NOT LISTED FOR SALE

Estimated Value: $1,280,000 - $2,194,471

1.7 Acres
$899,187 Price per Acre
74,052 Sq Ft Lot

Last Sold January 14, 2020

Last sale price $350,000

Est. 337% increase in value since last sale

Current estimated payment $9,147/month

529 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 120 Feet of Waterfront
  • Boat Dock
  • Edwin A. Anderson Elementary School Rated A-
  • Ocean View
  • Boat Slip

About This Lot

As of January 2020

Build your dream home on this 1.7 acre wooded lot positioned on the Intracoastal Waterway in John's Creek. Property includes a 24' foot boat slip (#13) in the private community with it's adjoining dock. John's Creek has many established homes and beautiful, mature landscaping abounds throughout this area. This is the largest lot in the community and provides the future homeowner with views of Masonboro Island and the Ocean. It's All about location. By boat, you can reach Masonboro Island, Wrightsville and Carolina Beach within minutes. The property has been surveyed and is presently flagged. A survey is attached to the listing. Perks for 5 bedrooms and CAMA set-backs mapped and recorded.

Last Agent to Sell the Property

Doug Kesling

Coldwell Banker Sea Coast Advantage License #275699 Listed on: 04/05/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Eric Sabourin

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,382

Year Built

  • 2021

Lot Details

  • 1.7 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned R-15

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Schools

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

Utilities

  • Water Rights
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number R08207-005-002-000

Community Details

Overview

  • Johns Creek Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Deeded Waterfront Access Rights
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$6,382

Year Built

2021

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 40
  • Water Frontage: 120.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: County
  • Utilities: Municipal Water Available, Septic On Site

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Boat Slip - Not Assign, Dock, Maint - Comm Areas, Tax Comm Areas
  • HOAAssociationFee1Year: 900.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 381.00
  • Lot Description: Deeded Water Rights, Development, Subdivision, Wooded
  • Lot Dimensions: irregular
  • Lot Number: 24
  • Lot Sq Ft: 74052.00
  • Lot Water Features: Boat Dock, Boat Slip, Deeded Water Access, Deeded Water Rights, Waterfront Comm
  • Zoning: R-15
  • Acres: 1.70
  • Wooded Acres: 1.70
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 250000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped, Watershed, Wooded
  • Lot Number2: 24
  • Lot View Type: ICW View, Ocean View, Water View

Tax Info

  • Tax Identifier: R08207-005-002-000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 792.12
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Anderson
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jan 2, 2020
Sold by
Smith Timothy Dale and Smith Sharon Boston
Bought by
Melvin Patrick S and Melvin Tricia N
Seller's Agent
Doug Kesling
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Eric Sabourin
Coldwell Banker Sea Coast Advantage
List Price
$545,000
Sold Price
$350,000
Premium/Discount to List
-$195,000
-35.78%
Total Days on Market
529
Current Estimated Value
$1,528,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,178,618
Avg. Annual Appreciation
30.53%
Original Mortgage
$249,999
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 1, 1987
Sold by
Johns Creek Develop Corp
Bought by
Smith Timothy Dale

Purchase Details

Closed on
Dec 1, 1986
Bought by
Johns Creek Develop Corp
Source: Public Records

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
Melvin Patrick S $350,000 None Available
Smith Timothy Dale $43,000 --
Johns Creek Develop Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melvin Tricia Nelson $1,340,000
Closed Melvin Patrick S $249,999
Previous Owner Gore William A $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $350,000 -35.8% --
09/16/2019 09/16/19 Pending -- -- --
04/05/2018 04/05/18 For Sale $545,000 -- --
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 $6,382 $1,207,400 $310,500 $896,900
2022 $1,899 $822,300 $310,500 $511,800
2021 $1,899 $346,900 $346,900 $0
2020 $682 $107,900 $107,900 $0
2019 $682 $107,900 $107,900 $0
2018 $512 $107,900 $107,900 $0
2017 $699 $107,900 $107,900 $0
2016 $852 $123,000 $123,000 $0
2015 $792 $123,000 $123,000 $0
2014 $779 $123,000 $123,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100109214

Hive MLS

APN: R08207-005-002-000