NOT LISTED FOR SALE

2907 Middle Sound Loop Rd Wilmington, NC 28411

Estimated Value: $810,000 - $2,870,000

5.31 Acres
$288,809 Price per Acre
231,304 Sq Ft Lot

Last Sold June 29, 2012

Last sale price $555,000 $323 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $9,123/month

789 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Home fronts a creek
  • No HOA
  • Ogden Elementary School Rated A-
  • 5.31 Acre Lot

About This Lot

As of June 2012

There is an existing single family home approximately 1,720 sq. ft. built in 1954-not included in value of land. Proposed 5 single family lots, 2 waterfront and 3 interior. Two 50' foot road frontage off Middle Sound Loop Road.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 04/14/2010

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,180

Lot Details

  • 5.31 Acre Lot
  • Home fronts a creek
  • 88 Feet of Waterfront
  • Property is zoned R-20S

Property Views

  • Water Views

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 316810.46.1553.000

Property Details

Property Type

Land

Est. Annual Taxes

$4,180

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 88.00

Utilities

  • 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

Lot Info

  • Deed Page: 2299.00
  • Lot Dimensions: irregular
  • Lot Sq Ft: 231304.00
  • Zoning: R-20S
  • Acres: 5.31
  • Flood Zone: Yes
  • List Price per Acre: 188305.08

Tax Info

  • Tax Identifier: 316810.46.1553.000

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
Apr 14, 2010
Closed on
Jun 29, 2012
Sold by
First Troy Spe Llc
Bought by
2907 Middle Sound Loop Llc
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
A Non Member
A Non Member
List Price
$1,499,000
Sold Price
$555,000
Premium/Discount to List
-$944,000
-62.98%
Current Estimated Value
$1,673,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,118,063
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Mar 18, 2010
Sold by
Tdc Developers Llc
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Sep 6, 2005
Sold by
Hubis Anthony P and Hubis Frances H
Bought by
Tdc Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,552,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2001
Bought by
Hubis Anthony P Jr Frances
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2907 Middle Sound Loop Llc $555,000 --
First Troy Spe Llc $1,350,000 None Available
Tdc Developers Llc $1,489,500 None Available
Hubis Anthony P Jr Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tdc Developers Llc $1,552,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $555,000 -63.0% $323 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
04/14/2010 04/14/10 For Sale $1,499,000 -- $872 / Sq Ft
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 $4,180 $1,104,400 $1,088,600 $15,800
2024 $2,745 $525,300 $506,500 $18,800
2023 $2,745 $525,300 $506,500 $18,800
2022 $2,771 $525,300 $506,500 $18,800
2021 $2,888 $525,300 $506,500 $18,800
2020 $4,075 $644,200 $619,800 $24,400
2019 $4,075 $644,200 $619,800 $24,400
2018 $4,075 $644,200 $619,800 $24,400
2017 $4,171 $644,200 $619,800 $24,400
2016 $4,725 $681,800 $471,500 $210,300
2015 $4,391 $681,800 $471,500 $210,300
2014 $4,316 $681,800 $471,500 $210,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Buddy Blake

    RE/MAX

  • A

    Buyer's Agent in 2012

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 30447676

Hive MLS

APN: R04400-005-003-000

North Carolina New Hanover County Wilmington 28411

2907 Middle Sound Loop Rd, Wilmington, NC

Not Listed for Sale

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