NOT LISTED FOR SALE

Estimated Value: $345,457 - $385,000

2 Beds
2 Baths
976 Sq Ft
$238/mo HOA Fee

Last Sold November 17, 2017

Last sale price $173,535 $178 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,652/month

203 Days on Market

Highlights

  • Central Air
  • Carpet
  • Maintained Community
  • Combination Dining and Living Room
  • Heat Pump System

About This Home

As of November 2017

Presented for sale is a stylish two bedroom two bathroom condo in the Mercantile located in the Brooklyn Arts District, one of the hottest and more affordable neighborhoods in Wilmington. Brooklyn Arts District is ideal for those looking for a neighborhood feel surrounded by hip restaurants, craft breweries, wine bars, parks and walking distance to the new marina district, Wilson Center and downtown. This condo has been well maintained featuring hardwood style tile flooring throughout the common rooms & carpet in the bedrooms. The master suite features double closets and a spacious master bathroom. The kitchen has new stainless steel appliances, breakfast bar and plenty of cabinetry. This unit is a ground floor unit so you have a private entrance and no stairs! Newer HVAC and appliances.

Last Listed By

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 03/16/2017

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 2004

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Stick Built Home

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R04813-015-033-003

Community Details

Overview

  • The Mercantile Subdivision
  • Maintained Community

Security

  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,560

Year Built

Built in 2004

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Block
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect
  • List Price per Sq Ft: 182.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 976.00
  • Total Heated Primary Separate Sq Ft: 976.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Brick, Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 2858.40

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2369.00
  • Lot Dimensions: CONDO
  • Plat Book: 14
  • Plat Page: 301
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04813-015-033-003
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 682.88
  • Total Real Estate Property Taxes: 1560.06

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Nov 14, 2017
Sold by
Sharpe Robert Paul and Sharpe Lisa Robertson
Bought by
Rabiner David Lawrence and Rabiner Donna Joy
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$180,000
Sold Price
$173,535
Premium/Discount to List
-$6,465
-3.59%
Total Days on Market
203
Current Estimated Value
$368,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,329
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Feb 2, 2015
Sold by
Sharpe Mary Benjamin
Bought by
Sharp Robert Paul

Purchase Details

Listed on
Jan 19, 2014
Closed on
Apr 15, 2014
Sold by
Miller Abigail Braman and Miller Joshua
Bought by
Sharpe Robert Paul and Sharpe Mary Benjamin
Seller's Agent
Susan Jarman
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Karen Reese
Intracoastal Realty Corp
List Price
$100,000
Sold Price
$92,500
Premium/Discount to List
-$7,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Listed on
Jan 19, 2014
Closed on
Apr 14, 2014
Sold by
713 North 4Th St Llc
Bought by
Miller Abigail Braman and Miller Joshua
Seller's Agent
Susan Jarman
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Karen Reese
Intracoastal Realty Corp
List Price
$100,000
Sold Price
$92,500
Premium/Discount to List
-$7,500
-7.5%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Miller Abigail and Miller Joshua
Bought by
713 North 4Th Street Llc

Purchase Details

Closed on
May 7, 2009
Sold by
Braman Abigail and Braman David P
Bought by
Braman Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 9, 2007
Sold by
Brand Llc
Bought by
Braman Abigail and Braman David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Day Rosalier
Bought by
Promenade Llc The

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
Rabiner David Lawrence $174,000 None Available
Sharp Robert Paul -- None Available
Sharpe Robert Paul $92,500 None Available
Miller Abigail Braman -- None Available
713 North 4Th Street Llc -- None Available
Braman Abigail -- Chicago Title Insurance Co
Braman Abigail $186,000 None Available
Promenade Llc The $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braman Abigail $176,000
Previous Owner Braman Abigail $176,700
Previous Owner Brand Llc $78,000
Previous Owner Brand Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $173,535 -3.6% $178 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $180,000 +94.6% $184 / Sq Ft
04/23/2014 04/23/14 Sold $92,500 -7.5% $95 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
01/19/2014 01/19/14 For Sale $100,000 -- $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
2023 -- $214,700 $0 $214,700
2022 $0 $214,700 $0 $214,700
2021 $1,650 $214,700 $0 $214,700
2020 $1,650 $146,900 $0 $146,900
2019 $1,650 $146,900 $0 $146,900
2018 $1,650 $146,900 $0 $146,900
2017 $1,650 $146,900 $0 $146,900
2016 $1,560 $140,800 $0 $140,800
2015 $1,491 $140,800 $0 $140,800
2014 $1,428 $140,800 $0 $140,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100053122

Hive MLS

APN: R04813-015-033-003