NOT LISTED FOR SALE

326 Mercer Ave Wilmington, NC 28403

Forest Hills North Neighborhood

Estimated Value: $225,000 - $281,000

2 Beds
1 Bath
882 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $98,500 $112 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,489/month

159 Days on Market

Highlights

  • Bamboo Flooring
  • No HOA
  • Storm Windows
  • Mud Room
  • Covered Patio or Porch
  • Living Room

About This Home

As of March 2019

Charming rocking chair front porch gives this cottage a street presence with a southern flair. 2 bedroom, 1 bath cottage on a private lot. New roof installed November 2018. Bamboo hardwood floors in main living area, new linoleum in kitchen and large laundry room/office with ample closet space throughout. Large fenced in backyard ready to be transformed into a private oasis for outdoor entertaining or gardening. This home has a long, solid rental history. Ideal location - within minutes to UNCW, historic downtown Wilmington, Empie Park, walk to the award winning Indochine Restaurant, 7 miles to Wrightsville Beach, 2 minutes from the newly opened Flying Machine Brewery on Randall Parkway, and backs up to the Forest Hills Neighborhood.

Last Agent to Sell the Property

Tim Bush

Coldwell Banker Sea Coast Advantage-Leland License #296859 Listed on: 09/05/2018

Coldwell Banker Sea Coast Advantage-Leland

Last Buyer's Agent

The Domenico Grillo Real Estate Team

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $963

Year Built

  • Built in 1941

Lot Details

  • 8,215 Sq Ft Lot
  • Lot Dimensions are 52x158x52x158
  • Wood Fence
  • Property is zoned R-15

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Mud Room
  • Living Room
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Bamboo
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic
  • Partially Finished Attic

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Lighted Parking
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R04917-005-019-000

Community Details

Overview

  • No Home Owners Association
  • Mercer Place West Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$963

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Attic Fan, Floored - Partial, Eave Storage
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Bamboo, Laminate, Carpet
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Mud Room, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 130.39
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 882.00
  • Total Heated Primary Separate Sq Ft: 882.00

Exterior Features

  • Exterior Features: Security Lighting, Storm Windows
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: Wood
  • Foundation: Block, Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Lighted, Unpaved, Off Street

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Washer, Stove/Oven - Gas, Refrigerator, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 330.00
  • Lot Acres: 0.19
  • Lot Dimensions: 52x158x52x158
  • Lot Number: 3
  • Lot Sq Ft: 8215.00
  • Zoning: R-15

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R04917-005-019-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 963.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 11, 2019
Sold by
Richardet Aaron and Richardet Danielle
Bought by
A & D Better Rentals Llc
Seller's Agent
Tim Bush
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
The Domenico Grillo Real Estate Team
Coldwell Banker Sea Coast Advantage
List Price
$115,000
Sold Price
$98,500
Premium/Discount to List
-$16,500
-14.35%
Current Estimated Value
$259,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,814
Avg. Annual Appreciation
16.11%
Original Mortgage
$78,739
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 5, 2018
Closed on
Mar 5, 2019
Sold by
Phillips Robert T and Phillips Teresa
Bought by
Richardet Aaron
Seller's Agent
Tim Bush
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
The Domenico Grillo Real Estate Team
Coldwell Banker Sea Coast Advantage
List Price
$115,000
Sold Price
$98,500
Premium/Discount to List
-$16,500
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,739
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 31, 2000
Sold by
Wilm Housing Finance/Dev Inc
Bought by
Phillips Robert T

Purchase Details

Closed on
Dec 17, 1999
Sold by
Wessell John C Iii Adm Estate
Bought by
Wilm Housing Finance/Dev Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
A & D Better Rentals Llc -- None Available
Richardet Aaron $98,500 None Available
Phillips Robert T $54,000 --
Wilm Housing Finance/Dev Inc $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Richardet Aaron $78,739
Previous Owner Phillips Robert Thomas $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $98,500 -14.3% $112 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $115,000 -- $130 / 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 $951 $109,300 $44,700 $64,600
2022 $929 $109,300 $44,700 $64,600
2021 $0 $109,300 $44,700 $64,600
2020 $851 $80,800 $25,300 $55,500
2019 $851 $80,800 $25,300 $55,500
2018 $851 $80,800 $25,300 $55,500
2017 $851 $80,800 $25,300 $55,500
2016 $963 $86,900 $24,800 $62,100
2015 $920 $86,900 $24,800 $62,100
2014 $881 $86,900 $24,800 $62,100
Source: Public Records

Agents Affiliated with this Home

  • Tim Bush

    Seller's Agent in 2019

    Tim Bush

    Coldwell Banker Sea Coast Advantage-Leland

    20 Total Sales

    Tim Bush
    Section Image

  • T

    Buyer's Agent in 2019

    The Domenico Grillo Real Estate Team

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100133406

Hive MLS

APN: R04917-005-019-000

North Carolina New Hanover County Wilmington 28403 Forest Hills North

326 Mercer Ave, Wilmington, NC

This home is located at 326 Mercer Ave, Wilmington, NC 28403 since 05 September 2018 and is currently estimated at $259,314, approximately $294 per square foot. This property was built in 1941. 326 Mercer Ave is a home located in New Hanover County with nearby schools including Forest Hills Global Elementary School, Williston Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS 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

Nearby Homes