See Home Value
$341,113*
House - Off Market

702 Timber Lane

Wilmington, NC 28405
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1600 Sqft
$216,000 - $262,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model
Sold May 10, 2021
$282,000
$238,500 by Alcova Mortgage Llc
Mortgage Due Jun 01, 2051
Sold May 08, 2020
$208,000

About This Property

Stately Home Located in beautiful Long Leaf Acres. New Roof in 2017,New Windows,Remodeled Bath. A great investment or primary residence. True to the 1970's gorgeous knotty pine,put your special touches with updates fro a truly magnificent Home.

The manager has listed the unit size as 1600 square feet.
Unit Size
1,600Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
May 10, 2021 Sold to Michael Regan, Stacey Regan $282,000
Sold to Michael Regan, Stacey Regan
Apr 15, 2020 No longer available -
No longer available
Feb 26, 2020 Listed $239,900
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • 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: 1,260
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 20,560
  • Total Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,602
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONGLEAF ACRES SEC 2
  • Land Acres: 0.472
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: 43 LONG LEAF ACRES

Ownership

  • Current Owner : REGAN MICHAEL
  • Current Owner 2: REGAN STACEY
  • Previous Owner : ECKENRODE KENNETH LEO
  • Previous Owner 2: ECKENRODE KELLY L
  • Owner Before Previous Owner: HODGE LISA MCCLELLAN
  • Owner Before Previous Owner 2: HODGE DANNY
  • Ownership Rights Codes: Trust

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 011701

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 5014
  • District: WM
  • Parcel: R05014-010-017-000
  • Block: 10
  • Lot: 17
  • Municipality: WILMINGTON
  • Latitude: 34.2422
  • Longitude: -77.8558

    Address

  • Full Address: 702 Timber Ln
  • Address - House Number: 702
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C036
  • 4-Digit Zip Code: 3837
  • Zip Code: 28405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,771
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 384,410
  • High Value: 458,483
  • Low Value: 310,336

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,500
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Loan Amount: $238,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $209,600
  • Market Land Value: $119,500
  • Market Improvement Value: $90,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,600
  • Assessed Land Value: $119,500
  • Assessed Improvements Value: $90,100

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11834172774
  • Current Sale Price: $282,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021023341
  • Previous Sale Recording Date: May 08, 2020
  • Previous Sale Contract Date: May 06, 2020
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $238,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Windemere


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Frequently Asked Questions

When was property at 702 Timber Lane built and last sold?
The property at 702 Timber Lane was built in 1957 and last sold on May 7, 2021 for $282,000.
How much is this home worth?
The estimated value of the home located at 702 Timber Lane is $242,299.
What are some comparable homes to 702 Timber Lane?
There are currently no comparable homes to 702 Timber Lane.

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