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741 Waterstone Drive

741 Waterstone Drive, Wilmington, NC 28411
Property in Bayshore
Sold Apr 22, 2022
$950,000
$770,640 by Navy Federal Credit Union
Mortgage Due May 01, 2052
Sold Jul 23, 2021
$329,000
$650,000 by Bank & Trust Co
Mortgage
741 Waterstone Drive in Wilmington, NC was first built in 2021 and is 3 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 741 Waterstone Drive has 3,912 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,276 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a garage. The garage is 264 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 741 Waterstone Drive sold most recently in Apr 18, 2022 for a total of $950,000. If you work out the math, that's approximately a cost of $242.84 per sqft. Before that, the property was also sold for $329,000 in Jul 20, 2021. 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 $3,664 in taxes each year. 741 Waterstone Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $692,200. If we break it down further, the land itself was valued at $120,400. Improvements to the property, however, were assessed at a total of $571,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B-
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,912
  • Building Area: 3,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,912
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 144 PH 2 WATERSTONE

Ownership

  • Current Owner : LANZI JOHN A
  • Current Owner 2: LANZI ALLYSON E
  • Previous Owner : MICHAEL CHRISTIAN HOMES LLC
  • Owner Before Previous Owner: MCCLAMMY FARMS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012300

Zoning

  • Zoning: R-20,RESID

Geography

  • Assessors Map Reference: MAP 3700
  • District: FD
  • Parcel: R03700-004-433-000
  • Block: 4
  • Lot: 144
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2892
  • Longitude: -77.7788

    Address

  • Full Address: 741 Waterstone Dr
  • Address - House Number: 741
  • Address - Street Name: Waterstone
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R060
  • 4-Digit Zip Code: 8045
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,664
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,016,830
  • High Value: 1,198,065
  • Low Value: 835,596

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $863,340
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $770,640
  • 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, 2052
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 09, 2023
  • Second Open Lien Mortgage Loan Amount: $92,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $692,200
  • Market Land Value: $120,400
  • Market Improvement Value: $571,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,200
  • Assessed Land Value: $120,400
  • Assessed Improvements Value: $571,800

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Transaction ID: 11886074258
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15498
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jul 20, 2021
  • Previous Sale Amount: $329,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Apr 22, 2022
  • First Mortgage Loan Amount: $770,640
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 23, 2021
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Bayshore



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Frequently Asked Questions

What neighborhood is 741 Waterstone Drive located in?
The 741 Waterstone Drive is a located in the neighborhood of Bayshore in Bayshore, Wilmington.
What is the average sales price for listings in 741 Waterstone Drive?
The average sales price for units in 741 Waterstone Drive is $0 currently.

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