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425 Estate Road

425 Estate Road, Wilmington, NC 28405
Sold Nov 23, 2021
$200,000
$145,600 by Ovm Financial Inc
Mortgage Due Dec 01, 2051
Sold Oct 03, 2019
$145,000
$142,373 by Movement Mortgage
Mortgage Due Nov 01, 2049
425 Estate 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 2000 and is 24 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 425 Estate Road has 1,188 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 480 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 1,568 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Nov 10, 2021 for $200,000. That's $168.35 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2019 for $145,000. 425 Estate Road was last assessed in 2023. The total value of the property was assessed at $156,800. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $106,800. 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 $662. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 480
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,568
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,188
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLELLAND TWHS
  • Land Acres: 0.036
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: LOT 44-2 MCCLELLAND TOWNHOMES

Ownership

  • Current Owner : WILSON BRYAN
  • Previous Owner : TURNER JENNIFER ELIZABETH
  • Owner Before Previous Owner: FELA KIMBERLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 010300

Zoning

  • Zoning: MF-M,MULTI

Geography

  • Assessors Map Reference: MAP 4910
  • District: WM
  • Parcel: R04910-008-088-000
  • Block: 8
  • Lot: 2-44
  • Municipality: WILMINGTON
  • Latitude: 34.2477
  • Longitude: -77.8956

    Address

  • Full Address: 425 Estate Rd
  • Address - House Number: 425
  • Address - Street Name: Estate
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C100
  • 4-Digit Zip Code: 3385
  • Zip Code: 28405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $662
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 62
  • Final Value: 244,325
  • High Value: 308,943
  • Low Value: 179,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,600
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $145,600
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $156,800
  • Market Land Value: $50,000
  • Market Improvement Value: $106,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,800
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $106,800

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11869424096
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021055926
  • Previous Sale Recording Date: Oct 03, 2019
  • Previous Sale Contract Date: Sep 26, 2019
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $145,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Oct 03, 2019
  • Previous Mortgage Loan Amount: $142,373
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About McClelland Townhomes



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Frequently Asked Questions

What neighborhood is 425 Estate Road located in?
The 425 Estate Road is a located in the neighborhood of McClelland Townhomes in McClelland Townhomes, Wilmington.
What is the average sales price for listings in 425 Estate Road?
The average sales price for units in 425 Estate Road is $0 currently.

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