NOT LISTED FOR SALE

Estimated Value: $257,000 - $316,000

3 Beds
1 Bath
989 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $115,000 $116 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,697/month

32 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Covered patio or porch
  • John T. Hoggard High School Rated A-
  • Cottage
  • Forced Air Heating System

About This Home

As of January 2024

Investor and beach lover's grand opportunity! This home is located in close proximity to downtown Wilmington and the many activities the city offers. With a little TLC this home could become an airbnb, rental or beautiful starter home for a loving family. This home is sold as is and is a half mile from the Wilmington waterfront. Currently the home is occupied with a responsible, long-term renter; therefore, you will have to contact the realtor 48 hours in advance for showings.Demetrice Williams 919-824-3057 On Point RealtyThis listing is not in the Wilmington MLS. Please contact the agent at 919-824-3057 (Demetrice Williams).

Last Listed By

THE NORMAN GROUP

ON POINT REALTY License #. Listed on: 12/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1940

Lot Details

  • 3,136 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R5 - Residential District

Home Design

  • 989 Sq Ft Home
  • Cottage

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • New Hanover County Schools Middle School
  • New Hanover County Schools High School

Additional Features

  • Range
  • Covered patio or porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05410-017-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3136.32
  • General Property Information Building Project Name3: Currently the home is occupied with a responsible, long-term renter; therefore, you will have to contact the realtor 48 hours in advance for showings. Demetrice Williams 919-824-3057 On Point Realty This listing is not in the Wilmington MLS. Please contact the agent at 919-824-3057 (Demetrice Williams).
  • General Property Information Lot Size Acres: 0.072
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Total Bedrooms: 6
  • Appliances Range: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Acres: 0.07
  • Home Warranty: No
  • Patio And Porch Features: Covered, Front Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: New Hanover County Schools
  • Middle Or Junior School: New Hanover County Schools

Lot Info

  • Zoning: R5 - Residential District
  • Lot Size Sq Ft: 3136.32
  • ResoLotSizeUnits: Acres
  • Parcel #: R05410-017-005-000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Sumlin Lee Carolyn and Lee Coss Karen
Bought by
Liberty Coastal Rentals Llc
Total Days on Market
32
Current Estimated Value
$287,860

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 12, 2024
Sold by
Muhammad Amir
Bought by
Liberty Coastal Rentals Llc
Seller's Agent
THE NORMAN GROUP
ON POINT REALTY
List Price
$170,900
Sold Price
$115,000
Premium/Discount to List
-$55,900
-32.71%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.59%

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 9, 2024
Sold by
Coss Karen Lee
Bought by
Muhammad Amir
Seller's Agent
THE NORMAN GROUP
ON POINT REALTY
List Price
$170,900
Sold Price
$115,000
Premium/Discount to List
-$55,900
-32.71%
Views
50

Purchase Details

Closed on
Aug 31, 1995
Sold by
Sumlin Ruth
Bought by
Lee Carolyn Sumlin

Purchase Details

Closed on
May 3, 1995
Sold by
Lee Jr Carolyn Sumlin Leroy
Bought by
Sumlin Ruth

Purchase Details

Closed on
Feb 10, 1995
Sold by
Sumlin Ruth
Bought by
Lee Carolyn Sumlin

Purchase Details

Closed on
Oct 1, 1978
Bought by
Sumlin Ruth
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 Buyer Sale Price Title Company
Liberty Coastal Rentals Llc -- None Listed On Document
Liberty Coastal Rentals Llc $130,000 Hockey Title
Muhammad Amir $150,000 None Listed On Document
Lee Carolyn Sumlin -- --
Sumlin Ruth -- --
Lee Carolyn Sumlin -- --
Sumlin Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberty Coastal Rentals Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $115,000 -32.7% $116 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $170,900 0.0% $173 / Sq Ft
01/05/2024 01/05/24 For Sale $170,900 -31.6% $173 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $250,000 -- $253 / Sq Ft
Source: Doorify 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 $1,068 $122,800 $46,300 $76,500
2023 $1,068 $122,800 $46,300 $76,500
2022 $1,044 $122,800 $46,300 $76,500
2021 $1,051 $122,800 $46,300 $76,500
2020 $553 $52,500 $8,700 $43,800
2019 $553 $52,500 $8,700 $43,800
2018 $553 $52,500 $8,700 $43,800
2017 $553 $52,500 $8,700 $43,800
2016 $485 $43,800 $15,600 $28,200
2015 $464 $43,800 $15,600 $28,200
2014 $444 $43,800 $15,600 $28,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP716708

Doorify MLS

APN: R05410-017-005-000