NOT LISTED FOR SALE

4009 Cherry Ave Wilmington, NC 28403

Empie Park Neighborhood

Estimated Value: $391,596 - $581,000

3 Beds
2 Baths
1,493 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $209,000 $140 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,898/month

210 Days on Market

Highlights

  • 0.67 Acre Lot
  • Attic Floors
  • 1-Story Property
  • John T. Hoggard High School Rated A-

About This Home

As of May 2014

1920 Craftsman style bungalow house offer 1493 sqft, 3 bedrooms, nice front porch, all wood floors, volume ceilings, wood work from old Wilmington. Garage Apartment over 2 car garage offers 2 bedrooms, central heat/air, 736 sqft. The 2 unit building offers 1251 sqft for two 1 bedroom apartments and 2 car carport, deck area. All of this on 2 lots with plenty of room $2,630 rental income per month based off prior house renting for $850. Great opportunity to live there or investment property.

Last Agent to Sell the Property

Tim Canady

Canady's Real Estate Services License #A4804 Listed on: 09/12/2013

Last Buyer's Agent

Troy Kenny

Hagood Homes Realty, Inc License #174228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1920

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 140 x 210

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Metal Roof
  • Asbestos Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Attic Floors

Schools

  • Alderman Elementary School
  • Williston Middle School
  • New Hanover High School

Community Details

  • Audubon Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,490

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: C
  • New Construction: No
  • Stories: 1.0
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Floored
  • Basement: None
  • Fireplace: None
  • List Price per Sq Ft: 153.38
  • Total Heated Sq Ft: 1493.00

Exterior Features

  • Exterior Finish: Asbestos, Block
  • Foundation: Crawl Space
  • Roof: Metal, Shingle
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Other See Remarks: 2 Cvrd
  • Total Garage Spaces: 2.00

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 Book: 5708
  • Deed Page: 373.00
  • Lot Acres: 0.67
  • Lot Dimensions: 140 x 210
  • Lot Sq Ft: 29400.00
  • Zoning: R-10

Multi Family

  • Number Total Units: 4

MLS Schools

  • Elementary School: Alderman
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2020
Sold by
Kenny James E and Kenny Troy H
Bought by
Kenny Vladimir James
Current Estimated Value
$497,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$234,884
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$262,765

Purchase Details

Closed on
Apr 1, 2020
Sold by
Hagood Homes Inc
Bought by
Kenny James E and Kenny Troy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$234,884
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$262,765

Purchase Details

Listed on
Sep 12, 2013
Closed on
May 21, 2014
Sold by
Cherry Avenue Properties Llc
Bought by
Hagood Homes Inc
Seller's Agent
Tim Canady
Canady's Real Estate Services
Buyer's Agent
Troy Kenny
Hagood Homes Realty, Inc
List Price
$289,000
Sold Price
$209,000
Premium/Discount to List
-$80,000
-27.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$177,000
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 25, 2013
Sold by
Horton Elizabeth G and Horton Paul Wayne
Bought by
Cherry Avenue Properties Llc

Purchase Details

Closed on
Sep 19, 2012
Sold by
Horton John J and Ralph T Horton Sr Revocable Tr
Bought by
Horton Ralph T and Prince Suzanne H

Purchase Details

Closed on
Sep 29, 2010
Sold by
Horton Ralph T and Horton Dorothy F
Bought by
Horton Ralph T and Ralph T Horton Sr Revocable Trust

Purchase Details

Closed on
Jun 1, 1969
Sold by
Southerland Lucille L J N
Bought by
Horton R T Doris S
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
Kenny Vladimir James $330,000 None Available
Kenny James E -- None Available
Hagood Homes Inc $209,000 None Available
Cherry Avenue Properties Llc -- None Available
Horton Ralph T -- None Available
Horton Ralph T -- None Available
Horton R T Doris S $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenny Vladimir James $264,000
Previous Owner Hagood Homes Inc $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $209,000 -27.7% $140 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $289,000 -- $194 / 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 $2,490 $286,200 $83,200 $203,000
2022 $2,433 $286,200 $83,200 $203,000
2021 $2,449 $286,200 $83,200 $203,000
2020 $1,967 $186,700 $38,200 $148,500
2019 $1,967 $186,700 $38,200 $148,500
2018 $0 $186,700 $38,200 $148,500
2017 $1,967 $186,700 $38,200 $148,500
2016 $1,894 $170,900 $43,500 $127,400
2015 $1,810 $170,900 $43,500 $127,400
2014 $1,673 $165,000 $43,500 $121,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tim Canady

    Canady's Real Estate Services

    (910) 443-8347

    3 Total Sales

    Tim Canady
    Section Image

  • T

    Buyer's Agent in 2014

    Troy Kenny

    Hagood Homes Realty, Inc

    (910) 256-8284

    Troy Kenny
    Section Image
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Map

Source: Hive MLS

MLS Number: 30496196

Hive MLS

APN: R05518-005-003-000

North Carolina New Hanover County Wilmington 28403 Empie Park

4009 Cherry Ave, Wilmington, NC

This home is located at 4009 Cherry Ave, Wilmington, NC 28403 since 12 September 2013 and is currently estimated at $497,649, approximately $333 per square foot. This property was built in 1920. 4009 Cherry 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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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

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