$370,000
SOLD JUL 21, 2025
2 Beds
2 Baths
1,000 Sq Ft
$374/mo HOA Fee

Recently Sold

$370 Per Sq Ft

4% Below List Price

59 Days on Market

Highlights

  • Furnished
  • Security Service
  • Combination Dining and Living Room
  • Brick Exterior Construction
  • Forced Air Heating System
  • Maintained Community

About This Home

As of July 2025

Welcome to Historic Downtown Wilmington! Step into this light and bright two bedroom, two bath condo on the third floor of the Mercantile Building on fun and friendly North Fourth St. Enjoy the best of Old Wilmington in an easy care condo that is large enough to be a primary home, a second home or a short or long term rental! Coming completely furnished, from sheets to spoons with just a few personal exceptions, this lovely home has been used as a second home and cared for by a family for several years. Beautiful wood floors, large windows and high ceilings add to the enjoyment of this roomy home. The full kitchen features a pantry and comes with everything you need to make a wonderful meal! Just bring your suitcase! Closets and even a utility room are surprisingly ample! The condo is in the midst of it all yet high above for privacy. The building is secure with a key pad for resident's entry. Walk across the street to the Brooklyn Cafe for coffee and beignets and later to local breweries and restaurants along North Fourth! Come and see what the Mercantile building has to offer!

Last Agent to Sell the Property

Jan Brewington

Dram Tree Realty License #203985 Listed on: 05/07/2025

Last Buyer's Agent

Brett Blizzard

Destination Realty Corporation, LLC License #314848

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $986

Year Built

  • Built in 2015

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R04813-015-033-008

Community Details

Overview

  • Master Insurance
  • Mercantile Asspc. Go Property Management Association
  • Downtown Subdivision
  • Maintained Community

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$986

Year Built

Built in 2015

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Brick/Stone, Steel Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Pantry, High Ceilings, Furnished
  • List Price per Sq Ft: 385.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1000.00
  • Total Heated Primary Separate Sq Ft: 1000.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Flat
  • Waterfront: No

Garage/Parking

  • Parking Driveway: None

Utilities

  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: No
  • Heating System: Forced Air
  • Utilities: Sewer Available, Water Available
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Security, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 4491.48
  • HOAAssociationName: Mercantile Asspc. GO Property Management
  • HOAAssociationPhone: 910-509728

Lot Info

  • Deed Page: 2868.00
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04813-015-033-008
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 985.95

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jul 21, 2025
Sold by
Dadd Christopher A and Magri Karen A
Bought by
Cool Guy Properties Llc
Seller's Agent
Jan Brewington
Dram Tree Realty
Buyer's Agent
Brett Blizzard
Destination Realty Corporation, LLC
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Views
65
Current Estimated Value
$371,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,999
Avg. Annual Appreciation
1.65%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 17, 2018
Sold by
Pensco Trust Co
Bought by
Dadd Christopher A and Magri Karen A
Seller's Agent
Regina Drury
Regina Drury Real Estate Group LLC
Buyer's Agent
Jan Brewington
Dram Tree Realty
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$127,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2014
Closed on
Jul 9, 2014
Sold by
Guss Sean
Bought by
Pensco Trust Co and Cheryl D Luse Solo 401K
Seller's Agent
Barbara Katlen
BlueCoast Realty Corporation
Buyer's Agent
Jay Stokley
Stokley Property Management Inc
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Nathans David
Bought by
Guss Sean

Purchase Details

Closed on
Aug 28, 2006
Sold by
The Promenade Llc
Bought by
Nathans David and Nathans Family Revocable Trust

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
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 Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed $195,000 None Available
Warranty Deed $125,000 None Available
Warranty Deed $160,000 None Available
Warranty Deed -- None Available
Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2025 07/21/25 Sold $370,000 -3.9% $370 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $385,000 +97.4% $385 / Sq Ft
10/16/2018 10/16/18 Sold $195,000 0.0% $184 / Sq Ft View Prior Sale
09/06/2018 09/06/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $195,000 +56.0% $184 / Sq Ft
07/23/2014 07/23/14 Sold $125,000 -3.8% $118 / Sq Ft View Prior Sale
07/12/2014 07/12/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $130,000 -- $123 / 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 $2,179 $341,200 $0 $341,200
2024 -- $219,100 $0 $219,100
2023 -- $219,100 $0 $219,100
2022 $1,995 $219,100 $0 $219,100
2021 $1,995 $219,100 $0 $219,100
2020 $1,683 $149,800 $0 $149,800
2019 $1,683 $149,800 $0 $149,800
2018 $1,683 $149,800 $0 $149,800
2017 $1,683 $149,800 $0 $149,800
2016 $1,565 $141,200 $0 $141,200
2015 $1,495 $141,200 $0 $141,200
2014 $1,432 $141,200 $0 $141,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100505822

Hive MLS

APN: R04813-015-033-008