NOT LISTED FOR SALE

Estimated Value: $652,000 - $772,274

4 Beds
4 Baths
2,508 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $615,000 $245 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,318/month

23 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Balcony
  • 2 Fireplaces
  • Fenced Yard
  • 3-minute walk to Dram Tree Park

About This Home

As of December 2021

Don't miss the unique opportunity to own a beautifully renovated duplex located in the heart of historic downtown Wilmington! These units are move-in ready and boast 2 beds / 1.5 baths, vaulted ceilings, hardwood floors, and brand new appliances. Enjoy countless hours of outdoor living with a private, fenced in back yard and multiple covered porches. Take a quick stroll along the easily accessible Cape Fear Riverfront and through all the shops, restaurants, and bars historic downtown has to offer! Great potential as an income property - live in one unit and rent out the other or purchase as an addition or start to your rental portfolio!

Last Agent to Sell the Property

Ally Jetter

Sterling Real Estate Group LLC License #317064 Listed on: 11/02/2021

Co-Listed By

Dawn Tyndall

Sterling Real Estate Group LLC License #266399

Last Buyer's Agent

Tiffany Williamson

Navigate Realty License #279179

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 132 x 33
  • Fenced Yard
  • Wood Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05409001006000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,727

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Attic Fan, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Interior Amenities: 9Ft+ Ceilings, Gas Logs, Smoke Detectors, Walk-in Shower, Wash/Dry Connect
  • Laundry Location: Closet
  • List Price per Sq Ft: 239.19
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 2508.00

Exterior Features

  • Exterior Features: Gas Logs, Mail on Site
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Other See Remarks: Off street parking
  • Parking Driveway: Paved, Street Only

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

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

Lot Info

  • Deed Book: 6433
  • Deed Page: 1507.00
  • Lot Acres: 0.11
  • Lot Dimensions: 132 x 33
  • Lot Sq Ft: 4792.00
  • Lot Water Features: None
  • Plat Book: 11
  • Plat Page: 11
  • Zoning: HD-R-HD-R

Rental Info

  • Pets: Possible

Tax Info

  • Tax Identifier: R05409001006000
  • Tax Year: 2021

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 28, 2021
Sold by
Bluestream Management Llc
Bought by
Garcia Leon and Garcia Rachel
Seller's Agent
Ally Jetter
Sterling Real Estate Group LLC
Buyer's Agent
Tiffany Williamson
Navigate Realty
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Current Estimated Value
$740,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,707
Avg. Annual Appreciation
4.27%
Original Mortgage
$461,250
Outstanding Balance
$429,418
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$285,188

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 5, 2021
Sold by
Vinny Inc
Bought by
Bluestream Management Llc
Seller's Agent
White Espinosa Singh Team
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Dawn Tyndall
Sterling Real Estate Group LLC
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.26%
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2020
Sold by
Walker Nina and Walker Steven Eugen
Bought by
Vinny Inc

Purchase Details

Closed on
Jan 28, 1999
Sold by
Snyder Stephen M Paula R
Bought by
Vanvan Drumpt Nina Van

Purchase Details

Closed on
Sep 1, 1988
Sold by
Mcleod Michael
Bought by
Snyder Stephen M Paula R

Purchase Details

Closed on
Oct 1, 1984
Sold by
Ingram F D
Bought by
Mcleod Michael

Purchase Details

Closed on
Jan 1, 1975
Bought by
Ingram F D
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
Garcia Leon $615,000 None Available
Bluestream Management Llc $315,000 None Available
Vinny Inc $245,000 None Available
Vanvan Drumpt Nina Van $222,000 --
Snyder Stephen M Paula R $100,000 --
Mcleod Michael $25,000 --
Ingram F D $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Leon $461,250
Previous Owner Bluestream Management Llc $340,000
Previous Owner Walker Nina E $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $615,000 +2.5% $245 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/23/2021 11/23/21 Price Changed $599,900 -4.0% $239 / Sq Ft
11/06/2021 11/06/21 For Sale $625,000 +98.4% $249 / Sq Ft
04/12/2021 04/12/21 Sold $315,000 -4.3% $130 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $329,000 -- $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
2023 $2,727 $313,400 $76,000 $237,400
2022 $2,664 $313,400 $76,000 $237,400
2021 $2,155 $251,800 $76,000 $175,800
2020 $3,434 $326,000 $90,600 $235,400
2019 $3,434 $326,000 $90,600 $235,400
2018 $3,434 $326,000 $90,600 $235,400
2017 $3,434 $326,000 $90,600 $235,400
2016 $2,583 $233,100 $111,400 $121,700
2015 $2,469 $233,100 $111,400 $121,700
2014 $2,364 $233,100 $111,400 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100298831

Hive MLS

APN: R05409-001-006-000