$133,000
SOLD JUL 18, 2014

1805 Karsten Creek Way Wilmington, NC 28411

0.53 Acre
$250,943 Price per Acre
23,087 Sq Ft Lot

Recently Sold

11% Below List Price

34 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Cul-De-Sac
  • Porters Neck Elementary School Rated A-
  • Community Pool
  • Security Service

About This Lot

As of June 2015

This lot is ideal for those who want privacy, nature and access to the path to boat ramp off the backyard. 0.53 acre Custom lot on a cul-de-sac street. Use the builder of your choice. No time limit to build.

Last Agent to Sell the Property

Bruce Koch

Porters Neck Co, Inc Listed on: 05/14/2014

Last Buyer's Agent

Bruce Koch

Porters Neck Co, Inc Listed on: 05/14/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,884

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 42x146x159x179
  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned R-20

HOA Fees

  • $83 Monthly HOA Fees

Accessible Home Design

  • Accessible Ramps

Schools

  • Blair Elementary School
  • Holly Shelter Middle School
  • Laney High School

Community Details

Overview

  • Kuester Management HOA, Phone Number (910) 256-2262
  • Porters Neck Plantation Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Pool
  • Water Access

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$2,884

Lot Details

0

HOA Fees

$83 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Private

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: Dock, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Pool, Ramp, Security
  • Annual HOA: 999.60
  • HOA Company: Kuester Management
  • HOA Phone: (910) 256-2262

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 3573
  • Deed Page: 624.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 42x146x159x179
  • Lot Sq Ft: 23087.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-20
  • Acres: 0.53
  • List Price per Acre: 281132.08

MLS Schools

  • Elementary School: Blair
  • High School: Laney
  • Middle School: Holly Shelter
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 17, 2014
Sold by
Kidman Timothy W
Bought by
Hedgepeth Dennis Moore and Hedgepeth Sandra H
Seller's Agent
Bruce Koch
Porters Neck Co, Inc
Buyer's Agent
Bruce Koch
Porters Neck Co, Inc
List Price
$149,000
Sold Price
$133,000
Premium/Discount to List
-$16,000
-10.74%
Current Estimated Value
$971,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,598
Avg. Annual Appreciation
19.55%
Original Mortgage
$410,000
Interest Rate
4.19%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 19, 2002
Sold by
Bartlett Norman G Jacqueline K
Bought by
Kidman Timothy W Myrna D

Purchase Details

Closed on
Jul 10, 1998
Sold by
Porters Neck Co Inc
Bought by
Bartlett Norman G Jacqueline K

Purchase Details

Closed on
Oct 18, 1988
Sold by
Hogue Cyrus D Jr Etal Trustees
Bought by
Porters Neck Co Inc
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 Type Sale Price Title Company
Warranty Deed $133,000 None Available
Deed $80,000 --
Deed $68,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,275 New Conventional
Closed $375,000 New Conventional
Closed $410,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $580,000 +6.8% $213 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $542,925 +308.2% $200 / Sq Ft
07/18/2014 07/18/14 Sold $133,000 -10.7% --
06/17/2014 06/17/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $149,000 -- --
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 $2,884 $537,900 $134,300 $403,600
2022 $2,905 $537,900 $134,300 $403,600
2021 $2,957 $537,900 $134,300 $403,600
2020 $2,115 $334,400 $133,200 $201,200
2019 $2,115 $334,400 $133,200 $201,200
2018 $2,115 $334,400 $133,200 $201,200
2017 $2,165 $334,400 $133,200 $201,200
2016 $2,647 $381,900 $147,200 $234,700
2015 $1,855 $288,000 $147,200 $140,800
2014 -- $147,200 $147,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30506163

Hive MLS

APN: R03700-002-065-000