38 PROSPECT HILL RD
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Location
38 PROSPECT HILL RD
Mblu
092/ 17/ 032/ /
Acct#
01240500
Owner
PRIDE OPERATING LLC
PBN
Total Market Value
$882,570
Appraisal
$1,260,810
PID
2837
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$999,730$261,080$1,260,810
Assessment
Valuation YearImprovementsLandTotal
2025$699,810$182,760$882,570

Owner of Record
OwnerPRIDE OPERATING LLC
Co-Owner
Address1410 COMMONWEALTH DR STE 202
WILMINGTON, NC 28403
Sale Price$10
Certificate
Book & Page 449/394
Sale Date12/21/2022
Instrument29

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PRIDE OPERATING LLC$10 449/3942912/21/2022
PRIDE REAL ESTATE LLC$1,073,970 442/1160301/13/2022
PRIDE LIMITED PARTNERSHIP THE$2,000,000 441/4930812/13/2021
38 PROSPECT HILL LLC$2,000,000 0376/0870Q12/05/2013
RASMUSSEN DEAN A & CAREN E$0 0143/0764 10/27/1987

Building Information
Building 1 : Section 1
Year Built: 1975
Living Area: 22,396
Replacement Cost: $1,277,187
Building Percent Good: 78
Replacement Cost
Less Depreciation:
$996,210
Building Attributes
FieldDescription
StyleLight Industrial
Model:Ind/Comm
GradeC+
Stories:1.00
Occupancy4.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minimum
Interior Wall 2Drywall
Interior Floor 1Concrete
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
% Central Air20
Bldg UseCommercial
Com Use Industrial
Ttl Bedrms 
Total Baths 
Ceiling/WallSUSP-CEIL ONLY
Heat/ACHEAT/AC SPLIT
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Fin. Bsmt. Area567
Rooms/PrtnsAVERAGE
Wall Height8.00
% Common Wall 
Bldg GLA22429
Cooling TypePartial
Test6 
Test1 
Test2 
Above Ground Area22429
Finished Area22429
Test3 
Ground Floor Area22429
Section Area9380
Test4 
Test5 
Test7 
Test9 
Test8 
Note 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 22,396 22,396
BSMBasement 5,692 0
CANCanopy 180 0
CLPLoading Platform 390 0
FOPOpen Porch 276 0
   28,934 22,396

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code201
DescriptionCommercial  
ZoneM-1
NeighborhoodC600
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)53143
Frontage
Depth
Total Market Land$182,760
Appraised Value$261,080

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PavingASAsphalt11724.00 S.F.$3,5201
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$999,730$261,080$1,260,810
2023$999,730$261,080$1,260,810
2022$667,400$295,010$962,410

Assessment
Valuation YearImprovementsLandTotal
2024$699,810$182,760$882,570
2023$699,810$182,760$882,570
2022$667,400$295,010$962,410

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