NOT LISTED FOR SALE

1512 Burnett Rd Wilmington, NC 28409

Intracoastal Waterway Neighborhood

Estimated Value: $816,000 - $1,631,900

2.87 Acres
$426,463 Price per Acre
125,017 Sq Ft Lot

Last Sold February 28, 2014

Last sale price $600,000

Est. 104% increase in value since last sale

Current estimated payment $7,057/month

384 Days on Market

Highlights

  • Waterfront
  • 2.87 Acre Lot
  • No HOA
  • Edwin A. Anderson Elementary School Rated A-

About This Lot

As of February 2014

The property is a 2.87 acres located on the Intracoastal Waterway adjacent to the Carolina Beach Inlet. The subject has approximately 240' of frontage on the ICWW. While zoned residential R-15, there is a special use permit for 200-unit dry-stack marina with a proposed enclosed storage building, and a proposed new dock, clubhouse, etc. (the Carolina Marina & Yacht Club'').

Last Listed By

Vin Wells

Cape Fear Commercial, LLC License #192243 Listed on: 01/24/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,474

Lot Details

  • 2.87 Acre Lot
  • Waterfront
  • Property is zoned R-15

Property Views

  • Water Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 313219.60.9017.000

Property Details

Property Type

Land

Est. Annual Taxes

$2,474

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Waterview: Yes

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 4805
  • Deed Page: 535.00
  • Lot Dimensions: irregular
  • Lot Sq Ft: 125017.00
  • Zoning: R-15
  • Acres: 2.87
  • List Price per Acre: 374564.46

Tax Info

  • Tax Identifier: 313219.60.9017.000

MLS Schools

  • Elementary School: Other
  • School District: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Beyond Beautiful Llc
Bought by
North Forty Llc
Total Days on Market
384
Current Estimated Value
$1,223,950

Purchase Details

Closed on
Oct 10, 2014
Sold by
Trinity Referral Company Llc
Bought by
Beyond Beautiful Llc

Purchase Details

Closed on
Aug 14, 2014
Sold by
Floyd Development Inc
Bought by
Trinity Referral Co Llc

Purchase Details

Listed on
Jan 24, 2013
Closed on
Feb 19, 2014
Sold by
First Troy Spe Llc
Bought by
Floyd Development Inc
Seller's Agent
Vin Wells
Cape Fear Commercial, LLC
Buyer's Agent
Vin Wells
Cape Fear Commercial, LLC
List Price
$1,075,000
Sold Price
$600,000
Premium/Discount to List
-$475,000
-44.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$320,000
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2013
Sold by
Marina Carolina and Yacht Club Llc
Bought by
First Troy Spe Llc

Purchase Details

Closed on
May 11, 2005
Sold by
Ward Donald Homer and Estate Of Homer H Ward
Bought by
Carolina Marina & Yacht Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2005
Sold by
Ward Timothy Harley and Ward Dixie T
Bought by
Carolina Marina & Yacht Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2001
Sold by
Ward Greg
Bought by
Ward Donnie H

Purchase Details

Closed on
Jan 16, 2000
Sold by
Ward Homer H
Bought by
Ward Homer H Hrs

Purchase Details

Closed on
Jan 6, 2000
Sold by
Ward Homer H
Bought by
Ward Greg

Purchase Details

Closed on
Sep 2, 1997
Sold by
Ward Francis E
Bought by
Ward Homer H

Purchase Details

Closed on
May 1, 1966
Bought by
Ward Homer H Francis E

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
North Forty Llc $700,000 Petzold Harold C
Beyond Beautiful Llc -- None Available
Trinity Referral Co Llc $900,000 None Available
Floyd Development Inc $800,000 None Available
First Troy Spe Llc $1,040,784 None Available
Carolina Marina & Yacht Club Llc -- None Available
Carolina Marina & Yacht Club Llc $250,000 None Available
Carolina Marina & Yacht Club Llc $750,000 None Available
Ward Donnie H -- --
Ward Homer H Hrs -- --
Ward Greg -- --
Ward Homer H -- --
Ward Homer H Francis E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Floyd Development Inc $320,000
Previous Owner Ward Timothy H $199,999
Previous Owner Carolina Marina & Yacht Club Llc $1,000,000
Previous Owner Carolina Marina & Yacht Club Llc $750,000
Previous Owner Carolina Marina & Yacht Club Llc $372,000
Previous Owner Carolina Marina & Yacht Club Llc $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $600,000 -44.2% --
02/12/2014 02/12/14 Pending -- -- --
01/24/2013 01/24/13 For Sale $1,075,000 -- --
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 $2,474 $1,419,600 $1,382,600 $37,000
2022 $6,619 $1,661,600 $1,575,800 $85,800
2021 $9,106 $1,661,600 $1,575,800 $85,800
2020 $5,401 $853,900 $790,000 $63,900
2019 $5,401 $853,900 $790,000 $63,900
2018 $5,400 $853,900 $790,000 $63,900
2017 $5,529 $853,900 $790,000 $63,900
2016 $4,988 $719,700 $639,500 $80,200
2015 $4,635 $719,700 $639,500 $80,200
2014 $4,556 $719,700 $639,500 $80,200
Source: Public Records

Agents Affiliated with this Home

  • Vin Wells

    Seller's Agent in 2014

    Vin Wells

    Cape Fear Commercial, LLC

    (910) 344-1000

    14 Total Sales

    Vin Wells
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Map

Source: Hive MLS

MLS Number: 30486087

Hive MLS

APN: R08511-003-001-000

North Carolina New Hanover County Wilmington 28409 Intracoastal Waterway

1512 Burnett Rd, Wilmington, NC

Homes for Sale in Wilmington, NC

This home is located at 1512 Burnett Rd, Wilmington, NC 28409 since 24 January 2013 and is currently estimated at $1,223,950. 1512 Burnett Rd is a home located in New Hanover County with nearby schools including Edwin A. Anderson 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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