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7131 Ontario Road

7131 Ontario Road, Wilmington, NC 28412
Sold Sep 15, 2015
$342,500
$274,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2045
Sold May 27, 2010
$330,000
$228,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2040
7131 Ontario 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 2009 and is 15 years old. The home has a total of 4 bedrooms. Residents will have access to 3 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, 7131 Ontario Road has 2,702 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,810 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 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. 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, 7131 Ontario Road sold most recently in Sep 9, 2015 for a total of $342,500. If you work out the math, that's approximately a cost of $126.76 per sqft. Before that, the property was also sold for $330,000 in May 25, 2010. 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 $1,941 in taxes each year. 7131 Ontario Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $362,600. If we break it down further, the land itself was valued at $69,600. Improvements to the property, however, were assessed at a total of $293,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 876
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,702
  • Building Area: 2,702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,702
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAKE SUBDIVISION
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 214 PH 1-A WOODLAKE SUBDIVISION

Ownership

  • Current Owner : THEISS PAUL
  • Current Owner 2: THEISS MELINDA
  • Previous Owner : HOLMES ANTHONY
  • Previous Owner 2: HOLMES JENNIFER C
  • Owner Before Previous Owner: WOODLAKE HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012106

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 8100
  • District: FD
  • Parcel: R08100-006-150-000
  • Block: 6
  • Lot: 214
  • Municipality: FIRE DISTRICT
  • Latitude: 34.0936
  • Longitude: -77.9132

    Address

  • Full Address: 7131 Ontario Rd
  • Address - House Number: 7131
  • Address - Street Name: Ontario
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R049
  • 4-Digit Zip Code: 3451
  • Zip Code: 28412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,941
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 582,852
  • High Value: 686,364
  • Low Value: 479,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 15, 2015
  • First Open Lien Mortgage Loan Amount: $274,000
  • 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, 2045

    Market Valuation

  • Market Total Value: $362,600
  • Market Land Value: $69,600
  • Market Improvement Value: $293,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,600
  • Assessed Land Value: $69,600
  • Assessed Improvements Value: $293,000

    Sales

  • Current Sale Contract Date: Sep 09, 2015
  • Current Sale Recording Date: Sep 15, 2015
  • Current Sale Transaction ID: 11724006019
  • Current Sale Price: $342,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015028293
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Contract Date: May 25, 2010
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 15, 2015
  • First Mortgage Loan Amount: $274,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 27, 2010
  • Previous Mortgage Loan Amount: $228,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Ocean Forest Lakes



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Frequently Asked Questions

What neighborhood is 7131 Ontario Road located in?
The 7131 Ontario Road is a located in the neighborhood of Ocean Forest Lakes in Ocean Forest Lakes, Wilmington.
What is the average sales price for listings in 7131 Ontario Road?
The average sales price for units in 7131 Ontario Road is $0 currently.

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