NOT LISTED FOR SALE

1929 Middle Sound Loop Rd Wilmington, NC 28411

Estimated Value: $1,663,000 - $2,789,000

6 Acres
$428,195 Price per Acre
245,243 Sq Ft Lot

Last Sold December 20, 2018

Last sale price $1,550,000 $819 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $14,448/month

127 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Boat Dock
  • 5.63 Acre Lot
  • Ogden Elementary School Rated A-
  • Deep Water Access
  • No HOA

About This Lot

As of December 2018

1929 Middle Sound Loop Rd. 200 Ft frontage on a high bluff on the Intracoastal Waterway (ICW) with spectacular views of Figure 8 Island and the north end of Wrightsville Beach. This secluded, wooded tract spans from Middle Sound Loop Road to the ICW with 5.45 acres on high ground and an additional 3+/- acres of marsh. The natural driveway is canopied with mature trees and parallels the small creek, then opens up to spectacular views. Privacy without any HOA dues, the community enjoys a neighborhood elementary school (Honor School of Excellence) and several neighborhoo More...

Last Listed By

Harper Fraser

Intracoastal Realty Corp License #159031 Listed on: 06/21/2018

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,988

Year Built

  • 1975

Lot Details

  • 5.63 Acre Lot
  • Lot Dimensions are 204x784x162x187x418x292x325x394
  • 200 Feet of Waterfront
  • Cleared Lot
  • Property is zoned R 20S

Schools

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

Additional Features

  • Water Views
  • Well

Listing and Financial Details

  • Assessor Parcel Number R04500-004-012-000

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$12,988

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1975

Exterior Features

  • Fencing: None
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 397
  • Water Frontage: 200.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: County Sewer, Well Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2275.00
  • Lot Description: Partially Cleared, Water Depth 4+
  • Lot Dimensions: 204x784x162x187x418x292x325x394
  • Lot Sq Ft: 245334.00
  • Lot Water Features: Boat Dock, Water Depth 4+
  • Zoning: R 20S
  • Acres: 5.63
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 319538.19
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R04500-004-012-000
  • Tax Year: 2017
  • 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 21, 2018
Closed on
Dec 14, 2018
Sold by
Cameron George F
Bought by
Joh Hunter Croom and Joh Rebecca Megan
Seller's Agent
Harper Fraser
Intracoastal Realty Corp
Buyer's Agent
Carla Lewis
Intracoastal Realty Corp
List Price
$2,299,000
Sold Price
$1,550,000
Premium/Discount to List
-$749,000
-32.58%
Total Days on Market
127
Current Estimated Value
$2,410,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$860,736
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,162,500
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2014
Sold by
Cameron Hilda Worden and Cameron George F
Bought by
Cameron George F and Hilda W Cameron Living Trust

Purchase Details

Closed on
Jan 1, 2001
Bought by
Cameron George F

Purchase Details

Closed on
May 14, 1998
Sold by
Cameron Jr George F
Bought by
Cameron G F Jr Hrs Trust Etal

Purchase Details

Closed on
Aug 9, 1996
Sold by
Cameron George F Jr Hilda W
Bought by
Cameron Hilda W

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
Joh Hunter Croom $1,550,000 None Available
Cameron George F -- None Available
Cameron Hilda Worden -- None Available
Cameron George F -- --
Cameron G F Jr Hrs Trust Etal -- --
Cameron Hilda W -- --
Cameron George F Jr Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joh Hunter C $2,000,000
Closed Joh Hunter Croom $1,162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $1,550,000 -32.6% $819 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $2,299,000 -- $1,215 / 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 $12,988 $2,485,700 $2,462,000 $23,700
2022 $13,112 $2,485,700 $2,462,000 $23,700
2021 $13,621 $2,485,700 $2,462,000 $23,700
2020 $8,407 $1,329,100 $1,297,100 $32,000
2019 $9,449 $1,493,900 $1,297,100 $196,800
2018 $9,449 $1,493,900 $1,297,100 $196,800
2017 $9,673 $1,493,900 $1,297,100 $196,800
2016 $10,664 $1,538,800 $1,297,200 $241,600
2015 $9,910 $1,538,800 $1,297,200 $241,600
2014 $9,741 $1,538,800 $1,297,200 $241,600
Source: Public Records

Agents Affiliated with this Home

  • Harper Fraser

    Seller's Agent in 2018

    Harper Fraser

    Intracoastal Realty Corp

    (910) 524-1859

    3 in this area

    69 Total Sales

    Harper Fraser
    Section Image
  • Carla Lewis

    Buyer's Agent in 2018

    Carla Lewis

    Intracoastal Realty Corp

    (910) 509-7065

    14 in this area

    368 Total Sales

    Carla Lewis
    Section Image
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Map

Source: Hive MLS

MLS Number: 100122155

Hive MLS

APN: R04500-004-012-000

North Carolina New Hanover County Wilmington 28411

1929 Middle Sound Loop Rd, Wilmington, NC

Homes for Sale in Wilmington, NC

This home is located at 1929 Middle Sound Loop Rd, Wilmington, NC 28411 since 21 June 2018 and is currently estimated at $2,410,736, approximately $1,274 per square foot. This property was built in 1975. 1929 Middle Sound Loop Rd is a home located in New Hanover County with nearby schools including Ogden Elementary School, M.C.S. Noble Middle School, and Emsley A. Laney High School.

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