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1068 Headwater Cove Lane

1068 Headwater Cove Lane, Wilmington, NC 28403
Property in Headwater Cove
Sold Nov 05, 2018
$210,000
$100,000 by Corning Fcu
Mortgage Due Dec 01, 2048
Sold May 14, 2007
$230,000
$184,000 by Branch Banking And Trust Co
Mortgage Due Jun 01, 2037
1068 Headwater Cove Lane 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 1997 and is 27 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. 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, 1068 Headwater Cove Lane has 1,454 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 1,454 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 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 brick veneer. 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. There is a single fireplace in the home. Perfect for those wintery 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, 1068 Headwater Cove Lane was last sold in Oct 25, 2018 for $210,000. According to our calculations, that's $144.43 per sqft. Prior to that sales transaction, the property was sold for $230,000 in May 11, 2007. Current property owners are expected to pay $2,144 in taxes per year. The property on 1068 Headwater Cove Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $253,700. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $153,700. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 19
  • Basement Type: Building with no basement
  • Basement Area: 1,454
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,454
  • Building Area: 1,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,454
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEADWATER COVE TOWNHOMES
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: LT 2A HEADWATER COVE TOWNHOMES

Ownership

  • Current Owner : MURRAY MARLING J
  • Current Owner 2: MURRAY JANET S
  • Previous Owner : SELDEN PERCY ADRIAN JOHN
  • Previous Owner 2: SELDEN PERCY LUCELIA MCCLAIN
  • Owner Before Previous Owner: CLINTON JUDITH W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 011502

Zoning

  • Zoning: MF-L,MULTI

Geography

  • Assessors Map Reference: MAP 5600
  • District: WM
  • Parcel: R05600-008-005-000
  • Block: 8
  • Lot: 2A
  • Municipality: WILMINGTON
  • Latitude: 34.2272
  • Longitude: -77.8494

    Address

  • Full Address: 1068 Headwater Cove Ln
  • Address - House Number: 1068
  • Address - Street Name: Headwater Cove
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C087
  • 4-Digit Zip Code: 0102
  • Zip Code: 28403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,144
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 390,680
  • High Value: 466,270
  • Low Value: 315,090

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $199,000
  • First Open Lien Mortgage Lender: CORNING FCU
  • First Open Lien Mortgage Recording Date: Nov 05, 2018
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Dec 01, 2048
  • Second Open Lien Mortgage Lender: CORNING FCU
  • Second Open Lien Mortgage Recording Date: Jan 12, 2021
  • Second Open Lien Mortgage Loan Amount: $99,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $253,700
  • Market Land Value: $100,000
  • Market Improvement Value: $153,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,700
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $153,700

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Transaction ID: 11529561926
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018033540
  • Previous Sale Recording Date: May 14, 2007
  • Previous Sale Contract Date: May 11, 2007
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNING FCU
  • First Mortgage Transaction Date: Nov 05, 2018
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: May 14, 2007
  • Previous Mortgage Loan Amount: $184,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

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Frequently Asked Questions

What neighborhood is 1068 Headwater Cove Lane located in?
The 1068 Headwater Cove Lane is a located in the neighborhood of Headwater Cove in College Acres, Wilmington.
What is the average sales price for listings in 1068 Headwater Cove Lane?
The average sales price for units in 1068 Headwater Cove Lane is $0 currently.

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