NOT LISTED FOR SALE

2504 Sandy Banks Ln Wilmington, NC 28401

Estimated Value: $391,000 - $481,000

5 Beds
3 Baths
2,442 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 2504 Sandy Banks Ln, Wilmington, NC 28401 and is currently estimated at $456,343, approximately $186 per square foot. 2504 Sandy Banks Ln is a home with nearby schools including Wrightsboro Elementary School, Holly Shelter Middle School, and New Hanover High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
D R Horton Inc
Bought by
Reed Elderwin and Reed Tamaya Janae
Current Estimated Value
$456,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,022
Outstanding Balance
$269,806
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$175,225

Purchase Details

Closed on
May 12, 2020
Sold by
Clearly Development Inc
Bought by
D R Horton Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,670,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2020
Sold by
Clearly Development Inc
Bought by
D R Horton Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,670,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reed Elderwin $289,000 None Available
D R Horton Inc $8,250,000 None Available
D R Horton Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Elderwin $295,022
Previous Owner D R Horton Inc $2,670,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,735 $322,400 $63,000 $259,400
2022 $1,747 $322,400 $63,000 $259,400
2021 $1,765 $322,400 $63,000 $259,400
2020 $253 $40,000 $40,000 $0
Source: Public Records

Map

North Carolina New Hanover County Wilmington 28401

2504 Sandy Banks Ln, Wilmington, NC

This home is located at 2504 Sandy Banks Ln, Wilmington, NC 28401 and is currently estimated at $456,343, approximately $186 per square foot. 2504 Sandy Banks Ln is a home with nearby schools including Wrightsboro Elementary School, Holly Shelter Middle School, and New Hanover High School.

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