NOT LISTED FOR SALE

Estimated Value: $367,852 - $391,000

2 Beds
2 Baths
972 Sq Ft
$296/mo HOA Fee

Last Sold April 22, 2022

Last sale price $350,000 $360 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,500/month

2 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Entrance Foyer
  • Main Floor Primary Bedroom
  • Living Room
  • Laundry closet

About This Home

As of April 2022

An excellent value in a great location. Just across 3rd Street from the Wilson Performing Arts Center in the North 4th Street area. Second floor unit, 2 bedroom 2 bath with one of the larger 15 foot balconies. The space in these units has been wonderfully allocated to a large open living room and kitchen with a south facing wall filled with two two french doors with glass transoms opening onto a 15 foot long balcony. All stainless appliances will remain including a built-in wine cooler, refrigerator with bottom drawer freezer, full size washer & dryer, dishwasher, built-in microwave, and disposal. Wood floors and exposed brick wall lend an old urban flair to the modern and efficient environment. Living here will put you on the doorstep of all downtown has to offer, the bustle of Nofo, The Wilson Center, the Riverfront Park Amphitheater, Brooklyn Arts Center, Acme Art, The Riverwalk, the list really does go on with restaurants, bars and brewpubs all around. You'll be right at the center of it all while in a surprisingly peaceful setting as the Laurel Oaks building is set in the interior of its block. Parking is available in the adjoining parking lot for $55 per month. Two couches, one is a sleeper, and a chest of drawers in the 2nd bedroom may remain.

Last Agent to Sell the Property

Steven Fox

River Town Realty Group Listed on: 03/14/2022

Last Buyer's Agent

The Rieker Team

Intracoastal Realty Corp

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 2002

HOA Fees

  • $296 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 972 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Paved Parking
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number R04813-015-032-008

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • The Promenade Subdivision
  • Maintained Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,007

Year Built

Built in 2002

Lot Details

0

HOA Fees

$296 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: No Kitchen; No Dining Room
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Sprinkler System, Smoke Detectors, Pantry, Foyer, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Closet
  • List Price per Sq Ft: 360.08
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 972.00
  • Total Heated Primary Separate Sq Ft: 972.00

Exterior Features

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

Garage/Parking

  • Garage And Parking Other See Remarks: Adjacent rental
  • Parking Driveway: Paved, Street Only

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, See Remarks, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Roof, Taxes, Street Lights, Sidewalk, Master Insure, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3552.00

Lot Info

  • Deed Page: 1417.00
  • Lot Dimensions: Condo
  • Lot Water Features: None
  • Zoning: CBD

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R04813-015-032-008
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1007.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 22, 2022
Sold by
Ann Lloyd Joy
Bought by
Murphy Thomas W and Murphy Linda Spinelli
Seller's Agent
Steven Fox
River Town Realty Group
Buyer's Agent
The Rieker Team
Intracoastal Realty Corp
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$381,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,713
Avg. Annual Appreciation
2.39%
Original Mortgage
$200,000
Outstanding Balance
$187,054
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$194,659

Purchase Details

Listed on
Aug 19, 2019
Closed on
Nov 13, 2019
Sold by
Ezzelle Tonya W and Ezzelle Jason
Bought by
Lloyd Joy Ann
Seller's Agent
Kelly Willis
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Steve Semken
REAL Broker LLC
List Price
$224,900
Sold Price
$217,500
Premium/Discount to List
-$7,400
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%
Original Mortgage
$184,875
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2013
Sold by
Ezzelle Tonya L and Ezzelle Jason
Bought by
Ezzelle Tonya W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,695
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Desorbo Todd Matthew and Suggs Jamie Lauren
Bought by
White Tonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,610
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Promenade Llc (The)
Bought by
Desorbo Todd M

Purchase Details

Closed on
Apr 25, 2003
Sold by
Plantation Inc
Bought by
Promenade Llc (The)

Purchase Details

Closed on
Jun 1, 2001
Sold by
Adler Samuel I
Bought by
Plantation Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murphy Thomas W $700 None Listed On Document
Lloyd Joy Ann $217,500 None Available
Ezzelle Tonya W -- None Available
White Tonya L $233,000 None Available
Desorbo Todd M $148,000 --
Promenade Llc (The) -- --
Plantation Inc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Thomas W $200,000
Previous Owner Lloyd Joy Ann $184,875
Previous Owner Ezzelle Tonya W $201,695
Previous Owner White Tonya L $209,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $350,000 0.0% $360 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $350,000 +60.9% $360 / Sq Ft
12/02/2019 12/02/19 Sold $217,500 -3.3% $224 / Sq Ft View Prior Sale
10/21/2019 10/21/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $224,900 -- $231 / 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 $2,375 $371,900 $0 $371,900
2023 $1,983 $212,100 $0 $212,100
2022 $1,940 $212,100 $0 $212,100
2021 $1,931 $212,100 $0 $212,100
2020 $1,910 $170,000 $0 $170,000
2019 $1,910 $170,000 $0 $170,000
2018 $1,910 $170,000 $0 $170,000
2017 $1,910 $170,000 $0 $170,000
2016 $1,747 $157,700 $0 $157,700
2015 $1,670 $157,700 $0 $157,700
2014 $1,599 $157,700 $0 $157,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100316697

Hive MLS

APN: R04813-015-032-008