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523 Commons Way; Wilmington, NC Property Details

523 Commons Way, Wilmington, NC is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 523 Commons Way has 3 bedrooms, and 2 bathrooms, and a total of 1,420 square feet. The lot size of 523 Commons Way is 14,505 square feet.

Off market
523 Commons Way Wilmington, NC 28409
$168,000 Listing Price
3 Beds
2 Baths
1,420 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Purchase Price: $168,000
  • Open Loans / Balance: 1 / $91,748
  • Est. Equity / %: $336,252 / 78.56%
  • Gross Yield: 6.631%
  • APN: R06620-015-002-000
  • Situs County: New Hanover
  • Length Of Ownership: 13 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: C+
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,420/SqFt
  • Lot: 14,505/SqFt
  • Living: 1,420/SqFt
  • Basement: 1,420/SqFt
  • Building: 1,420/SqFt
  • Ground: 1,420/SqFt
  • Basement Finished: 1,420/SqFt
  • Price Per Square Foot: $118.31

Legal Description

  • Description: LT 43 THE COMMONS SEC 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.170246 / -77.87838
  • Subdivision: Commons
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 9189
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

523 Commons Way has no associated ownership info
523 Commons Way has no associated ownership info.

Taxes

523 Commons Way has 10 associated Taxes items

523 Commons Way, 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 $361,400. The APN we've located for 523 Commons Way is R06620-015-002-000.

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Taxes
  • Assessed Value:  $361,400
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R06620-015-002-000
  • Assessed Land Value:  123200
  • Market Land Value:  123200
  • Tax Amount:  2126.84
  • Tax Year:  2025
  • Market Value:  361400
  • Market Year:  2026

Tax History

523 Commons Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $361,400 Land Value $123,200 Improvement Value $238,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,126.84 Change Rate +0.111202% Assessed CR Tax Rate
Year 2024 Assessed Value $220,000 Land Value $79,300 Improvement Value $140,700 Tax Amount $1,914 Change Rate +0.029586% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $220,000 Land Value $79,300 Improvement Value $140,700 Tax Amount $1,859 Change Rate -0.005882% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $220,000 Land Value $79,300 Improvement Value $140,700 Tax Amount $1,870 Change Rate -0.006777% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $220,000 Land Value $79,300 Improvement Value $140,700 Tax Amount $1,882.76 Change Rate +0.024252% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $174,500 Land Value $57,800 Improvement Value $116,700 Tax Amount $1,838.18 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $174,500 Land Value $57,800 Improvement Value $116,700 Tax Amount $1,838.18 Change Rate Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $174,500 Land Value $57,800 Improvement Value $116,700 Tax Amount $1,838.18 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $174,500 Land Value $57,800 Improvement Value $116,700 Tax Amount $1,838.18 Change Rate +0.0153% Assessed CR Tax Rate +0.010534%
Year 2016 Assessed Value $163,400 Land Value $57,800 Improvement Value $105,600 Tax Amount $1,810.48 Change Rate +0.046272% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $163,400 Land Value $57,800 Improvement Value $105,600 Tax Amount $1,730.41 Change Rate +0.044379% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $163,400 Land Value $57,800 Improvement Value $105,600 Tax Amount $1,656.88 Change Rate Assessed CR Tax Rate +0.01014%