NOT LISTED FOR SALE

209 Point Wilmington, NC 28411

Estimated Value: $688,000 - $860,000

0.64 Acre
$1,189,892 Price per Acre
27,878 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $135,000

Est. 464% increase in value since last sale

Current estimated payment $4,745/month

157 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Cul-De-Sac
  • Ogden Elementary School Rated A
  • Tennis Courts
  • Level Lot

About This Lot

As of May 2021

Isn't it time to love where you live? Great builder ready home site located on a quiet cul-de-sac in the very sought after neighborhood of Marsh Oaks! Gorgeous community with award winning amenities that include clubhouse, pool, tennis courts, playground and common areas. Low HOA dues and located in a desirable school district! Our team of approved builders will help you design a home to fit all your needs. Call listing agent to receive full packet and for the best selection.

Last Agent to Sell the Property

Alexander Koonce

Intracoastal Realty Corp License #151540 Listed on: 10/30/2020

Intracoastal Realty Corp

Last Buyer's Agent

Ladd Gasparovic

Keller Williams Innovate-Wilmington License #275983

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $599

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 16x36x83x203x110x274
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R15

Schools

  • Ogden Elementary School
  • Holly Shelter Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 644
  • Assessor Parcel Number R03600-005-375-000

Community Details

Overview

  • Property has a Home Owners Association
  • Marsh Oaks Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$599

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 681
  • Deed Page: 109.00
  • Delayed Marketing: No
  • Directions To Property: Take Market St, Hwy 17 N. Entrance to Marsh Oaks is 1 mile past Bayshore on the right. Turn onto Marsh Oaks Drive, take a right on the 5th road on your right, Bonaventure Drive. Take Bonaventure to intersection with Bayshore Drive and turn left on Bayshore. Take a left onto Point Drive, lot is on your left
  • Document Count: 4
  • Elementary School: Ogden
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Laney
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Mgmt Fee, Pool, Tax Comm Areas, Tennis
  • Listing I D: 100243971
  • Location Type: Mainland
  • Lot Description: Cul-de-Sac Lot, Partially Cleared, Subdivision
  • Lot Dimensions: 16x36x83x203x110x274
  • Lot Number: 644
  • Lot Sq Ft: 28011.00
  • Lot Water Features: None
  • Marketing City: Wilmington
  • Middle School: Holly Shelter
  • M L S Approved: Y
  • Office Exclusive: No
  • Post Closing Seller Concession Amount: 5000.00
  • Post Closing Seller Concessions: Yes
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: New Hanover
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Sign On Property: No
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Marsh Oaks
  • Tax Identifier: R03600-005-375-000
  • Tax Year: 2019
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 599.00
  • Total Real Estate Property Taxes: 599.00
  • Waterview: No
  • Zoning: R15
  • Acres: 0.64
  • Buildigson Property: None
  • Current Use: Residential
  • Deed Restriction: Yes
  • Deferred Taxes: No
  • Environmental Hazard: No
  • List Priceper Acre: 195312.50
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 644
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
May 14, 2021
Sold by
Bayshore Estates Inc
Bought by
Merrill Joseph W and Merrill Amber J
Seller's Agent
Alexander Koonce
Intracoastal Realty Corp
Buyer's Agent
Ladd Gasparovic
Keller Williams Innovate-Wilmington
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%
Current Estimated Value
$761,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,531
Avg. Annual Appreciation
44.73%
Original Mortgage
$101,250
Outstanding Balance
$14,392
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$747,139
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merrill Joseph W $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Joseph W $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $135,000 +8.0% --
04/05/2021 04/05/21 Pending -- -- --
10/30/2020 10/30/20 For Sale $125,000 -- --
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
2025 -- $575,900 $161,300 $414,600
2023 $0 $107,600 $107,600 $0
2022 $0 $107,600 $107,600 $0
2021 $599 $107,600 $107,600 $0
2020 $599 $94,700 $94,700 $0
2019 $599 $94,700 $94,700 $0
2018 $599 $94,700 $94,700 $0
2017 $613 $94,700 $94,700 $0
2016 $656 $94,700 $94,700 $0
2015 $610 $94,700 $94,700 $0
2014 $599 $94,700 $94,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100243971

Hive MLS

APN: R03600-005-375-000