NOT LISTED FOR SALE

306 Trails End Rd Wilmington, NC 28409

Estimated Value: $541,000 - $1,161,000

0.38 Acre
$2,276,442 Price per Acre
16,553 Sq Ft Lot

Last Sold December 17, 2020

Last sale price $145,000

Est. 497% increase in value since last sale

Current estimated payment $4,847/month

1 Day on Market

Highlights

  • Water Access
  • No HOA
  • 5-minute walk to Trails End Park
  • Masonboro Elementary School Rated A
  • Wood Fence

About This Lot

As of December 2020

Welcome home to Masonboro Bluffs on Trails End. This .38 of an acre lot has been cleared and ready for a buyer to build their dream home. The lot is located about a quarter of a mile from the Trails End boat ramp and pier along with the Masonboro Yacht Club where you can rent a slip or dry dock for easy accessibility to your boat. If you are looking to spend time on the Intracoastal Waterway then this would be a wonderful spot to call home.

Last Agent to Sell the Property

Louie Chirco

Coldwell Banker Sea Coast Advantage-Midtown Listed on: 11/02/2020

Co-Listed By

Allison Horton

Coldwell Banker Sea Coast Advantage-Midtown License #251896

Last Buyer's Agent

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Property Type

  • Land

Lot Details

  • 0.38 Acre Lot
  • Property fronts a private road
  • Wood Fence
  • Sloped Lot
  • Cleared Lot
  • Property is zoned R-15

Basement

  • Partial Basement

Schools

  • Masonboro Elementary School
  • Myrtle Grove Middle School
  • Hoggard High School

Utilities

  • Well
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R07209-005-006-000

Community Details

Overview

  • No Home Owners Association
  • Masonboro Bluffs Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Water Access

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

  • Fencing: Partial, Wood
  • Road Type Frontage: Maintained, Private
  • Waterfront: No
  • Waterview: No

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1457.00
  • Lot Description: Partially Cleared
  • Lot Sq Ft: 16553.00
  • Lot Water Features: Water Access Comm
  • Zoning: R-15
  • Acres: 0.38
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 381578.95
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Sloped, Undeveloped

Tax Info

  • Tax Identifier: R07209-005-006-000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 540.00

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Myrtle Grove
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 17, 2020
Sold by
Whiting Jeffrey B and Whiting Jennifer A
Bought by
Jacobs Gregory K and Jacobs Sarah K
Seller's Agent
Louie Chirco
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$865,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,048
Avg. Annual Appreciation
42.73%
Original Mortgage
$108,750
Outstanding Balance
$5,793
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$859,255

Purchase Details

Closed on
Dec 28, 2006
Sold by
Mjr Holdings Llc
Bought by
Whiting Jeffrey B and Whiting Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2006
Sold by
Chase Jeffrey B and Chase Caroline S
Bought by
Mjr Holdings Llc

Purchase Details

Closed on
Apr 26, 2006
Sold by
Jeh Properties Llc
Bought by
Chase Jeffrey

Purchase Details

Closed on
Aug 25, 2005
Sold by
Lorek John Andrew
Bought by
Jeh Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,165
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1984
Sold by
Lorek John Andrew Jr Lou
Bought by
Lorek John Andrew

Purchase Details

Closed on
Oct 1, 1968
Bought by
Lorek John Andrew Jr Lou
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
Jacobs Gregory K $145,000 None Available
Whiting Jeffrey B $160,000 None Available
Mjr Holdings Llc -- None Available
Chase Jeffrey $205,000 None Available
Jeh Properties Llc $165,000 None Available
Lorek John Andrew -- --
Lorek John Andrew Jr Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Gregory K $108,750
Previous Owner Whiting Jeffrey B $144,000
Previous Owner Jeh Properties Llc $140,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $145,000 0.0% --
11/03/2020 11/03/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $145,000 -- --
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 $3,613 $935,200 $219,600 $715,600
2023 $2,996 $559,200 $141,600 $417,600
2022 $2,289 $433,900 $141,600 $292,300
2021 $775 $141,600 $141,600 $0
2020 $540 $85,300 $85,300 $0
2019 $540 $85,300 $85,300 $0
2018 $540 $85,300 $85,300 $0
2017 $552 $85,300 $85,300 $0
2016 $532 $76,700 $76,700 $0
2015 $494 $76,700 $76,700 $0
2014 $486 $76,700 $76,700 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Louie Chirco

    Coldwell Banker Sea Coast Advantage-Midtown

  • A

    Seller Co-Listing Agent in 2020

    Allison Horton

    Coldwell Banker Sea Coast Advantage-Midtown

    (910) 612-4488

    2 in this area

    19 Total Sales

    Allison Horton
    Section Image

  • J

    Buyer's Agent in 2020

    Jeff Lesley

    Berkshire Hathaway HomeServices Carolina Premier Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 100244001

Hive MLS

APN: R07209-005-006-000

North Carolina New Hanover County Wilmington 28409

306 Trails End Rd, Wilmington, NC

Not Listed for Sale

Lots

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