NOT LISTED FOR SALE

2308&2310 Boardwalk Ave Wilmington, NC 28403

Seagate Neighborhood

Estimated Value: $428,000 - $587,000

4 Beds
2 Baths
1,912 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $305,000 $160 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,772/month

11 Days on Market

Highlights

  • 0.61 Acre Lot
  • Deck
  • Porch
  • Roland-Grise Middle School Rated A-
  • No HOA
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of December 2020

Don't miss this amazing investment opportunity while interest rates are low! Get two recently updated and move-in ready homes for the price of one. This duplex has two bedrooms and one bath on both sides and each has it's own water, sewer and electric meters. You'll love being centrally located to shopping and Wrightsville Beach and being able to walk to nearby restaurants. This cul de sac lot backs up to a natural wooded area. The unit on the left is a registered AirBnB with 4.8 out 5 star reviews. The owner is willing to sell all contents and furnishings if someone wants to keep them to continue the AirBnB. The right unit has a long-term tenant in place and the lease is up at the end of September 2020. Inquire with the listing agent about rental history for both units.

Last Agent to Sell the Property

Angie & Cedric Robinson

RE/MAX Executive License #267062 Listed on: 09/04/2020

Last Buyer's Agent

Jeremy Bailey

BlueCoast Realty Corporation License #31408

BlueCoast Realty Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1984

Lot Details

  • 0.61 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Crawl Space
  • Attic Access Panel

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Park Walk Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05619-008-055-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,663

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Fireplace: None
  • Flooring: LVT/LVP
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 156.38
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 1822.00
  • Lot Acres: 0.61
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 26572.00
  • Lot Water Features: None
  • Plat Book: 1
  • Plat Page: 1
  • Zoning: r15

Tax Info

  • Tax Identifier: R05619-008-055-000
  • Tax Year: 2019

Multi Family

  • Number Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 22, 2020
Sold by
Garrett Paul Douglas and Garrett Kimberly Dawn
Bought by
Sears Vickie and Dick George
Seller's Agent
Angie & Cedric Robinson
RE/MAX Executive
Buyer's Agent
Jeremy Bailey
BlueCoast Realty Corporation
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Current Estimated Value
$482,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,859
Avg. Annual Appreciation
9.41%
Original Mortgage
$299,475
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 11, 2020
Closed on
Sep 10, 2019
Sold by
Lyons Thomas R
Bought by
Gawett Family Revocable Living Trust
Seller's Agent
Rob Warwick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Kirby Keene
BlueCoast Realty Corporation
List Price
$219,900
Sold Price
$230,500
Premium/Discount to List
$10,600
4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.11%
Original Mortgage
$175,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1987
Sold by
Lyons Thomas R Jr Carolyn I
Bought by
Lyons Thomas R

Purchase Details

Closed on
May 1, 1985
Sold by
Greer David M
Bought by
Lyons Thomas R Jr Carolyn I

Purchase Details

Closed on
Feb 1, 1984
Bought by
Greer David M
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
Sears Vickie $305,000 None Available
Gawett Family Revocable Living Trust $230,500 None Available
Lyons Thomas R -- --
Lyons Thomas R Jr Carolyn I $72,000 --
Greer David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sears Vickie $299,475
Previous Owner Gawett Family Revocable Living Trust $175,000
Previous Owner Lyons Thomas R $51,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $305,000 +2.0% $160 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $299,000 +29.7% $156 / Sq Ft
09/10/2019 09/10/19 Sold $230,500 +4.8% $121 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/30/2018 07/30/18 For Sale $219,900 -- $115 / 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 $2,663 $306,100 $87,100 $219,000
2022 $2,602 $306,100 $87,100 $219,000
2021 $2,620 $306,100 $87,100 $219,000
2020 $1,828 $173,500 $44,000 $129,500
2019 $1,828 $173,500 $44,000 $129,500
2018 $1,828 $173,500 $44,000 $129,500
2017 $1,828 $173,500 $44,000 $129,500
2016 $1,771 $159,800 $44,000 $115,800
2015 $1,692 $159,800 $44,000 $115,800
2014 $1,620 $159,800 $44,000 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100235345

Hive MLS

APN: R05619-008-055-000