NOT LISTED FOR SALE

Estimated Value: $217,968 - $522,000

3 Beds
3 Baths
1,406 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $130,000 $92 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,960/month

73 Days on Market

Highlights

  • No HOA
  • Formal Dining Room
  • Accessible Approach with Ramp
  • John T. Hoggard High School Rated A
  • Patio
  • Accessible Hallway

About This Home

As of August 2019

One of the few triplexes in Wilmington, NC and your chance to own a cash-flow machine! Two tenants pay $550 and one tenant paying $500. Entire structure is being rented. Property could also make a great value add.

Last Agent to Sell the Property

Teddy Smith

Coldwell Banker Sea Coast Advantage-Midtown License #288144 Listed on: 04/17/2019

Last Buyer's Agent

Sherri Ingle

Intracoastal Realty Corp

Intracoastal Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $767

Year Built

  • Built in 1987

Lot Details

  • 6,996 Sq Ft Lot
  • Lot Dimensions are 66'x132'x88'x44'
  • Wood Fence

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 1-Story Property
  • Formal Dining Room
  • Laminate Flooring

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Hallway
  • Accessible Approach with Ramp

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05409-021-012-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$767

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Concrete
  • Handicap Accessible: Accessible Approach with Ramp, Hallways
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Laminate
  • Interior Amenities: None
  • Laundry Location: None
  • List Price per Sq Ft: 99.57
  • Total Bathrooms: 3.00
  • Number Bedrooms Total: 3

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Maintained
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: None
  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Baseboard, None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 774.00
  • Lot Acres: 0.16
  • Lot Dimensions: 66'x132'x88'x44'
  • Lot Sq Ft: 6996.00
  • Lot Water Features: None
  • Zoning: R-3

Rental Info

  • Rental Income Gross Rental Income: 19200.00

Tax Info

  • Tax Identifier: R05409-021-012-000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 767.00
  • Total Real Estate Property Taxes: 767.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 5, 2019
Sold by
Ridenour William L and Ridenour Cheryl A
Bought by
Blue Dock Llc
Seller's Agent
Teddy Smith
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$144,000
Sold Price
$130,000
Premium/Discount to List
-$14,000
-9.72%
Current Estimated Value
$343,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,992
Avg. Annual Appreciation
16.62%
Original Mortgage
$96,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Royston Thomas G
Bought by
Ridenour William L Cheryl A

Purchase Details

Closed on
Jan 22, 2003
Sold by
Goodman Tracie
Bought by
Royston Thomas G

Purchase Details

Closed on
Feb 27, 2002
Sold by
Mcgee Dwayne Alice F Brown
Bought by
Goodman Tracie

Purchase Details

Closed on
Nov 19, 1999
Sold by
Mcgee William H
Bought by
Mcgee Dwayne

Purchase Details

Closed on
Nov 10, 1999
Sold by
Mcgee William H
Bought by
Mcgee William H Hrs

Purchase Details

Closed on
Jan 1, 1999
Sold by
Mcgee Ruby
Bought by
Mcgee William H

Purchase Details

Closed on
Aug 1, 1978
Bought by
Mcgee William H Ruby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blue Dock Llc $125,000 None Available
Ridenour William L Cheryl A $35,000 --
Royston Thomas G $30,000 --
Goodman Tracie -- --
Mcgee Dwayne -- --
Mcgee William H Hrs -- --
Mcgee William H -- --
Mcgee William H Ruby $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Blue Dock Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $130,000 -9.7% $92 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $144,000 -- $102 / 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 $1,807 $307,100 $74,600 $232,500
2024 $1,682 $193,300 $39,800 $153,500
2023 $1,633 $193,300 $39,800 $153,500
2022 $1,643 $193,300 $39,800 $153,500
2021 $1,654 $193,300 $39,800 $153,500
2020 $856 $81,300 $13,600 $67,700
2019 $856 $81,300 $13,600 $67,700
2018 $856 $81,300 $13,600 $67,700
2017 $856 $81,300 $13,600 $67,700
2016 $767 $69,200 $21,700 $47,500
2015 $733 $69,200 $21,700 $47,500
2014 $702 $69,200 $21,700 $47,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100160798

Hive MLS

APN: R05409-021-012-000