NOT LISTED FOR SALE

221 Gazebo Ct Wilmington, NC 28409

Intracoastal Waterway Neighborhood

Estimated Value: $1,220,000 - $1,457,698

0.28 Acre
$4,865,804 Price per Acre
12,197 Sq Ft Lot

Last Sold December 20, 2019

Last sale price $335,000

Est. 307% increase in value since last sale

Current estimated payment $8,101/month

273 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 95 Feet of Waterfront
  • Boat Dock
  • Edwin A. Anderson Elementary School Rated A-
  • Marina
  • Boat Lift

About This Lot

As of December 2019

Waterfront on deep water canal leading to the ICW, Myrtle Grove Sound, CB Inlet. 4 lots back from ICW on canal protected from wake on ICW, great views from the dock and deck. Possible ocean view from deck of future home. Dock with water/power and 9,000 # lift plus another 35' for boat slip. New bulkhead in '14. Exceptional location, rare to find a deep water lot with boat docked just steps from your back door, ready when you are to enjoy a day of boating or fishing, not restricted by tides. Nothing comparable at this price in NH County. Upscale, gated waterfront community. Lot is ready for home that captures awesome views of ICW and ocean. Build new and get just what is important to you. Take advantage of this opportunity to enhance your lifestyle. No better time to start than now.

Last Listed By

Kathy Werle

Intracoastal Realty Corp License #168427 Listed on: 02/26/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,117

Year Built

  • 2020

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 95'x 122'
  • 95 Feet of Waterfront
  • Home fronts a canal
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R-15

HOA Fees

  • $132 Monthly HOA Fees

Property Views

  • Intracoastal Views

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Water Rights
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number R08511-004-010-000

Community Details

Overview

  • Inlet Point Harbor Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Marina
  • Deeded Waterfront Access Rights
  • Sailboat Water Access
  • Bulkhead
  • Boat Lift
  • Boat Slip

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,117

Year Built

2020

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 95
  • Water Frontage: 95.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Community Sewer, Community Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Maint - Comm Areas, Maint - Roads, Marina, Mgmt Fee, Street Lights, Tax Comm Areas, Trash Removal
  • HOAAssociationFee1Year: 1584.00

Lot Info

  • Deed Page: 1102.00
  • Lot Description: Cul-de-Sac Lot, Deeded Water Rights, Sailboat Accessible, Water Depth 4+
  • Lot Dimensions: 95'x 122'
  • Lot Sq Ft: 12197.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip, Bulkhead, Deeded Water Rights, Sailboat Accessible, Water Depth 4+, Waterfront Comm
  • Zoning: R-15
  • Acres: 0.28
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 1410714.29
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level
  • Lot View Type: ICW View

Tax Info

  • Tax Identifier: R08511-004-010-000
  • Tax Year: 2018

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Dec 16, 2019
Sold by
Fontana Steven A
Bought by
Pate Warren L and Pate Ann H
Seller's Agent
Kathy Werle
Intracoastal Realty Corp
Buyer's Agent
Samuel Pate
Cape Fear Real Estate Group
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%
Total Days on Market
273
Current Estimated Value
$1,362,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027,425
Avg. Annual Appreciation
29.48%

Purchase Details

Closed on
Dec 19, 2006
Sold by
Fontana Steven A and Duclos Julie L
Bought by
Fontana Steven A and Duclos Julie L

Purchase Details

Closed on
Apr 24, 2003
Sold by
Todd Earl Franklin Jennifer C
Bought by
Fontana Steven A

Purchase Details

Closed on
Jul 28, 1993
Sold by
Bennett Charles A
Bought by
Todd Earl Franklin Jennifer C

Purchase Details

Closed on
Nov 28, 1990
Sold by
Buffkin W S
Bought by
Bennett Charles

Purchase Details

Closed on
Nov 15, 1990
Sold by
Greer David M Tammy P
Bought by
Buffkin W S

Purchase Details

Closed on
Jun 14, 1988
Sold by
Inlet Point Incorp
Bought by
Buffkin W S

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
Pate Warren L $335,000 None Available
Fontana Steven A -- None Available
Fontana Steven A $249,000 --
Todd Earl Franklin Jennifer C $85,000 --
Bennett Charles $125,000 --
Buffkin W S -- --
Buffkin W S $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pate Warren L $200,000
Closed Pate Warren L $305,903
Previous Owner Fontana Steven A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $335,000 -15.2% --
11/25/2019 11/25/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $395,000 -- --
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 $4,117 $773,800 $340,700 $433,100
2022 $4,150 $773,800 $340,700 $433,100
2021 $4,237 $773,800 $340,700 $433,100
2020 $1,881 $297,400 $244,400 $53,000
2019 $1,881 $297,400 $244,400 $53,000
2018 $1,881 $297,400 $244,400 $53,000
2017 $1,926 $297,400 $244,400 $53,000
2016 $2,019 $291,400 $264,500 $26,900
2015 $1,877 $291,400 $264,500 $26,900
2014 $1,845 $291,400 $264,500 $26,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathy Werle

    Intracoastal Realty Corp

  • S

    Buyer's Agent in 2019

    Samuel Pate

    Cape Fear Real Estate Group

    (910) 229-1711

    3 Total Sales

    Samuel Pate
    Section Image

  • S

    Buyer's Agent in 2019

    Sam Pate

    The Overton Group, LLC

See All Agents

Map

Source: Hive MLS

MLS Number: 100152105

Hive MLS

APN: R08511-004-010-000

North Carolina New Hanover County Wilmington 28409 Intracoastal Waterway

221 Gazebo Ct, Wilmington, NC

Homes for Sale in Wilmington, NC

This home is located at 221 Gazebo Ct, Wilmington, NC 28409 since 26 February 2019 and is currently estimated at $1,362,425. This property was built in 2020. 221 Gazebo Ct is a home located in New Hanover County with nearby schools including Edwin A. Anderson Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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