$55,000
SOLD MAR 15, 2012
1 Bed
1 Bath
728 Sq Ft
$340/mo HOA Fee

Recently Sold

$76 Per Sq Ft

31% Below List Price

93 Days on Market

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Maintained Community

About This Home

As of June 2019

Fabulous Urban downtown condo located in The Promenade- Mercantile Building. Nestled in the dynamic Brooklyn Arts District this building is only 3 blocks from the River front and walking distance to CFCC, PPD and the New Convention center. Or take the free trolley service that stops right outside your door to everything that Downtown Wilmington has to offer including shopping, dining, theatre and music. Conveniently less than 10 minutes from the Wilmington International Airport. Wood flooring in the living room, dining room and kitchen with carpeted Master Bedroom. Contemporary appliances included. Beautiful tile backsplash in kitchen. 9' ceilings and built-ins in the living room give this condo plenty of space!

Last Agent to Sell the Property

Jack Gale

Coldwell Banker Sea Coast Advantage License #197250 Listed on: 11/01/2011

Coldwell Banker Sea Coast Advantage

Co-Listed By

Tom Gale

Coldwell Banker Sea Coast Advantage License #242825

Last Buyer's Agent

James Bitto

Network Real Estate License #219878

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 2005

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Stick Built Home

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

  • <<builtInMicrowave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Irrigation
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Master Insurance
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,133

Year Built

Built in 2005

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 2005
  • Special Features: 1028
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 0 - 200, 600 - 799
  • Interior Amenities: Blinds/Shades
  • List Price per Sq Ft: 87.77
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 4
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 728.00
  • Total Heated Primary Separate Sq Ft: 728.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Foundation: Slab
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Tar/Gravel

Garage/Parking

  • Garage And Parking Other See Remarks: Asphlt
  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • 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: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Taxes, Master Insure, Management, Maintenance Structure
  • HOAAssociationFee1Year: 4080.24

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1813.00
  • Zoning: CBD

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Bailey Christopher and Bailey Carla
Bought by
Cool Guy Properties Llc
Current Estimated Value
$309,426

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 30, 2019
Sold by
Moore Thomas and Moore Katherine
Bought by
Bailey Christopher and Bailey Carla
Seller's Agent
Jill Rigsbee
Keller Williams Innovate-Wilmington
Buyer's Agent
Diane Castro-Perez
Coldwell Banker Sea Coast Advantage - Jacksonville
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$121,875
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 16, 2018
Sold by
Michaels Arianna Nesser and Michaels William
Bought by
Moore Thomas and Cioffi Katherine M
Seller's Agent
Paul Nasser
Network Real Estate
Buyer's Agent
Jan Windsor
RE/MAX Essential
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Walk Property Group Llc
Bought by
Nasser Arianna S

Purchase Details

Listed on
Nov 1, 2011
Closed on
Mar 14, 2012
Sold by
Nasser Laura and Nasser Wais
Bought by
Walk Property Group Llc
Seller's Agent
Jack Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
James Bitto
Network Real Estate
List Price
$79,900
Sold Price
$55,000
Premium/Discount to List
-$24,900
-31.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%

Purchase Details

Listed on
Nov 1, 2011
Closed on
Feb 8, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nasser Laura
Seller's Agent
Jack Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
James Bitto
Network Real Estate
List Price
$79,900
Sold Price
$55,000
Premium/Discount to List
-$24,900
-31.16%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Helton Elbert P and Helton Rose R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 7, 2004
Sold by
Day Rosalier
Bought by
Promenade Llc The
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $162,500 None Available
Warranty Deed $145,000 None Available
Gift Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Trustee Deed $116,793 None Available
Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,875 New Conventional
Previous Owner $208,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $162,500 -4.4% $243 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $169,900 +17.3% $254 / Sq Ft
05/18/2018 05/18/18 Sold $144,900 0.0% $204 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $144,900 +163.5% $204 / Sq Ft
03/15/2012 03/15/12 Sold $55,000 -31.2% $76 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $79,900 -- $110 / 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 $1,133 $161,600 $0 $161,600
2022 $1,478 $161,600 $0 $161,600
2021 $971 $161,600 $0 $161,600
2020 $1,232 $109,700 $0 $109,700
2019 $1,232 $109,700 $0 $109,700
2018 $1,232 $109,700 $0 $109,700
2017 $1,232 $109,700 $0 $109,700
2016 $1,162 $104,900 $0 $104,900
2015 $1,111 $104,900 $0 $104,900
2014 $1,064 $104,900 $0 $104,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30469577

Hive MLS

APN: R04813-015-033-004