NOT LISTED FOR SALE

Estimated Value: $606,000 - $816,000

5 Beds
5 Baths
1,076 Sq Ft
$688/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $745,000 $692 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,134/month

66 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Covered Patio or Porch
  • 3 Fireplaces
  • No HOA
  • Fenced Yard

About This Home

As of September 2024

This unique downtown property is two 1930's bungalows connected by an apartment positioned in between. Each unit enjoys having a separate entrance and a private outdoor space. This property can serve as an income producing triplex, single family home or combination home and income producing property. Situated on an historic tree lined street, this property is two blocks away from the Castle Street Art District and a short stroll to downtown. Front house (Unit A) has an open floor plan with two bedrooms and 2 bathrooms. The 10-foot ceilings, ornamental fireplaces, updated kitchen, hardwood floor and attention to detail all contribute to this unit's charm. Unit B is a quiet, private one bedroom with newly renovated kitchen and bath. Unit B would be a great guest suite, home office or an income producing unit. Further up the walkway, through a private gated entrance is Unit C. This cottage style home has two bedroom and two updated bathrooms. The same charm and character are evident throughout this bright and fresh space. The landscaped garden with patio is welcoming for your outdoor gatherings or for just some private time. This charming property has been well maintained and cared for. In addition to on-street parking, this property had four off-street parking spaces. There is rental history and financial information available. This property is a great investment or a place to call home.

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 05/24/2024

Intracoastal Realty Corp

Last Buyer's Agent

The Donatelli Group

Coldwell Banker Sea Coast Advantage License #335148

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1938

Lot Details

  • 8,364 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5 Bathrooms
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 3 Fireplaces
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Termite Clearance

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Castle Dock Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05409-019-008-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,614

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 3+
  • Flooring: Tile, Wood
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 302.31
  • Total Bathrooms: 5.00
  • Number Bedrooms Total: 5

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • 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, Natural Gas Connected, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Natural Gas
  • Sewer: Connected
  • Water Source: Water Connected

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities, Termite Bond
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 119.00
  • Lot Acres: 0.19
  • Lot Description: See Remarks
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 8364.00
  • Zoning: R-3

Green Features

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

Tax Info

  • Tax Identifier: R05409-019-008-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2613.59

Multi Family

  • Number Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2025
Sold by
Sosaa Properties Llc
Bought by
Right Avenue Llc
Current Estimated Value
$740,779

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 14, 2024
Sold by
Michael Stella Paul and Norwood Madge
Bought by
Sosaa Properties Llc
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
The Donatelli Group
Coldwell Banker Sea Coast Advantage
List Price
$829,900
Sold Price
$745,000
Premium/Discount to List
-$84,900
-10.23%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%
Original Mortgage
$612,000
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 28, 2021
Sold by
Pbw Holdings Llc
Bought by
Pearl & Jewel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2021
Sold by
Stella Paul Michael and Stella Madge Norwood
Bought by
Pbw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2004
Sold by
Benton Jimmy Lee Delores Gail
Bought by
Stella Paul Michael

Purchase Details

Closed on
Apr 1, 1996
Sold by
Mccorkle Robert W Jane R
Bought by
Benton Jimmy Lee Delores G

Purchase Details

Closed on
Mar 21, 1996
Sold by
Keel Caren S
Bought by
Benton Jimmy Lee Delores Gail

Purchase Details

Closed on
Dec 28, 1995
Sold by
Johnson Sampson M
Bought by
Benton Jimmy Lee Delores Gail

Purchase Details

Closed on
Jun 14, 1993
Sold by
Rickenbacker B W Susan H
Bought by
Johnson Sampson M

Purchase Details

Closed on
Feb 1, 1987
Sold by
Triad Company
Bought by
Rickenbacker Bruce W

Purchase Details

Closed on
Oct 1, 1985
Sold by
Mccorkle Robert W Jane R
Bought by
Mccorkle Robert W

Purchase Details

Closed on
Dec 1, 1983
Sold by
Mccorkle Robert W
Bought by
Triad Company

Purchase Details

Closed on
Jul 1, 1983
Sold by
Mccorkle Robert W Jane R
Bought by
Mccorkle Robert W Jane R

Purchase Details

Closed on
Sep 1, 1982
Sold by
Golden Benders G Jr Mildr
Bought by
Mccorkle Robert W Jane R

Purchase Details

Closed on
Aug 1, 1978
Bought by
Golden Benders G Jr Mildr
Source: Public Records

Range of Values:

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Average Value
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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
Right Avenue Llc -- None Listed On Document
Right Avenue Llc -- None Listed On Document
Right Avenue Llc -- None Listed On Document
Sosaa Properties Llc $745,000 None Listed On Document
Pearl & Jewel Llc $11,500,000 None Available
Pbw Holdings Llc -- None Available
Stella Paul Michael $188,000 --
Benton Jimmy Lee Delores G -- --
Benton Jimmy Lee Delores Gail -- --
Keel Caren S -- --
Keel Caren S -- --
Benton Jimmy Lee Delores Gail $33,500 --
Johnson Sampson M $8,000 --
Rickenbacker Bruce W $3,000 --
Mccorkle Robert W -- --
Triad Company -- --
Mccorkle Robert W Jane R -- --
Mccorkle Robert W Jane R $4,000 --
Golden Benders G Jr Mildr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sosaa Properties Llc $612,000
Previous Owner Pearl & Jewel Llc $8,625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $745,000 -6.9% $692 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $799,900 -3.6% $743 / Sq Ft
05/24/2024 05/24/24 For Sale $829,900 -- $771 / 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 -- $729,600 $163,800 $565,800
2024 -- $309,300 $81,000 $228,300
2023 $2,614 $309,300 $81,000 $228,300
2022 $2,629 $309,300 $81,000 $228,300
2021 $1,747 $309,300 $81,000 $228,300
2020 $2,214 $210,200 $62,300 $147,900
2019 $2,214 $210,200 $62,300 $147,900
2018 $2,214 $210,200 $62,300 $147,900
2017 $2,214 $210,200 $62,300 $147,900
2016 $2,841 $256,400 $77,400 $179,000
2015 $2,715 $256,400 $77,400 $179,000
2014 $2,600 $256,400 $77,400 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100446579

Hive MLS

APN: R05409-019-008-000