NOT LISTED FOR SALE

Estimated Value: $1,296,102 - $1,594,000

0.35 Acre
$4,177,931 Price per Acre
15,246 Sq Ft Lot

Last Sold December 12, 2017

Last sale price $220,000

Est. 557% increase in value since last sale

Current estimated payment $8,455/month

181 Days on Market

Highlights

  • Gated Community
  • Community Basketball Court
  • Level Lot
  • Wrightsville Beach Elementary School Rated A-
  • Trails
  • Maintained Community

About This Lot

As of December 2017

Build your Custom Dream Home on this lot located in the heart of Landfall. Backing up to a Conservation Area this lot offers total privacy. Homesite is surrounded by lovely homes in an established area and is just a short walk to Landfall Lake.

Last Agent to Sell the Property

Jim Coley

Landfall Realty, LLC License #181991 Listed on: 04/17/2017

Last Buyer's Agent

Kristin Freeman

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,945

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90x164x92x170
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned Wilmington

HOA Fees

  • $224 Monthly HOA Fees

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 315820.90.7546.000

Community Details

Overview

  • Master Insurance
  • Landfall HOA, Phone Number (910) 256-7651
  • Landfall Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Basketball Court
  • Community Playground
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,945

Lot Details

0

HOA Fees

$224 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 90

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Gated Community, Maint - Comm Areas, Maint - Roads, Master Insure, Mgmt Fee, Playground, Sidewalk, Street Lights, Trails
  • Annual HOA: 2687.00
  • HOA Company: Landfall HOA
  • HOA Phone: 910.256.7651

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 2855
  • Deed Page: 337.00
  • Lot Description: Subdivision
  • Lot Dimensions: 90X164X92X170
  • Lot Number: 5
  • Lot Sq Ft: 15115.00
  • Lot Water Features: None
  • Plat Book: 38
  • Plat Page: 253
  • Zoning: Wilmington
  • Acres: 0.35
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 642857.14
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level, Undeveloped
  • Lot Number2: 5

Tax Info

  • Tax Identifier: 315820.90.7546.000
  • Tax Year: 2017
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Subramanyam Dilip and Subramanyam Janaki
Bought by
Subramanyam Dilip K and Dilip K Subramanyam Living Tru
Current Estimated Value
$1,446,029

Purchase Details

Listed on
Apr 17, 2017
Closed on
Nov 30, 2017
Sold by
Townshend Curtis S and Townshend Anne
Bought by
Subramanyam Dilip and Subramanyam Janaki
Seller's Agent
Jim Coley
Landfall Realty, LLC
Buyer's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%
Original Mortgage
$165,000
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 21, 2000
Sold by
Landfall Associates
Bought by
Townshend Curtis S Jr Anne

Purchase Details

Closed on
Jul 1, 1987
Sold by
Landfall Associates
Bought by
Landfall Associates

Purchase Details

Closed on
Dec 1, 1986
Sold by
Akers Anthony B Jane Pope
Bought by
Landfall Associates
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
Subramanyam Dilip K -- None Available
Subramanyam Dilip $220,000 None Available
Townshend Curtis S Jr Anne $133,000 --
Landfall Associates -- --
Landfall Associates $4,246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subramanyam Dilip K $499,300
Closed Subramanyam Janaki M $350,000
Open Subramanyam Dilip K $976,000
Closed Subramanyam Dilip $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $220,000 -2.2% --
10/15/2017 10/15/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $225,000 -- --
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 $2,945 $677,100 $190,300 $486,800
2022 $0 $677,100 $190,300 $486,800
2021 $7,429 $677,100 $190,300 $486,800
2020 $7,429 $705,200 $178,900 $526,300
2019 $1,885 $178,900 $178,900 $0
2018 $0 $178,900 $178,900 $0
2017 $1,885 $178,900 $178,900 $0
2016 $1,416 $127,800 $127,800 $0
2015 $1,353 $127,800 $127,800 $0
2014 $1,296 $127,800 $127,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100058393

Hive MLS

APN: R05114-009-130-000