$256,000
SOLD NOV 27, 2019
4 Beds
2 Baths
1,878 Sq Ft
2,438 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

1% Above List Price

215 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Ceiling height of 9 feet or more
  • Porch
  • Restaurant
  • Central Air

About This Home

As of November 2019

This roomy duplex is located in charming historic downtown on one of Wilmington's brick paved streets. The beautiful renovation of the upstairs 2-bedroom apt with granite counter tops and new flooring in kitchen and bathroom, along with new paint. Tenants are in place in both units.

Last Agent to Sell the Property

Amy Howell

River Town Realty Group License #288269 Listed on: 03/25/2019

Co-Listed By

Melissa Smith

River Town Realty Group License #309527

Last Buyer's Agent

Marie Elstad

LPT Realty License #306268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Attic Access Panel
  • Fire and Smoke Detector
  • Stove

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • 2,438 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number R04813-035-012-000

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,178

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors
  • Laundry Location: Closet
  • List Price per Sq Ft: 129.96
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Off Street, On Site, Unpaved

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities, Restaurant, Sidewalk
  • Property Mgmt Company: Yes

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 351.00
  • Lot Acres: 0.06
  • Lot Dimensions: (92 x 33) less (26 x 23)
  • Lot Sq Ft: 2438.00
  • Lot Water Features: None
  • Zoning: HD-R

Tax Info

  • Tax Identifier: R04813-035-012-000
  • Tax Year: 2018

Multi Family

  • Number Total Units: 2

MLS Schools

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

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
$507,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,880
Avg. Annual Appreciation
11.81%
Original Mortgage
$264,448
Outstanding Balance
$235,641
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$245,809

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $251,000 None Available
Warranty Deed -- None Available
Warranty Deed $225,000 None Available
Deed $65,000 --
Deed -- --
Deed $8,000 --
Deed $10,000 --
Deed $10,000 --
Deed $25,000 --
Deed $21,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,448 VA
Previous Owner $177,500 Purchase Money Mortgage
Previous Owner $81,000 Credit Line Revolving
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
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 $2,178 $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

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Map

Source: Hive MLS

MLS Number: 100156637

Hive MLS

APN: R04813-035-012-000