NOT LISTED FOR SALE

2004 Pelican Reach Place Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $363,752 - $715,000

0.42 Acre
$1,284,229 Price per Acre
18,295 Sq Ft Lot

Last Sold September 22, 2020

Last sale price $235,000

Est. 130% increase in value since last sale

Current estimated payment $3,390/month

107 Days on Market

Highlights

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

About This Lot

As of September 2020

Build the home of your dreams located on the 9th hole of the Nicklaus Marsh course at Landfall. Located within walking distance to the main clubhouse and dining amenities at the Landfall Country Club which has undergone extension renovations over the past few years and features 45 holes of golf designed by Jack Nicklaus and Pete Dye; state of the art Drysdale Tennis Center; and fitness center with pool. Award winning PBC Design and Build has an architecturally reviewed approved house plan for this site to expedite the construction process. Landfall is the premiere gated community located next to Wrightsville Beach as well as prime shopping at Lumina Station, The Forum and Mayfaire.

Last Agent to Sell the Property

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 05/04/2020

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Erica Leone

Intracoastal Realty Corp License #320899

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,089

Lot Details

  • 0.42 Acre Lot
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $271 Monthly HOA Fees

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • New Hanover High School

Listing and Financial Details

  • Tax Lot 16R
  • Assessor Parcel Number R05110-008-029-000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,089

Lot Details

0

HOA Fees

$271 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 268

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Maint - Comm Areas, Mgmt Fee, Security, Tax Comm Areas
  • HOAAssociationFee1Year: 3249.50

Lot Info

  • Deed Page: 539.00
  • Lot Number: 16R
  • Lot Sq Ft: 18260.00
  • Plat Book: 40
  • Plat Page: 230
  • Zoning: R-20
  • Acres: 0.42
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 583095.24
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared
  • Lot Number2: 16R

Tax Info

  • Tax Identifier: R05110-008-029-000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 515.35
  • Total Real Estate Property Taxes: 1089.22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Sep 18, 2020
Sold by
Raber Investments Llc
Bought by
Shannon Walker and Shannon Laura Walker
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Erica Leone
Intracoastal Realty Corp
List Price
$254,900
Sold Price
$235,000
Premium/Discount to List
-$19,900
-7.81%
Current Estimated Value
$539,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,376
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
May 6, 2015
Sold by
Parro Corp
Bought by
Sweyer R David Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2000
Sold by
Landfall Associates
Bought by
Parro Corp

Purchase Details

Closed on
May 21, 1998
Sold by
Landfall Associtates
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Jul 1, 1987
Bought by
Landfall Associates
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 Buyer Sale Price Title Company
Shannon Walker $235,000 None Available
Raber Investments Llc -- None Available
Sweyer R David Amy L $95,000 --
Parro Corp $31,000 --
New Han Cnty Water/Sewer -- --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Shannon $1,560,000
Previous Owner Sweyer Richard David $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $235,000 -7.8% --
08/19/2020 08/19/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $254,900 -- --
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
2024 $2,154 $247,600 $247,600 $0
2023 $2,092 $247,600 $247,600 $0
2022 $2,105 $247,600 $247,600 $0
2021 $2,119 $247,600 $247,600 $0
2020 $1,089 $103,400 $103,400 $0
2019 $1,089 $103,400 $103,400 $0
2018 $1,089 $103,400 $103,400 $0
2017 $1,089 $103,400 $103,400 $0
2016 $1,074 $96,900 $96,900 $0
2015 $1,026 $96,900 $96,900 $0
2014 $983 $96,900 $96,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Sweyer

    Seller's Agent in 2020

    Peter Sweyer

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 256-0021

    7 in this area

    78 Total Sales

    Section Image

  • E

    Buyer's Agent in 2020

    Erica Leone

    Intracoastal Realty Corp

See All Agents

Map

Source: Hive MLS

MLS Number: 100215838

Hive MLS

APN: R05110-008-029-000

North Carolina New Hanover County Wilmington 28405 Landfall

2004 Pelican Reach Place, Wilmington, NC

This home is located at 2004 Pelican Reach Place, Wilmington, NC 28405 since 04 May 2020 and is currently estimated at $539,376. 2004 Pelican Reach Place 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.

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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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