NOT LISTED FOR SALE

219 S Water St Wilmington, NC 28401

Old Wilmington Neighborhood

Estimated Value: $1,508,097

1 Bed
2.5 Baths
3,489 Sq Ft
1,307 Sq Ft Lot

Last Sold April 06, 2020

Last sale price $925,000 $265 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,863/month

679 Days on Market

Highlights

  • River View
  • No HOA
  • Brick Exterior Construction
  • Main Floor Primary Bedroom
  • Balcony
  • Entrance Foyer

About This Home

As of April 2020

DOWNTOWN WILMINGTON with water views! 3 sparkling units with CBD zoning. 2nd and 3rd floor units are sold beautifully furnished with just a few exceptions. Unlike anything else in downtown Wilmington! Formerly a warehouse, this conversion to mixed use on Water Street is as unique as it gets. This 3 story freestanding building is located in the Chandler's Wharf area and doesn't have an HOA. This building was originally part of the Hanover Iron Works complex. This building was newly constructed approx.12 years ago incorporating the antique brick walls of the old warehouse to maintain a vintage feeling. The exterior is brick & stucco accented with iron balconies & windows. This building was designed to allow for an easy condo conversion if desired and is fire sprinkled. Includes 3 parking spaces.

Last Agent to Sell the Property

Sam Simmons

Port City Properties, Inc License #85157 Listed on: 05/07/2018

Last Buyer's Agent

ANDY HAJEK

Coastal Properties License #209957

Coastal Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 2006

Lot Details

  • 1,307

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,489 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Combination Dining and Living Room
  • River Views
  • Partial Basement
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Additional Features

  • Balcony
  • Chain Link Fence
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05308-008-001-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,505

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Brick/Stone, Steel Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Foyer
  • Laundry Location: Closet
  • List Price per Sq Ft: 308.11
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 1
  • Number Rooms: 14
  • Sq Ft Heated: 3489.00
  • Total Heated Primary Separate Sq Ft: 3489.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Stucco
  • Fencing: Chain Link, Partial
  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 756.00
  • Lot Acres: 0.03
  • Lot Dimensions: 54 x 23 x 53 x 25
  • Lot Sq Ft: 1250.00
  • Plat Book: 4601
  • Plat Page: 756
  • Zoning: CBD
  • Lot View Type: River View

Tax Info

  • Tax Identifier: R05308-008-001-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Mar 20, 2020
Sold by
Simmons Samuel and Simmons Samuel N
Bought by
Fwl3 Llc
Seller's Agent
Sam Simmons
Port City Properties, Inc
Buyer's Agent
ANDY HAJEK
Coastal Properties
List Price
$1,249,000
Sold Price
$925,000
Premium/Discount to List
-$324,000
-25.94%
Current Estimated Value
$1,508,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,097
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Butler Deborah
Bought by
Simmons Samuel and Simmons Samuel N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,050
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2004
Sold by
Wendolyn Joy Llc
Bought by
Butler Deborah and Simmone Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Cape View Partners Llc
Bought by
Wendolyn Joy Llc

Purchase Details

Closed on
Nov 13, 2002
Sold by
Wilmington Iron Works
Bought by
Cape View Partners Llc

Purchase Details

Closed on
Aug 2, 2001
Sold by
Wilm Iron Works
Bought by
Ripa Lawrence Wanda P

Purchase Details

Closed on
Jul 1, 1967
Bought by
Wilm Iron Works
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
Fwl3 Llc $925,000 None Available
Simmons Samuel $15,000 None Available
Simmons Samuel $15,000 None Available
Butler Deborah $210,000 None Available
Wendolyn Joy Llc $200,000 --
Cape View Partners Llc -- --
Ripa Lawrence Wanda P -- --
Wilm Iron Works -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons Samuel N $170,000
Previous Owner Simmons Samuel $504,050
Previous Owner Simmons Samuel $249,000
Previous Owner Butler Deborah A $850,000
Previous Owner Butler Deborah A $850,000
Previous Owner Butler Deborah $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $925,000 -25.9% $265 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
05/07/2018 05/07/18 For Sale $1,249,000 -- $358 / 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 $8,505 $909,900 $276,800 $633,100
2022 $8,323 $909,900 $276,800 $633,100
2021 $8,285 $909,900 $276,800 $633,100
2020 $4,166 $370,800 $48,600 $322,200
2019 $4,166 $370,800 $48,600 $322,200
2018 $4,166 $370,800 $48,600 $322,200
2017 $4,166 $370,800 $48,600 $322,200
2016 $4,039 $364,500 $48,600 $315,900
2015 $3,860 $364,500 $48,600 $315,900
2014 $3,696 $364,500 $48,600 $315,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sam Simmons

    Port City Properties, Inc

    (910) 264-3610

    2 in this area

    42 Total Sales

    Sam Simmons
    Section Image
  • ANDY HAJEK

    Buyer's Agent in 2020

    ANDY HAJEK

    Coastal Properties

    (910) 256-8171

    2 in this area

    58 Total Sales

    ANDY HAJEK
    Section Image
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Map

Source: Hive MLS

MLS Number: 100114770

Hive MLS

APN: R05308-008-001-000

North Carolina New Hanover County Wilmington 28401 Old Wilmington

219 S Water St, Wilmington, NC

This home is located at 219 S Water St, Wilmington, NC 28401 since 07 May 2018 and is currently estimated at $1,508,097, approximately $432 per square foot. This property was built in 2006. 219 S Water St 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.

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