$470,000
SOLD AUG 4, 2014
7 Beds
7 Baths
4,880 Sq Ft
0.25 Acres

Recently Sold

$96 Per Sq Ft

22% Below List Price

142 Days on Market

Highlights

  • 0.25 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring

About This Home

As of July 2022

Handsome historic Purnell-Empie house. Needs roof replacement and structural repairs 1/4 acre lot on S. Front St. Currently set up as 6 apartments Three units have electric base board heat and window air, three have central hvac could be converted back to single-family. Grand staircase remains. Off street parking. Original historic charm throughout. Buyer to verify room sizes.

Last Agent to Sell the Property

Todd Toconis

Town & Country Real Estate License #123283 Listed on: 03/05/2014

Last Buyer's Agent

Todd Toconis

Town & Country Real Estate License #123283 Listed on: 03/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Property is zoned HD-R

Home Design

  • Stick Built Home

Interior Spaces

  • 4,880 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 7 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4500 - 4999
  • List Price per Sq Ft: 122.75
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 7
  • Total Bathrooms: 7.00
  • Bedrooms: 7
  • Number Rooms: 7
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Bedroom 6 Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 4880.00
  • Total Heated Primary Separate Sq Ft: 4880.00

Exterior Features

  • Foundation: Crawl Space

Garage/Parking

  • Garage And Parking Driveway Spaces: 6.00
  • Parking Driveway: Off Street

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 228.00
  • Lot Acres: 0.25
  • Lot Dimensions: 66x165
  • Lot Sq Ft: 10890.00
  • Zoning: HD-R

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 20, 2022
Sold by
Ladoux-Rayburn Ltd Co Llc
Bought by
319 South Front Street Llc
Seller's Agent
Christian Cardamone
Keller Williams Innovate-Wilmington
Buyer's Agent
A Non Member
A Non Member
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
$1,202,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$397,667
Avg. Annual Appreciation
-8.72%
Original Mortgage
$1,650,000
Outstanding Balance
$1,580,805
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$378,472

Purchase Details

Closed on
Oct 19, 2021
Sold by
Livery Developers Llc
Bought by
Ladoux Rayburn Ltd Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2016
Sold by
Thomas Harris Properties Inc
Bought by
Livery Developers Llc

Purchase Details

Listed on
Mar 5, 2014
Closed on
Aug 1, 2014
Sold by
Forest Hills Ventures Llc
Bought by
Thomas Harris Properties Inc
Seller's Agent
Todd Toconis
Town & Country Real Estate
Buyer's Agent
Todd Toconis
Town & Country Real Estate
List Price
$599,000
Sold Price
$470,000
Premium/Discount to List
-$129,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$248,000
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 26, 2000
Sold by
Block Hannah S
Bought by
Forest Hills Ventures Llc

Purchase Details

Closed on
May 1, 1966
Bought by
Block Hannah S
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,600,000 None Listed On Document
Warranty Deed $1,150,000 None Available
Warranty Deed $1,150,000 None Listed On Document
Warranty Deed $525,000 None Available
Warranty Deed $470,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,650,000 New Conventional
Previous Owner $575,000 Purchase Money Mortgage
Previous Owner $248,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,600,000 0.0% $328 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $1,600,000 +240.4% $328 / Sq Ft
08/04/2014 08/04/14 Sold $470,000 0.0% $96 / Sq Ft
08/04/2014 08/04/14 Sold $470,000 -21.5% $96 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/25/2014 07/25/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $599,000 0.0% $123 / Sq Ft
01/15/2014 01/15/14 For Sale $599,000 -- $123 / 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 $1,907 $438,300 $89,000 $349,300
2023 $1,907 $638,400 $89,000 $549,400
2022 $5,463 $0 $0 $0
2021 $5,463 $638,400 $89,000 $549,400
2020 $6,542 $621,000 $121,000 $500,000
2019 $6,542 $621,000 $121,000 $500,000
2018 $6,542 $621,000 $121,000 $500,000
2017 $6,542 $621,000 $121,000 $500,000
2016 $5,078 $458,300 $146,300 $312,000
2015 $4,853 $458,300 $146,300 $312,000
2014 $4,672 $460,700 $146,300 $314,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30502553

Hive MLS

APN: R05308-010-004-000