NOT LISTED FOR SALE

Estimated Value: $850,000 - $1,089,000

0.61 Acre
$1,676,066 Price per Acre
26,572 Sq Ft Lot

Last Sold May 12, 2016

Last sale price $110,000

Est. 829% increase in value since last sale

Current estimated payment $5,925/month

148 Days on Market

Highlights

  • 349 Feet of Waterfront
  • Wooded Lot
  • Property fronts a marsh
  • Masonboro Elementary School Rated A
  • Cul-De-Sac
  • Marsh on Lot

About This Lot

As of May 2016

.60 acre marsh front lot located on a quiet cul-de-sac street in Upper Reach! The property is private with beautiful hardwoods. Pick and choose the perfect amount of tree cover for your new home! Upper Reach is an established neighborhood with winding tree-lined streets and is located in the desirable Parsley, Roland Grise, and Hoggard School District. House plans are available from the current owner upon request.

Last Agent to Sell the Property

The Cameron Team

Coldwell Banker Sea Coast Advantage Listed on: 09/16/2015

Last Buyer's Agent

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,516

Lot Details

  • 0.61 Acre Lot
  • Property fronts a marsh
  • 349 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot
  • Marsh on Lot
  • Property is zoned R-15

HOA Fees

  • $30 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Masonboro Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Community Details

  • Cepco HOA, Phone Number (910) 395-1500
  • Upper Reach Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 314617.20.0794.000

Property Details

Property Type

Land

Est. Annual Taxes

$1,516

Lot Details

0

HOA Fees

$30 per month

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, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 81
  • Water Frontage: 349.11

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Mgmt Fee, Tax Comm Areas
  • Annual HOA: 354.96
  • HOA Company: Cepco
  • HOA Phone: (910) 395-1500

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4983
  • Deed Page: 199.00
  • Lot Description: Cul-de-Sac Lot, Wooded
  • Lot Dimensions: irregular
  • Lot Number: 33
  • Lot Sq Ft: 26572.00
  • Lot Water Features: Marsh Front
  • Zoning: R-15
  • Acres: 0.61
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 229508.20
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Marsh/Wetland, Wooded
  • Lot Number2: 33

Tax Info

  • Tax Identifier: 314617.20.0794.000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1515.93
  • Total Real Estate Property Taxes: 1515.93

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Mar 24, 2016
Sold by
Alexander Kathy B
Bought by
Bowser Scott R and Bowser Jennifer A
Seller's Agent
The Cameron Team
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%
Current Estimated Value
$1,022,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,400
Avg. Annual Appreciation
26.83%
Original Mortgage
$416,972
Outstanding Balance
$334,258
Interest Rate
3.65%
Mortgage Type
Construction
Estimated Equity
$688,142

Purchase Details

Closed on
Jan 23, 2006
Sold by
Alexander Thomas Brian and Alexander Kathy B
Bought by
Alexander Kathy B

Purchase Details

Closed on
May 30, 2001
Sold by
Rbj Inc
Bought by
Alexander Thomas B Kathy B

Purchase Details

Closed on
Dec 21, 1988
Sold by
James Roy B
Bought by
Rbj Inc
Source: Public Records

Range of Values:

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Average Value
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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
Bowser Scott R $110,000 None Available
Alexander Kathy B -- None Available
Alexander Thomas B Kathy B $46,500 --
Rbj Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowser Scott R $416,972
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $110,000 -21.4% --
02/11/2016 02/11/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $140,000 -- --
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 $5,440 $625,300 $152,000 $473,300
2022 $5,315 $625,300 $152,000 $473,300
2021 $5,351 $625,300 $152,000 $473,300
2020 $4,885 $463,700 $110,600 $353,100
2019 $4,885 $463,700 $110,600 $353,100
2018 $4,885 $463,700 $110,600 $353,100
2017 $1,656 $191,500 $149,500 $42,000
2016 $1,656 $149,500 $149,500 $0
2015 $1,583 $149,500 $149,500 $0
2014 $1,516 $149,500 $149,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30528194

Hive MLS

APN: R06608-015-006-000