462 Racine Drive, Unit 3S

Wilmington, NC 28403

$427,000
Price
6
Beds
6
Baths
2,200 Sq. Ft.
$194 / Sq. Ft.
2,200
Sq. Ft.
$194
per Sq. Ft.

Description

Three Condominium property portfolio that has 6 individual tenants. Each Condo-unit has two bedrooms, two bathroom and shares a common area kitchen-dining space. Each unit has it own entrance. Currently on-site management is in place and buyer has the opens to self-manage. Property has onsite laundry, pool and picnic areas. Close to UNCW, businesses, services, shopping and so much more....Three Condominium property portfolio that has 6 individual tenants. Each Condo-unit has two bedrooms, two bathroom and shares a common area kitchen-dining space. Each unit has it own entrance. Currently on-site management is in place and buyer has the opens to self-manage. Property has onsite laundry, pool and picnic areas. Close to UNCW, businesses, services, shopping and so much more....
  1. Listed by Jeffrey G Hovis • Intracoastal Realty Corp
  2. Listed by Sky Grainger • Intracoastal Realty Corp

Property Details for 462 Racine Drive, Unit 3S

Parking Features
Parking Lot, Asphalt
Subdivision Name
Campus Edge
Zoning
MF-H
Parking Total
.00
Waterfront
No

Location

Listing Courtesy of Intracoastal Realty Corp
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LISTING UPDATED: 04/01/2024 10:13 PM

Property Details for 462 Racine Drive, Unit 3S

StatusActive
MLS #100421406
Days on Market124
Taxes-
HOA Fees$12,846 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1984
Lot Size-
CountyNew Hanover County

Location

Listing Courtesy of Intracoastal Realty Corp
Add your commute

Building Information for 462 Racine Drive, Unit 3S

Stories2Residences-Year Built1984Building Size-Lot Size-

Payment Calculator

$3,401 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,330

Property Taxes

—

HOA Dues

$1,071

The Payment Calculator is for illustrative purposes only.

