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354 Mercer Avenue

354 Mercer Avenue, Wilmington, NC 28403
Sold Oct 12, 2021
$230,000
$238,280 by Alpha Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Dec 27, 2018
$95,000
$93,237 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2049
Local assessors in Wilmington, NC have categorized 354 Mercer Avenue as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 10,890 square feet. The linear feet between the front and back of the lot was measured at 2,090 ft and the front of the lot was measured at 520 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional 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, 3 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 is one full bathroom. 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 354 Mercer Avenue has a total of 1,025 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 1,025 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. The building has a roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. The property was last sold in Oct 5, 2021 for $230,000. That's $224.39 per sqft. Prior to that sales transaction, the property was also sold in Dec 10, 2018 for $95,000. 354 Mercer Avenue was last assessed in 2023. The total value of the property was assessed at $202,300. Specifically, the land the property is located on was valued at $48,400. While improvements on the property were assessed at a total of $153,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,709. The initial tax year of delinquency was in 2015. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2019
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,025
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,025
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERCER PLACE WEST BLK 13
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 2 BLK 12 W MERCER PLACE

Ownership

  • Current Owner : BROWN TAMMIE DUANE
  • Current Owner 2: BROWN ALAN MARTIN
  • Previous Owner : BLANCHARD MOLLY JANE
  • Owner Before Previous Owner: DICKEY LADONNA
  • Owner Before Previous Owner 2: DICKEY KEITH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 010400

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 5505
  • District: WM
  • Parcel: R05505-002-037-000
  • Block: 12
  • Lot: 2
  • Municipality: WILMINGTON
  • Latitude: 34.2334
  • Longitude: -77.9061

    Address

  • Full Address: 354 Mercer Ave
  • Address - House Number: 354
  • Address - Street Name: Mercer
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C059
  • 4-Digit Zip Code: 0733
  • Zip Code: 28403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,709
  • Intital Tax Deliquent Year: 2015
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.2667
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 61
  • Final Value: 284,252
  • High Value: 360,067
  • Low Value: 208,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,280
  • First Open Lien Mortgage Lender: ALPHA MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $238,280
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $202,300
  • Market Land Value: $48,400
  • Market Improvement Value: $153,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,300
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $153,900

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859454889
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021049216
  • Previous Sale Recording Date: Dec 27, 2018
  • Previous Sale Contract Date: Dec 10, 2018
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPHA MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $238,280
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 27, 2018
  • Previous Mortgage Loan Amount: $93,237
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Mercer Place West



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2127 Fowler Street, Wilmington, NC, 28403

$1,600 /mo

  • 2 Beds
  • 1.5 Baths
2127 Fowler Street #A, Wilmington, NC, 28403 Listing by Laurie Smith

Frequently Asked Questions

What neighborhood is 354 Mercer Avenue located in?
The 354 Mercer Avenue is a located in the neighborhood of Mercer Place West in Mercer Place West, Wilmington.
What is the average sales price for listings in 354 Mercer Avenue?
The average sales price for units in 354 Mercer Avenue is $0 currently.

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