416 S Front Street, Wilmington, NC 28401 (MLS# 100047670)


$800,000
416 S Front Street
Wilmington, NC 28401
MLS# 100047670
Status: Closed
7 beds  |  7 baths  |  6582 sqft


416 S Front Street, Wilmington, NC 28401
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416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401 416 S Front Street, Wilmington, NC 28401

Property Description
Historic river view investment property with 7 one bedroom apartments. The William B. Meares House, a handsome brick 3 story in the Greek Revival style, was originally constructed in 1826 and moved to its present location on a large lot overlooking the Cape Fear River in 1887. In 1986 the 6,060 sf main house was converted into 6 one bedroom apartments. The 522 sf one story out building is the 7th apartment

Details
Maps
Contract Info
Status: Closed
Effective Date: 2017-02-09
Delayed Marketing Date (DM): 2017-02-09
Sub-Type: Quadruplex
Auction: No
Listing Price: 875000
Current Price: $800,000
List Price/SqFt: 132.94
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 416
Pre Direction: S
Street Name: Front
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Historic District
Secondary Subdivision: N/A
Geo Lat: 34.229533
Geo Lon: -77.948564
Remarks and Showing
Directions to Property: Market Street to Downtown, Left on Front St., House on Right after Gov. Dudley Mansion between Nun and Church St.
Sign on Property: Yes
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.39
Lot SqFt: 17076
Lot Dimensions: 250x66x285x68
Waterfront: No
Waterview: Yes
Location Type: Mainland
# Bedrooms: 7
# Baths - Total: 7
SqFt - Heated (Primary): 6582
# Total Units: 7
Stories: 3
Owner Occupied: No
Property Mgmt Company: Yes
Financials Available: Yes
Legal and Taxes
Tax Assessed Value: 513000
Deed Book: 1917
Deed Page: 1
Legal: E 4 WILMINGTON BLK 99
PID: R05308-013-006-000
Tax Identifier: R05308-013-006-000
Special Assessments: None
Tax Year: 2015
Year Built: 1826
Zoning: HD-R
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Williams
Middle School: Williston
High School: New Hanover
School District: New Hanover
Status Change Info
Under Contract Date: 2017-08-17
Sold Price: $800,000
Sold Date: 2017-10-30
Current Service Providers
Electric Provider: Duke Progress Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Side/Unit 2
# of Bedrooms: 1
Full Baths: 7
Avg SqFt: 850
Occupied: Yes
Property Features
View Type: River View
Attic: Access Only
Basement: Finished - No
Construction: Brick/Stone
Exterior Features: None
Exterior Finish: Brick
Fencing: None
Foundation: Brick/Mortar
Fuel Tank: None
Parking Features: Street Only
Patio and Porch Features: Porch
Pool/Spa: None
Roof: Metal
Stories/Levels: 3rd Floor
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central
Heating: Heat Pump
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: Refrigerator; Stove/Oven - Electric
Fireplace: 3+
Flooring: Vinyl; Wood
Interior Features: 9Ft+ Ceilings
Side/Unit 2 Cooling: Central
Side/Unit 2 Heating: Heat Pump
Side/Unit 2 Appliance: Refrigerator; Stove/Oven - Electric
Side/Unit 2 Rent Frequency: Monthly
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional

Listing Office: Landmark Sotheby's International Realty

Last Updated: January - 16 - 2020

416 S Front Street, Wilmington, NC 28401 - MLS# 100047670
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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