NOT LISTED FOR SALE

Estimated Value: $441,000 - $550,000

3 Beds
3 Baths
2,319 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $174,000 $75 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,818/month

103 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of January 2014

This majestic older home is located in the heart of historic downtown Wilmington and is walking distance to the restaurants and shops. Go for a jog along the river walk, watch the fireworks on July 4th from your front porch, catch some rays on the back sun deck, or in the winter months, curl up with a good book in front of the fireplace. Freshly painted and move-in ready. This property is eligible under the Freddie Mac First Look Initiative through 9/10/2013.Owner Occupants only can submit offers during this time.

Last Agent to Sell the Property

Jack Gale

Coldwell Banker Sea Coast Advantage License #197250 Listed on: 08/23/2013

Coldwell Banker Sea Coast Advantage

Co-Listed By

Tom Gale

Coldwell Banker Sea Coast Advantage License #242825

Last Buyer's Agent

Emily McKibbin

Live Oak Real Estate License #273747

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x99x50x99
  • Fenced Yard

Home Design

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

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Historic District Subdivision

Listing and Financial Details

  • Tax Lot 7015

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Basement
  • Year Built: 1920
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • List Price per Sq Ft: 77.58
  • Total Heated Sq Ft: 2319.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Pool Spa: None

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Washer
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA and Neighborhood Amenities: Sidewalk

Lot Info

  • Deed Book: 5732
  • Deed Page: 1157.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x99x50x99
  • Lot Number: 7015
  • Lot Sq Ft: 4792.00
  • Zoning: HD-R

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
Dec 26, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Franzidis Alexia F
Seller's Agent
Jack Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Emily McKibbin
Live Oak Real Estate
List Price
$204,900
Sold Price
$174,000
Premium/Discount to List
-$30,900
-15.08%
Current Estimated Value
$500,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,946
Avg. Annual Appreciation
9.26%
Original Mortgage
$156,600
Outstanding Balance
$118,283
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$382,663

Purchase Details

Closed on
Apr 25, 2013
Sold by
Ringross Colleen Maureen and Ringrose Colleen Maureen
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 15, 2002
Sold by
Union Planters Bank National
Bought by
Ringross Colleen Maureen

Purchase Details

Closed on
Sep 18, 2001
Sold by
Ells Elizabeth B Sub Trustee
Bought by
Union Planters Bank National

Purchase Details

Closed on
Apr 16, 1998
Sold by
Snead Mary E
Bought by
Snead Walter Lee

Purchase Details

Closed on
Sep 12, 1990
Sold by
Snead Mary E
Bought by
Snead Mary E

Purchase Details

Closed on
Apr 1, 1945
Bought by
Snead W H Mary E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Franzidis Alexia F -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corporation -- None Available
Ringross Colleen Maureen $52,500 --
Union Planters Bank National $138,000 --
Snead Walter Lee -- --
Snead Mary E -- --
Snead W H Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzidis Alexia F $156,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $174,000 -15.1% $75 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $204,900 -- $88 / 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 $2,229 $378,700 $96,000 $282,700
2023 $2,101 $241,500 $52,200 $189,300
2022 $2,053 $241,500 $52,200 $189,300
2021 $2,067 $241,500 $52,200 $189,300
2020 $1,553 $147,400 $31,600 $115,800
2019 $1,553 $147,400 $31,600 $115,800
2018 $1,553 $147,400 $31,600 $115,800
2017 $1,553 $147,400 $31,600 $115,800
2016 $1,948 $175,800 $45,300 $130,500
2015 $1,862 $175,800 $45,300 $130,500
2014 $1,783 $175,800 $45,300 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30495658

Hive MLS

APN: R04813-035-008-000