Check Availability

425 40th Street

425 40th Street, Sunset Beach, NC 28468
Property in Brunswick
Sold Jan 15, 2010
$475,000
$380,000 by Security Savings Bank
Mortgage Due Feb 01, 2040
Sold Jan 07, 2005
$480,000
$180,000 by First-citizens Bank & Trust Co
Mortgage Due Feb 01, 2035
425 40th Street has been categorized by the local assessors in Sunset Beach, NC as a residential type of property. The building on the property was first built in 1967 and is 57 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 425 40th Street has 1,296 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,494 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. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood shingle. While the interior walls have been made of minimum/plywood materials. As for the floors, you'll see that the home has flooring throughout. 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 and being fueled with electricity. 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, 425 40th Street sold most recently in Jan 13, 2010 for a total of $475,000. If you work out the math, that's approximately a cost of $366.51 per sqft. Before that, the property was also sold for $480,000 in Jan 5, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,007 in taxes each year. The initial year of tax delinquency occurred in 2012. 425 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $612,780. If we break it down further, the land itself was valued at $290,000. Improvements to the property, however, were assessed at a total of $322,780. 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: 1967
  • Effective Year Built: 1987
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Minimum/playwood materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,494
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,296
  • Gross Building Area: 2,077
  • Building Area: 1,296
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-3 B-41 SUNSET BEACH PLAT 7/64-64A

Ownership

  • Current Owner : WEBER JEFFREY
  • Current Owner 2: WEBER LORI LEA
  • Previous Owner : SUNSET BEACH PROPERTIES LLC
  • Owner Before Previous Owner: ANDERSON ROBERT W
  • Owner Before Previous Owner 2: ANDERSON ANNE G
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Brunswick County Schools
  • School Tax School District: SUNSET BEACH
  • Census Tract: 020512

Zoning

  • Zoning: SBBR2

Geography

  • Assessors Map Reference: MAP 263AC
  • Account Number: 65819840
  • Parcel: 263AC013
  • Block: 41
  • Lot: 3
  • Municipality: SUNSET BEACH
  • Latitude: 33.8666
  • Longitude: -78.5164

    Address

  • Full Address: 425 40th St
  • Address - House Number: 425
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: NC
  • City Name: Sunset Beach
  • Carrier Code: R008
  • 4-Digit Zip Code: 4131
  • Zip Code: 28468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,007
  • Intital Tax Deliquent Year: 2012

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 68
  • Final Value: 770,510
  • High Value: 944,184
  • Low Value: 596,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: SECURITY SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 15, 2010
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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, 2040

    Market Valuation

  • Market Total Value: $612,780
  • Market Land Value: $290,000
  • Market Improvement Value: $322,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,780
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $322,780

    Sales

  • Current Sale Contract Date: Jan 13, 2010
  • Current Sale Recording Date: Jan 15, 2010
  • Current Sale Transaction ID: 1110828031
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 07, 2005
  • Previous Sale Contract Date: Jan 05, 2005
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY SAVINGS BANK
  • First Mortgage Transaction Date: Jan 15, 2010
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jan 07, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Sunset Beach



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 425 40th Street located in?
The 425 40th Street is a located in the neighborhood of Brunswick in Sunset Beach, Sunset Beach.
What is the average sales price for listings in 425 40th Street?
The average sales price for units in 425 40th Street is $0 currently.

Quantcast