NOT LISTED FOR SALE

Estimated Value: $147,921 - $589,000

0.39 Acre
$944,772 Price per Acre
16,988 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $79,000

Est. 365% increase in value since last sale

Current estimated payment $2,109/month

89 Days on Market

About This Lot

As of August 2017

A rare opportunity to build your coastal retreat and live in one of the most favorable areas of town. Tucked behind Wrightsville Avenue and Military Cutoff, virtually -1/2 acre of private lot is cleared and waiting for you! Centrally located to Mayfaire shopping and restaurants, a simple stroll to Airlie Gardens to take in its calming ambiance, delightful outdoor summer concerts and seasonal events. Just minutes to Wrightsville Beach.

Last Agent to Sell the Property

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 03/03/2017

Intracoastal Realty Corp

Last Buyer's Agent

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 03/03/2017

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $625

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100x169x100x169
  • Cleared Lot
  • Property is zoned R-15

Schools

  • Bradley Creek Elementary School
  • Noble Middle School
  • New Hanover High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R05616-002-011-000

Property Details

Property Type

Land

Est. Annual Taxes

$625

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 100

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 1211
  • Deed Page: 189.00
  • Lot Dimensions: 100x169x100x169
  • Lot Number: 1
  • Lot Sq Ft: 17001.00
  • Plat Book: 2
  • Plat Page: 142
  • Zoning: R-15
  • Cleared Acres: 0.39
  • Acres: 0.39
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 252564.10
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 1

Tax Info

  • Tax Identifier: R05616-002-011-000
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 625.00

MLS Schools

  • Elementary School: Bradley Creek
  • High School: New Hanover
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Aug 30, 2017
Sold by
Udeji Michael
Bought by
Acquisition Holdings Llc
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Carla Lewis
Intracoastal Realty Corp
List Price
$98,500
Sold Price
$79,000
Premium/Discount to List
-$19,500
-19.8%
Current Estimated Value
$367,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,635

Purchase Details

Closed on
Nov 4, 2014
Sold by
Udeji Michael
Bought by
Udeji Michael

Purchase Details

Closed on
May 15, 2013
Sold by
Simmons Andrew J and Simmons Teresa A
Bought by
Udeji Michael

Purchase Details

Closed on
Oct 1, 1982
Sold by
Stoltman Earl W
Bought by
Simmons Andrew J

Purchase Details

Closed on
Aug 1, 1979
Bought by
Stoltman Earl W
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
Acquisition Holdings Llc $79,000 None Available
Udeji Michael -- None Available
Udeji Michael $64,000 None Available
Simmons Andrew J $2,000 --
Stoltman Earl W $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Udeji Chukwuemeka M $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $79,000 -19.8% --
05/31/2017 05/31/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $98,500 -- --
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 $1,151 $132,300 $132,300 $0
2022 $1,132 $132,300 $132,300 $0
2021 $1,132 $132,300 $132,300 $0
2020 $610 $57,900 $57,900 $0
2019 $610 $57,900 $57,900 $0
2018 $610 $57,900 $57,900 $0
2017 $610 $57,900 $0 $0
2016 $654 $59,000 $59,000 $0
2015 $625 $59,000 $59,000 $0
2014 $598 $59,000 $59,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100051047

Hive MLS

APN: R05616-002-011-000