Seller's Agent in 2022
Rushell Bongiorno
Coldwell Banker Sea Coast Advantage-Midtown
(910) 799-5531
1 in this area
136 Total Sales
518 S 3rd St Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated Value: $639,000 - $712,543
4
Beds
3
Baths
2,578
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Wood Flooring
- No HOA
- Deck
- 3 Fireplaces
- Covered Patio or Porch
About This Home
As of August 2022It's no secret that downtown Wilmington offers timeless character with horse drawn carriage rides, historic home tours and the USS North Carolina Battleship, so no better place to step back in time, than when you enter this unique 1923 historic home. The moment you step on the front porch you feel the charm it has to offer. Entering the front door, you are greeted with a magnificent staircase and exceptional qualities throughout the home! It is currently being offered as a duplex with downstairs providing 2 bedrooms and 1 bath and upstairs, 2 bedrooms and 2 baths. Each spacious unit offers large kitchens, living areas, 9' and 10' ceilings, large windows that flood the property with natural light, hardwood floors, exposed brick and 5 (non-functioning) but beautiful fireplaces, that offer unique character, taking you back to the feel of the 1900's. Each unit also features expansive decks, perfect for outside entertaining and off-street parking with a shared driveway. You could easily convert this home back into a spacious 2500-2600 single family home if desired. This home offers so many opportunities to be a perfect investment including a short walk to the Cape Fear River walk, restaurants, bars, shops and the Castle St Arts District! Come see it today!
Last Agent to Sell the Property
Coldwell Banker Sea Coast Advantage-Midtown License #206168 Listed on: 07/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,699
Year Built
- Built in 1923
Lot Details
- 7,275 Sq Ft Lot
- Lot Dimensions are 44 x 165 x 44 x 165
Parking
- On-Site Parking
Home Design
- Duplex
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3 Bathrooms
- 2-Story Property
- Ceiling height of 9 feet or more
- 3 Fireplaces
- Blinds
- Wood Flooring
- Crawl Space
- Second Kitchen
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Central Air
- Heat Pump System
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R05409-002-018-000
Community Details
Overview
- No Home Owners Association
- Historic District Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2022
Closed on
Aug 22, 2022
Sold by
Oneill Epp R
Bought by
Dalto Robert and Dalto Barbara
Seller's Agent
Rushell Bongiorno
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$588,000
Sold Price
$570,000
Premium/Discount to List
-$18,000
-3.06%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,636
Avg. Annual Appreciation
5.82%
Original Mortgage
$427,500
Outstanding Balance
$408,997
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$266,748
Purchase Details
Closed on
Sep 8, 2004
Sold by
Dealey Properties Inc
Bought by
Oneill Epp R
Purchase Details
Closed on
Aug 17, 1998
Sold by
Dealey O K Jr Peggy G
Bought by
Dealey Properties Inc
Purchase Details
Closed on
Jun 21, 1996
Sold by
Flaugher Steven M
Bought by
Dealey O K Peggy G
Purchase Details
Closed on
May 8, 1992
Sold by
Herring Iretta H
Bought by
Flaugher Steven M
Purchase Details
Closed on
Aug 1, 1954
Bought by
Herring Iretta H
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 |
|---|---|---|---|
| Dalto Robert | $570,000 | None Listed On Document | |
| Oneill Epp R | $287,000 | -- | |
| Dealey Properties Inc | -- | -- | |
| Dealey O K Peggy G | $135,000 | -- | |
| Flaugher Steven M | $74,500 | -- | |
| Herring Iretta H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dalto Robert | $427,500 | |
| Previous Owner | Neill Epp R O | $102,121 | |
| Previous Owner | Oneill Epp R | $131,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2022 08/29/22 | Sold | $570,000 | -3.1% | $221 / Sq Ft |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- |
| 07/03/2022 07/03/22 | For Sale | $588,000 | -- | $228 / 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 |
|---|---|---|---|---|
| 2023 | $2,744 | $315,400 | $81,400 | $234,000 |
| 2022 | $2,699 | $315,400 | $81,400 | $234,000 |
| 2021 | $2,699 | $315,400 | $81,400 | $234,000 |
| 2020 | $2,760 | $262,000 | $104,100 | $157,900 |
| 2019 | $2,760 | $262,000 | $104,100 | $157,900 |
| 2018 | $2,760 | $262,000 | $104,100 | $157,900 |
| 2017 | $2,760 | $262,000 | $104,100 | $157,900 |
| 2016 | $3,131 | $282,600 | $114,200 | $168,400 |
| 2015 | $2,993 | $282,600 | $114,200 | $168,400 |
| 2014 | $2,866 | $282,600 | $114,200 | $168,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rushell Bongiorno
-
Michelle Clark
M
Buyer's Agent in 2022
Michelle Clark
Intracoastal Realty Corp
(910) 367-9767
8 in this area
425 Total Sales
Map
Source: Hive MLS
MLS Number: 100337037
APN: R05409-002-018-000
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