NOT LISTED FOR SALE

454 Racine Dr Unit E202 Wilmington, NC 28403

College Acres-Hillsdale Neighborhood

Estimated Value: $124,000 - $134,420

2 Beds
2 Baths
694 Sq Ft
$184/mo HOA Fee

Last Sold August 08, 2017

Last sale price $43,250 $62 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $930/month

65 Days on Market

Highlights

  • In Ground Pool
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Balcony
  • Central Air
  • Carpet

About This Home

As of August 2017

Great investment opportunity 2 bedroom 2 bath unit in Campus Edge. This unit can be packaged with 4 other units. Tenants in place for 4 out of 5 units. Great investment cash flow property.456 D310

Last Agent to Sell the Property

Allen McCauley

Coastal Properties License #248669 Listed on: 05/22/2017

Last Buyer's Agent

Douglas Kesling

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $614

Year Built

  • Built in 1984

HOA Fees

  • $184 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 694 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Carpet
  • Termite Clearance
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R05508-002-015-016

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Campus Edge Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$614

Year Built

Built in 1984

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades
  • List Price per Sq Ft: 64.70
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 2
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Sq Ft Heated: 694.00
  • Total Heated Primary Separate Sq Ft: 694.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle, Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Taxes, Trash, Termite Bond, Roof, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Community Pool
  • HOAAssociationFee1Year: 2212.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2747.00
  • Lot Dimensions: irregular
  • Lot Sq Ft: 0.10
  • Zoning: MF-H

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 10200.00

Tax Info

  • Tax Identifier: R05508-002-015-016
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Aug 2, 2017
Sold by
Akrai Wilmington Holdings Llc
Bought by
Lu Yusheng and Huo Dengwei
Seller's Agent
Allen McCauley
Coastal Properties
Buyer's Agent
Douglas Kesling
Coldwell Banker Sea Coast Advantage
List Price
$49,500
Sold Price
$43,250
Premium/Discount to List
-$6,250
-12.63%
Current Estimated Value
$128,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,223
Avg. Annual Appreciation
14.60%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Norris Jason P
Bought by
Akrai Wilmington Holdings Llc

Purchase Details

Closed on
Mar 10, 2006
Sold by
Cash James B and Cash Cynthia R
Bought by
Norris Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 1994
Sold by
Azzarello Russell Joan P
Bought by
Cash James B Cynthia R

Purchase Details

Closed on
Nov 1, 1987
Sold by
Detommaso Michael Audrey
Bought by
Azzarello Russell Joan P

Purchase Details

Closed on
Sep 1, 1984
Sold by
Harriss George
Bought by
Detommaso Michael Audrey

Purchase Details

Closed on
Sep 1, 1983
Bought by
Harriss George
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
Lu Yusheng $44,000 None Available
Akrai Wilmington Holdings Llc -- None Available
Norris Jason P $285,000 None Available
Cash James B Cynthia R $40,500 --
Azzarello Russell Joan P $7,500 --
Detommaso Michael Audrey $41,500 --
Harriss George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norris Jason $41,300
Previous Owner Norris Jason $10,000
Previous Owner Norris Jason P $41,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $43,250 -12.6% $62 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $49,500 -- $71 / 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 $614 $70,600 $0 $70,600
2022 $600 $70,600 $0 $70,600
2021 $604 $70,600 $0 $70,600
2020 $428 $40,600 $0 $40,600
2019 $428 $40,600 $0 $40,600
2018 $428 $40,600 $0 $40,600
2017 $428 $40,600 $0 $40,600
2016 $480 $43,300 $0 $43,300
2015 $459 $43,300 $0 $43,300
2014 $439 $43,300 $0 $43,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Allen McCauley

    Coastal Properties

    (910) 232-6865

    18 Total Sales

    Allen McCauley
    Section Image

  • D

    Buyer's Agent in 2017

    Douglas Kesling

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100064271

Hive MLS

APN: R05508-002-015-016

North Carolina New Hanover County Wilmington 28403 College Acres-Hillsdale

454 Racine Dr Unit E202, Wilmington, NC

This home is located at 454 Racine Dr Unit E202, Wilmington, NC 28403 since 22 May 2017 and is currently estimated at $128,473, approximately $185 per square foot. This property was built in 1984. 454 Racine Dr Unit E202 is a home located in New Hanover County with nearby schools including College Park Elementary School, Williston Middle School, and New Hanover High School.

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