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4220 Cravens Point Road

4220 Cravens Point Road, Wilmington, NC 28409
Property in Masonboro Forest
Sold Apr 11, 2016
$450,000
$319,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2050
Sold May 12, 2011
$329,000
$301,485 by Branch Banking And Trust Co
Mortgage Due Jun 01, 2041
4220 Cravens Point Road has been categorized by the local assessors in Wilmington, NC as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4220 Cravens Point Road has 2,713 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 1,513 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 17,206 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 656 sqft. 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 good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. 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 heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4220 Cravens Point Road sold most recently in Apr 7, 2016 for a total of $450,000. If you work out the math, that's approximately a cost of $165.87 per sqft. Before that, the property was also sold for $329,000 in May 6, 2011. 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 $2,646 in taxes each year. 4220 Cravens Point Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $493,400. If we break it down further, the land itself was valued at $121,000. Improvements to the property, however, were assessed at a total of $372,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,513
  • Garage Type: Garage
  • Garage Square Area: 656
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,206
  • Total Building Area: 2,713
  • Building Area: 2,713
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,713
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASONBORO FOREST REV PH 1 SEC 1
  • Land Acres: 0.395
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 201R PH 1 SEC 1 MASONBORO FOREST

Ownership

  • Current Owner : LEVESQUE NICHOLAS J
  • Current Owner 2: LEVESQUE ASHLEY K
  • Previous Owner : HAYSE TODD MICHAEL
  • Previous Owner 2: HAYSE KATHERINE E
  • Owner Before Previous Owner: SMITH LEON T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012010

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 7108
  • District: FD
  • Section: 1
  • Parcel: R07108-011-003-000
  • Block: 11
  • Lot: 201R
  • Municipality: FIRE DISTRICT
  • Latitude: 34.1655
  • Longitude: -77.8788

    Address

  • Full Address: 4220 Cravens Point Rd
  • Address - House Number: 4220
  • Address - Street Name: Cravens Point
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R038
  • 4-Digit Zip Code: 3285
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,646
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 720,065
  • High Value: 848,659
  • Low Value: 591,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $319,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $493,400
  • Market Land Value: $121,000
  • Market Improvement Value: $372,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,400
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $372,400

    Sales

  • Current Sale Contract Date: Apr 07, 2016
  • Current Sale Recording Date: Apr 11, 2016
  • Current Sale Transaction ID: 1904316437
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016010365
  • Previous Sale Recording Date: May 12, 2011
  • Previous Sale Contract Date: May 06, 2011
  • Previous Sale Amount: $329,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Apr 11, 2016
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: May 12, 2011
  • Previous Mortgage Loan Amount: $301,485
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2041

About Masonboro Forest



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Frequently Asked Questions

What neighborhood is 4220 Cravens Point Road located in?
The 4220 Cravens Point Road is a located in the neighborhood of Masonboro Forest in Masonboro Forest, Wilmington.
What is the average sales price for listings in 4220 Cravens Point Road?
The average sales price for units in 4220 Cravens Point Road is $0 currently.

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