$422,000
SOLD NOV 1, 2024
2 Beds
2 Baths
1,358 Sq Ft
$350/mo HOA Fee

Recently Sold

$311 Per Sq Ft

9% Below List Price

79 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Home Office
  • Corner Lot
  • Solid Surface Countertops
  • Covered patio or porch

About This Home

As of November 2024

Enjoy all the conveniences and walkability of downtown Wilmington's Brooklyn Arts district. If you enjoy the arts, Live Oak Bank Pavilion, The Wilson Center, Brooklyn Arts Center, and Thalian Hall are all a short walk from The Modern Baking Company Building. Nearby shopping and dining options are also aplenty, as well as the riverwalk making your downtown excursion a scenic one.Unit 202 is one of the largest in the building, featuring 2 bedrooms, 2 full bathrooms, an office, a tiled foyer, and dining nook as well as breakfast bar. This unit was just freshly painted in neutral tones, creating a clean slate for its new owner. Brand new LVP flooring added to office and common area, accented by stylish 12x24'' tile in foyer and kitchen. Both bathrooms also offer tiled flooring as well as raised vanities. HVAC was replaced in 2021, water heater in 2024 and seller recently updated all kitchen appliances to Kitchen Aid. Stackable washer/dryer in laundry closet will convey too, making this unit truly turnkey. Other features include Minka Aire ceiling fans, tray ceilings, clerestory windows to maximize light and maintain privacy, upgraded fixtures throughout, granite countertops, and tile backsplash that extends down pony wall of breakfast bar, beautifully accented by LED lighting. Beautiful, stacked maple cabinets feature storage organizer drawers recently added by seller. A covered balcony and entryway, as well as elevator access, increase the charm and convenience offered by this property. Building has secured entry. Water, sewer and trash are covered by HOA.Common area renovations to include repairs to stairways and repainting of building. Renovations scheduled for completion this Fall. This assessment to be paid by seller.

Last Agent to Sell the Property

Joel Sheesley

Coldwell Banker Sea Coast Advantage License #264373 Listed on: 06/26/2024

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 2007

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Steel Frame
  • Tar and Gravel Roof
  • Membrane Roofing
  • Wood Siding
  • Concrete Siding
  • Metal Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Pest Guard System

Kitchen

  • Breakfast Area or Nook
  • Stove
  • <<builtInMicrowave>>
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Decorative Fence

Listing and Financial Details

  • Assessor Parcel Number R04813-001-007-028

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Modern Baking Company HOA, Phone Number (910) 509-7281
  • Modern Baking Company Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,172

Year Built

Built in 2007

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 2007
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Elevator, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Foyer, Blinds/Shades, Ceiling Fan(s), Ceiling - Trey
  • Laundry Location: Closet
  • List Price per Sq Ft: 331.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Breakfast Nook Level: Second
  • Great Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Sq Ft Heated: 1358.00
  • Total Heated Primary Separate Sq Ft: 1358.00

Exterior Features

  • Exterior Finish: Brick, Metal Siding, Wood Siding, Composition, Brick Veneer
  • Fencing: Metal/Ornamental
  • Foundation: Block, See Remarks, Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane, Tar/Gravel
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Street, Street Only

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke 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, Water, Taxes, Trash, Pest Control, Sewer, Roof, Master Insure, Management, Maintenance Structure
  • HOAAssociationFee1Year: 4200.00
  • HOAAssociationName: Modern Baking Company HOA
  • HOAAssociationPhone: 9105097281

Lot Info

  • Deed Page: 741.00
  • Lot Description: Corner Lot
  • Lot Dimensions: Condo
  • Plat Book: 17
  • Plat Page: 8
  • Special Assessments: $4000 for common area upfit
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04813-001-007-028
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1171.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Telmanik Dennis P and Telmanik Joan R
Bought by
Ryan David and Ryan Angelia
Current Estimated Value
$437,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,600
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2021
Sold by
Telmanik Dennis P
Bought by
Telmanik Dennis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,600
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2016
Closed on
Mar 4, 2017
Sold by
Derosa John D and Derosa Nancy C
Bought by
Teimanik Dennis P
Seller's Agent
John Horton
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Lee Anne Rouse
Sol Property Group LLC
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$168,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Federal National Mortgage Association
Bought by
Derosa John D and Derosa Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Cardamone Christian
Bought by
Federal National Mortgage Association
Source: Public Records

