NOT LISTED FOR SALE

4905 Milby St Wilmington, NC 28412

Estimated Value: $410,778 - $456,000

0.57 Acre
$764,377 Price per Acre
24,829 Sq Ft Lot

Last Sold March 20, 2020

Last sale price $49,900

Est. 773% increase in value since last sale

Current estimated payment $2,501/month

112 Days on Market

About This Lot

As of March 2020

This is a beautiful lot over half an acre in the centrally located desirable community of SIlver Lake. A rare find in this neighborhood. on a quaint street. Build your custom dream home with a large yard for kids and pets, or buy and build later. Located on an enchanted side street, must see to appreciate. Sewer is available , it's located apx. 40 ft from property. Cost from county for hook up is $2040 and the remaining cost will be to plumber. A well will be permitted on property when ready to build.

Last Agent to Sell the Property

Demetria Padgett

Coastal Properties License #238881 Listed on: 10/18/2019

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,585

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 181x138x178x137
  • Wooded Lot
  • Property is zoned R-15

Schools

  • Williams Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Utilities

  • Co-Op Water
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Silver Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number R07117-002-002-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,585

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Unpaved
  • Waterfront: No
  • Waterview: No

Utilities

  • Federal Flood Ins Avlbl: No
  • 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 Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Sewer, Water

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1802.00
  • Lot Description: Wooded
  • Lot Dimensions: 181x138x178x137
  • Lot Sq Ft: 24829.00
  • Lot Water Features: None
  • Plat Book: 5104
  • Plat Page: 1991
  • Zoning: R-15
  • Acres: 0.57
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 105087.72
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: R07117-002-002-000
  • Tax Year: 2018
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Williams
  • High School: Ashley
  • Middle School: Myrtle Grove
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
David Lallier
Bought by
Chirco Sarah and Lallier David
Current Estimated Value
$435,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Outstanding Balance
$295,801
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$117,617

Purchase Details

Listed on
Oct 18, 2019
Closed on
Mar 20, 2020
Sold by
Padgett Demetria
Bought by
Lallier David
Seller's Agent
Demetria Padgett
Coastal Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$109,500
Sold Price
$49,900
Premium/Discount to List
-$59,600
-54.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.40%
Original Mortgage
$39,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2006
Sold by
Lanier Jean Vereen
Bought by
Padgett Demetria

Purchase Details

Closed on
Mar 6, 1989
Sold by
Lanier Ellis D Jean V
Bought by
Lanier Jeanv

Purchase Details

Closed on
Sep 1, 1981
Sold by
Collier J Frank
Bought by
Lanier Ellis D Jean

Purchase Details

Closed on
Aug 1, 1951
Bought by
Collier J Frank
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
Chirco Sarah -- Davis Eugene B
Lallier David $50,000 None Available
Padgett Demetria $113,000 None Available
Lanier Jeanv -- --
Lanier Ellis D Jean -- --
Collier J Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chirco Sarah $308,800
Previous Owner Lallier David $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $49,900 -54.4% --
02/07/2020 02/07/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $109,500 -- --
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 $1,585 $206,200 $76,100 $130,100
2022 $431 $81,700 $76,100 $5,600
2021 $417 $76,100 $76,100 $0
2020 $302 $47,700 $47,700 $0
2019 $302 $47,700 $47,700 $0
2018 $302 $47,700 $47,700 $0
2017 $309 $47,700 $47,700 $0
2016 $331 $47,700 $47,700 $0
2015 $307 $47,700 $47,700 $0
2014 $302 $47,700 $47,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100189406

Hive MLS

APN: R07117-002-002-000