NOT LISTED FOR SALE

437 Clay Wilmington, NC 28405

Old East Wilmington Neighborhood

Estimated Value: $246,000 - $340,688

0.07 Acre
$4,191,743 Price per Acre
2,962 Sq Ft Lot

Last Sold December 22, 2022

Last sale price $43,500

Est. 575% increase in value since last sale

Current estimated payment $1,741/month

45 Days on Market

About This Lot

As of December 2022

Cleared and build ready vacant lot in the Fox Subdivision. Located just off princess place dr. All utilities to include electric, cable, water and sewer are in the area and available . Within the city limits with paved city streets.

Last Agent to Sell the Property

Basil Williams

Keller Williams Innovate-Wilmington License #295523 Listed on: 10/18/2022

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Brian Baucom

Anchored Real Estate, LLC License #268672

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $377

Lot Details

  • 2,962 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R-5

Schools

  • Freeman Elementary School
  • Holly Shelter Middle School
  • Laney High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04909-011-019-000

Property Details

Property Type

Land

Est. Annual Taxes

$377

Lot Details

0

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: Maintained, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 33

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Book: 5157
  • Deed Page: 1401.00
  • Lot Description: None
  • Lot Sq Ft: 2962.00
  • Lot Water Features: None
  • Zoning: R-5
  • Acres: 0.07
  • Current Use: Residential, Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 784285.71
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Undeveloped

Tax Info

  • Tax Identifier: R04909-011-019-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 376.55

MLS Schools

  • Elementary School: Freeman
  • High School: Laney
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 20, 2022
Sold by
Mcrae Douglas and Mcrae Veronica H
Bought by
Our House Your Home Llc
Seller's Agent
Basil Williams
Keller Williams Innovate-Wilmington
Buyer's Agent
Brian Baucom
Anchored Real Estate, LLC
List Price
$54,900
Sold Price
$43,500
Premium/Discount to List
-$11,400
-20.77%
Views
42
Current Estimated Value
$293,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,922
Avg. Annual Appreciation
104.29%
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
Our House Your Home Llc $43,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Our House Your Home Llc $209,400
Closed Our House Your Home Llc $187,487
Closed Our House Your Home Llc $207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $43,500 -20.8% --
12/02/2022 12/02/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $54,900 -- --
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 $1,439 $165,400 $44,300 $121,100
2023 $377 $44,300 $44,300 $0
2022 $377 $44,300 $44,300 $0
2021 $379 $44,300 $44,300 $0
2020 $76 $7,200 $7,200 $0
2019 $76 $7,200 $7,200 $0
2018 $76 $7,200 $7,200 $0
2017 $76 $7,200 $7,200 $0
2016 $124 $11,200 $11,200 $0
2015 $119 $11,200 $11,200 $0
2014 $114 $11,200 $11,200 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Basil Williams

    Keller Williams Innovate-Wilmington

    (910) 319-9383

    5 in this area

    128 Total Sales

    Section Image
  • Brian Baucom

    Buyer's Agent in 2022

    Brian Baucom

    Anchored Real Estate, LLC

    (910) 707-3233

    3 in this area

    106 Total Sales

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Map

Source: Hive MLS

MLS Number: 100354294

Hive MLS

APN: R04909-011-019-000

North Carolina New Hanover County Wilmington 28405 Old East Wilmington

437 Clay, Wilmington, NC

This home is located at 437 Clay, Wilmington, NC 28405 since 18 October 2022 and is currently estimated at $293,422. 437 Clay is a home located in New Hanover County with nearby schools including Rachel Freeman School of Engineering, Holly Shelter Middle School, and Emsley A. Laney High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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