NOT LISTED FOR SALE

Estimated Value: $1,153,000 - $2,668,023

1.44 Acres
$1,306,254 Price per Acre
62,726 Sq Ft Lot

Last Sold August 05, 2020

Last sale price $995,000

Est. 89% increase in value since last sale

Current estimated payment $10,875/month

9 Days on Market

Highlights

  • 193 Feet of Waterfront
  • Boat Dock
  • Intracoastal View
  • Roland-Grise Middle School Rated A-
  • Boat Slip
  • Home fronts a pond

About This Lot

As of August 2020

Exceptional high property with a freshwater pond and unobstructed views of Hewlett's Creek to the Intracoastal Waterway. A deeded boat slip is included on the community dock just across the street. Only 2 home sites remain in this highly desirable subdivision at the end of Rabbit Run. Recently cleared and surveyed,

Last Agent to Sell the Property

Diane Thomas

Intracoastal Realty Corp License #112744 Listed on: 07/02/2020

Intracoastal Realty Corp

Last Buyer's Agent

Tom Gale

Coldwell Banker Sea Coast Advantage License #242825

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,635

Year Built

  • 2021

Lot Details

  • 1.44 Acre Lot
  • Home fronts a pond
  • Property fronts a marsh
  • 193 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R20

HOA Fees

  • $46 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pond
  • Creek or Stream

Schools

  • Bradley Creek Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Utilities

  • Water Rights

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number R06707-001-001-000

Community Details

Overview

  • Master Insurance
  • Rabbit Run Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Access to marsh
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$2,635

Year Built

2021

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: B
  • Sub Type: Wooded
  • Cobra Zone: No
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 244
  • Water Frontage: 193.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water, Sewer Tap Available, Water Tap Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock, Maint - Comm Areas, Maint - Roads, Master Insure
  • HOAAssociationFee1Year: 550.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Description: Deeded Water Rights, Partially Cleared
  • Lot Dimensions: irregular
  • Lot Number: 5
  • Lot Sq Ft: 62726.00
  • Lot Water Features: Boat Dock, Boat Slip, Salt Marsh, Waterfront Comm
  • Plat Book: 31
  • Plat Page: 6
  • Zoning: R20
  • Cleared Acres: 1.20
  • Acres: 1.44
  • Wooded Acres: 0.24
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 690972.22
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: 5
  • Lot View Type: Creek View, ICW View, Marsh View, Pond View, Water View

Tax Info

  • Tax Identifier: R06707-001-001-000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 2635.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Bradley Creek
  • High School: Hoggard
  • Middle School: Roland Grise
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jul 23, 2020
Sold by
Thomas David P and Thomas Diane N
Bought by
Schwabacher Adam
Seller's Agent
Diane Thomas
Intracoastal Realty Corp
Buyer's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
List Price
$995,000
Sold Price
$995,000
Total Days on Market
9
Current Estimated Value
$1,881,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,006
Avg. Annual Appreciation
15.48%

Purchase Details

Closed on
Jan 8, 2004
Sold by
Thomas Virginia S Estate
Bought by
Thomas David P

Purchase Details

Closed on
Jan 7, 2004
Sold by
Thomas Virginia S
Bought by
Thomas Virginia S Hrs

Purchase Details

Closed on
Jan 2, 2002
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas David P

Purchase Details

Closed on
Dec 20, 2001
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas David P Jr 64%

Purchase Details

Closed on
Jan 4, 2000
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas David P Jr 64%

Purchase Details

Closed on
Dec 6, 1999
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas David P

Purchase Details

Closed on
Dec 18, 1998
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas Virginia Sheaffer

Purchase Details

Closed on
Dec 22, 1997
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas David P

Purchase Details

Closed on
Dec 23, 1996
Sold by
Thomas Virginia S
Bought by
Thomas David P

Purchase Details

Closed on
Jan 3, 1996
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas Virginia Sheaffer

Purchase Details

Closed on
Dec 27, 1995
Sold by
Thomas Virginia Sheaffer
Bought by
Thomas Virginia Sheaffer

Purchase Details

Closed on
Dec 11, 1995
Sold by
Div Marine Fisheries
Bought by
Thomas Virginia S

Purchase Details

Closed on
Jan 1, 1988
Sold by
Thomas David P Virginia S
Bought by
Thomas Virginia Sheaffer

Purchase Details

Closed on
Aug 1, 1956
Bought by
Thomas David P Virginia S
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schwabacher Adam $995,000 None Available
Thomas Diane N -- None Available
Thomas David P -- --
Thomas Virginia S Hrs -- --
Thomas David P -- --
Thomas David P Jr 64% -- --
Thomas David P Jr 64% -- --
Thomas David P -- --
Thomas Virginia Sheaffer -- --
Thomas David P -- --
Thomas David P -- --
Thomas Virginia Sheaffer -- --
Thomas Virginia Sheaffer -- --
Thomas Virginia S -- --
Thomas Virginia Sheaffer -- --
Thomas David P Virginia S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $995,000 0.0% --
07/11/2020 07/11/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $995,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,159 $1,116,700 $644,700 $472,000
2022 $8,050 $947,000 $644,700 $302,300
2021 $5,517 $644,700 $644,700 $0
2020 $2,635 $250,100 $250,100 $0
2019 $2,635 $250,100 $250,100 $0
2018 $2,635 $250,100 $250,100 $0
2017 $2,635 $250,100 $250,100 $0
2016 $2,771 $250,100 $250,100 $0
2015 $2,649 $250,100 $250,100 $0
2014 $2,536 $250,100 $250,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100225077

Hive MLS

APN: R06707-001-001-000