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Owner
$606,318
6312 SUGAR PINE DR, WILMINGTON, NC
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
3
sq. ft.
2,768
property type
Single Family Residential
hoa
No

About

Residential
Building Quality B-
Good Condition
Living Area
Underground/Basement
1 Story
No Basement
Central
Central

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
1996
Building Size
2,768 sq ft
Lot Size
14,810 sq ft
Lot Size (Acres)
0.34 acres

Distressed Property Status

In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property

Property Location Details

Parcel Number (APN)
R07812-002-023-000
County
New Hanover County, North Carolina
Metro Area
Wilmington, NC
Zoning
R-15,RESIDENTIAL DISTRICT
Neighborhood/Subdivision
BEAU RIVAGE PLANT. PH1 SEC A
Lot Number
23
School District
New Hanover County Schools
Legal Description
32 BEAU RIVAGE PH I SEC A

Tax & Value Information

Market Value (Total)
$376,600
Building Value
$265,700
Land Value
$110,900
Annual Property Tax
Tax Assessment Year
2024
Assessed Value
$376,600
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
Last Sale Contract Date
9/4/2024
Recording Date
9/9/2024
Sales Document #
2024.22339
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$23,461
Return on Investment
15.60%
After Repair Value
$666,950

Basic Inputs

Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details

Purchase Price
$545,686
Renovation Cost
$30,316
Closing Costs (buying)
$10,914
Holding Costs
$16,556
Selling Costs
$40,017
Total Investment
$150,367
After Repair Value (ARV)
$666,950
Total Costs
$643,489
Estimated Profit
$23,461
Cash Invested
$139,453
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area