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117 South 7th Avenue

117 South 7th Avenue, Kure Beach, NC 28449
Property in Kure Beach
Sold Dec 12, 2018
$258,000
$162,000 by State Employees Cu
Mortgage Due Jan 01, 2034
Sold Mar 07, 2014
$262,500
117 South 7th Avenue has been categorized by the local assessors in Kure Beach, NC as a residential type of property. The building on the property was first built in 1955 and is 69 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, 117 South 7th Avenue has 1,080 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 880 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 5,184 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage 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 garage for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. 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 asbestos shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system 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, 117 South 7th Avenue was last sold in Oct 1, 2018 for $258,000. According to our calculations, that's $238.89 per sqft. Prior to that sales transaction, the property was sold for $262,500 in Mar 3, 2014. Current property owners are expected to pay $2,041 in taxes per year. The property on 117 South 7th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $285,200. To break that down further, the land itself was valued at $202,800. While improvements to the property were assessed at a total of $82,400. 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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Cottage
  • Exterior Walls Type: Asbestos shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 880
  • Garage Type: Garage
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,184
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KURE BEACH TOWN OF
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 16 BLK 64 KURE BEACH

Ownership

  • Current Owner : LIPPARD JAMES MARTIN
  • Current Owner 2: LIPPARD DIANE SUE
  • Previous Owner : ABRAMS NICHOLAS H
  • Previous Owner 2: ABRAMS DANIEL L
  • Owner Before Previous Owner: CUDDY JAMES C
  • Owner Before Previous Owner 2: CUDDY REBECCA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012203

Zoning

  • Zoning: RA-2A

Geography

  • Assessors Map Reference: MAP 9213
  • District: KB
  • Parcel: R09213-019-012-000
  • Block: 64
  • Lot: 16
  • Municipality: KURE BEACH
  • Latitude: 33.9984
  • Longitude: -77.9107

    Address

  • Full Address: 117 Seventh Ave S
  • Address - House Number: 117
  • Street Segment Direction: S
  • Address - Street Name: Seventh
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Kure Beach
  • Carrier Code: R001
  • 4-Digit Zip Code: 3918
  • Zip Code: 28449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,041
  • Tax Rate Code Area: KB

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 507,388
  • High Value: 596,935
  • Low Value: 417,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Dec 12, 2018
  • First Open Lien Mortgage Loan Amount: $162,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2034

    Market Valuation

  • Market Total Value: $285,200
  • Market Land Value: $202,800
  • Market Improvement Value: $82,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,200
  • Assessed Land Value: $202,800
  • Assessed Improvements Value: $82,400

    Sales

  • Current Sale Contract Date: Oct 01, 2018
  • Current Sale Recording Date: Dec 12, 2018
  • Current Sale Transaction ID: 11543265510
  • Current Sale Price: $258,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018037139
  • Previous Sale Recording Date: Mar 07, 2014
  • Previous Sale Contract Date: Mar 03, 2014
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Dec 12, 2018
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2034

About Kure Beach



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Frequently Asked Questions

What neighborhood is 117 South 7th Avenue located in?
The 117 South 7th Avenue is a located in the neighborhood of Kure Beach in Kure Beach, Kure Beach.
What is the average sales price for listings in 117 South 7th Avenue?
The average sales price for units in 117 South 7th Avenue is $0 currently.

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