$365,000
SOLD APR 2, 2025
1 Bed
1 Bath
815 Sq Ft
$330/mo HOA Fee

Recently Sold

$448 Per Sq Ft

6% Below List Price

9 Days on Market

Highlights

  • Spa
  • Game Room
  • Skylights
  • Vaulted Ceiling
  • Subterranean Parking
  • 4-minute walk to Innes Park

About This Home

As of April 2025

Short term rentals allowed! Welcome to historic Downtown Wilmington. The port city's crown jewel. This vibrant community is an amazing place to live. Leave the car in the underground garage because everything you could ever need is just a quick walk or bike ride away. Grab dinner steps away at Dough House Wilmingtons newest pizza shop. Catch a show at Thalian Hall or take your boat out for a spin at the marina. Shopping, dining, groceries, office space, entertainment, nightlife, downtown has it all. This art deco building used to house the Sutton Pontiac Company. Today the dealership is gone but the charm remains with the mixed use condos. Whether you're looking for full time residence or you want to own a short term vacation rental this unit is for you. Out front you will find guest and resident parking, entrance to the foyer, a separate entrance to a storage area for bikes and beach equipment and around to the side the entrance to the private underground parking deck. This loft style unit is packed with character and updates. Huge windows and overly tall ceilings make this large 1 bedroom feel even larger. Beautiful red brick walls line 2 exterior walls. With a large amount of natural light from the warehouse style windows and skylight above the loft space. Downstairs hosts the kitchen, a living room and bonus area. Upstairs you'll find a full bath, bedroom and a bonus loft area to be used as a bonus room. New paint throughout. Entire unit is hard surface flooring with exception to the stairs which have brand new carpet. Laundry and parking on site. HOA game room currently being built out. Dues cover water, sewer, trash, cable/internet, trash, master insurance.

Last Agent to Sell the Property

Nicholas Newell

The Capstone Group License #305776 Listed on: 01/20/2025

Last Buyer's Agent

Pinpoint Properties

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1948

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Steel Frame
  • Wood Frame Construction
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 815 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Game Room
  • Luxury Vinyl Plank Tile Flooring
  • Laundry in Hall

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Home Security

Parking

  • Subterranean Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Spa

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04720-004-010-005

Community Details

Overview

  • Pontiac Place Association, Phone Number (910) 679-3012
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,489

Year Built

Built in 1948

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Block, Wood Frame, Steel Frame, Concrete, Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1948
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: Other
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 9Ft+ Ceilings, Reverse Floor Plan, Walk-in Shower, Smoke Detectors, Skylights, Hot Tub, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hall
  • List Price per Sq Ft: 478.40
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 5
  • Sq Ft Heated: 815.00
  • Total Heated Primary Separate Sq Ft: 815.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: See Remarks
  • On Site Pool Spa: None
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Flat
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Other See Remarks: parking lot & garage
  • Total Garage Spaces: 1.00
  • Parking Driveway: Concrete, Underground, Off Street, Paved, Parking Lot, On Street, On Site, Garage Door Opener, Garage Faces Side, Covered

Utilities

  • Appliances Equipment: Microwave - Built-In, Stove/Oven - Electric, Refrigerator
  • Cooling System: Heat Pump
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Game Room, Trash, Maint - Grounds, Maintenance Structure
  • HOAAssociationFee1Year: 3960.00
  • HOAAssociationName: pontiac place
  • HOAAssociationPhone: 9106793012

Lot Info

  • Deed Page: 2597.00
  • Plat Book: 11
  • Plat Page: 88-91
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04720-004-010-005
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Mar 25, 2025
Sold by
Matheis James Robert
Bought by
Rogers Collin Thomas
Seller's Agent
Nicholas Newell
The Capstone Group
Buyer's Agent
Pinpoint Properties
Real Broker LLC
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%
Total Days on Market
9
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.80%
Original Mortgage
$295,650
Outstanding Balance
$295,650
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$84,199

Purchase Details

Closed on
Oct 28, 2009
Sold by
Tranor Frank E and Tranor Sandra J
Bought by
Matheis James Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2004
Sold by
Black John A Kathy
Bought by
Tranor Frank E Iii Sandra

Purchase Details

Closed on
Mar 8, 1999
Sold by
Black Lynne C
Bought by
Black John A

Purchase Details

Closed on
Oct 1, 1997
Sold by
Cooke Crouch Garrett Enterpris
Bought by
Black John A Lynne C

Purchase Details

Closed on
Jan 31, 1997
Sold by
Crouch Betty Bugg
Bought by
Cooke Crouch Garrett Enterpris

Purchase Details

Closed on
Apr 12, 1996
Sold by
Crouch Betty Bugg
Bought by
Cooke Crouch Garrett Enterpris
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 Type Sale Price Title Company
Warranty Deed $365,000 None Listed On Document
Warranty Deed $365,000 None Listed On Document
Warranty Deed $139,000 None Available
Deed $90,000 --
Deed -- --
Deed $104,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,650 VA
Closed $295,650 VA
Previous Owner $70,000 New Conventional
Previous Owner $97,300 Commercial
Previous Owner $41,700 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $365,000 -6.4% $448 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/18/2025 01/18/25 For Sale $389,900 -- $478 / 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
2024 $1,489 $159,300 $0 $159,300
2023 $1,449 $159,300 $0 $159,300
2022 $1,457 $159,300 $0 $159,300
2021 $1,450 $159,300 $0 $159,300
2020 $831 $74,000 $0 $74,000
2019 $831 $74,000 $0 $74,000
2018 $831 $74,000 $0 $74,000
2017 $831 $74,000 $0 $74,000
2016 $719 $64,900 $0 $64,900
2015 $687 $64,900 $0 $64,900
2014 $658 $64,900 $0 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100484574

Hive MLS

APN: R04720-004-010-005