NOT LISTED FOR SALE

516 N 6th St Wilmington, NC 28401

Northside Neighborhood

Estimated Value: $497,959 - $569,000

5 Beds
4 Baths
2,498 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $337,000 $135 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,941/month

9 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Ceiling height of 9 feet or more
  • No HOA
  • Forced Air Zoned Cooling and Heating System
  • Wood Siding

About This Home

As of March 2021

Rare quadraplex investment opportunity in trendy Brooklyn Arts Center. All four units on separate utility meters. Close to heart of downtown & PPD. Rental market is red hot downtown. Price reflects some needed repairs & renovations. Sold as is.

Last Agent to Sell the Property

Heather Black

Coldwell Banker Sea Coast Advantage-Midtown License #263197 Listed on: 01/28/2021

Coldwell Banker Sea Coast Advantage-Midtown

Last Buyer's Agent

Basil Williams

Keller Williams Innovate-Wilmington License #295523

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1920

Lot Details

  • 5,227

Home Design

  • Quadruplex
  • Raised Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Parking

  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number R04813026003000

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Flooring: Laminate, Wood
  • Interior Amenities: 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 130.10
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 5
  • Total Heated Sq Ft: 2498.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Raised
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Parking Driveway: Off Street, On Site, Shared

Utilities

  • Appliances Equipment: Stove/Oven - Electric
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5579
  • Deed Page: 1171.00
  • Lot Acres: 0.12
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 5227.00
  • Lot Water Features: None
  • Zoning: R-3

Rental Info

  • Rental Income Gross Rental Income: 3300.00
  • Pets: No

Tax Info

  • Tax Identifier: R04813026003000
  • Tax Year: 2020

Multi Family

  • Number Total Units: 4

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Virgo
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 12, 2021
Sold by
Hernandez Cindy and Hernandez Eduardo
Bought by
Schroeder Geoffrey
Seller's Agent
Heather Black
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Basil Williams
Keller Williams Innovate-Wilmington
List Price
$325,000
Sold Price
$337,000
Premium/Discount to List
$12,000
3.69%
Current Estimated Value
$518,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,990
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 22, 2017
Sold by
Hill Construction Llc
Bought by
Hernandez Cyndi
Seller's Agent
Bob McCorkle
Intracoastal Realty Corp
Buyer's Agent
Bob McCorkle
Intracoastal Realty Corp
List Price
$235,000
Sold Price
$257,000
Premium/Discount to List
$22,000
9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$192,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2011
Sold by
Suntrust Bank
Bought by
Hill Construction Llc

Purchase Details

Closed on
Mar 22, 2011
Sold by
Massey Morris L and Massey Jacqueline M
Bought by
Suntrust Bank

Purchase Details

Closed on
Aug 28, 2003
Sold by
Boyd William
Bought by
Massey Morris L Sr Jacqueline

Purchase Details

Closed on
Dec 1, 1980
Sold by
St Stephens Church
Bought by
Boyd William
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
Schroeder Geoffrey $337,000 None Available
Schroeder Geoffrey $337,000 None Listed On Document
Hernandez Cyndi $257,000 None Available
Hill Construction Llc $73,000 None Available
Suntrust Bank $160,000 None Available
Massey Morris L Sr Jacqueline $68,000 --
Boyd William $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Cyndi $192,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $337,000 +3.7% $135 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $325,000 +26.5% $130 / Sq Ft
05/24/2017 05/24/17 Sold $257,000 +9.4% $95 / Sq Ft View Prior Sale
04/07/2017 04/07/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $235,000 -- $87 / 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
2025 $2,272 $473,300 $121,600 $351,700
2024 $2,272 $261,100 $47,100 $214,000
2023 $2,272 $261,100 $47,100 $214,000
2022 $2,219 $261,100 $47,100 $214,000
2021 $1,392 $162,600 $47,100 $115,500
2020 $1,397 $132,600 $31,200 $101,400
2019 $1,397 $132,600 $31,200 $101,400
2018 $1,397 $132,600 $31,200 $101,400
2017 $1,397 $132,600 $31,200 $101,400
2016 $1,448 $130,700 $26,600 $104,100
2015 $1,384 $130,700 $26,600 $104,100
2014 $1,325 $130,700 $26,600 $104,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Heather Black

    Coldwell Banker Sea Coast Advantage-Midtown

    (910) 799-5531

    2 in this area

    17 Total Sales

    Heather Black
    Section Image

  • B

    Buyer's Agent in 2021

    Basil Williams

    Keller Williams Innovate-Wilmington

    (910) 319-9383

    16 in this area

    127 Total Sales

    Basil Williams
    Section Image

  • B

    Seller's Agent in 2017

    Bob McCorkle

    Intracoastal Realty Corp

    (910) 256-4503

    3 in this area

    103 Total Sales

    Bob McCorkle
    Section Image
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Map

Source: Hive MLS

MLS Number: 100255003

Hive MLS

APN: R04813-026-003-000

North Carolina New Hanover County Wilmington 28401 Northside

516 N 6th St, Wilmington, NC

This home is located at 516 N 6th St, Wilmington, NC 28401 since 28 January 2021 and is currently estimated at $518,990, approximately $207 per square foot. This property was built in 1920. 516 N 6th St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover 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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