$800,000
SOLD OCT 30, 2017
7 Beds
7 Baths
6,582 Sq Ft
0.39 Acres

Recently Sold

$122 Per Sq Ft

11% Below List Price

189 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • No HOA
  • 0.39 Acre Lot
  • 3 Fireplaces
  • 4-minute walk to Dram Tree Park

About This Home

As of November 2021

Historic river view investment property with 7 one bedroom apartments. The William B. Meares House, a handsome brick 3 story in the Greek Revival style, was originally constructed in 1826 and moved to its present location on a large lot overlooking the Cape Fear River in 1887. In 1986 the 6,060 sf main house was converted into 6 one bedroom apartments. The 522 sf one story out building is the 7th apartment

Last Agent to Sell the Property

Jane Davis

Landmark Sotheby's International Realty License #172968 Listed on: 02/09/2017

Landmark Sotheby's International Realty

Last Buyer's Agent

Sharon Pate-Batts

Intracoastal Realty Corp License #237934

Intracoastal Realty Corp

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1826

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 250x66x285x68

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Metal Roof

Interior Spaces

  • 7 Bathrooms
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • 3 Fireplaces
  • Water Views
  • Attic Access Panel
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R05308-013-006-000

Community Details

Overview

  • No Home Owners Association
  • Historic District Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1826

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Brick/Stone
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3rd Floor
  • Year Built: 1826
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: Finished - No
  • Fireplace: 3+
  • Flooring: Vinyl, Wood
  • Interior Amenities: 9Ft+ Ceilings
  • List Price per Sq Ft: 132.94
  • Total Bathrooms: 7.00
  • Number Bedrooms Total: 7
  • Total Heated Sq Ft: 6582.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • 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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 1917
  • Deed Page: 1.00
  • Lot Acres: 0.39
  • Lot Dimensions: 250x66x285x68
  • Lot Number: 4
  • Lot Sq Ft: 17076.00
  • Zoning: HD-R

Rental Info

  • Pets: Yes

Tax Info

  • Tax Identifier: R05308-013-006-000
  • Tax Year: 2015

Multi Family

  • Number Total Units: 7

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Cardenas-Roen Christiana L and Roen Todd
Bought by
Bowman Carol S
Current Estimated Value
$1,118,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,375
Outstanding Balance
$279,135
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$839,365

Purchase Details

Closed on
Aug 28, 2024
Sold by
Livery Developers Llc
Bought by
Kjg Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2024
Sold by
Livery Developers Llc
Bought by
Pacific Premier Trust and Piepenbrink

Purchase Details

Closed on
Jan 3, 2024
Sold by
Livery Developers Llc
Bought by
Mcnair Andrea and Mcnair John Rupert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.29%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 22, 2021
Sold by
416 S Front Llc
Bought by
Livery Developers Llc
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
David Billitto
Coastal Select Properties
List Price
$1,377,760
Sold Price
$1,377,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.21%
Original Mortgage
$876,154
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 9, 2017
Closed on
Oct 20, 2017
Sold by
Divine Patricia B
Bought by
416 S Front Llc
Seller's Agent
Jane Davis
Landmark Sotheby's International Realty
Buyer's Agent
Sharon Pate-Batts
Intracoastal Realty Corp
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$640,000
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 22, 1995
Sold by
Divine Morrison W Iii Patricia
Bought by
Divine Morrison W Iii Trustee

Purchase Details

Closed on
Jul 1, 1984
Bought by
Divine Augusta Elizabeth
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 Type Sale Price Title Company
Warranty Deed $430,000 None Listed On Document
Warranty Deed $430,000 None Listed On Document
Warranty Deed $289,000 None Listed On Document
Warranty Deed $407,500 None Listed On Document
Warranty Deed $407,500 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Warranty Deed $329,000 None Listed On Document
Warranty Deed $329,000 None Listed On Document
Warranty Deed $1,378,000 None Available
Warranty Deed $800,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,750 New Conventional
Previous Owner $263,200 Seller Take Back
Previous Owner $876,154 Commercial
Previous Owner $640,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $1,377,760 0.0% $232 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,377,760 +72.2% $232 / Sq Ft
10/30/2017 10/30/17 Sold $800,000 -10.6% $122 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $895,000 -- $136 / 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
2024 -- $782,500 $102,000 $680,500
2023 $6,612 $782,500 $102,000 $680,500
2022 $6,651 $782,500 $102,000 $680,500
2021 $6,697 $782,500 $102,000 $680,500
2020 $7,573 $718,900 $150,000 $568,900
2019 $7,573 $718,900 $150,000 $568,900
2018 $7,573 $718,900 $150,000 $568,900
2017 $7,573 $718,900 $150,000 $568,900
2016 $5,684 $513,000 $184,600 $328,400
2015 $5,433 $513,000 $184,600 $328,400
2014 $5,202 $513,000 $184,600 $328,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100047670

Hive MLS

APN: R05308-013-006-000