NOT LISTED FOR SALE

208 N 12th St Wilmington, NC 28401

Northside Neighborhood

Estimated Value: $427,509 - $604,000

4 Beds
4 Baths
1,944 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $400,000 $206 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,100/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air

About This Home

As of September 2021

Income producing quadraplex located near Downtown Wilmington. The property consist of four(4) one bedroom and one bathroom units. This property consist of 6,621 SF of land and borders an alley in the back portion of the lot. This property is very close to the developing Soda Pop District, shops, restaurants and much more.....

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 08/03/2021

Intracoastal Realty Corp

Co-Listed By

Sky Grainger

Intracoastal Realty Corp License #327151

Last Buyer's Agent

Travis Beatty

RE/MAX Essential License #276531

RE/MAX Essential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 1930

Lot Details

  • 6,621 Sq Ft Lot
  • Lot Dimensions are 40 x 165
  • Property fronts an alley
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Crawl Space
  • Attic Access Panel

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Schools

  • Snipes Elementary School
  • Virgo Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04818-005-004-000

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,337

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: None
  • Laundry Location: None
  • List Price per Sq Ft: 202.03
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 1944.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: See Remarks
  • Road Type Frontage: Alley, Public (City/Cty/St), See Remarks
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: None, Street Only

Utilities

  • Appliances Equipment: See Remarks
  • Cooling System: Central, See Remarks, Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Other-See Remarks
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Natural Gas Provider: Piedmont Natural Gas Co.
  • 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: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities, See Remarks
  • Property Mgmt Company: Yes

Lot Info

  • Deed Book: 6338
  • Deed Page: 44.00
  • Lot Acres: 0.15
  • Lot Dimensions: 40 x 165
  • Lot Sq Ft: 6621.00
  • Lot Water Features: None
  • Zoning: R5

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 36726.00
  • Pets: Yes

Tax Info

  • Tax Identifier: R04818-005-004-000
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 632.47
  • Total Real Estate Property Taxes: 1336.76

Multi Family

  • Number Total Units: 4

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Virgo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 13, 2021
Sold by
Terra 22 Llc
Bought by
Mccarty Matthew
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Travis Beatty
RE/MAX Essential
List Price
$392,750
Sold Price
$400,000
Premium/Discount to List
$7,250
1.85%
Current Estimated Value
$537,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,877
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jul 27, 2020
Sold by
Tj Real Estate Holdings Llc
Bought by
Terra 22 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2018
Sold by
Olson Portfolio 2B Llc
Bought by
Tj Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,255,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Real Properties Llc
Bought by
Olson Portfolio 2 Llc

Purchase Details

Closed on
Jul 6, 2006
Sold by
Beatty Wilbert and Beatty Mary Garrison
Bought by
Real Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.55%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 1988
Sold by
Atlantic Restor & Const
Bought by
Beatty Wilbert Mary G

Purchase Details

Closed on
Oct 1, 1984
Sold by
Maynard Russell M
Bought by
Atlantic Restor & Const

Purchase Details

Closed on
Feb 1, 1984
Sold by
Fisher Herbert T
Bought by
Maynard Russell M
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
Mccarty Matthew $400,000 None Available
Terra 22 Llc $274,000 None Available
Tj Real Estate Holdings Llc $6,000,000 None Available
Olson Portfolio 2 Llc $1,887,000 None Available
Real Properties Llc $175,000 None Available
Beatty Wilbert Mary G $45,000 --
Atlantic Restor & Const -- --
Maynard Russell M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarty Matthew Ryan $507,500
Previous Owner Terra 22 Llc $219,200
Previous Owner Tj Real Estate Holdings Llc $5,255,000
Previous Owner Olson Portfolio 2B Llc $4,456,000
Previous Owner Real Properties Llc $492,657
Previous Owner Real Properties Llc $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $400,000 +1.8% $206 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $392,750 -- $202 / 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 $2,045 $235,000 $51,400 $183,600
2023 $2,045 $179,700 $51,400 $128,300
2022 $1,337 $255,800 $51,400 $204,400
2021 $2,189 $255,800 $51,400 $204,400
2020 $1,337 $126,900 $47,000 $79,900
2019 $1,337 $126,900 $47,000 $79,900
2018 $0 $126,900 $47,000 $79,900
2017 $1,337 $126,900 $47,000 $79,900
2016 $1,629 $147,000 $50,100 $96,900
2015 $1,557 $147,000 $50,100 $96,900
2014 $1,491 $147,000 $50,100 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hovis

    Seller's Agent in 2021

    Jeff Hovis

    Intracoastal Realty Corp

    (910) 256-4503

    33 in this area

    259 Total Sales

    Section Image
  • Sky Grainger

    Seller Co-Listing Agent in 2021

    Sky Grainger

    Intracoastal Realty Corp

    (910) 833-2546

    2 in this area

    10 Total Sales

    Section Image
  • Travis Beatty

    Buyer's Agent in 2021

    Travis Beatty

    RE/MAX

    (910) 338-9596

    7 in this area

    44 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100284286

Hive MLS

APN: R04818-005-004-000

North Carolina New Hanover County Wilmington 28401 Northside

208 N 12th St, Wilmington, NC

This home is located at 208 N 12th St, Wilmington, NC 28401 since 03 August 2021 and is currently estimated at $537,877, approximately $276 per square foot. This property was built in 1930. 208 N 12th St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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