Check Availability

722 Bedminister Lane

722 Bedminister Lane, Wilmington, NC 28405
Property in Landfall
Sold Jan 29, 2024
$935,000
$235,000 by Prime Lending Llc
Mortgage Due Feb 01, 2054
Sold Dec 08, 2020
$720,000
$180,000 by Select Bank & Trust Co
Mortgage
722 Bedminister Lane 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 2022 and is 2 years old. The home has a total of 3 bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 722 Bedminister Lane has 2,722 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.

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 652 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 average. 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 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. The property was last sold in Oct 30, 2023 for $935,000. That's $343.50 per sqft. Prior to that sales transaction, the property was also sold in Dec 7, 2020 for $720,000. 722 Bedminister Lane was last assessed in 2023. The total value of the property was assessed at $334,100. Specifically, the land the property is located on was valued at $132,700. While improvements on the property were assessed at a total of $201,400. 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 $2,823. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 652
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,722
  • Building Area: 2,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,722
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REGENCY COURT PH IV
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 24 PH IV REGENCY COURT

Ownership

  • Current Owner : SMITH DAVID F
  • Current Owner 2: SMITH CATHERINE B
  • Previous Owner : HPLEL RD LLC
  • Owner Before Previous Owner: AGARWAL FAMILY UNIVERSAL IV LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 011703

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 5100
  • District: WM
  • Parcel: R05100-002-123-000
  • Block: 2
  • Lot: 24
  • Municipality: WILMINGTON
  • Latitude: 34.248
  • Longitude: -77.8204

    Address

  • Full Address: 722 Bedminister Ln
  • Address - House Number: 722
  • Address - Street Name: Bedminister
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C083
  • 4-Digit Zip Code: 6240
  • Zip Code: 28405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,823
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 663,672
  • High Value: 781,307
  • Low Value: 546,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: PRIME LENDING LLC
  • First Open Lien Mortgage Recording Date: Jan 29, 2024
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $334,100
  • Market Land Value: $132,700
  • Market Improvement Value: $201,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,100
  • Assessed Land Value: $132,700
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Transaction ID: 11919721612
  • Current Sale Price: $935,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2047
  • Previous Sale Recording Date: Dec 08, 2020
  • Previous Sale Contract Date: Dec 07, 2020
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME LENDING LLC
  • First Mortgage Transaction Date: Jan 29, 2024
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SELECT BANK & TRUST CO
  • Previous Mortgage Transaction Date: Dec 08, 2020
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Landfall



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7459 Thais Trail, Wilmington, NC, 28411

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,285 ft²
7459 Thais Trail, Wilmington, NC, 28411 Listing by Debi Byrd

Frequently Asked Questions

What neighborhood is 722 Bedminister Lane located in?
The 722 Bedminister Lane is a located in the neighborhood of Landfall in Landfall, Wilmington.
What is the average sales price for listings in 722 Bedminister Lane?
The average sales price for units in 722 Bedminister Lane is $0 currently.

Nearby Counties
Quantcast