NOT LISTED FOR SALE

5040 Out Island Dr Wilmington, NC 28409

Estimated Value: $623,260 - $768,000

5 Beds
3 Baths
2,720 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 5040 Out Island Dr, Wilmington, NC 28409 and is currently estimated at $675,315, approximately $248 per square foot. 5040 Out Island Dr is a home located in New Hanover County with nearby schools including Pine Valley Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2005
Sold by
The Golden Road Group Llc
Bought by
Johnson Eric and Johnson Brandi
Current Estimated Value
$669,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Outstanding Balance
$161,643
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2000
Sold by
B & D Development Corp
Bought by
Golden Road Group Llc

Purchase Details

Closed on
Sep 1, 1985
Sold by
Hidden Valley Corp Of Wilm
Bought by
B & D Development Corp
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Johnson Eric $365,000 None Available
Golden Road Group Llc $445,000 --
B & D Development Corp $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Eric $134,200
Open Johnson Eric $291,600
Closed Johnson Eric S $291,600
Closed Johnson Eric $291,600
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 $2,222 $411,100 $86,800 $324,300
2022 $2,236 $411,100 $86,800 $324,300
2021 $2,131 $387,100 $86,800 $300,300
2020 $1,865 $294,800 $75,000 $219,800
2019 $1,865 $294,800 $75,000 $219,800
2018 $1,865 $294,800 $75,000 $219,800
2017 $1,909 $294,800 $75,000 $219,800
2016 $2,124 $306,500 $69,800 $236,700
2015 $1,974 $306,500 $69,800 $236,700
2014 $1,940 $306,500 $69,800 $236,700
Source: Public Records

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