NOT LISTED FOR SALE

212 S Water St Unit 2M Wilmington, NC 28401

Old Wilmington Neighborhood

Estimated Value: $372,000 - $415,000

1 Bed
1 Bath
575 Sq Ft
$470/mo HOA Fee

Last Sold June 21, 2024

Last sale price $429,000 $746 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,724/month

65 Days on Market

Highlights

  • Boat Dock
  • Vaulted Ceiling
  • Solid Surface Countertops
  • River View
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of June 2024

Welcome to a rare and exceptional opportunity in the heart of Wilmington's Historic River District! This one-bedroom, one-bath condo offers a unique chance to own a piece of the coveted real estate in a location where these properties seldom come on the market. Enjoy breathtaking views of the Cape Fear River from the comfort of your balcony. Whether it's a beautiful sunrise or sunset, the peaceful river traffic, or the city lights at night, each experience promises to be picturesque. Located in the quiet south end of the Historic River District, you're immersed in the charm and character of Wilmington's rich history. Stroll along cobblestone streets, explore historic architecture, and indulge in finding great restaurants and night life. Condo comes fully furnished and move-in ready. There is a deed covered parking space that is being sold separately. Call list agent for more info.

Last Agent to Sell the Property

Carole Sheffield

BlueCoast Realty Corporation License #282582 Listed on: 02/24/2024

BlueCoast Realty Corporation

Last Buyer's Agent

Kim Myers

Carmichael Real Estate License #281875

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 2000

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 575 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • River Views
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Balcony
  • River Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R05308-007-002-026

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Riverwalk Condominium Association, Phone Number (910) 509-7276
  • Historic District Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,172

Year Built

Built in 2000

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 2000
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Solid Surface
  • Laundry Location: Closet
  • List Price per Sq Ft: 746.09
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 4
  • Bedroom 1 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 575.00
  • Total Heated Primary Separate Sq Ft: 575.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: None

Utilities

  • Appliances Equipment: Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Flood Insurance, Maint - Comm Areas, Maint - Grounds, Management, Master Insure, Pest Control, Roof, Sewer, Trash, Water
  • HOAAssociationFee1Year: 5640.00
  • HOAAssociationName: Riverwalk Condominium Association
  • HOAAssociationPhone: 9105097276

Lot Info

  • Deed Page: 28462849.00
  • Lot Dimensions: Condo
  • Lot Water Features: Waterfront Comm
  • Zoning: CBD
  • Lot View Type: River View

Tax Info

  • Tax Identifier: R05308-007-002-026
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
May 31, 2024
Sold by
Riverwalk Partners Llc
Bought by
212 South Water Unit 2M Llc
Seller's Agent
Carole Sheffield
BlueCoast Realty Corporation
Buyer's Agent
Kim Myers
Carmichael Real Estate
List Price
$429,000
Sold Price
$429,000
Views
82
Current Estimated Value
$398,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,366
Avg. Annual Appreciation
0.75%
Original Mortgage
$321,750
Outstanding Balance
$317,980
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$114,899

Purchase Details

Closed on
Feb 27, 2014
Sold by
Family First Chripractic Inc
Bought by
Riverwalk Partners Llc

Purchase Details

Closed on
Feb 1, 2001
Sold by
River Partners Llc
Bought by
Family First Chiropractic Inc

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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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
212 South Water Unit 2M Llc $429,000 None Listed On Document
Riverwalk Partners Llc $220,000 None Available
Family First Chiropractic Inc $178,000 --
River Partners Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 212 South Water Unit 2M Llc $321,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $429,000 0.0% $746 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $429,000 0.0% $746 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $429,000 -- $746 / 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 $1,172 $250,700 $0 $250,700
2022 $2,283 $250,700 $0 $250,700
2021 $2,283 $250,700 $0 $250,700
2020 $2,431 $216,400 $0 $216,400
2019 $2,431 $216,400 $0 $216,400
2018 $2,431 $216,400 $0 $216,400
2017 $2,431 $216,400 $0 $216,400
2016 $2,196 $198,200 $0 $198,200
2015 $2,099 $198,200 $0 $198,200
2014 $2,010 $198,200 $0 $198,200
Source: Public Records

Agents Affiliated with this Home

  • Carole Sheffield

    Seller's Agent in 2024

    Carole Sheffield

    BlueCoast Realty Corporation

    (910) 398-3380

    5 in this area

    88 Total Sales

    Carole Sheffield
    Section Image

  • K

    Buyer's Agent in 2024

    Kim Myers

    Carmichael Real Estate

    (910) 264-8200

    2 in this area

    10 Total Sales

    Kim Myers
    Section Image
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Map

Source: Hive MLS

MLS Number: 100429352

Hive MLS

APN: R05308-007-002-026

North Carolina New Hanover County Wilmington 28401 Old Wilmington

212 S Water St Unit 2M, Wilmington, NC

This home is located at 212 S Water St Unit 2M, Wilmington, NC 28401 since 24 February 2024 and is currently estimated at $398,634, approximately $693 per square foot. This property was built in 2000. 212 S Water St Unit 2M 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.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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