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5420 Wood Ridge Road

5420 Wood Ridge Road, Wilmington, NC 28409
Property in Beacon Woods
Sold Jul 14, 2022
$403,000
$322,400 by Corning Federal Credit Union
Mortgage Due Aug 01, 2052
Sold Jan 30, 2015
$205,000
$163,920 by Stonegate Mortgage Corp
Mortgage Due Feb 01, 2030
5420 Wood Ridge Road has been categorized by the local assessors in Wilmington, NC as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 5420 Wood Ridge Road has 1,860 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 1,618 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 15,072 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 484 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 roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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, 5420 Wood Ridge Road was last sold in Jul 7, 2022 for $403,000. According to our calculations, that's $216.67 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Jan 26, 2015. Current property owners are expected to pay $1,493 in taxes per year. The property on 5420 Wood Ridge Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $272,700. To break that down further, the land itself was valued at $76,800. While improvements to the property were assessed at a total of $195,900. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • 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: 1,618
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,072
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,860
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEACON WOODS REV SEC 1B
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 3 SECTION 1 BEACON WOODS

Ownership

  • Current Owner : REECE THOMAS EVAN
  • Previous Owner : WILLIAM NORMAN JR DANIEL
  • Previous Owner 2: WILLIAM LEANNE K
  • Owner Before Previous Owner: BALTHAZER JOSEPH EDWARD
  • Owner Before Previous Owner 2: BALTHAZER JOYCE KNOWLES
  • Ownership Rights Codes: unknown

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 7119
  • District: FD
  • Section: 1
  • Parcel: R07119-011-003-000
  • Block: 11
  • Lot: 3
  • Municipality: FIRE DISTRICT
  • Latitude: 34.1494
  • Longitude: -77.8865

    Address

  • Full Address: 5420 Wood Ridge Rd
  • Address - House Number: 5420
  • Address - Street Name: Wood Ridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R010
  • 4-Digit Zip Code: 3963
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,493
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.0787
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 94
  • Final Value: 340,551
  • High Value: 367,356
  • Low Value: 313,745

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,400
  • First Open Lien Mortgage Lender: CORNING FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 14, 2022
  • First Open Lien Mortgage Loan Amount: $322,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $272,700
  • Market Land Value: $76,800
  • Market Improvement Value: $195,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,700
  • Assessed Land Value: $76,800
  • Assessed Improvements Value: $195,900

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Transaction ID: 11892114690
  • Current Sale Price: $403,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26038
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Jan 26, 2015
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNING FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Jul 14, 2022
  • First Mortgage Loan Amount: $322,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STONEGATE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 30, 2015
  • Previous Mortgage Loan Amount: $163,920
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2030

About Myrtle Grove



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5420 Wood Ridge Road located in?
The 5420 Wood Ridge Road is a located in the neighborhood of Beacon Woods in Myrtle Grove, Wilmington.
What is the average sales price for listings in 5420 Wood Ridge Road?
The average sales price for units in 5420 Wood Ridge Road is $0 currently.

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