Seller's Agent in 2018
Michael Otelsberg
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 431-6125
58 Total Sales
1404 Myrtle Ave Navassa, NC 28451
Estimated Value: $192,000
21
Acres
$9,143
Price per Acre
914,760
Sq Ft Lot
About This Lot
As of February 2018This is some of the best priced land in the New Hanover/Northern Brunswick County area. Approximately 21 acres is zoned R-6000 allowing for about 83 lots. This purchase includes all maps and engineered plans for the development that the owner has and a mostly complete retention pond (over $100K already spent)to accommodate the balance of the development. Water and sewer are available. Buy the remaining land to complete the Lena Springs Estates subdivision. This site is close to everything and is currently only about 8 minutes from Historic Downtown Wilmington & 23 minutes from the Wrightsville Beach area with minimal traffic. Additionally, the main road arteries leading to this site are expanding and under construction. Once complete they will make for an even quicker drive to
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Carolina Premier Properties License #180050 Listed on: 07/18/2016
Last Buyer's Agent
Adam Nicholas
Momentum Companies Inc. License #275271
Property Details
Property Type
- Land
Lot Details
- 21 Acre Lot
- Cleared Lot
- Property is zoned R-6000 C-1
Schools
- Belville Elementary School
- Leland Middle School
- North Brunswick High School
Community Details
- No Home Owners Association
- Lena Springs Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 0290013102
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2023
Sold by
Raleigh-Wilmington Investors Ii
Bought by
Acquisition Nc Lie
Current Estimated Value
Purchase Details
Closed on
Sep 26, 2019
Sold by
Raleigh Wilmington Investors Ii Inc
Bought by
Lgh Homes Nc Inc
Purchase Details
Listed on
Jul 18, 2016
Closed on
Feb 16, 2018
Sold by
Lena Springs Llc
Bought by
Raleigh Wilmington Investors Ii Llc
Seller's Agent
Michael Otelsberg
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Adam Nicholas
Momentum Companies Inc.
List Price
$850,000
Sold Price
$671,500
Premium/Discount to List
-$178,500
-21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.61%
Purchase Details
Closed on
Mar 26, 2009
Sold by
Saltmarsh Ventures Llc
Bought by
Pierce Joshua and Lankford Brittany
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,350
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 22, 2008
Sold by
Frank Roberts Construction Company Incor
Bought by
Sinclair Ryan and Sinclair Tyneisha
Purchase Details
Closed on
Apr 15, 2008
Sold by
Frank Roberts Construction Company Inc
Bought by
Hutchins Jimmy and Hitchins Vaniza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 3, 2008
Sold by
Lena Springs Llc
Bought by
Saltmarsh Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 28, 2008
Sold by
Lena Springs Llc
Bought by
Frank Roberts Construction Company Incor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 23, 2007
Sold by
Lena Springs Llc
Bought by
Andrews Heather Gail and Andrews Matthew Thomas
Purchase Details
Closed on
Aug 15, 2007
Sold by
Lena Springs Llc
Bought by
Frank Roberts Constrction Company Incorp
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Acquisition Nc Lie | $45,000 | None Listed On Document | |
| Lgh Homes Nc Inc | $1,806,000 | None Available | |
| Raleigh Wilmington Investors Ii Llc | $671,500 | None Available | |
| Pierce Joshua | $159,000 | None Available | |
| Sinclair Ryan | $165,000 | None Available | |
| Hutchins Jimmy | $165,000 | None Available | |
| Saltmarsh Ventures Llc | $300,000 | None Available | |
| Frank Roberts Construction Company Incor | $750,000 | None Available | |
| Andrews Heather Gail | $37,000 | None Available | |
| Andrews Real Estate Llc | $481,000 | None Available | |
| Frank Roberts Constrction Company Incorp | $481,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pierce Joshua | $162,350 | |
| Previous Owner | Frank Roberts Construction Company Incor | $675,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2018 02/21/18 | Sold | $671,500 | -21.0% | -- |
| 10/26/2017 10/26/17 | Pending | -- | -- | -- |
| 07/18/2016 07/18/16 | For Sale | $850,000 | -- | -- |
Source: Hive MLS
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 | -- | $78,620 | $78,620 | $0 |
| 2024 | $5 | $78,620 | $78,620 | $0 |
| 2023 | $1,737 | $78,620 | $78,620 | $0 |
| 2022 | $1,737 | $239,410 | $239,410 | $0 |
| 2021 | $1,737 | $239,410 | $239,410 | $0 |
| 2020 | $1,737 | $239,410 | $239,410 | $0 |
| 2019 | $3,211 | $465,070 | $465,070 | $0 |
| 2018 | $1,364 | $190,050 | $190,050 | $0 |
| 2017 | $1,364 | $190,050 | $190,050 | $0 |
| 2016 | $1,352 | $190,050 | $190,050 | $0 |
| 2015 | $1,352 | $190,050 | $190,050 | $0 |
| 2014 | $1,201 | $179,200 | $179,200 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Otelsberg
-
Art Ricks
Seller Co-Listing Agent in 2018
Art Ricks
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 262-0905
196 Total Sales
-
A
Buyer's Agent in 2018
Adam Nicholas
Momentum Companies Inc.
Map
Source: Hive MLS
MLS Number: 100021642
APN: 0290013102
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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. ©2026 Hive MLS LLC
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