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101 Edgewater Lane

101 Edgewater Lane, Wilmington, NC 28403
Property in Edgewater
Sold Jul 28, 2022
$2,350,000
$1,997,500 by Atlantic Bay Mortgage Group Ll
Mortgage Due Aug 01, 2052
Sold Jun 11, 2021
$1,118,000
$548,250 by Alpha Mortgage Corp
Mortgage Due Jul 01, 2051
101 Edgewater Lane in Wilmington, NC was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2022. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 101 Edgewater Lane has 5,945 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 2,246 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 24,568 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 composition shingle. For those who need parking, there is a garage. The garage is 875 sqft. There are a total of 2 available parking spaces. 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 good. The exterior walls of the home are made of brick veneer. 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, 101 Edgewater Lane was last sold in Jul 25, 2022 for $2,350,000. According to our calculations, that's $395.29 per sqft. Prior to that sales transaction, the property was sold for $1,118,000 in Jun 6, 2021. Current property owners are expected to pay $10,918 in taxes per year. The property on 101 Edgewater Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,292,100. To break that down further, the land itself was valued at $337,000. While improvements to the property were assessed at a total of $955,100. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2022
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 29
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 2,246
  • Garage Type: Garage
  • Garage Square Area: 875
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,568
  • Total Building Area: 5,945
  • Building Area: 5,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 5,945
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGEWATER DEV
  • Land Acres: 0.564
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 29 SEC 2 EDGEWATER

Ownership

  • Current Owner : HUNEYCUTT CHAD W
  • Current Owner 2: HUNEYCUTT TARA G
  • Previous Owner : MAYNARD MICHAEL P
  • Owner Before Previous Owner: PEACHTREE VENTURES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012012

Zoning

  • Zoning: R-20,RESID

Geography

  • Assessors Map Reference: MAP 5713
  • District: WM
  • Section: 2
  • Parcel: R05713-012-009-000
  • Block: 12
  • Lot: 29
  • Municipality: WILMINGTON
  • Latitude: 34.2188
  • Longitude: -77.8233

    Address

  • Full Address: 101 Edgewater Ln
  • Address - House Number: 101
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C032
  • 4-Digit Zip Code: 3748
  • Zip Code: 28403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,918
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 2,073,301
  • High Value: 2,413,608
  • Low Value: 1,732,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,997,500
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jul 28, 2022
  • First Open Lien Mortgage Loan Amount: $1,997,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $1,292,100
  • Market Land Value: $337,000
  • Market Improvement Value: $955,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,292,100
  • Assessed Land Value: $337,000
  • Assessed Improvements Value: $955,100

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Transaction ID: 11893637250
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27758
  • Previous Sale Recording Date: Jun 11, 2021
  • Previous Sale Contract Date: Jun 06, 2021
  • Previous Sale Amount: $1,118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jul 28, 2022
  • First Mortgage Loan Amount: $1,997,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ALPHA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 11, 2021
  • Previous Mortgage Loan Amount: $548,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Edgewater



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Frequently Asked Questions

What neighborhood is 101 Edgewater Lane located in?
The 101 Edgewater Lane is a located in the neighborhood of Edgewater in Edgewater, Wilmington.
What is the average sales price for listings in 101 Edgewater Lane?
The average sales price for units in 101 Edgewater Lane is $0 currently.

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