702 Timber Ln, Wilmington, NC 28405 Property Records

New Hanover County property record for 702 Timber Ln, Wilmington, NC 28405

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,602 sqft · built 1957
Lot Size	0.472 acres (20,560 sqft)
Owner	Individual Name on Record
Last Sale	$282,000 (May 2021)
Tax Bill	$2,384 (2025)
Deeds & Mortgages	Sep 2021 Transfer May 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R05014-010-017-000`

Property Details

APN / Parcel Number

Primary APN	`R05014-010-017-000`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	1,602 sqft Living Area
1st Floor Area	1,602 sqft
Basement Area	1,260 sqft
Finished Basement	1,260 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1957
Effective Year Built	Effective 1957
Architectural Style	Raised Ranch
Exterior Material	Brick Veneer
Foundation Type	Footing
Roof Material	Composition Shingle
Lot Area	20,560 sqft (0.472 acres)
Terrain	Low

Exterior Amenities

Porch	Slab
Porch Area	24 sqft
Deck Area	168 sqft
Patio Area	168 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	702 TIMBER LN
City	WILMINGTON
State	NC
Zip	28405-3837
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-15,RESID
Legal Description	43 LONG LEAF ACRES
Legal Subdivision	LONGLEAF ACRES SEC 2
Legal Block	10
Legal Lot Number	17
Jurisdiction	NEW HANOVER NC
Township / Civil Division	WILMINGTON
Census Block Group	1
Census Block	1021
Census Tract	11701

Owner

Source: New Hanover County records, as of October 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Mailing Address	8344 WHEATSTONE LN, RALEIGH, NC 27613-1479
Owner Type	Individual
Vesting	Borrower in Default

Deeds, Mortgages & Sale History

Date	Document
Sep 23, 2021	Intrafamily Transfer, Transfer
May 10, 2021	Warranty Deed, Transfer · Conventional Mortgage ALCOVA MORTGAGE LLC
May 8, 2020	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 10, 2021 · Amount on Record
Deed Sale	May 10, 2021 · Amount on Record
Prior Sale	May 8, 2020 · Amount on Record
Deed Document Number	202123341
Deed Book / Page	6446 / 2337
Last Transfer Date	Sep 15, 2021
Transfer Doc	00649401857
Record Updated	Oct 29, 2026

September 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	NEW HANOVER NC
Recording Date	Sep 23, 2021
Property Address	702 TIMBER LN, WILMINGTON, NC 28405-3837
Document Number	00649401857
Book / Page	6494 / 1857
Map Reference	MB 5 PG 94
Instrument Date	Sep 15, 2021
Instrument	2021046163
Transaction Type	Transfer
Record Updated	Jun 7, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	8344 WHEATSTONE LN, RALEIGH, NC 27613-1479

May 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	NEW HANOVER NC
Recording Date	May 10, 2021
Property Address	702 TIMBER LN, WILMINGTON, NC 28405-3837
Document Number	00644602337
Book / Page	6446 / 2337
Map Reference	MB 5 PG 94
Instrument Date	May 7, 2021
Instrument	2021023341
Transaction Type	Transfer
Record Updated	May 18, 2021

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$564.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	8344 WHEATSTONE LN, RALEIGH, NC 27613-1479
Investor	Possibly a Property Investor

Mortgage

Document Number	2021023342
Date	May 10, 2021
Instrument	2021023342

Lender

Name	ALCOVA MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jun 1, 2051

May 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	NEW HANOVER NC
Recording Date	May 8, 2020
Property Address	702 TIMBER LN, WILMINGTON, NC 28405-3837
Document Number	0063092021
Book / Page	006309 / 002021
Instrument Date	May 8, 2020
Instrument	16691
Transaction Type	Transfer
Record Updated	May 20, 2020
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$416.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 1609 CRANBERRY TOWNSHIP PA 160660609, CRANBERRY TOWNSHIP, PA 16066-0609

Tax Assessment & Valuation

Source: New Hanover County assessment roll, as of October 10, 2025

Property Jurisdictions

Type	Name
State	North Carolina
County	New Hanover County
Municipality	Wilmington City
Unified School District	New Hanover County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$405,100 (-) Land $218,700 Building $186,400	$405,100 (-) Land $218,700 Building $186,400
2025	$2,384.00 (+30.77%)	$405,100 (+93.27%) Land $218,700 Building $186,400	$405,100 (+93.27%) Land $218,700 Building $186,400
2024	$1,823.00 (+2.94%)
2023	$1,771.00 (-0.56%)	$209,600 Land $119,500 Building $90,100	$209,600 Land $119,500 Building $90,100
2022	$1,781.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective January 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 45 policies
Nearby Flood Policies	45 in force
Nearby Flood Claims	7 (1999–2019)
Claims Outside the SFHA	7 of 7
Most Recent Claim	Sep 2019 · Hurricane Dorian
Claims by Event	Hurricane Florence, Sep 2018 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 98.5% of North Carolina
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CFPUA-WILMINGTON serves 212,227 people · EPA ID NC0465010
Water Source	Surface water
Last State Inspection	Apr 2026
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 126 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
T-Mobile Fiber · Fixed Wireless	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: AT&T.

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