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1509 Market Street

1509 Market Street, Wilmington, NC 28401
Property in Carolina Heights
Sold Mar 18, 2016
$379,000
$180,000 by Movement Mortgage
Mortgage Due Apr 01, 2046
Sold Dec 10, 2004
$383,500
Local assessors in Wilmington, NC have categorized 1509 Market Street as a residential type of property. The home was built in 1914 and is 110 years old. The property's lot size has been calculated to be 7,841 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Mediterranean 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, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1509 Market Street has a total of 3,392 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 1,386 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. 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 - A-. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. The property was last sold in Mar 11, 2016 for $379,000. That's $111.73 per sqft. Prior to that sales transaction, the property was also sold in Dec 10, 2004 for $383,500. 1509 Market Street was last assessed in 2023. The total value of the property was assessed at $743,200. Specifically, the land the property is located on was valued at $61,800. While improvements on the property were assessed at a total of $681,400. 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 $6,280. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1914
  • Effective Year Built: 1914
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: A-
  • Building Style: Mediterranean
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,386
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,392
  • Gross Building Area: 3,392
  • Building Area: 3,392
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,392
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OFFICIAL PLAN OF THE CITY OF WILMINGTON
  • Land Acres: 0.18
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: WM 4/5 PT 3 BLK 484

Ownership

  • Current Owner : COSENTINO EDMUND
  • Current Owner 2: COSENTINO CATHY
  • Previous Owner : PULSON ELPETHA T
  • Owner Before Previous Owner: MANEY SHIRLEY J WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 010200

Zoning

  • Zoning: R-7,RESIDE

Geography

  • Assessors Map Reference: MAP 4818
  • District: WM
  • Parcel: R04818-022-004-000
  • Block: 484
  • Lot: 4
  • Municipality: WILMINGTON
  • Latitude: 34.2372
  • Longitude: -77.9297

    Address

  • Full Address: 1509 Market St
  • Address - House Number: 1509
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: NC
  • City Name: Wilmington
  • Carrier Code: C060
  • 4-Digit Zip Code: 4910
  • Zip Code: 28401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,280
  • Tax Rate Code Area: WM

    Appraisal Valuation

  • Standard Deviation: 0.1609
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 1,002,519
  • High Value: 1,163,861
  • Low Value: 841,177

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 18, 2016
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Cash
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $743,200
  • Market Land Value: $61,800
  • Market Improvement Value: $681,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $743,200
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $681,400

    Sales

  • Current Sale Contract Date: Mar 11, 2016
  • Current Sale Recording Date: Mar 18, 2016
  • Current Sale Transaction ID: 1958449306
  • Current Sale Price: $379,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016007764
  • Previous Sale Recording Date: Dec 10, 2004
  • Previous Sale Contract Date: Dec 10, 2004
  • Previous Sale Amount: $383,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Mar 18, 2016
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Cash
  • First Mortgage Loan Due Date: Apr 01, 2046

About Central Wilmington



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Frequently Asked Questions

What neighborhood is 1509 Market Street located in?
The 1509 Market Street is a located in the neighborhood of Carolina Heights in Central Wilmington, Wilmington.
What is the average sales price for listings in 1509 Market Street?
The average sales price for units in 1509 Market Street is $0 currently.

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