NOT LISTED FOR SALE

2024 Cedar Hill Rd NE Leland, NC 28451

Estimated Value: $46,840

72 Acres
$651 Price per Acre
3,136,320 Sq Ft Lot

Last Sold June 21, 2023

Last sale price $4,200,000

Current estimated payment $269/month

939 Days on Market

Highlights

  • Home fronts a creek
  • 72 Acre Lot
  • No HOA
  • Pond View
  • Wooded Lot
  • Level Lot

About This Lot

As of June 2023

Nestled under beautiful Oak Trees and a hidden gem of a previously mined pond, lies 180 approximate acres only 12 minutes from the heart of downtown Wilmington. Located beside the largest growing town of Leland in North Carolina. With a new outer loop of I 140 1/4 of a mile from the interchange. This property is also located in an opportunity zone offering tax discounts and deferrals. A developers dream with a 6 acre pond perfect for a dock and clubhouse. 64 acres cleared, graded and has 8000+ sq yards of topsoil. (approximately $2,000,000) worth of investment already in place for clearing and grading of the property! Davis Creek runs along the entirety of the property which gives easy access to the Cape Fear River. Property could be great for apartments, retail space, and housing development. Has a city boat ramp in between the properties which total the approximate 195 acres to be determined by a survey. Close to the property is a wonderful public park offering a baseball field, basketball court, tennis court, picnic area and more. Easily tie into water and sewer!

Last Agent to Sell the Property

Shelly Wagner

Wicker Properties of the Carolinas, Inc. License #274086 Listed on: 07/15/2020

Last Buyer's Agent

Deedy Vincent

Cornerstone Realty Group of Wilmington NC LLC License #285108

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $151

Lot Details

  • 72 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned NA-HI

Property Views

  • Pond
  • Creek or Stream

Schools

  • Lincoln Elementary School
  • Leland Middle School
  • North Brunswick High School

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 02400003

Property Details

Property Type

Land

Est. Annual Taxes

$151

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Undeveloped
  • Cobra Zone: No
  • Road Frontage Type: Creek Front, Pond Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 400

Utilities

  • Fuel Tank: None

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 662.00
  • Lot Description: Open, Partially Cleared, Wooded
  • Lot Dimensions: variable
  • Lot Sq Ft: 3136320.00
  • Lot Water Features: None
  • Zoning: NA-HI
  • Acres: 72.00
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 56944.44
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level, Sloped, Undeveloped, Wooded
  • Lot View Type: Creek View, Pond View, Water View

Tax Info

  • Tax Identifier: 02400003
  • Tax Year: 2019

MLS Schools

  • Elementary School: Lincoln
  • High School: North Brunswick
  • Middle School: Leland
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2019
Sold by
Davis James L and Dunn Evelyn C
Bought by
North Carolina Coastal Land Trust
Current Estimated Value
$46,840

Purchase Details

Closed on
Nov 1, 1988
Bought by
Reaves Chapel Church
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
North Carolina Coastal Land Trust $30,000 None Available
Reaves Chapel Church -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $4,200,000 -57.6% --
02/09/2023 02/09/23 Pending -- -- --
07/15/2020 07/15/20 For Sale $9,900,000 -- --
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
2024 $151 $25,430 $15,730 $9,700
2023 $130 $24,930 $15,730 $9,200
2022 $130 $18,190 $13,500 $4,690
2021 $130 $18,190 $13,500 $4,690
2020 $130 $18,190 $13,500 $4,690
2019 $125 $13,500 $13,500 $0
2018 $125 $13,500 $13,500 $0
2017 $125 $13,500 $13,500 $0
2016 $125 $13,500 $13,500 $0
2015 $125 $18,250 $13,500 $4,750
2014 $107 $16,680 $11,760 $4,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100226913

Hive MLS

APN: 02300067