NOT LISTED FOR SALE

1305 Middle Sound Loop Rd Wilmington, NC 28411

Estimated Value: $1,173,000 - $2,443,000

0.28 Acre
$6,243,454 Price per Acre
12,197 Sq Ft Lot

Last Sold February 22, 2016

Last sale price $350,000 $56 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $10,078/month

5 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • 3-minute walk to Pages Creek Park
  • Ogden Elementary School Rated A-

About This Lot

As of February 2016

Beautiful lot on Dunbar Rd. Owner will sale only with owners adjacent lot (7221 Dunbar Rd). Lot shows original address on Middle Sound Loop but is now on Dunbar Rd.

Last Agent to Sell the Property

John Farris

BlueCoast Realty Corporation License #265769 Listed on: 01/10/2016

BlueCoast Realty Corporation

Last Buyer's Agent

Erik Hoffacker

RE/MAX Essential License #222617

RE/MAX Essential

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,080

Lot Details

  • 0.28 Acre Lot
  • Wooded Lot
  • Property is zoned R-20

Schools

  • Ogden Elementary School
  • Noble Middle School
  • Laney High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Middle Sound Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3169-62-5519.000

Property Details

Property Type

Land

Est. Annual Taxes

$5,080

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Wooded
  • Cobra Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 110

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: Existing Well
  • Utilities: Municipal Sewer, Well Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5561
  • Deed Page: 2436.00
  • Lot Dimensions: unequal
  • Lot Sq Ft: 12300.00
  • Plat Book: 37
  • Plat Page: 237
  • Zoning: R-20
  • Acres: 0.28
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 53571.43
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 3169-62-5519.000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 28.00
  • Total Real Estate Property Taxes: 28.00

MLS Schools

  • Elementary School: Ogden
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2015
Sold by
Stark James K Teresa
Bought by
Sycamore Bend Llc
Current Estimated Value
$1,748,167

Purchase Details

Closed on
May 22, 2002
Sold by
Peterson J J Jr Pamela W
Bought by
Stark James K Teresa

Purchase Details

Closed on
Jan 1, 2001
Sold by
Peterson Jesse J
Bought by
Peterson Lila S

Purchase Details

Closed on
Dec 22, 1992
Sold by
Peterson Family Ptnrp
Bought by
Peterson Peterson J and Peterson Pamela W

Purchase Details

Closed on
Aug 24, 1992
Sold by
Peterson Lila S
Bought by
Peterson Peterson J and Peterson Pamela W

Purchase Details

Closed on
Feb 15, 1939
Sold by
Rehder Elise B
Bought by
Peterson Jesse J Lila S
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
Sycamore Bend Llc $2,030,000 --
Stark James K Teresa $762,500 --
Peterson Lila S -- --
Peterson Peterson J $18,000 --
Peterson Peterson J $67,500 --
Peterson Jesse J Lila S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sycamore Bend Llc $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $350,000 +2233.3% $56 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $15,000 -- $2 / Sq Ft
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 $5,080 $953,700 $373,400 $580,300
2022 $5,122 $958,100 $373,400 $584,700
2021 $5,258 $958,100 $373,400 $584,700
2020 $5,952 $941,000 $570,600 $370,400
2019 $5,952 $1,397,000 $570,600 $826,400
2018 $8,836 $1,397,000 $570,600 $826,400
2017 $9,046 $1,397,000 $570,600 $826,400
2016 $11,124 $1,605,200 $607,000 $998,200
2015 $10,337 $1,605,200 $607,000 $998,200
2014 $10,161 $1,605,200 $607,000 $998,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30532025

Hive MLS

APN: R04500-002-007-000