NOT LISTED FOR SALE

Estimated Value: $478,000 - $568,000

3 Beds
5 Baths
1,325 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2024

Last sale price $525,000 $396 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,229 / mo

13 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • No HOA
  • The property is located in a historic district
  • Bonus Room
  • Formal Dining Room

About This Home

As of May 2024

Situated in the heart of Wilmington's historic district, this charming property offers a rare opportunity to own two homes in one of the city's most coveted locations. The main house, located at 414 South 2nd Street and built in 1876, has been tastefully remodeled and features an updated kitchen with granite countertops, cabinets, cork flooring, and stainless steel appliances. The master bedroom boasts a full bath with an original claw-foot tub, while the spacious second-floor loft serves as a third bedroom and offers ample storage and another full bathroom. The adjacent carriage house, complete with a studio kitchen, loft, and private entrance, provides additional living space and rental income potential. Both homes feature porches and enjoy a quiet, idyllic setting ideal for enjoying the sights and sounds of the historic district. Just steps away from the mile-long river walk, this property offers convenient access to some of the best local restaurants, theaters, art galleries, shops, and more. The carriage house offers the opportunity to offset expenses with rental income, This unique offering is not to be missed. Experience the charm and character of Wilmington's historic district—schedule your showing today! Buyer to verify square footage and if fireplaces are functional.

Last Agent to Sell the Property

Melanie Spencer

Intracoastal Realty Corporation License #299424 Listed on: 04/10/2024

Intracoastal Realty Corporation

Last Buyer's Agent

Jennifer Reinholt

Just For Buyers Realty, LLC License #304884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1876

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 33 x 165.27
  • Property fronts a state road
  • Wood Fence
  • Front Yard
  • Property is zoned HD-R

Parking

  • On-Street Parking

Home Design

  • Metal Roof
  • Wood Siding
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Gas Cooktop

Flooring

  • Wood
  • Cork

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Porch
  • Guest House
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R05405-033-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,690

Year Built

Built in 1876

Lot Details

5,445 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Historic District
  • Year Built: 1876
  • Property Sub Type: Single Family Residence
  • Appliances: Gas Cooktop, Electric Cooktop, Washer, Refrigerator, Dryer
  • Original List Price: 575000.00
  • Architectural Style: Historic District
  • Unit Levels: Two
  • Living Area: 1325.00
  • Is New Construction?: No
  • Other Structures: Guest House
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: Yes
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • Guest House Description: Addtl Carriage House
  • List Price Per Sqft: 433.96
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Flooring: Cork, Wood
  • Interior Amenities: Master Downstairs
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Room Types: Living Room, Bedroom 1, Master Bedroom, Bathroom 1, Dining Room, Kitchen, Laundry, Bonus Room
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.20
  • Attic Features: Eave Storage
  • Living Area Range: 1200 - 1399

Exterior Features

  • Exterior Finish: Asbestos, Wood Siding
  • Fencing: Front Yard, Partial, Wood
  • Roof: Metal
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: On Street

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Has Cooling?: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer
  • Fuel Tank Owned Or Leased: Owned
  • Electric Provider: Duke Progress Energy
  • Natural Gas Provider: Piedmont Natural Gas Co.
  • Fuel Tank Above Or Below Ground: Above Ground
  • Fuel Tank Fuel Type: Oil

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Lot Info

  • Deed Book: 1531
  • Deed Page: 1167.00
  • Lot Number: 4
  • Zoning: HD-R
  • Lot Features: Front Yard
  • Lot Size Acres: 0.12
  • Lot Size: 33 x 165.27
  • Lot Size Sq Ft: 5445.00
  • Purchase Contract Date: 2024-04-22
  • Parcel#: R05405-033-015-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Book Number: 0
  • Tax Lot: 4
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 2690.48

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 22, 2024
Sold by
Bought by
Seller's Agent
Melanie Spencer
Intracoastal Realty Corporation
Buyer's Agent
Jennifer Reinholt
Just For Buyers Realty, LLC
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Views
123
Current Estimated Value
$543,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,770
Avg. Annual Appreciation
1.62%
Original Mortgage
$498,750
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2001
Bought by

Purchase Details

Closed on
Feb 28, 1991
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1990
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 None Listed On Document
-- --
$20,500 --
$4,500 --
$4,500 --
$4,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $498,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $525,000 -8.7% $396 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $575,000 -- $434 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,187 $541,600 $177,200 $364,400
2024 -- $318,400 $77,600 $240,800
2023 $0 $318,400 $77,600 $240,800
2022 $2,706 $318,400 $77,600 $240,800
2021 $2,725 $318,400 $77,600 $240,800
2020 $3,361 $319,100 $95,600 $223,500
2019 $3,361 $319,100 $95,600 $223,500
2018 $3,361 $319,100 $95,600 $223,500
2017 $3,361 $319,100 $95,600 $223,500
2016 $2,487 $224,500 $117,100 $107,400
2015 $2,377 $224,500 $117,100 $107,400
2014 $2,276 $224,500 $117,100 $107,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100437797

Hive MLS

APN: R05405-033-015-000

Your Personal Tour Guide

Ask me questions while you tour the home.