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5220 Marina Club Drive

5220 Marina Club Drive, Wilmington, NC 28409
Sold Jun 26, 2015
$420,000
$500,000 by Movement Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Jul 16, 2004
$359,500
5220 Marina Club Drive in Wilmington, NC was first built in 1983 and is 41 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 raised ranch style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5220 Marina Club Drive has 2,634 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. The basement is 1,855 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 16,988 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 462 sqft. There are a total of 3 available parking spaces. 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 good. The exterior walls of the home are made of wood. 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, 5220 Marina Club Drive sold most recently in Jun 24, 2015 for a total of $420,000. If you work out the math, that's approximately a cost of $159.45 per sqft. Before that, the property was also sold for $359,500 in Jul 16, 2004. 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 $2,288 in taxes each year. 5220 Marina Club Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $425,000. If we break it down further, the land itself was valued at $166,300. Improvements to the property, however, were assessed at a total of $258,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,855
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 2,634
  • Building Area: 2,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,634
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TANGLE OAKS CLUB MARINA SEC 1&2
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 5 SEC 1 TANGLE OAKS CLUB MARINA

Ownership

  • Current Owner : DEIBEL FRANK L
  • Current Owner 2: DEIBEL ANN B
  • Previous Owner : HILL KATHERINE A
  • Owner Before Previous Owner: WILLARD ALISON R DONALD S
  • 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 7612
  • District: FD
  • Section: 1
  • Parcel: R07612-004-025-000
  • Block: 4
  • Lot: 5
  • Municipality: FIRE DISTRICT
  • Latitude: 34.1351
  • Longitude: -77.8741

    Address

  • Full Address: 5220 Marina Club Dr
  • Address - House Number: 5220
  • Address - Street Name: Marina Club
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R057
  • 4-Digit Zip Code: 4101
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,288
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 658,131
  • High Value: 775,374
  • Low Value: 540,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $425,000
  • Market Land Value: $166,300
  • Market Improvement Value: $258,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,000
  • Assessed Land Value: $166,300
  • Assessed Improvements Value: $258,700

    Sales

  • Current Sale Contract Date: Jun 24, 2015
  • Current Sale Recording Date: Jun 26, 2015
  • Current Sale Transaction ID: 1211923727
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015019126
  • Previous Sale Recording Date: Jul 16, 2004
  • Previous Sale Contract Date: Jul 16, 2004
  • Previous Sale Amount: $359,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 26, 2015
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2045

About Myrtle Grove



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Frequently Asked Questions

What neighborhood is 5220 Marina Club Drive located in?
The 5220 Marina Club Drive is a located in the neighborhood of Tangle Oaks Club Marina in Myrtle Grove, Wilmington.
What is the average sales price for listings in 5220 Marina Club Drive?
The average sales price for units in 5220 Marina Club Drive is $0 currently.

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