NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,219,888

6 Beds
5 Baths
4,724 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: September 7, 2021

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

Est. 42% increase in value since last sale

Current estimated payment $6,250 / mo

88 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Balcony
  • High Ceiling
  • Formal Dining Room
  • 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 a state road
  • Property fronts an alley
  • Wood Fence
  • Brick Fence

Home Design

  • Triplex
  • Raised Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-in Shower

Attic

  • Attic Floors
  • Permanent Attic Stairs

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 3 Units
  • Historic District Subdivision
  • Park Manager: No

Listing and Financial Details

  • Assessor Parcel Number R04817034008000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,136

Year Built

Built in 1914

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 1914
  • Property Sub Type: Triplex
  • Appliances: Electric Oven, Refrigerator, Dishwasher
  • Original List Price: 830000.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 175.70
  • Special Features: None

Interior Features

  • Dining Room Type: Combination, Formal
  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings, Walk-in Shower
  • Stories: 2
  • Total Bedrooms: 6
  • Has Fireplace?: No
  • Room Types: Dining Area, Dining Room
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 5.00
  • Attic Features: Floored, Permanent Stairs

Exterior Features

  • Exterior Features: None, Balcony
  • Exterior Finish: Wood Siding, See Remarks
  • Fencing: Brick, Wood
  • Roof: See Remarks
  • Road Frontage Type: Alley, City Street, State Road
  • Waterfront?: No
  • Foundation Details: Raised, Crawl Space
  • Patio And Porch Features: See Remarks, Patio, Porch, Balcony

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: None, Assigned, Off Street

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Gas Pack, Heat Pump
  • Heating Yn: Yes
  • Fuel Tank Details: None
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Sidewalks
  • Has H O A?: No

Fee Information

  • Park Manager Name: No

Schools

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

Lot Info

  • Deed Book: 4252
  • Deed Page: 349.00
  • Zoning: HD
  • Lot Size Acres: 0.15
  • Lot Size: 50X130
  • Lot Size Sq Ft: 6534.00
  • Purchase Contract Date: 2021-06-21
  • Parcel#: R04817034008000
  • Cobra Zone Y N: No

Tax Info

  • Tax Year: 2020
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: R04817-034-008-000
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 2136.3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Sep 2, 2021
Sold by
Bought by
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
$1,065,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,472
Avg. Annual Appreciation
7.49%
Original Mortgage
$525,000
Outstanding Balance
$466,329
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$599,143

Purchase Details

Closed on
Mar 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 1990
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1976
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Available
$498,000 --
$450,000 --
$425,000 --
-- --
-- --
$220,000 --
$15,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $525,000
Previous Owner $301,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,531 $939,800 $365,100 $574,700
2024 $4,337 $498,500 $237,200 $261,300
2023 $4,212 $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

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