NOT LISTED FOR SALE

Estimated Value: $515,000

4 Beds
4 Baths
2,175 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $425,000 $195 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,722/month

386 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • 1 Fireplace
  • Covered Patio or Porch
  • Central Air

About This Home

As of March 2019

Updated Duplex(currently unit is a condominium class-with conversion options) with 2 bedrooms and 2 bathrooms each located near Historic Downtown Wilmington, Castle Street District, river front, restaurants, entertainment and downtown business center. This over/under unit layout has a very open floor plan. The back bedrooms serves as the master bedroom. The combination living/dining/kitchen gives works well with the access to the front porches. Both units have short term and long term rental history. There are 4 plus off-street parking spaces and additional land with great potential. Ideal location, close to all that historic downtown Wilmington has to offer. Live in one unit and rent the other or have two unit investment income.

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 01/09/2018

Intracoastal Realty Corp

Co-Listed By

Deb Hays

Intracoastal Realty Corp License #171415

Last Buyer's Agent

Steven Salemi

Berkshire Hathaway HomeServices Carolina Premier Properties License #277561

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 2003

Lot Details

  • 4,835 Sq Ft Lot
  • Lot Dimensions are 33x111x8x44x25x155
  • Wood Fence

Home Design

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

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Sunset Elementary School
  • Williston Middle School
  • Ashley High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05409-015-030-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 2003

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: 1st Floor, 2nd Floor
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors
  • Laundry Location: Room
  • List Price per Sq Ft: 202.30
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: Partial, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking Other See Remarks: Off Street Parking
  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Vent Hood, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • 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, Natural Gas Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 829.00
  • Lot Acres: 0.11
  • Lot Dimensions: 33x111x8x44x25x155
  • Lot Sq Ft: 4835.00
  • Lot Water Features: None
  • Zoning: R-3

Green Features

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

Tax Info

  • Tax Identifier: R05409-015-030-001
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 2670.00
  • Total Real Estate Property Taxes: 2670.00

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Sunset
  • High School: Ashley
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Mar 18, 2019
Sold by
Rodriguez Joe Ryan
Bought by
Hall Timothy S
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Steven Salemi
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$439,999
Sold Price
$425,000
Premium/Discount to List
-$14,999
-3.41%
Current Estimated Value
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,000
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Oct 21, 2009
Sold by
Zehringer Thomas J and Zehringer Kathryn A
Bought by
Davis Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2007
Sold by
Zehringer Thomas J and Zehringer Kathryn A
Bought by
Schaefer Kurt T and Schaefer Anita M

Purchase Details

Closed on
Jun 2, 2003
Sold by
Plantation Inc
Bought by
Zehringer Thomas J Kathryn A

Purchase Details

Closed on
Apr 25, 2003
Sold by
Plantation Inc
Bought by
Zehringer Thomas J Kathryn A

Purchase Details

Closed on
Dec 12, 2002
Sold by
Cape Fear Comm Found Se Nc Inc
Bought by
Plantation Inc

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hackeling Michael J Christine
Bought by
Cape Fear Community Foundation

Purchase Details

Closed on
Dec 1, 1995
Sold by
Realty Presentataion Inc
Bought by
Hackeling Michael J Christine
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
Hall Timothy S $425,000 None Available
Davis Paul $120,000 None Available
Schaefer Kurt T $200,000 None Available
Zehringer Thomas J Kathryn A -- --
Zehringer Thomas J Kathryn A $241,500 --
Plantation Inc $18,000 --
Cape Fear Community Foundation -- --
Hackeling Michael J Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Paul $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $425,000 -3.4% $195 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/08/2018 01/08/18 For Sale $439,999 -- $202 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100095389

Hive MLS

APN: R05409-015-030-000