$187,500
SOLD SEP 16, 2024
0.58 Acre
$323,276 Price per Acre
25,265 Sq Ft Lot

Recently Sold

22% Below List Price

100 Days on Market

About This Lot

As of September 2024

Large R-5 Lot (approximately 0.58 acres) with great investment potential. Subdivide or build a duplex, triplex, or quadruplex. Owner has done much of the legwork already. Preliminary subdivision of parcel as well as proposed 7 unit townhome site plan have been through Pre-TRC (technical review committee) consultation. Located right off Shipyard Blvd and only minutes away from downtown Wilmington. Municipal water and sewer are available.

Last Agent to Sell the Property

Jonathan McLaughlin

Margaret Rudd Assoc/O.I. License #297774 Listed on: 05/19/2024

Last Buyer's Agent

Adam Hashem

East Atlantic Realty LLC License #318849

Property Details

Property Type

  • Land

Lot Details

  • 0.58 Acre Lot
  • Cleared Lot
  • Property is zoned R-5

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R06505-012-016-000 And R06505-012-018-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 65

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 10671072.00
  • Lot Description: Partially Cleared
  • Lot Sq Ft: 25265.00
  • Plat Book: 6581
  • Plat Page: 1072
  • Zoning: R-5
  • Acres: 0.58
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 413793.10
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R06505-012-016-000 And R06505-012-018-000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Sep 13, 2024
Sold by
R & R Downtown Rework Llc
Bought by
Sela Properties Llc
Seller's Agent
Jonathan McLaughlin
Margaret Rudd Assoc/O.I.
Buyer's Agent
Adam Hashem
East Atlantic Realty LLC
List Price
$240,000
Sold Price
$187,500
Premium/Discount to List
-$52,500
-21.88%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.45%

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jul 19, 2022
Sold by
Benjamin M Leonard Trust
Bought by
R & R Downtown Rework Llc
Seller's Agent
Jay Curley
Fathom Realty NC, LLC
Buyer's Agent
Deb Conley-Levandoski
Keller Williams Innovate-Wilmington
List Price
$82,000
Sold Price
$78,000
Premium/Discount to List
-$4,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.09%

Purchase Details

Listed on
Feb 18, 2022
Closed on
Jul 15, 2022
Sold by
Leonard Carolyn M
Bought by
Benjamin M Leonard Trust
Seller's Agent
Jay Curley
Fathom Realty NC, LLC
Buyer's Agent
Deb Conley-Levandoski
Keller Williams Innovate-Wilmington
List Price
$82,000
Sold Price
$78,000
Premium/Discount to List
-$4,000
-4.88%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Leonard Benjamin
Bought by
Leonard Benjamin M Trust

Purchase Details

Closed on
Jul 22, 1993
Sold by
Edwards Victor
Bought by
Leonard Benjamin

Purchase Details

Closed on
Dec 17, 1992
Sold by
Edwards Victor
Bought by
Leonard Benjamin Carlon

Purchase Details

Closed on
Oct 1, 1975
Sold by
Leonard George Lemonia
Bought by
Leonard Benjamin Carlon

Purchase Details

Closed on
Feb 1, 1953
Sold by
Leonard Elijah Sr Hrs
Bought by
Leonard George Lemonia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $187,500 None Listed On Document
Warranty Deed $78,000 None Listed On Document
Quit Claim Deed -- Cline Law Group Pllc
Deed -- --
Deed -- --
Deed $500 --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 Price Changed $539,000 -1.8% --
02/05/2025 02/05/25 For Sale $549,000 0.0% --
02/05/2025 02/05/25 Off Market $549,000 -- --
01/31/2025 01/31/25 For Sale $549,000 +192.8% --
09/16/2024 09/16/24 Sold $187,500 -21.9% --
08/27/2024 08/27/24 Pending -- -- --
05/19/2024 05/19/24 For Sale $240,000 +207.7% --
07/20/2022 07/20/22 Sold $78,000 -4.9% --
02/28/2022 02/28/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $82,000 -- --
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 -- $13,000 $13,000 $0
2023 $0 $13,000 $13,000 $0
2022 $111 $13,000 $13,000 $0
2021 $56 $13,000 $13,000 $0
2020 $73 $6,900 $6,900 $0
2019 $73 $6,900 $6,900 $0
2018 $0 $6,900 $6,900 $0
2017 $73 $6,900 $6,900 $0
2016 $45 $4,100 $4,100 $0
2015 $43 $4,100 $4,100 $0
2014 $42 $4,100 $4,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100445510

Hive MLS

APN: R06505-012-016-000