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7202 Lounsberry Court

7202 Lounsberry Court, Wilmington, NC 28405
Sold Apr 30, 2018
$319,000
$242,500 by Southern Trust Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Oct 09, 2013
$210,000
$189,000 by Platinum Home Mortgage Corp
Mortgage Due Nov 01, 2043
7202 Lounsberry Court 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 1995 and is 29 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, 7202 Lounsberry Court has 1,888 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 1,650 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 19,733 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a patio home 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 420 sqft. According to our sources, there are a total of 2 available parking spaces. 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 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, 7202 Lounsberry Court sold most recently in Apr 30, 2018 for a total of $319,000. If you work out the math, that's approximately a cost of $168.96 per sqft. Before that, the property was also sold for $210,000 in Oct 8, 2013. 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 $1,776 in taxes each year. 7202 Lounsberry Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $327,000. If we break it down further, the land itself was valued at $105,300. Improvements to the property, however, were assessed at a total of $221,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Patio home
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,650
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,733
  • Total Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,888
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEPPER TREE SEC 1 REVISON
  • Land Acres: 0.453
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 17R SECTION 1 PEPPER TREE

Ownership

  • Current Owner : STANHOPE JOHN T
  • Current Owner 2: STANHOPE HIROKO
  • Previous Owner : BASS MARTIN B
  • Previous Owner 2: BASS JAMIE
  • Owner Before Previous Owner: LOCH C LOUANNE
  • Owner Before Previous Owner 2: ERICH LOCH W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 011705

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 4413
  • District: FD
  • Section: 1
  • Parcel: R04413-007-013-000
  • Block: 7
  • Lot: 17R
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2616
  • Longitude: -77.8191

    Address

  • Full Address: 7202 Lounsberry Ct
  • Address - House Number: 7202
  • Address - Street Name: Lounsberry
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R030
  • 4-Digit Zip Code: 3758
  • Zip Code: 28405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,776
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 514,474
  • High Value: 606,548
  • Low Value: 422,401

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,500
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $242,500
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $327,000
  • Market Land Value: $105,300
  • Market Improvement Value: $221,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,000
  • Assessed Land Value: $105,300
  • Assessed Improvements Value: $221,700

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: Apr 30, 2018
  • Current Sale Transaction ID: 11457007591
  • Current Sale Price: $319,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018013063
  • Previous Sale Recording Date: Oct 09, 2013
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK MORTGAGE
  • First Mortgage Transaction Date: Apr 30, 2018
  • First Mortgage Loan Amount: $255,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 09, 2013
  • Previous Mortgage Loan Amount: $189,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Ogden



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Frequently Asked Questions

What neighborhood is 7202 Lounsberry Court located in?
The 7202 Lounsberry Court is a located in the neighborhood of Pepper Tree at Covil Estates in Ogden, Wilmington.
What is the average sales price for listings in 7202 Lounsberry Court?
The average sales price for units in 7202 Lounsberry Court is $0 currently.

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