$246,000
SOLD JUN 5, 2017
2 Beds
2 Baths
1,060 Sq Ft
$236/mo HOA Fee

Recently Sold

$232 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Water Views
  • End Unit
  • Balcony
  • Gated Community
  • Solid Surface Countertops
  • Resident Manager or Management On Site

About This Home

As of August 2019

Beautiful 3rd floor end unit in the thriving Brooklyn Arts District of Downtown Wilmington. Floor to ceiling windows allow for tons of natural light to pour in. Modern kitchen and baths with granite counter tops. Enjoy your morning coffee or a glass of wine on the balcony with views of the Cape Fear River. One block from the new Wilson Center Performance Theater.

Last Agent to Sell the Property

Bobby Brandon

Intracoastal Realty Corp Listed on: 04/05/2017

Intracoastal Realty Corp

Last Buyer's Agent

Robin Carroll

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Decorative Fence

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Membrane Roofing
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Water Views
  • Termite Clearance
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water

Listing and Financial Details

  • Assessor Parcel Number R04813-001-007-038

Community Details

Overview

  • Modern Baking Company Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,267

Year Built

Built in 2007

Lot Details

0

HOA Fees

$236 per month

Listing Details

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

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Walk-in Shower, Solid Surface
  • List Price per Sq Ft: 236.51
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 1 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1060.00
  • Total Heated Primary Separate Sq Ft: 1060.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Composition
  • Fencing: Metal/Ornamental
  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Water, Trash, Termite Bond, Sewer, Management, Maintenance Structure, Maint - Comm Areas
  • HOAAssociationFee1Year: 2828.00

Lot Info

  • Deed Page: 503.00
  • Zoning: CBD
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: R04813-001-007-038
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Jul 19, 2019
Sold by
Monroe Kelley Scott and Howell Kelley Lori
Bought by
Cope Mary Kathryn Layne
Seller's Agent
Sherry Kent
Shaw Real Estate, LLC
Buyer's Agent
Sherry Kent
Shaw Real Estate, LLC
Sold Price
$1,650
Current Estimated Value
$411,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,730
Avg. Annual Appreciation
6.73%
Original Mortgage
$198,500
Outstanding Balance
$175,821
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$228,623

Purchase Details

Listed on
Apr 5, 2017
Closed on
Jun 2, 2017
Sold by
Clark Jeffrey D and Clark Debra T
Bought by
Kelley Scott Monroe and Kelley Lori Howell
Seller's Agent
Bobby Brandon
Intracoastal Realty Corp
Buyer's Agent
Robin Carroll
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$250,700
Sold Price
$246,000
Premium/Discount to List
-$4,700
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$184,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2012
Closed on
Dec 29, 2014
Sold by
4Th Street Properties Llc
Bought by
Clark Jeffrey D and Clark Debra T
Seller's Agent
John Horton
Laney Real Estate Co.
Buyer's Agent
Alexander Koonce
Intracoastal Realty Corp
List Price
$249,900
Sold Price
$179,000
Premium/Discount to List
-$70,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$161,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Modern Holdings Llc
Bought by
4Th Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 $274,500 None Available
Warranty Deed $246,000 None Available
Warranty Deed $179,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,500 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $161,000 New Conventional
Previous Owner $183,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2019 08/10/19 Rented $1,650 -2.7% --
08/10/2019 08/10/19 For Rent $1,695 0.0% --
08/06/2019 08/06/19 Sold $274,500 +4.0% $267 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $264,000 +7.3% $257 / Sq Ft
06/05/2017 06/05/17 Sold $246,000 -1.9% $232 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $250,700 +40.1% $237 / Sq Ft
12/29/2014 12/29/14 Sold $179,000 +14816.7% $171 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
10/21/2013 10/21/13 Rented $1,200 -99.5% --
10/21/2013 10/21/13 Under Contract -- -- --
03/16/2012 03/16/12 For Sale $249,900 0.0% $239 / Sq Ft
03/03/2011 03/03/11 For Rent $1,100 -- --
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 $2,267 $242,500 $0 $242,500
2022 $2,218 $242,500 $0 $242,500
2021 $2,208 $242,500 $0 $242,500
2020 $2,091 $186,100 $0 $186,100
2019 $2,091 $186,100 $0 $186,100
2018 $2,091 $186,100 $0 $186,100
2017 $2,091 $186,100 $0 $186,100
2016 $2,271 $205,000 $0 $205,000
2015 $2,171 $205,000 $0 $205,000
2014 $2,079 $205,000 $0 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100056466

Hive MLS

APN: R04813-001-007-038