NOT LISTED FOR SALE

3816 Bay Colony Rd NE Leland, NC 28451

Estimated Value: $713,000 - $873,000

0.36 Acre
$2,242,750 Price per Acre
15,682 Sq Ft Lot

Last Sold September 28, 2021

Last sale price $89,900

Est. 776% increase in value since last sale

Current estimated payment $4,660/month

4 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Community Pool
  • Clubhouse
  • Corner Lot
  • Tennis Courts

About This Lot

As of September 2021

Buy now and build later or right away; your dream coastal low country style home, set among acres of untouched wooded nature, perched along an unspoiled stretch of the Cape Fear River, in this extraordinary new community. Property just across from picturesque and stocked lake and walking distance to pool and clubhouse. The Bluffs are just minutes from historic downtown Wilmington & ILM airport, convenient access to numerous dining, shopping, cultural and recreational activities. This waterfront community is renowned for its stunning Bluffs overlooking the Cape Fear River. Residents of this private, gated community can enjoy a lakeside clubhouse with pool and tennis along with a private beach club on nearby Oak Island.

Last Agent to Sell the Property

Douglass Talbot

The Bluffs Real Estate Company License #167303 Listed on: 05/23/2021

Last Buyer's Agent

Janette Raupp

NorthGroup Real Estate LLC License #321750

NorthGroup Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,986

Lot Details

  • 0.36 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R75

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Lincoln Elementary School
  • Leland Middle School
  • North Brunswick High School

Listing and Financial Details

  • Tax Lot 270
  • Assessor Parcel Number 006na086

Community Details

Overview

  • The Bluffs On The Cape Fear Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,986

Lot Details

0

HOA Fees

$100 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 80

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: County Sewer, County Water, Natural Gas Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Gated Community, Playground, Pool, Street Lights, Tennis, Trails
  • HOAAssociationFee1Year: 1200.00

Lot Info

  • Deed Page: 786.00
  • Lot Description: Corner Lot
  • Lot Number: 270
  • Lot Sq Ft: 15682.00
  • Plat Book: 36
  • Plat Page: 173
  • Zoning: R75
  • Acres: 0.36
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 249722.22
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, Wooded
  • Lot Number2: 270

Tax Info

  • Tax Identifier: 006na086
  • Tax Year: 2021

MLS Schools

  • Elementary School: Lincoln
  • High School: North Brunswick
  • Middle School: Leland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Sarno Jeffrey and Farinella Patricia L
Bought by
Farinella Sarno Revocable Trust and Sarno
Current Estimated Value
$787,319

Purchase Details

Closed on
Jun 21, 2021
Sold by
Bbtb Real Properties Nc Llc
Bought by
Farinella Patricia L and Sarno Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 2, 2018
Sold by
Cfb Entity Llc
Bought by
Bbtb Real Properties Nc Llc

Purchase Details

Closed on
Dec 31, 2017
Sold by
Sterling Holdings Llc
Bought by
Cfb Entity Llc

Purchase Details

Closed on
Apr 7, 2009
Sold by
River Bluff Holding Ii Llc
Bought by
Sterling Holdings Llc
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
Farinella Sarno Revocable Trust -- None Listed On Document
Farinella Sarno Revocable Trust -- None Listed On Document
Farinella Patricia L $90,000 None Available
Bbtb Real Properties Nc Llc $222,000 None Available
Cfb Entity Llc -- None Available
Sterling Holdings Llc $511,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farinella Patricia L $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $89,900 0.0% --
05/23/2021 05/23/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $89,900 -- --
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 $2,986 $783,180 $110,000 $673,180
2023 $206 $438,770 $110,000 $328,770
2022 $0 $39,950 $39,950 $0
2021 $206 $39,950 $39,950 $0
2020 $206 $39,950 $39,950 $0
2019 $206 $39,950 $39,950 $0
2018 $109 $19,800 $19,800 $0
2017 $109 $19,800 $19,800 $0
2016 $96 $19,800 $19,800 $0
2015 $96 $19,800 $19,800 $0
2014 $266 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100272882

Hive MLS

APN: 006NA086