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362 Mercer Ave; Wilmington, NC Property Details

362 Mercer Ave, Wilmington, NC is a Single Family that was built in 1910. This property is currently Financed and is for sale. Our records show that 362 Mercer Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,320 square feet. The lot size of 362 Mercer Ave is 10,890 square feet.

On Market for 2 days
362 Mercer Ave Wilmington, NC 28403
$349,900 Listing Price
2 Beds
2 Baths
1,320 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1910
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $25,000
  • Est. Equity / %: $275,000 / 91.67%
  • Gross Yield: 3.45%
  • APN: R05505-002-035-000
  • Situs County: New Hanover
  • Length Of Ownership: 1 year, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Asbestos shingle
  • Building Condition: Average
  • Building Quality: C
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,320/SqFt
  • Lot: 10,890/SqFt
  • Living: 1,320/SqFt
  • Basement: 1,320/SqFt
  • Building: 1,320/SqFt
  • Ground: 1,320/SqFt
  • Basement Finished: 1,320/SqFt
  • Price Per Square Foot: $121.21

Legal Description

  • Description: LOT 4 W MERCER PL BLK 12
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.23313 / -77.906
  • Subdivision: Mercer Place West Blk 13
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 0733
  • Bathroom Fixtures: 8
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

362 Mercer Ave has no associated ownership info
362 Mercer Ave has no associated ownership info.

Taxes

362 Mercer Ave has 10 associated Taxes items

362 Mercer Ave, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $313,800. The APN we've located for 362 Mercer Ave is R05505-002-035-000.

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Taxes
  • Assessed Value:  $313,800
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R05505-002-035-000
  • Assessed Land Value:  86200
  • Market Land Value:  86200
  • Tax Amount:  1846.72
  • Tax Year:  2025
  • Market Value:  313800
  • Market Year:  2026

Tax History

362 Mercer Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $313,800 Land Value $86,200 Improvement Value $227,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,846.72 Change Rate +0.717368% Assessed CR Tax Rate
Year 2024 Assessed Value $123,600 Land Value $48,400 Improvement Value $75,200 Tax Amount $1,075.32 Change Rate +0.029586% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $123,600 Land Value $48,400 Improvement Value $75,200 Tax Amount $1,044.42 Change Rate -0.005882% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $123,600 Land Value $48,400 Improvement Value $75,200 Tax Amount $1,050.6 Change Rate -0.006778% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $123,600 Land Value $48,400 Improvement Value $75,200 Tax Amount $1,057.77 Change Rate +0.045992% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $96,000 Land Value $28,500 Improvement Value $67,500 Tax Amount $1,011.26 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $96,000 Land Value $28,500 Improvement Value $67,500 Tax Amount $1,011.26 Change Rate Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $96,000 Land Value $28,500 Improvement Value $67,500 Tax Amount $1,011.26 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $96,000 Land Value $28,500 Improvement Value $67,500 Tax Amount $1,011.26 Change Rate -0.199395% Assessed CR Tax Rate +0.010534%
Year 2016 Assessed Value $114,000 Land Value $27,000 Improvement Value $87,000 Tax Amount $1,263.12 Change Rate +0.04627% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $114,000 Land Value $27,000 Improvement Value $87,000 Tax Amount $1,207.26 Change Rate +0.044379% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $114,000 Land Value $27,000 Improvement Value $87,000 Tax Amount $1,155.96 Change Rate Assessed CR Tax Rate +0.01014%