NOT LISTED FOR SALE

342 Shore Point Dr Wilmington, NC 28411

Estimated Value: $540,000 - $683,000

0.54 Acre
$1,112,715 Price per Acre
23,522 Sq Ft Lot

Last Sold December 14, 2016

Last sale price $82,000

Est. 633% increase in value since last sale

Current estimated payment $3,427/month

729 Days on Market

Highlights

  • 139 Feet of Waterfront
  • Boat Dock
  • Creek or Stream View
  • Ogden Elementary School Rated A-
  • Home fronts a creek
  • No HOA

About This Lot

As of December 2016

Looking for a waterfront lot to build your dream home in Wilmington? Look no further than 342 Shorepoint Drive in beautiful Bayshore Estates. This half acre lot (0.54 acres) has been partially cleared, is foundation ready for your 1850 sq. ft. (or larger) home, the sewer tap fee has been paid and the lot is foundation ready. Custom home plans for the site by local architect are included in the purchase. Drive in the gravel access and take a look at the million dollar views that could be yours. Priced below tax value, lot has access to a community boat ramp AND has no HOA fees. FINANCING IS AVAILABLE AS WELL! Don't miss this opportunity!

Last Agent to Sell the Property

Tricia Ireland

Coastal Select Properties License #224620 Listed on: 11/18/2014

Last Buyer's Agent

Allyson Pittman

BlueCoast Realty Corporation License #209974

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $983

Lot Details

  • 0.54 Acre Lot
  • Home fronts a creek
  • Property fronts a marsh
  • 139 Feet of Waterfront
  • Cleared Lot
  • Property is zoned R-15

Additional Features

  • Creek or Stream Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 209
  • Assessor Parcel Number 316913231067000

Community Details

Overview

  • No Home Owners Association
  • Bayshore Estates Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$983

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Creek Front, Marsh Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 73
  • Water Frontage: 139.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Boat Dock, Ramp

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1265.00
  • Lot Dimensions: Irregular
  • Lot Number: 209
  • Lot Sq Ft: 23522.00
  • Lot Water Features: Water Access Comm
  • Plat Book: 2599
  • Plat Page: 364
  • Zoning: R-15
  • Acres: 0.54
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 185000.00
  • Soil Evaluation Other: Lot back filled
  • Topography: Cleared/Partial
  • Lot Number2: 209
  • Lot View Type: Creek View, Marsh View

Tax Info

  • Tax Identifier: 316913231067000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 983.00
  • Total Real Estate Property Taxes: 983.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Gunn Tyler H and Gunn Stewart Daniel
Bought by
Gunn Stewart Daniel
Current Estimated Value
$600,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2014
Closed on
Dec 9, 2016
Sold by
Bowman Bruce F and Reilly Colleen A
Bought by
Gunn Tyler H and Gunn Stewart Daniel
Seller's Agent
Tricia Ireland
Coastal Select Properties
Buyer's Agent
Allyson Pittman
BlueCoast Realty Corporation
List Price
$149,000
Sold Price
$82,000
Premium/Discount to List
-$67,000
-44.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.32%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Bowman Bruce Forrest
Bought by
Bowman Bruce Forrest and Reilly Colleen Ann

Purchase Details

Closed on
Jun 29, 1999
Sold by
Rumfelt Elizabeth Kay
Bought by
Bowman Bruce Forrest

Purchase Details

Closed on
Apr 11, 1996
Sold by
Bayshore Estates Inc
Bought by
Bowman Bruce Forrest Elizabeth
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
Gunn Stewart Daniel -- First American Mortgage Sln
Gunn Tyler H $85,000 None Available
Bowman Bruce Forrest -- None Available
Bowman Bruce Forrest -- --
Bowman Bruce Forrest Elizabeth $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunn Stewart D $300,000
Closed Gunn Stewart Daniel $305,000
Closed Gunn Tyler H $215,750
Closed Gunn Tyler H $215,000
Previous Owner Bowman Bruce Forrest $40,000
Previous Owner Bowman Bruce F $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2016 12/14/16 Sold $82,000 -45.0% --
11/16/2016 11/16/16 Pending -- -- --
11/18/2014 11/18/14 For Sale $149,000 -- --
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 $1,918 $352,900 $166,700 $186,200
2022 $1,929 $352,900 $166,700 $186,200
2021 $1,944 $352,900 $166,700 $186,200
2020 $2,408 $380,700 $183,300 $197,400
2019 $2,408 $183,300 $183,300 $0
2018 $1,159 $183,300 $183,300 $0
2017 $1,187 $183,300 $183,300 $0
2016 $1,058 $152,700 $152,700 $0
2015 $983 $152,700 $152,700 $0
2014 $967 $152,700 $152,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30514430

Hive MLS

APN: R04407-004-014-000