NOT LISTED FOR SALE

Estimated Value: $403,000

2 Beds
2 Baths
860 Sq Ft
$469/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $275,000 $320 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,533/month

1 Day on Market

Highlights

  • Water Views
  • Deck
  • No HOA
  • Roland-Grise Middle School Rated A-
  • Wood Flooring
  • Combination Dining and Living Room

About This Home

As of July 2019

Nestled on a high bluff sits this rustic duplex is currently rented for $1700+ per month, but the value is in this one-of-a-kind creek front lot where you can build your own dream home overlooking the tranquil setting that is Hewlett's Creek. Great schools, close to shopping and beaches. Allow the rental income to continue while you draw up your dream home! These lots are few and far between. Take action now.

Last Agent to Sell the Property

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202 Listed on: 06/08/2019

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Jennifer Bullock Team

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,231

Year Built

  • Built in 1967

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 97x253x81x600
  • Property fronts a marsh
  • Street terminates at a dead end

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Combination Dining and Living Room
  • Water Views
  • Attic Access Panel

Flooring

  • Wood
  • Vinyl

Parking

  • Dirt Driveway
  • Paved Parking

Outdoor Features

  • Deck

Schools

  • Bradley Creek Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tree Hill Point Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R06213-006-019-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,231

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1967
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Vinyl, Wood
  • Interior Amenities: None
  • List Price per Sq Ft: 323.53
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 2

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: No Frontage, Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes
  • Pool Spa: None

Garage/Parking

  • Parking Driveway: Dirt, Paved

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 605.00
  • Lot Acres: 0.53
  • Lot Description: Dead End
  • Lot Dimensions: 97x253x81x600
  • Lot Number: 3
  • Lot Sq Ft: 22913.00
  • Zoning: R-15
  • Lot View Type: Marsh View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R06213-006-019-000
  • Tax Year: 2018

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Bradley Creek
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Momentum Holdings Llc
Bought by
Momentum Holdings Llc
Current Estimated Value
$403,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,678,512
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 11, 2021
Sold by
Nathan H Holdings Llc
Bought by
Momentum Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,678,512
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 8, 2019
Closed on
Jul 18, 2019
Sold by
Leber Todd S
Bought by
Nathan H Holdings Llc
Seller's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2014
Sold by
Leber Jody C
Bought by
Leber Todd S

Purchase Details

Closed on
Apr 23, 2004
Sold by
Stoycos Michael G
Bought by
Leber Todd S
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
Momentum Holdings Llc -- None Available
Momentum Holdings Llc $725,000 None Available
Nathan H Holdings Llc $425,000 None Available
Leber Todd S -- None Available
Leber Todd S $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Momentum Holdings Llc $3,000,000
Previous Owner Nathan H Holdings Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $275,000 0.0% $320 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
06/08/2019 06/08/19 For Sale $275,000 -- $320 / 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
2021 $1,231 $143,800 $108,600 $35,200
2020 $2,335 $221,700 $180,400 $41,300
2019 $2,335 $221,700 $180,400 $41,300
2018 $2,335 $221,700 $180,400 $41,300
2017 $2,335 $221,700 $180,400 $41,300
2016 $1,394 $125,800 $81,800 $44,000
2015 $1,332 $125,800 $81,800 $44,000
2014 $1,276 $125,800 $81,800 $44,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100169704

Hive MLS

APN: R06213-006-019-000