Property Information for 462 Racine Drive, Unit 3S

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28403
  • County Or Parish: New Hanover
  • Directions: From Market Street, merge on to North College Road(heading south), Turn left on New Center Drive, turn right on Racine Drive and turn right into Campus Edge.
  • Latitude: 34.23
  • Longitude: -77.87
  • Number Of Units In Community: 3
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: No
  • Property Exterior Interior Info: Location Type: Mainland
  • Where Located: Onsite mgmt office
  • Legal and Taxes: Zoning Details: MF-H
Taxes and HOA
  • Association Name: Campus Edge Condo Association
  • Association Phone: 910-395-6001
  • Tax Other Assessment Amount Frequency: none known
  • Association Fee: $12,846.00
  • Tax Legal Description: Unit C-109 Campus Edge Unit B-104 Ph 1 Campus Edge Unit A-201 Campus Edge
  • Tax Book Number: 0
  • Tax Map Number: R05508-002-015-065
  • Tax Year: 2023
  • Tax Assessed Value: $207,300.00
  • Parcel Number: R05508-002-015-131
  • Tax Block: 0
  • Association: Yes
  • Legal and Taxes: HOA: Yes
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6214
  • Legal and Taxes: Deed Page: 2811.0
  • Legal and Taxes: Legal: Unit C-109 Campus Edge Unit B-104 Ph 1 Campus Edge Unit A-201 Campus Edge
  • Legal and Taxes: PID: R05508-002-015-065
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $207,300.00
  • Legal and Taxes: Tax Year: 2023
  • HOA Amenities: Access Only: Yes
Parking
  • Other Parking: parking lot
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
School Information
  • Middle Or Junior School: Williston
  • High School: New Hanover
  • Elementary School: College Park
  • Legal and Taxes: Elementary School: College Park
  • Legal and Taxes: Middle School: Williston
  • Legal and Taxes: High School: New Hanover
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: Condominium
  • Building Area Total: 2200.0
  • Lot Size Square Feet: 0.0
  • Property Exterior Interior Info: Lot Dimensions: Condominium
  • Lot #5: 0
  • Property Exterior Interior Info: Lot Acres: 0.0
  • Property Exterior Interior Info: Lot Sq Ft: 0.0
  • Side Unit 1: Avg Sq Ft: 753.0
  • Side Unit 2: Avg Sq Ft: 753.0
  • Side Unit 3: Avg Sq Ft: 694.0
Property and Assessments
  • New Construction: No
  • Year Built: 1984
  • Legal and Taxes: Federal Flood Insurance Available: Yes
  • Legal and Taxes: Special Assessments: none known
  • Construction: Block: Yes
  • Foundation: Slab: Yes
Green Features
  • Green Building Certify: None19: Yes
Utilities
  • Sewer: Municipal Sewer
  • Utilities: Water Connected, Sewer Connected
  • Water Source: Municipal Water
  • Service Providers: Electric Provider: Duke Progress Energy
  • Service Providers: Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Stories Levels: 3rd Floor: Yes
  • Association Amenities: Coin Laundry, Community Pool, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Master Insure, Pest Control, Roof, Street Lights, Termite Bond, Trash
  • Construction Materials: Block, Stucco
  • Roof: True
  • Fencing: None
  • Accessibility Features: None
  • Exterior Features: None
  • Patio And Porch Features: See Remarks
  • Exterior Finish: Stucco: Yes
  • Fencing: None: Yes
  • Fuel Tank: None: Yes
  • Pool Spa: In Ground: Yes
  • Roof: See Remarks: Yes
  • HOA and Neigh Amenities: Pest Control: Yes
  • HOA and Neigh Amenities: Street Lights: Yes
  • HOA and Neigh Amenities: Termite Bond: Yes
  • Foundation Details: Slab
Interior Features
  • Levels: 3rd Floor
  • Flooring: Tile
  • Interior Features: None
  • Basement: None
  • Cooling: Central Air
  • Fireplace Features: None
  • Heating: Electric, Forced Air
  • Laundry Features: Inside
  • Appliances: Stove/Oven - Electric, Refrigerator
  • Bathrooms Total Integer: 6
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Notational: 6.00
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: No
  • Bedrooms Total: 6
  • # Baths - Total: 6.00
  • Handicap Accessible: None: Yes
  • Accessibility: Kitchen: Yes
  • Flooring: Tile: Yes
  • Cooling System: Central: Yes
  • Heating System: Electric: Yes
  • Appliances Equip: Refrigerator: Yes
  • Rooms: Kitchen: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: Yes
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 3.00
Income & Expenses Information
  • Gross Income: $46,980.00
Unit 1
  • Total Rooms: 3
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,350.00
  • Features: Patio Balcony Deck: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central2: Yes
  • Heating: Electric: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: Trash Removal6: Yes
  • Owner Pays: WaterSewer: Yes
  • Owner Pays: None43: Yes
Unit 2
  • Total Rooms: 3
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,290.00
  • Occupied: Yes
  • Features: Patio Balcony Deck: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: HOA: Yes
  • Owner Pays: WaterSewer: Yes
Unit 3
  • Total Rooms: 3
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,275.00
  • Occupied: Yes
  • Features: Kitchen: Yes
  • Features: Patio Balcony Deck: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
Unit 4
  • Occupied: Yes
  • Cooling: See Remarks: Yes
  • Owner Pays: HOA: Yes
Rental
Rental Information
  • Side Unit 2 Rent Frequency: Monthly: Yes
  • Property Exterior Interior Info: Pets: No

Property History for 462 Racine Drive, Unit 3S

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 462 Racine Drive, Unit 3S

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
College Park Elementary at Sidbury Road
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

Isaac M Bear High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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462 Racine Drive, Unit 3S is a multi-family home for sale in Wilmington, NC 28403. This property was listed for sale on January 10, 2024 by Intracoastal Realty Corp, it's currently listed at $427,000. This listing's school district is New Hanover County School District. Nearby schools include College Park Elementary at Sidbury Road, Williston Middle and New Hanover High. 462 Racine Drive, Unit 3S is a 6-bed, 6-bath, 2,200 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intracoastal Realty Corp

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