NOT LISTED FOR SALE

Estimated Value: $381,000 - $417,000

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

Last Sold July 13, 2021

Last sale price $299,000 $498 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,675/month

116 Days on Market

Highlights

  • River Front
  • Balcony
  • Ceiling height of 9 feet or more
  • Main Floor Primary Bedroom
  • Tile Flooring
  • Central Air

About This Home

As of July 2021

Beautiful riverfront condo, located in the heart of Wilmington within walking distance to downtown, literally steps from the river-walk and all it has to offer. unobstructed views of the Cape Fear River, the Cape Fear Bridge and the Battleship. Large Living are with large bedroom makes this the perfect get a way. Enjoy the panoramic water views from your balcony, or walk to any one of the numerous restaurants and shopping,not to mention the theater, the USS North Carolina Battleship, and more. Everything you need is just steps away. This Furnished 2nd floor unit has never been rented. This condo is in pristine condition and would make a great rental or second home. Projected rental income is 25-30K a year.

Last Agent to Sell the Property

Jeff Domin

Coldwell Banker Sea Coast Advantage-Midtown Listed on: 01/27/2021

Coldwell Banker Sea Coast Advantage-Midtown

Last Buyer's Agent

Michelle Clark

Intracoastal Realty Corp License #237024

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 2000

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 601 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • River Front

Community Details

  • Master Insurance
  • Riverwalk Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05308-007-002-024

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,390

Year Built

Built in 2000

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 2000
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Pantry
  • Laundry Location: None
  • List Price per Sq Ft: 498.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Sq Ft Heated: 601.00
  • Total Heated Primary Separate Sq Ft: 601.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: See Remarks
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maintenance Structure, Master Insure
  • HOAAssociationFee1Year: 3000.00

Lot Info

  • Deed Page: 1409.00
  • Lot Description: Open
  • Zoning: CBD

Green Features

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

Tax Info

  • Tax Identifier: R05308-007-002-024
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Lown Casey and Lown Royalle
Bought by
Casey Lown Revocable Trust
Current Estimated Value
$402,978

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jun 22, 2021
Sold by
Pike Malcolm
Bought by
Lown Casey
Seller's Agent
Jeff Domin
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$299,500
Sold Price
$299,000
Premium/Discount to List
-$500
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$224,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2021
Sold by
Pike Jennifer and Pike Malcolm
Bought by
Pike Malcolm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2020
Sold by
Pike Malcolm and Pike Jennifer
Bought by
Pike Jennifer

Purchase Details

Closed on
Aug 28, 2002
Sold by
Sessoms Frank
Bought by
Pike Malcolm

Purchase Details

Closed on
Feb 27, 2002
Sold by
Rizzo R Daniel Judith F
Bought by
Sessoms Frank

Purchase Details

Closed on
Nov 22, 2000
Sold by
River Partners Llc
Bought by
Rizzo R Daniel Judith F

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
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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
Casey Lown Revocable Trust -- --
Lown Casey $299,000 None Available
Pike Malcolm -- None Available
Pike Jennifer -- None Available
Pike Malcolm -- --
Sessoms Frank $160,000 --
Rizzo R Daniel Judith F $160,000 --
River Partners Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lown Casey $224,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $299,000 -0.2% $498 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $299,500 0.0% $498 / Sq Ft
05/19/2021 05/19/21 Price Changed $299,500 -7.8% $498 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $325,000 0.0% $541 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $325,000 -- $541 / 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 $2,390 $255,700 $0 $255,700
2022 $1,198 $255,700 $0 $255,700
2021 $2,328 $255,700 $0 $255,700
2020 $2,480 $220,800 $0 $220,800
2019 $2,480 $220,800 $0 $220,800
2018 $2,480 $220,800 $0 $220,800
2017 $2,480 $220,800 $0 $220,800
2016 $2,241 $202,300 $0 $202,300
2015 $2,142 $202,300 $0 $202,300
2014 $2,051 $202,300 $0 $202,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100254137

Hive MLS

APN: R05308-007-002-024