$175,000
SOLD JUN 27, 2014

2500 Middle Sound Loop Rd Wilmington, NC 28411

1.8 Acres
$97,222 Price per Acre
78,408 Sq Ft Lot

Recently Sold

75% Above List Price

567 Days on Market

Highlights

  • 1.8 Acre Lot
  • Wetlands on Lot
  • Marsh on Lot
  • Ogden Elementary School Rated A-
  • No HOA

About This Lot

As of January 2024

Gorgeous acreage to build your custom home or estate with plenty of room to grow. Almost 2 acres of beautiful cleared property in Middle Sound with a natural creek and many mature hardwoods including oak, maple and magnolia. Perfect location across from Masons Bluff to take advantage of the cool ocean breeze while enjoying the abundant wildlife in the area. Property must be sold with 2504 & 2508 Middle Sound Loop Rd (lots 1,2, & 3. Purchase all three lots for $200,000! Great value in Middle Sound!

Last Agent to Sell the Property

Scott Shapiro

RE/MAX Essential Listed on: 11/30/2012

Last Buyer's Agent

Eddie Keith

Intracoastal Realty Corp License #144129

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,287

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 251x406x234x266
  • Marsh on Lot
  • Property is zoned R-20

Schools

  • Ogden Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 316811.65.6189.000

Community Details

Overview

  • No Home Owners Association
  • Queens Point Subdivision

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,287

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)

Utilities

  • Service Providers Electric Provider: Duke Energy

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4312
  • Deed Page: 866.00
  • Lot Description: Wetlands
  • Lot Dimensions: 251x406x234x266
  • Lot Number: 1
  • Lot Sq Ft: 78408.00
  • Zoning: R-20
  • Acres: 1.80
  • Flood Zone: No
  • List Price per Acre: 111111.11
  • Topography: Marsh/Wetland
  • Lot Number2: 1

Tax Info

  • Tax Identifier: 316811.65.6189.000

MLS Schools

  • Elementary School: Ogden
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Arne Janet L and Arne Bruce Cabot
Bought by
Bruce And Janet Arne Living Trust and Arn
Current Estimated Value
$1,020,759

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jan 9, 2024
Sold by
Velasco Pedro Miguel
Bought by
Cabot Arne Bce and Cabot Angela Linnane
Seller's Agent
Marcello Caliva
Intracoastal Realty Corp
Buyer's Agent
Vicki Stowe
Keller Williams Innovate-Wilmington
List Price
$990,000
Sold Price
$950,000
Premium/Discount to List
-$40,000
-4.04%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$760,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2016
Sold by
Brittco Developing Company Llc
Bought by
Velasco Pedro Miguel

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jun 12, 2014
Sold by
Richardson Park Bruce C and Richardson Park Kathleen
Bought by
Brittco Developing Company Llc
Seller's Agent
Scott Shapiro
RE/MAX Essential
Buyer's Agent
Eddie Keith
Intracoastal Realty Corp
List Price
$100,000
Sold Price
$175,000
Premium/Discount to List
$75,000
75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
May 7, 2004
Sold by
Johnson Joseph H Iii Karen L
Bought by
Park Bruce C Kathleen R

Purchase Details

Closed on
May 20, 2003
Sold by
Bb and Executor T
Bought by
Johnson Joseph H Iii Karen L
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $950,000 None Listed On Document
Warranty Deed $60,000 None Available
Warranty Deed $58,000 None Available
Deed $72,000 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $760,000 New Conventional
Previous Owner $304,800 New Conventional
Previous Owner $325,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $950,000 -4.0% $297 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $990,000 +465.7% $309 / Sq Ft
06/27/2014 06/27/14 Sold $175,000 +75.0% --
06/20/2014 06/20/14 Pending -- -- --
11/30/2012 11/30/12 For Sale $100,000 -- --
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
2024 $3,287 $615,000 $113,500 $501,500
2023 $3,281 $615,000 $113,500 $501,500
2022 $3,312 $615,000 $113,500 $501,500
2021 $3,379 $615,000 $113,500 $501,500
2020 $944 $149,300 $55,500 $93,800
2019 $351 $55,500 $55,500 $0
2018 $351 $55,500 $55,500 $0
2017 $359 $55,500 $55,500 $0
2016 $480 $69,300 $69,300 $0
2015 $446 $69,300 $69,300 $0
2014 $439 $69,300 $69,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30484210

Hive MLS

APN: R05200-001-013-000