NOT LISTED FOR SALE

Estimated Value: $568,000 - $626,000

4 Beds
3 Baths
3,821 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $270,000 $71 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,505/month

156 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Wood Siding
  • John T. Hoggard High School Rated A-

About This Home

As of November 2015

Investment Opportunity. Great central location to downtown and Wrightsville Beach. 5 units total. 4 - 1BR and 1 - 2BR units. Yearly gross rent $39,840. Plenty of on site parking available. Surrounded by beautiful mature oak trees.

Last Agent to Sell the Property

Haven Hodges

Prudential Burroughs & Chapin Realty, Inc Listed on: 05/26/2015

Last Buyer's Agent

Haven Hodges

Prudential Burroughs & Chapin Realty, Inc Listed on: 05/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 90 x 238

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asbestos Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Crawl Space

Outdoor Features

  • Porch

Schools

  • Forest Hills Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,080

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: C
  • Construction: Block, Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: None
  • List Price per Sq Ft: 83.75
  • Total Heated Sq Ft: 3821.00

Exterior Features

  • Exterior Finish: Asbestos, Block, Wood Siding
  • Foundation: Crawl Space, Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Other See Remarks: 12 Site
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Refrigerator
  • Cooling System: Central, Wall/Window Unit(s)
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4145
  • Deed Page: 844.00
  • Lot Acres: 0.51
  • Lot Dimensions: 90 x 238
  • Lot Sq Ft: 22216.00
  • Zoning: O&I-1

Multi Family

  • Number Total Units: 5

MLS Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Middle School: Roland Grise
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Nicholson Gary and Nicholson Diane
Bought by
City Of Wilmington
Current Estimated Value
$593,102

Purchase Details

Listed on
May 26, 2015
Closed on
Nov 23, 2015
Sold by
Lancaster Properties Of Wilmington Llc
Bought by
Nicholson Gary and Nicholson Diane
Seller's Agent
Haven Hodges
Prudential Burroughs & Chapin Realty, Inc
Buyer's Agent
Haven Hodges
Prudential Burroughs & Chapin Realty, Inc
List Price
$319,999
Sold Price
$270,000
Premium/Discount to List
-$49,999
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$170,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Lancaster George W Constance J
Bought by
Lancaster Properties Wilm Llc

Purchase Details

Closed on
Aug 15, 2002
Sold by
Lancaster George W Constance
Bought by
Lancaster Properties Wilm Llc

Purchase Details

Closed on
Apr 1, 1979
Bought by
Lancaster George Constance
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
City Of Wilmington $10,000 None Listed On Document
Nicholson Gary $270,000 None Available
Lancaster Properties Wilm Llc -- --
Lancaster Properties Wilm Llc -- --
Lancaster George Constance $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson Gary $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $270,000 -15.6% $71 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $319,999 -- $84 / 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 $3,080 $354,000 $238,200 $115,800
2023 $3,080 $362,500 $246,700 $115,800
2022 $3,081 $362,500 $246,700 $115,800
2021 $2,327 $362,500 $246,700 $115,800
2020 $2,744 $260,500 $144,500 $116,000
2019 $2,744 $260,500 $144,500 $116,000
2018 $2,744 $260,500 $144,500 $116,000
2017 $2,744 $260,500 $144,500 $116,000
2016 $2,784 $251,300 $137,700 $113,600
2015 $2,661 $251,300 $137,700 $113,600
2014 $2,548 $251,300 $137,700 $113,600
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Hive MLS

MLS Number: 30522066

Hive MLS

APN: R05514-001-010-000