617 Colonial Drive

617 Colonial Drive 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 1940 and is 84 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 617 Colonial Drive has 2,442 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 1,221 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 linear feet between the front and back of the lot is 1,800 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 17,860 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. 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 B- by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 16, 2019 for $405,000. That's $165.85 per sqft. Prior to that sales transaction, the property was also sold in Nov 26, 2003 for $311,000. 617 Colonial Drive was last assessed in 2023. The total value of the property was assessed at $362,600. Specifically, the land the property is located on was valued at $123,400. While improvements on the property were assessed at a total of $239,200. 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 $3,064. 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. 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.