NOT LISTED FOR SALE

Estimated Value: $285,000 - $469,000

3 Beds
1 Bath
1,456 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $245,000 $168 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,241/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Roland-Grise Middle School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of May 2022

LOCATION, LOCATION, LOCATION! This home is an absolute one-of-a-kind Wilmington GEM. The Seagate neighborhood was originally built around the last trolly stop before crossing the bridge to Wrightsville Beach. Now, it is a central hub for entertainment. Only 1 mile away from Bradley Creek public kayak launch, 4 miles from Wrightsville Beach, and extremely close to the very popular Wrightsville Beach Brewery, Seagate Bottle Shop, Salty Dog Bar/Grill, and the Triangle Lounge. This 3 bedroom, 1 bathroom home was built in 1920, and is old enough to be listed in the historic home registry of Wilmington. The character of this home is evident from the moment you lay eyes on the large front porch. As you enter, you will immediately notice the historic charm and the creative touches that make this home truly one-of-a-kind. The beautifully painted original doors, the stain glass transom window, 10ft ceilings, and the colorful panel in the dining room embody the creative spirit of Wilmington. The large back deck equipped with benches and a pergola is the perfect setting for summer BBQ's. Just off the deck you will find stairs that lead to the efficiency apartment above the kitchen which adds 263 SQFT OF ADDITIONAL LIVING AREA. The large backyard offers plenty of space for activities, or even the opportunity to build an additional garage or living space. In its current state, the home will need a new HVAC system and flooring to be installed before it will be approved for a conventional loan. The price reflects these needs, and offers the opportunity for an investor, or capable homeowner to purchase this piece of Wilmington history and substantially increase their equity once these updates are done. In a time where ''cookie cutter'' neighborhoods seem to be multiplying, I invite you to keep the creative spirit of our city alive and well.

Last Agent to Sell the Property

Tylor Fisher

Keller Williams Innovate-Wilmington Listed on: 04/25/2022

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Ashley Garner

Intracoastal Realty Corp License #158886

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1920

Lot Details

  • 10,543 Sq Ft Lot
  • Lot Dimensions are 54x195x54x195
  • Fenced Yard
  • Wood Fence
  • Open Lot
  • Property is zoned R-15

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Crawl Space
  • Electric Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bedroom Suite
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R05619-008-027-000

Community Details

Overview

  • No Home Owners Association
  • Seagate Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Vinyl, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Apt/Suite, 9Ft+ Ceilings
  • List Price per Sq Ft: 151.25
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 1456.00
  • Sq Ft Heated Separate: 263.00
  • Total Heated Primary Separate Sq Ft: 1719.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Asbestos
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Patio, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Dryer, Washer, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 2204.00
  • Lot Acres: 0.24
  • Lot Description: Open
  • Lot Dimensions: 54x195x54x195
  • Lot Sq Ft: 10543.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R05619-008-027-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1316.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 24, 2022
Sold by
Mccoy Russell Jordan and Mccoy Elyse
Bought by
White Grace N
Seller's Agent
Tylor Fisher
Keller Williams Innovate-Wilmington
Buyer's Agent
Ashley Garner
Intracoastal Realty Corp
List Price
$300,000
Sold Price
$245,000
Premium/Discount to List
-$55,000
-18.33%
Current Estimated Value
$387,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,476
Avg. Annual Appreciation
15.26%

Purchase Details

Listed on
Sep 28, 2019
Closed on
Nov 22, 2019
Sold by
Powlas Charles L and Powlas Sr Rlt Charles L
Bought by
Russell Jordan Mccoy and Russell Celeste Mccoy
Seller's Agent
Mollie Barrett
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Mollie Barrett
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$175,000
Sold Price
$147,000
Premium/Discount to List
-$28,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.47%
Original Mortgage
$139,650
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1977
Sold by
Powlas Alton Brooks
Bought by
Powlas Agusta
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
White Grace N $245,000 None Listed On Document
Russell Jordan Mccoy $147,000 None Available
Powlas Agusta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Grace N $200,000
Previous Owner Russell Jordan Mccoy $139,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $245,000 -5.8% $168 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/04/2022 05/04/22 Price Changed $260,000 -13.3% $179 / Sq Ft
04/29/2022 04/29/22 For Sale $300,000 0.0% $206 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $300,000 +104.1% $206 / Sq Ft
11/25/2019 11/25/19 Sold $147,000 -16.0% $87 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $175,000 -- $104 / 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 $1,549 $153,800 $69,400 $84,400
2022 $1,307 $153,800 $69,400 $84,400
2021 $1,316 $153,800 $69,400 $84,400
2020 $1,375 $130,500 $28,900 $101,600
2019 $1,336 $126,800 $28,900 $97,900
2018 $0 $126,800 $28,900 $97,900
2017 $1,336 $126,800 $28,900 $97,900
2016 $1,119 $101,000 $28,900 $72,100
2015 $1,070 $101,000 $28,900 $72,100
2014 $1,024 $101,000 $28,900 $72,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100324241

Hive MLS

APN: R05619-008-027-000