NOT LISTED FOR SALE

Estimated Value: $234,000 - $282,000

4 Beds
2 Baths
1,392 Sq Ft
$182/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $173,250 $124 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,503/month

93 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Central Air
  • No HOA
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of November 2020

Investor Alert! Duplex property with tenants in place on both sides. Turnkey investment or owner can occupy one side and supplement mortgage with rent from the other half. Each side has 2 BR's and a full bath. Living room with hardwood floors joins the kitchen/dining area. Utility room with washer and dryer in the rear has door leading to private back yard. Great location near the port is just minutes from Monkey Junction and 10 minutes to downtown Wilmington.

Last Agent to Sell the Property

Patrick Alderson

eXp Realty Listed on: 06/17/2020

eXp Realty

Last Buyer's Agent

Jeremy Bailey

BlueCoast Realty Corporation License #31408

BlueCoast Realty Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1942

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 93x86

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Belmont Subdivision

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number R06505-009-007-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1942

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: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Vinyl, Wood
  • Interior Amenities: 1st Floor Master
  • Laundry Location: Room
  • List Price per Sq Ft: 136.42
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Parking Driveway: None

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 2256.00
  • Lot Acres: 0.20
  • Lot Dimensions: 93x86
  • Lot Number: 190
  • Lot Sq Ft: 8712.00
  • Lot Water Features: None
  • Zoning: R5

Rental Info

  • Rental Income Gross Rental Income: 16500.00

Tax Info

  • Tax Identifier: R06505-009-007-000
  • Tax Year: 2019

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Williams
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Nov 16, 2020
Sold by
Aurum Investments Llc
Bought by
Blue Dock Llc
Seller's Agent
Patrick Alderson
eXp Realty
Buyer's Agent
Jeremy Bailey
BlueCoast Realty Corporation
List Price
$212,900
Sold Price
$173,250
Premium/Discount to List
-$39,650
-18.62%
Total Days on Market
93
Current Estimated Value
$253,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,497
Avg. Annual Appreciation
8.76%
Original Mortgage
$196,750
Outstanding Balance
$177,460
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$75,956

Purchase Details

Closed on
May 9, 2016
Sold by
Anderson Justin and Koons James
Bought by
Aurum Investments Llc

Purchase Details

Closed on
Oct 15, 2015
Sold by
Wenz Frederick J and Wenz Mary K
Bought by
Anderson Justin and Koons James

Purchase Details

Closed on
Feb 18, 2008
Sold by
Wenz Frederick J and Wenz Mary K
Bought by
City Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2005
Sold by
Us Bank Na
Bought by
Wenz Frederick H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2005
Sold by
Roberson Louis W and Roberson Sheila S
Bought by
Us Bank Na and Eqcc Home Equity Loan Asset Backed Certi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,700
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1997
Sold by
Stanley James J
Bought by
Roberson Louis W Sheila S

Purchase Details

Closed on
Oct 27, 1997
Sold by
Stanley James J
Bought by
Roberson Louis W Sheila S

Purchase Details

Closed on
Mar 11, 1994
Sold by
Stanley Maybell Bumgarner
Bought by
Stanley James J

Purchase Details

Closed on
Nov 1, 1965
Bought by
Stanley James J Maybell B
Source: Public Records

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Range of Values:

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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
Blue Dock Llc $173,500 None Available
Aurum Investments Llc -- None Available
Anderson Justin $47,197 None Available
City Properties Llc -- None Available
Wenz Frederick H $63,500 None Available
Us Bank Na $102,716 None Available
Roberson Louis W Sheila S -- --
Roberson Louis W Sheila S -- --
Stanley James J -- --
Stanley James J Maybell B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Dock Llc $196,750
Previous Owner Wenz Frederick J $44,400
Previous Owner Wenz Frederick J $15,000
Previous Owner Wenz Frederick J $25,000
Previous Owner Wenz Frederick H $10,000
Previous Owner Wenz Frederick H $46,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $173,250 -18.6% $124 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $212,900 -- $153 / 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 $940 $108,100 $34,900 $73,200
2022 $919 $108,100 $34,900 $73,200
2021 $925 $108,100 $34,900 $73,200
2020 $606 $57,500 $12,800 $44,700
2019 $606 $57,500 $12,800 $44,700
2018 $606 $57,500 $12,800 $44,700
2017 $606 $57,500 $12,800 $44,700
2016 $680 $61,400 $12,800 $48,600
2015 $650 $61,400 $12,800 $48,600
2014 $623 $61,400 $12,800 $48,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100222707

Hive MLS

APN: R06505-009-007-000