NOT LISTED FOR SALE

705 Walnut St Wilmington, NC 28401

Hemenway Neighborhood

Estimated Value: $52,582 - $369,000

0.05 Acre
$4,215,820 Price per Acre
2,178 Sq Ft Lot

Last Sold March 29, 2017

Last sale price $25,000

Est. 743% increase in value since last sale

Current estimated payment $1,329/month

210 Days on Market

About This Lot

As of March 2017

One of the last few lots available in the Historic District. Historic Preservation and Planning must approve plan and details. Must meet Historic Society of Wilmington rules.

Last Agent to Sell the Property

Rushell Bongiorno

Coldwell Banker Sea Coast Advantage-Midtown License #206168 Listed on: 07/27/2016

Coldwell Banker Sea Coast Advantage-Midtown

Last Buyer's Agent

Brigitte Simone

Intracoastal Realty Corp License #284473

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 33x63
  • Cleared Lot
  • Property is zoned HD-R

Home Design

  • Mixed Use

Schools

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

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04813-036-008-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Mixed Use
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 33

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available, Municipal Water

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 5794
  • Deed Page: 377.00
  • Lot Dimensions: 33x63
  • Lot Sq Ft: 2178.00
  • Zoning: HD-R
  • Acres: 0.05
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 560000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: R04813-036-008-000
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
May 19, 2017
Sold by
Hendy Michael James
Bought by
Hendy Michael James and Simone Brigitte D
Seller's Agent
Rushell Bongiorno
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Brigitte Simone
Intracoastal Realty Corp
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%
Current Estimated Value
$210,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,791
Avg. Annual Appreciation
28.32%

Purchase Details

Listed on
Jul 27, 2016
Closed on
Mar 28, 2017
Sold by
Mahalal Yaniv and Mahalal Merav
Bought by
Hendy Michael James
Seller's Agent
Rushell Bongiorno
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Brigitte Simone
Intracoastal Realty Corp
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Smith Harry R and Smith Nancy J
Bought by
Mahalal Yaniv and Mahalal Merav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2014
Sold by
Beck James L and Beck Christine N
Bought by
Smith Harry R and Smith Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2014
Sold by
Stevens Carvin D and Stevens Dermetta A
Bought by
The Historic Preservation Foundation Of

Purchase Details

Closed on
Dec 29, 1988
Sold by
Smith Alfred R
Bought by
Smith Margaret S

Purchase Details

Closed on
Jul 1, 1979
Sold by
Lofton James Shaw Helen
Bought by
Smith Alfred R Margaret S

Purchase Details

Closed on
Sep 1, 1974
Sold by
Gummer Eliza Jane
Bought by
Lofton James Shaw
Source: Public Records

Range of Values:

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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
Hendy Michael James -- None Available
Hendy Michael James $25,000 None Available
Mahalal Yaniv -- None Available
Smith Harry R $65,000 None Available
The Historic Preservation Foundation Of $70,000 None Available
Smith Margaret S -- --
Smith Alfred R Margaret S -- --
Lofton James Shaw -- --
Gummer Eliza Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Harry R $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2017 03/29/17 Sold $25,000 -16.7% --
02/22/2017 02/22/17 Pending -- -- --
07/27/2016 07/27/16 For Sale $30,000 -- --
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 -- $93,200 $93,200 $0
2023 -- $37,900 $37,900 $0
2022 $0 $37,900 $37,900 $0
2021 $0 $37,900 $37,900 $0
2020 $293 $27,800 $27,800 $0
2019 $293 $27,800 $27,800 $0
2018 $0 $27,800 $27,800 $0
2017 $293 $27,800 $27,800 $0
2016 $473 $42,700 $42,700 $0
2015 $452 $42,700 $42,700 $0
2014 -- $42,700 $42,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Rushell Bongiorno

    Seller's Agent in 2017

    Rushell Bongiorno

    Coldwell Banker Sea Coast Advantage-Midtown

    (910) 799-5531

    135 Total Sales

    Rushell Bongiorno
    Section Image
  • Brigitte Simone

    Buyer's Agent in 2017

    Brigitte Simone

    Intracoastal Realty Corp

    (910) 458-2001

    135 Total Sales

    Brigitte Simone
    Section Image
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Map

Source: Hive MLS

MLS Number: 100022996

Hive MLS

APN: R04813-036-008-000

North Carolina New Hanover County Wilmington 28401 Hemenway

705 Walnut St, Wilmington, NC

This home is located at 705 Walnut St, Wilmington, NC 28401 since 27 July 2016 and is currently estimated at $210,791. 705 Walnut St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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