Seller's Agent in 2021
Pam Kersting
Intracoastal Realty Corp
(910) 509-1953
2 in this area
177 Total Sales
507 Ann St Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated Value: $282,000 - $439,000
3
Beds
2
Baths
1,220
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- Deck
- Thermal Windows
- Laundry closet
- No HOA
- Porch
- Forced Air Heating and Cooling System
About This Home
As of November 2021Incredible VALUE in the heart of Wilmington's HISTORIC DISTRICT! This spacious 1903 Turn-of-the-Century Bungalow is centrally located within easy walking distance to Wilmington's famed River Walk; the downtown dining and entertainment scene; or the Castle Street shopping district lined with eclectic locally-owned stores and coffee shops. Spend your evenings rocking on the porch or head to the River Walk to watch the sun set over the Battleship. This home is perfect as a single family home or as a potential income-producing AirBnB.The exterior of the home has been completely renovated with new wood siding, reinforced structure, new metal roofing, metal gutters, new paint and a new rear deck and covered front porch. There are also new windows and doors as well as a new heating and air system. In addition, the house is fully plumbed and wired. The drywall has been purchased and is ready for installation. The interior is currently unfinished, but ready for you to select your own fixtures, appliances, cabinets and finishes. This is a fantastic opportunity to design and construct your own dream interior! Home is being sold ''as is.''
Last Agent to Sell the Property
Intracoastal Realty Corp License #262281 Listed on: 08/20/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,270
Year Built
- Built in 1903
Lot Details
- 2,352 Sq Ft Lot
- Lot Dimensions are 77x30.5
- Wood Fence
- Property is zoned HD-R
Parking
- On-Street Parking
Home Design
- Brick Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,220 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Combination Dining and Living Room
- Laundry closet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number R05405-013-008-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2021
Closed on
Oct 20, 2021
Sold by
Salvatore Property Group
Bought by
Pathak Shaily and Pathak Kishor
Seller's Agent
Pam Kersting
Intracoastal Realty Corp
Buyer's Agent
Demetria Padgett
eXp Realty
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,237
Avg. Annual Appreciation
12.27%
Original Mortgage
$292,800
Outstanding Balance
$270,613
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$58,434
Purchase Details
Closed on
Sep 1, 2017
Sold by
Licata Jerome and Hoffer Nancy
Bought by
Salvatore Property Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jul 13, 2016
Closed on
Oct 20, 2016
Sold by
Olivis Patricia Ann and The Estate Of Evangeline Johns
Bought by
Licata Jerome and Hoffer Nancy
Seller's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Amy Howell
River Town Realty Group
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.95%
Purchase Details
Closed on
May 1, 1982
Sold by
Debouse Early W
Bought by
Johnson Evangeline D
Purchase Details
Closed on
Aug 1, 1974
Bought by
Debouse Early W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pathak Shaily | $210,000 | None Available | |
| Salvatore Property Group Llc | -- | None Available | |
| Licata Jerome | $70,000 | None Available | |
| Johnson Evangeline D | -- | -- | |
| Debouse Early W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pathak Shaily | $292,800 | |
| Previous Owner | Salvatore Property Group Llc | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2021 11/02/21 | Sold | $210,000 | +5.0% | $172 / Sq Ft |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | For Sale | $200,000 | +185.7% | $164 / Sq Ft |
| 10/21/2016 10/21/16 | Sold | $70,000 | -30.0% | $61 / Sq Ft |
| 09/23/2016 09/23/16 | Pending | -- | -- | -- |
| 07/13/2016 07/13/16 | For Sale | $100,000 | -- | $88 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,549 | $178,100 | $71,100 | $107,000 |
| 2023 | $1,549 | $178,100 | $71,100 | $107,000 |
| 2022 | $1,514 | $178,100 | $71,100 | $107,000 |
| 2021 | $1,801 | $210,500 | $71,100 | $139,400 |
| 2020 | $1,270 | $120,600 | $68,700 | $51,900 |
| 2019 | $1,484 | $140,900 | $68,700 | $72,200 |
| 2018 | $1,484 | $140,900 | $68,700 | $72,200 |
| 2017 | $1,484 | $140,900 | $68,700 | $72,200 |
| 2016 | $1,324 | $119,500 | $86,400 | $33,100 |
| 2015 | $1,266 | $119,500 | $86,400 | $33,100 |
| 2014 | $1,212 | $119,500 | $86,400 | $33,100 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Kersting
-
Demetria Padgett
Buyer's Agent in 2021
Demetria Padgett
eXp Realty
(910) 299-6386
5 in this area
59 Total Sales
-
Tom Gale
Seller's Agent in 2016
Tom Gale
Coldwell Banker Sea Coast Advantage
(910) 541-1001
262 Total Sales
-
A
Buyer's Agent in 2016
Amy Howell
River Town Realty Group
Map
Source: Hive MLS
MLS Number: 100287043
APN: R05405-013-008-000
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