$1,300,000
SOLD DEC 30, 2020

2324 Scotts Hill Loop Rd Wilmington, NC 28411

0.92 Acre
$1,413,043 Price per Acre
40,075 Sq Ft Lot

Recently Sold

$918 Per Sq Ft

7% Below List Price

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 130 Feet of Waterfront
  • Boat Ramp
  • South Topsail Elementary School Rated A-
  • Boat Dock
  • Boat Lift

About This Lot

As of October 2023

Striking unobstructed panoramic views of the Intracoastal Waterway are what you will experience when you visit this prime, naturally high land. This .92 acres of waterfront land with deep water, deeded water rights, and no HOA awaits your dream home with private dock and boat lift. Prime for development at its highest and best use, Pender County RP zoning allows for the construction of one residential structure (Stick Built/Modular/Tiny Home) with an accessory dwelling, or a townhome with one accessory dwelling. The mature live oaks, outstanding panoramic views and the ocean breeze together create a serenity that can't be replicated. If you listen closely you can hear ocean waves breaking as you look out over the waterway through Nixon Channel, between Figure 8 Island, and undeveloped Lea-Hutaff Island where you may find the most beautiful water on the east coast.When you enter the unpaved driveway from Scotts Hill Loop Road you will find an enchanting, tunnel-like canopy of trees covers your entryway to the property. From this private peaceful retreat you can walk or bike to the Sailfish Restaurant at Scotts Hill Marina, Poplar Grove Plantation and hike or bike the incredible nature trails of Abby Nature Preserve. You will have the best of both worlds in this highly sought after Scotts Hill area of Wilmington in Pender County/Topsail School District!This prime location is only 2 miles from the new NHRMC North, 10 miles from Wrightsville Beach, 17 miles from the Surf City Bridge, and 27 miles from Camp Lejeune/New River Air Station! Travel to and from this location is also prime, as its located only 4 miles from 140/I40 and 6 miles from the first Wilmington/Hampstead Bypass Interchange currently under construction. The Wilmington/Hampstead Bypass is our areas largest DOT project underway and it is expected to positively impact this property. See attached documents for additional information regarding both upcoming residential and commercial are

Last Agent to Sell the Property

Kristin Freeman

BlueStar Real Estate, LLC License #282359 Listed on: 11/14/2020

Last Buyer's Agent

Laura Betz

RE/MAX Essential License #216080

RE/MAX Essential

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,372

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 141 x 431 x 130 x 308
  • Property fronts a marsh
  • 130 Feet of Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • Cleared Lot
  • Property is zoned RP

Property Views

  • Water Views

Schools

  • South Topsail Elementary School
  • Topsail Middle School
  • Topsail High School

Utilities

  • Water Rights
  • On Site Septic
  • Septic Tank
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot Tr 1B
  • Assessor Parcel Number 3280-25-0560-0000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Sailboat Water Access
  • Boat Lift
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$4,372

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: Deeded Right of Way, Maintained, Private, See Remarks, Unpaved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 141
  • Water Frontage: 130.00

Utilities

  • Fuel Tank: None
  • Utilities: County Water, Municipal Water, See Remarks, Septic On Site, Septic Permit on file, Water Connected

Association/Amenities

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

Schools

  • School District: Pender

Lot Info

  • Deed Book: -1
  • Deed Page: 2375.00
  • Lot Description: Dead End, Deeded Water Rights, Sailboat Accessible, Water Depth 4+
  • Lot Dimensions: 141 x 431 x 130 x 308
  • Lot Number: Tr 1B
  • Lot Sq Ft: 40075.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Ramp, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Marsh Front, Sailboat Accessible, Water Depth 4+
  • Plat Book: no plat
  • Plat Page: no plat
  • Zoning: RP
  • Cleared Acres: 0.92
  • Acres: 0.92
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1521739.13
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Undeveloped
  • Lot Number2: Tr 1B

Tax Info

  • Tax Identifier: 3280-25-0560-0000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 4372.33
  • Deferred Taxes: No

MLS Schools

  • Elementary School: South Topsail
  • High School: Topsail
  • Middle School: Topsail
  • School District: Pender

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Oct 2, 2023
Sold by
Lisa A Ardito Revocable Trust and David A Ardito Revocable Trust
Bought by
Morea Christopher J and Morea Diane E
Seller's Agent
Shelly Wagner
Wicker Properties of the Carolinas, Inc.
Buyer's Agent
Jim Shields
Wilkinson ERA Real Estate
List Price
$4,999,000
Sold Price
$4,527,000
Premium/Discount to List
-$472,000
-9.44%
Views
332
Current Estimated Value
$3,079,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,447,906
Avg. Annual Appreciation
-17.20%
Original Mortgage
$2,999,990
Outstanding Balance
$2,951,206
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$265,815

Purchase Details

Listed on
Nov 14, 2020
Closed on
Dec 29, 2020
Sold by
Sheppard Betty Piver
Bought by
Ardtio Lisa A and Lisa A Ardito Revocable Trust Agreement
Seller's Agent
Kristin Freeman
BlueStar Real Estate, LLC
Buyer's Agent
Laura Betz
RE/MAX Essential
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.64%
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 Type Sale Price Title Company
Warranty Deed $4,527,000 None Listed On Document
Warranty Deed $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,999,990 New Conventional
Previous Owner $72,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $4,527,000 -9.4% $1,201 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $4,999,000 +284.5% $1,326 / Sq Ft
12/30/2020 12/30/20 Sold $1,300,000 -7.1% $918 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $1,400,000 -- $989 / 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
2024 $12,145 $1,291,339 $308,681 $982,658
2023 $9,328 $1,009,049 $308,681 $700,368
2022 $2,901 $348,481 $308,681 $39,800
2021 $2,680 $308,681 $308,681 $0
2020 $4,372 $511,992 $342,979 $169,013
2019 $3,252 $377,471 $342,979 $34,492
2018 $4,524 $505,957 $446,490 $59,467
2017 $4,524 $505,957 $446,490 $59,467
2016 $4,474 $505,957 $446,490 $59,467
2015 $4,456 $505,957 $446,490 $59,467
2014 $3,473 $505,957 $446,490 $59,467
2013 -- $505,957 $446,490 $59,467
2012 -- $505,957 $446,490 $59,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100245608

Hive MLS

APN: 3280-25-0560-0000