NOT LISTED FOR SALE

Estimated Value: $424,000 - $543,676

5 Beds
2 Baths
2,184 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $250,000 $114 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,067/month

8 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Central Air
  • No HOA
  • Porch

About This Home

As of May 2019

Duplex Investment Property in Downtown Wilmington sold AS IS ... divided with Unit 1 Downstairs and Unit 2 Upstairs (with balcony and built in bar). Lovely front porch on a corner lot.

Last Agent to Sell the Property

James Branch

BlueCoast Realty Corporation Listed on: 03/22/2019

Co-Listed By

Dustin Tindall

BlueCoast Realty Corporation License #309814

Last Buyer's Agent

Jennifer Bullock Team

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1903

Lot Details

  • 2,113 Sq Ft Lot
  • Lot Dimensions are 31' x 66' x 31' x 66'
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R05405-037-011-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,764

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: Smoke Detectors
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 100.69
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 5

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Porch
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 970.00
  • Lot Acres: 0.05
  • Lot Description: Corner Lot
  • Lot Dimensions: 31' x 66' x 31' x 66'
  • Lot Number: 1
  • Lot Sq Ft: 2113.00
  • Special Assessments: None Aware of
  • Zoning: R-3

Tax Info

  • Tax Identifier: R05405-037-011-000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 1764.00

Multi Family

  • Number Total Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Creed Jeffrey A
Bought by
Shellreef Llc
Current Estimated Value
$522,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,250
Outstanding Balance
$404,131
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$53,115

Purchase Details

Closed on
May 11, 2022
Sold by
Julie Creed
Bought by
Creed Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,250
Outstanding Balance
$404,131
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$53,115

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 6, 2019
Sold by
Hill Construction Llc
Bought by
Creed Jeffrey A and Creed Daniel R
Seller's Agent
James Branch
BlueCoast Realty Corporation
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$219,900
Sold Price
$250,000
Premium/Discount to List
$30,100
13.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Sep 22, 2009
Sold by
Bigoness John and Bigoness Roxanne
Bought by
Hill Construction Llc

Purchase Details

Closed on
Mar 10, 2005
Sold by
Sintyago Sophia and Givens Major J
Bought by
Wells Warner Lee and Wells Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 4, 2004
Sold by
Waddell Lucille M
Bought by
Sintyago Sophia

Purchase Details

Closed on
Oct 10, 2001
Sold by
Farmer Ethel R
Bought by
Farmer Ethel R Hrs

Purchase Details

Closed on
Dec 28, 1972
Sold by
Freeman Sudie B
Bought by
Farmer Ethel R
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
Shellreef Llc -- Collins & Collins Law Offices
Creed Daniel R -- None Listed On Document
Creed Jeffrey A $25,000 None Available
Hill Construction Llc -- None Available
Bigoness John $29,250 None Available
Wells Warner Lee $100,000 None Available
Sintyago Sophia $39,000 --
Farmer Ethel R Hrs -- --
Waddell Lucille M -- --
Farmer Ethel R $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creed Daniel R $422,250
Closed Creed Daniel R $422,250
Previous Owner Creed Jaffrey A $179,200
Previous Owner Wells Warner Lee $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $250,000 +13.7% $114 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $219,900 -- $101 / 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
2024 $2,168 $249,200 $43,400 $205,800
2023 $2,106 $249,200 $43,400 $205,800
2022 $3,367 $249,200 $43,400 $205,800
2021 $2,133 $249,200 $43,400 $205,800
2020 $1,764 $167,500 $39,100 $128,400
2019 $1,764 $167,500 $39,100 $128,400
2018 $1,764 $167,500 $39,100 $128,400
2017 $1,764 $167,500 $39,100 $128,400
2016 $1,866 $168,400 $42,200 $126,200
2015 $1,783 $168,400 $42,200 $126,200
2014 $1,708 $168,400 $42,200 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100156275

Hive MLS

APN: R05405-037-011-000