NOT LISTED FOR SALE

403 N 7th St Wilmington, NC 28401

Hemenway Neighborhood

Estimated Value: $460,799 - $516,000

2 Beds
1 Bath
1,916 Sq Ft
$251/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $256,000 $134 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,865/month

About This Home

As of November 2019

Updated 2 large bedroom, 1 bath home in a duplex, first floor. Located in the Brooklyn Arts District. Great front porch to spend some time outdoors. Washer and Dryer in the apartment. Pets are allowed with a non refundable pet fee. Call for an appointment to see.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Nov 20, 2019
Sold by
Wide Open Properties Llc
Bought by
Thomas Solomon D
Seller's Agent
Amy Howell
River Town Realty Group
Buyer's Agent
Marie Elstad
LPT Realty
List Price
$254,000
Sold Price
$256,000
Premium/Discount to List
$2,000
0.79%
Current Estimated Value
$481,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,450
Avg. Annual Appreciation
11.76%
Original Mortgage
$264,448
Outstanding Balance
$235,641
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$239,862

Purchase Details

Closed on
Jan 12, 2007
Sold by
Solomon Gary J and Solomon Jennifer M
Bought by
Wide Open Properties Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Sharp Edward
Bought by
Solomon Gary J and Cornelius John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2001
Sold by
North Metro Properties Llc
Bought by
Sharp Edward

Purchase Details

Closed on
Jan 9, 1997
Sold by
Maynard Russell M
Bought by
North Metro Properties Llc

Purchase Details

Closed on
Oct 30, 1992
Sold by
Nationsbank Of North Carolina
Bought by
Maynard Russell M

Purchase Details

Closed on
Jun 15, 1992
Sold by
Butler Algernon L Jr Trustee
Bought by
Nationsbank Of North Carolina

Purchase Details

Closed on
Jun 2, 1992
Sold by
Grear Kathy Patrice Davis
Bought by
Grear Peter

Purchase Details

Closed on
Sep 1, 1986
Sold by
Henbrawall Inc
Bought by
Grear Peter

Purchase Details

Closed on
Nov 1, 1984
Sold by
Davis Derick Garnard Nora
Bought by
Henbrawall Inc

Purchase Details

Closed on
Aug 1, 1955
Bought by
Davis Derick Garnard Nora
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Thomas Solomon D $251,000 None Available
Wide Open Properties Llc -- None Available
Solomon Gary J $225,000 None Available
Sharp Edward $65,000 --
North Metro Properties Llc -- --
Maynard Russell M $8,000 --
Nationsbank Of North Carolina $10,000 --
Grear Peter $10,000 --
Grear Peter $25,000 --
Henbrawall Inc $21,500 --
Davis Derick Garnard Nora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Solomon D $264,448
Previous Owner Solomon Gary J $177,500
Previous Owner Sharp Edward $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2022 09/17/22 Rented $1,200 0.0% --
09/05/2022 09/05/22 For Rent $1,200 0.0% --
04/04/2022 04/04/22 Rented $1,200 0.0% --
03/14/2022 03/14/22 For Rent $1,200 +9.1% --
04/06/2020 04/06/20 Rented $1,100 0.0% --
04/06/2020 04/06/20 For Rent $1,100 +10.0% --
02/13/2020 02/13/20 Rented $1,000 0.0% --
02/13/2020 02/13/20 For Rent $1,000 0.0% --
11/27/2019 11/27/19 Sold $256,000 +0.8% $136 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $254,000 -- $135 / Sq Ft

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 $2,178 $250,400 $50,900 $199,500
2022 $2,128 $250,400 $50,900 $199,500
2021 $2,143 $250,400 $50,900 $199,500
2020 $1,579 $149,900 $28,700 $121,200
2019 $1,579 $149,900 $28,700 $121,200
2018 $1,579 $149,900 $28,700 $121,200
2017 $1,579 $149,900 $28,700 $121,200
2016 $2,130 $192,200 $40,500 $151,700
2015 $2,035 $192,200 $40,500 $151,700
2014 $1,949 $192,200 $40,500 $151,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chloe Evans

    Delmar Properties LLC

  • M

    Seller's Agent in 2022

    Mary Delmar

    Delmar Properties LLC

    (910) 279-4399

    21 Total Sales

    Mary Delmar
    Section Image

  • A

    Seller's Agent in 2019

    Amy Howell

    River Town Realty Group

  • M

    Seller Co-Listing Agent in 2019

    Melissa Smith

    River Town Realty Group

  • M

    Buyer's Agent in 2019

    Marie Elstad

    LPT Realty

    (760) 579-9551

    47 Total Sales

    Marie Elstad
    Section Image

  • M

    Buyer's Agent in 2019

    Marie Clarke

    eXp Realty, LLC

See All Agents

Map

North Carolina New Hanover County Wilmington 28401 Hemenway

403 N 7th St, Wilmington, NC

This home is located at 403 N 7th St, Wilmington, NC 28401 and is currently estimated at $481,450, approximately $251 per square foot. 403 N 7th St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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