NOT LISTED FOR SALE

2602 Mimosa Place Wilmington, NC 28403

Forest Hills South Neighborhood

Estimated Value: $622,408 - $696,000

3 Beds
1 Bath
1,885 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $305,000 $162 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,859/month

199 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Breakfast Area or Nook
  • 1 Fireplace
  • No HOA
  • Formal Dining Room

About This Home

As of April 2018

Located in the heart of Wilmington, in one of the most wonderful family neighborhoods, this one-story bungalow has amazing potential and awaits a new owner to take this home and prime lot the next level. An outbuilding with electrical and a half bath, as well as a detached garage, offer additional possibilities for expanded use. With wide streets and seemingly endless sidewalks, it offers all the charm of old Wilmington with a highly central location (Close to Cape Fear Country Club, NHRMC, Whole Foods, and minutes to downtown). A unique home and opportunity not to be missed.

Last Agent to Sell the Property

Happy Clark

Intracoastal Realty Corp Listed on: 09/19/2017

Last Buyer's Agent

Allison Donovan

Coldwell Banker Sea Coast Advantage-Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,125

Year Built

  • Built in 1922

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 7x200
  • Property fronts an alley
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned R-15

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,885 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oleander Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05416-010-022-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,125

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Pantry
  • Laundry Location: Room
  • List Price per Sq Ft: 174.54
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Separate Living Spcs Addl Sep Bldg Desc: 1/2 bath, strg shed
  • Sq Ft Heated: 1885.00
  • Total Heated Primary Separate Sq Ft: 1885.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Stucco
  • Exterior Structures: Storage
  • Fencing: Back Yard, Chain Link
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: None
  • Road Type Frontage: Alley, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

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

Lot Info

  • Deed Page: 435.00
  • Lot Acres: 0.32
  • Lot Dimensions: 7x200
  • Lot Sq Ft: 14000.00
  • Lot Water Features: None
  • Plat Book: 3
  • Plat Page: 2
  • Zoning: R-15

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R05416-010-022-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 3125.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Gary Dorian Richard and Gary Teresa H
Bought by
Richard Gary Dorian Living Trust
Current Estimated Value
$660,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Outstanding Balance
$70,258
Interest Rate
3.55%
Mortgage Type
Credit Line Revolving
Estimated Equity
$524,599

Purchase Details

Listed on
Sep 19, 2017
Closed on
Apr 26, 2018
Sold by
Nabers Hope William Witherspoon and Nabers Hope Caroline
Bought by
Dorian Richard Gary
Seller's Agent
Happy Clark
Intracoastal Realty Corp
Buyer's Agent
Allison Donovan
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$379,000
Sold Price
$305,000
Premium/Discount to List
-$74,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Listed on
Aug 14, 2016
Closed on
Oct 13, 2016
Sold by
Thomas Edith Cameron and The Estate Of Edith Rogers Cam
Bought by
Nabers Hope William Witherspoon and Nabers Hope Caroline
Seller's Agent
Teresa Hill
Intracoastal Realty Corp
Buyer's Agent
Vin Wells
Cape Fear Commercial, LLC
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.60%

Purchase Details

Closed on
Jan 1, 2001
Bought by
Rogers Olive J

Purchase Details

Closed on
Nov 12, 1992
Sold by
Wachovia Bank and North Carolina
Bought by
Cameron Edith R

Purchase Details

Closed on
May 4, 1992
Sold by
Rogers Olive J
Bought by
Rogers Olive J Heirs
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
Richard Gary Dorian Living Trust -- None Listed On Document
Dorian Richard Gary $305,000 None Available
Nabers Hope William Witherspoon $350,000 None Available
Rogers Olive J -- --
Cameron Edith R -- --
Rogers Olive J Heirs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorian Richard Gary $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $305,000 -19.5% $162 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
09/19/2017 09/19/17 For Sale $379,000 +8.3% $201 / Sq Ft
10/14/2016 10/14/16 Sold $350,000 -7.9% $192 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $379,900 -- $208 / 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 $3,135 $360,400 $126,200 $234,200
2022 $3,063 $360,400 $126,200 $234,200
2021 $3,084 $360,400 $126,200 $234,200
2020 $3,171 $301,000 $129,800 $171,200
2019 $3,125 $296,700 $129,800 $166,900
2018 $3,125 $296,700 $129,800 $166,900
2017 $3,125 $296,700 $129,800 $166,900
2016 $2,711 $244,700 $108,000 $136,700
2015 $2,591 $244,700 $108,000 $136,700
2014 $2,481 $244,700 $108,000 $136,700
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Happy Clark

    Intracoastal Realty Corp

  • A

    Buyer's Agent in 2018

    Allison Donovan

    Coldwell Banker Sea Coast Advantage-Midtown

  • T

    Seller's Agent in 2016

    Teresa Hill

    Intracoastal Realty Corp

    (910) 256-4503

    1 in this area

    40 Total Sales

    Section Image
  • Vin Wells

    Buyer's Agent in 2016

    Vin Wells

    Cape Fear Commercial, LLC

    (910) 344-1000

    13 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100082562

Hive MLS

APN: R05416-010-022-000

North Carolina New Hanover County Wilmington 28403 Forest Hills South

2602 Mimosa Place, Wilmington, NC

This home is located at 2602 Mimosa Place, Wilmington, NC 28403 since 19 September 2017 and is currently estimated at $660,352, approximately $350 per square foot. This property was built in 1922. 2602 Mimosa Place is a home located in New Hanover County with nearby schools including Forest Hills Global Elementary School, 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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