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502 Silver Ring Court

502 Silver Ring Court, Wilmington, NC 28411
Property in Emerald Forest
Sold Nov 25, 1998
$145,000
$156,800 by Bank Of America Na
Mortgage Due May 01, 2044
Sold Jun 18, 1997
Transfer
Local assessors in Wilmington, NC have categorized 502 Silver Ring Court as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 19,166 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 502 Silver Ring Court has a total of 1,840 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,630 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 502 Silver Ring Court was last sold in Nov 25, 1998 for $145,000. According to our calculations, that's $78.80 per sqft. Current property owners are expected to pay $1,712 in taxes per year. The property on 502 Silver Ring Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $314,700. To break that down further, the land itself was valued at $83,900. While improvements to the property were assessed at a total of $230,800. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,630
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,840
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EMERALD FOREST PH 1 SEC 5 & 6
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 155 SEC 6 PH 1 EMERALD FOREST

Ownership

  • Current Owner : BRENNAN ROBERT J KRISTINA
  • Previous Owner : BILL CLARK HOMES OF WILM LLC
  • Owner Before Previous Owner: BILL CLARK HOMES OF WILM LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 011705

Zoning

  • Zoning: R-20,RESID

Geography

  • Assessors Map Reference: MAP 4400
  • District: FD
  • Section: 6
  • Subdivision Phase Number: 1
  • Parcel: R04400-003-080-000
  • Block: 3
  • Lot: 155
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2693
  • Longitude: -77.8055

    Address

  • Full Address: 502 Silver Ring Ct
  • Address - House Number: 502
  • Address - Street Name: Silver Ring
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R031
  • 4-Digit Zip Code: 7145
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,712
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 485,130
  • High Value: 570,325
  • Low Value: 399,935

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $368,300
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 23, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $156,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2044
  • Second Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Nov 18, 2009
  • Second Open Lien Mortgage Loan Amount: $161,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2039
  • Third Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Apr 12, 2023
  • Third Open Lien Mortgage Loan Amount: $50,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Apr 12, 2053

    Market Valuation

  • Market Total Value: $314,700
  • Market Land Value: $83,900
  • Market Improvement Value: $230,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,700
  • Assessed Land Value: $83,900
  • Assessed Improvements Value: $230,800

    Sales

  • Current Sale Contract Date: Nov 25, 1998
  • Current Sale Recording Date: Nov 25, 1998
  • Current Sale Transaction ID: 1714517390
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 18, 1997
  • Previous Sale Contract Date: Jun 18, 1997
  • Previous Sale Document Type: Deed

About Ogden



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Frequently Asked Questions

What neighborhood is 502 Silver Ring Court located in?
The 502 Silver Ring Court is a located in the neighborhood of Emerald Forest in Ogden, Wilmington.
What is the average sales price for listings in 502 Silver Ring Court?
The average sales price for units in 502 Silver Ring Court is $0 currently.

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