Similar Homes in Wilmington, NC

  • 6832 Main St Unit 226, Wilmington, NC 28405

    $367,000

    • 2 Beds
    • 2 Baths
    • 1,156 Sq Ft
    • 6832 Main St
    • Unit 226
    • Wilmington, NC

    Motivated Sellers!! Offering up to $8,000 in closing cost!! Discover coastal living in this beautifully updated 2-bedroom, 2-bathroom condo in vibrant Wilmington, NC. Situated within a secure, HOA-managed community, this home offers peace of mind, fresh paint, a newly renovated bathroom, and resort-style amenities—perfect for professionals, retirees, or vacation renters seeking convenience and

    Sharon Byrd Diversity One Realty

    Section Image
  • 801 N 4th St Unit 301, Wilmington, NC 28401

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,146 Sq Ft
    • 801 N 4th St
    • Unit 301
    • Wilmington, NC

    Fantastic opportunity in the heart of the Brooklyn Arts District! This corner unit in the Modern Baking Co. building is your chance to live in the middle of it all while also enjoying modern luxury. This spacious 2-bedroom, 2-bathroom condo boasts gorgeous hardwoods throughout, 10 ft. ceilings, large windows, and your own balcony. Upgrades within the past year include fresh paint throughout, a

    Brian Whiteside Monarch Realty Co.

    Section Image
  • 801 N 4th St Unit 206, Wilmington, NC 28401

    $419,900

    • 2 Beds
    • 2 Baths
    • 1,042 Sq Ft
    • 801 N 4th St
    • Unit 206
    • Wilmington, NC

    Don't miss this rare opportunity to own a stylish, sunlit corner unit in the heart of downtown Wilmington! Just steps from the Riverwalk, CFCC, Live Oak Bank Pavilion, parks, top-rated restaurants, and more, this beautifully updated condo offers the best of city living--and it's only 10 miles from Wrightsville Beach.Inside, you'll love the open floor plan, soaring ceilings, new LVP flooring,

    Ian Rosenbaum Wit Realty LLC

    Section Image
  • 713 N 4th St Unit 301, Wilmington, NC 28401

    $385,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 713 N 4th St
    • Unit 301
    • Wilmington, NC

    Welcome to Historic Downtown Wilmington! Step into this light and bright two bedroom, two bath condo on the third floor of the Mercantile Building on fun and friendly North Fourth St. Enjoy the best of Old Wilmington in an easy care condo that is large enough to be a primary home, a second home or a short or long term rental! Coming completely furnished, from sheets to spoons with just a few

    Jan Brewington Dram Tree Realty

    Section Image
  • 614 Peacock Ln Unit 3, Wilmington, NC 28401

    $476,000

    • 2 Beds
    • 2 Baths
    • 1,029 Sq Ft
    • 614 Peacock Ln
    • Unit 3
    • Wilmington, NC

    Rare Opportunity with Iconic Views!The open-concept kitchen and living area boasts quartz countertops, an upgraded marble backsplash, Crate & Barrel lighting, stainless steel appliances, and unlacquered brass hardware on the 42'' cabinets. Step out onto your private balcony to take in views of the Rail Trail/Greenway and the One Tree Hill Bridge--an Instagram favorite loved by travelers!The

    Nolan Beaver Coldwell Banker Sea Coast Advantage

    Section Image
  • 416 N 5th Ave Unit 2, Wilmington, NC 28401

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,301 Sq Ft
    • 416 N 5th Ave
    • Unit 2
    • Wilmington, NC

