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5350 Megans Place Drive

5350 Megans Place Drive, Wilmington, NC 28409
Property in Megans Place
Sold Mar 28, 2024
$545,000
Sold Dec 17, 2018
$371,500
$232,000 by State Employees Cu
Mortgage Due Jan 01, 2039
5350 Megans Place Drive in Wilmington, NC was first built in 2003 and is 21 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 2 full bathrooms. There are 3 partial bathrooms. 5350 Megans Place Drive has 2,278 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 2,036 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 13,112 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 484 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 good. The exterior walls of the home are made of brick veneer. 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, 5350 Megans Place Drive sold most recently in Mar 19, 2024 for a total of $545,000. If you work out the math, that's approximately a cost of $239.24 per sqft. Before that, the property was also sold for $371,500 in Dec 11, 2018. 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 $3,074 in taxes each year. 5350 Megans Place Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $363,800. If we break it down further, the land itself was valued at $106,600. Improvements to the property, however, were assessed at a total of $257,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: B-
  • 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: 2,036
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,112
  • Total Building Area: 2,278
  • Building Area: 2,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,278
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEGANS PLACE REVISION
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 22R MEGANS PLACE

Ownership

  • Current Owner : JAKUBOWSKI ALEX
  • Current Owner 2: JAKUBOWSKI AMY V
  • Previous Owner : LEE SOON GOO
  • Previous Owner 2: LEE KYUNGEUN
  • Owner Before Previous Owner: SCHROEDER GLENN E
  • Owner Before Previous Owner 2: SCHROEDER TERESA MCNABB
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012004

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 6700
  • District: WM
  • Parcel: R06700-005-137-000
  • Block: 5
  • Lot: 22R
  • Municipality: WILMINGTON
  • Latitude: 34.1736
  • Longitude: -77.8593

    Address

  • Full Address: 5350 Megans Place Dr
  • Address - House Number: 5350
  • Address - Street Name: Megans Place
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R033
  • 4-Digit Zip Code: 3677
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,074
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 544,295
  • High Value: 588,818
  • Low Value: 499,772

    Market Valuation

  • Market Total Value: $363,800
  • Market Land Value: $106,600
  • Market Improvement Value: $257,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,800
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $257,200

    Sales

  • Current Sale Contract Date: Mar 19, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Transaction ID: 11923306466
  • Current Sale Price: $545,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7339
  • Previous Sale Recording Date: Dec 17, 2018
  • Previous Sale Contract Date: Dec 11, 2018
  • Previous Sale Amount: $371,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Dec 17, 2018
  • Previous Mortgage Loan Amount: $232,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2039

About Megans Place



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Frequently Asked Questions

What neighborhood is 5350 Megans Place Drive located in?
The 5350 Megans Place Drive is a located in the neighborhood of Megans Place in Megans Place, Wilmington.
What is the average sales price for listings in 5350 Megans Place Drive?
The average sales price for units in 5350 Megans Place Drive is $0 currently.

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