$38,000
SOLD SEP 4, 2014

503 Mcginnis Ln Wilmington, NC 28412

Pine Hollow Neighborhood
0.28 Acre
$135,714 Price per Acre
12,197 Sq Ft Lot

Recently Sold

About This Lot

As of November 2024

This home is located at 503 Mcginnis Ln, Wilmington, NC 28412 and is currently priced at $38,000. 503 Mcginnis Ln is a home located in New Hanover County with nearby schools including Mary C. Williams Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 09/04/2014

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,817

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-10

Schools

  • Pine Valley Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Community Details

  • Property has a Home Owners Association
  • Belle Meade Plantation Subdivision

Listing and Financial Details

  • Tax Lot 16

Property Details

Property Type

Land

Est. Annual Taxes

$1,817

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5460
  • Deed Page: 972.00
  • Lot Dimensions: irregular
  • Lot Number: 16
  • Lot Sq Ft: 12197.00
  • Zoning: R-10
  • Acres: 0.28
  • List Price per Acre: 135714.29
  • Lot Number2: 16

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Nov 8, 2024
Sold by
Mcgalliard Aaron Michael and Brooke Courtney
Bought by
Gahm Erica Lee
Seller's Agent
Sherri Ingle
Intracoastal Realty Corp
Buyer's Agent
Lisa Johnson
Century 21 Collective
List Price
$564,900
Sold Price
$520,000
Premium/Discount to List
-$44,900
-7.95%
Views
146
Current Estimated Value
$534,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,726
Avg. Annual Appreciation
1.50%
Original Mortgage
$390,000
Outstanding Balance
$388,155
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$137,363

Purchase Details

Listed on
Nov 4, 2015
Closed on
Apr 27, 2016
Sold by
Blanton Building Inc
Bought by
Mcgalliard Aaron Michael and Mcgalliard Courtney Brooke
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$275,405
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2014
Sold by
First Troy Spe Llc
Bought by
Blanton Building Inc

Purchase Details

Closed on
Dec 31, 2009
Sold by
Kirk Pigford Construction Inc
Bought by
First Troy Spe 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 Type Sale Price Title Company
Warranty Deed $520,000 None Listed On Document
Warranty Deed $290,000 None Available
Special Warranty Deed $38,000 None Available
Trustee Deed $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $275,405 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $520,000 -3.5% $232 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $539,000 -2.0% $241 / Sq Ft
09/09/2024 09/09/24 Price Changed $549,900 -2.7% $246 / Sq Ft
07/22/2024 07/22/24 For Sale $564,900 +94.9% $252 / Sq Ft
04/29/2016 04/29/16 Sold $289,900 0.0% $132 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $289,900 +662.9% $132 / Sq Ft
09/04/2014 09/04/14 Sold $38,000 0.0% --
09/04/2014 09/04/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $38,000 -- --
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 $1,817 $338,100 $70,700 $267,400
2023 $1,813 $338,100 $70,700 $267,400
2022 $1,830 $338,100 $70,700 $267,400
2021 $1,859 $338,100 $70,700 $267,400
2020 $1,811 $286,400 $100,000 $186,400
2019 $1,811 $286,400 $100,000 $186,400
2018 $1,811 $286,400 $100,000 $186,400
2017 $1,854 $286,400 $100,000 $186,400
2016 $676 $97,500 $40,400 $57,100
2015 $260 $40,400 $40,400 $0
2014 $256 $40,400 $40,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Ingle

    Seller's Agent in 2024

    Sherri Ingle

    Intracoastal Realty Corp

    (910) 620-7178

    16 in this area

    1,116 Total Sales

    Section Image
  • Lisa Johnson

    Buyer's Agent in 2024

    Lisa Johnson

    Century 21 Collective

    (910) 620-0655

    1 in this area

    25 Total Sales

    Section Image
  • Keith Beatty

    Seller's Agent in 2016

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    8 in this area

    1,342 Total Sales

    Section Image

  • B

    Seller's Agent in 2014

    Buddy Blake

    RE/MAX

See All Agents

Map

Source: Hive MLS

MLS Number: 30511317

Hive MLS

APN: R07100-003-355-000

North Carolina New Hanover County Wilmington 28412 Pine Hollow

503 Mcginnis Ln, Wilmington, NC

This home is located at 503 Mcginnis Ln, Wilmington, NC 28412 and is currently priced at $38,000. 503 Mcginnis Ln is a home located in New Hanover County with nearby schools including Mary C. Williams Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

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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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