NOT LISTED FOR SALE

1469 Final Landing Ln Wilmington, NC 28411

Estimated Value: $1,688,000 - $2,777,898

5 Beds
2 Baths
1,920 Sq Ft
$1,211/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $2,000,000 $1,042 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,027/month

135 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • 3.8 Acre Lot
  • Porters Neck Elementary School Rated A-
  • Guest House
  • Wood Flooring

About This Home

As of July 2023

Tucked away on a private road, overlooking Figure Eight Island and the Intracoastal Waterway, is a 3.8-acre Dream Oasis! The 2 large lots feature high elevation, over 200 feet of water frontage and potential for pier and multiple boat slips. Turn the 1940s main house and guest annex into a coastal paradise, or easily subdivide into 4 lots for massive development potential. Waking up to sunrises over Figure Eight/ICW with gentle ocean breezes, boating adventures along marshes and nearby Mason's and Rich's Inlets, and relaxing in the evening's quiet as herons, pelicans and other shore birds glide by... the Coastal Carolina Waterfront Lifestyle is waiting for you on Final Landing Lane!

Last Agent to Sell the Property

Katie Moore

Coldwell Banker Sea Coast Advantage License #281078 Listed on: 01/19/2023

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Stephen Schlachter

Cadence Realty Corporation License #326368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,568

Year Built

  • Built in 1941

Lot Details

  • 3.8 Acre Lot
  • Property fronts a marsh
  • Property fronts a private road
  • Property is zoned R-20

Parking

  • Dirt Driveway

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space
  • Scuttle Attic Hole

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Enclosed patio or porch
  • Shed

Additional Homes

  • Guest House

Schools

  • Porters Neck Elementary School
  • Holly Shelter Middle School
  • Laney High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Edgewater Subdivision

Listing and Financial Details

  • Tax Lot 9/10
  • Assessor Parcel Number R03719-002-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,568

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1941
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Vinyl, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: None
  • List Price per Sq Ft: 862.07
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Separate Living Spcs Guest House Desc: 980 sf: KT, 2BR, 1BA
  • Sq Ft Heated: 1920.00
  • Sq Ft Heated Separate: 980.00
  • Total Heated Primary Separate Sq Ft: 2900.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Guest House, Shed(s)
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Enclosed, Porch
  • Road Type Frontage: Private
  • Roof: Composition
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Dirt

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1627.00
  • Lot Acres: 3.80
  • Lot Dimensions: See plat maps
  • Lot Number: 9/10
  • Lot Sq Ft: 165528.00
  • Lot Water Features: Deeded Water Access, Deeded Water Rights
  • Zoning: R-20
  • Lot View Type: ICW View, Marsh View, Sound View

Tax Info

  • Tax Identifier: R03719-002-001-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 8568.18

MLS Schools

  • Elementary School: Porters Neck
  • High School: Laney
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Jones Laura Melinda and Jones Bruce D
Bought by
Jones Laura Melinda and Smith Phillip C
Current Estimated Value
$2,231,599

Purchase Details

Closed on
May 18, 2009
Sold by
Smith Philip Charles and Estate Of Laura Oates Smith
Bought by
Smith Philip Charles and Smith Timothy Mitchell

Purchase Details

Closed on
Apr 6, 2009
Sold by
Smith Philip Charles and Estate Of Laura Oates Smith
Bought by
Smith Philip Charles and Smith Timothy Mitchell

Purchase Details

Closed on
Sep 14, 1992
Sold by
Div Marine Fisheries
Bought by
Smith Philip C Jr Laura O

Purchase Details

Closed on
Feb 20, 1990
Sold by
Smith Jr Philip Charles
Bought by
Smith Philip C Jr Laura O

Purchase Details

Closed on
Jul 1, 1980
Sold by
Smith Jr Philip Charles
Bought by
Smith Philip C Jr Laura O

Purchase Details

Closed on
Dec 1, 1971
Bought by
Smith Philip Charles
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
Jones Laura Melinda -- --
Smith Philip Charles -- None Available
Smith Philip Charles -- None Available
Smith Philip C Jr Laura O -- --
Smith Philip C Jr Laura O -- --
Smith Philip C Jr Laura O $5,000 --
Smith Philip Charles $32,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $2,000,000 -20.0% $1,042 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $2,500,000 -10.7% $1,302 / Sq Ft
01/19/2023 01/19/23 For Sale $2,800,000 -- $1,458 / 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 $8,422 $1,624,300 $1,529,900 $94,400
2022 $8,636 $1,624,300 $1,529,900 $94,400
2021 $8,905 $1,624,300 $1,529,900 $94,400
2020 $5,839 $923,200 $707,400 $215,800
2019 $5,839 $923,200 $707,400 $215,800
2018 $5,839 $923,200 $707,400 $215,800
2017 $5,978 $923,200 $707,400 $215,800
2016 $5,972 $861,700 $764,800 $96,900
2015 $5,549 $861,700 $764,800 $96,900
2014 $5,455 $861,700 $764,800 $96,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100365530

Hive MLS

APN: R03719-002-001-000