NOT LISTED FOR SALE

507 Burroughs Dr Wilmington, NC 28412

Lords Creek Neighborhood

Estimated Value: $415,000 - $493,000

3 Beds
2 Baths
2,050 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $285,000 $139 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,532/month

4 Days on Market

Highlights

  • Finished Room Over Garage
  • Wood Flooring
  • Fenced Yard
  • Edwin A. Anderson Elementary School Rated A-
  • Bonus Room
  • Thermal Windows

About This Home

As of September 2020

Welcome home to Lords Creek! Walk to school on the scenic path beside your home, or enjoy Veterans Park, with walking trails, baseball and soccer fields, picnic areas, tennis and pickle ball courts and more! This lovely home has an open floor concept, with the owners suite and two additional bedrooms downstairs, a fenced in back yard, screened in porch and patio for all your outdoor entertaining! Stainless steel appliances, ceiling fans, and chandelier are included. The bonus area has two separate rooms, perfect for a playroom, work out room, home theater or office. Located on a cul-de-sac lot, this home is close to all area beaches, restaurants and shopping. Come take a look!

Last Agent to Sell the Property

Butch Saunders

RE/MAX Essential License #272754 Listed on: 08/27/2020

RE/MAX Essential

Last Buyer's Agent

Nathan Pelsh

Bryant Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 132x19x69x140x85
  • Fenced Yard
  • Property is zoned R-15

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Combination Dining and Living Room
  • Bonus Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Finished Room Over Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R08200-001-264-000

Community Details

Overview

  • Lords Creek Subdivision
  • Maintained Community

Recreation

  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood, Vinyl
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • List Price per Sq Ft: 143.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bonus Room Level: Second
  • Dining Room Level: Main
  • Fished Room Over Garage Level: Second
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2050.00
  • Total Heated Primary Separate Sq Ft: 2050.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Sidewalk, Trail(s), Taxes, Management
  • HOAAssociationFee1Year: 180.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 747.00
  • Lot Acres: 0.27
  • Lot Dimensions: 132x19x69x140x85
  • Lot Sq Ft: 11761.00
  • Special Assessments: None Known
  • Zoning: R-15

Tax Info

  • Tax Identifier: R08200-001-264-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 30, 2020
Sold by
Bridges David R and Bridges Allison D
Bought by
Biggs Joshua A
Seller's Agent
Butch Saunders
RE/MAX Essential
Buyer's Agent
Nathan Pelsh
Bryant Real Estate
List Price
$294,900
Sold Price
$285,000
Premium/Discount to List
-$9,900
-3.36%
Current Estimated Value
$451,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,685
Avg. Annual Appreciation
9.59%
Original Mortgage
$279,837
Outstanding Balance
$248,337
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$203,348

Purchase Details

Closed on
Aug 14, 2003
Sold by
Sunrise Homes Inc
Bought by
Bridges David R Allison D

Purchase Details

Closed on
Jul 2, 2003
Sold by
Landmark Developers Inc
Bought by
Sunrise Homes Inc

Purchase Details

Closed on
Feb 22, 2002
Sold by
Landmark Developers Inc
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Mar 24, 2000
Sold by
Landmark Land Inc
Bought by
Landmark Developers Inc
Source: Public Records

Range of Values:

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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
Biggs Joshua A $285,000 None Available
Bridges David R Allison D $161,500 --
Sunrise Homes Inc -- --
New Han Cnty Water/Sewer -- --
Landmark Developers Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggs Joshua A $279,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $285,000 -3.4% $139 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $294,900 -- $144 / Sq Ft
Source: Hive MLS

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
2025 $1,550 $400,000 $117,600 $282,400
2024 $1,550 $282,500 $75,000 $207,500
2023 $1,544 $282,500 $75,000 $207,500
2022 $1,558 $282,500 $75,000 $207,500
2021 $1,559 $282,500 $75,000 $207,500
2020 $1,438 $227,300 $40,000 $187,300
2019 $1,438 $227,300 $40,000 $187,300
2018 $1,438 $227,300 $40,000 $187,300
2017 $1,472 $227,300 $40,000 $187,300
2016 $1,158 $167,100 $40,000 $127,100
2015 $1,076 $167,100 $40,000 $127,100
2014 $1,058 $167,100 $40,000 $127,100
Source: Public Records

Agents Affiliated with this Home

  • Butch Saunders

    Seller's Agent in 2020

    Butch Saunders

    RE/MAX

    (910) 262-2627

    2 in this area

    156 Total Sales

    Butch Saunders
    Section Image

  • N

    Buyer's Agent in 2020

    Nathan Pelsh

    Bryant Real Estate

    Section Image
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Map

Source: Hive MLS

MLS Number: 100233724

Hive MLS

APN: R08200-001-264-000

North Carolina New Hanover County Wilmington 28412 Lords Creek

507 Burroughs Dr, Wilmington, NC

This home is located at 507 Burroughs Dr, Wilmington, NC 28412 since 27 August 2020 and is currently estimated at $451,685, approximately $220 per square foot. This property was built in 2003. 507 Burroughs Dr is a home located in New Hanover County with nearby schools including Edwin A. Anderson Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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