415 North 7th Street

415 North 7th Street has been categorized by the local assessors in Wilmington, NC as a exempt type of property. The building on the property was first built in 1984 and is 40 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 6,534 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 415 North 7th Street was last sold in Feb 23, 2024 for $500,000. According to our calculations, that's $209.03 per sqft. Prior to that sales transaction, the property was sold for $330,000 in Dec 17, 2021. Current property owners are expected to pay $2,756 in taxes per year. The property on 415 North 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $326,200. To break that down further, the land itself was valued at $51,500. While improvements to the property were assessed at a total of $274,700. 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. 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!