NOT LISTED FOR SALE

2618 Middle Sound Loop Rd Wilmington, NC 28411

Estimated Value: $933,000 - $1,067,000

0.67 Acre
$1,485,142 Price per Acre
29,185 Sq Ft Lot

Last Sold August 20, 2015

Last sale price $53,000

Est. 1,777% increase in value since last sale

Current estimated payment $5,518/month

315 Days on Market

About This Lot

As of August 2015

Nice buildable lot in the Middle Sound Loop area. Property sits at the end of a private road about 300 yards off Middle Sound Loop Road. This is the perfect homesite for someone wanting a little privacy in one of the more desireable areas of Wilmington.

Last Agent to Sell the Property

John Jaskey

Laney Real Estate Co. Listed on: 08/11/2014

Co-Listed By

Karen Allison

Laney Real Estate Co.

Last Buyer's Agent

Nicole Valentine

Intracoastal Realty Corp License #267576

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,723

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 170x146x200x149
  • Property fronts a private road
  • Property is zoned R-20S

Schools

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

Utilities

  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3168-65-2539.000

Property Details

Property Type

Land

Est. Annual Taxes

$3,723

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Private

Utilities

  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Existing Well
  • Utilities: Well Water

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 2362
  • Deed Page: 612.00
  • Lot Dimensions: 170x146x200x149
  • Lot Sq Ft: 29185.00
  • Zoning: R-20S
  • Acres: 0.67
  • Flood Zone: No
  • List Price per Acre: 97014.93

Tax Info

  • Tax Identifier: 3168-65-2539.000

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

Listed on
Aug 11, 2014
Closed on
Aug 17, 2015
Sold by
Clemmons Kerry D and Beatrice B Clemmons Revocable
Bought by
Stone Joseph Christopher and Stone Kimberly Variot
Seller's Agent
John Jaskey
Laney Real Estate Co.
Buyer's Agent
Nicole Valentine
Intracoastal Realty Corp
List Price
$79,000
Sold Price
$53,000
Premium/Discount to List
-$26,000
-32.91%
Current Estimated Value
$995,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,045
Avg. Annual Appreciation
33.31%
Original Mortgage
$39,750
Outstanding Balance
$31,327
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$963,718

Purchase Details

Closed on
Oct 27, 2014
Sold by
Clemmons Beatrice B and Clemmons Kerry D
Bought by
Clemmons Kerry D and The Beatrice B Clemmons Revoca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 1975
Bought by
Clemmons Mark C
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
Stone Joseph Christopher $53,000 None Available
Clemmons Kerry D -- None Available
Clemmons Mark C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Joseph Christopher $39,750
Previous Owner Clemmons Kerry D $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2015 08/20/15 Sold $53,000 -32.9% --
06/22/2015 06/22/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $79,000 -- --
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 $3,723 $964,100 $362,900 $601,200
2023 $3,365 $630,000 $137,900 $492,100
2022 $3,391 $630,000 $137,900 $492,100
2021 $3,461 $630,000 $137,900 $492,100
2020 $2,295 $362,900 $59,000 $303,900
2019 $2,295 $362,900 $59,000 $303,900
2018 $0 $362,900 $59,000 $303,900
2017 $382 $59,000 $59,000 $0
2016 $511 $73,700 $73,700 $0
2015 $475 $73,700 $73,700 $0
2014 $467 $73,700 $73,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Jaskey

    Laney Real Estate Co.

  • K

    Seller Co-Listing Agent in 2015

    Karen Allison

    Laney Real Estate Co.

  • Nicole Valentine

    Buyer's Agent in 2015

    Nicole Valentine

    Intracoastal Realty Corp

    (910) 470-7073

    9 in this area

    348 Total Sales

    Nicole Valentine
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Map

Source: Hive MLS

MLS Number: 30510222

Hive MLS

APN: R05200-001-009-000

North Carolina New Hanover County Wilmington 28411

2618 Middle Sound Loop Rd, Wilmington, NC

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