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7111 Key Point Dr; Wilmington, NC Property Details

7111 Key Point Dr, Wilmington, NC is a Patio Home that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 7111 Key Point Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,966 square feet. The lot size of 7111 Key Point Dr is 6,752 square feet.

Off market
7111 Key Point Dr Wilmington, NC 28405
$567,500 Estimated Value
3 Beds
2 Baths
1,966 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $285,500
  • Est. Equity / %: $554,000 / 100%
  • Gross Yield: 8.437%
  • APN: R04417-004-025-000
  • Situs County: New Hanover
  • Length Of Ownership: 21 years, 1 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: C+
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,966/SqFt
  • Lot: 6,752/SqFt
  • Garage: 420/SqFt
  • Living: 1,966/SqFt
  • Basement: 1,966/SqFt
  • Building: 1,966/SqFt
  • Ground: 1,966/SqFt
  • Basement Finished: 1,966/SqFt
  • Price Per Square Foot: $145.22

Legal Description

  • Description: LT 25R SEC 1 KEY COLONY AT COVIL ESTATES
Building Insights

Land Information

  • Property Type: Patio Home
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.2567 / -77.82311
  • Subdivision: Key Colony At Covil Estates
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4762
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One: $2,664
  • H O A Amount: $2,664
  • H O A One Type: Planned Unit Development

Ownership Info

7111 Key Point Dr has no associated ownership info
7111 Key Point Dr has no associated ownership info.

Taxes

7111 Key Point Dr has 8 associated Taxes items

7111 Key Point Dr, 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 $567,500. The APN we've located for 7111 Key Point Dr is R04417-004-025-000.

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Taxes
  • Assessed Value:  $567,500
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R04417-004-025-000
  • Assessed Land Value:  222700
  • Market Land Value:  222700
  • Market Value:  567500
  • Market Year:  2026

Tax History

7111 Key Point Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $567,500 Land Value $222,700 Improvement Value $344,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $567,500 Land Value $222,700 Improvement Value $344,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $332,100 Land Value $84,300 Improvement Value $247,800 Tax Amount $1,808.9 Change Rate +0.003261% Assessed CR Tax Rate +0.005447%
Year 2023 Assessed Value $332,100 Land Value $84,300 Improvement Value $247,800 Tax Amount $1,803.02 Change Rate Assessed CR Tax Rate +0.005429%
Year 2022 Assessed Value $332,100 Land Value $84,300 Improvement Value $247,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $332,100 Land Value $84,300 Improvement Value $247,800 Tax Amount $1,830.25 Change Rate +0.121147% Assessed CR Tax Rate +0.005511%
Year 2020 Assessed Value $258,100 Land Value $69,000 Improvement Value $189,100 Tax Amount $1,632.48 Change Rate Assessed CR Tax Rate +0.006325%
Year 2019 Assessed Value $258,100 Land Value $69,000 Improvement Value $189,100 Tax Amount $1,632.48 Change Rate Assessed CR Tax Rate +0.006325%
Year 2018 Assessed Value $258,100 Land Value $69,000 Improvement Value $189,100 Tax Amount $1,632.48 Change Rate -0.023169% Assessed CR Tax Rate +0.006325%
Year 2017 Assessed Value $258,100 Land Value $69,000 Improvement Value $189,100 Tax Amount $1,671.2 Change Rate +0.136987% Assessed CR Tax Rate +0.006475%
Year 2016 Assessed Value $212,100 Land Value $54,000 Improvement Value $158,100 Tax Amount $1,469.85 Change Rate +0.076088% Assessed CR Tax Rate +0.00693%
Year 2015 Assessed Value $212,100 Land Value $54,000 Improvement Value $158,100 Tax Amount $1,365.92 Change Rate +0.017377% Assessed CR Tax Rate +0.00644%
Year 2014 Assessed Value $212,100 Land Value $54,000 Improvement Value $158,100 Tax Amount $1,342.59 Change Rate Assessed CR Tax Rate +0.00633%