NOT LISTED FOR SALE

540 Bay Cove Ln Wilmington, NC 28411

Estimated Value: $980,564 - $1,324,000

4 Beds
3 Baths
3,444 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 540 Bay Cove Ln, Wilmington, NC 28411 and is currently estimated at $1,104,641, approximately $320 per square foot. 540 Bay Cove Ln is a home located in New Hanover County with nearby schools including Ogden Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Wortman James E and Wortman Kris A
Bought by
Lampman Jason H and Lampman Carolyn R
Current Estimated Value
$1,104,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Jw Condos Llc
Bought by
Lude Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2016
Sold by
Dias Lamberton Jr Ian K and Dias Lamberton Ines
Bought by
Wortman James and Wortman Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2003
Sold by
Kingman David A Carolyn R
Bought by
Wortman James E

Purchase Details

Closed on
Jul 30, 1998
Sold by
Trask Phyllis M
Bought by
Kingman David A Carolyn R

Purchase Details

Closed on
Jun 17, 1997
Sold by
Trask Allen Nelson Phyllis M
Bought by
Trask Phyllis M

Purchase Details

Closed on
Jun 1, 1980
Sold by
Trask Allen Nelson Phyllis M
Bought by
Trask Allen Nelson Phyllis M

Purchase Details

Closed on
Aug 1, 1971
Bought by
Trask Allen Nelson Phyllis
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lampman Jason H $680,000 None Available
Lude Susan M $195,000 None Available
Wortman James $332,500 None Available
Wortman James E $509,500 --
Kingman David A Carolyn R $442,500 --
Trask Phyllis M -- --
Trask Allen Nelson Phyllis M $87,000 --
Trask Allen Nelson Phyllis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampman Jason H $510,400
Closed Lampman Jason H $544,000
Previous Owner Lude Susan M $191,468
Previous Owner Wortman James $350,000
Previous Owner Wortman James E $250,000
Previous Owner Wortman James E $145,000
Previous Owner Wortman James E $408,000
Previous Owner Wortman James E $200,000
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 $3,507 $657,000 $422,400 $234,600
2022 $3,533 $657,000 $422,400 $234,600
2021 $3,609 $657,000 $422,400 $234,600
2020 $3,942 $623,300 $295,900 $327,400
2019 $3,942 $623,300 $295,900 $327,400
2018 $3,942 $623,300 $295,900 $327,400
2017 $4,036 $623,300 $295,900 $327,400
2016 $4,288 $618,800 $329,100 $289,700
2015 $3,985 $618,800 $329,100 $289,700
2014 $3,917 $618,800 $329,100 $289,700
Source: Public Records

Map

North Carolina New Hanover County Wilmington 28411

540 Bay Cove Ln, Wilmington, NC

This home is located at 540 Bay Cove Ln, Wilmington, NC 28411 and is currently estimated at $1,104,641, approximately $320 per square foot. 540 Bay Cove Ln is a home located in New Hanover County with nearby schools including Ogden Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

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