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5820 Rowsgate Lane

5820 Rowsgate Lane, Wilmington, NC 28411
Property in Belmar Forest
Sold May 04, 2012
$148,500
$118,800 by Provident Funding Associates L
Mortgage Due Jun 01, 2042
Sold Feb 08, 2012
$123,750
5820 Rowsgate Lane 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 1997 and is 27 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5820 Rowsgate Lane has 1,679 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 1,679 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 11,631 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. 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 alum/vinyl siding. 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, 5820 Rowsgate Lane sold most recently in Apr 16, 2012 for a total of $148,500. If you work out the math, that's approximately a cost of $88.45 per sqft. Before that, the property was also sold for $123,750 in Feb 7, 2012. 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 $1,296 in taxes each year. 5820 Rowsgate Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $235,100. If we break it down further, the land itself was valued at $64,700. Improvements to the property, however, were assessed at a total of $170,400. 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: 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: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,679
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,631
  • Total Building Area: 1,679
  • Building Area: 1,679
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,679
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMAR FOREST PH 1 REVISED
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 25R BELMAR FOREST PH I REV

Ownership

  • Current Owner : GIBSON ROSSIBEL
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST CO
  • Owner Before Previous Owner: BOONE MALCOLM E

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 011608

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 3500
  • District: FD
  • Parcel: R03500-005-069-000
  • Block: 5
  • Lot: 25R
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2869
  • Longitude: -77.8498

    Address

  • Full Address: 5820 Rowsgate Ln
  • Address - House Number: 5820
  • Address - Street Name: Rowsgate
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R011
  • 4-Digit Zip Code: 7091
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,296
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 365,363
  • High Value: 430,451
  • Low Value: 300,275

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,800
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: May 04, 2012
  • First Open Lien Mortgage Loan Amount: $118,800
  • 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: Jun 01, 2042

    Market Valuation

  • Market Total Value: $235,100
  • Market Land Value: $64,700
  • Market Improvement Value: $170,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,100
  • Assessed Land Value: $64,700
  • Assessed Improvements Value: $170,400

    Sales

  • Current Sale Contract Date: Apr 16, 2012
  • Current Sale Recording Date: May 04, 2012
  • Current Sale Transaction ID: 1197966882
  • Current Sale Price: $148,500
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 2012014909
  • Previous Sale Recording Date: Feb 08, 2012
  • Previous Sale Contract Date: Feb 07, 2012
  • Previous Sale Amount: $123,750
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: May 04, 2012
  • First Mortgage Loan Amount: $118,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2042

About Murraysville



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Frequently Asked Questions

What neighborhood is 5820 Rowsgate Lane located in?
The 5820 Rowsgate Lane is a located in the neighborhood of Belmar Forest in Murraysville, Wilmington.
What is the average sales price for listings in 5820 Rowsgate Lane?
The average sales price for units in 5820 Rowsgate Lane is $0 currently.

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