NOT LISTED FOR SALE

4003 Cedar Ave Wilmington, NC 28403

Saint James Village Neighborhood

Estimated Value: $476,842 - $593,000

3 Beds
2.5 Baths
1,480 Sq Ft
$366/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $231,500 $156 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,239/month

63 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • John T. Hoggard High School Rated A-
  • Porch
  • Combination Dining and Living Room

About This Home

As of August 2016

Two houses in the center of Wilmington near UNCW! Sqft listed is for the front house only! The front house has 3 bedrooms, plus a bonus room that could be a 4th bedroom with it's own bathroom. Completely renovated over the past 7 years with refinished wood floors, new kitchen, new roof, new windows, updated plumbing, and updated electric. The back house 950sqft was built in 2008 with an open floor plan and has 2 bedrooms plus a 1 car garage. Lovely rocking chair porch overlooks a private wooded area. Truly a unique opportunity to buy 2 fabulous homes on 1 property that would make great rentals or that perfect mother/daughter property. Rental potential is approx $1,400 for the front house and $1,000 for the back house. Back house currently has a month to month tenant.

Last Agent to Sell the Property

Regina Drury

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 05/09/2016

Last Buyer's Agent

Charlie Jones

Charles Jones Realty, Inc. License #182641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1959

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 210x100
  • Property is zoned R-10

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Saltworks Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05514-008-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,978

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • List Price per Sq Ft: 158.78
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Separate Living Spcs Guest House Desc: 2nd Home - Rental
  • Sq Ft Heated: 1480.00
  • Total Heated Primary Separate Sq Ft: 1480.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump

Association/Amenities

  • HOA: No

Lot Info

  • Lot Acres: 0.48
  • Lot Dimensions: 210x100
  • Lot Sq Ft: 21000.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R05514-008-003-000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Aug 16, 2016
Sold by
Sherwood Builders Llc
Bought by
Bagwell Joseph James
Seller's Agent
Regina Drury
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Charlie Jones
Charles Jones Realty, Inc.
List Price
$269,000
Sold Price
$231,500
Premium/Discount to List
-$37,500
-13.94%
Current Estimated Value
$563,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,230
Avg. Annual Appreciation
9.40%
Original Mortgage
$172,125
Outstanding Balance
$139,183
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$380,611

Purchase Details

Closed on
Jan 31, 2008
Sold by
Homebuyers Of Wilmington Llc
Bought by
Sherwood Builders Llc

Purchase Details

Closed on
Nov 8, 2007
Sold by
Tripp Jeffrey Hunter and Tripp Ronnie Pershing
Bought by
Homebuyers Of Wilmington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2000
Sold by
Tripp Thelma J Life Est
Bought by
Tripp Jeffrey Hunter

Purchase Details

Closed on
Mar 1, 1982
Sold by
Tripp Thelma J
Bought by
Tripp Thelma J Life Est

Purchase Details

Closed on
Dec 1, 1981
Sold by
Tripp Pershing D Thelma
Bought by
Tripp Thelma J

Purchase Details

Closed on
Nov 1, 1968
Sold by
Bullard Jessie D Helen M
Bought by
Tripp Pershing D Thelma

Purchase Details

Closed on
Jan 1, 1966
Sold by
Weiss Franklin Sr Bessie
Bought by
Bullard Jessie D Helen M

Purchase Details

Closed on
Apr 1, 1964
Sold by
Batten W H Tiney E
Bought by
Weiss Franklin Sr Bessie

Purchase Details

Closed on
Aug 1, 1954
Sold by
Kress Elisha W George R
Bought by
Branch James R Sadie
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
Bagwell Joseph James $231,500 None Available
Sherwood Builders Llc $123,000 None Available
Homebuyers Of Wilmington Llc $85,000 None Available
Tripp Jeffrey Hunter -- --
Tripp Thelma J Life Est -- --
Tripp Thelma J -- --
Tripp Pershing D Thelma -- --
Bullard Jessie D Helen M -- --
Weiss Franklin Sr Bessie -- --
Branch James R Sadie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bagwell Joseph James $172,125
Previous Owner Sherwood Builders Llc $110,000
Previous Owner Homebuyers Of Wilmington Llc $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $231,500 -13.9% $156 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $269,000 -- $182 / 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 $2,978 $342,300 $86,600 $255,700
2022 $2,910 $342,300 $86,600 $255,700
2021 $2,929 $342,300 $86,600 $255,700
2020 $2,593 $246,200 $42,700 $203,500
2019 $2,593 $246,200 $42,700 $203,500
2018 $2,593 $246,200 $42,700 $203,500
2017 $2,593 $246,200 $42,700 $203,500
2016 $2,314 $208,800 $49,800 $159,000
2015 $2,211 $208,800 $49,800 $159,000
2014 $2,117 $208,800 $49,800 $159,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Regina Drury

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • C

    Buyer's Agent in 2016

    Charlie Jones

    Charles Jones Realty, Inc.

    (910) 538-8093

    68 Total Sales

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Map

Source: Hive MLS

MLS Number: 100011795

Hive MLS

APN: R05514-008-003-000

North Carolina New Hanover County Wilmington 28403 Saint James Village

4003 Cedar Ave, Wilmington, NC

This home is located at 4003 Cedar Ave, Wilmington, NC 28403 since 09 May 2016 and is currently estimated at $542,211, approximately $366 per square foot. This property was built in 1959. 4003 Cedar Ave is a home located in New Hanover County with nearby schools including Winter Park Model Elementary School, Williston Middle School, and John T. Hoggard High School.

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