$264,000
SOLD AUG 19, 2025
0.09 Acre
$2,933,333 Price per Acre
3,790 Sq Ft Lot

Recently Sold

5% Below List Price

274 Days on Market

About This Lot

As of August 2025

Vacant lot located in the Central Business District/Brooklyn Arts District. This location is ideal for in-fill development that can incorporate a number of permitted uses. Located within walking distance to shopping, restaurants, breweries, business district, entertainment venues and so much more. Seller will consider seller financing.

Last Agent to Sell the Property

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 08/20/2024

Intracoastal Realty Corp

Last Buyer's Agent

Eric Knight

Nest Realty License #278908

Nest Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $521

Lot Details

  • 3,790 Sq Ft Lot
  • Lot Dimensions are 45 x 85
  • Property is zoned CBD

Schools

  • Snipes Elementary School
  • Virgo Middle School
  • New Hanover High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04813-028-005-000

Property Details

Property Type

Land

Est. Annual Taxes

$521

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Industrial
  • Cobra Zone: No
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Deeded Right of Way, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 45

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: See Remarks

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 534.00
  • Lot Description: See Remarks
  • Lot Dimensions: 45 x 85
  • Lot Sq Ft: 3790.00
  • Lot Water Features: None
  • Zoning: CBD
  • Acres: 0.09
  • Current Use: Commercial, Office, Retail, Development
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 3088888.89
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks

Tax Info

  • Tax Identifier: R04813-028-005-000
  • Tax Year: 2023
  • Total City Real Estate Property Tax: 564.48
  • Total Real Estate Property Taxes: 521.10
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Virgo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Aug 12, 2025
Sold by
504 North Llc
Bought by
Ghm Holdings Llc
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Eric Knight
Nest Realty
List Price
$278,000
Sold Price
$264,000
Premium/Discount to List
-$14,000
-5.04%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18447.34%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 17, 2020
Sold by
Downtown Life Llc
Bought by
504 North Llc
Seller's Agent
Mike Lardieri
Homes For Sale in Wilmington
Buyer's Agent
Jeff Hovis
Intracoastal Realty Corp
List Price
$289,000
Sold Price
$245,000
Premium/Discount to List
-$44,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$183,750
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2017
Sold by
Dawson Cassandra Jacobs
Bought by
Downtown Life Llc

Purchase Details

Closed on
Sep 2, 2004
Sold by
Town Builders Llc
Bought by
Dawson Cassandra Jacobs

Purchase Details

Closed on
Sep 11, 1995
Sold by
Bethesda Christian Life Ch Inc
Bought by
Northside Medical Center

Purchase Details

Closed on
May 22, 1995
Sold by
Utley James L Jr Maxzine
Bought by
Bethesda Christian Life Ch Inc

Purchase Details

Closed on
Jul 2, 1993
Sold by
Nationsbanc Financial Ser Corp
Bought by
Northside Medical Center

Purchase Details

Closed on
Aug 25, 1992
Sold by
C & S Family Credit Of Nc Inc
Bought by
Nationsbanc Financial Ser Corp

Purchase Details

Closed on
Dec 31, 1990
Sold by
Blackburn William B
Bought by
C & S Family Credit Of Nc Inc

Purchase Details

Closed on
Dec 22, 1989
Sold by
C & S Family Credit Of Nc Inc
Bought by
Blackburn William B

Purchase Details

Closed on
May 17, 1989
Sold by
Utley James L Jr Maxzine
Bought by
C & S Family Credit Of Nc Inc

Purchase Details

Closed on
Jun 28, 1985
Sold by
Shropshire John L Gloria
Bought by
Utley James L Jr Maxzine

Purchase Details

Closed on
Dec 1, 1981
Sold by
Warshauer Miriam Miller
Bought by
Shropshire John L

Purchase Details

Closed on
Dec 1, 1960
Bought by
Warshauer Miriam Miller
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 Type Sale Price Title Company
Warranty Deed $264,000 None Listed On Document
Warranty Deed $264,000 None Listed On Document
Warranty Deed $245,000 None Available
Warranty Deed $90,000 None Available
Deed $189,000 --
Deed -- --
Deed -- --
Deed $5,000 --
Deed $43,000 --
Deed -- --
Deed $28,000 --
Deed $27,500 --
Deed $74,000 --
Deed $10,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $183,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $264,000 -5.0% --
05/21/2025 05/21/25 Pending -- -- --
03/30/2025 03/30/25 For Sale $278,000 0.0% --
02/05/2025 02/05/25 Off Market $278,000 -- --
08/20/2024 08/20/24 For Sale $278,000 +13.5% --
09/07/2020 09/07/20 Sold $245,000 -15.2% --
07/07/2020 07/07/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $289,000 -- --
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 $0 $115,800 $114,900 $900
2023 $1,053 $115,800 $114,900 $900
2022 $1,059 $115,800 $114,900 $900
2021 $0 $115,800 $114,900 $900
2020 $722 $64,300 $62,700 $1,600
2019 $722 $64,300 $62,700 $1,600
2018 $722 $64,300 $62,700 $1,600
2017 $686 $61,100 $59,500 $1,600
2016 $555 $50,100 $49,300 $800
2015 $531 $50,100 $49,300 $800
2014 $508 $50,100 $49,300 $800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100461867

Hive MLS

APN: R04813-028-005-000