NOT LISTED FOR SALE

724 S Kerr Ave Wilmington, NC 28403

Saint James Village Neighborhood

Estimated Value: $330,000

3 Beds
1 Bath
897 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $82,000 $91 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $2,065/month

54 Days on Market

Highlights

  • No HOA
  • Living Room
  • Ceiling Fan
  • Patio
  • Central Air
  • 1-Story Property

About This Home

As of October 2016

Location, Location, Location, and Priced to Sell !!!! Two properties adjoining to be purchased individually, located in a largely residential area but includes significant commercial, office and industrial uses. Check with NCDOT & WDOT for any projects. Convenient to UNCW, Harris Teeter & public transportation.

Last Agent to Sell the Property

Jewell Hobbs

Coastal Properties License #108802 Listed on: 07/01/2016

Coastal Properties

Last Buyer's Agent

John Larsen

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 99x212x64x190
  • Property is zoned R-10

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 897 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Assessor Parcel Number R05511-001-001-000

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Kitchen, Hookup - Washer
  • List Price per Sq Ft: 111.48
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Sq Ft Heated: 897.00
  • Total Heated Primary Separate Sq Ft: 897.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Asbestos
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Stove/Oven - Electric
  • Cooling System: Central
  • 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, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 1545.00
  • Lot Acres: 0.34
  • Lot Dimensions: 99x212x64x190
  • Lot Sq Ft: 15002.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: R05511-001-001-000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Real Properties Llc
Bought by
Ritz Partners 4 Llc
Current Estimated Value
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,760,000
Outstanding Balance
$3,335,384
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 1, 2016
Closed on
Oct 12, 2016
Sold by
Williamson Wanda K and Williamson Wanda K
Bought by
Jej Investments Llc
Seller's Agent
Jewell Hobbs
Coastal Properties
Buyer's Agent
John Larsen
Landmark Sotheby's International Realty
List Price
$100,000
Sold Price
$82,000
Premium/Discount to List
-$18,000
-18%

Purchase Details

Closed on
Nov 30, 1989
Sold by
Simon H F Geneva
Bought by
Williamson H P Mary

Purchase Details

Closed on
Mar 1, 1956
Bought by
Simon H F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ritz Partners 4 Llc $338,000 None Available
Jej Investments Llc $82,000 None Available
Williamson H P Mary $50,000 --
Simon H F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritz Partners 4 Llc $3,760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $82,000 -18.0% $91 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $100,000 -- $111 / 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 $32,779 $6,487,000 $567,600 $5,919,400
2024 $36,931 $4,244,900 $475,600 $3,769,300
2023 $36,931 $4,957,200 $475,600 $4,481,600
2022 $42,136 $4,957,200 $475,600 $4,481,600
2021 $4,070 $475,600 $475,600 $0
2020 $898 $85,200 $42,300 $42,900
2019 $898 $85,200 $42,300 $42,900
2018 $898 $85,200 $42,300 $42,900
2017 $898 $85,200 $42,300 $42,900
2016 $1,024 $92,400 $40,900 $51,500
2015 $979 $92,400 $40,900 $51,500
2014 $937 $92,400 $40,900 $51,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jewell Hobbs

    Coastal Properties

    (910) 256-8171

    Jewell Hobbs
    Section Image

  • J

    Buyer's Agent in 2016

    John Larsen

    Landmark Sotheby's International Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100019241

Hive MLS

APN: R05511-001-001-000

North Carolina New Hanover County Wilmington 28403 Saint James Village

724 S Kerr Ave, Wilmington, NC

Not Listed for Sale

Detached

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