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1617 Landfall Drive

1617 Landfall Drive, Wilmington, NC 28405
Sold Mar 13, 2018
$2,015,000
$1,400,000 by Alpha Mortgage Corp
Mortgage Due Apr 01, 2048
Sold Mar 18, 2014
$188,000
$150,400 by Carolina Bank
Mortgage Due Apr 01, 2044
Local assessors in Wilmington, NC have categorized 1617 Landfall Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 12,720 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1617 Landfall Drive has a total of 5,215 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 603 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A-. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1617 Landfall Drive sold most recently in Mar 12, 2018 for a total of $2,015,000. If you work out the math, that's approximately a cost of $386.39 per sqft. Before that, the property was also sold for $188,000 in Feb 22, 2014. 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 $15,256 in taxes each year. 1617 Landfall Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,805,500. If we break it down further, the land itself was valued at $1,020,100. Improvements to the property, however, were assessed at a total of $785,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 25
  • Building Condition: Good
  • Building Quality: A-
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,924
  • Garage Type: Garage
  • Garage Square Area: 603
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,720
  • Total Building Area: 5,215
  • Building Area: 5,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 5,215
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS AT LANDFALL
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: 9 VILLAS AT LANDFALL

Ownership

  • Current Owner : STRAZEMIS MICHAEL
  • Current Owner 2: MCLEAN SUSAN
  • Previous Owner : THOMPSON WILLIAM D
  • Previous Owner 2: THOMPSON MICHELLE B
  • Owner Before Previous Owner: QUAKENBUSH CURTIS R
  • Owner Before Previous Owner 2: QUAKENBUSH NICOLE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 011703

Zoning

  • Zoning: R-20,RESID

Geography

  • Assessors Map Reference: MAP 5710
  • District: WM
  • Parcel: R05710-006-009-000
  • Block: 6
  • Lot: 9
  • Municipality: WILMINGTON
  • Latitude: 34.224
  • Longitude: -77.8105

    Address

  • Full Address: 1617 Landfall Dr
  • Address - House Number: 1617
  • Address - Street Name: Landfall
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C072
  • 4-Digit Zip Code: 4255
  • Zip Code: 28405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,256
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 2,949,335
  • High Value: 3,430,921
  • Low Value: 2,467,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: ALPHA MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 13, 2018
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $1,805,500
  • Market Land Value: $1,020,100
  • Market Improvement Value: $785,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,805,500
  • Assessed Land Value: $1,020,100
  • Assessed Improvements Value: $785,400

    Sales

  • Current Sale Contract Date: Mar 12, 2018
  • Current Sale Recording Date: Mar 13, 2018
  • Current Sale Transaction ID: 11433012364
  • Current Sale Price: $2,015,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018007339
  • Previous Sale Recording Date: Mar 18, 2014
  • Previous Sale Contract Date: Feb 22, 2014
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPHA MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 13, 2018
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CAROLINA BANK
  • Previous Mortgage Transaction Date: Mar 18, 2014
  • Previous Mortgage Loan Amount: $150,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About Landfall



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Frequently Asked Questions

What neighborhood is 1617 Landfall Drive located in?
The 1617 Landfall Drive is a located in the neighborhood of Villas at Landfall in Landfall, Wilmington.
What is the average sales price for listings in 1617 Landfall Drive?
The average sales price for units in 1617 Landfall Drive is $0 currently.

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