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1497 Gate Hill Road

1497 Gate Hill Road, Bolivia, NC 28422
Property in Brunswick
Sold Nov 03, 2023
$235,000
$235,000 by Mortgage Research Center, Llc
Mortgage Due Dec 01, 2053
Sold Oct 31, 2017
$135,000
$136,353 by Movement Mortgage
Mortgage Due Nov 01, 2047
1497 Gate Hill Road has been categorized by the local assessors in Bolivia, NC as a residential type of property. The building on the property was first built in 2016 and is 8 years old. However, we must point out that the home was most recently renovated and altered in 2017. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 1497 Gate Hill Road has 1,338 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,075 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1497 Gate Hill Road sold most recently in Nov 1, 2023 for a total of $235,000. If you work out the math, that's approximately a cost of $175.64 per sqft. Before that, the property was also sold for $135,000 in Oct 16, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $996 in taxes each year. 1497 Gate Hill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $254,040. If we break it down further, the land itself was valued at $48,000. Improvements to the property, however, were assessed at a total of $206,040. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2017
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Floating floor/laminate
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,075
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,338
  • Gross Building Area: 1,674
  • Building Area: 1,338
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,338
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW SOUTH BRIDGE SUBDIVISION
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-15 PH-2 NEW SOUTH BRIDGE PL 77/18

Ownership

  • Current Owner : SOSA ROBERT MANUEL
  • Current Owner 2: SOSA MARY FRANCIS
  • Previous Owner : CHEEK ROBERT K
  • Previous Owner 2: CHEEK TESSA A
  • Owner Before Previous Owner: WJH LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Brunswick County Schools
  • School Tax School District: SUPPLY
  • Census Tract: 020603

Zoning

  • Zoning: COR6000

Geography

  • Assessors Map Reference: MAP 185DC
  • Account Number: 80065759
  • Subdivision Phase Number: 2
  • Parcel: 185DC077
  • Lot: 15
  • Latitude: 33.9974
  • Longitude: -78.2014

    Address

  • Full Address: 1497 Gate Hill Rd Se
  • Address - House Number: 1497
  • Street Segment Direction: SE
  • Address - Street Name: Gate Hill
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Bolivia
  • Carrier Code: R007
  • 4-Digit Zip Code: 8363
  • Zip Code: 28422

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $996

    Appraisal Valuation

  • Standard Deviation: 0.102
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 90
  • Final Value: 226,234
  • High Value: 249,330
  • Low Value: 203,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Nov 03, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $235,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $254,040
  • Market Land Value: $48,000
  • Market Improvement Value: $206,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,040
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $206,040

    Sales

  • Current Sale Contract Date: Nov 01, 2023
  • Current Sale Recording Date: Nov 03, 2023
  • Current Sale Transaction ID: 11915334323
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 31, 2017
  • Previous Sale Contract Date: Oct 16, 2017
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Nov 03, 2023
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Oct 31, 2017
  • Previous Mortgage Loan Amount: $136,353
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Brunswick



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Frequently Asked Questions

What neighborhood is 1497 Gate Hill Road located in?
The 1497 Gate Hill Road is a located in the neighborhood of Brunswick in Brunswick, Bolivia.
What is the average sales price for listings in 1497 Gate Hill Road?
The average sales price for units in 1497 Gate Hill Road is $0 currently.

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