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614 Alabama Avenue

614 Alabama Avenue, Wilmington, NC 28401
Property in Summer Hills
Sold Sep 23, 2021
$230,000
$223,100 by Angel Oak Home Loans Llc
Mortgage Due Oct 01, 2051
Sold Feb 02, 2021
$87,000
$113,900 by Lendinghome Funding Corp
Mortgage
Local assessors in Wilmington, NC have categorized 614 Alabama Avenue as a residential type of property. The home was built in 1939 and is 85 years old. The property's lot size has been calculated to be 7,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 614 Alabama Avenue has a total of 800 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 800 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. The property was last sold in Sep 17, 2021 for $230,000. That's $287.50 per sqft. Prior to that sales transaction, the property was also sold in Jan 29, 2021 for $87,000. 614 Alabama Avenue was last assessed in 2023. The total value of the property was assessed at $130,000. Specifically, the land the property is located on was valued at $57,900. While improvements on the property were assessed at a total of $72,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,099. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Cottage
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 800
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 800
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 800
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMER HILL TRACT
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOTS 17-18 BLK 15 SUMMER HILL

Ownership

  • Current Owner : KELLY SEAN THOMAS
  • Previous Owner : OVERDRIVE INVESTMENT SOLUTIONS LLC
  • Owner Before Previous Owner: CANADAY CHRISTOPHER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 010900

Zoning

  • Zoning: R-7,RESIDE

Geography

  • Assessors Map Reference: MAP 6009
  • District: WM
  • Parcel: R06009-004-005-000
  • Block: 15
  • Lot: 17-18
  • Municipality: WILMINGTON
  • Latitude: 34.207
  • Longitude: -77.9411

    Address

  • Full Address: 614 Alabama Ave
  • Address - House Number: 614
  • Address - Street Name: Alabama
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C076
  • 4-Digit Zip Code: 6804
  • Zip Code: 28401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,099
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.0801
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 292,894
  • High Value: 316,383
  • Low Value: 269,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,100
  • First Open Lien Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 23, 2021
  • First Open Lien Mortgage Loan Amount: $223,100
  • 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, 2051

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $57,900
  • Market Improvement Value: $72,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,000
  • Assessed Land Value: $57,900
  • Assessed Improvements Value: $72,100

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11872943364
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021046322
  • Previous Sale Recording Date: Feb 02, 2021
  • Previous Sale Contract Date: Jan 29, 2021
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Mortgage Transaction Date: Sep 23, 2021
  • First Mortgage Loan Amount: $223,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 02, 2021
  • Previous Mortgage Loan Amount: $113,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Sunset Park



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Frequently Asked Questions

What neighborhood is 614 Alabama Avenue located in?
The 614 Alabama Avenue is a located in the neighborhood of Summer Hills in Sunset Park, Wilmington.
What is the average sales price for listings in 614 Alabama Avenue?
The average sales price for units in 614 Alabama Avenue is $0 currently.

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