NOT LISTED FOR SALE

415 S Front St Unit A-E Wilmington, NC 28401

Old Wilmington Neighborhood
5 Beds
5 Baths
3,310 Sq Ft
10,559 Sq Ft Lot

Sale Details

Date Sold: December 16, 2020

Last sale price $1,200,000 $363 Per Sq Ft

15 Days on Market

Highlights

  • 0.24 Acre Lot
  • Attic
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • 4-minute walk to Dram Tree Park

About This Home

As of December 2020

Unique Historic District home with 5 individual condos, a bed and breakfast permit and grandfathered short term rentals use! The Charity-Prescott House (c.1837) at 415 S Front Street is set upon a double lot above Front Street just a short stroll to Riverwalk and downtown. The home consists of five historic ''condos'' with 8 deeded parking spaces. All five of the units are permitted to be rented nightly as a grandfathered use that predates the city's Short Term Rentals ordinance. There are no other multi family str rentals in the entire city and this grandfathered use is transferable upon sale. The Prescott house underwent a mid 2000s full renovation by Plantation Builders. The scope of work included adding a second story to the back, siding, mechanicals and a two part (metal over membrane) roof system. Although condo-ed, owner prefers to sell all five units together as a package. Agent/Owners will consider breaking up upon the appropriate interest of multiple parties (Contact agent for details and potential pricing). Sold furnished with exclusions. See you on the porch!

Last Agent to Sell the Property

David Billitto

Coastal Select Properties License #305267 Listed on: 08/21/2020

Last Buyer's Agent

Andrea Arth

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1837

Lot Details

  • 10,559 Sq Ft Lot
  • Lot Dimensions are 66x165x66x165
  • Property fronts a state road
  • Property fronts an alley

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space
  • Security Lights
  • Attic

Kitchen

  • Electric Oven
  • Built-In Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R05405-033-004-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Historic District Subdivision
  • Park Manager: No
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1837

Lot Details

10,559 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 1837
  • Property Sub Type: Quadruplex
  • Appliances: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer
  • Original List Price: 1250000.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 377.64
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Laundry Room
  • Stories: 2
  • Laundry Features: Laundry Room
  • Total Bedrooms: 5
  • Room Types: Dining Area
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 5.10
  • Attic Features: Access Only

Exterior Features

  • Exterior Features: Mail on Site, Trash on Site, Balcony
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Membrane, Metal
  • Pool Features: None
  • Road Frontage Type: Alley, City Street, State Road
  • Waterfront Features: None
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered, Porch, Balcony
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Shared Driveway, Unpaved, Off Street, On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Water Source: Public
  • Security Features: Security Lights
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Fuel Tank Details: None
  • Sewer Provider: Municipal Sewer, Cape Fear Public Utility Authority
  • Electric Provider: Duke Energy
  • Water Provider: Cape Fear Public Utility Authority

Condo/Co-op/Association

  • Association Amenities: Cable TV, Laundry, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Master Insure, Sewer, Trash
  • Has H O A?: No

Fee Information

  • Park Manager Name: No

Schools

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

Lot Info

  • Deed Book: 5740
  • Deed Page: 2852.00
  • Zoning: HDR
  • Lot Size Acres: 0.24
  • Lot Size: 66x165x66x165
  • Lot Size Sq Ft: 10559.00
  • Purchase Contract Date: 2020-09-01
  • Parcel#: R05405-033-004-000
  • Cobra Zone Y N: No

Tax Info

  • Tax Year: 2020
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: 311712.86.1205.001
  • Tax Other Assessment Amount Frequency: none
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
12/16/2020 12/16/20 Sold $1,200,000 -4.0% $363 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $1,250,000 -- $378 / Sq Ft
Source: Hive MLS

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Billitto

    Coastal Select Properties

    (910) 616-9824

    12 in this area

    15 Total Sales

    David Billitto
    Section Image

  • A

    Buyer's Agent in 2020

    Andrea Arth

    Keller Williams Innovate-Wilmington

See All Agents

Map

Source: Hive MLS

MLS Number: 100232633

Hive MLS
North Carolina New Hanover County Wilmington 28401 Old Wilmington

415 S Front St Unit A-E, Wilmington, NC

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