NOT LISTED FOR SALE

Estimated Value: $360,000 - $426,000

1 Bed
1 Bath
601 Sq Ft
$250/mo HOA Fee

Last Sold October 05, 2018

Last sale price $295,000 $491 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,688/month

31 Days on Market

Highlights

  • Waterfront
  • Vaulted Ceiling
  • 1 Fireplace
  • Deck
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of October 2018

Beautiful Riverfront condominium with many updates. One Bedroom - one bath, hardwood flooring, granite countertop, built-in dresser in the bedroom. Unparalleled views of the Cape Fear River and the USS North Carolina Battleship. If you're looking for the perfect second home, rental property or short-term Airbnb investment (type) income producer, look no further. Come to Wilmington, NC and see all that the Downtown historic district has to offer.Parking lot space available with transfer documents to buyer, Priced at $100.00 per month. Buyer expense.

Last Agent to Sell the Property

MaDonna Kesling

Coldwell Banker Sea Coast Advantage License #240197 Listed on: 07/06/2018

Co-Listed By

Doug Kesling

Coldwell Banker Sea Coast Advantage License #275699

Last Buyer's Agent

Craig Brigham

Coldwell Banker Sea Coast Advantage-CB License #236953

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Wood Fence

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 601 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Termite Clearance

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Additional Features

  • Deck
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R05308-007-002-020

Community Details

Overview

  • Riverwalk Condo Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,623

Year Built

Built in 2000

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-In Closet, Walk-in Shower, Ceiling Fan(s), Ceiling - Vaulted
  • List Price per Sq Ft: 497.50
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 2
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 601.00
  • Total Heated Primary Separate Sq Ft: 601.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Wood
  • Foundation: Raised
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: None
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Municipal Water Available
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Termite Bond
  • HOAAssociationFee1Year: 3000.00

Lot Info

  • Deed Page: 2684.00
  • Lot Water Features: None
  • Zoning: CBD

Tax Info

  • Tax Identifier: R05308-007-002-020
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 2623.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2018
Closed on
Oct 4, 2018
Sold by
Sokolson Mark
Bought by
Ryan Jeffrey L and Ryan Kathleen K
Seller's Agent
MaDonna Kesling
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Craig Brigham
Coldwell Banker Sea Coast Advantage-CB
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Current Estimated Value
$403,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,234
Avg. Annual Appreciation
4.49%
Original Mortgage
$236,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Sessoms Frank
Bought by
Sokolson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2002
Sold by
Golder Jeanette Y William W
Bought by
Sessoms Frank

Purchase Details

Closed on
Dec 15, 2000
Sold by
River Partners Llc
Bought by
Golder Jeanette Y William W

Purchase Details

Closed on
May 21, 1999
Sold by
Wilm Iron Works
Bought by
River Partners Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ryan Jeffrey L $295,000 None Available
Sokolson Mark $260,000 None Available
Sessoms Frank $160,000 --
Golder Jeanette Y William W $160,000 --
River Partners Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Jeffrey L $234,500
Closed Ryan Jeffrey L $236,000
Previous Owner Sokolson Mark $212,000
Previous Owner Sokolson Mark $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $295,000 -1.3% $491 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $299,000 -- $498 / 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 $2,529 $270,600 $0 $270,600
2022 $2,475 $270,600 $0 $270,600
2021 $2,464 $270,600 $0 $270,600
2020 $2,623 $233,500 $0 $233,500
2019 $2,623 $233,500 $0 $233,500
2018 $2,623 $233,500 $0 $233,500
2017 $2,623 $233,500 $0 $233,500
2016 $2,371 $214,000 $0 $214,000
2015 $2,266 $214,000 $0 $214,000
2014 $2,170 $214,000 $0 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100124300

Hive MLS

APN: R05308-007-002-020