$400,000
SOLD FEB 21, 2024
2 Beds
2 Baths
1,146 Sq Ft
$293/mo HOA Fee

Recently Sold

$349 Per Sq Ft

7% Below List Price

85 Days on Market

Highlights

  • Gated Community
  • End Unit
  • Balcony
  • Wood Flooring
  • Covered Patio or Porch
  • Resident Manager or Management On Site

About This Home

As of February 2024

Incredible Opportunity In The Heart of the Brooklyn Arts District of DOWNTOWN Wilmington!!! This corner unit in the Modern Baking Co. building is your opportunity to own a piece of modern luxury that is highly sought-after. The spacious 2 bedroom 2 bath condo has a open floor plan that seamlessly blends the living, dining, and kitchen areas, creating a perfect space for entertaining or simply relaxing in style. The gorgeous hardwoods, 10 ft ceilings and large windows fill this space with amazing natural light. Step out onto your private balcony and take in the energy of the downtown area. This condo is close to Wilson Arts Center, Brooklyn Arts Center, Live Oak Bank Pavilion, Riverwalk on the Cape Fear and some of the most popular shops, restaurants and breweries. The perfect Downtown location!!!! The building is gated for extra security and an elevator for easy accessibility. Schedule your viewing today.

Last Agent to Sell the Property

Cheryl Jenkins

Dianne Perry & Company Listed on: 10/26/2023

Last Buyer's Agent

Brian Whiteside

Monarch Realty Co. License #330261

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,411

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Decorative Fence

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Steel Frame
  • Membrane Roofing
  • Stick Built Home

Interior Spaces

  • 1,146 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Snipes Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R04813-001-007-033

Community Details

Overview

  • Master Insurance
  • Modern Baking Co. Association, Phone Number (910) 509-7281
  • Modern Baking Company Subdivision
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,411

Year Built

Built in 2007

Lot Details

0

HOA Fees

$293 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit, End Unit
  • Year Built: 2007
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 9Ft+ Ceilings, Kitchen Island, Walk-in Shower
  • Laundry Location: Closet
  • List Price per Sq Ft: 375.13
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 1146.00
  • Total Heated Primary Separate Sq Ft: 1146.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: Metal/Ornamental
  • Foundation: Block, Brick/Mortar
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Street Only

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • 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, Natural Gas Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Elevator(s), Gated, Maint - Grounds, Management, Master Insure, Sewer, Termite Bond, Trash, Water
  • HOAAssociationFee1Year: 3520.00
  • HOAAssociationName: Modern Baking Co.
  • HOAAssociationPhone: 9105097281

Lot Info

  • Deed Page: 143.00
  • Plat Book: 17
  • Plat Page: 77
  • Zoning: CBD

Tax Info

  • Tax Identifier: R04813-001-007-033
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2410.71

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Feb 8, 2024
Sold by
Verdinek Robert W and Verdinek Denise
Bought by
Weinbach Jonathan F
Seller's Agent
Cheryl Jenkins
Dianne Perry & Company
Buyer's Agent
Brian Whiteside
Monarch Realty Co.
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$300,000
Outstanding Balance
$295,327
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$173,345

Purchase Details

Listed on
Jul 4, 2022
Closed on
Aug 28, 2022
Sold by
Hill Christon L and Hill Victoria
Bought by
Verdinek Robert W and Verdinek Andrew
Seller's Agent
Chris Luther
eXp Realty
Buyer's Agent
Harold Chappell
NextHome Cape Fear
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$304,266
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2016
Closed on
Apr 28, 2017
Sold by
Urban Holdings Llc
Bought by
Hill Christon L
Seller's Agent
Deb Hays
Intracoastal Realty Corp
Buyer's Agent
Bobby Brandon
Intracoastal Realty Corp
List Price
$275,000
Sold Price
$239,000
Premium/Discount to List
-$36,000
-13.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$244,138
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Feb 24, 2012
Sold by
Indie Ice Co Llc
Bought by
Urban Holdings Llc

Purchase Details

Closed on
Dec 22, 2010
Sold by
Urban Holdings Llc
Bought by
Indie Ice Co Llc

Purchase Details

Closed on
Oct 20, 2008
Sold by
Modern Holdings Llc
Bought by
Urban 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
$236,000
Interest Rate
6.85%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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 $400,000 None Listed On Document
Warranty Deed $340,000 None Listed On Document
Warranty Deed $239,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $532,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $304,266 New Conventional
Previous Owner $244,138 VA
Previous Owner $236,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $460,000 -4.2% $401 / Sq Ft
06/03/2025 06/03/25 For Sale $480,000 +20.0% $419 / Sq Ft
02/21/2024 02/21/24 Sold $400,000 -7.0% $349 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $429,900 +26.4% $375 / Sq Ft
08/29/2022 08/29/22 Sold $340,000 -2.9% $297 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $350,000 -2.8% $305 / Sq Ft
07/06/2022 07/06/22 For Sale $360,000 +50.6% $314 / Sq Ft
05/02/2017 05/02/17 Sold $239,000 -13.1% $225 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $275,000 -- $259 / 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 $2,477 $265,000 $0 $265,000
2023 $2,477 $265,000 $0 $265,000
2022 $2,413 $265,000 $0 $265,000
2021 $2,413 $265,000 $0 $265,000
2020 $2,283 $203,200 $0 $203,200
2019 $2,283 $203,200 $0 $203,200
2018 $2,283 $203,200 $0 $203,200
2017 $2,283 $203,200 $0 $203,200
2016 $2,480 $223,800 $0 $223,800
2015 $2,370 $223,800 $0 $223,800
2014 $2,269 $223,800 $0 $223,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100411578

Hive MLS

APN: R04813-001-007-033