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501 Normandy Drive

501 Normandy Drive, Wilmington, NC 28412
Property in Marquis Hills
Sold Nov 30, 2016
$145,000
$116,000 by Usaa Fsb
Mortgage Due Dec 01, 2046
Sold Sep 26, 2012
$75,000
501 Normandy Drive 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 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 2022. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. 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, 501 Normandy Drive has 1,395 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 1,395 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 11,500 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. 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 brick veneer. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Sep 26, 2016 for $145,000. That's $103.94 per sqft. Prior to that sales transaction, the property was also sold in Sep 24, 2012 for $75,000. 501 Normandy Drive was last assessed in 2023. The total value of the property was assessed at $93,900. Specifically, the land the property is located on was valued at $71,000. While improvements on the property were assessed at a total of $22,900. 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 $558. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1970
  • Effective Year Built: 2022
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,395
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 1,395
  • Building Area: 1,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,395
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MARQUIS HILLS SEC 5
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 115 SEC 5 MARQUIS HILLS

Ownership

  • Current Owner : JONES DONALD M
  • Current Owner 2: JONES EDITH M
  • Previous Owner : MARRIOTT JOHN ANDREW
  • Previous Owner 2: MARRIOTT CAROL VOIGT
  • Owner Before Previous Owner: P & T COASTAL PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012110

Zoning

  • Zoning: R-10,RESID

Geography

  • Assessors Map Reference: MAP 7609
  • District: FD
  • Section: 5
  • Parcel: R07609-008-009-000
  • Block: 8
  • Lot: 115
  • Municipality: FIRE DISTRICT
  • Latitude: 34.138
  • Longitude: -77.9069

    Address

  • Full Address: 501 Normandy Dr
  • Address - House Number: 501
  • Address - Street Name: Normandy
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C099
  • 4-Digit Zip Code: 7925
  • Zip Code: 28412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $558
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 73
  • Final Value: 249,313
  • High Value: 298,283
  • Low Value: 200,343

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $236,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Nov 30, 2016
  • First Open Lien Mortgage Loan Amount: $116,000
  • 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: Dec 01, 2046
  • Second Open Lien Mortgage Lender: CORNING FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 19, 2022
  • Second Open Lien Mortgage Loan Amount: $120,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $93,900
  • Market Land Value: $71,000
  • Market Improvement Value: $22,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,900
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $22,900

    Sales

  • Current Sale Contract Date: Sep 26, 2016
  • Current Sale Recording Date: Nov 30, 2016
  • Current Sale Transaction ID: 1886647901
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016039002
  • Previous Sale Recording Date: Sep 26, 2012
  • Previous Sale Contract Date: Sep 24, 2012
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Nov 30, 2016
  • First Mortgage Loan Amount: $116,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

About Silver Lake



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Frequently Asked Questions

What neighborhood is 501 Normandy Drive located in?
The 501 Normandy Drive is a located in the neighborhood of Marquis Hills in Silver Lake, Wilmington.
What is the average sales price for listings in 501 Normandy Drive?
The average sales price for units in 501 Normandy Drive is $0 currently.

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