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554 Kelly Road

554 Kelly Road, Wilmington, NC 28409
Property in Millbrook
Sold Sep 15, 2022
$283,500
$240,868 by Angel Oak Mortgage Solutions L
Mortgage Due Oct 01, 2052
Sold Oct 20, 2017
$197,000
$201,235 by Atlantic Bay Mortgage Group Ll
Mortgage Due Nov 01, 2047
554 Kelly 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 1980 and is 44 years old. The home has a total of 3 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, 554 Kelly Road has 1,416 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 partial basement that is 480 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 33,106 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 312 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 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. 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, 554 Kelly Road sold most recently in Sep 6, 2022 for a total of $283,500. If you work out the math, that's approximately a cost of $200.21 per sqft. Before that, the property was also sold for $197,000 in Oct 5, 2017. 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 $2,212 in taxes each year. 554 Kelly Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $261,800. 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 $155,200. 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: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 480
  • Garage Type: Garage
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,416
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBROOK SEC 5C
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 206 SEC 5 C MILLBROOK

Ownership

  • Current Owner : FOWLER TANYA L
  • Previous Owner : EDWARDS NATHAN A
  • Previous Owner 2: EDWARDS HAFSAH
  • Owner Before Previous Owner: IMHOF ERIC W
  • Owner Before Previous Owner 2: IMHOF GAIL P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012009

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 6620
  • District: WM
  • Section: 5
  • Parcel: R06620-008-010-000
  • Block: 8
  • Lot: 206
  • Municipality: WILMINGTON
  • Latitude: 34.1717
  • Longitude: -77.8709

    Address

  • Full Address: 554 Kelly Rd
  • Address - House Number: 554
  • Address - Street Name: Kelly
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R008
  • 4-Digit Zip Code: 3160
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,212
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 383,341
  • High Value: 456,284
  • Low Value: 310,397

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,868
  • First Open Lien Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • First Open Lien Mortgage Recording Date: Sep 15, 2022
  • First Open Lien Mortgage Loan Amount: $240,868
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $261,800
  • Market Land Value: $106,600
  • Market Improvement Value: $155,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,800
  • Assessed Land Value: $106,600
  • Assessed Improvements Value: $155,200

    Sales

  • Current Sale Contract Date: Sep 06, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Transaction ID: 11895979051
  • Current Sale Price: $283,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33370
  • Previous Sale Recording Date: Oct 20, 2017
  • Previous Sale Contract Date: Oct 05, 2017
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • First Mortgage Transaction Date: Sep 15, 2022
  • First Mortgage Loan Amount: $240,868
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • Previous Mortgage Transaction Date: Oct 20, 2017
  • Previous Mortgage Loan Amount: $201,235
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Pine Valley East



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Frequently Asked Questions

What neighborhood is 554 Kelly Road located in?
The 554 Kelly Road is a located in the neighborhood of Millbrook in Pine Valley East, Wilmington.
What is the average sales price for listings in 554 Kelly Road?
The average sales price for units in 554 Kelly Road is $0 currently.

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