512 Chestnut Street

512 Chestnut Street in Wilmington, NC was first built in 1895 and is 129 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 512 Chestnut Street has 2,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,178 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 3,964 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of steel. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 512 Chestnut Street was last sold in Jul 29, 2019 for $390,000. According to our calculations, that's $162.77 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Aug 23, 1995. Current property owners are expected to pay $3,383 in taxes per year. The property on 512 Chestnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $400,300. To break that down further, the land itself was valued at $123,900. While improvements to the property were assessed at a total of $276,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.