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5029 Dockside Drive

5029 Dockside Drive, Wilmington, NC 28409
Property in Myrtle Grove
Sold Dec 28, 2021
$1,500,000
$1,000,000 by Southern Bank & Trust Co
Mortgage
5029 Dockside Drive in Wilmington, NC was first built in 2015 and is 9 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5029 Dockside Drive has 3,475 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,424 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a garage. The garage is 800 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 5029 Dockside Drive sold most recently in Dec 22, 2021 for a total of $1,500,000. If you work out the math, that's approximately a cost of $431.65 per sqft. 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 $5,097 in taxes each year. 5029 Dockside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $966,500. If we break it down further, the land itself was valued at $470,300. Improvements to the property, however, were assessed at a total of $496,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: B+
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,430
  • Garage Type: Garage
  • Garage Square Area: 800
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 3,475
  • Building Area: 3,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,475
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HELMS PORT SUBDIVISION
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 56 HELMSPORT S/D PHASE 1

Ownership

  • Current Owner : BUNN WALTER EDWIN
  • Current Owner 2: BUNN SHERREL SHOLAR
  • Previous Owner : BAGSHAW JEFFREY L
  • Previous Owner 2: BAGSHAW MELINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012103

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 7600
  • District: FD
  • Subdivision Phase Number: 1
  • Parcel: R07600-003-132-000
  • Block: 3
  • Lot: 56
  • Municipality: FIRE DISTRICT
  • Latitude: 34.1397
  • Longitude: -77.8686

    Address

  • Full Address: 5029 Dockside Dr
  • Address - House Number: 5029
  • Address - Street Name: Dockside
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R057
  • 4-Digit Zip Code: 3722
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,097
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 1,443,430
  • High Value: 1,709,880
  • Low Value: 1,176,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: SOUTHERN BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $966,500
  • Market Land Value: $470,300
  • Market Improvement Value: $496,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $966,500
  • Assessed Land Value: $470,300
  • Assessed Improvements Value: $496,200

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11875979560
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021060890

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Myrtle Grove



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5029 Dockside Drive located in?
The 5029 Dockside Drive is a located in the neighborhood of Myrtle Grove in Myrtle Grove, Wilmington.
What is the average sales price for listings in 5029 Dockside Drive?
The average sales price for units in 5029 Dockside Drive is $0 currently.

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