NOT LISTED FOR SALE

Estimated Value: $185,000 - $371,000

0.11 Acre
$2,553,382 Price per Acre
4,950 Sq Ft Lot

Last Sold September 23, 2021

Last sale price $57,500 $58 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $1,603/month

2 Days on Market

About This Lot

As of September 2021

Great Downtown Wilmington .11acre lot, mostly cleared -zoned R-5 - conveniently close to Historic Downtown Wilmington, Schools, restaurants, hospital, ILM airport ect. Bring your investors and Builders

Last Agent to Sell the Property

Ulrike Johnson

eXp Realty License #253117 Listed on: 08/31/2021

eXp Realty

Co-Listed By

Coleen Johnson

eXp Realty License #156041

Last Buyer's Agent

Andrea Arth

Arth Real Estate Group LLC License #273169

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $398

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 33x150
  • Cleared Lot
  • Property is zoned r-5

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05406-012-019-000

Property Details

Property Type

Land

Est. Annual Taxes

$398

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 33

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Book: 6180
  • Deed Page: 2858.00
  • Lot Dimensions: 33x150
  • Lot Sq Ft: 4950.00
  • Plat Book: 000
  • Plat Page: 000
  • Special Assessments: none known
  • Zoning: r-5
  • Acres: 0.11
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 522727.27
  • Soil Evaluation Other: municipal
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R05406-012-019-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 397.95

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Terra 9 Llc
Bought by
Cape Fear Collective Impact Opportunity 2 Llc
Current Estimated Value
$280,872

Purchase Details

Closed on
Jan 28, 2022
Sold by
Terra 11 Llc
Bought by
Cape Fear Collective Impact Opportunity 2 Llc

Purchase Details

Closed on
Jul 27, 2020
Sold by
Tj Real Estate Holdings Llc
Bought by
Terra 11 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2018
Sold by
Olson Portfolio 2B Llc
Bought by
Tj Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,255,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2016
Sold by
Ritz Development Iii Llc
Bought by
Olson Portfolio 2 Llc

Purchase Details

Closed on
Mar 7, 2011
Sold by
Golini Dominic and Golini Tammy C
Bought by
Ritz Development Iii Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cape Fear Collective Impact Opportunity 2 Llc -- Harris S Hunt
Cape Fear Collective Impact Opportunity 2 Llc $473,500 None Listed On Document
Terra 11 Llc $479,000 None Available
Tj Real Estate Holdings Llc $6,000,000 None Available
Olson Portfolio 2 Llc $787,000 None Available
Ritz Development Iii Llc $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terra 11 Llc $383,200
Previous Owner Tj Real Estate Holdings Llc $5,255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $57,500 0.0% $58 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $57,500 +98.3% $58 / Sq Ft
11/26/2018 11/26/18 Sold $29,000 0.0% $29 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $29,000 -- $29 / 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
2023 $1,362 $156,600 $46,500 $110,100
2022 $1,331 $156,600 $46,500 $110,100
2021 $1,340 $156,600 $46,500 $110,100
2020 $822 $78,000 $33,200 $44,800
2019 $822 $78,000 $33,200 $44,800
2018 $0 $78,000 $33,200 $44,800
2017 $822 $78,000 $33,200 $44,800
2016 $639 $57,700 $31,200 $26,500
2015 $611 $57,700 $31,200 $26,500
2014 $585 $57,700 $31,200 $26,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100288718

Hive MLS

APN: R05406-012-020-000