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1505 Lynchfield Court

1505 Lynchfield Court, Wilmington, NC 28412
House in Stonington
Sold Oct 22, 2020
$300,000
$240,000 by Corporate Investors Mortgage G
Mortgage Due Nov 01, 2050
Sold Oct 30, 2009
$181,000
$177,721 by Rbc Bank Usa
Mortgage Due Nov 01, 2039
1505 Lynchfield Court 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 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1505 Lynchfield Court has 1,941 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 650 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 6,011 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 420 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 alum/vinyl siding. 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, 1505 Lynchfield Court was last sold in Oct 21, 2020 for $300,000. According to our calculations, that's $154.56 per sqft. Prior to that sales transaction, the property was sold for $181,000 in Oct 29, 2009. Current property owners are expected to pay $2,189 in taxes per year. The property on 1505 Lynchfield Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $259,000. To break that down further, the land itself was valued at $70,300. While improvements to the property were assessed at a total of $188,700. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 650
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,941
  • Building Area: 1,941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,941
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONINGTON SEC 1
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 7 STONINGTON S/D

Ownership

  • Current Owner : JONES TIMOTHY A
  • Current Owner 2: JONES KARYN
  • Previous Owner : MCCLINTIC ROBERT CHAD
  • Owner Before Previous Owner: WILKES JERRY R
  • Owner Before Previous Owner 2: WILKES DONNA S

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012007

Zoning

  • Zoning: R-7,RESIDE

Geography

  • Assessors Map Reference: MAP 6617
  • District: WM
  • Parcel: R06617-008-007-000
  • Block: 8
  • Lot: 7
  • Municipality: WILMINGTON
  • Latitude: 34.1721
  • Longitude: -77.9009

    Address

  • Full Address: 1505 Lynchfield Ct
  • Address - House Number: 1505
  • Address - Street Name: Lynchfield
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C106
  • 4-Digit Zip Code: 2078
  • Zip Code: 28412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,189
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 428,367
  • High Value: 504,045
  • Low Value: 352,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $259,000
  • Market Land Value: $70,300
  • Market Improvement Value: $188,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,000
  • Assessed Land Value: $70,300
  • Assessed Improvements Value: $188,700

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793698220
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020044377
  • Previous Sale Recording Date: Oct 30, 2009
  • Previous Sale Contract Date: Oct 29, 2009
  • Previous Sale Amount: $181,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RBC BANK USA
  • Previous Mortgage Transaction Date: Oct 30, 2009
  • Previous Mortgage Loan Amount: $177,721
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About Stonington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1505 Lynchfield Court located in?
The 1505 Lynchfield Court is a house located in the neighborhood of Stonington in Stonington, Wilmington.
What is the average sales price for listings in 1505 Lynchfield Court?
The average sales price for units in 1505 Lynchfield Court is $293,000 , or $151/sqft. currently.

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