NOT LISTED FOR SALE

820 Nixon St Unit A, B, C, D Wilmington, NC 28401

Northside Neighborhood

Estimated Value: $1,068,000 - $1,272,000

12 Beds
8 Baths
-- Sq Ft
8,799 Sq Ft Lot

Last Sold February 02, 2024

Last sale price $1,050,000

Est. 10% increase in value since last sale

Current estimated payment $6,610/month

111 Days on Market

Highlights

  • 0.2 Acre Lot
  • Patio
  • Central Air
  • Balcony
  • Luxury Vinyl Plank Tile Flooring
  • Ceiling Fan

About This Home

As of February 2024

Looking for an investment opportunity? You found it! This is one of 3 available, brand-new quadruplexes. Please note this listing is for 1 building only, totaling 4 units. Each unit is move in ready with three bedrooms and two full bathrooms, private entrances for tenant security and exclusivity, and new stainless-steel appliances. Off-street parking available per unit with overflow parking on the street. Each unit is metered individually for power, and water/sewer is all on one meter per building. With four individual rentals, this quadruplex offers robust income potential, making it an attractive choice for those seeking reliable returns. The downtown location promises long-term appreciation potential as the area continues to thrive.

Last Agent to Sell the Property

Aspyre Realty Group

eXp Realty Listed on: 09/13/2023

eXp Realty

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,138

Year Built

  • Built in 2023

Lot Details

  • 8,799 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 8 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Parking

  • Lighted Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Brooklyn Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04809-026-010-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,138

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Flooring: LVT/LVP
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Wash/Dry Connect
  • List Price per Sq Ft: 206.77
  • Total Bathrooms: 8.00
  • Number Bedrooms Total: 12

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Gravel, Lighted, Off Street, On Site, Parking Lot, Shared

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric
  • Sewer: Connected
  • Water Source: Water Connected

Association/Amenities

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

Lot Info

  • Deed Page: 1168.00
  • Lot Acres: 0.20
  • Lot Dimensions: irregular
  • Lot Sq Ft: 8799.00
  • Plat Book: 72
  • Plat Page: 108
  • Zoning: R-3

Tax Info

  • Tax Identifier: R04809-026-010-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 5137.60

Multi Family

  • Number Total Units: 4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 25, 2024
Sold by
Mcrae 1-3 Llc
Bought by
Liberty Properties Llc
Seller's Agent
Aspyre Realty Group
eXp Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
24
Current Estimated Value
$1,158,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,912
Avg. Annual Appreciation
6.05%
Original Mortgage
$575,850
Outstanding Balance
$566,886
Interest Rate
7.28%
Mortgage Type
New Conventional
Estimated Equity
$592,026

Purchase Details

Closed on
Jun 7, 2023
Sold by
Revitalize Ilm Llc
Bought by
Mcrae 1-3 Llc

Purchase Details

Closed on
Mar 2, 2021
Sold by
Bell Shawn and Bell Nequan
Bought by
Revitalize Ilm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2014
Sold by
Cromartie Michael J
Bought by
Cromartie Fields Johnnie S

Purchase Details

Closed on
Apr 1, 1985
Sold by
City Of Wilm
Bought by
Cromartie Michael J

Purchase Details

Closed on
Jan 1, 1978
Bought by
City Of Wilm
Source: Public Records

Range of Values:

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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
Liberty Properties Llc $1,050,000 None Listed On Document
Mcrae 1-3 Llc $3,000,000 None Listed On Document
Mcrae 1-3 Llc $3,000,000 None Listed On Document
Revitalize Ilm Llc $1,600,000 None Available
Cromartie Fields Johnnie S -- None Available
Cromartie Michael J $6,500 --
City Of Wilm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberty Properties Llc $575,850
Previous Owner Revitalize Ilm Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $1,050,000 -4.5% --
01/02/2024 01/02/24 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,100,000 -- --
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 $5,290 $608,000 $50,500 $557,500
2023 $5,290 $608,000 $50,500 $557,500
2022 $437 $51,400 $51,400 $0
2021 $440 $51,400 $51,400 $0
2020 $429 $40,700 $40,700 $0
2019 $429 $40,700 $40,700 $0
2018 $429 $40,700 $40,700 $0
2017 $429 $40,700 $40,700 $0
2016 $404 $36,500 $36,500 $0
2015 $387 $36,500 $36,500 $0
2014 $370 $36,500 $36,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Aspyre Realty Group

    Seller's Agent in 2024

    Aspyre Realty Group

    eXp Realty

    (910) 200-6113

    11 in this area

    574 Total Sales

    Aspyre Realty Group
    Section Image

  • A

    Buyer's Agent in 2024

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100404766

Hive MLS

APN: R04809-026-010-000

North Carolina New Hanover County Wilmington 28401 Northside

820 Nixon St Unit A, B, C, D, Wilmington, NC

This home is located at 820 Nixon St Unit A, B, C, D, Wilmington, NC 28401 since 13 September 2023 and is currently estimated at $1,158,912. This property was built in 2023. 820 Nixon St Unit A, B, C, D is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS 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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