NOT LISTED FOR SALE

Estimated Value: $438,000 - $438,445

1.09 Acres
$402,039 Price per Acre
47,480 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $305,000 $181 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,391/month

319 Days on Market

Highlights

  • 1.09 Acre Lot
  • No HOA
  • Level Lot
  • Holly Tree Elementary School Rated A-

About This Lot

As of October 2022

UNIQUE OPPORTUNITY FOR BUILDERS IN THE HEART OF WILMINGTON!!! Over one acre of buildable property, perfect for residential homes! The home on this property might be a tear down, but the previous owner is a contractor and has done minor renovations, making this home a great fixer upper! (Currently this property is zoned for R-15, but can possibly be rezoned).

Last Agent to Sell the Property

Bailey Bunting

Realty ONE Group Affinity License #308795 Listed on: 05/10/2021

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $706

Lot Details

  • 1.09 Acre Lot
  • Level Lot
  • Property is zoned R-15

Location

  • Suburban Location

Schools

  • Holly Tree Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R06120007037000

Property Details

Property Type

Land

Est. Annual Taxes

$706

Lot Details

0

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: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 17

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available

Association/Amenities

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

Lot Info

  • Deed Book: 6309
  • Deed Page: 2534.00
  • Lot Description: Suburban
  • Lot Sq Ft: 47269.00
  • Lot Water Features: None
  • Zoning: R-15
  • Acres: 1.09
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 288073.39
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level

Tax Info

  • Tax Identifier: R06120007037000
  • Tax Year: 2020

MLS Schools

  • Elementary School: Holly Tree
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Melvin Building Inc
Bought by
Beasley Square Hoa Inc
Current Estimated Value
$438,223

Purchase Details

Closed on
Jul 26, 2022
Sold by
Turbeville Terry Howard and Turbeville Ginger Kay
Bought by
Melvin Building Inc

Purchase Details

Listed on
Aug 2, 2019
Closed on
May 7, 2020
Sold by
Wang Qiu Qun and Chen Jian
Bought by
Turbeville Terry Howard and Turbeville Ginger Kay
Seller's Agent
elizasantos Santos
RE/MAX Essential
Buyer's Agent
elizasantos Santos
RE/MAX Essential
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%

Purchase Details

Closed on
May 5, 2006
Sold by
Leonhardt Louise B and Leonhardt Wilbert G
Bought by
Chen Jian and Wang Qiu Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,340
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2006
Sold by
Leonhardt Louise B and Leonhardt Wilbert G
Bought by
Chen Jian and Wang Qiu Qun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,340
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Gibson William J Gail T
Bought by
Leonhardt Louise B

Purchase Details

Closed on
Nov 18, 2002
Sold by
Core Louise B
Bought by
Leonhardt Louise B Core

Purchase Details

Closed on
Jan 22, 1984
Sold by
Core Ernest Keith
Bought by
Core Louise B

Purchase Details

Closed on
Nov 1, 1964
Bought by
Core Ernest Keith Louise B
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
Beasley Square Hoa Inc -- None Listed On Document
Melvin Building Inc $305,000 --
Turbeville Terry Howard $210,000 Boston National Title
Chen Jian $275,000 None Available
Chen Jian $275,000 None Available
Leonhardt Louise B -- --
Leonhardt Louise B Core -- --
Core Louise B -- --
Core Ernest Keith Louise B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Jian $223,340
Previous Owner Chen Jian $223,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $305,000 -2.9% $181 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
11/06/2021 11/06/21 Price Changed $314,000 -4.0% $186 / Sq Ft
05/19/2021 05/19/21 Price Changed $327,000 -6.0% $194 / Sq Ft
05/10/2021 05/10/21 For Sale $348,000 +65.7% $206 / Sq Ft
05/28/2020 05/28/20 Sold $210,000 -16.0% $150 / Sq Ft View Prior Sale
04/27/2020 04/27/20 Pending -- -- --
08/02/2019 08/02/19 For Sale $249,900 -- $179 / 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
2024 $706 $81,100 $81,100 $0
2023 -- $175,700 $81,100 $94,600
2022 $2,009 $236,400 $141,800 $94,600
2021 $2,023 $236,400 $141,800 $94,600
2020 $2,306 $218,900 $82,500 $136,400
2019 $2,306 $218,900 $82,500 $136,400
2018 $2,306 $218,900 $82,500 $136,400
2017 $2,306 $218,900 $82,500 $136,400
2016 $1,703 $153,700 $82,500 $71,200
2015 $1,628 $153,700 $82,500 $71,200
2014 $1,559 $153,700 $82,500 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100270830

Hive MLS

APN: R06120-007-037-000