110 North 12th Street

110 North 12th Street has been categorized by the local assessors in Wilmington, NC as a residential type of property. The building on the property was first built in 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 2022. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 110 North 12th Street has 840 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 840 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 4,356 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of asbestos shingle. In terms of heating, it is utilizing a central heating system and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 110 North 12th Street sold most recently in Dec 21, 2020 for a total of $70,000. If you work out the math, that's approximately a cost of $83.33 per sqft. Before that, the property was also sold for $65,000 in Sep 18, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $703 in taxes each year. The initial year of tax delinquency occurred in 2022. 110 North 12th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $83,200. If we break it down further, the land itself was valued at $48,400. Improvements to the property, however, were assessed at a total of $34,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.