$92,500
SOLD DEC 18, 2014
1 Bed
1 Bath
780 Sq Ft
$223/mo HOA Fee

Recently Sold

$119 Per Sq Ft

3% Above List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Maintained Community
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

Presented for sale is a stylish 3rd floor condo in The Mercantile. This unit features rich hardwoods, a modern kitchen, high ceilings and an open floor plan. The kitchen has a large island that overlooks the living room, perfect for entertaining. The bedroom is spacious and there is plenty of storage. There is currently a tenant in place with a lease until May 2015. However, the tenant can vacate early if a buyer is looking for immediate occupancy. This unit would make an excellent investment property as the current rent is $825.

Last Agent to Sell the Property

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 11/19/2014

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 11/19/2014

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 2004

HOA Fees

  • $223 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Community Details

  • Master Insurance
  • The Mercantile Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 7297
  • Assessor Parcel Number 311820.81.5566.007

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,248

Year Built

Built in 2004

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • 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
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 600 - 799
  • List Price per Sq Ft: 115.26
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 780.00
  • Total Heated Primary Separate Sq Ft: 780.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Foundation: Slab
  • Road Type Frontage: Public (City/Cty/St)

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • 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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Water, Master Insure, Maintenance Structure
  • HOAAssociationFee1Year: 2676.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 971.00
  • Lot Dimensions: CONDO
  • Lot Number: 7297
  • Zoning: CBD

Tax Info

  • Tax Identifier: 311820.81.5566.007

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
$325,548

Purchase Details

Listed on
Nov 19, 2014
Closed on
Dec 16, 2014
Sold by
Fazio Joseph
Bought by
Rowan William Charles
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$89,900
Sold Price
$92,500
Premium/Discount to List
$2,600
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%

Purchase Details

Closed on
Oct 7, 2008
Sold by
Beckhart Gordon H and Beckhart Stella M
Bought by
Fazio Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,355
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Day Rosalier
Bought by
Promenade Llc The
Source: Public Records

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Range of Values:

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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 $92,500 None Available
Warranty Deed $151,000 None Available
Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,938 New Conventional
Previous Owner $143,355 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $161,250 -2.3% $203 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $165,000 +78.4% $208 / Sq Ft
12/18/2014 12/18/14 Sold $92,500 +2.9% $119 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $89,900 -- $115 / 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 $1,248 $178,000 $0 $178,000
2022 $1,628 $178,000 $0 $178,000
2021 $1,121 $178,000 $0 $178,000
2020 $1,345 $119,700 $0 $119,700
2019 $1,345 $119,700 $0 $119,700
2018 $1,345 $119,700 $0 $119,700
2017 $1,345 $119,700 $0 $119,700
2016 $1,293 $116,700 $0 $116,700
2015 $1,236 $116,700 $0 $116,700
2014 $1,183 $116,700 $0 $116,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30513946

Hive MLS

APN: R04813-015-033-007