NOT LISTED FOR SALE

4923 Maple Ave Wilmington, NC 28403

Winter Park Neighborhood

Estimated Value: $369,932 - $753,000

3 Beds
2 Baths
11,885 Sq Ft
$50/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $1,285,000 $108 Per Sq Ft

Current estimated payment $3,429/month

38 Days on Market

Highlights

  • 1.43 Acre Lot
  • John T. Hoggard High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2015

This is a very unique multifamily opportunity in Wilmington. The yearly rent roll totals $144,000 per year. The sale consists of 4 properties with two units on each property for a total of 8 units. There is very low vacancy on these units over the past six years due to the highly desirable location and demand from students. These properties have a built in demand from students that is exclusive to these particular units due in large part to tradition. Therefore, many of the leases simply transfer at the end of each yearly term to another tenant. These properties are professionally managed by Century 21 Sweyer Rentals.

Last Agent to Sell the Property

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 10/04/2014

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Argie Franck

Intracoastal Realty Corp License #129261

Intracoastal Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1996

Lot Details

  • 1.43

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Schools

  • Winter Park Elementary School
  • Williston Middle School
  • New Hanover High School

Additional Features

  • 1.43 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Perry Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3137-81-8220.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: C
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplace: None
  • List Price per Sq Ft: 119.48
  • Total Heated Sq Ft: 11885.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Other See Remarks: 32 Site
  • Parking Driveway: On Site

Utilities

  • 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

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5565
  • Deed Page: 2059.00
  • Lot Acres: 1.43
  • Lot Sq Ft: 62291.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: 3137-81-8220.000

MLS Schools

  • Elementary School: Winter Park
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Eagles Pad Llc
Bought by
Ritz Partnership 6 Llc
Current Estimated Value
$588,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 16, 2018
Sold by
Maple Avenue Student Housing Llc
Bought by
Eagles Pad Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,150
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 4, 2014
Closed on
Feb 26, 2015
Sold by
C & Fx Properties Llc
Bought by
Maple Avenue Student Housin Llcg
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Argie Franck
Intracoastal Realty Corp
List Price
$1,420,000
Sold Price
$1,285,000
Premium/Discount to List
-$135,000
-9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.99%
Original Mortgage
$1,028,000
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2004
Sold by
Perry Investments Inc
Bought by
Muscle Carolyn Frank J

Purchase Details

Closed on
Feb 22, 1996
Sold by
Forrest Robert J
Bought by
Perry Investments Inc

Purchase Details

Closed on
May 17, 1995
Sold by
Amerson Clyde Jr Miriam L
Bought by
Forrest Robert J

Purchase Details

Closed on
Sep 1, 1968
Bought by
Amerson Clyde Jr Miriam L
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
Ritz Partnership 6 Llc $2,510,000 None Available
Eagles Pad Llc $1,400,000 None Available
Maple Avenue Student Housin Llcg $1,285,000 None Available
Muscle Carolyn Frank J $270,000 --
Perry Investments Inc $86,500 --
Forrest Robert J $87,000 --
Amerson Clyde Jr Miriam L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritz Partnership 6 Llc $1,900,000
Previous Owner Eagles Pad Llc $1,450,000
Previous Owner Eagles Pad Llc $1,470,150
Previous Owner Maple Avenue Student Housing Llc $1,028,000
Previous Owner Muscle Frank $219,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $1,285,000 -9.5% $108 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $1,420,000 -- $119 / 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 $2,652 $304,800 $72,300 $232,500
2022 $2,591 $304,800 $72,300 $232,500
2021 $2,608 $304,800 $72,300 $232,500
2020 $2,743 $260,400 $47,900 $212,500
2019 $2,743 $260,400 $47,900 $212,500
2018 $2,743 $260,400 $47,900 $212,500
2017 $2,743 $260,400 $47,900 $212,500
2016 $2,739 $247,200 $47,900 $199,300
2015 $2,618 $247,200 $47,900 $199,300
2014 $2,507 $247,200 $47,900 $199,300
Source: Public Records

Agents Affiliated with this Home

  • Peter Sweyer

    Seller's Agent in 2015

    Peter Sweyer

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 256-0021

    78 Total Sales

    Peter Sweyer
    Section Image
  • Argie Franck

    Buyer's Agent in 2015

    Argie Franck

    Intracoastal Realty Corp

    (910) 512-3580

    82 Total Sales

    Argie Franck
    Section Image
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Map

Source: Hive MLS

MLS Number: 30512484

Hive MLS

APN: R05519-005-002-000

North Carolina New Hanover County Wilmington 28403 Winter Park

4923 Maple Ave, Wilmington, NC

This home is located at 4923 Maple Ave, Wilmington, NC 28403 since 04 October 2014 and is currently estimated at $588,733, approximately $49 per square foot. This property was built in 1996. 4923 Maple Ave is a home located in New Hanover County with nearby schools including College Park Elementary School, Williston Middle School, and John T. Hoggard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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