NOT LISTED FOR SALE

1611 Verrazzano Dr Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $1,384,000 - $1,544,000

0.46 Acre
$3,238,096 Price per Acre
20,038 Sq Ft Lot

Last Sold November 07, 2012

Last sale price $135,700

Est. 998% increase in value since last sale

Current estimated payment $8,842/month

249 Days on Market

Highlights

  • Community Pool
  • Security Service
  • Maintained Community
  • Wrightsville Beach Elementary School Rated A-

About This Lot

As of November 2012

This half acre lot is located in Landfall which is one of the finest gated golfing communities on the east coast. Golf courses are designed by Nicholas and Dye. This community is less than a mile from Wrightsville Beach. Seller is offering seller financing at 10% down and 3% interest.

Last Agent to Sell the Property

Dick Schouten

Century 21 Sweyer & Associates Listed on: 01/23/2012

Last Buyer's Agent

Argie Franck

Intracoastal Realty Corp License #129261

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,080

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R-20

HOA Fees

  • $152 Monthly HOA Fees

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 315708787255000

Community Details

Overview

  • Landfall Coa, Phone Number (910) 256-7651
  • Landfall Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$7,080

Lot Details

0

HOA Fees

$152 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Total Road Frontage: 164

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Mgmt Fee, Pool, Security, Tax Comm Areas
  • Annual HOA: 1826.04
  • HOA Company: Landfall COA
  • HOA Phone: (910) 256-7651

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4939
  • Deed Page: 1850.00
  • Lot Dimensions: Irregular
  • Lot Number: 10
  • Lot Sq Ft: 20038.00
  • Zoning: R-20
  • Acres: 0.46
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 402173.91
  • Lot Number2: 10

Tax Info

  • Tax Identifier: 315708787255000

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Nov 7, 2012
Sold by
Dodge Elizabeth
Bought by
Franck Robert Stuart and Franck Susan Allen
Seller's Agent
Dick Schouten
Century 21 Sweyer & Associates
Buyer's Agent
Argie Franck
Intracoastal Realty Corp
List Price
$185,000
Sold Price
$135,700
Premium/Discount to List
-$49,300
-26.65%
Current Estimated Value
$1,489,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,353,824
Avg. Annual Appreciation
20.42%
Original Mortgage
$101,775
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 16, 2005
Sold by
Deriso Melinda M
Bought by
Dodge Elizabeth

Purchase Details

Closed on
Aug 5, 2005
Sold by
Kierstead Geoffrey J and Kierstead Dewitt C
Bought by
Deriso Melinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 1990
Sold by
Turner Christopher T Ann
Bought by
Kierstead Geoffrey J Dewitt C

Purchase Details

Closed on
Jul 1, 1986
Sold by
Landfall Associates
Bought by
Turner Christopher T Ann

Purchase Details

Closed on
Jul 1, 1985
Sold by
Landfall Dev Co
Bought by
Landfall Associates
Source: Public Records

Range of Values:

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Average Value
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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
Franck Robert Stuart $136,000 None Available
Dodge Elizabeth -- None Available
Deriso Melinda M $200,000 None Available
Kierstead Geoffrey J Dewitt C $50,000 --
Turner Christopher T Ann $50,000 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franck Robert Stuart $200,000
Open Franck Robert Stuart $510,400
Closed Frank Robert Stuart $50,000
Closed Franck Robert Stuart $417,000
Closed Franck Robert Stuart $30,000
Closed Franck Robert Stuart $500,000
Closed Franck Robert Stuart $101,775
Previous Owner Deriso Melinda M $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2012 11/07/12 Sold $135,700 -26.6% --
09/28/2012 09/28/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $185,000 -- --
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 $7,080 $813,800 $259,900 $553,900
2022 $6,917 $813,800 $259,900 $553,900
2021 $6,965 $813,800 $259,900 $553,900
2020 $7,235 $686,800 $135,400 $551,400
2019 $7,235 $686,800 $135,400 $551,400
2018 $0 $686,800 $135,400 $551,400
2017 $7,235 $686,800 $135,400 $551,400
2016 $7,486 $675,600 $112,800 $562,800
2015 $5,068 $478,600 $112,800 $365,800
2014 $1,144 $112,800 $112,800 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dick Schouten

    Century 21 Sweyer & Associates

  • Argie Franck

    Buyer's Agent in 2012

    Argie Franck

    Intracoastal Realty Corp

    (910) 512-3580

    6 in this area

    81 Total Sales

    Argie Franck
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Map

Source: Hive MLS

MLS Number: 30471947

Hive MLS

APN: R05118-005-002-000

North Carolina New Hanover County Wilmington 28405 Landfall

1611 Verrazzano Dr, Wilmington, NC

This home is located at 1611 Verrazzano Dr, Wilmington, NC 28405 since 23 January 2012 and is currently estimated at $1,489,524. 1611 Verrazzano Dr is a home located in New Hanover County with nearby schools including Wrightsville Beach Elementary School, M.C.S. Noble Middle School, and New Hanover 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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