Seller's Agent in 2025
Nicholas Newell
The Capstone Group
(910) 541-1662
6 in this area
111 Total Sales
311 N 2nd St Unit C Wilmington, NC 28401
Historic Downtown Neighborhood
1
Bed
1
Bath
815
Sq Ft
$330/mo
HOA Fee
Highlights
- Spa
- Game Room
- Skylights
- Vaulted Ceiling
- Subterranean Parking
- 4-minute walk to Innes Park
About This Home
As of April 2025Short 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
The Capstone Group License #305776 Listed on: 01/20/2025
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
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%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,591
Avg. Annual Appreciation
-4.48%
Original Mortgage
$295,650
Outstanding Balance
$294,131
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$62,278
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $97,300 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Nicholas Newell
-
Pinpoint Properties
Buyer's Agent in 2025
Pinpoint Properties
Real Broker LLC
(910) 707-3802
1 in this area
304 Total Sales
-
McClaine Laningham
M
Buyer Co-Listing Agent in 2025
McClaine Laningham
Real Broker LLC
(919) 348-2585
1 in this area
27 Total Sales
Map
Source: Hive MLS
MLS Number: 100484574
APN: R04720-004-010-005
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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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