$195,000
SOLD OCT 16, 2018
2 Beds
2 Baths
1,058 Sq Ft
$302/mo HOA Fee

Recently Sold

$184 Per Sq Ft

34 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Forced Air Heating System
  • Ceiling Fan
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Family Room

About This Home

As of July 2025

Spacious 2 Bedroom 2 Bath Condo in The Mercantile Building next to the Brooklyn Building in Downtown Wilmington. This 3rd floor end unit condo has just been recently painted and the floors shined. There's not much you need to do to this place to make it your home. High ceilings, lots of windows, and pantry space are just some of the things you'll love. The beautiful hardwood floors run throughout except in the bedrooms. From the windows in the living room you'll be looking out towards The Wilson Center. This part of Downtown is always easy to get a parking spot. Across the street is a local favorite pub and donut coffee shop. You'll love the convenience of living in Downtown. Convenient to restaurants, shopping, shows, pubs, or go see a comedy show. Priced to sell fast!

Last Agent to Sell the Property

Regina Drury

Regina Drury Real Estate Group LLC License #225561 Listed on: 08/03/2018

Last Buyer's Agent

Jan Brewington

Dram Tree Realty License #203985

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 2004

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Sprinkler System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R04813-015-033-008

Community Details

Overview

  • The Mercantile Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,683

Year Built

Built in 2004

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3 Story or More, 3rd Floor Unit
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Sprinkler System, Ceiling Fan(s)
  • List Price per Sq Ft: 184.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 1 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1058.00
  • Total Heated Primary Separate Sq Ft: 1058.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Street Only

Utilities

  • Cooling System: None
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, No Amenities, Trash, Taxes, Pest Control, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3628.20

Lot Info

  • Deed Page: 163.00
  • Lot Dimensions: Condo
  • Plat Book: 14
  • Plat Page: 301
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04813-015-033-008
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 1683.00

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
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
517.02%

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

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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 Change Sq Ft Price
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
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
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
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: 100128612

Hive MLS

APN: R04813-015-033-008