NOT LISTED FOR SALE

401 Chestnut St Unit H Wilmington, NC 28401

Historic Downtown Neighborhood

Estimated Value: $224,353

-- Bed
-- Bath
1,025 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $168,000 $164 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,544/month

144 Days on Market

About This Home

As of June 2021

Office Suite Barristers Row second floor with elevator, newly painted interior and new laminate flooring. Centrally located in ''legal district'' with short walk to Court House and downtown. Parking privileges included with locked gating at night. This suite has a half bath and ready for occupancy.

Last Agent to Sell the Property

Joe Rumsey

NorthGroup Real Estate LLC License #49412 Listed on: 01/27/2021

NorthGroup Real Estate LLC

Last Buyer's Agent

Jeff Lucas

Lucas and Associates REALTORS Inc. License #202184

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $643

Year Built

  • Built in 1985

Lot Details

  • Property is zoned CBD

HOA Fees

  • $201 Monthly HOA Fees

Home Design

  • 1,025 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Community Details

  • Association Phone (910) 251-0103
  • Barristers Row Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number R04817014005008

Property Details

Property Type

Other

Est. Annual Taxes

$643

Year Built

Built in 1985

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Office, Other
  • Cobra Zone: No
  • New Construction: No
  • Year Built: 1985
  • Definition: RE W/O Business
  • Space: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Attic: None
  • Basement: None
  • List Price per Sq Ft: 183.41
  • Sq Ft Heated: 1025.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Road Trans Access Airport: Less than 5 Miles
  • Road Trans Access Interstate: Less than 5 Miles
  • Road Trans Access Rail: Less than 5 Miles

Garage/Parking

  • Parking Driveway: On Site, Paved, Shared
  • Garage: No

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • Annual HOA: 2410.60
  • HOA Company: self
  • HOA Phone: 910-251-0103 Tony R
  • HOA Amenities: Maint - Comm Areas, Maint - Grounds, Maint - Roads, Master Insure, Mgmt Fee, Roof, Sewer, Sidewalk, Street Lights, Trash Removal, Water

Lot Info

  • Deed Book: 6177
  • Deed Page: 2985.00
  • Plat Book: 6177
  • Plat Page: 2985
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04817014005008
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 642.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jun 21, 2021
Sold by
Mark Spencer Williams Llc
Bought by
Lucas Properties 1 Llc
Seller's Agent
Joe Rumsey
NorthGroup Real Estate LLC
Buyer's Agent
Jeff Lucas
Lucas and Associates REALTORS Inc.
List Price
$188,000
Sold Price
$168,000
Premium/Discount to List
-$20,000
-10.64%
Current Estimated Value
$224,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,353
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Oct 31, 2018
Sold by
Williams Gina Loren
Bought by
Mark Spencer Williams Llc

Purchase Details

Closed on
Jan 20, 2015
Sold by
Bullard Norman D
Bought by
Mark Spencer Williams Llc

Purchase Details

Closed on
Nov 15, 1994
Sold by
Wrzesinski Dave Cheryl Trust
Bought by
Bullard Norman D

Purchase Details

Closed on
May 6, 1991
Sold by
Wrzesinki Dave Cheryl
Bought by
Wrzesinski Dave Cheryl Trust

Purchase Details

Closed on
Jan 1, 1986
Sold by
Barrister'S Row
Bought by
Wrzesinki Dave Cheryl

Purchase Details

Closed on
Apr 1, 1985
Bought by
Barrister'S Row
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
Lucas Properties 1 Llc $168,000 None Available
Mark Spencer Williams Llc -- None Available
Mark Spencer Williams Llc $227,000 None Available
Bullard Norman D $98,000 --
Wrzesinski Dave Cheryl Trust -- --
Wrzesinki Dave Cheryl $136,000 --
Barrister'S Row -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $168,000 -10.6% $164 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $188,000 +11.9% $183 / Sq Ft
06/19/2021 06/19/21 Off Market $168,000 -- --
06/19/2021 06/19/21 For Sale $188,000 +11.9% $183 / Sq Ft
05/27/2021 05/27/21 Off Market $168,000 -- --
01/28/2021 01/28/21 Price Changed $188,000 -100.0% $183 / Sq Ft
01/27/2021 01/27/21 For Sale $1,880,001,200 -- $1,834,148 / 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 $1,438 $153,800 $0 $153,800
2023 $1,399 $153,800 $0 $153,800
2022 $1,429 $156,200 $0 $156,200
2021 $1,422 $156,200 $0 $156,200
2020 $1,301 $115,800 $0 $115,800
2019 $1,301 $115,800 $0 $115,800
2018 $1,301 $115,800 $0 $115,800
2017 $1,301 $115,800 $0 $115,800
2016 $1,023 $92,300 $0 $92,300
2015 $977 $92,300 $0 $92,300
2014 $936 $92,300 $0 $92,300
Source: Public Records

Agents Affiliated with this Home

  • Joe Rumsey

    Seller's Agent in 2021

    Joe Rumsey

    NorthGroup Real Estate LLC

    (910) 617-5814

    7 Total Sales

    Joe Rumsey
    Section Image

  • J

    Buyer's Agent in 2021

    Jeff Lucas

    Lucas and Associates REALTORS Inc.

    (910) 297-6975

    23 Total Sales

    Jeff Lucas
    Section Image
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Map

Source: Hive MLS

MLS Number: 100254040

Hive MLS

APN: R04817-014-005-008

North Carolina New Hanover County Wilmington 28401 Historic Downtown

401 Chestnut St Unit H, Wilmington, NC

This home is located at 401 Chestnut St Unit H, Wilmington, NC 28401 since 27 January 2021 and is currently estimated at $224,353, approximately $218 per square foot. This property was built in 1985. 401 Chestnut St Unit H is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover 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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