NOT LISTED FOR SALE

Wilmington, NC 28401

Old Wilmington Neighborhood

Estimated Value: $414,123 - $433,000

1 Bed
1 Bath
610 Sq Ft
$190/mo HOA Fee

Last Sold October 16, 2013

Last sale price $244,000 $400 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,661/month

349 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • Living Room
  • Deck
  • Main Floor Primary Bedroom
  • Resident Manager or Management On Site

About This Home

As of October 2013

Location is everything in Real Estate and this condominium has everything going for it. Water front on the Cape Fear River, West facing for spectacular sunset views, on the River Walk in Historic Downtown Wilmington, NC. Walk to every restaurant and shop in downtown. Watch the boats and ships make their way up and down the River. The unit features one bedroom, one bath with mountain slate tile and custom shower, vaulted ceilings, pendant and recessed lighting, island/bar in kitchen, granite counter tops, stainless steel appliances and custom wood cabinets. Floors are cypress wood from trees reclaimed from The Cape Fear River. Why stay in a hotel room when you can own this waterfront condo! Can be sold furnished including art work.

Last Agent to Sell the Property

Ashley Garner

Intracoastal Realty Corp License #158886 Listed on: 10/26/2012

Intracoastal Realty Corp

Last Buyer's Agent

MaDonna Kesling

Coldwell Banker Sea Coast Advantage License #240197

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,907

Year Built

  • Built in 2000

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 610 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Pest Guard System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water

Additional Features

  • Deck
  • River Front

Listing and Financial Details

  • Assessor Parcel Number 12311712.77.5290.014

Community Details

Overview

  • Riverwalk Condominiums Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,907

Year Built

Built in 2000

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 2000
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Slate, Wood
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 442.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 610.00
  • Total Heated Primary Separate Sq Ft: 610.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Water, Trash, Sidewalk, Sewer, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 2280.00

Lot Info

  • Deed Page: 613.00
  • Lot Dimensions: Condo
  • Zoning: CBD

Tax Info

  • Tax Identifier: 12311712.77.5290.014

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2012
Closed on
Oct 14, 2013
Sold by
Mitchell Yvonne Sneed and Mitchell Joseph E
Bought by
Pmc Inc
Seller's Agent
Ashley Garner
Intracoastal Realty Corp
Buyer's Agent
MaDonna Kesling
Coldwell Banker Sea Coast Advantage
List Price
$299,900
Sold Price
$244,000
Premium/Discount to List
-$55,900
-18.64%
Current Estimated Value
$423,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,781
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Gamble Charles F and Gamble Gloria G
Bought by
Sneed Mitchell Joseph E and Sneed Mitchell Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2000
Sold by
River Partners Llc
Bought by
Gamble Charles F Gloria G

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
Pmc Inc $244,000 None Available
Sneed Mitchell Joseph E $250,000 None Available
Gamble Charles F Gloria G $210,000 --
River Partners Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sneed Mitchell Joseph E $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $244,000 -18.6% $400 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $299,900 -- $492 / 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
2025 $2,907 $455,300 $0 $455,300
2023 $2,529 $270,600 $0 $270,600
2022 $2,475 $270,600 $0 $270,600
2021 $0 $270,600 $0 $270,600
2020 $2,623 $233,500 $0 $233,500
2019 $2,623 $233,500 $0 $233,500
2018 $1,967 $233,500 $0 $233,500
2017 $2,623 $233,500 $0 $233,500
2016 $2,371 $214,000 $0 $214,000
2015 $2,266 $214,000 $0 $214,000
2014 $2,170 $214,000 $0 $214,000
Source: Public Records

Agents Affiliated with this Home

  • Ashley Garner

    Seller's Agent in 2013

    Ashley Garner

    Intracoastal Realty Corp

    (910) 256-4503

    2 in this area

    143 Total Sales

    Ashley Garner
    Section Image

  • M

    Buyer's Agent in 2013

    MaDonna Kesling

    Coldwell Banker Sea Coast Advantage

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Source: Hive MLS

MLS Number: 30483152

Hive MLS

APN: R05308-007-002-014

North Carolina New Hanover County Wilmington 28401

Old Wilmington

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