NOT LISTED FOR SALE

106&108 Timber Ridge Ct West End, NC 27376

Seven Lakes Neighborhood

Estimated Value: $728,004 - $876,000

0.92 Acre
$864,403 Price per Acre
40,075 Sq Ft Lot

Last Sold January 02, 2019

Last sale price $27,000

Est. 2,845% increase in value since last sale

Current estimated payment $4,799/month

Highlights

  • Marina
  • Golf Course Community
  • Community Pool
  • West End Elementary School Rated A-
  • Clubhouse
  • Community Playground

About This Lot

As of January 2019

Location, Location, Location. Here is an opportunity to own 2 lots side by side within a short walk to the Johnson's Point Recreation Area. Enjoy the beach, park and marina with family and or friends. You can either build on one of the lots and sell or keep the other or combine the two into one property (nearly an acre) and reduce your HOA dues by half. Lots in this section of 7 Lakes West sold for $35K to $65K apiece in 2007. This combination of lots are being sold for far less than the 2018 combined tax value of $56K. Great Value! Surrounding homes on this street are beautiful and exceed $500K in value. Very desirable neighborhood!

Last Agent to Sell the Property

John Williams

The Property Center, INC. License #176787 Listed on: 01/02/2019

Last Buyer's Agent

Shelley Reil

Carolina Property Sales License #270284

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,685

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 200x202x200x202
  • Property is zoned GC-7L

HOA Fees

  • $183 Monthly HOA Fees

Utilities

  • Private Sewer

Listing and Financial Details

  • Tax Lot 5305 & 5306

Community Details

Overview

  • 7 Lakes West Subdivision

Amenities

  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$2,685

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Municipal Water, Private Sewer

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Golf Course, Marina, Playground, Pool
  • HOAAssociationFee1Year: 2192.00

Lot Info

  • Deed Page: 542.00
  • Lot Dimensions: 200x202x200x202
  • Lot Number: 5305 & 5306
  • Zoning: GC-7L
  • Acres: 0.92
  • List Price per Acre: 43478.26
  • Lot Number2: 5305 & 5306

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2021
Sold by
Reil Shelley
Bought by
Wilson David M and Wilson Bridget A
Current Estimated Value
$795,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$549,701
Interest Rate
3.05%
Mortgage Type
VA

Purchase Details

Closed on
Oct 6, 2021
Sold by
Reil Brandon
Bought by
Neil Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$549,701
Interest Rate
3.05%
Mortgage Type
VA

Purchase Details

Closed on
Jun 24, 2019
Sold by
Reil Brandon and Reil Shelley
Bought by
Reil Brandon and Reil Shelley

Purchase Details

Closed on
May 9, 2018
Sold by
Meumann Wolfgang Joerg
Bought by
Pnc Bank National Association and Us Mortgage Resolution Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilson David M $660,000 None Available
Neil Shelley -- None Available
Reil Brandon -- None Available
Pnc Bank National Association $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson David M $585,000
Previous Owner Reil Brandon S $367,000
Previous Owner Reil Brandon Scott $361,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold $27,000 -- --
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
2024 $2,685 $617,270 $66,500 $550,770
2023 $2,802 $615,810 $66,500 $549,310
2022 $2,406 $381,950 $47,500 $334,450
2021 $2,502 $381,950 $47,500 $334,450
2020 $306 $47,500 $47,500 $0
2019 $161 $47,500 $47,500 $0
2018 $168 $28,000 $28,000 $0
2017 $164 $28,000 $28,000 $0
2015 $158 $28,000 $28,000 $0
2014 $221 $42,000 $42,000 $0
2013 -- $42,000 $42,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 190343

Hive MLS

APN: 8514-08-98-4132