NOT LISTED FOR SALE

1140 Vanderhorst Way Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $499,980 - $657,000

0.71 Acre
$814,775 Price per Acre
30,928 Sq Ft Lot

Last Sold May 02, 2014

Last sale price $260,000

Est. 122% increase in value since last sale

Current estimated payment $3,785/month

350 Days on Market

Highlights

  • Waterfront
  • Water Views
  • Community Pool
  • Wrightsville Beach Elementary School Rated A-
  • Corner Lot
  • Community Playground

About This Lot

As of May 2014

Located in the Drayton Point Section of Landfall, this large lot offers potential ICWW and lake views and a prestigious location.

Last Listed By

Betsy Leonard

Intracoastal Realty Corp License #155791 Listed on: 05/03/2013

Property Details

Property Type

  • Land

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 170x181x169x165
  • Property fronts a private road
  • Corner Lot
  • Property is zoned R-20

Property Views

  • Water Views

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Landfall Subdivision
  • Maintained Community

Recreation

  • Waterfront
  • Community Playground
  • Community Pool

Additional Features

  • Picnic Area
  • Security Service

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Master Insure, Mgmt Fee, Picnic Grounds, Playground, Pool, Security

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5290
  • Deed Page: 2569.00
  • Lot Description: Corner Lot
  • Lot Dimensions: 170x181x169x165
  • Lot Sq Ft: 30928.00
  • Lot Water Features: Waterfront Comm
  • Zoning: R-20
  • Acres: 0.71
  • List Price per Acre: 407042.25

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Apr 4, 2014
Sold by
C & M Alford Llc
Bought by
Simons Joseph J and Simons Martha M
Seller's Agent
Betsy Leonard
Intracoastal Realty Corp
Buyer's Agent
Alicia Devereaux
Nest Realty
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%
Total Days on Market
350
Current Estimated Value
$578,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,490
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Jan 12, 2005
Sold by
Mckeithan Gerald C and Mckeithan Mary L
Bought by
Batson Mark and Batson Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2000
Sold by
Central Carolina Bank & Tr Co
Bought by
Mckeithan Gerald C Mary L

Purchase Details

Closed on
Nov 19, 1999
Sold by
Cheatham James T Sub Trustee
Bought by
Central Carolina Bank & Tr Co

Purchase Details

Closed on
Dec 23, 1998
Sold by
Drayton Point I Ltd Ptrnshp
Bought by
Drayton Point I Llc

Purchase Details

Closed on
Feb 14, 1997
Sold by
Landfall Associates
Bought by
Drayton Point I Ltd Ptrnshp

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
Simons Joseph J $260,000 None Available
Batson Mark $245,000 None Available
Mckeithan Gerald C Mary L $87,500 --
Central Carolina Bank & Tr Co $1,876,500 --
Drayton Point I Llc -- --
Drayton Point I Ltd Ptrnshp $1,962,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batson Mark $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $260,000 -10.0% --
04/18/2014 04/18/14 Pending -- -- --
05/03/2013 05/03/13 For Sale $289,000 -- --
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 -- $252,500 $252,500 $0
2022 $0 $252,500 $252,500 $0
2021 $0 $252,500 $252,500 $0
2020 $2,518 $239,000 $239,000 $0
2019 $2,518 $239,000 $239,000 $0
2018 $0 $239,000 $239,000 $0
2017 $2,518 $239,000 $239,000 $0
2016 $1,725 $155,700 $155,700 $0
2015 $1,649 $155,700 $155,700 $0
2014 $1,579 $155,700 $155,700 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Betsy Leonard

    Intracoastal Realty Corp

  • Alicia Devereaux

    Buyer's Agent in 2014

    Alicia Devereaux

    Nest Realty

    (910) 550-2788

    34 Total Sales

    Alicia Devereaux
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 30490570

Hive MLS

APN: R05119-005-049-000

North Carolina New Hanover County Wilmington 28405 Landfall

1140 Vanderhorst Way, Wilmington, NC

Homes for Sale in Wilmington, NC

This home is located at 1140 Vanderhorst Way, Wilmington, NC 28405 since 03 May 2013 and is currently estimated at $578,490. 1140 Vanderhorst Way is a home located in New Hanover County with nearby schools including Wrightsville Beach Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

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