NOT LISTED FOR SALE

Estimated Value: $350,084 - $394,000

0.21 Acre
$1,760,814 Price per Acre
9,322 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $130,000

Est. 184% increase in value since last sale

Current estimated payment $2,100/month

1 Day on Market

About This Lot

As of June 2023

Vacant lot located close to Market Street consisting of approximately 9,322 SF (.214 Acres) is a prime location for development. Based on City of Wilmington Land Use Plan the lot can accommodate a duplex structure.

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 06/05/2023

Intracoastal Realty Corp

Co-Listed By

Sky Grainger

Intracoastal Realty Corp License #327151

Last Buyer's Agent

Brian Baucom

Anchored Real Estate, LLC License #268672

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 9,322 Sq Ft Lot
  • Lot Dimensions are 100 x 93
  • Cleared Lot
  • Property is zoned R-5

Location

  • Urban Location

Schools

  • Freeman Elementary School
  • Williston Middle School
  • New Hanover High School

Community Details

  • Ridgecrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04913-015-005-000

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: 2-4 Units Multi-Family
  • Cobra Zone: No
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: See Remarks
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 100

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: See Remarks

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 496.00
  • Lot Description: Urban
  • Lot Dimensions: 100 x 93
  • Lot Sq Ft: 9322.00
  • Lot Water Features: None
  • Zoning: R-5
  • Acres: 0.21
  • Current Use: Multi-Family, Residential, Single Family
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 713809.52
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: R04913-015-005-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 249.90
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Freeman
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jun 13, 2023
Sold by
Atlantic Facilities Llc
Bought by
Our House Your Home Llc
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Brian Baucom
Anchored Real Estate, LLC
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
2
Current Estimated Value
$369,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,771
Avg. Annual Appreciation
64.15%

Purchase Details

Listed on
Feb 10, 2017
Closed on
Apr 10, 2017
Sold by
Fox Charlotte Noel
Bought by
Metro Properties Of Wilm Llc
Seller's Agent
Todd Toconis
Town & Country Real Estate
Buyer's Agent
Todd Toconis
Town & Country Real Estate
List Price
$16,000
Sold Price
$13,000
Premium/Discount to List
-$3,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.97%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Justice Sandra B
Bought by
Sweat Michael Newton

Purchase Details

Closed on
May 22, 1996
Sold by
Roberts Neill A Shirley B
Bought by
Justice Sandra B

Purchase Details

Closed on
Dec 1, 1986
Sold by
Roberts Neill A Shirley B
Bought by
Roberts Neill A Shirley B

Purchase Details

Closed on
Feb 1, 1981
Sold by
Hobbs Jr J Dewey
Bought by
Frink J Bryan Joyce W

Purchase Details

Closed on
Mar 1, 1974
Bought by
Hobbs J Dewey
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
Our House Your Home Llc $130,000 None Listed On Document
Metro Properties Of Wilm Llc -- None Listed On Document
Metro Properties Of Wilm Llc $13,000 None Available
Sweat Michael Newton $15,000 --
Justice Sandra B $10,000 --
Roberts Neill A Shirley B $65,500 --
Frink J Bryan Joyce W -- --
Hobbs J Dewey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Our House Your Home Llc $252,000
Closed Our House Your Home Llc $245,000
Closed Our House Your Home Llc $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $130,000 -13.3% --
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $149,900 +1053.1% --
04/12/2017 04/12/17 Sold $13,000 -18.8% --
03/09/2017 03/09/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $16,000 -- --
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 $1,676 $192,700 $29,400 $163,300
2023 $0 $29,400 $29,400 $0
2022 $250 $29,400 $29,400 $0
2021 $252 $29,400 $29,400 $0
2020 $281 $26,700 $26,700 $0
2019 $281 $26,700 $26,700 $0
2018 $281 $26,700 $26,700 $0
2017 $281 $26,700 $26,700 $0
2016 $432 $39,000 $39,000 $0
2015 $413 $39,000 $39,000 $0
2014 $395 $39,000 $39,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100388002

Hive MLS

APN: R04913-015-005-000