NOT LISTED FOR SALE

Estimated Value: $1,925,000 - $2,914,000

0.83 Acre
$3,107,908 Price per Acre
36,155 Sq Ft Lot

Last Sold May 19, 2017

Last sale price $560,000

Est. 361% increase in value since last sale

Current estimated payment $14,730/month

1,061 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Roland-Grise Middle School Rated A-
  • No HOA

About This Lot

As of May 2017

WATERFRONT on Hewlett's Creek with gorgeous views. Brand New private pier and floating boat dock on tidal creek that leads to the ICWW. No HOA, only 6 lots with a private shared driveway. Large lot approx 3/4 of an acre already cleared and ready for your dream home. Don't miss this opportunity to own your very own waterfront lot without HOA's or restrictions.

Last Agent to Sell the Property

Terry Milam

Berkshire Hathaway HomeServices Carolina Premier Properties License #65749 Listed on: 04/24/2014

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Cindy Southerland

Intracoastal Realty Corp License #160688

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,647

Lot Details

  • 0.83 Acre Lot
  • 50 Feet of Waterfront
  • Cleared Lot
  • Property is zoned R-20

Property Views

  • Water Views

Schools

  • Bradley Creek Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Listing and Financial Details

  • Assessor Parcel Number R06200-007-017-002

Community Details

Overview

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

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$12,647

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 30
  • Water Frontage: 50.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5519
  • Deed Page: 2661.00
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 36185.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-20
  • Acres: 0.83
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 722771.08
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: R06200-007-017-002
  • Tax Year: 2015

MLS Schools

  • Elementary School: Bradley Creek
  • High School: Hoggard
  • Middle School: Roland Grise
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2014
Closed on
May 12, 2017
Sold by
Milam Jay and Milam Teresa
Bought by
Martin David G and Martin Shona F
Seller's Agent
Terry Milam
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Cindy Southerland
Intracoastal Realty Corp
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Current Estimated Value
$2,579,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,019,564
Avg. Annual Appreciation
20.20%
Original Mortgage
$420,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Ponos John N and Ponos Lisa S
Bought by
Milam Jay and Milam Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.51%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2004
Sold by
Alford William F Pamela D
Bought by
Ponos John N Lisa S

Purchase Details

Closed on
Oct 21, 2004
Sold by
Wheeler Angela A Exec and Wheeler
Bought by
Alford William F

Purchase Details

Closed on
Mar 22, 2004
Sold by
Alford Ann L
Bought by
Wheeler Angela A

Purchase Details

Closed on
Aug 28, 1985
Sold by
Alford Bobby
Bought by
Alford Ann L

Purchase Details

Closed on
Mar 10, 1982
Sold by
Alford Woodard F
Bought by
Alford Bobby
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
Martin David G $560,000 None Available
Milam Jay $710,000 None Available
Ponos John N Lisa S $395,000 --
Alford William F -- --
Wheeler Angela A -- --
Alford Ann L -- --
Alford Bobby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin David G $420,000
Previous Owner Milam Jay $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $560,000 -6.7% --
03/20/2017 03/20/17 Pending -- -- --
04/24/2014 04/24/14 For Sale $599,900 -- --
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 $12,647 $1,453,700 $491,100 $962,600
2022 $12,356 $1,453,700 $491,100 $962,600
2021 $12,441 $1,453,700 $491,100 $962,600
2020 $6,483 $615,400 $540,000 $75,400
2019 $6,483 $615,400 $540,000 $75,400
2018 $6,481 $615,400 $540,000 $75,400
2017 $6,483 $615,400 $540,000 $75,400
2016 $4,138 $373,500 $373,500 $0
2015 $3,955 $373,500 $373,500 $0
2014 $3,787 $373,500 $373,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30505061

Hive MLS

APN: R06200-007-017-002