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101 Southwold Drive

101 Southwold Drive, Wilmington, NC 28409
Property in Waterford
Sold May 31, 2016
$137,000
$121,000 by On Q Financial Inc
Mortgage Due Jun 01, 2046
Sold Feb 18, 2009
$135,000
$132,554 by Alpha Mortgage Corp
Mortgage Due Mar 01, 2039
101 Southwold Drive has been categorized by the local assessors in Wilmington, NC as a residential type of property. The building on the property was first built in 1976 and is 48 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 101 Southwold Drive has 1,056 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 1,056 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,416 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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 Southwold Drive was last sold in May 27, 2016 for $137,000. According to our calculations, that's $129.73 per sqft. Prior to that sales transaction, the property was sold for $135,000 in Feb 16, 2009. Current property owners are expected to pay $1,008 in taxes per year. The property on 101 Southwold Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $180,000. To break that down further, the land itself was valued at $74,100. While improvements to the property were assessed at a total of $105,900. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,056
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,416
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERFORD SEC 1
  • Land Acres: 0.308
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 18 BLK 7 WATERFORD SEC

Ownership

  • Current Owner : MARTIN GUY N
  • Current Owner 2: MARTIN GERRI L
  • Previous Owner : CULLEN JAMES A
  • Previous Owner 2: SHEVA MARIE
  • Owner Before Previous Owner: RUTTER BRADLEY S
  • Owner Before Previous Owner 2: RUTTER REBECCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012103

Zoning

  • Zoning: R-10,RESID

Geography

  • Assessors Map Reference: MAP 7612
  • District: FD
  • Parcel: R07612-001-004-000
  • Block: 7
  • Lot: 18
  • Municipality: FIRE DISTRICT
  • Latitude: 34.1373
  • Longitude: -77.8775

    Address

  • Full Address: 101 Southwold Dr
  • Address - House Number: 101
  • Address - Street Name: Southwold
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R057
  • 4-Digit Zip Code: 4012
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,008
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 73
  • Final Value: 303,853
  • High Value: 363,903
  • Low Value: 243,802

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,000
  • First Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • First Open Lien Mortgage Recording Date: May 31, 2016
  • First Open Lien Mortgage Loan Amount: $121,000
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $74,100
  • Market Improvement Value: $105,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,000
  • Assessed Land Value: $74,100
  • Assessed Improvements Value: $105,900

    Sales

  • Current Sale Contract Date: May 27, 2016
  • Current Sale Recording Date: May 31, 2016
  • Current Sale Transaction ID: 1870003550
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016016322
  • Previous Sale Recording Date: Feb 18, 2009
  • Previous Sale Contract Date: Feb 16, 2009
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL INC
  • First Mortgage Transaction Date: May 31, 2016
  • First Mortgage Loan Amount: $121,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ALPHA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 18, 2009
  • Previous Mortgage Loan Amount: $132,554
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2039

About Myrtle Grove



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 101 Southwold Drive located in?
The 101 Southwold Drive is a located in the neighborhood of Waterford in Myrtle Grove, Wilmington.
What is the average sales price for listings in 101 Southwold Drive?
The average sales price for units in 101 Southwold Drive is $0 currently.

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