NOT LISTED FOR SALE

1824 Middle Sound Loop Rd Wilmington, NC 28411

Estimated Value: $935,263 - $989,000

0.49 Acre
$1,960,722 Price per Acre
21,344 Sq Ft Lot

Last Sold February 08, 2021

Last sale price $154,900 $239 Per Sq Ft

Est. 520% increase in value since last sale

Current estimated payment $5,569/month

461 Days on Market

Highlights

  • Wooded Lot
  • Ogden Elementary School Rated A-
  • No HOA

About This Lot

As of February 2021

Buildable 1/2 lot zoned R-20 with beautiful 500 year old live oak trees. This beautiful property is waiting for your dream home! Enjoy the breezes from the Intracoastal Waterway just a short distance away without being in a flood zone! This location offers water access and boat slip options nearby, including Mason Harbor Yacht Club and Middle Sound Marina.

Last Listed By

Mark Bodford

Intracoastal Realty Corp License #154809 Listed on: 06/28/2019

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,915

Year Built

  • 1950

Lot Details

  • 0.49 Acre Lot
  • Wooded Lot
  • Property is zoned R20

Schools

  • Ogden Elementary School
  • Noble Middle School
  • Laney High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Middle Sound Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04500-007-008-002

Property Details

Property Type

Land

Est. Annual Taxes

$2,915

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1950

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 185

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Well Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2402.00
  • Lot Description: Wooded
  • Lot Dimensions: see survey
  • Lot Sq Ft: 21250.00
  • Lot Water Features: Second Row
  • Zoning: R20
  • Acres: 0.49
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 336530.61
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: R04500-007-008-002
  • Tax Year: 2018
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Ogden
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Feb 8, 2021
Sold by
Arm Ventures Llc
Bought by
Garner Garrett and Garner Sara
Seller's Agent
Mark Bodford
Intracoastal Realty Corp
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$189,900
Sold Price
$154,900
Premium/Discount to List
-$35,000
-18.43%
Total Days on Market
461
Current Estimated Value
$960,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805,854
Avg. Annual Appreciation
53.48%
Original Mortgage
$548,000
Outstanding Balance
$500,422
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$460,332

Purchase Details

Listed on
Jun 28, 2019
Closed on
Feb 4, 2021
Sold by
Dennis Moeller Custom Homes Inc
Bought by
Arm Ventures Llc
Seller's Agent
Mark Bodford
Intracoastal Realty Corp
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$189,900
Sold Price
$154,900
Premium/Discount to List
-$35,000
-18.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$500,422
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$460,332

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 20, 2019
Sold by
Garrett Edith Lee Brewer
Bought by
Dennis Moeller Custom Homes Inc and Arm Ventures Llc
Seller's Agent
Nicole Valentine
Intracoastal Realty Corp
Buyer's Agent
Mark Bodford
Intracoastal Realty Corp
List Price
$260,000
Sold Price
$210,000
Premium/Discount to List
-$50,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.94%

Purchase Details

Listed on
Sep 29, 2016
Closed on
Feb 13, 2017
Sold by
Perkins Fred L
Bought by
Garrett Edith Lee Brewer
Seller's Agent
Jason Allen
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Herring Cynthia Ann
Bought by
Perkins Cynthia Blake Fred L

Purchase Details

Closed on
Dec 1, 1986
Sold by
Herring Ronald D
Bought by
Herring Cynthia Ann

Purchase Details

Closed on
Jul 1, 1979
Bought by
Herring Ronald D

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
Garner Garrett $155,000 None Available
Arm Ventures Llc -- None Available
Dennis Moeller Custom Homes Inc $210,000 None Available
Garrett Edith Lee Brewer $191,000 None Available
Perkins Cynthia Blake Fred L -- --
Herring Cynthia Ann -- --
Herring Ronald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Middlesound Llc $75,000
Open Garner Garrett $120,000
Open Garner Garrett $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $154,900 -18.4% $239 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $189,900 -9.6% $293 / Sq Ft
06/20/2019 06/20/19 Sold $210,000 -19.2% $324 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $260,000 +36.1% $401 / Sq Ft
02/17/2017 02/17/17 Sold $191,000 -2.1% $273 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $195,000 -- $279 / 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 $2,915 $543,700 $114,800 $428,900
2022 $641 $543,700 $114,800 $428,900
2021 $641 $114,800 $114,800 $0
2020 $493 $77,900 $77,900 $0
2019 $279 $88,200 $88,200 $0
2018 $279 $88,200 $88,200 $0
2017 $369 $114,000 $88,200 $25,800
2016 $366 $105,500 $78,700 $26,800
2015 $340 $105,500 $78,700 $26,800
2014 $334 $105,500 $78,700 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100173005

Hive MLS

APN: R04500-007-008-002