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7404 Gilmore Drive

7404 Gilmore Drive, Wilmington, NC 28411
Sold Apr 06, 2021
$230,000
$172,500 by Angel Oak Home Loans Llc
Mortgage Due May 01, 2051
Sold Apr 17, 2017
$212,000
$201,400 by Alpha Mortgage Corp
Mortgage Due May 01, 2047
Local assessors in Wilmington, NC have categorized 7404 Gilmore Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 10,324 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a patio home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7404 Gilmore Drive has a total of 1,324 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,404 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 456 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7404 Gilmore Drive was last sold in Apr 6, 2021 for $230,000. According to our calculations, that's $173.72 per sqft. Prior to that sales transaction, the property was sold for $212,000 in Apr 11, 2017. Current property owners are expected to pay $0 in taxes per year. The property on 7404 Gilmore Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $202,700. To break that down further, the land itself was valued at $62,700. While improvements to the property were assessed at a total of $140,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C+
  • 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: 1,404
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,324
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,324
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESNEY PLACE AT WEST BAY ESTATES
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 4 SEC 1 CHESNEY PLACE AT WEST BAY ESTATES

Ownership

  • Current Owner : NICODEME NICHOLAS
  • Previous Owner : VEGA JOSE
  • Previous Owner 2: VEGA JENNIFER
  • Owner Before Previous Owner: BROWNING HEATHER D
  • Owner Before Previous Owner 2: JONES HEATHER D

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 011612

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 3600
  • District: FD
  • Section: 1
  • Parcel: R03600-001-114-000
  • Block: 1
  • Lot: 4
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2821
  • Longitude: -77.8184

    Address

  • Full Address: 7404 Gilmore Dr
  • Address - House Number: 7404
  • Address - Street Name: Gilmore
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R045
  • 4-Digit Zip Code: 8393
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 324,580
  • High Value: 386,706
  • Low Value: 262,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,500
  • First Open Lien Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $172,500
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $202,700
  • Market Land Value: $62,700
  • Market Improvement Value: $140,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,700
  • Assessed Land Value: $62,700
  • Assessed Improvements Value: $140,000

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11829824109
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021016885
  • Previous Sale Recording Date: Apr 17, 2017
  • Previous Sale Contract Date: Apr 11, 2017
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK HOME LOANS LLC
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $172,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALPHA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 17, 2017
  • Previous Mortgage Loan Amount: $201,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

About Murraysville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7404 Gilmore Drive located in?
The 7404 Gilmore Drive is a located in the neighborhood of Chesney Place at West Bay Estates in Murraysville, Wilmington.
What is the average sales price for listings in 7404 Gilmore Drive?
The average sales price for units in 7404 Gilmore Drive is $0 currently.

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