    New Construction of Historical Home! The ''Thaddeus Dickerson'' Home has Been Rebuilt According to Historical Guidelines from the Ground Up and is Plaque Worthy! This Top Floor Floor Unit Boasts Wide Walkway w Separate Entrance. Wide Wooden Stairway with Custom Build Handrail, Board and Batten Wall with Black Craftsman Style Lighting. Family Room w Wide Plank Sherwood Oak LVP Floors, Black and

    Bonnie Chambers Coldwell Banker Sea Coast Advantage

    Section Image
  • 416 N 5th Ave Unit 1, Wilmington, NC 28401

    $460,000

    • 3 Beds
    • 2 Baths
    • 1,272 Sq Ft
    • 416 N 5th Ave
    • Unit 1
    • Wilmington, NC

    New Construction of Historical Home! The ''Thaddeus Dickerson'' Home has Been Rebuilt According to Historical Guidelines from the Ground Up and is Plaque Worthy! This First Floor Unit Boasts Wide Walkway Leading To Covered Front Porch w Original Front Doorway with Sidelights and Transom, 2 Modern Ceiling Fans and Chandelier with Edison Bulbs! Family Room w Wide Plank Sherwood Oak LVP Floors,

    Bonnie Chambers Coldwell Banker Sea Coast Advantage

    Section Image
  • 311 N 2nd St Unit B, Wilmington, NC 28401

    $359,900

    • 1 Bed
    • 1 Bath
    • 725 Sq Ft
    • 311 N 2nd St
    • Unit B
    • Wilmington, NC

    LOCATION, location! Professionally-decorated, Furnished Downtown Condo. Walk to the Riverwalk, Bars & Music Venues! Buyers: short term rentals allowed! Ideal for traveling nurses or AirBnB. Live where history meets nightlife in this stylish, fully furnished 1-bedroom, 1-bath condo in the iconic Pontiac Building a beautifully preserved historic landmark right in the heart of Downtown Wilmington.

    Susan Ayers HomeZu

    Section Image
  • 14 Grace St Unit 1008, Wilmington, NC 28401

    $360,595

    • 1 Bed
    • 1 Bath
    • 738 Sq Ft
    • 14 Grace St
    • Unit 1008
    • Wilmington, NC

    ABSOLUTELY PERFECT! Fantastic city views from this corner condo at the Overlook! AND nice peek-a-boo views of The Cape Fear River. A bonus master den to use as sitting room or office. Double vanity sink and walk-in shower. Pocket doors for privacy to bathroom and walk-in closet. Juliette balcony to enjoy your vista of river and city. This will not last long!

    Stephanie Heller Intracoastal Realty Corporation

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $422,000 None Listed On Document
Interfamily Deed Transfer -- Mortgage Connect Lp
Warranty Deed $240,000 None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $337,600 New Conventional
Previous Owner $158,000 New Conventional
Previous Owner $48,000 Credit Line Revolving
Previous Owner $168,000 New Conventional
Previous Owner $186,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $422,000 -6.1% $311 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
08/25/2024 08/25/24 Price Changed $449,500 -3.3% $331 / Sq Ft
07/12/2024 07/12/24 For Sale $465,000 +93.8% $342 / Sq Ft
03/17/2017 03/17/17 Sold $240,000 -7.3% $170 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
08/13/2016 08/13/16 For Sale $259,000 -- $184 / 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
2024 $2,434 $260,400 $0 $260,400
2023 $2,434 $260,400 $0 $260,400
2022 $2,382 $260,400 $0 $260,400
2021 $2,371 $260,400 $0 $260,400
2020 $2,696 $240,000 $0 $240,000
2019 $2,696 $240,000 $0 $240,000
2018 $2,696 $240,000 $0 $240,000
2017 $2,944 $262,100 $0 $262,100
2016 $2,821 $254,600 $0 $254,600
2015 $2,696 $254,600 $0 $254,600
2014 $2,582 $254,600 $0 $254,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100452598

Hive MLS

APN: R04813-001-007-028