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316 Cosgrove Court

316 Cosgrove Court, Wilmington, NC 28411
Property in Bayshore
Sold Mar 05, 2021
$485,500
$400,000 by Alpha Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Apr 28, 2020
$170,000
Local assessors in Wilmington, NC have categorized 316 Cosgrove Court as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 11,761 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a patio home 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 3 full bathrooms. There are also 3 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 316 Cosgrove Court has a total of 2,186 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 528 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 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 - B-. Lots of wood 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, 316 Cosgrove Court sold most recently in Mar 4, 2021 for a total of $485,500. If you work out the math, that's approximately a cost of $222.10 per sqft. Before that, the property was also sold for $170,000 in Apr 22, 2020. 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 $2,407 in taxes each year. 316 Cosgrove Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $451,700. If we break it down further, the land itself was valued at $76,200. Improvements to the property, however, were assessed at a total of $375,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B-
  • Building Style: Patio home
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 2,186
  • Building Area: 2,186
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,186
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CATHERINE S COVE
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 26 PH 2 CATHERINES COVE

Ownership

  • Current Owner : VIDAL CARLOS M
  • Current Owner 2: VIDAL MONICA R
  • Previous Owner : HAGOOD HOMES INC
  • Owner Before Previous Owner: HIGHGREEN DRIVE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 011705

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 3600
  • District: FD
  • Parcel: R03600-005-413-000
  • Block: 5
  • Lot: 26
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2833
  • Longitude: -77.8016

    Address

  • Full Address: 316 Cosgrove Ct
  • Address - House Number: 316
  • Address - Street Name: Cosgrove
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R012
  • 4-Digit Zip Code: 1400
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,407
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 81
  • Final Value: 671,672
  • High Value: 774,804
  • Low Value: 568,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: ALPHA MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Loan Amount: $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, 2051

    Market Valuation

  • Market Total Value: $451,700
  • Market Land Value: $76,200
  • Market Improvement Value: $375,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451,700
  • Assessed Land Value: $76,200
  • Assessed Improvements Value: $375,500

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11825944996
  • Current Sale Price: $485,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021011007
  • Previous Sale Recording Date: Apr 28, 2020
  • Previous Sale Contract Date: Apr 22, 2020
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPHA MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 316 Cosgrove Court located in?
The 316 Cosgrove Court is a located in the neighborhood of Bayshore in Bayshore, Wilmington.
What is the average sales price for listings in 316 Cosgrove Court?
The average sales price for units in 316 Cosgrove Court is $0 currently.

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