Seller's Agent in 2022
Jonathan Barfield
Barfield & Associates Realty
(910) 233-8780
1 in this area
32 Total Sales
516 Princess St Wilmington, NC 28401
Hemenway Neighborhood
3
Beds
1.5
Baths
1,980
Sq Ft
7,797
Sq Ft Lot
Highlights
- 0.18 Acre Lot
- 3 Fireplaces
- Covered Patio or Porch
- Wood Flooring
- No HOA
- 5-minute walk to Innes Park
About This Home
As of July 2022Rare find in Historic Downtown Wilmington The Manning-Toon House Circa 1870 , Historic home most recently used as a 4 plus office building with receptionist area, conference room, possible kitchen and lots of storage. According to the City of Wilmington Planning Department all that's needed to return to a residential use is a building permit for any internal changes such as kitchens and baths . This property sits high and has rear parking with deeded rear access. Currently used as a law office, this property is just two short blocks from the New Hanover county Court House. the office space has 1 1/2 baths. There was a new metal roof installed in 2019, and the HVAC system has been replaced in the last few years.
Last Agent to Sell the Property
Barfield & Associates Realty License #185639 Listed on: 06/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,859
Year Built
- Built in 1870
Lot Details
- 7,797 Sq Ft Lot
- Lot Dimensions are 38x71x12x94x50x165
- Property fronts an alley
- Wood Fence
- Property is zoned HD
Home Design
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,980 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- 3 Fireplaces
- Attic Access Panel
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Partial Basement
- Crawl Space
Parking
- On-Site Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Additional Features
- Energy-Efficient HVAC
- Covered Patio or Porch
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number R04817-029-010-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2022
Sold by
Lucas Kathy H and Lucas James A
Bought by
Sushi Is Me Llc
Purchase Details
Listed on
Jun 13, 2022
Closed on
Jul 28, 2022
Sold by
Russell Davis Jr and Russell Regina F
Bought by
Lucas Kathy and Bailey Catherine R
Seller's Agent
Jonathan Barfield
Barfield & Associates Realty
Buyer's Agent
Jeremiah Barnett
Keller Williams Innovate-Wilmington
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2017
Sold by
Davis Russell
Bought by
Davis Russell and Floyd Davis Regina
Purchase Details
Closed on
Dec 16, 2010
Sold by
Jackson Bruce H
Bought by
Locklear Cynthia and Locklear Maurice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,100
Interest Rate
4.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 1985
Sold by
Anderson Frederick D
Bought by
Davis Russell
Purchase Details
Closed on
Feb 1, 1985
Sold by
Davis Russell
Bought by
Davis Russell
Purchase Details
Closed on
Jun 1, 1983
Sold by
Anderson Frederick D
Bought by
Anderson Frederick D
Purchase Details
Closed on
Apr 1, 1983
Sold by
Heilig Margaret T
Bought by
Anderson Frederick D
Purchase Details
Closed on
Jul 1, 1973
Bought by
Heilig Margaret T
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 |
|---|---|---|---|
| Sushi Is Me Llc | -- | -- | |
| Lucas Kathy | $440,000 | Hatch Little & Bunn Llp | |
| Davis Russell | -- | None Available | |
| Locklear Cynthia | $378,000 | None Available | |
| Davis Russell | -- | -- | |
| Davis Russell | $50,000 | -- | |
| Anderson Frederick D | -- | -- | |
| Anderson Frederick D | $55,000 | -- | |
| Heilig Margaret T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lucas Kathy | $330,000 | |
| Previous Owner | Locklear Cynthia | $341,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $440,000 | -2.2% | $222 / Sq Ft |
| 06/29/2022 06/29/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $450,000 | -- | $227 / 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 |
|---|---|---|---|---|
| 2025 | $2,907 | $642,000 | $269,200 | $372,800 |
| 2024 | $2,907 | $334,100 | $139,100 | $195,000 |
| 2023 | $2,823 | $334,100 | $139,100 | $195,000 |
| 2022 | $2,859 | $334,100 | $139,100 | $195,000 |
| 2021 | $2,859 | $334,100 | $139,100 | $195,000 |
| 2020 | $2,576 | $244,500 | $114,500 | $130,000 |
| 2019 | $2,576 | $244,500 | $114,500 | $130,000 |
| 2018 | $1,288 | $244,500 | $114,500 | $130,000 |
| 2017 | $2,576 | $244,500 | $114,500 | $130,000 |
| 2016 | $2,743 | $247,600 | $114,500 | $133,100 |
| 2015 | $2,622 | $247,600 | $114,500 | $133,100 |
| 2014 | $2,511 | $247,600 | $114,500 | $133,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Barfield
-
Jeremiah Barnett
Buyer's Agent in 2022
Jeremiah Barnett
Keller Williams Innovate-Wilmington
(910) 262-8222
4 in this area
193 Total Sales
Map
Source: Hive MLS
MLS Number: 100333251
APN: R04817-029-010-000
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