NOT LISTED FOR SALE

2009 Pelican Reach Place Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $1,244,000 - $1,707,000

0.46 Acre
$3,195,091 Price per Acre
20,038 Sq Ft Lot

Last Sold May 01, 2012

Last sale price $160,000

Est. 819% increase in value since last sale

Current estimated payment $8,433/month

215 Days on Market

Highlights

  • On Golf Course
  • Community Pool
  • Security Service
  • Wrightsville Beach Elementary School Rated A-
  • Community Playground
  • Maintained Community

About This Lot

As of May 2012

Overlooking the 8th green of Landfalls Nicklaus Marsh course, this .46 acre lot is the ideal location to build your dream home. This lot can be purchased alone or with adjoining lot 2 to make nearly an acre building lot. Walking distance to Landfall club house and all this prestigious gated community has to offer. Minutes to Wrightsville Beach and plenty of fine dining and shopping all around.

Last Agent to Sell the Property

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100 Listed on: 08/18/2011

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,427

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 132x173x130x158
  • Property fronts a private road
  • On Golf Course
  • Property is zoned R-20

HOA Fees

  • $155 Monthly HOA Fees

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 31582092130500

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$3,427

Lot Details

0

HOA Fees

$155 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved, 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: Maint - Comm Areas, Maint - Roads, Management, Playground, Pool, Security, Taxes
  • HOAAssociationFee1Year: 1857.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 248.00
  • Lot Description: On Golf Course
  • Lot Dimensions: 132x173x130x158
  • Lot Number: 3
  • Lot Sq Ft: 20038.00
  • Zoning: R-20
  • Acres: 0.46
  • Flood Zone: No
  • List Price per Acre: 369565.22
  • Lot Number2: 3

Tax Info

  • Tax Identifier: 31582092130500

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2021
Sold by
Jarrett Janice L and Jarrett Paul Derek
Bought by
Jarrett Paul Derek and Jarrett Tara Lynn
Current Estimated Value
$1,469,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,000
Outstanding Balance
$701,057
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$743,592

Purchase Details

Closed on
Jun 18, 2014
Sold by
Jarrett Janice L and Estate Of Paul B Jarrett Iii
Bought by
Jarrett Janice L and Jarrett Paul Derek

Purchase Details

Listed on
Aug 18, 2011
Closed on
May 1, 2012
Sold by
David Wannstedt Trust
Bought by
Jarrett Paul B and Jarrett Janice L
Seller's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%

Purchase Details

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

Purchase Details

Closed on
May 4, 1998
Sold by
Landfall Associates
Bought by
Wannstedt David Trust

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
Jarrett Paul Derek $850,000 None Available
Jarrett Janice L -- None Available
Jarrett Paul B $160,000 None Available
New Han Cnty Water/Sewer -- --
Wannstedt David Trust $118,000 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarrett Paul Derek $300,000
Open Jarrett Paul Derek $763,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2012 05/01/12 Sold $160,000 -8.6% --
03/20/2012 03/20/12 Pending -- -- --
08/18/2011 08/18/11 For Sale $175,000 -- --
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 $3,427 $787,700 $305,600 $482,100
2022 $5,022 $787,700 $305,600 $482,100
2021 $6,741 $787,700 $305,600 $482,100
2020 $6,010 $570,500 $266,000 $304,500
2019 $6,010 $570,500 $266,000 $304,500
2018 $6,010 $570,500 $266,000 $304,500
2017 $6,010 $570,500 $266,000 $304,500
2016 $7,656 $691,000 $166,200 $524,800
2015 $7,318 $691,000 $166,200 $524,800
2014 $7,007 $691,000 $166,200 $524,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30467208

Hive MLS

APN: R05110-008-003-000