NOT LISTED FOR SALE

303 N Channel Dr Wrightsville Beach, NC 28480

Estimated Value: $911,070

0.08 Acre
$11,388,375 Price per Acre
3,485 Sq Ft Lot

Last Sold May 16, 2012

Last sale price $340,000

Est. 168% increase in value since last sale

Current estimated payment $5,288/month

306 Days on Market

Highlights

  • Water Views
  • Wrightsville Beach Elementary School Rated A-
  • No HOA

About This Lot

As of May 2012

.08 lot in Shore Acres on Wrightsville Beach with a partial sound view.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 06/15/2011

Last Buyer's Agent

Suzanne Trecco

Intracoastal Realty Corp License #247167

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,600

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x80x50x80

Property Views

  • Water Views
  • Views of a Sound

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Hoggard High School

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Tax Lot 138 & 139

Property Details

Property Type

Land

Est. Annual Taxes

$3,600

Lot Details

0

Listing Details

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

Exterior Features

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

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1800.00
  • Lot Dimensions: 50x80x50x80
  • Lot Number: 138 & 139
  • Lot Sq Ft: 3485.00
  • Acres: 0.08
  • Flood Zone: Yes
  • List Price per Acre: 4987500.00
  • Lot Number2: 138 & 139
  • Lot View Type: Sound View

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Hoggard
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2011
Closed on
May 15, 2012
Sold by
First Troy Spe Llc
Bought by
Smith Layne Mcneill
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Suzanne Trecco
Intracoastal Realty Corp
List Price
$449,000
Sold Price
$340,000
Premium/Discount to List
-$109,000
-24.28%
Current Estimated Value
$911,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,070
Avg. Annual Appreciation
8.73%
Original Mortgage
$255,000
Outstanding Balance
$180,682
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$848,630

Purchase Details

Closed on
Apr 18, 2008
Sold by
Saffo George A and Ik Liquidation Inc
Bought by
R A J Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 1997
Sold by
Johnson Wiley C Susan B
Bought by
Johnson Wiley C Susan B
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
Smith Layne Mcneill $340,000 None Available
R A J Builders Inc $635,000 None Available
Johnson Wiley C Susan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Layne Mcneill $255,000
Previous Owner R A J Builders Inc $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $340,000 -24.3% --
04/16/2012 04/16/12 Pending -- -- --
06/15/2011 06/15/11 For Sale $449,000 -- --
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
2023 $3,600 $663,900 $663,900 $0
2022 $3,634 $663,900 $663,900 $0
2021 $3,766 $663,900 $663,900 $0
2020 $2,245 $329,000 $329,000 $0
2019 $2,245 $329,000 $329,000 $0
2018 $2,245 $329,000 $329,000 $0
2017 $2,295 $329,000 $329,000 $0
2016 $2,180 $288,400 $288,400 $0
2015 $2,039 $288,400 $288,400 $0
2014 $1,981 $288,400 $288,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30464748

Hive MLS

APN: R05720-007-010-000