Seller's Agent in 2016
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 256-0021
82 Total Sales
216 S 17th St Wilmington, NC 28401
The Bottom NeighborhoodEstimated Value: $547,000 - $738,000
4
Beds
4
Baths
3,150
Sq Ft
$195/Sq Ft
Est. Value
Highlights
- No HOA
- Porch
- 4-minute walk to Nunalee Park
- John T. Hoggard High School Rated A-
- Central Air
About This Home
As of June 2016Presented for sale is a fully leased quadraplex centrally located on 17th St. with close proximity to Market St. and just South of Carolina Place. There are 2, one-bedroom units, 1, two-bedroom unit and 1 efficiency. There is a common laundry area and off street parking with 4 parking spaces. The ground floor fronting 17th Street has been turned into storage rentals for the tenants in place but could be returned to a commercial rental space -- at one time it was a hair salon. This building is professionally managed by Sweyer Rentals and the rent roll totals $2185 per month, $26,220 per year. This presents a great opportunity to the seasoned investor or to a new investor looking to acquire property and substantially offset their living expenses. New roof in November 2014.
Last Listed By
Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 05/03/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,722
Year Built
- Built in 1928
Lot Details
- 6,199 Sq Ft Lot
- Lot Dimensions are 40x155x40x155
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Crawl Space
Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Snipes Elementary School
- Williston Middle School
- Hoggard High School
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Heat Pump System
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number R05407-001-004-000
Community Details
Overview
- No Home Owners Association
- Downtown Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2019
Sold by
Chavez Aristeo and Chavez Norma
Bought by
Pierson Brothers Properties Llc
Total Days on Market
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 3, 2016
Closed on
Jun 21, 2016
Sold by
Tidwell Richard R and Tidwell Patricia F
Bought by
Chavez Aristeo and Chavez Esteban
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Oscar Garcia
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$189,000
Sold Price
$167,000
Premium/Discount to List
-$22,000
-11.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Purchase Details
Closed on
Aug 29, 2011
Sold by
Tidwell Margaret and York Margaret T
Bought by
Tidwell Richard R
Purchase Details
Closed on
Aug 8, 2011
Sold by
York Shaun
Bought by
Tidwell Margaret and York Margaret T
Purchase Details
Closed on
Dec 3, 2010
Sold by
Tidwell Richard Ray
Bought by
York Margaret Tidwell
Purchase Details
Closed on
Aug 24, 2007
Sold by
Wilson William E and Wilson Lillie A
Bought by
York Shaun Alan and York Margaret T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
6.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 1, 2001
Bought by
Retchin Daniel D Frederick
Purchase Details
Closed on
Jun 1, 1986
Sold by
Retchin Daniel D Frederick
Bought by
Wilson William E Lillie A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pierson Brothers Properties Llc | $130,000 | None Available | |
| Chavez Aristeo | $167,000 | None Available | |
| Tidwell Richard R | -- | None Available | |
| Tidwell Margaret | -- | None Available | |
| York Margaret Tidwell | -- | None Available | |
| York Shaun Alan | $231,000 | None Available | |
| Retchin Daniel D Frederick | -- | -- | |
| Wilson William E Lillie A | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pierson Brothers Properties Llc | $318,750 | |
| Closed | Pierson Brothers Properties Llc | $233,500 | |
| Previous Owner | York Shaun Alan | $173,250 | |
| Previous Owner | Wilson William E | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2016 06/28/16 | Sold | $167,000 | -11.6% | $53 / Sq Ft |
| 06/17/2016 06/17/16 | Pending | -- | -- | -- |
| 05/03/2016 05/03/16 | For Sale | $189,000 | -- | $60 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $2,718 | $312,400 | $56,500 | $255,900 |
| 2022 | $2,655 | $312,400 | $56,500 | $255,900 |
| 2021 | $2,674 | $312,400 | $56,500 | $255,900 |
| 2020 | $1,553 | $147,400 | $35,400 | $112,000 |
| 2019 | $1,553 | $147,400 | $35,400 | $112,000 |
| 2018 | $1,553 | $147,400 | $35,400 | $112,000 |
| 2017 | $1,553 | $147,400 | $35,400 | $112,000 |
| 2016 | $1,802 | $162,600 | $32,300 | $130,300 |
| 2015 | $1,722 | $162,600 | $32,300 | $130,300 |
| 2014 | $1,649 | $162,600 | $32,300 | $130,300 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Sweyer
-
Oscar Garcia
Buyer's Agent in 2016
Oscar Garcia
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 540-2121
1 in this area
393 Total Sales
Map
Similar Homes in Wilmington, NC
Source: Hive MLS
MLS Number: 100011072
APN: R05407-001-004-000
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