Large Location Icon

119 Chestnut St; Wilmington, NC Property Details

119 Chestnut St, Wilmington, NC is a Vacant Parcels W/ Imp. that was built in 2025. This property is currently Financed and is not for sale. Our records show that 119 Chestnut St has a total of 68,502 square feet. The lot size of 119 Chestnut St is 21,039 square feet.

Off market
121 Chestnut St Wilmington, NC 28401
$12,785,900 Estimated Value
68,502 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2025
  • Purchase Price: $8,000,000
  • Open Loans / Balance: 2 / $20,049,496
  • APN: R04720-006-012-000
  • Situs County: New Hanover
  • Length Of Ownership: 3 years, 2 months

Structure

  • Stories: 5
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Porch Type: Open

Measurements

  • Total: 68,502/SqFt
  • Lot: 21,039/SqFt
  • Gross: 68,502/SqFt
  • Building: 68,502/SqFt
  • Price Per Square Foot: $116.78

Legal Description

  • Description: E END 6 PT 5 EM 5/6 PT 4
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.237934 / -77.948074
  • Subdivision: 0115 N/W Wilmington
  • Property Class: Residential
  • Zoning: CBD,CENTRA

Amenities

  • Plus Four: 3900
  • Cooling: Packaged Unit
  • Heating: Forced air unit

Ownership Info

121 Chestnut St has no associated ownership info
121 Chestnut St has no associated ownership info.

Taxes

121 Chestnut St has 8 associated Taxes items

119 Chestnut St, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $12,785,900. The APN we've located for 119 Chestnut St is R04720-006-012-000.

Unlock the full report
Taxes
  • Assessed Value:  $12,785,900
  • Assessed Year:  2025
  • Assessed County:  New Hanover
  • APN:  R04720-006-012-000
  • Assessed Land Value:  1408700
  • Market Land Value:  1408700
  • Market Value:  12785900
  • Market Year:  2025

Tax History

121 Chestnut St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,785,900 Land Value $1,408,700 Improvement Value $11,377,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $3,414,000 Land Value $439,500 Improvement Value $2,974,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $3,589,600 Land Value $439,500 Improvement Value $3,150,100 Tax Amount $32,654.59 Change Rate -0.005466% Assessed CR Tax Rate +0.009097%
Year 2022 Assessed Value $3,589,600 Land Value $439,500 Improvement Value $3,150,100 Tax Amount $32,834.07 Change Rate +0.004613% Assessed CR Tax Rate +0.009147%
Year 2021 Assessed Value $3,589,600 Land Value $439,500 Improvement Value $3,150,100 Tax Amount $32,683.31 Change Rate -0.250175% Assessed CR Tax Rate +0.009105%
Year 2020 Assessed Value $3,880,000 Land Value $475,200 Improvement Value $3,404,800 Tax Amount $43,587.92 Change Rate Assessed CR Tax Rate +0.011234%
Year 2019 Assessed Value $2,620,000 Land Value $475,200 Improvement Value $2,144,800 Tax Amount $43,587.92 Change Rate +0.480916% Assessed CR Tax Rate +0.016637%
Year 2018 Assessed Value $2,620,000 Land Value $475,200 Improvement Value $2,144,800 Tax Amount $29,433.08 Change Rate Assessed CR Tax Rate +0.011234%
Year 2017 Assessed Value $2,620,000 Land Value $475,200 Improvement Value $2,144,800 Tax Amount $29,433.08 Change Rate -0.048187% Assessed CR Tax Rate +0.011234%
Year 2016 Assessed Value $2,790,900 Land Value $475,200 Improvement Value $2,315,700 Tax Amount $30,923.18 Change Rate +0.04627% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $2,790,900 Land Value $475,200 Improvement Value $2,315,700 Tax Amount $29,555.64 Change Rate +0.044379% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $2,790,900 Land Value $475,200 Improvement Value $2,315,700 Tax Amount $28,299.73 Change Rate Assessed CR Tax Rate +0.01014%