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1518 Portsmouth Place

1518 Portsmouth Place, Wilmington, NC 28411
Property in Avenel
Sold May 24, 2005
$625,000
$500,000 by American Home Mortgage Corp
Mortgage Due Jun 01, 2035
Sold Aug 21, 2003
$536,500
1518 Portsmouth Place in Wilmington, NC was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1518 Portsmouth Place has 4,058 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,614 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 30,971 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 672 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1518 Portsmouth Place was last sold in May 17, 2005 for $625,000. According to our calculations, that's $154.02 per sqft. Prior to that sales transaction, the property was sold for $536,500 in Aug 21, 2003. Current property owners are expected to pay $3,579 in taxes per year. The property on 1518 Portsmouth Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $672,000. To break that down further, the land itself was valued at $129,500. While improvements to the property were assessed at a total of $542,500. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,614
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,971
  • Total Building Area: 4,058
  • Building Area: 4,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 4,058
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AVENEL SECTION I
  • Land Acres: 0.711
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 8 AVENEL SECTION 1

Ownership

  • Current Owner : BACHMAN KEVIN GREGORY
  • Current Owner 2: BACHMAN MELISSA ANNE
  • Previous Owner : WICKS SIDNEY
  • Owner Before Previous Owner: UNDERWOOD WILLIAM H LINDA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012300

Zoning

  • Zoning: R-20,RESID

Geography

  • Assessors Map Reference: MAP 3719
  • District: FD
  • Section: 1
  • Parcel: R03719-004-008-000
  • Block: 4
  • Lot: 8
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2784
  • Longitude: -77.7622

    Address

  • Full Address: 1518 Portsmouth Pl
  • Address - House Number: 1518
  • Address - Street Name: Portsmouth
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R009
  • 4-Digit Zip Code: 9251
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,579
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,101,888
  • High Value: 1,298,282
  • Low Value: 905,493

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $896,500
  • First Open Lien Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 24, 2005
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035
  • Second Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • Second Open Lien Mortgage Recording Date: Sep 01, 2020
  • Second Open Lien Mortgage Loan Amount: $396,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $672,000
  • Market Land Value: $129,500
  • Market Improvement Value: $542,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,000
  • Assessed Land Value: $129,500
  • Assessed Improvements Value: $542,500

    Sales

  • Current Sale Contract Date: May 17, 2005
  • Current Sale Recording Date: May 24, 2005
  • Current Sale Transaction ID: 1197975689
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005027519
  • Previous Sale Recording Date: Aug 21, 2003
  • Previous Sale Contract Date: Aug 21, 2003
  • Previous Sale Amount: $536,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • First Mortgage Transaction Date: May 24, 2005
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2035
  • Second Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Second Mortgage Transaction Date: May 24, 2005
  • Second Mortgage Loan Amount: $93,750
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Stand Alone Second
  • Second Mortgage Loan Due Date: Jun 01, 2020

About Avenel



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Frequently Asked Questions

What neighborhood is 1518 Portsmouth Place located in?
The 1518 Portsmouth Place is a located in the neighborhood of Avenel in Avenel, Wilmington.
What is the average sales price for listings in 1518 Portsmouth Place?
The average sales price for units in 1518 Portsmouth Place is $0 currently.

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