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305 Settlers Lane

305 Settlers Lane, Kure Beach, NC 28449
Sold Dec 30, 2014
$348,000
$278,400 by Cmc Funding Inc
Mortgage Due Jan 01, 2045
Sold Jan 15, 2004
Transfer
305 Settlers Lane in Kure Beach, NC was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 305 Settlers Lane has 2,774 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. The basement is 1,560 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 7,754 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. For those who need parking, there is a garage. The garage is 506 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 good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 305 Settlers Lane sold most recently in Dec 29, 2014 for a total of $348,000. If you work out the math, that's approximately a cost of $125.45 per sqft. 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 $3,449 in taxes each year. 305 Settlers Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $481,900. If we break it down further, the land itself was valued at $167,500. Improvements to the property, however, were assessed at a total of $314,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,560
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,754
  • Total Building Area: 2,774
  • Building Area: 2,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,774
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEACHWALK AT KURE BEACH
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 9 BEACHWALK AT KURE BEACH

Ownership

  • Current Owner : MAHON WILLIAM M
  • Current Owner 2: MAHON NANCY R
  • Previous Owner : FORD DONALD R
  • Previous Owner 2: FORD ANITA M
  • Owner Before Previous Owner: FORD DONALD R JR ANITA M

Neighborhood

  • School District Name: New Hanover County Schools
  • Census Tract: 012203

Zoning

  • Zoning: RA-2,RESID

Geography

  • Assessors Map Reference: MAP 9200
  • District: KB
  • Parcel: R09200-001-012-000
  • Block: 1
  • Lot: 9
  • Municipality: KURE BEACH
  • Latitude: 34.0024
  • Longitude: -77.9097

    Address

  • Full Address: 305 Settlers Ln
  • Address - House Number: 305
  • Address - Street Name: Settlers
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Kure Beach
  • Carrier Code: R002
  • 4-Digit Zip Code: 4835
  • Zip Code: 28449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,449
  • Tax Rate Code Area: KB

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 855,126
  • High Value: 1,007,106
  • Low Value: 703,146

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $278,400
  • First Open Lien Mortgage Lender: CMC FUNDING INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2014
  • First Open Lien Mortgage Loan Amount: $278,400
  • 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: Jan 01, 2045

    Market Valuation

  • Market Total Value: $481,900
  • Market Land Value: $167,500
  • Market Improvement Value: $314,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,900
  • Assessed Land Value: $167,500
  • Assessed Improvements Value: $314,400

    Sales

  • Current Sale Contract Date: Dec 29, 2014
  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Transaction ID: 1198048082
  • Current Sale Price: $348,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014034923
  • Previous Sale Recording Date: Jan 15, 2004
  • Previous Sale Contract Date: Jan 15, 2004
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMC FUNDING INC
  • First Mortgage Transaction Date: Dec 30, 2014
  • First Mortgage Loan Amount: $278,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

About Kure Beach



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 305 Settlers Lane located in?
The 305 Settlers Lane is a located in the neighborhood of Beachwalk at Kure Beach in Kure Beach, Kure Beach.
What is the average sales price for listings in 305 Settlers Lane?
The average sales price for units in 305 Settlers Lane is $0 currently.

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