NOT LISTED FOR SALE

Estimated Value: $381,540 - $706,000

5 Beds
3 Baths
3,000 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $250,000 $83 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,285/month

174 Days on Market

Highlights

  • Wood Flooring
  • Mud Room
  • Porch
  • 3 Fireplaces
  • No HOA
  • Wood Fence

About This Home

As of October 2020

Upon entering this amazing home you will begin to imagine it as it once was- a large home in the heart of Old Wilmington. Or perhaps you will imagine it all shined up and painted and ready for new renters as an income generating property. Whatever your ambitions, this unique home offers plenty of possibilities.Large, sunlit rooms and original wood floors are the blank canvas you need to take this home to the next level. A new standing seam roof offers insurance that the home will be preserved from the outside elements. Beautiful fireplaces throughout should be inspected before use, but offer great character to bedrooms and living rooms. Huge windows bring in not only light but a view of gorgeous homes that surround the property. The home 's foundation seems to be in good shape , but bring your contractor and take a look. There aren't many homes like this left in downtown Wilmington. Here's your chance to be a part of this vital neighborhood and preserve a piece of our history! Home will be sold as-is.

Last Agent to Sell the Property

Jan Brewington

Dram Tree Realty License #203985 Listed on: 04/06/2020

Co-Listed By

Jim King

Dram Tree Realty License #291363

Last Buyer's Agent

Michelle Walker Powell

Coldwell Banker Sea Coast Advantage-Midtown License #265126

Coldwell Banker Sea Coast Advantage-Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,224

Year Built

  • Built in 1903

Lot Details

  • 3,960 Sq Ft Lot
  • Wood Fence

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding

Interior Spaces

  • 3 Bathrooms
  • 3-Story Property
  • 3 Fireplaces
  • Mud Room
  • Wood Flooring
  • Crawl Space
  • Gas Oven

Laundry

  • Laundry in Kitchen
  • Washer

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Landlocked Lot

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Tax Lot 6/6 1/2
  • Assessor Parcel Number R05405-004-010-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,224

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3rd Floor
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: None
  • Basement: None
  • Fireplace: 3+
  • Flooring: Wood
  • Interior Amenities: 1st Floor Master, Mud Room
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Kitchen
  • List Price per Sq Ft: 111.67
  • Total Bathrooms: 3.00
  • Number Bedrooms Total: 5
  • Total Heated Sq Ft: 3000.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos
  • Fencing: Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Stove/Oven - Gas, Washer
  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Natural Gas Provider: Piedmont Natural Gas Co.
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water, Natural Gas Connected
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 1864
  • Deed Page: 639.00
  • Lot Acres: 0.09
  • Lot Description: Land Locked
  • Lot Dimensions: 40*99
  • Lot Number: 6/6 1/2
  • Lot Sq Ft: 3960.00
  • Lot Water Features: None
  • Plat Book: 1864
  • Plat Page: 0639
  • Zoning: HD- Res

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Pets: Possible

Tax Info

  • Tax Identifier: R05405-004-010-000
  • Tax Year: 2019

Multi Family

  • Number Total Units: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Oct 21, 2020
Sold by
Thota Bheeshma K and Thota Devi Meenakshi
Bought by
Red Tiger Development Llc
Seller's Agent
Jan Brewington
Dram Tree Realty
Buyer's Agent
Michelle Walker Powell
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%
Current Estimated Value
$553,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,385
Avg. Annual Appreciation
18.32%

Purchase Details

Closed on
Jan 1, 2001
Bought by
Pearson M E

Purchase Details

Closed on
Mar 21, 1995
Sold by
Johnson Denise Michelle
Bought by
Thota Bheeshma K Devi M

Purchase Details

Closed on
Nov 1, 1988
Sold by
Foy Thomas W
Bought by
Johnson Denise Michelle

Purchase Details

Closed on
Oct 1, 1986
Sold by
Madden James R Mary Jo
Bought by
Foy Thomas W

Purchase Details

Closed on
Nov 1, 1983
Sold by
Foster Janette S
Bought by
Madden James R Mary Jo

Purchase Details

Closed on
Jun 1, 1978
Sold by
Pearson M E Hrs
Bought by
Foster Janette S
Source: Public Records

Range of Values:

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Average Value
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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
Red Tiger Development Llc $250,000 None Available
Pearson M E -- --
Thota Bheeshma K Devi M $130,000 --
Johnson Denise Michelle $30,000 --
Foy Thomas W $62,500 --
Madden James R Mary Jo $60,000 --
Foster Janette S $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $250,000 -28.4% $83 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $349,000 -- $116 / 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 $3,224 $370,600 $74,500 $296,100
2022 $2,090 $245,900 $74,500 $171,400
2021 $2,104 $245,900 $74,500 $171,400
2020 $3,133 $297,400 $83,800 $213,600
2019 $3,133 $297,400 $83,800 $213,600
2018 $3,133 $297,400 $83,800 $213,600
2017 $3,133 $297,400 $83,800 $213,600
2016 $2,948 $266,100 $103,600 $162,500
2015 $2,818 $266,100 $103,600 $162,500
2014 $2,698 $266,100 $103,600 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100212339

Hive MLS

APN: R05405-004-010-000