Seller's Agent in 2020
Jeff Hovis
Intracoastal Realty Corp
(910) 256-4503
45 in this area
262 Total Sales
813 S 16th St Wilmington, NC 28401
Dry Pond-South Side Neighborhood
--
Bed
--
Bath
7,125
Sq Ft
0.93
Acres
Highlights
- 0.93 Acre Lot
- Corner Lot
- Tile Flooring
- John T. Hoggard High School Rated A
- No HOA
- Central Air
About This Home
As of December 2020This Commercial Property is located in the City of Wilmington's Urban Mixed Use District. Property consists of two separate structures totaling 7,125 SF positioned one of two combined parcels consisting of approximately 39750 SF(.91 acres). The building close to S 16th street is made up of Retail/Office/Activity Space of 3,452 SF. This space is currently the home of Port City Escape Room. The business is not included in the sale of real estate and is still operating and will relocate. On the east side of the property there is a Warehouse Space consisting of 3,673 SF with a loading dock and wide open work areas. The property adjoining to the south, that is on Dawson Street, is a .54 acre clear lot currently used as a parking lot that is in addition to the parking on the north side of the property.This property is located near a high traffic, well defined, traffic light controlled, high visibility intersection. This property is within minutes of Downtown, Hospital Corridor, Container District, Castle Street, Mid-town and many residential neighborhoods.The Urban Mixed Use district zoning opens up the potential development of this site. The upgrades to the existing buildings and the access to parking enable a business to move right in or enable an investor to lease to multiple tenants at a nice return. The opportunity is wide open.
Last Agent to Sell the Property
Intracoastal Realty Corp License #234605 Listed on: 09/02/2020
Property Details
Property Type
- Other
Est. Annual Taxes
- $6,423
Year Built
- Built in 1945
Lot Details
- 0.93 Acre Lot
- Lot Dimensions are 180 x 221
- Corner Lot
- Property is zoned UMX
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Membrane Roofing
- Metal Roof
- Block Exterior
Interior Spaces
- 7,125 Sq Ft Home
- Crawl Space
Flooring
- Laminate
- Concrete
- Tile
Parking
- Private Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number R05411-013-002-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2020
Closed on
Dec 16, 2020
Sold by
Yog World Domination Llc
Bought by
Boati Llc
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$1,040,000
Sold Price
$940,000
Premium/Discount to List
-$100,000
-9.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,000
Outstanding Balance
$753,192
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 13, 2015
Sold by
Barker Rorothy H and The Dorothy H Baker Revocable
Bought by
Yog World Domination Llc
Purchase Details
Closed on
Sep 18, 2006
Sold by
Baker J Norman and Baker Dorothy H
Bought by
Baker Dorothy H and Dorothy H Baker Revocable Trus
Purchase Details
Closed on
Jan 1, 2001
Bought by
Keller Patricia Ann
Purchase Details
Closed on
Jul 9, 1996
Sold by
Lindsey Patricia A Frank L
Bought by
Baker J Norman Dorothy H
Purchase Details
Closed on
Jan 30, 1991
Sold by
Keller Patricia Ann
Bought by
Lindsey Patricia Ann Keller
Purchase Details
Closed on
Jan 3, 1990
Sold by
Keller Billy F Patricia A
Bought by
Keller Patricia Ann
Purchase Details
Closed on
Dec 1, 1982
Sold by
Keller Patricia Ann
Bought by
Keller Billy F Patricia A
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boati Llc | $940,000 | None Available | |
| Yog World Domination Llc | $340,000 | None Available | |
| Baker Dorothy H | -- | None Available | |
| Keller Patricia Ann | -- | -- | |
| Baker J Norman Dorothy H | $225,000 | -- | |
| Lindsey Patricia Ann Keller | -- | -- | |
| Keller Patricia Ann | $50,000 | -- | |
| Keller Billy F Patricia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boati Llc | $846,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $940,000 | -9.6% | $132 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | For Sale | $1,040,000 | -- | $146 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $6,148 | $868,000 | $110,500 | $757,500 |
| 2024 | $6,148 | $706,700 | $134,900 | $571,800 |
| 2023 | -- | $706,700 | $134,900 | $571,800 |
| 2022 | $0 | $706,700 | $134,900 | $571,800 |
| 2021 | $0 | $706,700 | $134,900 | $571,800 |
| 2020 | $3,895 | $369,800 | $158,000 | $211,800 |
| 2019 | $3,895 | $369,800 | $158,000 | $211,800 |
| 2018 | $3,895 | $369,800 | $158,000 | $211,800 |
| 2017 | $3,895 | $369,800 | $158,000 | $211,800 |
| 2016 | $3,824 | $345,100 | $158,000 | $187,100 |
| 2015 | $3,655 | $345,100 | $158,000 | $187,100 |
| 2014 | $3,499 | $345,100 | $158,000 | $187,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hovis
-
Vance Young
Buyer's Agent in 2020
Vance Young
Intracoastal Realty Corp
(910) 232-8850
2 in this area
863 Total Sales
Map
Source: Hive MLS
MLS Number: 100234972
APN: R05411-013-002-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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