NOT LISTED FOR SALE

Estimated Value: $151,478 - $281,000

0.78 Acre
$277,229 Price per Acre
33,977 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $112,500

Est. 92% increase in value since last sale

Current estimated payment $1,225/month

73 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 0.78 Acre Lot
  • No HOA
  • 168 Feet of Waterfront
  • Wetlands on Lot
  • Property fronts a marsh

About This Lot

As of June 2021

Welcome to Echo Farms! Offering a very rare opportunity for a wonderful marsh front homesite in central Wilmington.This private and conveniently located waterfront lot offers the location benefit of being nearby everything Wilmington has to offer, AND the privacy and low country sea breeze and salt air that only comes with marsh front living.This 0.78 ac lot is located in a cul-de-sac backing onto Barnard's Creek with tidal access to the Cape Fear River. You have room to stretch your legs, garden and/or launch your kayak or shallow boat from your back yard to experience nature up close. There is even a deep fishing hole off the back corner, where you are sure to catch crab, drum and other seasonal fare. The wooded portion and landscaped front perimeter of the lot have beautiful mature trees, so pick the ones that you would like to keep whenever you decide to build. This lot has traditionally been owned by a neighbor, so the front yard is already landscaped and plumbed with landscape irrigation. If you build high, you can double your views of the lush creek's seasonal colors and wildlife, including eagles, hawks, blue birds, heron, egret and ducks. Bring your own custom builder or we can recommend a few good builders for you. Close-by are several grocery stores, a movie theater, Cameron Art Museum, business and shopping areas, local marinas, county parks, and a variety of restaurants. A bit further gets you downtown, to the hospitals, and to several area beaches.

Last Agent to Sell the Property

Christian Cardamone

Keller Williams Innovate-Wilmington Listed on: 03/26/2021

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Kathy Webb

The Property Shop International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $953

Lot Details

  • 0.78 Acre Lot
  • Property fronts a marsh
  • 168 Feet of Waterfront
  • Level Lot
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R-15

Property Views

  • Water Views

Schools

  • Williams Elementary School
  • Myrtle Grove Middle School
  • New Hanover High School

Listing and Financial Details

  • Assessor Parcel Number R07011001008000

Community Details

Overview

  • No Home Owners Association
  • Echo Farms Subdivision

Recreation

  • Deeded Waterfront Access Rights
  • Access to marsh
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$953

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Creek
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 75
  • Water Frontage: 168.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Taxes

Lot Info

  • Deed Page: 2609.00
  • Lot Description: Cul-De-Sac, Wetlands, Subdivision, See Remarks
  • Lot Sq Ft: 33977.00
  • Lot Water Features: Deeded Waterfront, Salt Marsh
  • Plat Book: 6167
  • Plat Page: 2609
  • Zoning: R-15
  • Acres: 0.78
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 160256.41
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Watershed, Marsh/Wetland, Level
  • Lot View Type: Creek/Stream, Water, Marsh View

Tax Info

  • Tax Identifier: R07011001008000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 953.33

MLS Schools

  • Elementary School: Williams
  • High School: New Hanover
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 21, 2021
Sold by
Mays Douglas E and Mccabe Ariel
Bought by
Zukerman David and Zukerman Jeananne
Seller's Agent
Christian Cardamone
Keller Williams Innovate-Wilmington
Buyer's Agent
Kathy Webb
The Property Shop International Realty
List Price
$150,000
Sold Price
$112,500
Premium/Discount to List
-$37,500
-25%
Current Estimated Value
$216,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,739
Avg. Annual Appreciation
15.40%

Purchase Details

Closed on
Aug 9, 2018
Sold by
Mays Douglas E and Mccabe Ariel
Bought by
Mays Douglas E and Mccabe Ariel

Purchase Details

Closed on
May 12, 2015
Sold by
Romanelli William Janette Rev Tr
Bought by
Mccabe Mays Douglas Ariel

Purchase Details

Closed on
Jan 11, 2009
Sold by
Romanelli William J and Romanelli Janette K
Bought by
Romanelli William J and Romanelli Janette K

Purchase Details

Closed on
May 9, 2007
Sold by
Price Eleanor M
Bought by
Romanelli William J and Romanelli Janette K

Purchase Details

Closed on
Jul 23, 1998
Sold by
Price Donald E Eleanor M
Bought by
Price Eleanor M

Purchase Details

Closed on
May 8, 1995
Sold by
Oconnell Daniel G
Bought by
Price Donald E Eleanor M

Purchase Details

Closed on
Jan 1, 1988
Sold by
Plaza Associates Inc Etal
Bought by
Oconnell Daniel G

Purchase Details

Closed on
Apr 1, 1985
Sold by
Plaza Associates Inc Etal
Bought by
Plaza Associates Inc Etal

Purchase Details

Closed on
Nov 1, 1984
Sold by
Wilm Homes Inc
Bought by
Suggs & Harrelson Inc

Purchase Details

Closed on
Oct 1, 1976
Bought by
Wilm Homes Inc
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
Zukerman David $112,500 None Available
Mays Douglas E -- None Available
Mccabe Mays Douglas Ariel $80,000 --
Romanelli William J -- None Available
Romanelli William J $385,000 None Available
Price Eleanor M -- --
Price Donald E Eleanor M $28,500 --
Oconnell Daniel G $15,000 --
Plaza Associates Inc Etal -- --
Plaza Associates Inc Etal $340,000 --
Suggs & Harrelson Inc $1,000,000 --
Wilm Homes Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $112,500 -10.0% --
06/07/2021 06/07/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $125,000 -16.7% --
03/26/2021 03/26/21 For Sale $150,000 -- --
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 $872 $100,200 $100,200 $0
2022 $852 $100,200 $100,200 $0
2021 $858 $100,200 $100,200 $0
2020 $953 $90,500 $90,500 $0
2019 $953 $90,500 $90,500 $0
2018 $953 $90,500 $90,500 $0
2017 $691 $90,500 $90,500 $0
2016 $922 $83,200 $83,200 $0
2015 $881 $83,200 $83,200 $0
2014 $844 $83,200 $83,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100263262

Hive MLS

APN: R07011-001-008-000