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401 Forest Hills Drive

401 Forest Hills Drive, Wilmington, NC 28403
Property in Forest Hills
Sold Mar 30, 2017
$293,500
$290,000 by Alpha Mortgage Corporation
Mortgage Due Feb 01, 2052
Sold Jan 10, 1991
$167,500
401 Forest Hills Drive in Wilmington, NC was first built in 1939 and is 85 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 Cape Cod style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 401 Forest Hills Drive has 2,192 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 1,421 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 11,064 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. The quality of the control joints have been graded by the local assessor with a letter grade of C+. 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 air conditioning. As for heating, the home is utilizing a central heating system 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, 401 Forest Hills Drive was last sold in Mar 17, 2017 for $293,500. According to our calculations, that's $133.90 per sqft. Prior to that sales transaction, the property was sold for $167,500 in Jan 10, 1991. Current property owners are expected to pay $2,464 in taxes per year. The property on 401 Forest Hills Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $291,600. To break that down further, the land itself was valued at $99,600. While improvements to the property were assessed at a total of $192,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,421
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,064
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,192
  • Building Area: 2,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,192
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS SEC 2
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: PT 57B SEC A FOREST HILLS

Ownership

  • Current Owner : SHORES LILLIAN CARLA
  • Previous Owner : BONSER KATIE KING
  • Owner Before Previous Owner: RHODES WAYNE K JENNIFER E
  • 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 5408
  • District: WM
  • Section: A
  • Parcel: R05408-003-005-000
  • Block: 3
  • Lot: 5
  • Municipality: WILMINGTON
  • Latitude: 34.2336
  • Longitude: -77.9134

    Address

  • Full Address: 401 Forest Hills Dr
  • Address - House Number: 401
  • Address - Street Name: Forest Hills
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C103
  • 4-Digit Zip Code: 2230
  • Zip Code: 28403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,464
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 523,582
  • High Value: 617,642
  • Low Value: 429,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: ALPHA MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $290,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $291,600
  • Market Land Value: $99,600
  • Market Improvement Value: $192,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,600
  • Assessed Land Value: $99,600
  • Assessed Improvements Value: $192,000

    Sales

  • Current Sale Contract Date: Mar 17, 2017
  • Current Sale Recording Date: Mar 30, 2017
  • Current Sale Transaction ID: 1736199780
  • Current Sale Price: $293,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017009875
  • Previous Sale Recording Date: Jan 10, 1991
  • Previous Sale Contract Date: Jan 10, 1991
  • Previous Sale Amount: $167,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPHA MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 30, 2017
  • First Mortgage Loan Amount: $278,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047

About Forest Hills



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Frequently Asked Questions

What neighborhood is 401 Forest Hills Drive located in?
The 401 Forest Hills Drive is a located in the neighborhood of Forest Hills in Forest Hills, Wilmington.
What is the average sales price for listings in 401 Forest Hills Drive?
The average sales price for units in 401 Forest Hills Drive is $0 currently.

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