NOT LISTED FOR SALE

Estimated Value: $1,316,000 - $1,954,359

0.68 Acre
$2,227,706 Price per Acre
29,621 Sq Ft Lot

Last Sold February 09, 2018

Last sale price $173,500

Est. 773% increase in value since last sale

Current estimated payment $8,881/month

109 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of February 2018

Gorgeous wooded 0.68 acre lot adjacent to the desirable midtown Oleander Estates neighborhood. Centrally located with no HOA, this lot is only a short driving distance to shopping, restaurants, Cape Fear Country Club and New Hanover Regional Medical Center. Not many lots are left in this neighborhood, so this is a rare opportunity!See attached document for restrictive covenants. Lot has not yet been assessed for tax value.

Last Agent to Sell the Property

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 09/11/2017

Intracoastal Realty Corp

Last Buyer's Agent

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 09/11/2017

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,956

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 302x227x197
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R-15

Schools

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

Community Details

  • No Home Owners Association
  • Oleander Estates Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number R0616-005-002-000

Property Details

Property Type

Land

Est. Annual Taxes

$10,956

Lot Details

0

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: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 5905
  • Deed Page: 1237.00
  • Lot Dimensions: 302x227x197
  • Lot Sq Ft: 29621.00
  • Lot Water Features: None
  • Zoning: R-15
  • Acres: 0.68
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 294117.65
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Rolling, Wooded

Tax Info

  • Tax Identifier: R0616-005-002-000
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2020
Sold by
Sullivan Scott C and Cameron Bruce B
Bought by
Dealmeida Fernando Ferreira and Dealmeida Pollyana Assis
Current Estimated Value
$1,514,840

Purchase Details

Listed on
Sep 11, 2017
Closed on
Feb 9, 2018
Sold by
Sullivan Scott C and Cameron Bruce B
Bought by
Dealmeida Fernando Ferreira and Dealmeida Pollyana Assis
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Lee Crouch
Intracoastal Realty Corp
List Price
$200,000
Sold Price
$173,500
Premium/Discount to List
-$26,500
-13.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.40%
Original Mortgage
$130,125
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Dealmeida Fernando Ferreira -- None Available
Dealmeida Fernando Ferreira $173,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dealmeida Fernando Ferreira $130,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $173,500 -13.3% --
12/29/2017 12/29/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $200,000 -- --
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
2025 $10,956 $1,861,600 $346,500 $1,515,100
2023 $7,500 $1,251,600 $236,400 $1,015,200
2022 $7,500 $882,400 $236,400 $646,000
2021 $2,023 $236,400 $236,400 $0
2020 $1,668 $158,300 $158,300 $0
2019 $1,668 $158,300 $158,300 $0
2018 $0 $158,300 $158,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100081646

Hive MLS

APN: R06016-005-002-000