Seller's Agent in 2014
Doug Kesling
Coldwell Banker Sea Coast Advantage
(910) 540-5565
17 Total Sales
402 N 7th St Wilmington, NC 28401
Hemenway Neighborhood
3
Beds
1
Bath
1,622
Sq Ft
6,534
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- No HOA
- Carpet
About This Home
As of October 2014The two-story Charles McNari House, circa 1915 in downtown Wilmington offers a great opportunity for a unique residence and/or business with a storied past. It is in need of a complete restoration. This property is protection by the Preservation North Carolina with special protective covenants. Only seven blocks to the riverfront, the house is located on a brick-lined street on an elevated corner lot with mature landscaping. It is in the historic Brooklyn neighborhood. The property requires a complete rehabilitation including roof repairs, new HVAC, electrical, and plumbing systems. In the process of converting the house to a funeral home, some interior walls and structural supports were removed, leaving an open floor plan but creating some structural issues. Buyers may choose whether
Last Agent to Sell the Property
Coldwell Banker Sea Coast Advantage License #275699 Listed on: 08/14/2014
Last Buyer's Agent
Berkshire Hathaway HomeServices Carolina Premier Properties License #276867
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,899
Year Built
- Built in 1915
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 66x99
- Property is zoned R-10
Parking
- On-Site Parking
Home Design
- Wood Frame Construction
- Stick Built Home
Interior Spaces
- 1,622 Sq Ft Home
- 2-Story Property
- Carpet
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number 3128-00-0382.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2014
Closed on
Oct 23, 2014
Sold by
Beck James L and Beck Christine N
Bought by
Smith Harry R and Smith Nancy J
Seller's Agent
Doug Kesling
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Scott Sawyer
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Feb 26, 2013
Closed on
Jan 16, 2014
Sold by
The Historic Preservation Foundation Of
Bought by
Beck James L
Seller's Agent
Gwen Flowers
G. Flowers Realty
Buyer's Agent
Gwen Flowers
G. Flowers Realty
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.95%
Purchase Details
Closed on
Aug 28, 2007
Sold by
Stevens Shay C
Bought by
Stevens Carvin D
Purchase Details
Closed on
Aug 27, 2007
Sold by
Smith Margaret S
Bought by
Stevens Carvin D and Stevens Shay
Purchase Details
Closed on
Dec 29, 1988
Sold by
Smith Alfred R
Bought by
Stevens Carvin D
Purchase Details
Closed on
Sep 19, 1960
Sold by
Scott R H Nettie M
Bought by
Smith A R Margaret S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | None Available | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | $70,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $145,000 | New Conventional | |
| Closed | $95,000 | New Conventional | |
| Closed | $65,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2014 10/31/14 | Sold | $65,000 | -13.3% | $40 / Sq Ft |
| 10/30/2014 10/30/14 | Pending | -- | -- | -- |
| 08/14/2014 08/14/14 | For Sale | $75,000 | +7.1% | $46 / Sq Ft |
| 01/17/2014 01/17/14 | Sold | $70,000 | -29.3% | $43 / Sq Ft |
| 11/11/2013 11/11/13 | Pending | -- | -- | -- |
| 02/26/2013 02/26/13 | For Sale | $99,000 | -- | $61 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,899 | $218,300 | $51,400 | $166,900 |
| 2022 | $1,856 | $218,300 | $51,400 | $166,900 |
| 2021 | $1,868 | $218,300 | $51,400 | $166,900 |
| 2020 | $694 | $65,900 | $18,200 | $47,700 |
| 2019 | $694 | $45,400 | $18,200 | $27,200 |
| 2018 | $478 | $45,400 | $18,200 | $27,200 |
| 2017 | $478 | $45,400 | $18,200 | $27,200 |
| 2016 | $701 | $63,300 | $14,600 | $48,700 |
| 2015 | $757 | $71,500 | $14,600 | $56,900 |
| 2014 | -- | $112,900 | $14,600 | $98,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Seller's Agent in 2014
Gwen Flowers
G. Flowers Realty
(910) 443-2367
2 in this area
36 Total Sales
-
S
Buyer's Agent in 2014
Scott Sawyer
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 256-0021
108 Total Sales
Map
Source: Hive MLS
MLS Number: 30510376
APN: R04813-036-007-000
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