NOT LISTED FOR SALE

118 Myrtlewood Ct Kure Beach, NC 28449

Estimated Value: $1,175,000 - $2,150,000

0.19 Acre
$8,042,963 Price per Acre
8,276 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $237,500

Est. 543% increase in value since last sale

Current estimated payment $8,828/month

7 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Cul-De-Sac
  • Carolina Beach Elementary School Rated A-

About This Lot

As of February 2019

Large, cleared, high lot in Kure Dunes on a cul-de-sac with private access to gazebo, bath house and parking. Other amenities include a Pool and Clubhouse. Kure Dunes is across the street from the Ocean. Nice Neighborhood.

Last Agent to Sell the Property

Shirley James

Intracoastal Realty Corp License #122403 Listed on: 01/18/2019

Last Buyer's Agent

Tricia Keane

Nest Realty License #151537

Nest Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,527

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 95x71x124x41x121
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned RA-1A

HOA Fees

  • $40 Monthly HOA Fees

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number R09209-007-008-000

Community Details

Overview

  • Kure Dunes Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$5,527

Lot Details

0

HOA Fees

$40 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: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 71

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Mgmt Fee, Pool
  • HOAAssociationFee1Year: 475.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 173.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 95x71x124x41x121
  • Lot Number: 44
  • Lot Sq Ft: 8276.00
  • Plat Book: 32
  • Plat Page: 263
  • Zoning: RA-1A
  • Acres: 0.19
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1447368.42
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 44

Tax Info

  • Tax Identifier: R09209-007-008-000
  • Tax Year: 2018

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 27, 2019
Sold by
Ledford Kevin Lee and Ledford Janet Ann
Bought by
Slugg Robert Gerard and Slugg Laurie Cannon
Seller's Agent
Shirley James
Intracoastal Realty Corp
Buyer's Agent
Tricia Keane
Nest Realty
List Price
$275,000
Sold Price
$237,500
Premium/Discount to List
-$37,500
-13.64%
Current Estimated Value
$1,528,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,290,663
Avg. Annual Appreciation
29.09%
Original Mortgage
$280,000
Outstanding Balance
$250,456
Interest Rate
4.2%
Mortgage Type
Construction
Estimated Equity
$998,032

Purchase Details

Closed on
Sep 23, 1994
Sold by
Kure Beach Associates
Bought by
Ledford Kevin Lee Janet Ann

Purchase Details

Closed on
Jan 1, 1986
Sold by
Kure Beach Associates
Bought by
Kure Beach Associates

Purchase Details

Closed on
Oct 1, 1985
Sold by
L & H Investments
Bought by
Kure Beach Associates
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
Slugg Robert Gerard $237,500 None Available
Ledford Kevin Lee Janet Ann $48,000 --
Kure Beach Associates -- --
Kure Beach Associates $1,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slugg Robert Gerard $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $237,500 -13.6% --
01/25/2019 01/25/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $275,000 -- --
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 $5,527 $746,900 $265,800 $481,100
2022 $5,384 $746,900 $265,800 $481,100
2021 $5,533 $746,900 $265,800 $481,100
2020 $4,057 $453,300 $210,800 $242,500
2019 $1,887 $210,800 $210,800 $0
2018 $1,866 $210,800 $210,800 $0
2017 $1,802 $210,800 $210,800 $0
2016 $1,551 $170,800 $170,800 $0
2015 $1,427 $170,800 $170,800 $0
2014 $1,393 $170,800 $170,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100146599

Hive MLS

APN: R09209-007-008-000