NOT LISTED FOR SALE

224 S Water St Unit Ste 1c Wilmington, NC 28401

Old Wilmington Neighborhood

Estimated Value: $410,878

1 Bed
1 Bath
560 Sq Ft
$250/mo HOA Fee

Last Sold April 05, 2022

Last sale price $350,000 $625 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,754/month

3 Days on Market

Highlights

  • River View
  • Main Floor Primary Bedroom
  • Resident Manager or Management On Site
  • Deck
  • Furnished
  • Laundry closet

About This Home

As of April 2022

Welcome to the Bellamy Suite! Pretty riverfront condo, perfectly situated directly on the Cape Fear River downtown Historic Wilmington. Easy access from the boardwalk or from the street. Enjoy the panoramic water views from your porch, or walk to restaurants, shopping, live shows, and the Battleship. Everything you need is just steps away. Hardwood floors, fully appointed kitchen and generous sized bathroom. Fully furnished including Washer/dryer. Sit on your porch watching the people and boats go by! Make this your perfect second home or investment property. You will not be disappointed! Call to schedule your appointment today.Multiple offers best and final due by 7PM March 11th.

Last Agent to Sell the Property

Stephanie Manke

BlueCoast Realty Corporation License #246618 Listed on: 03/09/2022

BlueCoast Realty Corporation

Last Buyer's Agent

Carole Sheffield

BlueCoast Realty Corporation License #282582

BlueCoast Realty Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 2000

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • River Views
  • Pest Guard System
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Deck
  • River Front
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R05308-007-002-005

Community Details

Overview

  • Master Insurance
  • Historic District Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,434

Year Built

Built in 2000

Lot Details

0

HOA Fees

$250 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: 1st Floor Unit
  • Year Built: 2000
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: 1st Floor Master, Furnished, Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 598.21
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Dining Room Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 560.00
  • Total Heated Primary Separate Sq Ft: 560.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: None

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Trash, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3000.00

Lot Info

  • Deed Page: 918.00
  • Lot Water Features: Waterfront Comm
  • Zoning: CBD
  • Lot View Type: River View, Water View

Tax Info

  • Tax Identifier: R05308-007-002-005
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1433.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 1, 2022
Sold by
Phillip Hurteau Matthew and Mae Deirdre
Bought by
Sheffield Carole Louise and Sheffield Terry Milton
Seller's Agent
Stephanie Manke
BlueCoast Realty Corporation
Buyer's Agent
Carole Sheffield
BlueCoast Realty Corporation
List Price
$299,900
Sold Price
$350,000
Premium/Discount to List
$50,100
16.71%
Current Estimated Value
$410,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,878
Avg. Annual Appreciation
4.49%
Original Mortgage
$258,000
Outstanding Balance
$244,157
Interest Rate
4.67%
Mortgage Type
Balloon
Estimated Equity
$160,906

Purchase Details

Closed on
Mar 3, 2015
Sold by
Paradise Island Iii Llc
Bought by
Hurteau Matthew Phillip and Schumann Deirdre Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 27, 2007
Sold by
King Robert S and King Cheryl
Bought by
Paradise Island Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2005
Sold by
River 2 Sea Llc
Bought by
King Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,150
Interest Rate
5.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2004
Sold by
River Partners Llc
Bought by
River 2 Sea Llc

Purchase Details

Closed on
Jan 8, 2002
Sold by
Sea & Shore Investments Co Inc
Bought by
River Partners Llc

Purchase Details

Closed on
Apr 11, 2001
Sold by
River Partners Llc
Bought by
Sea & Shore Investments Co Inc

Purchase Details

Closed on
May 21, 1999
Sold by
Wilm Iron Works
Bought by
River Partners Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sheffield Carole Louise $350,000 None Listed On Document
Hurteau Matthew Phillip $262,500 None Available
Paradise Island Iii Llc -- None Available
King Robert S $243,500 None Available
River 2 Sea Llc $730,000 --
River Partners Llc -- --
Sea & Shore Investments Co Inc $150,000 --
River Partners Llc $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheffield Carole Louise $258,000
Previous Owner Hurteau Matthew Phillip $200,000
Previous Owner Paradise Island Iii Llc $243,200
Previous Owner Paradise Island Iii Llc $243,200
Previous Owner King Robert S $220,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $350,000 +4.5% $625 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/12/2022 03/12/22 Price Changed $335,000 +11.7% $598 / Sq Ft
03/09/2022 03/09/22 For Sale $299,900 -- $536 / 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 $2,821 $301,800 $0 $301,800
2022 $2,761 $301,800 $0 $301,800
2021 $2,061 $301,800 $0 $301,800
2020 $2,625 $233,700 $0 $233,700
2019 $2,625 $233,700 $0 $233,700
2018 $2,625 $233,700 $0 $233,700
2017 $2,625 $233,700 $0 $233,700
2016 $2,316 $209,000 $0 $209,000
2015 $2,213 $209,000 $0 $209,000
2014 $2,119 $209,000 $0 $209,000
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Manke

    Seller's Agent in 2022

    Stephanie Manke

    BlueCoast Realty Corporation

    (910) 509-0234

    3 in this area

    86 Total Sales

    Section Image
  • Carole Sheffield

    Buyer's Agent in 2022

    Carole Sheffield

    BlueCoast Realty Corporation

    (910) 398-3380

    5 in this area

    93 Total Sales

    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100316112

Hive MLS

APN: R05308-007-002-005

North Carolina New Hanover County Wilmington 28401 Old Wilmington

224 S Water St Unit Ste 1c, Wilmington, NC

This home is located at 224 S Water St Unit Ste 1c, Wilmington, NC 28401 since 09 March 2022 and is currently estimated at $410,878, approximately $733 per square foot. This property was built in 2000. 224 S Water St Unit Ste 1c 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

Nearby Homes