NOT LISTED FOR SALE

Estimated Value: $967,620 - $1,150,000

6 Beds
5 Baths
4,724 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $750,000 $159 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,045/month

88 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • No HOA
  • Balcony
  • 3-minute walk to Innes Park

About This Home

As of September 2021

Historic Triplex in the heart of downtown Wilmington next to the City Club. This property has 3 separately metered units which include a 3 bedroom/1 full and (2) 1/2 baths unit which is the entire second floor, 2 bedroom/ 2 bath unit and 1 bedroom/1 bath unit. All tenant occupied. Tall ceilings with chunky moldings, coffered ceilings, built in china cabinets, hardwood floors, pocket doors, beautiful mantels, updated bathrooms, 2 updated kitchens and large rooms are just a few of the features of the historic Mahler house. Walk up floored attic which could be converted to additional space as well as basement storage. There is a lovely walled garden with fencing as well as 4 off street parking spaces. This property needs some TLC on the outside but it is a unique and rarely available multifamily property in the historic district. Sold as is. 36 hour noticed required.

Last Agent to Sell the Property

Tanya Wildman

Intracoastal Realty Corporation License #175712 Listed on: 03/25/2021

Intracoastal Realty Corporation

Last Buyer's Agent

Kathleen Baylies

Just For Buyers Realty, LLC License #208895

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1914

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Property fronts an alley
  • Wood Fence
  • Brick Fence

Home Design

  • Triplex
  • Brick or Stone Mason
  • Raised Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bathrooms
  • Walk-in Shower

Attic

  • Attic Floors
  • Permanent Attic Stairs

Parking

  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Balcony
  • Patio
  • Porch

Schools

  • Snipes Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R04817034008000

Community Details

Overview

  • No Home Owners Association
  • Historic District Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,136

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Floored, Stairs - Perm
  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Flooring: Tile, Wood
  • Interior Amenities: 9Ft+ Ceilings, Walk-in Shower
  • List Price per Sq Ft: 175.70
  • Total Bathrooms: 5.00
  • Number Bedrooms Total: 6
  • Total Heated Sq Ft: 4724.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks, Wood Siding
  • Fencing: Brick, Wood
  • Foundation: Crawl Space, Raised
  • Porch Balcony Deck: Balcony, Patio, Porch
  • Road Type Frontage: Alley, Public (City/Cty/St)
  • Roof: See Remarks
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Garage And Parking Other See Remarks: 4 off street parking
  • Parking Driveway: Assigned, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Gas Pack, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Sidewalk
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 4252
  • Deed Page: 349.00
  • Lot Acres: 0.15
  • Lot Dimensions: 50X130
  • Lot Sq Ft: 6534.00
  • Zoning: HD

Rental Info

  • Pets: Yes

Tax Info

  • Tax Identifier: R04817034008000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2136.30

Multi Family

  • Number Total Units: 3

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Sep 2, 2021
Sold by
Shotto Brian J and Plonka Shannon Fisher
Bought by
Juergens Marianna Rita
Seller's Agent
Tanya Wildman
Intracoastal Realty Corporation
Buyer's Agent
Kathleen Baylies
Just For Buyers Realty, LLC
List Price
$830,000
Sold Price
$750,000
Premium/Discount to List
-$80,000
-9.64%
Current Estimated Value
$1,072,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,155
Avg. Annual Appreciation
8.10%
Original Mortgage
$525,000
Outstanding Balance
$482,243
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$545,797

Purchase Details

Closed on
Mar 29, 2004
Sold by
On Dock Llc
Bought by
Shotto Brian

Purchase Details

Closed on
Dec 4, 2003
Sold by
Lilatov Properties Llc
Bought by
On Dock Llc

Purchase Details

Closed on
Aug 15, 2002
Sold by
Ray Jerald D Carole M
Bought by
Lilatov Properties Llc

Purchase Details

Closed on
Mar 8, 2000
Sold by
Williams Marianna K
Bought by
Ray Jerald Durwood

Purchase Details

Closed on
Nov 30, 1998
Sold by
Williams Jr Wade H
Bought by
Williams Marianna K

Purchase Details

Closed on
Jul 26, 1990
Sold by
Trimer Charles W Ruth
Bought by
Williams Marianna K Wade H

Purchase Details

Closed on
Dec 1, 1976
Bought by
Trimer Charles W Ruth
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
Juergens Marianna Rita $750,000 None Available
Shotto Brian $498,000 --
On Dock Llc $450,000 --
Lilatov Properties Llc $425,000 --
Ray Jerald Durwood -- --
Williams Marianna K -- --
Williams Marianna K Wade H $220,000 --
Trimer Charles W Ruth $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juergens Marianna Rita $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $750,000 -9.6% $159 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $830,000 -- $176 / 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
2024 $4,337 $498,500 $237,200 $261,300
2023 $4,337 $498,500 $237,200 $261,300
2022 $113 $498,500 $237,200 $261,300
2021 $0 $498,500 $237,200 $261,300
2020 $2,136 $202,800 $124,100 $78,700
2019 $2,136 $202,800 $124,100 $78,700
2018 $2,136 $202,800 $124,100 $78,700
2017 $2,136 $202,800 $124,100 $78,700
2016 $3,713 $335,100 $116,100 $219,000
2015 $3,549 $335,100 $116,100 $219,000
2014 $3,398 $335,100 $116,100 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100263120

Hive MLS

APN: R04817-034-008-000