NOT LISTED FOR SALE

Estimated Value: $520,566 - $657,000

2 Beds
1 Bath
2,418 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $489,000 $202 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,530/month

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Entrance Foyer
  • John T. Hoggard High School Rated A-
  • No HOA
  • Ceiling height of 9 feet or more

About This Home

As of August 2023

Headline2BR/1BA - Renovated Historic Home in downtown Wilmington - $1,850/month - Pet friendly*DescriptionWelcome to the charming and classy neighborhood of Carolina Place! Downtown Wilmington is a quaint and beautiful coastal town with the Cape Fear River flowing through the bustling Historic Downtown. Enjoy the River Walk, Arts Districts, night life, entertainment and all that can be found just minutes from the Carolina Place Community! Less than 2 Miles to the Cape Fear River and less than 9 Miles to Wrightsville Beach!This unit features hardwood flooring in the front bedroom and living room. Elevated 9' ceilings add to the spacious feel of this home. Fully renovated bathroom and kitchen! Bathroom boasts dual vanity sinks, tiled tub surround and kitchen includes granite countertops, stainless steel appliance package with smooth top range, over the range microwave and french door fridge. Front entrance is one of the bedrooms and could alternately be used as an office or additional living space.*(2) Pet Limit with applicable fees and pet rent.Washer/Dryer are provided and included in the rent.

Last Agent to Rent the Property

Bradley Cotton

Cotton Property Management License #277141 Listed on: 06/08/2023

Last Renter's Agent

Bradley Cotton

Cotton Property Management License #277141 Listed on: 06/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1907

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • Ceiling height of 9 feet or more
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Forest Hills Elementary School
  • Williston Middle School
  • Hoggard High School

Additional Features

  • Deck
  • Heat Pump System

Listing and Financial Details

  • No Smoking Allowed
  • 12 Month Lease Term
  • $70 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Cardinal Place Subdivision
  • 5-Story Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,565

Year Built

Built in 1907

Lot Details

0

Rental Info

  • Pets: Yes
  • Owner Pays: None
  • Lease Terms: 1 Year Lease
  • Tenant Pays: None
  • Pet Fees: Yes
  • Security Deposit: Yes
  • Smoking: No

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Quadruplex
  • Stories: 5.0
  • Stories Levels: One
  • Year Built: 1907
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Foyer, Pantry
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 5

Exterior Features

  • Fencing: Wood
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved

Garage/Parking

  • Parking Driveway: Street Only

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Condo/Co-op/Association

  • Application Fee: 70.00

Schools

  • Elementary School: Forest Hills
  • Middle School: Williston
  • High School: Hoggard

Lot Info

  • Lot Acres: 0.18
  • Lot Sq Ft: 7841.00

MLS Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Jan 19, 2022
Sold by
Home Solutions Group Inc
Bought by
Coffey Tyler
Seller's Agent
Amber Alexander
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$489,000
Sold Price
$489,000
Current Estimated Value
$605,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,642
Avg. Annual Appreciation
8.69%
Original Mortgage
$396,000
Outstanding Balance
$369,407
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$281,294

Purchase Details

Closed on
Jul 1, 2021
Sold by
Brunswick Property Ventures Llc
Bought by
Home Solutions Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2016
Sold by
Home Solutions Group Inc
Bought by
Brunswick Property Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,200
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 2, 2015
Closed on
May 23, 2016
Sold by
Carolina Place Holdings Llc
Bought by
Home Solutions Group Inc
Seller's Agent
Nancy Honeycutt
Coastal Options Realty, LLC
Buyer's Agent
Nancy Honeycutt
Coastal Options Realty, LLC
List Price
$235,000
Sold Price
$260,000
Premium/Discount to List
$25,000
10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$210,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2015
Sold by
Smith David Walter
Bought by
Carolina Place Holdings Llc

Purchase Details

Closed on
Apr 4, 2013
Sold by
Smith David W and Pender Hudson Llc
Bought by
Smith David Walter and The David Walter Smith Revocab

Purchase Details

Closed on
Jun 15, 2011
Sold by
Smith David W
Bought by
Pender Hudson Llc

Purchase Details

Closed on
May 1, 1980
Bought by
Smith David W
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
Coffey Tyler $495,000 Siegel & Rhodenhiser Pllc
Home Solutions Group Inc $365,000 Key Title Insurance Company
Brunswick Property Ventures Llc $260,000 None Available
Home Solutions Group Inc $260,000 None Available
Carolina Place Holdings Llc -- None Available
Smith David Walter -- None Available
Pender Hudson Llc -- None Available
Smith David W $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Tyler $396,000
Previous Owner Home Solutions Group Inc $400,000
Previous Owner Brunswick Property Ventures Llc $202,000
Previous Owner Brunswick Property Ventures Llc $208,200
Previous Owner Home Solutions Group Inc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Rented $1,650 0.0% --
08/04/2023 08/04/23 Price Changed $1,650 -5.7% $1 / Sq Ft
07/12/2023 07/12/23 Price Changed $1,750 -5.4% $1 / Sq Ft
06/08/2023 06/08/23 For Rent $1,850 0.0% --
03/07/2022 03/07/22 Sold $489,000 0.0% $202 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $489,000 +88.1% $202 / Sq Ft
05/24/2016 05/24/16 Sold $260,000 +10.6% $88 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $235,000 -- $80 / 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 $2,565 $294,800 $58,700 $236,100
2022 $2,506 $294,800 $58,700 $236,100
2021 $3,691 $431,300 $58,700 $372,600
2020 $2,924 $277,600 $63,300 $214,300
2019 $2,924 $277,600 $63,300 $214,300
2018 $0 $277,600 $63,300 $214,300
2017 $2,924 $277,600 $63,300 $214,300
2016 $2,956 $266,800 $70,200 $196,600
2015 $2,825 $266,800 $70,200 $196,600
2014 $2,705 $266,800 $70,200 $196,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100388561

Hive MLS

APN: R04819-027-027-000