NOT LISTED FOR SALE

1402 Marsh Cove Ln Wilmington, NC 28409

Estimated Value: $389,000 - $877,000

0.58 Acre
$942,902 Price per Acre
25,265 Sq Ft Lot

Last Sold March 30, 2020

Last sale price $69,000

Est. 693% increase in value since last sale

Current estimated payment $3,012/month

128 Days on Market

Highlights

  • Water Views
  • 0.58 Acre Lot
  • Property fronts a marsh
  • Heyward C. Bellamy Elementary School Rated A-
  • No HOA

About This Lot

As of March 2020

Seller financing available! Over half an acre, cleared and ready to build your dream home! Located between Myrtle Grove Road and Masonboro Sound, this marsh front lot offers quiet coastal living with the convenience of restaurants and shopping just minutes away. (Seller financing terms: 10% down, 10 year note, 5% APR)

Last Agent to Sell the Property

Tammy Poole

Coldwell Banker Sea Coast Advantage-CB License #282452 Listed on: 10/26/2019

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Steve Tuggle

Network Real Estate License #202686

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,354

Lot Details

  • 0.58 Acre Lot
  • Property fronts a marsh
  • Cleared Lot
  • Property is zoned R-15

Property Views

  • Water Views

Schools

  • Bellamy Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R07908-003-071-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,354

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Unpaved
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 103

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1966.00
  • Lot Dimensions: irregular
  • Lot Sq Ft: 25156.00
  • Plat Book: 60
  • Plat Page: 47
  • Zoning: R-15
  • Cleared Acres: 0.58
  • Acres: 0.58
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 118965.52
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot View Type: Marsh View, Water View

Tax Info

  • Tax Identifier: R07908-003-071-000
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Mar 19, 2020
Sold by
Nc Llc
Bought by
Grace Walk Inc
Seller's Agent
Tammy Poole
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Steve Tuggle
Network Real Estate
List Price
$69,000
Sold Price
$69,000
Current Estimated Value
$546,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,883
Avg. Annual Appreciation
45.31%

Purchase Details

Closed on
Oct 1, 2014
Sold by
Dyc Llc
Bought by
At Nc Llc

Purchase Details

Closed on
Sep 4, 2002
Sold by
Hobbs Stephen L Lisa
Bought by
Dyc Llc

Purchase Details

Closed on
Dec 2, 1999
Sold by
Hobbs Jr James H
Bought by
Hobbs Stephen L

Purchase Details

Closed on
Dec 31, 1996
Sold by
Hobbs Mildred B
Bought by
Hobbs James H
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
Grace Walk Inc -- None Available
At Nc Llc $45,000 None Available
Dyc Llc $270,000 --
Hobbs Stephen L -- --
Hobbs James H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $69,000 0.0% --
03/02/2020 03/02/20 Pending -- -- --
10/26/2019 10/26/19 For Sale $69,000 -- --
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
2025 $1,354 $410,200 $160,100 $250,100
2023 $1,354 $245,000 $105,200 $139,800
2022 $1,292 $245,000 $105,200 $139,800
2021 $0 $105,200 $105,200 $0
2020 $280 $44,200 $44,200 $0
2019 $280 $44,200 $44,200 $0
2018 $280 $44,200 $44,200 $0
2017 $286 $44,200 $44,200 $0
2016 $306 $44,200 $44,200 $0
2015 $285 $44,200 $44,200 $0
2014 $494 $78,000 $78,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Poole

    Seller's Agent in 2020

    Tammy Poole

    Coldwell Banker Sea Coast Advantage-CB

    (910) 508-4158

    5 in this area

    28 Total Sales

    Tammy Poole
    Section Image

  • S

    Buyer's Agent in 2020

    Steve Tuggle

    Network Real Estate

    5 Total Sales

    Steve Tuggle
    Section Image
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Map

Source: Hive MLS

MLS Number: 100190428

Hive MLS

APN: R07908-003-071-000

North Carolina New Hanover County Wilmington 28409

1402 Marsh Cove Ln, Wilmington, NC

This home is located at 1402 Marsh Cove Ln, Wilmington, NC 28409 since 26 October 2019 and is currently estimated at $546,883. 1402 Marsh Cove Ln is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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