NOT LISTED FOR SALE

Estimated Value: $406,000 - $498,000

3 Beds
3 Baths
1,512 Sq Ft
$292/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $130,000 $86 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $2,755/month

136 Days on Market

About This Home

As of April 2012

Great location. Each unit has 2 br's and 1 bath. Owner has not raised rents in 4 years. Currently each unit rents for $585 per month. Future rents could be approx. $625 to $650 per month. Only 1 block from Independence Mall. Close to downtown and beaches. Parking on site. This property is priced to sell!

Last Agent to Sell the Property

MaDonna Kesling

Coldwell Banker Sea Coast Advantage Listed on: 11/22/2011

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1987

Lot Details

  • 5,663

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property

Schools

  • Forest Hills Elementary School
  • Virgo Middle School
  • New Hanover High School

Community Details

  • Garden City Subdivision

Listing and Financial Details

  • Tax Lot 8393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,268

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • New Construction: No
  • Stories: 1.0
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: None
  • List Price per Sq Ft: 90.26

Exterior Features

  • Roof: Shingle

Utilities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 461.00
  • Lot Dimensions: irregular
  • Lot Number: 8393
  • Zoning: MF-H

MLS Schools

  • Elementary School: Forest Hills
  • High School: New Hanover
  • Middle School: Virgo
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2012
Sold by
Lancaster Properties Of Wilmington Llc C
Bought by
Hall Jeffrey K and Hall Rebecca A
Current Estimated Value
$468,718

Purchase Details

Closed on
Nov 26, 2012
Sold by
Lancaster Properties Llc
Bought by
Hall Jeffrey K and Hall Rebecca A

Purchase Details

Listed on
Nov 22, 2011
Closed on
Apr 16, 2012
Sold by
Lancaster Properties Llc
Bought by
Hall Jeffrrey K and Hall Rebecca A
Seller's Agent
MaDonna Kesling
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$97,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1978
Bought by
Lancaster George
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 Buyer Sale Price Title Company
Hall Jeffrey K -- None Available
Hall Jeffrey K -- None Available
Lancaster Properties Of Wilmington Llc -- None Available
Hall Jeffrrey K -- None Available
Lancaster George $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall Jeffrrey K $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2012 04/19/12 Sold $130,000 -6.5% $86 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $139,000 -- $92 / 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 $2,268 $268,400 $163,600 $104,800
2022 $2,281 $268,400 $163,600 $104,800
2021 $2,297 $268,400 $163,600 $104,800
2020 $1,464 $139,000 $57,200 $81,800
2019 $1,464 $139,000 $57,200 $81,800
2018 $1,464 $139,000 $57,200 $81,800
2017 $1,464 $139,000 $57,200 $81,800
2016 $1,427 $128,800 $54,500 $74,300
2015 $1,364 $128,800 $54,500 $74,300
2014 $1,306 $128,800 $54,500 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30470242

Hive MLS

APN: R05513-002-024-000