507 Burroughs Drive

507 Burroughs Drive in Wilmington, NC was first built in 2003 and is 21 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 patio home style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 507 Burroughs Drive has 2,114 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 916 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 11,761 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 40 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 507 Burroughs Drive was last sold in Sep 30, 2020 for $285,000. According to our calculations, that's $134.82 per sqft. Prior to that sales transaction, the property was sold for $161,500 in Aug 14, 2003. Current property owners are expected to pay $1,544 in taxes per year. The property on 507 Burroughs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $282,500. To break that down further, the land itself was valued at $75,000. While improvements to the property were assessed at a total of $207,500. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.