NOT LISTED FOR SALE

3960 Bay Colony Rd NE Northwest, NC 28451

Estimated Value: $686,290 - $802,000

0.35 Acre
$2,163,780 Price per Acre
15,246 Sq Ft Lot

Last Sold November 14, 2022

Last sale price $130,000

Est. 483% increase in value since last sale

Current estimated payment $4,380/month

54 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Community Pool
  • Clubhouse
  • Corner Lot
  • Community Basketball Court

About This Lot

As of November 2022

The Bluffs on the Cape Fear is a vibrant, master-planned community perched on a pristine stretch of the Cape Fear River. Just 15 minutes from the classic waterfront hometown of historic Wilmington, NC, The Bluffs is a private, coastal haven for the families who call it home. The unique vision of The Bluffs is realized every day: natural woodlands and the unspoiled riverfront landscape are preserved and celebrated. Classically-styled coastal homes exist in harmony with lush woodlands, and the riverfront. Our visionary developers created The Bluffs with access and abundance in mind. Accordingly, residents here enjoy a close-knit, active lifestyle with total access to the riverfront and an impressive collection of amenities: - 50-Slip Marina with Scenic Boardwalk - 2-Acre Riverfront Park with Boat & Kayak Launch - Lakefront Clubhouse with Resort-Style Salt Water Pool - Private Beach Club on Oak Island--with Full Ocean Access - Winding Walking & Biking Trails - Golf Cart Friendly Community - Tennis & Pickleball Courts - Fully-Stocked Lake - Community Boat & RV Storage - And soon, a New State-of-the-Art Fitness & Wellness Center We invite you to experience the joy of our authentic riverfront community, The Bluffs on the Cape Fear

Last Agent to Sell the Property

Marc Wilson

The Bluffs Real Estate Company License #129774 Listed on: 08/26/2022

Last Buyer's Agent

Jordan Flores

The Bluffs Real Estate Company License #326165

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,329

Lot Details

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

Schools

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

Listing and Financial Details

  • Tax Lot 291
  • Assessor Parcel Number 006na107

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • The Bluffs On The Cape Fear Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,329

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 102

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Clubhouse, Gated Community, Maint - Comm Areas, Maint - Roads, Master Insure, Mgmt Fee, Playground, Pool, Storage Lot

Lot Info

  • Deed Book: 4685
  • Deed Page: 1172.00
  • Lot Description: Corner Lot, Level, Open
  • Lot Number: 291
  • Lot Sq Ft: 15246.00
  • Plat Book: 36
  • Plat Page: 172
  • Zoning: R75
  • Acres: 0.35
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 400000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 291

Tax Info

  • Tax Identifier: 006na107
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 9, 2022
Sold by
Herrera Gabriel Marcia and Herrera Nora
Bought by
Farrell Thomas Joseph and Farrell Ramona Ruth
Seller's Agent
Marc Wilson
The Bluffs Real Estate Company
Buyer's Agent
Jordan Flores
The Bluffs Real Estate Company
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Views
2
Current Estimated Value
$757,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,935
Avg. Annual Appreciation
90.34%

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 9, 2021
Sold by
Richards Sean M and Richards Maureen D
Bought by
Herrera Gabriel Marcial and Herrera Nora
Seller's Agent
Ed & Sheila Rudolph
Keller Williams Innovate-Wilmington
Buyer's Agent
Jordan Flores
The Bluffs Real Estate Company
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.89%

Purchase Details

Closed on
Jun 29, 2007
Sold by
River Bluff Holdings Ii Llc
Bought by
Richards Sean M and Richards Maureen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,073
Interest Rate
6.16%
Mortgage Type
FHA
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
Farrell Thomas Joseph $130,000 --
Herrera Gabriel Marcial $65,000 None Available
Richards Sean M $126,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Thomas Joseph $200,000
Open Farrell Thomas Joseph $582,000
Previous Owner Richards Sean M $120,073
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $130,000 -7.1% --
08/26/2022 08/26/22 For Sale $140,000 +115.4% --
08/19/2021 08/19/21 Sold $65,000 0.0% --
07/09/2021 07/09/21 Pending -- -- --
06/09/2020 06/09/20 For Sale $65,000 -- --
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
2024 $2,329 $591,190 $110,000 $481,190
2023 $206 $110,000 $110,000 $0
2022 $0 $39,950 $39,950 $0
2021 $0 $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: 100346266

Hive MLS

APN: 006NA107