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8127 Furtado Drive

8127 Furtado Drive, Wilmington, NC 28411
House in Sweet Water
Sold May 07, 2020
$266,000
$252,700 by Atlantic Bay Mortgage Group Ll
Mortgage Due Jun 01, 2050
Sold Apr 23, 2012
$1,645,000
Local assessors in Wilmington, NC have categorized 8127 Furtado Drive as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 14,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch 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, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8127 Furtado Drive has a total of 1,491 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 1,491 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 416 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - C. The building has a roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8127 Furtado Drive sold most recently in May 6, 2020 for a total of $266,000. If you work out the math, that's approximately a cost of $178.40 per sqft. Before that, the property was also sold for $1,645,000 in Apr 23, 2012. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,446 in taxes each year. 8127 Furtado Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $263,800. If we break it down further, the land itself was valued at $69,800. Improvements to the property, however, were assessed at a total of $194,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

Parking

Off Street Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2019
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Raised Ranch
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 1,491
  • Garage Type: Garage
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,491
  • Building Area: 1,491
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,491
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SWEET WATER
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LT 13 SWEET WATER

Ownership

  • Current Owner : KNIGHT DALTON W
  • Current Owner 2: KNIGHT MACY O
  • Previous Owner : FIRST WILMINGTON CORP
  • Owner Before Previous Owner: HARRELL BRENT
  • Owner Before Previous Owner 2: HARRELL APRIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012300

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 3709
  • District: FD
  • Parcel: R03709-002-002-000
  • Block: 2
  • Lot: 13
  • Municipality: FIRE DISTRICT
  • Latitude: 34.2923
  • Longitude: -77.7857

    Address

  • Full Address: 8127 Furtado Dr
  • Address - House Number: 8127
  • Address - Street Name: Furtado
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R060
  • 4-Digit Zip Code: 9486
  • Zip Code: 28411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,446
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 409,890
  • High Value: 482,562
  • Low Value: 337,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,700
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: May 07, 2020
  • First Open Lien Mortgage Loan Amount: $252,700
  • 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, 2050

    Market Valuation

  • Market Total Value: $263,800
  • Market Land Value: $69,800
  • Market Improvement Value: $194,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,800
  • Assessed Land Value: $69,800
  • Assessed Improvements Value: $194,000

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: May 07, 2020
  • Current Sale Transaction ID: 11759771633
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020016522
  • Previous Sale Recording Date: Apr 23, 2012
  • Previous Sale Contract Date: Apr 23, 2012
  • Previous Sale Amount: $1,645,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: May 07, 2020
  • First Mortgage Loan Amount: $252,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Bayshore



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Frequently Asked Questions

What neighborhood is 8127 Furtado Drive located in?
The 8127 Furtado Drive is a house located in the neighborhood of Sweet Water in Bayshore, Wilmington.
What is the average sales price for listings in 8127 Furtado Drive?
The average sales price for units in 8127 Furtado Drive is $0 currently.

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