NOT LISTED FOR SALE

2940 Oleander Dr Unit 7 Wilmington, NC 28403

Glen Meade Neighborhood

Estimated Value: $190,810 - $216,000

1 Bed
1 Bath
696 Sq Ft
1951 Built

Last Sold January 23, 2023

Last sale price $122,000 $175 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,188/month

55 Days on Market

Highlights

  • Living Room
  • Laundry Facilities
  • Maintained Community
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

Nestled between beautiful live oaks this one bedroom, one bath condo is a great investment property. Conveniently located close to Historic Downtown Wilmington, the beaches, Independence Mall, Gary Shell Cross City Trail and Empie Park. A new roof was installed in 2019.Tenant is currently in place until lease expires July 31st, 2023. This condo has a consistent rental history.

Last Agent to Sell the Property

Alison Vause

Intracoastal Realty Corp. License #310375 Listed on: 11/04/2022

Last Buyer's Agent

Shane Register Team

Coldwell Banker Sea Coast Advantage-Midtown

Coldwell Banker Sea Coast Advantage-Midtown

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1951

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 696 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Lighted Parking
  • Shared Driveway
  • On-Site Parking
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Listing and Financial Details

  • Assessor Parcel Number R05416-011-003-007

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Oleander Court Condominiums Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: None
  • Laundry Location: None
  • List Price per Sq Ft: 186.78
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Sq Ft Heated: 696.00
  • Total Heated Primary Separate Sq Ft: 696.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Asphalt, Lighted, Off Street, On Site, Parking Lot, Shared

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Laundry, Maint - Grounds, Maintenance Structure, Master Insure, Sewer, Sidewalk, Street Lights, Trash, Water

Lot Info

  • Deed Book: 5592
  • Deed Page: 4950.00
  • Lot Sq Ft: 696.00
  • Zoning: mf -m

Tax Info

  • Tax Identifier: R05416-011-003-007
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2011
Closed on
Feb 1, 2012
Sold by
Ritz Development Llc
Bought by
Clark George T
Seller's Agent
Chris Hoskins
Intracoastal Realty Corp
Buyer's Agent
Wade Wilson
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%
Current Estimated Value
$204,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,203
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Garrett Lee Brewer
Bought by
Ritz Development Llc

Purchase Details

Closed on
Dec 3, 2008
Sold by
Garrett Charles Nichols
Bought by
Garrett Lee Brewer

Purchase Details

Closed on
Aug 1, 1987
Sold by
Valade Joseph A
Bought by
Garrett Charles N Jr Lee

Purchase Details

Closed on
Aug 1, 1986
Sold by
Garrett Chrles N Jr Lee B
Bought by
Valade Joseph A

Purchase Details

Closed on
Jun 1, 1986
Sold by
Acg Associates
Bought by
Garrett Chrles N Jr Lee B

Purchase Details

Closed on
Aug 1, 1984
Sold by
Garrett Jr Charles N
Bought by
Acg Associates
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Clark George T -- None Available
Clark George T $60,000 None Available
Ritz Development Llc $107,500 None Available
Garrett Lee Brewer $129,000 None Available
Garrett Charles N Jr Lee -- --
Valade Joseph A -- --
Garrett Chrles N Jr Lee B -- --
Acg Associates -- --
Garrett Charles N $66,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2023 01/23/23 Sold $122,000 -6.2% $175 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $129,999 0.0% $187 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/05/2022 12/05/22 Price Changed $129,999 -7.1% $187 / Sq Ft
11/04/2022 11/04/22 For Sale $139,999 +133.3% $201 / Sq Ft
02/01/2012 02/01/12 Sold $60,000 -13.0% $75 / Sq Ft View Prior Sale
01/27/2012 01/27/12 Pending -- -- --
06/30/2011 06/30/11 For Sale $69,000 -- $86 / 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 $1,369 $232,600 $0 $232,600
2023 $1,029 $118,300 $0 $118,300
2022 $0 $118,300 $0 $118,300
2021 $0 $118,300 $0 $118,300
2020 $854 $81,100 $0 $81,100
2019 $854 $81,100 $0 $81,100
2018 $854 $81,100 $0 $81,100
2017 $854 $81,100 $0 $81,100
2016 $897 $81,000 $0 $81,000
2015 $858 $81,000 $0 $81,000
2014 $821 $81,000 $0 $81,000
Source: Public Records

Agents Affiliated with this Home

  • Alison Vause

    Seller's Agent in 2023

    Alison Vause

    Intracoastal Realty Corp.

    (888) 584-9431

    1 in this area

    26 Total Sales

    Alison Vause
    Section Image

  • S

    Buyer's Agent in 2023

    Shane Register Team

    Coldwell Banker Sea Coast Advantage-Midtown

    (910) 799-5531

    5 in this area

    675 Total Sales

    Shane Register Team
    Section Image

  • C

    Seller's Agent in 2012

    Chris Hoskins

    Intracoastal Realty Corp

    (910) 619-6174

    4 Total Sales

    Chris Hoskins
    Section Image
  • Wade Wilson

    Buyer's Agent in 2012

    Wade Wilson

    Coldwell Banker Sea Coast Advantage-Midtown

    (910) 619-3502

    71 Total Sales

    Wade Wilson
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100356941

Hive MLS

APN: R05416-011-001-007

North Carolina New Hanover County Wilmington 28403 Glen Meade

2940 Oleander Dr Unit 7, Wilmington, NC

Not Listed for Sale

Condos

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