Large Location Icon

242 Chimney Ln; Wilmington, NC Property Details

242 Chimney Ln, Wilmington, NC is a Single Family that was built in 1981. This property is not for sale. Our records show that 242 Chimney Ln has 4 bedrooms, and 4 bathrooms, and a total of 2,634 square feet. The lot size of 242 Chimney Ln is 31,799 square feet.

Off market
242 Chimney Ln Wilmington, NC 28409
$1,450,700 Estimated Value
4 Beds
4 Baths
2,634 SqFt
Property Type
Single Family
Unlock Full Report
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1981
  • Est. Equity / %: $1,638,000 / 100%
  • Gross Yield: 2.527%
  • APN: R08215-002-016-000
  • Situs County: New Hanover
  • Length Of Ownership: 24 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: B+
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 2,634/SqFt
  • Lot: 31,799/SqFt
  • Living: 2,634/SqFt
  • Basement: 756/SqFt
  • Building: 2,634/SqFt
  • Ground: 1,899/SqFt
  • Basement Finished: 756/SqFt

Legal Description

  • Description: LT I OLD CHIMNEY PHAZE 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: New Hanover County Schools
  • Lat / Lon: 34.085808 / -77.883896
  • Subdivision: Old Chimney Phase 2
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4910
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One: $2,364
  • H O A Amount: $2,548
  • H O A One Name: Old Chimney Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

242 Chimney Ln has no associated ownership info
242 Chimney Ln has no associated ownership info.

Taxes

242 Chimney Ln has 8 associated Taxes items

242 Chimney Ln, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,450,700. The APN we've located for 242 Chimney Ln is R08215-002-016-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,450,700
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R08215-002-016-000
  • Assessed Land Value:  940200
  • Market Land Value:  940200
  • Market Value:  1450700
  • Market Year:  2026

Tax History

242 Chimney Ln has 13 associated Tax History items

Unlock the full report
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,450,700 Land Value $940,200 Improvement Value $510,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $1,450,700 Land Value $940,200 Improvement Value $510,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $866,700 Land Value $547,300 Improvement Value $319,400 Tax Amount $4,602.19 Change Rate +0.001279% Assessed CR Tax Rate +0.00531%
Year 2023 Assessed Value $866,700 Land Value $547,300 Improvement Value $319,400 Tax Amount $4,596.31 Change Rate -0.009339% Assessed CR Tax Rate +0.005303%
Year 2022 Assessed Value $866,700 Land Value $547,300 Improvement Value $319,400 Tax Amount $4,639.64 Change Rate Assessed CR Tax Rate +0.005353%
Year 2021 Assessed Value $866,700 Land Value $547,300 Improvement Value $319,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $764,400 Land Value $416,500 Improvement Value $347,900 Tax Amount $4,834.83 Change Rate Assessed CR Tax Rate +0.006325%
Year 2019 Assessed Value $764,400 Land Value $416,500 Improvement Value $347,900 Tax Amount $4,834.83 Change Rate Assessed CR Tax Rate +0.006325%
Year 2018 Assessed Value $764,400 Land Value $416,500 Improvement Value $347,900 Tax Amount $4,834.83 Change Rate -0.023166% Assessed CR Tax Rate +0.006325%
Year 2017 Assessed Value $764,400 Land Value $416,500 Improvement Value $347,900 Tax Amount $4,949.49 Change Rate +0.032398% Assessed CR Tax Rate +0.006475%
Year 2016 Assessed Value $691,800 Land Value $480,600 Improvement Value $211,200 Tax Amount $4,794.17 Change Rate +0.074377% Assessed CR Tax Rate +0.00693%
Year 2015 Assessed Value $692,900 Land Value $480,600 Improvement Value $212,300 Tax Amount $4,462.28 Change Rate +0.017378% Assessed CR Tax Rate +0.00644%
Year 2014 Assessed Value $692,900 Land Value $480,600 Improvement Value $212,300 Tax Amount $4,386.06 Change Rate Assessed CR Tax Rate +0.00633%
Address, Street, City, or ZIP
    Building Your
    Comprehensive Report
    0%
    • Home Addresses
    • Phone Number
    • Emails
    • Relatives
    • Criminal and Traffic Records
    • Public Records and Properties

    Searching related records for
    This additional information can help you verify a person's identity and ensure that you are well-informed.