NOT LISTED FOR SALE

Estimated Value: $328,391 - $351,000

3 Beds
1 Bath
1,127 Sq Ft
$303/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $260,000 $231 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,933/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • 1 Fireplace
  • Separate Outdoor Workshop
  • Screened Patio

About This Home

As of November 2021

Have you been looking for that perfect cottage close to downtown Wilmington? Now you have found it at 515 Thomas Avenue. Whether you are looking for your personal home or an incredible investment property this is the perfect spot located just minutes to all of the shopping, restaurants, and nightlife in downtown Wilmington. This home features hardwood floors throughout, granite countertops, and stainless steel appliances including a natural gas range. New windows were installed in 2019 for better energy efficiency along with a new fence for the large back yard. There is even a detached garage building that has access to power. An existing home warranty transfers with this property for added peace of mind.

Last Agent to Sell the Property

Team Thirty 4 North

Coldwell Banker Sea Coast Advantage Listed on: 10/07/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Shane Register Team

Coldwell Banker Sea Coast Advantage-Midtown

Coldwell Banker Sea Coast Advantage-Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150x60x150
  • Property is zoned R-10

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,127 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Gas Oven
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Princess Place Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number R04811-004-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 230.61
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1127.00
  • Total Heated Primary Separate Sq Ft: 1127.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Workshop
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Gas
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks, Sidewalk

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 180.00
  • Lot Acres: 0.21
  • Lot Dimensions: 60X150X60X150
  • Lot Number: 16
  • Lot Sq Ft: 9148.00
  • Lot Water Features: None
  • Plat Book: 5153
  • Plat Page: 2981
  • Zoning: R-10

Tax Info

  • Tax Identifier: R04811-004-002-000
  • Tax Year: 2021

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 16, 2021
Sold by
Henry Jocelyn M and Harrington Tyler Thomas
Bought by
Flowers Bianca Sky
Seller's Agent
Team Thirty 4 North
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Shane Register Team
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$341,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,598
Avg. Annual Appreciation
7.31%
Original Mortgage
$252,200
Outstanding Balance
$231,098
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$110,500

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 24, 2017
Sold by
Fortuin John and Fortuin Angie
Bought by
Henry Jocelyn M
Seller's Agent
Jimmy Hopkins
Intracoastal Realty Corp
Buyer's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$140,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2011
Closed on
Jan 24, 2012
Sold by
Marcinkiewicz Todd R and Marcinkiewicz Suzanne M
Bought by
Fortuin John and Fortuin Angie
Seller's Agent
Betsy Leonard
Intracoastal Realty Corp
Buyer's Agent
Andrew Kelly
Intracoastal Realty Corp
List Price
$159,000
Sold Price
$124,000
Premium/Discount to List
-$35,000
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$124,000
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2007
Sold by
Keane Daniel and Keane Kathleen Irene
Bought by
Marcinkiewicz Todd R and Marcinkiewicz Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Smith Richard
Bought by
Keane Danny

Purchase Details

Closed on
Jul 9, 2004
Sold by
White Jr Julia P Benton Grier
Bought by
Smith Richard

Purchase Details

Closed on
Jan 2, 2004
Sold by
Palmer Julia P
Bought by
White Julia P

Purchase Details

Closed on
Mar 21, 1970
Sold by
Palmer William H
Bought by
Palmer Julia P

Purchase Details

Closed on
Aug 29, 1951
Sold by
Bissette Samuel D Ruby R
Bought by
Palmer William H Julia P
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
Flowers Bianca Sky $260,000 None Available
Henry Jocelyn M $175,000 None Available
Fortuin John $124,000 None Available
Marcinkiewicz Todd R $154,000 None Available
Keane Danny $125,000 --
Smith Richard $88,000 --
White Julia P -- --
Palmer Julia P Hrs -- --
Palmer Julia P -- --
Palmer William H Julia P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Bianca Sky $252,200
Previous Owner Henry Jocelyn M $140,000
Previous Owner Fortuin John $124,000
Previous Owner Marcinkiewicz Todd R $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $260,000 0.0% $231 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $259,900 +48.5% $231 / Sq Ft
07/27/2017 07/27/17 Sold $175,000 -2.7% $155 / Sq Ft View Prior Sale
06/24/2017 06/24/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $179,900 +45.1% $159 / Sq Ft
01/27/2012 01/27/12 Sold $124,000 -22.0% $110 / Sq Ft View Prior Sale
01/13/2012 01/13/12 Pending -- -- --
03/07/2011 03/07/11 For Sale $159,000 -- $141 / 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 $1,451 $166,800 $60,700 $106,100
2022 $1,418 $166,800 $60,700 $106,100
2021 $1,427 $166,800 $60,700 $106,100
2020 $1,319 $125,200 $35,800 $89,400
2019 $1,319 $125,200 $35,800 $89,400
2018 $1,319 $125,200 $35,800 $89,400
2017 $1,319 $125,200 $35,800 $89,400
2016 $1,265 $114,200 $36,000 $78,200
2015 $1,209 $114,200 $36,000 $78,200
2014 $1,158 $114,200 $36,000 $78,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100294049

Hive MLS

APN: R04811-004-002-000