NOT LISTED FOR SALE

2209 Masons Point Place Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $938,237 - $1,022,000

0.89 Acre
$1,101,257 Price per Acre
38,768 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $595,000 $15 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,870/month

388 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Golf Course Community
  • Home fronts a creek
  • Wrightsville Beach Elementary School Rated A-
  • Fitness Center
  • Gated Community

About This Lot

As of August 2020

Build your dream home on this premier, waterfront lot in the prestigious, gated community of Landfall. Enjoy scenic views of Howe Creek offering spectacular sunsets, and an abundance of nature and wildlife from the privacy of this secluded, .89 acre lot located on a cul-de-sac street. Bring your own builder or explore construction & design opportunities with award-winning, waterfront home builder, Tongue & Groove Design + Build. You will find custom renderings showing an example of what could be built on this lot, courtesy of Tongue & Groove. Located within a ten-minute drive from the areas best shopping, dining, and beaches, this property embodies the ultimate in Wilmington living.

Last Agent to Sell the Property

Mark Batson

Landmark Sotheby's International Realty Listed on: 06/28/2019

Landmark Sotheby's International Realty

Last Buyer's Agent

Mark Batson

Landmark Sotheby's International Realty Listed on: 06/28/2019

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,095

Lot Details

  • 0.89 Acre Lot
  • Home fronts a creek
  • 60 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $269 Monthly HOA Fees

Property Views

  • Creek or Stream Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number R05108-001-016-000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,095

Lot Details

0

HOA Fees

$269 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 80
  • Water Frontage: 60.00

Utilities

  • Fuel Tank: None
  • Utilities: Community Sewer Available, Community Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Clubhouse, Fitness Center, Gated Community, Golf Course, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Mgmt Fee, Picnic Grounds, Playground, Pool, Tennis, Trails
  • HOAAssociationFee1Year: 3233.00

Lot Info

  • Deed Page: 569.00
  • Lot Sq Ft: 38768.00
  • Plat Book: 28
  • Zoning: R-20
  • Acres: 0.89
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 668539.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot View Type: Creek View, Water View

Tax Info

  • Tax Identifier: R05108-001-016-000
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 27, 2020
Sold by
Johnson Eleanor C
Bought by
Chambliss Norman Y and Chambliss Mary W
Seller's Agent
Mark Batson
Landmark Sotheby's International Realty
Buyer's Agent
Mark Batson
Landmark Sotheby's International Realty
List Price
$595,000
Sold Price
$595,000
Current Estimated Value
$980,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,119
Avg. Annual Appreciation
9.29%
Original Mortgage
$505,750
Outstanding Balance
$453,885
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$479,680

Purchase Details

Closed on
Jan 6, 2005
Sold by
Lotz Robert Wood and Lotz Lydia Bishop
Bought by
Johnson Eleanor C

Purchase Details

Closed on
Dec 15, 2000
Sold by
Howard Kenneth B Martha
Bought by
Lotz Robert W Lydia B

Purchase Details

Closed on
Jun 30, 1989
Sold by
Landfall Associates
Bought by
Howard Kenneth B

Purchase Details

Closed on
Jul 1, 1987
Bought by
Landfall Associates
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
Chambliss Norman Y $595,000 None Available
Johnson Eleanor C $350,000 None Available
Lotz Robert W Lydia B $252,500 --
Howard Kenneth B $90,000 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambliss Norman Y $505,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $595,000 0.0% $15 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $595,000 -- $15 / 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 $5,095 $585,600 $585,600 $0
2022 $4,978 $585,600 $585,600 $0
2021 $5,012 $585,600 $585,600 $0
2020 $4,450 $422,400 $422,400 $0
2019 $4,450 $422,400 $422,400 $0
2018 $3,337 $422,400 $422,400 $0
2017 $4,450 $422,400 $422,400 $0
2016 $4,116 $371,500 $371,500 $0
2015 $3,934 $371,500 $371,500 $0
2014 $3,767 $371,500 $371,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100172943

Hive MLS

APN: R05108-001-016-000