NOT LISTED FOR SALE

Estimated Value: $199,000 - $269,000

3 Beds
2 Baths
968 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $23,800 $25 Per Sq Ft

Est. 883% increase in value since last sale

Current estimated payment $1,360/month

33 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • 1-Story Property
  • No HOA
  • Living Room

About This Home

As of June 2012

Handyman's special on this centrally located 3 bedroom 2 bath home in the downtown area. Bank of America prequals required on all offers. Cash Offers will have re-conveyance restriction verbiage on the deed. CASH transactions are subject to a 60 day deed restrictions. Expense Payments and Reimbursements cannot be paid on the HUD. Bank of America, N.A. employees or household members (including persons deriving their primary means of financial support from a Bank employee) and business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly.

Last Agent to Sell the Property

Patty Edney

Boardwalk Properties License #227728 Listed on: 05/21/2012

Last Buyer's Agent

John Horton

Laney Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,029

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 32x70
  • Property is zoned R-3

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,029

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Both Stk Blt & Mod
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1920
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 800 - 999
  • List Price per Sq Ft: 24.59
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 968.00
  • Total Heated Primary Separate Sq Ft: 968.00

Exterior Features

  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2615.00
  • Lot Acres: 0.05
  • Lot Dimensions: 32x70
  • Lot Sq Ft: 2178.00
  • Zoning: R-3

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Terra 9 Llc
Bought by
Cape Fear Collective Impact Opportunity 2 Llc
Current Estimated Value
$233,873

Purchase Details

Closed on
Jan 28, 2022
Sold by
Terra 16 Llc
Bought by
Cape Fear Collective Impact Opportunity 2 Llc

Purchase Details

Closed on
Jul 27, 2020
Sold by
Tj Real Estate Holdings Llc
Bought by
Terra 16 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2018
Sold by
Olson Portfolio 2B Llc
Bought by
Tj Real Estate 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
$5,255,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Ritz Development 5 Llc
Bought by
Olson Portfolio 2 Llc

Purchase Details

Listed on
May 21, 2012
Closed on
Jun 29, 2012
Sold by
Hasco 2006 He1 Trust
Bought by
Ritz Development 5 Llc
Seller's Agent
Patty Edney
Boardwalk Properties
Buyer's Agent
John Horton
Laney Real Estate Co.
List Price
$23,800
Sold Price
$23,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%

Purchase Details

Listed on
May 21, 2012
Closed on
May 21, 2012
Sold by
Despaigne Policarpo R
Bought by
Bank Of America Na
Seller's Agent
Patty Edney
Boardwalk Properties
Buyer's Agent
John Horton
Laney Real Estate Co.
List Price
$23,800
Sold Price
$23,800

Purchase Details

Closed on
Jul 13, 2006
Sold by
Gillispie William and Gillispie Mattie
Bought by
Despaigne Policarpo R and Despaigne Jamaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Durant Gladys C
Bought by
Mcallister Marilyn D

Purchase Details

Closed on
Jan 1, 2001
Bought by
Brunson Maggie

Purchase Details

Closed on
May 14, 1988
Sold by
Durant Joseph F
Bought by
Durant Gladys C

Purchase Details

Closed on
Dec 7, 1984
Sold by
Jenkins Allen Marie Floyd
Bought by
Durant Joseph F Gladys C

Purchase Details

Closed on
Aug 1, 1981
Sold by
Brunson Maggie
Bought by
Jenkins Allen Marie Floyd
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
Cape Fear Collective Impact Opportunity 2 Llc -- Harris S Hunt
Cape Fear Collective Impact Opportunity 2 Llc $899,000 Harris S Hunt
Terra 16 Llc $474,000 None Available
Tj Real Estate Holdings Llc $6,000,000 None Available
Olson Portfolio 2 Llc $976,500 None Available
Ritz Development 5 Llc $24,000 --
Bank Of America Na $41,500 None Available
Despaigne Policarpo R $80,000 None Available
Mcallister Marilyn D -- --
Brunson Maggie -- --
Durant Gladys C -- --
Durant Joseph F Gladys C -- --
Jenkins Allen Marie Floyd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terra 16 Llc $379,200
Previous Owner Tj Real Estate Holdings Llc $5,255,000
Previous Owner Olson Portfolio 2B Llc $4,456,000
Previous Owner Despaigne Policarpo R $64,000
Previous Owner Gillispie William $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $23,800 0.0% $25 / Sq Ft
06/23/2012 06/23/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $23,800 -- $25 / 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
2023 $1,029 $118,300 $29,900 $88,400
2022 $1,006 $118,300 $29,900 $88,400
2021 $1,012 $118,300 $29,900 $88,400
2020 $434 $41,200 $15,100 $26,100
2019 $434 $41,200 $15,100 $26,100
2018 $0 $41,200 $15,100 $26,100
2017 $434 $41,200 $15,100 $26,100
2016 $612 $55,200 $17,200 $38,000
2015 $585 $55,200 $17,200 $38,000
2014 $560 $55,200 $17,200 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30477036

Hive MLS

APN: R04814-006-002-000