NOT LISTED FOR SALE

Estimated Value: $360,486 - $514,000

4 Beds
2 Baths
1,475 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $400,000 $271 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,596/month

167 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Concrete Flooring
  • John T. Hoggard High School Rated A-
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of April 2024

Newly renovated duplex with two bedrooms and one bath each side. Ample parking and separate private fenced yards make these units ideal for long or short term rental in the heart of the Castle Street district and in easy distance to fine dining as well as yoga, Luna Cafe for coffee, shops and a wine shop. Just a few blocks in the other direction will have you in the Cargo District, with all of the popular businesses there! This easy care duplex with all new appliances, updated bathrooms and ample bedrooms will be very popular for anyone wanting to experience the fun of downtown Wilmington! Fall through due to buyer financing (for multiple parcels). No inspections or appraisals have been done.

Last Agent to Sell the Property

Jan Brewington

Dram Tree Realty License #203985 Listed on: 09/09/2023

Last Buyer's Agent

Michelle Clark

Intracoastal Realty Corp License #237024

Intracoastal Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1987

Lot Details

  • 4,574 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Combination Dining and Living Room
  • Concrete Flooring
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Dishwasher

Schools

  • Snipes Elementary School
  • Williston Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05410-004-007-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,213

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Concrete
  • Interior Amenities: None
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 262.31
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Finish: Block
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air
  • 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, Natural Gas Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Sewer: Connected
  • Water Source: Water Connected

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 2239.00
  • Lot Acres: 0.10
  • Lot Dimensions: irregular
  • Lot Sq Ft: 4574.00
  • Zoning: R-3

Tax Info

  • Tax Identifier: R05410-004-007-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2213.06

MLS Schools

  • Elementary School: Snipes
  • High School: Hoggard
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Apr 8, 2024
Sold by
Castle Street Realty Llc
Bought by
815 Van Ambridge Alley Llc
Seller's Agent
Jan Brewington
Dram Tree Realty
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$419,700
Sold Price
$400,000
Premium/Discount to List
-$19,700
-4.69%
Views
85
Current Estimated Value
$458,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,122
Avg. Annual Appreciation
8.52%
Original Mortgage
$300,000
Outstanding Balance
$293,277
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$164,845

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 8, 2021
Sold by
Campell Irene Grainger and Esate Of Willie Crainger Sr
Bought by
Castle Street Realty Llc
Seller's Agent
Gwen Flowers
G. Flowers Realty
Buyer's Agent
Gwen Flowers
G. Flowers Realty
List Price
$159,000
Sold Price
$115,000
Premium/Discount to List
-$44,000
-27.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.34%

Purchase Details

Closed on
Jan 1, 2001
Bought by
N H Co & City Wilm

Purchase Details

Closed on
Mar 13, 1990
Sold by
Grainger Willie
Bought by
Grainger Willie Hrs

Purchase Details

Closed on
Jan 1, 1990
Sold by
Grainger Willie Hrs
Bought by
Campbell Irene Grainger

Purchase Details

Closed on
May 1, 1985
Sold by
N H Co & City Wilm
Bought by
Grainger Willie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
815 Van Ambridge Alley Llc $400,000 None Listed On Document
815 Van Ambridge Alley Llc $400,000 None Listed On Document
Castle Street Realty Llc -- None Listed On Document
N H Co & City Wilm -- --
Grainger Willie Hrs -- --
Campbell Irene Grainger -- --
Grainger Willie $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 815 Van Ambridge Alley Llc $300,000
Closed 815 Van Ambridge Alley Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Sold $400,000 -4.7% $271 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $419,700 0.0% $285 / Sq Ft
02/03/2024 02/03/24 Off Market $419,700 -- --
01/30/2024 01/30/24 Price Changed $419,700 -2.4% $285 / Sq Ft
12/08/2023 12/08/23 Price Changed $429,900 -2.3% $291 / Sq Ft
10/23/2023 10/23/23 Price Changed $439,900 -2.2% $298 / Sq Ft
10/20/2023 10/20/23 For Sale $449,900 0.0% $305 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $449,900 -5.2% $305 / Sq Ft
09/09/2023 09/09/23 For Sale $474,500 +312.6% $322 / Sq Ft
06/11/2021 06/11/21 Sold $115,000 -27.7% $78 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $159,000 -- $108 / 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 $2,246 $381,700 $73,300 $308,400
2024 $2,279 $261,900 $36,100 $225,800
2023 $2,213 $261,900 $36,100 $225,800
2022 $2,226 $261,900 $36,100 $225,800
2021 $2,241 $261,900 $36,100 $225,800
2020 $901 $85,500 $10,700 $74,800
2019 $901 $85,500 $10,700 $74,800
2018 $901 $85,500 $10,700 $74,800
2017 $901 $85,500 $10,700 $74,800
2016 $495 $44,700 $1,900 $42,800
2015 $473 $44,700 $1,900 $42,800
2014 $453 $44,700 $1,900 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100404143

Hive MLS

APN: R05410-004-007-000