NOT LISTED FOR SALE

1225 Great Oaks Dr Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $3,168,000 - $4,733,179

0.77 Acre
$4,954,623 Price per Acre
33,541 Sq Ft Lot

Last Sold August 01, 2017

Last sale price $1,125,000

Est. 239% increase in value since last sale

Current estimated payment $24,644/month

236 Days on Market

Highlights

  • 121 Feet of Waterfront
  • Gated Community
  • Picnic Area
  • Wrightsville Beach Elementary School Rated A-
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of August 2017

Premier waterfront lot located on one of Landfall's most prestigious streets, Great Oaks Drive. Great Oaks Drive is known for gorgeous Live Oaks trees and Spanish Moss and this lot delivers on both. This unique lot combines 121 feet of uninterrupted intracoastal waterway views combined with superior elevation across .76 acres which makes it the best lot available to build your dream home. Landfall community provides 2 award winning golf courses and clubhouses, world class tennis, state of the art sports complex, and fine dining opportunities. Special opportunities like this don't last.

Last Agent to Sell the Property

Gary Traflet

Living Seaside Realty Group License #246499 Listed on: 10/02/2016

Last Buyer's Agent

Margaret Collins

The Pier House Group License #174199

Property Details

Property Type

  • Land

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 121x271x121x283
  • 121 Feet of Waterfront
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-20

HOA Fees

  • $203 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number R05707-002-029-000

Community Details

Overview

  • Landfall Coa, Phone Number (910) 256-7651
  • Landfall Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$203 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 121
  • Water Frontage: 121.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • 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: Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Picnic Grounds, See Remarks, Street Lights, Tax Comm Areas
  • Annual HOA: 2431.00
  • HOA Company: Landfall COA
  • HOA Phone: (910) 256-7651

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 3909
  • Deed Page: 696.00
  • Lot Description: See Remarks
  • Lot Dimensions: 121x271x121x283
  • Lot Number: 17
  • Lot Sq Ft: 33332.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 16
  • Plat Page: 10
  • Zoning: R-20
  • Acres: 0.77
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 1681818.18
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Rolling, Wooded
  • Lot Number2: 17

Tax Info

  • Tax Identifier: R05707-002-029-000
  • Tax Year: 2015

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
Oct 2, 2016
Closed on
Jul 25, 2017
Sold by
Almkuist R Durwood
Bought by
Stein Howard M
Seller's Agent
Gary Traflet
Living Seaside Realty Group
Buyer's Agent
Margaret Collins
The Pier House Group
List Price
$1,295,000
Sold Price
$1,125,000
Premium/Discount to List
-$170,000
-13.13%
Current Estimated Value
$3,815,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,690,060
Avg. Annual Appreciation
15.07%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Almkuist Durwood
Bought by
Almkuist Ralph D and Rda/Gsa Grandchildren Trust

Purchase Details

Closed on
Jul 23, 2003
Sold by
Almkuist R Durwood Ii Gloria
Bought by
Rda Trust

Purchase Details

Closed on
Apr 4, 1990
Sold by
Benson Baxter B Ii Peggy F
Bought by
Almkuist R Durwood Ii Gloria S

Purchase Details

Closed on
Oct 24, 1989
Sold by
Triple B Investment Corp
Bought by
Benson Baxter B Ii Peggy F

Purchase Details

Closed on
Apr 1, 1988
Sold by
Benson Baxter B Ii Peggy
Bought by
Triple B Investment Corp

Purchase Details

Closed on
Oct 1, 1986
Sold by
Goforth Properties Inc
Bought by
Benson Baxter B Ii Peggy

Purchase Details

Closed on
Sep 1, 1986
Sold by
Popple Jane L
Bought by
Goforth Properties Inc

Purchase Details

Closed on
Jul 1, 1985
Sold by
Landfall Dev Co
Bought by
Popple Jane L
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
Stein Howard M $1,125,000 None Available
Almkuist Ralph D -- None Available
Rda Trust -- --
Almkuist R Durwood Ii Gloria S $369,000 --
Benson Baxter B Ii Peggy F -- --
Triple B Investment Corp -- --
Benson Baxter B Ii Peggy $285,000 --
Goforth Properties Inc $291,000 --
Popple Jane L $225,000 --
Landfall Dev Co -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $1,125,000 -13.1% --
05/26/2017 05/26/17 Pending -- -- --
10/02/2016 10/02/16 For Sale $1,295,000 -- --
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 -- $2,458,500 $1,272,300 $1,186,200
2022 $0 $2,458,500 $1,272,300 $1,186,200
2021 $21,983 $2,458,500 $1,272,300 $1,186,200
2020 $21,983 $2,086,900 $1,568,000 $518,900
2019 $17,992 $1,568,000 $1,568,000 $0
2018 $16,517 $1,568,000 $1,568,000 $0
2017 $16,517 $1,568,000 $1,568,000 $0
2016 $12,869 $1,161,500 $1,161,500 $0
2015 $12,300 $1,161,500 $1,161,500 $0
2014 $11,778 $1,161,500 $1,161,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Traflet

    Seller's Agent in 2017

    Gary Traflet

    Living Seaside Realty Group

    (910) 620-8838

    6 in this area

    204 Total Sales

    Gary Traflet
    Section Image
  • Margaret Collins

    Buyer's Agent in 2017

    Margaret Collins

    The Pier House Group

    (910) 617-1154

    4 Total Sales

    Margaret Collins
    Section Image
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Map

Source: Hive MLS

MLS Number: 100032288

Hive MLS

APN: R05707-002-029-000

North Carolina New Hanover County Wilmington 28405 Landfall

1225 Great Oaks Dr, Wilmington, NC

This home is located at 1225 Great Oaks Dr, Wilmington, NC 28405 since 02 October 2016 and is currently estimated at $3,815,060. 1225 Great Oaks Dr 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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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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