NOT LISTED FOR SALE

2701 Market St Wilmington, NC 28403

Carolina Heights Neighborhood

Estimated Value: $534,000 - $667,000

4 Beds
2 Baths
2,108 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $190,000 $90 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,434/month

234 Days on Market

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Central Air
  • Ground Level Unit
  • Porch
  • Heating Available

About This Home

As of August 2016

Rare opportunity to own a 2 family home all on 1 level in the heart of Wilmington. Entrance for each 2 bedroom and 1 bath unit is from front porch. Inside you will find hardwood floors throughout. Detached 2 car garage located in the back yard. Circular driveway in the front and separate driveway in the back allow for plenty of parking. Roof is 2 years old, duplex has new windows, and city gas for the stove. 1 unit is currently being used as an office and has a new HVAC and newer hot water on demand unit. Don't miss out on this home that could also be used as income property.

Last Agent to Sell the Property

Regina Drury

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 10/30/2015

Last Buyer's Agent

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.42

Home Design

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

Parking

  • On-Site Parking
  • Off-Street Parking

Schools

  • Freeman Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 1-Story Property
  • Porch
  • 0.42 Acre Lot
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4143
  • Assessor Parcel Number 3127-89-9903.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor, Ground
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: None
  • Interior Amenities: None
  • List Price per Sq Ft: 99.15
  • Total Heated Sq Ft: 2108.00

Exterior Features

  • Exterior Features: Mail on Site
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • 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: No
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 5414
  • Deed Page: 764.00
  • Lot Acres: 0.42
  • Lot Dimensions: Irregular
  • Lot Number: 4143
  • Lot Sq Ft: 18295.00
  • Zoning: R-10

Rental Info

  • Pets: Possible

Tax Info

  • Tax Identifier: 3127-89-9903.000
  • Tax Year: 2015

MLS Schools

  • Elementary School: Freeman
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jul 20, 2016
Sold by
Vitale Stefano and Vitale Ann Roberts
Bought by
Browning Robert M and Browning Susan D
Seller's Agent
Regina Drury
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%
Current Estimated Value
$599,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,907
Avg. Annual Appreciation
13.04%
Original Mortgage
$132,000
Outstanding Balance
$105,240
Interest Rate
3.54%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$494,667

Purchase Details

Closed on
Jun 8, 2009
Sold by
Omirly Nicholas H and Omirly Anna M
Bought by
Vitale Stefano and Vitale Ann Roberts

Purchase Details

Closed on
Sep 19, 2007
Sold by
Omirly Nicholas H and Omirly Anna M
Bought by
Omirly Nicholas H and Omirly Anna M

Purchase Details

Closed on
Jun 1, 1988
Sold by
Benton Brenda W
Bought by
Omirly Nicholas H

Purchase Details

Closed on
May 1, 1976
Bought by
Willaford Horace W I C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Browning Robert M $190,000 None Available
Vitale Stefano $193,000 None Available
Omirly Nicholas H -- None Available
Omirly Nicholas H $65,000 --
Benton Brenda W -- --
Willaford Horace W I C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Robert M $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $190,000 -24.0% $90 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $250,000 -- $119 / 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 $3,376 $627,700 $116,800 $510,900
2023 $2,483 $285,400 $74,600 $210,800
2022 $2,426 $285,400 $74,600 $210,800
2021 $2,442 $285,400 $74,600 $210,800
2020 $2,119 $201,200 $51,600 $149,600
2019 $2,119 $201,200 $51,600 $149,600
2018 $1,590 $201,200 $51,600 $149,600
2017 $2,119 $201,200 $51,600 $149,600
2016 $1,961 $177,000 $30,000 $147,000
2015 $1,874 $177,000 $30,000 $147,000
2014 $1,795 $177,000 $30,000 $147,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Regina Drury

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • Ed Wagenseller

    Buyer's Agent in 2016

    Ed Wagenseller

    Keller Williams Innovate-Wilmington

    (910) 279-4663

    1 in this area

    121 Total Sales

    Ed Wagenseller
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Map

Source: Hive MLS

MLS Number: 30529859

Hive MLS

APN: R04820-006-001-000

North Carolina New Hanover County Wilmington 28403 Carolina Heights

2701 Market St, Wilmington, NC

Not Listed for Sale

MultiFamily

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