405 Dock St Wilmington, NC 28401
Old Wilmington Neighborhood
5
Beds
3
Baths
3,222
Sq Ft
2,919
Sq Ft Lot
Highlights
- Wood Flooring
- Covered patio or porch
- Central Air
- No HOA
- Laundry Room
- 5-minute walk to Innes Park
About This Home
As of January 2025Attention Investors! Excellent Investment Opportunity in Historic Downtown Wilmington! Prime Location on peaceful oak lined street yet short walk to all Downtown Wilmington has to offer-restaurants, entertainment, Riverwalk, banks, businesses, churches, etc. There are three separate rental units in this property, one 3 bed/1bath and two 1bed/1 bath units . Great rental history. The adjoining three properties, (401, 403 & 41 Dock St) are for sale as well and can be purchased as a portfolio with 405 Dock. Each unit is individually metered for h2o/sewer and electricity.
Last Agent to Sell the Property
Intracoastal Realty Corp License #151540 Listed on: 11/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,138
Year Built
- Built in 1923
Lot Details
- 2,919 Sq Ft Lot
- Lot Dimensions are 44x66
Home Design
- Triplex
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 3 Bathrooms
- 2-Story Property
- Crawl Space
- Pull Down Stairs to Attic
- Stove
Flooring
- Wood
- Vinyl Plank
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Covered patio or porch
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number R04817-036-009-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2024
Closed on
Jan 3, 2025
Sold by
John Hanby Debnam Living Trust and Champion Ilm Holdings Llc
Bought by
Chau Thanh
Seller's Agent
Alexander Koonce
Intracoastal Realty Corp
Buyer's Agent
Alexander Koonce
Intracoastal Realty Corp
List Price
$525,000
Sold Price
$487,500
Premium/Discount to List
-$37,500
-7.14%
Total Days on Market
17
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,474
Avg. Annual Appreciation
12.72%
Original Mortgage
$365,625
Outstanding Balance
$364,647
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$144,327
Purchase Details
Closed on
Jul 18, 2019
Sold by
Hanby Debnam John
Bought by
Hanby Debnam John and John Hanby Debnam Living Trust
Purchase Details
Closed on
Jul 11, 2018
Sold by
Folk Edgar Estes and Williams Marcus Lars
Bought by
Champion Ilm Holdings Llc
Purchase Details
Closed on
Jan 8, 1993
Sold by
Debnam Adrrienne H Heirs
Bought by
Debnam John Hanby
Purchase Details
Closed on
Jan 1, 1992
Sold by
Debnam Adrrienne H
Bought by
Debnam Adrrienne H Heirs
Purchase Details
Closed on
Jan 1, 1991
Sold by
Debnam F A Adrienne H
Bought by
Debnam Adrrienne H
Purchase Details
Closed on
Jan 22, 1959
Sold by
Hanby Howard A Ione F
Bought by
Debnam F A Adrienne H
Similar Homes in Wilmington, NC
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 | $487,500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed Of Distribution | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,625 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2025 01/28/25 | Sold | $487,500 | -7.1% | $151 / Sq Ft |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- |
| 11/04/2024 11/04/24 | For Sale | $525,000 | -- | $163 / 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 |
|---|---|---|---|---|
| 2024 | $3,138 | $360,700 | $72,300 | $288,400 |
| 2023 | $3,066 | $360,700 | $72,300 | $288,400 |
| 2022 | $3,066 | $360,700 | $72,300 | $288,400 |
| 2021 | $3,087 | $360,700 | $72,300 | $288,400 |
| 2020 | $3,204 | $304,200 | $74,100 | $230,100 |
| 2019 | $3,204 | $304,200 | $74,100 | $230,100 |
| 2018 | $3,204 | $304,200 | $74,100 | $230,100 |
| 2017 | $3,204 | $304,200 | $74,100 | $230,100 |
| 2016 | $3,147 | $284,000 | $92,500 | $191,500 |
| 2015 | $3,008 | $284,000 | $92,500 | $191,500 |
| 2014 | $2,880 | $284,000 | $92,500 | $191,500 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Koonce
Seller's Agent in 2025
Alexander Koonce
Intracoastal Realty Corp
(910) 509-7634
4 in this area
35 Total Sales
Map
Source: Hive MLS
MLS Number: 100474562
APN: R04817-036-009-000
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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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