920

Lot Details

  • River Front
  • Sprinkler System

HOA Fees

  • $1,196 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Membrane Roofing
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,306 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • River Views
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Balcony

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R05308-001-001-006

Community Details

Overview

  • Master Insurance
  • Brooks Building Coa, Phone Number (910) 798-3147
  • Brooks Building Condo Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Security Service
  • Resident Manager or Management On Site
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,734

Year Built

Built in 1920

Lot Details

0

HOA Fees

$1,196 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1920
  • Trash Collection: City Pick-UP
  • Road Frontage Type: River Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Foyer, Furnished, Kitchen Island, Pantry, Smoke Detectors, Solid Surface, Sprinkler System, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 477.02
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2306.00
  • Total Heated Primary Separate Sq Ft: 2306.00

Exterior Features

  • Exterior Features: None, Storm Doors
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: Ask re:parking pass
  • Parking Driveway: None, Street Only

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central, Heat Pump, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Flood Insurance, Maint - Comm Areas, Maintenance Structure, Management, Master Insure, Pest Control, Security, See Remarks, Sewer, Taxes, Termite Bond, Trash, Water
  • HOAAssociationFee1Year: 14348.00
  • HOAAssociationName: Brooks Building COA
  • HOAAssociationPhone: 9107983147

Lot Info

  • Deed Page: 2659.00
  • Lot Description: See Remarks
  • Lot Water Features: Boat Dock, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Water Access Comm, Water Depth 4+
  • Plat Book: 11
  • Plat Page: 202
  • Zoning: CBD
  • Lot View Type: River View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R05308-001-001-006
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2734.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Aug 12, 2024
Sold by
Martin Marshal Ken and Martin Laura Louise
Bought by
Butler Traci Lynn and Berberian Lance Vartan
Seller's Agent
The Rieker Team
Intracoastal Realty Corp
Buyer's Agent
Don Harris
Intracoastal Realty Corporation
List Price
$1,100,000
Sold Price
$1,085,000
Premium/Discount to List
-$15,000
-1.36%
Views
94
Current Estimated Value
$1,118,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,484
Avg. Annual Appreciation
2.80%

Purchase Details

Listed on
Jul 19, 2019
Closed on
Mar 22, 2021
Sold by
Gosstyla Ted and Ted Gosstyla Living Trust
Bought by
Martin Marshal Ken and Martin Laura Louise
Seller's Agent
Will Musselwhite
Landmark Sotheby's International Realty
Buyer's Agent
The Rieker Team
Intracoastal Realty Corp
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$548,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Gosstyla Ted
Bought by
Gosstyla Ted and The Ted Gosstyla Living Trust

Purchase Details

Closed on
Nov 1, 2010
Sold by
Bank Of America National Association
Bought by
Gosstyla Ted

Purchase Details

Closed on
Sep 16, 2009
Sold by
Waldrep Douglas A and Waldrep Heda M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Feb 21, 2007
Sold by
Rose Terrol L and Harkins Rose Pamela
Bought by
Waldrep Douglas A and Waldrep Heda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1999
Sold by
Rose Terrol L
Bought by
Rose Terrol L Pamela Harkins

Purchase Details

Closed on
Dec 14, 1998
Sold by
Riverwalk Partners Llc
Bought by
Rose Terrol L

Purchase Details

Closed on
Nov 20, 1997
Sold by
Riverfront Company Llc
Bought by
Riverwalk Partners Llc
Source: Public Records

Range of Values:

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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
Butler Traci Lynn $1,085,000 None Listed On Document
Martin Marshal Ken $700,000 None Available
Gosstyla Ted -- None Available
Gosstyla Ted $320,000 None Available
Bank Of America National Association $700,000 None Available
Waldrep Douglas A $955,000 None Available
Rose Terrol L Pamela Harkins -- --
Rose Terrol L $425,000 --
Riverwalk Partners Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Marshal Ken $548,250
Previous Owner Waldrep Douglas A $764,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,085,000 -1.4% $471 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $1,100,000 0.0% $477 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $1,100,000 +57.1% $477 / Sq Ft
03/23/2021 03/23/21 Sold $700,000 -6.7% $286 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
07/19/2019 07/19/19 For Sale $750,000 -- $306 / 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
2023 $5,527 $607,600 $0 $607,600
2022 $5,614 $613,700 $0 $613,700
2021 $5,588 $613,700 $0 $613,700
2020 $6,576 $585,400 $0 $585,400
2019 $6,576 $585,400 $0 $585,400
2018 $6,576 $585,400 $0 $585,400
2017 $6,576 $585,400 $0 $585,400
2016 $5,669 $511,600 $0 $511,600
2015 $5,418 $511,600 $0 $511,600
2014 $5,188 $511,600 $0 $511,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100441808

Hive MLS

APN: R05308-001-001-006