NOT LISTED FOR SALE

402 Lennon Dr Wilmington, NC 28405

North College Neighborhood

Estimated Value: $329,000 - $435,000

4 Beds
2 Baths
2,016 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 08, 2015

Last sale price $152,000 $75 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,203/month

202 Days on Market

Highlights

  • Ground Level Unit
  • M.C.S. Noble Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

Investors welcome, duplex building can offer an 8% cap rate! 404 Lennon has 3 full bedrooms, eat-in kitchen, laundry closet, living room , half bath and two bedrooms with one full bath upstairs. 402 Lennon has living room, eat-in kitchen, half bath, laundry closet and two bedrooms with full bath upstairs and back patio. Both units a rented with good tenants. Ask for rent amount details.

Last Agent to Sell the Property

Jill Jethwa

Dianne Perry & Company License #267105 Listed on: 04/30/2015

Co-Listed By

Dianne Perry

Dianne Perry & Company License #34627

Last Buyer's Agent

Jonathan Gibson

eXp Realty License #281680

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1979

Lot Details

  • 10,019

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 2-Story Property
  • Dishwasher

Schools

  • College Park Elementary School
  • Noble Middle School
  • Laney High School

Utilities

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

Additional Features

  • 10,019 Sq Ft Lot
  • Ground Level Unit

Listing and Financial Details

  • Tax Lot 2620
  • Assessor Parcel Number 3138-94-6122.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,705

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Ground
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: None
  • List Price per Sq Ft: 80.00

Exterior Features

  • Foundation: Slab
  • Pool Spa: None

Utilities

  • Appliances Equipment: Dishwasher, 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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1286.00
  • Lot Acres: 0.23
  • Lot Number: 2620
  • Lot Sq Ft: 10019.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: 3138-94-6122.000

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: College Park
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
402 Lennon Llc
Bought by
Suzanne M Hoskins Llc
Current Estimated Value
$388,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Outstanding Balance
$237,883
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$141,925

Purchase Details

Closed on
Dec 8, 2022
Sold by
Nicolosi Phillip
Bought by
402 Lennon Llc

Purchase Details

Closed on
Feb 16, 2022
Sold by
Paul Barbour & Son Of Wilmington Inc
Bought by
Nicolosi Phillip Lee and Erickson Matthew Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,750
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2019
Sold by
Barbour Barry Paul
Bought by
Paul Barbour & Son Of Wilmington Inc

Purchase Details

Listed on
Apr 30, 2015
Closed on
Nov 30, 2015
Sold by
Venture Holdings Llc
Bought by
Barbour Barry Paul
Seller's Agent
Jill Jethwa
Dianne Perry & Company
Buyer's Agent
Jonathan Gibson
eXp Realty
List Price
$160,000
Sold Price
$152,000
Premium/Discount to List
-$8,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Venture Dynamics Llc
Bought by
Venture Holdings Llc

Purchase Details

Closed on
Apr 7, 2011
Sold by
Cerniglia James and Cerniglia Beth Anne
Bought by
Venture Dynamics Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
Cerniglia James Aaron and Cerniglia James A
Bought by
Cerniglia James

Purchase Details

Closed on
May 29, 2002
Sold by
Godley Robert B Julia W
Bought by
Cerniglia James Arron

Purchase Details

Closed on
Jul 17, 1980
Sold by
Evergreen Building Co
Bought by
Godley Robert B Julia W

Purchase Details

Closed on
Jul 6, 1979
Sold by
North Hills Of Wilmington Inc
Bought by
Evergreen Building Co
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
Suzanne M Hoskins Llc $344,000 None Listed On Document
402 Lennon Llc -- --
Nicolosi Phillip Lee $235,000 Cline Law Group Pllc
Paul Barbour & Son Of Wilmington Inc -- None Available
Barbour Barry Paul $152,000 None Available
Venture Holdings Llc -- None Available
Venture Dynamics Llc -- None Available
Cerniglia James $105,000 None Available
Cerniglia James Arron $119,500 --
Godley Robert B Julia W -- --
Evergreen Building Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suzanne M Hoskins Llc $240,800
Previous Owner Nicolosi Phillip Lee $173,750
Previous Owner Cerniglia James Arron $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2015 12/08/15 Sold $152,000 -5.0% $75 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $160,000 0.0% $79 / Sq Ft
12/28/2012 12/28/12 Rented $750 0.0% --
12/28/2012 12/28/12 Under Contract -- -- --
12/03/2012 12/03/12 For Rent $750 -- --
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 $1,705 $196,000 $62,300 $133,700
2022 $1,536 $180,700 $62,300 $118,400
2021 $1,546 $180,700 $62,300 $118,400
2020 $1,516 $143,900 $41,000 $102,900
2019 $1,516 $143,900 $41,000 $102,900
2018 $1,516 $143,900 $41,000 $102,900
2017 $1,516 $143,900 $41,000 $102,900
2016 $1,335 $120,500 $41,000 $79,500
2015 $1,276 $120,500 $41,000 $79,500
2014 $1,222 $120,500 $41,000 $79,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jill Jethwa

    Dianne Perry & Company

    (910) 332-0736

    59 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Dianne Perry

    Dianne Perry & Company

    Section Image

  • J

    Buyer's Agent in 2015

    Jonathan Gibson

    eXp Realty

    (910) 777-2200

    22 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    R.E Hunter

    Victory Real Estate Sales, Inc

See All Agents

Map

Source: Hive MLS

MLS Number: 30521547

Hive MLS

APN: R04908-006-001-000

North Carolina New Hanover County Wilmington 28405 North College

402 Lennon Dr, Wilmington, NC

This home is located at 402 Lennon Dr, Wilmington, NC 28405 since 30 April 2015 and is currently estimated at $383,715, approximately $190 per square foot. This property was built in 1979. 402 Lennon Dr is a home located in New Hanover County with nearby schools including College Park Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

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