NOT LISTED FOR SALE

224 S Water St Unit 2-B Wilmington, NC 28401

Old Wilmington Neighborhood

Estimated Value: $372,000 - $477,000

1 Bed
1 Bath
555 Sq Ft
$225/mo HOA Fee

Last Sold March 02, 2018

Last sale price $295,000 $532 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,697/month

Highlights

  • River View
  • Main Floor Primary Bedroom
  • Balcony
  • Vaulted Ceiling
  • Furnished
  • Resident Manager or Management On Site

About This Home

As of March 2018

Looking for a ''little piece of paradise''? This rare 2nd floor furnished condo overlooks the Riverwalk & has incredible views over the Cape Fear River and marsh beyond! This is your perfect weekend getaway. The condo is located in the downtown Wilmington Historic District & is within easy walking distance to shops, restaurants, theaters & cafes. The spotless unit has been extensively renovated, w/a beautiful glass & tile shower, Kohler fixtures, an in-unit European washer/dryer, gorgeous granite countertops, high vaulted ceilings and tile floors. The bedroom walls have extra soundproofing. The wonderful balcony has a retractable awning and is the perfect place for relaxing in a hammock or viewing fireworks. A coveted deeded parking spot is located in the covered garage.

Last Agent to Sell the Property

Todd Toconis

Town & Country Real Estate License #123283 Listed on: 02/05/2018

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 2000

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 555 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • River Views
  • Pest Guard System
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Lighted Parking
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water

Additional Features

  • Balcony
  • River Front

Listing and Financial Details

  • Assessor Parcel Number R05308-007-002-004

Community Details

Overview

  • Master Insurance
  • Riverwalk Condominiums Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,516

Year Built

Built in 2000

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 2000
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 540.36
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Primary Bedroom Level: First
  • Sq Ft Heated: 555.00
  • Total Heated Primary Separate Sq Ft: 555.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: None
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Assigned, Paved, Off Street, Lighted

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Water, Trash, Taxes, Sidewalk, Sewer, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 2700.00

Lot Info

  • Deed Page: 2067.00
  • Plat Page: unk
  • Zoning: CBD
  • Lot View Type: River View

Tax Info

  • Tax Identifier: R05308-007-002-004
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 2253.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Gotte Daniel A
Bought by
Wertheime John W and Wertheime Glenda S
Current Estimated Value
$415,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,425
Outstanding Balance
$205,785
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$215,524

Purchase Details

Closed on
Dec 12, 2018
Sold by
Real Rock Holdings Llc
Bought by
Gotte Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,950
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2018
Closed on
Feb 22, 2018
Sold by
Atlee Barbara A
Bought by
Real Rock Holdings Llc
Seller's Agent
Todd Toconis
Town & Country Real Estate
Buyer's Agent
A Non Member
A Non Member
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$250,750
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 28, 2014
Sold by
Olivry Thierry J M and Atlee Barbara A
Bought by
Atlee Barbara A

Purchase Details

Closed on
Sep 29, 2006
Sold by
Jones Kim H and Gulla Anthony
Bought by
Olivry Thierry Jean Marie and Atlee Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2005
Sold by
Parker Tommy and Parker Carol
Bought by
Jones Kim H and Gulla Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 17, 2001
Sold by
River Partners Llc
Bought by
Parker Tommy Carol

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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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
Wertheime John W $328,000 None Available
Gotte Daniel A -- None Available
Real Rock Holdings Llc $295,000 None Available
Atlee Barbara A -- None Available
Olivry Thierry Jean Marie $285,000 None Available
Jones Kim H $259,000 None Available
Parker Tommy Carol $155,000 --
River Partners Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wertheime John W $229,425
Previous Owner Gotte Daniel A $219,400
Previous Owner Gotte Daniel A $224,950
Previous Owner Real Rock Holdings Llc $250,750
Previous Owner Olivry Thierry Jean Marie $213,750
Previous Owner Jones Kim H $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $295,000 -1.6% $532 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $299,900 -- $540 / 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 $2,516 $269,200 $0 $269,200
2022 $2,462 $269,200 $0 $269,200
2021 $0 $269,200 $0 $269,200
2020 $2,609 $232,200 $0 $232,200
2019 $2,609 $232,200 $0 $232,200
2018 $2,609 $232,200 $0 $232,200
2017 $2,609 $232,200 $0 $232,200
2016 $2,358 $212,800 $0 $212,800
2015 $2,254 $212,800 $0 $212,800
2014 $2,158 $212,800 $0 $212,800
Source: Public Records

Agents Affiliated with this Home

  • Todd Toconis

    Seller's Agent in 2018

    Todd Toconis

    Town & Country Real Estate

    (910) 262-7653

    10 in this area

    129 Total Sales

    Todd Toconis
    Section Image

  • A

    Buyer's Agent in 2018

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100099293

Hive MLS

APN: R05308-007-002-004

North Carolina New Hanover County Wilmington 28401 Old Wilmington

224 S Water St Unit 2-B, Wilmington, NC

This home is located at 224 S Water St Unit 2-B, Wilmington, NC 28401 since 05 February 2018 and is currently estimated at $415,906, approximately $749 per square foot. This property was built in 2000. 224 S Water St Unit 2-B 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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