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1010 Balfoure Drive

1010 Balfoure Drive, Wilmington, NC 28412
Sold Oct 22, 2010
$152,500
$150,473 by Monarch Bank
Mortgage Due Nov 01, 2040
Sold Jun 25, 2004
$135,000
1010 Balfoure Drive 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 1994 and is 30 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1010 Balfoure Drive has 2,012 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 754 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 11,587 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. 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 roof of the building is made of composition shingle. The exterior walls of the building are made of wood. 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, 1010 Balfoure Drive sold most recently in Oct 22, 2010 for a total of $152,500. If you work out the math, that's approximately a cost of $75.80 per sqft. Before that, the property was also sold for $135,000 in Jun 25, 2004. 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 $1,427 in taxes each year. 1010 Balfoure Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,100. If we break it down further, the land itself was valued at $64,600. Improvements to the property, however, were assessed at a total of $195,500. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 754
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,587
  • Total Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,012
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTINGTON FOREST
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 78 SEC 6 HUNTINGTON FOREST S/D

Ownership

  • Current Owner : COOKE ANTHONY M
  • Current Owner 2: IHBURG CAROLINE A
  • Previous Owner : CLARK DERRELL E
  • Previous Owner 2: CLARK JO ANN D
  • Owner Before Previous Owner: NGUYEN SAMANTHA RETORICK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012111

Zoning

  • Zoning: R-10,RESID

Geography

  • Assessors Map Reference: MAP 7015
  • District: FD
  • Section: 6
  • Parcel: R07015-003-032-000
  • Block: 3
  • Lot: 78
  • Municipality: FIRE DISTRICT
  • Latitude: 34.154
  • Longitude: -77.9223

    Address

  • Full Address: 1010 Balfoure Dr
  • Address - House Number: 1010
  • Address - Street Name: Balfoure
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C034
  • 4-Digit Zip Code: 7655
  • Zip Code: 28412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,427
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 428,741
  • High Value: 509,842
  • Low Value: 347,639

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $193,611
  • First Open Lien Mortgage Lender: MONARCH BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2010
  • First Open Lien Mortgage Loan Amount: $150,473
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Mar 19, 2014
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $43,138
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2044

    Market Valuation

  • Market Total Value: $260,100
  • Market Land Value: $64,600
  • Market Improvement Value: $195,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,100
  • Assessed Land Value: $64,600
  • Assessed Improvements Value: $195,500

    Sales

  • Current Sale Contract Date: Oct 22, 2010
  • Current Sale Recording Date: Oct 22, 2010
  • Current Sale Transaction ID: 1198024815
  • Current Sale Price: $152,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010029922
  • Previous Sale Recording Date: Jun 25, 2004
  • Previous Sale Contract Date: Jun 25, 2004
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONARCH BANK
  • First Mortgage Transaction Date: Oct 22, 2010
  • First Mortgage Loan Amount: $150,473
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2040

About Silver Lake



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Frequently Asked Questions

What neighborhood is 1010 Balfoure Drive located in?
The 1010 Balfoure Drive is a located in the neighborhood of Huntington Forest in Silver Lake, Wilmington.
What is the average sales price for listings in 1010 Balfoure Drive?
The average sales price for units in 1010 Balfoure Drive is $0 currently.

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