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507 Fern Creek Lane

507 Fern Creek Lane, Carolina Beach, NC 28428
Property in Ocean Ridge
Sold Oct 01, 2013
$261,500
$180,000 by Joan W Harmon Etal
Mortgage Due Sep 01, 2043
Sold Dec 03, 2007
$133,000
$160,000 by Bank Of America Na
Mortgage Due Jun 01, 2038
507 Fern Creek Lane has been categorized by the local assessors in Carolina Beach, NC as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 507 Fern Creek Lane has 1,765 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 1,412 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 10,759 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 396 sqft. 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 exterior walls of the building are made of wood. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 507 Fern Creek Lane was last sold in Sep 30, 2013 for $261,500. According to our calculations, that's $148.16 per sqft. Prior to that sales transaction, the property was sold for $133,000 in Nov 15, 2007. Current property owners are expected to pay $2,440 in taxes per year. The property on 507 Fern Creek Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $366,900. To break that down further, the land itself was valued at $109,500. While improvements to the property were assessed at a total of $257,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Contemporary
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,412
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,759
  • Total Building Area: 1,765
  • Building Area: 1,765
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,765
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN RIDGE
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 43 OCEAN RIDGE SEC 1

Ownership

  • Current Owner : HOLMES WESLEY
  • Current Owner 2: HOLMES MARGARET
  • Previous Owner : THOMPSON JOHN W
  • Previous Owner 2: THOMPSON JULIE R
  • Owner Before Previous Owner: PARKS PAUL R
  • Owner Before Previous Owner 2: PARKS VICKI L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012201

Zoning

  • Zoning: R-2,WB TWO

Geography

  • Assessors Map Reference: MAP 8818
  • District: CB
  • Section: 1
  • Parcel: R08818-024-009-000
  • Block: 24
  • Lot: 43
  • Municipality: CAROLINA BEACH
  • Latitude: 34.0405
  • Longitude: -77.8999

    Address

  • Full Address: 507 Fern Creek Ln
  • Address - House Number: 507
  • Address - Street Name: Fern Creek
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Carolina Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 3806
  • Zip Code: 28428

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,440
  • Tax Rate Code Area: CB

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 666,547
  • High Value: 785,290
  • Low Value: 547,805

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: JOAN W HARMON ETAL
  • First Open Lien Mortgage Recording Date: Oct 01, 2013
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Sep 01, 2043
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: JOAN V HARMON ETAL
  • Second Open Lien Mortgage Recording Date: Oct 01, 2013
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2043
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $366,900
  • Market Land Value: $109,500
  • Market Improvement Value: $257,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,900
  • Assessed Land Value: $109,500
  • Assessed Improvements Value: $257,400

    Sales

  • Current Sale Contract Date: Sep 30, 2013
  • Current Sale Recording Date: Oct 01, 2013
  • Current Sale Transaction ID: 1198044763
  • Current Sale Price: $261,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013035576
  • Previous Sale Recording Date: Dec 03, 2007
  • Previous Sale Contract Date: Nov 15, 2007
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOAN W HARMON ETAL
  • First Mortgage Transaction Date: Oct 01, 2013
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2043
  • Second Mortgage Lender: JOAN V HARMON ETAL
  • Second Mortgage Transaction Date: Oct 01, 2013
  • Second Mortgage Loan Amount: $60,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Mortgage Loan Due Date: Sep 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Dec 03, 2007
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Ocean Ridge



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Frequently Asked Questions

What neighborhood is 507 Fern Creek Lane located in?
The 507 Fern Creek Lane is a located in the neighborhood of Ocean Ridge in Ocean Ridge, Carolina Beach.
What is the average sales price for listings in 507 Fern Creek Lane?
The average sales price for units in 507 Fern Creek Lane is $0 currently.

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