NOT LISTED FOR SALE

462 Racine Dr Unit A108 Wilmington, NC 28403

College Acres-Hillsdale Neighborhood

Estimated Value: $115,000 - $130,000

2 Beds
2 Baths
668 Sq Ft
$159/mo HOA Fee

Last Sold November 16, 2015

Last sale price $40,000 $60 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $868/month

61 Days on Market

Highlights

  • Fitness Center
  • Balcony
  • Forced Air Heating and Cooling System
  • Community Pool
  • Resident Manager or Management On Site
  • Combination Dining and Living Room

About This Home

As of November 2015

Attention Investors! Excellent opportunity to buy a package of five 2 BR/2 BA condos at Campus Edge. Each condo has two 1 BR/1 BA Efficiency Units with separate entrances and a shared Kitchen/Dining Area. Private balcony, community pool, laundry facility and fitness center. Great Location, within walking distance of UNCW Campus and only 15 minutes from Wrightsville Beach.

Last Agent to Sell the Property

Hugh Williams

The Property Shop of the Carolinas, LLC License #280667 Listed on: 08/21/2015

Last Buyer's Agent

Hugh Williams

The Property Shop of the Carolinas, LLC License #280667 Listed on: 08/21/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $575

Year Built

  • Built in 1984

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 668 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Attic Is Not Usable
  • Pest Guard System

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Listing and Financial Details

  • Tax Lot 5607

Community Details

Overview

  • Master Insurance
  • Campus Edge Subdivision
  • Maintained Community

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$575

Year Built

Built in 1984

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: No Access
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 600 - 799
  • List Price per Sq Ft: 62.87
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 3
  • Bedroom 1 Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 668.00
  • Total Heated Primary Separate Sq Ft: 668.00

Exterior Features

  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Refrigerator
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Sidewalk, Water, Pest Control, Sewer, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Laundry, Fitness Center
  • HOAAssociationFee1Year: 1906.80

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1417.00
  • Lot Number: 5607
  • Special Assessments: Confirmed Special Assessment $
  • Zoning: MF-H

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Wolfer James L and Wolfe Angela
Bought by
Jwb Consultin And Planning Llc
Current Estimated Value
$124,145

Purchase Details

Listed on
Aug 21, 2015
Closed on
Nov 16, 2015
Sold by
Norco Llc
Bought by
Wolfe James L
Seller's Agent
Hugh Williams
The Property Shop of the Carolinas, LLC
Buyer's Agent
Hugh Williams
The Property Shop of the Carolinas, LLC
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Apr 19, 2005
Sold by
Tobacco By Products & Chemical Corp
Bought by
Hart Franklin D and Hart Eleanor B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1999
Sold by
Pape Robert G Margaret A
Bought by
Tobacco By Prod/Chemical Corp

Purchase Details

Closed on
Sep 30, 1996
Sold by
Chadwick Gary W
Bought by
Pape Robert G Margaret A

Purchase Details

Closed on
Oct 1, 1984
Sold by
Harriss George
Bought by
Chadwick Gary W

Purchase Details

Closed on
Sep 1, 1983
Bought by
Harriss George
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jwb Consultin And Planning Llc -- None Available
Wolfe James L $80,000 None Available
Hart Franklin D $265,000 None Available
Tobacco By Prod/Chemical Corp $47,500 --
Pape Robert G Margaret A $46,500 --
Chadwick Gary W $41,500 --
Harriss George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe James Lawrence $235,000
Previous Owner Hart Franklin D $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $40,000 -4.8% $60 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $42,000 -- $63 / 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 $575 $66,100 $0 $66,100
2022 $562 $66,100 $0 $66,100
2021 $566 $66,100 $0 $66,100
2020 $400 $38,000 $0 $38,000
2019 $400 $38,000 $0 $38,000
2018 $400 $38,000 $0 $38,000
2017 $400 $38,000 $0 $38,000
2016 $450 $40,600 $0 $40,600
2015 $430 $40,600 $0 $40,600
2014 $412 $40,600 $0 $40,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2015

    Hugh Williams

    The Property Shop of the Carolinas, LLC

See All Agents

Map

Source: Hive MLS

MLS Number: 30530633

Hive MLS

APN: R05508-002-015-129

North Carolina New Hanover County Wilmington 28403 College Acres-Hillsdale

462 Racine Dr Unit A108, Wilmington, NC

This home is located at 462 Racine Dr Unit A108, Wilmington, NC 28403 since 21 August 2015 and is currently estimated at $124,145, approximately $185 per square foot. This property was built in 1984. 462 Racine Dr Unit A108 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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