$62,000
SOLD SEP 4, 2015
3 Beds
1 Bath
1,100 Sq Ft
9,801 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

11% Below List Price

158 Days on Market

Highlights

  • 0.23 Acre Lot
  • Fenced Yard
  • Combination Dining and Living Room
  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Portia Mills Hines Park

About This Home

As of June 2022

An investors jewel. This well taken care of brick bungalow also comes with a vacant lot next door that is buildable. This listing is for 515 N. 11th Street and 517 N. 11th street and seller is only selling them together as a package. But what a great opportunity to either live in the home and build another next door for rental or build and have two rental homes next to each other. The home sits on an oversized lot that is fully fenced in. This cute home has so much potential. It is located on the popular northside of downtown, and is just minutes from the airport, studios and downtown area attractions. Take a close look at the lot dimensions. A standard city lot is 33 feet by 99 feet. The home sits on 66 by 99 and the other lot is 33 x 99. Buyer to verify square footage.

Last Agent to Sell the Property

Tina Abraham

Coldwell Banker Sea Coast Advantage Listed on: 03/05/2015

Last Buyer's Agent

Todd Toconis

Town & Country Real Estate License #123283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1963

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 99x165x99x165
  • Fenced Yard
  • Property is Fully Fenced
  • Chain Link Fence
  • Property is zoned R-3

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,103

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Both Stk Blt & Mod
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 59.09
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1100.00
  • Total Heated Primary Separate Sq Ft: 1100.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Fencing: Back Yard, Full, Chain Link
  • Foundation: Crawl Space
  • Road Type Frontage: Paved
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Carport

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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Sidewalk

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1402.00
  • Lot Acres: 0.23
  • Lot Dimensions: 99x165x99x165
  • Lot Sq Ft: 9801.00
  • Zoning: R-3

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 6, 2022
Sold by
Voch Properties Llc
Bought by
Raville Christopher
Seller's Agent
Marian Wright
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$268,000
Sold Price
$255,000
Premium/Discount to List
-$13,000
-4.85%
Current Estimated Value
$296,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,359
Avg. Annual Appreciation
2.79%
Original Mortgage
$257,000
Outstanding Balance
$243,472
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$35,531

Purchase Details

Closed on
Nov 16, 2017
Sold by
Metro Properties Of Wilmington Llc
Bought by
Voch Properties Llc

Purchase Details

Listed on
Mar 5, 2015
Closed on
Aug 28, 2015
Sold by
Mcneil Doris Mckoy
Bought by
Metro Properties Of Wilmington Llc
Seller's Agent
Tina Abraham
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Todd Toconis
Town & Country Real Estate
List Price
$70,000
Sold Price
$62,000
Premium/Discount to List
-$8,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$50,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2007
Sold by
Hairton Joyce Vernetta and Brown Larry Reginald
Bought by
Mcneil Doris Mckoy

Purchase Details

Closed on
Aug 2, 2005
Sold by
Mcneil Doris Mckoy
Bought by
Hairston Joyce Vernetta and Brown Larry Reginald

Purchase Details

Closed on
Apr 8, 2003
Sold by
Mcneil Robert D
Bought by
Mcneil Doris

Purchase Details

Closed on
Jan 1, 1973
Sold by
Atkinson Anna Pearl William H
Bought by
Mcneil Robert D Doris
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 Type Sale Price Title Company
Warranty Deed $255,000 None Listed On Document
Warranty Deed $105,000 None Available
Warranty Deed $62,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed -- None Available
Deed -- --
Deed $16,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $257,000 New Conventional
Previous Owner $50,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $255,000 +2.0% $232 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $250,000 -6.7% $227 / Sq Ft
03/11/2022 03/11/22 For Sale $268,000 +332.3% $244 / Sq Ft
09/04/2015 09/04/15 Sold $62,000 -11.4% $56 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $70,000 -- $64 / 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 $1,103 $126,800 $34,700 $92,100
2022 $1,078 $126,800 $34,700 $92,100
2021 $1,085 $126,800 $34,700 $92,100
2020 $780 $74,000 $31,200 $42,800
2019 $780 $74,000 $31,200 $42,800
2018 $0 $74,000 $31,200 $42,800
2017 $780 $74,000 $31,200 $42,800
2016 $1,065 $96,100 $30,600 $65,500
2015 $1,018 $96,100 $30,600 $65,500
2014 $974 $96,100 $30,600 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30518647

Hive MLS

APN: R04814-012-019-000