NOT LISTED FOR SALE

370 S Kerr Ave Unit 102 Wilmington, NC 28403

Devon Park Neighborhood

Estimated Value: $233,354 - $501,000

3 Beds
3 Baths
1,150 Sq Ft
$115/mo HOA Fee

Last Sold December 20, 2019

Last sale price $121,000 $105 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,821/month

Highlights

  • Corner Lot
  • Combination Dining and Living Room
  • Maintained Community
  • Brick Exterior Construction
  • Carpet

About This Home

As of December 2019

Attention! Investor alert! condo in Kerr Crossing. Central open area includes kitchen, living and dining area. Each of the 3 bedrooms offer walk-in closet, private bath and carpet. Wonderful rental and investment opportunity!!Close to UNCW, shopping, dining and cross city trail.Short drive to downtown Wilmington and Wrightsville Beach. Price is firm but purchasing more than one unit may reflect a discount, multiple units available.

Last Agent to Sell the Property

Christian Cardamone

Keller Williams Innovate-Wilmington License #238762 Listed on: 11/13/2019

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 2007

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • Heat Pump System
  • Co-Op Water

Community Details

  • Master Insurance
  • Kerr Crossing Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number R05507-001-011-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,315

Year Built

Built in 2007

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: None
  • List Price per Sq Ft: 108.70
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1150.00
  • Total Heated Primary Separate Sq Ft: 1150.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: On Site, Shared Driveway, Paved

Utilities

  • Cooling System: Central Air
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Grounds, Trash, Water, Street Lights, Master Insure, Maintenance Structure
  • HOAAssociationFee1Year: 1380.00

Lot Info

  • Deed Page: 9632.00
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Zoning: R10

Tax Info

  • Tax Identifier: R05507-001-011-002
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 17, 2019
Sold by
Kerr Crossing Partners Llc
Bought by
Pharaoh Mws Llc
Seller's Agent
Christian Cardamone
Keller Williams Innovate-Wilmington
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$125,000
Sold Price
$121,000
Premium/Discount to List
-$4,000
-3.2%
Current Estimated Value
$300,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,839
Avg. Annual Appreciation
17.43%
Original Mortgage
$254,000
Outstanding Balance
$224,899
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$75,940

Purchase Details

Closed on
Dec 22, 2010
Sold by
Barker & Melvin Llc
Bought by
Kerr Crossing Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Pharaoh Mws Llc $605,000 None Available
Kerr Crossing Partners Llc $2,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pharaoh Mws Llc $254,000
Previous Owner Kerr Crossing Partners Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $121,000 -3.2% $105 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $125,000 -- $109 / 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 $1,315 $151,100 $0 $151,100
2022 $1,284 $151,100 $0 $151,100
2021 $1,293 $151,100 $0 $151,100
2020 $954 $90,600 $0 $90,600
2019 $954 $90,600 $0 $90,600
2018 $954 $90,600 $0 $90,600
2017 $954 $90,600 $0 $90,600
2016 $1,147 $103,500 $0 $103,500
2015 $1,096 $103,500 $0 $103,500
2014 $1,049 $103,500 $0 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100193254

Hive MLS

APN: R05507-001-011-002