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2804 Vance Street

2804 Vance Street, Wilmington, NC 28412
Property in Belmont
Sold Apr 06, 2018
$210,000
$168,000 by First Citizens Bank & Trust Co
Mortgage
Sold Jun 04, 2004
$59,000
Local assessors in Wilmington, NC have categorized 2804 Vance Street as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 6,970 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2804 Vance Street has a total of 1,392 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,392 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 average. 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 - C-. The building has a roof that is made of composition shingle. Lots of asbestos shingle 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 floor/wall heating system is the primary heating source and it is 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, 2804 Vance Street was last sold in Apr 5, 2018 for $210,000. According to our calculations, that's $150.86 per sqft. Prior to that sales transaction, the property was sold for $59,000 in Jun 4, 2004. Current property owners are expected to pay $713 in taxes per year. The property on 2804 Vance Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $84,400. To break that down further, the land itself was valued at $33,200. While improvements to the property were assessed at a total of $51,200. 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: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Duplex
  • Exterior Walls Type: Asbestos shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 1,392
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,392
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT ADDITION SEC 4
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: LOT 195 SEC 4 BELMONT WILM

Ownership

  • Current Owner : MELTON GREGORY
  • Current Owner 2: MELTON CHERYL
  • Previous Owner : DAVENPORT MARVIN L
  • Previous Owner 2: DAVENPORT TERRI A
  • Owner Before Previous Owner: RODRIGUEZ JUANITA M JUAN L

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 010800

Zoning

  • Zoning: R-5,RESIDE

Geography

  • Assessors Map Reference: MAP 6505
  • District: WM
  • Section: 4
  • Parcel: R06505-010-011-000
  • Block: 10
  • Lot: 195
  • Municipality: WILMINGTON
  • Latitude: 34.1875
  • Longitude: -77.9405

    Address

  • Full Address: 2804 Vance St
  • Address - House Number: 2804
  • Address - Street Name: Vance
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C035
  • 4-Digit Zip Code: 6214
  • Zip Code: 28412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $713
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 198,197
  • High Value: 233,505
  • Low Value: 162,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 06, 2018
  • First Open Lien Mortgage Loan Amount: $168,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $84,400
  • Market Land Value: $33,200
  • Market Improvement Value: $51,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,400
  • Assessed Land Value: $33,200
  • Assessed Improvements Value: $51,200

    Sales

  • Current Sale Contract Date: Apr 05, 2018
  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Transaction ID: 11444980630
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018010210
  • Previous Sale Recording Date: Jun 04, 2004
  • Previous Sale Contract Date: Jun 04, 2004
  • Previous Sale Amount: $59,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 06, 2018
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Belmont



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Frequently Asked Questions

What neighborhood is 2804 Vance Street located in?
The 2804 Vance Street is a located in the neighborhood of Belmont in Belmont, Wilmington.
What is the average sales price for listings in 2804 Vance Street?
The average sales price for units in 2804 Vance Street is $0 currently.

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