NOT LISTED FOR SALE

4607 New Jack Rd Wilmington, NC 28409

Estimated Value: $1,034,000 - $1,570,139

1.01 Acres
$1,289,178 Price per Acre
43,996 Sq Ft Lot

Last Sold March 14, 2024

Last sale price $1,520,000 $743 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $7,403/month

305 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 80 Feet of Waterfront
  • Boat Lift
  • Masonboro Elementary School Rated A
  • Boat Dock
  • Boat Slip

About This Lot

As of March 2024

Final lot available in this new waterfront community of New Jack Landing, this lot is anincredible opportunity to build your custom dream home overlooking the IntracoastalWaterway. Nestled among live oak trees this one acre lot is centrally located betweenWrightsville Beach and Carolina Beach with its own deep-water boat slip and 10,000-lbboat lift at the neighborhood's brand new community dock. Imagine glorious sun risesas well as captivating moon rises from your backyard. This 4 lot waterfront oasis willsoon have 3 homes under construction and this lot is the last opportunity to be theirneighbor.

Last Agent to Sell the Property

David Benford Group

Landmark Sotheby's International Realty Listed on: 03/30/2023

Landmark Sotheby's International Realty

Last Buyer's Agent

Sherwood Strickland

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,350

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 80 x 497.69 x 80 x 568.28
  • 80 Feet of Waterfront
  • Sloped Lot
  • Cleared Lot
  • Property is zoned R-15

Schools

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

Additional Features

  • Intracoastal Views
  • Water Rights

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R07213-007-034-000

Community Details

Overview

  • Property has a Home Owners Association
  • New Jack Landing HOA, Phone Number (713) 628-5005
  • New Jack Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Deeded Waterfront Access Rights
  • Boat Lift
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$4,350

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front, See Remarks
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 80
  • Water Frontage: 80.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Boat Slip - Assign, Maint - Comm Areas, Maint - Roads
  • HOA Company: New Jack Landing HOA
  • HOA Phone: 713-628-5005

Lot Info

  • Deed Page: 1532.00
  • Lot Description: Deeded Water Rights, Partially Cleared, See Remarks, Subdivision
  • Lot Dimensions: 80 x 497.69 x 80 x 568.28
  • Lot Number: 2
  • Lot Sq Ft: 44208.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Water Access Comm, Waterfront Comm
  • Plat Book: 72
  • Plat Page: 319
  • Special Assessments: 1500
  • Zoning: R-15
  • Acres: 1.01
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 1633663.37
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Sloped
  • Lot Number2: 2
  • Lot View Type: ICW View, Water View

Tax Info

  • Tax Identifier: R07213-007-034-000
  • Tax Year: 2023
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Mar 7, 2024
Sold by
New Jack Partners Llc
Bought by
Davis Martin Alex
Seller's Agent
David Benford Group
Landmark Sotheby's International Realty
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$1,650,000
Sold Price
$1,520,000
Premium/Discount to List
-$130,000
-7.88%
Views
257
Current Estimated Value
$1,302,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$217,930
Avg. Annual Appreciation
-9.93%
Original Mortgage
$1,000,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2023
Sold by
New Jack Partners Llc
Bought by
Pollock Melissa A and Gregoire Ronald P

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 28, 2021
Sold by
Lewis Joyce Hall
Bought by
New Jack Partners Llc
Seller's Agent
Gwen Hawlay
Intracoastal Realty Corp
Buyer's Agent
Gwen Hawlay
Intracoastal Realty Corp
List Price
$3,500,000
Sold Price
$2,850,000
Premium/Discount to List
-$650,000
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.28%
Original Mortgage
$2,652,500
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 1991
Sold by
Lewis Charles E Hrs
Bought by
Lewis Joyce Hall

Purchase Details

Closed on
Jan 1, 1991
Sold by
Lewis Charles E
Bought by
Lewis Charles E Hrs

Purchase Details

Closed on
Nov 20, 1954
Sold by
Lewis Charles E
Bought by
Lewis Elizabeth

Purchase Details

Closed on
Jul 6, 1949
Sold by
Trask George W Emma
Bought by
Lewis Charles E Elizabeth
Source: Public Records

Range of Values:

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Average Value
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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
Davis Martin Alex $1,520,000 None Listed On Document
Pollock Melissa A $1,600,000 --
New Jack Partners Llc $2,850,000 None Available
Lewis Joyce Hall -- --
Lewis Charles E Hrs -- --
Lewis Elizabeth -- --
Lewis Charles E Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Martin $1,700,000
Closed Davis Martin Alex $1,000,000
Previous Owner New Jack Partners 1 Llc $900,000
Previous Owner New Jack Partners Llc $2,652,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2024 03/14/24 Sold $1,520,000 -7.9% $743 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
03/30/2023 03/30/23 For Sale $1,650,000 -42.1% $806 / Sq Ft
10/22/2021 10/22/21 Sold $2,850,000 -18.6% $1,392 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $3,500,000 0.0% $1,710 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $3,500,000 -- $1,710 / Sq Ft
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 $4,350 $832,500 $832,500 $0
2023 $7,344 $1,405,500 $1,405,500 $0
2022 $9,559 $1,799,300 $1,536,700 $262,600
2021 $9,863 $1,799,300 $1,536,700 $262,600
2020 $4,877 $771,100 $529,300 $241,800
2019 $4,926 $778,800 $537,000 $241,800
2018 $4,926 $778,800 $537,000 $241,800
2017 $5,043 $778,800 $537,000 $241,800
2016 $5,383 $776,800 $537,000 $239,800
2015 $5,003 $776,800 $537,000 $239,800
2014 $4,917 $776,800 $537,000 $239,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100376668

Hive MLS

APN: R07213-007-034-000