NOT LISTED FOR SALE

Estimated Value: $889,743 - $947,000

0.49 Acre
$1,874,229 Price per Acre
21,344 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $900,000

Est. 2% increase in value since last sale

Current estimated payment $5,398/month

44 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 103 Feet of Waterfront
  • No HOA
  • Edwin A. Anderson Elementary School Rated A-
  • Ocean View

About This Lot

As of May 2024

The lot has been approved for conditional R-7 zoning. The seller is also willing to subdivide and sell each lot for $575,000. Welcome to waterfront paradise at 1132 S Seabreeze Road in beautiful Wilmington, NC. This expansive lot offers the rare opportunity to build your dream home(s) with breathtaking water views. Boasting a prime location, this property provides the potential for constructing up to two homes, allowing for versatile living arrangements or the creation of an investment opportunity.The possibilities are endless on this serene parcel of land, whether you choose to build two homes or craft your own private retreat on the entire lot. Embrace coastal living at its finest as you design your ideal escape, complete with panoramic vistas of the tranquil waters.For those with a passion for boating and water recreation, preliminary plans are available for the addition of your very own private dock, offering convenient access to the Intracoastal Waterway and beyond. Imagine leisurely days spent cruising along the coast or casting a line from your personal waterfront oasis.Don't miss this chance to secure your slice of coastal paradise and create the lifestyle you've always dreamed of. Seize the opportunity to build the waterfront haven you've been envisioning at 1132 S Seabreeze Road. Schedule your showing today and start planning your coastal retreat!

Last Agent to Sell the Property

Jeremiah Barnett

Keller Williams Innovate-Wilmington License #299031 Listed on: 02/20/2024

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Jeremiah Barnett

Keller Williams Innovate-Wilmington License #299031 Listed on: 02/20/2024

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,916

Lot Details

  • 0.49 Acre Lot
  • 103 Feet of Waterfront
  • Cleared Lot
  • Property is zoned B-2

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Schools

  • Anderson Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number R08519-001-002-000

Community Details

Overview

  • No Home Owners Association
  • Seabreeze Sound Subdivision

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$2,916

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 94
  • Water Frontage: 103.00

Utilities

  • Fuel Tank: None
  • Utilities: Other, See Remarks

Association/Amenities

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

Lot Info

  • Deed Page: 2809.00
  • Lot Description: Deeded Water Rights
  • Lot Sq Ft: 21519.00
  • Lot Water Features: Deeded Water Access, Deeded Water Rights, Deeded Waterfront
  • Zoning: B-2
  • Acres: 0.49
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 2020408.16
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot View Type: ICW View, Ocean View, Sound View, Water View

Tax Info

  • Tax Identifier: R08519-001-002-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2916.07

MLS Schools

  • Elementary School: Anderson
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Apr 26, 2024
Sold by
Brella Llc and Newmetro Llc
Bought by
Storehouse Holdings Llc
Seller's Agent
Jeremiah Barnett
Keller Williams Innovate-Wilmington
Buyer's Agent
Jeremiah Barnett
Keller Williams Innovate-Wilmington
List Price
$990,000
Sold Price
$900,000
Premium/Discount to List
-$90,000
-9.09%
Total Days on Market
44
Views
6
Current Estimated Value
$918,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,372
Avg. Annual Appreciation
1.94%
Original Mortgage
$405,000
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 18, 2023
Sold by
Mckeithan Sandra E
Bought by
Brella Llc and Newmetro Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,269
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2008
Sold by
Dinkins Michael L
Bought by
Mckeithan James R and Mckeithan Sandra E

Purchase Details

Closed on
Mar 5, 2007
Sold by
Mckeithan James R and Mckeithan Sandra E
Bought by
Dinkins Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 23, 2001
Sold by
Sea Breeze Associates
Bought by
Mckeithan James R Sandra E

Purchase Details

Closed on
Jan 1, 2001
Bought by
Scott Betty Fair

Purchase Details

Closed on
Oct 4, 1999
Sold by
Rogers Jimmy L Kathy W
Bought by
Broome R Murray Deborah

Purchase Details

Closed on
Aug 2, 1989
Sold by
Scott Betty Fair
Bought by
Sea Breeze Associates
Source: Public Records

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Range of Values:

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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
Storehouse Holdings Llc $900,000 None Listed On Document
Brella Llc $720,000 None Listed On Document
Mckeithan James R $682,000 None Available
Dinkins Michael L $675,000 None Available
Mckeithan James R Sandra E $155,000 --
Scott Betty Fair -- --
Broome R Murray Deborah -- --
Sea Breeze Associates $42,500 --
Sea Breeze Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storehouse Holdings Llc $918,000
Closed Storehouse Holdings Llc $405,000
Previous Owner Brella Llc $699,269
Previous Owner Dinkins Michael L $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $900,000 -9.1% --
04/04/2024 04/04/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $990,000 -- --
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 $2,916 $558,100 $558,100 $0
2023 $2,916 $558,100 $558,100 $0
2022 $2,944 $558,100 $558,100 $0
2021 $3,056 $558,100 $558,100 $0
2020 $2,647 $418,500 $418,500 $0
2019 $2,647 $418,500 $418,500 $0
2018 $2,647 $418,500 $418,500 $0
2017 $2,710 $418,500 $418,500 $0
2016 $2,900 $418,500 $418,500 $0
2015 $2,695 $418,500 $418,500 $0
2014 $2,649 $418,500 $418,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100428463

Hive MLS

APN: R08519-001-002-000