NOT LISTED FOR SALE

Estimated Value: $833,000 - $1,506,206

0.3 Acre
$3,795,173 Price per Acre
13,068 Sq Ft Lot

Last Sold April 03, 2020

Last sale price $395,000

Est. 188% increase in value since last sale

Current estimated payment $6,665/month

260 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Boat Slip
  • Masonboro Elementary School Rated A
  • Boat Lift
  • Property fronts a marsh

About This Lot

As of April 2020

An ideal spot for your coastal dream home with views extending over the ICWW and Masonboro Island with the Atlantic Ocean beyond. Your deeded 35' boat slip with lift will allow easy water access for a quick trip to Masonboro Island, Dockside or the open ocean. The private enclave community of Windchase features extraordinary coastal homes along with seclusion and privacy, but also easy access to shopping, entertainment and the beaches. The 12,242 SF lot is 20+' elevation and above the 100-year flood zone. A custom home design by noted local architect Michael Kersting and a comprehensive soil engineering report are already in hand to help jump-start your project.

Last Agent to Sell the Property

Sherri Ingle

Intracoastal Realty Corp Listed on: 05/16/2019

Intracoastal Realty Corp

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $869

Lot Details

  • 0.3 Acre Lot
  • Property fronts a marsh
  • Property fronts a private road
  • Open Lot
  • Sloped Lot
  • Cleared Lot
  • Property is zoned R-15

HOA Fees

  • $133 Monthly HOA Fees

Schools

  • Masonboro Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Additional Features

  • Water Views
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number R07210-005-017-000

Community Details

Overview

  • Windchase Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Boat Lift
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$869

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 180

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: County Sewer, County Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Maint - Grounds, Maint - Roads
  • HOAAssociationFee1Year: 1600.00

Lot Info

  • Deed Page: 564.00
  • Lot Description: Deeded Water Rights, Open
  • Lot Dimensions: irregular
  • Lot Sq Ft: 13282.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip
  • Zoning: R-15
  • Cleared Acres: 0.25
  • Acres: 0.30
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1450000.00
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Sloped, Undeveloped
  • Lot View Type: Marsh View, Water View

Tax Info

  • Tax Identifier: R07210-005-017-000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 869.00

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Apr 2, 2020
Sold by
Kotz Kenneth W and Kotz Nancy B
Bought by
Stogner Nicholas J and Stogner Mary C
Seller's Agent
Sherri Ingle
Intracoastal Realty Corp
Buyer's Agent
A Non Member
A Non Member
List Price
$495,000
Sold Price
$395,000
Premium/Discount to List
-$100,000
-20.2%
Current Estimated Value
$1,138,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,552
Avg. Annual Appreciation
21.14%
Original Mortgage
$296,260
Outstanding Balance
$261,880
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$876,672

Purchase Details

Listed on
Jan 10, 2015
Closed on
Aug 4, 2015
Sold by
Hill James S Alice V
Bought by
Kotz Kenneth W Nancy B
Seller's Agent
Brian Brodwater
Bald Head Island Realty, LLC
Buyer's Agent
Angie Pool
Intracoastal Realty Corp
List Price
$379,000
Sold Price
$305,000
Premium/Discount to List
-$74,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$228,750
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 10, 2015
Closed on
Jul 22, 2015
Sold by
Hill James S and Hill Alice V
Bought by
Kotz Kenneth W and Kotz Nancy Beth
Seller's Agent
Brian Brodwater
Bald Head Island Realty, LLC
Buyer's Agent
Angie Pool
Intracoastal Realty Corp
List Price
$379,000
Sold Price
$305,000
Premium/Discount to List
-$74,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2002
Sold by
Hill James S Alice V
Bought by
Wilmington City Of

Purchase Details

Closed on
Sep 3, 1991
Sold by
First Hanover Bank
Bought by
Hill James S Alice

Purchase Details

Closed on
May 14, 1991
Sold by
Southern Holdings
Bought by
First Hanover Bank

Purchase Details

Closed on
May 1, 1985
Bought by
Southern Holdings
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
Stogner Nicholas J $395,000 None Available
Kotz Kenneth W Nancy B $305,000 --
Kotz Kenneth W $305,000 None Available
Wilmington City Of $1,500 --
Hill James S Alice $45,000 --
First Hanover Bank $46,000 --
Southern Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stogner Nicholas J $296,260
Previous Owner Kotz Kenneth W $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2020 04/03/20 Sold $395,000 -20.2% --
01/31/2020 01/31/20 Pending -- -- --
05/16/2019 05/16/19 For Sale $495,000 +62.3% --
08/04/2015 08/04/15 Sold $305,000 -19.5% -- View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $379,000 -- --
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
2025 $5,951 $1,498,700 $539,200 $959,500
2023 $5,951 $382,600 $382,600 $0
2022 $869 $382,600 $382,600 $0
2021 $0 $382,600 $382,600 $0
2020 $869 $82,500 $82,500 $0
2019 $869 $82,500 $82,500 $0
2018 $869 $82,500 $82,500 $0
2017 $869 $82,500 $82,500 $0
2016 $831 $75,000 $75,000 $0
2015 $794 $75,000 $75,000 $0
2014 $761 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100165895

Hive MLS

APN: R07210-005-017-000