NOT LISTED FOR SALE

25 Wilmington St Ocean Isle Beach, NC 28469

Estimated Value: $1,455,572 - $1,617,000

0.13 Acre
$11,533,792 Price per Acre
5,700 Sq Ft Lot

Last Sold March 18, 2016

Last sale price $233,000

Est. 544% increase in value since last sale

Current estimated payment $8,458/month

1,776 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Canal View
  • Union Elementary School Rated A-
  • Boat Dock
  • No HOA

About This Lot

As of March 2016

Boat lovers can enjoy having their boat docked in the back yard when building a home on this deep water canal lot! Enjoy watching the wildlife as the peaceful island breezes blow through the marsh grass along the canal. Brand new pier, ramp and floating dock completed September 2013! Stroll to the beach, restaurants, shops, museum and mini-golf.

Last Agent to Sell the Property

Jill Bowling

Sunset Properties, Inc. License #188163 Listed on: 01/22/2011

Last Buyer's Agent

Jill Bowling

Ocean Isle Beach Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,550

Lot Details

  • 5,700 Sq Ft Lot
  • Lot Dimensions are 50x115
  • 50 Feet of Waterfront
  • Home fronts a canal
  • Level Lot
  • Cleared Lot
  • Property is zoned R1

Property Views

  • Canal Views

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 107517214976

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$1,550

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Undeveloped
  • Cobra Zone: No
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 50.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1142.00
  • Lot Dimensions: 50X115
  • Lot Number: 17
  • Lot Sq Ft: 5700.00
  • Lot Water Features: Boat Dock, Deeded Waterfront
  • Plat Book: 6
  • Plat Page: 1
  • Special Assessments: $300 yr dredging tax
  • Zoning: R1
  • Acres: 0.13
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 2000000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 17
  • Lot View Type: Canal View, Water View

Tax Info

  • Tax Identifier: 107517214976
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1120.75
  • Total Real Estate Property Taxes: 1550.16

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2011
Closed on
Mar 15, 2016
Sold by
The Richard W Jennings Foundation Inc
Bought by
Nunes Antonio C and Nunes Perla
Seller's Agent
Jill Bowling
Sunset Properties, Inc.
Buyer's Agent
Jill Bowling
Ocean Isle Beach Realty, Inc.
List Price
$349,000
Sold Price
$233,000
Premium/Discount to List
-$116,000
-33.24%
Current Estimated Value
$1,499,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,266,393
Avg. Annual Appreciation
21.67%
Original Mortgage
$498,628
Interest Rate
4.12%
Mortgage Type
Construction
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
Nunes Antonio C $233,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunes Perla B $400,500
Closed Nunes Antonio C $498,628
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $233,000 -33.2% --
12/03/2015 12/03/15 Pending -- -- --
01/22/2011 01/22/11 For Sale $349,000 -- --
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 $4,210 $1,114,120 $485,000 $629,120
2024 $4,210 $1,114,120 $485,000 $629,120
2023 $3,702 $1,114,120 $485,000 $629,120
2022 $3,702 $680,920 $280,000 $400,920
2021 $3,694 $679,200 $280,000 $399,200
2020 $3,659 $679,200 $280,000 $399,200
2019 $3,632 $287,330 $280,000 $7,330
2018 $3,205 $229,020 $225,000 $4,020
2017 $3,118 $229,020 $225,000 $4,020
2016 $1,121 $229,020 $225,000 $4,020
2015 $1,121 $229,020 $225,000 $4,020
2014 $1,357 $304,364 $300,000 $4,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20654037

Hive MLS

APN: 244PA01101