$38,000
SOLD SEP 13, 2013

507 Mcginnis Ln Wilmington, NC 28412

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

Recently Sold

6% Above List Price

About This Lot

As of August 2021

This home is located at 507 Mcginnis Ln, Wilmington, NC 28412 and is currently priced at $38,000. 507 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: 09/13/2013

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,813

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 15

Property Details

Property Type

Land

Est. Annual Taxes

$1,813

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: 15
  • Lot Sq Ft: 12197.00
  • Zoning: R-10
  • Acres: 0.28
  • List Price per Acre: 128571.43
  • Lot Number2: 15

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
May 18, 2021
Closed on
Jul 30, 2021
Sold by
Tavema Charles J and Tavema Nancy A
Bought by
Mcbride Cynthia and Gamez Marcos G
Seller's Agent
Jim Spicuzza
Coastal Properties
Buyer's Agent
Nicole Valentine
Intracoastal Realty Corp
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%
Current Estimated Value
$576,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,690
Avg. Annual Appreciation
8.17%
Original Mortgage
$340,000
Outstanding Balance
$312,607
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$272,545

Purchase Details

Listed on
Oct 4, 2013
Closed on
Oct 9, 2013
Sold by
Blanton Building Inc
Bought by
Taverna Charles J and Taverna Nancy A
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Linda Mehner
Just For Buyers Realty, Inc.
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.72%

Purchase Details

Listed on
Sep 13, 2013
Closed on
Aug 1, 2013
Sold by
Tall Shipslanding Llc
Bought by
Blanton Building Inc
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$36,000
Sold Price
$38,000
Premium/Discount to List
$2,000
5.56%

Purchase Details

Listed on
Sep 13, 2013
Closed on
Jul 30, 2013
Sold by
First Troy Spe Llc
Bought by
Tall Ships Landing Llc
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$36,000
Sold Price
$38,000
Premium/Discount to List
$2,000
5.56%

Purchase Details

Closed on
Dec 31, 2009
Sold by
Kirk Pigford Construction Inc
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Dec 15, 2003
Sold by
Galarde John Keisha
Bought by
Galarde Development
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 $425,000 None Available
Warranty Deed $59,000 None Available
Warranty Deed -- None Available
Special Warranty Deed $114,000 None Available
Trustee Deed $2,500,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Credit Line Revolving
Open $340,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $65,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $425,000 +3.7% $169 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $410,000 +594.9% $163 / Sq Ft
10/10/2013 10/10/13 Sold $59,000 0.0% --
10/04/2013 10/04/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $59,000 +55.3% --
09/13/2013 09/13/13 Sold $38,000 +5.6% --
09/13/2013 09/13/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $36,000 -- --
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
2023 $1,813 $337,200 $66,500 $270,700
2022 $1,826 $337,200 $66,500 $270,700
2021 $1,854 $337,200 $66,500 $270,700
2020 $1,942 $307,000 $90,000 $217,000
2019 $1,942 $307,000 $90,000 $217,000
2018 $1,942 $307,000 $90,000 $217,000
2017 $1,988 $307,000 $90,000 $217,000
2016 $1,786 $257,700 $40,400 $217,300
2015 $1,660 $257,700 $40,400 $217,300
2014 $806 $127,300 $40,400 $86,900
Source: Public Records

Agents Affiliated with this Home

  • Jim Spicuzza

    Seller's Agent in 2021

    Jim Spicuzza

    Coastal Properties

    (910) 443-4283

    1 in this area

    115 Total Sales

    Jim Spicuzza
    Section Image
  • Nicole Valentine

    Buyer's Agent in 2021

    Nicole Valentine

    Intracoastal Realty Corp

    (910) 470-7073

    3 in this area

    376 Total Sales

    Nicole Valentine
    Section Image

  • T

    Buyer Co-Listing Agent in 2021

    Tricia Monteleone

    Intracoastal Realty Corp

    (910) 256-4503

    1 in this area

    3 Total Sales

    Tricia Monteleone
    Section Image
  • Keith Beatty

    Seller's Agent in 2013

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    7 in this area

    1,318 Total Sales

    Keith Beatty
    Section Image

  • B

    Seller's Agent in 2013

    Buddy Blake

    RE/MAX

  • L

    Buyer's Agent in 2013

    Linda Mehner

    Just For Buyers Realty, Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 30496266

Hive MLS

APN: R07100-003-354-000

North Carolina New Hanover County Wilmington 28412 Pine Hollow

507 Mcginnis Ln, Wilmington, NC

This home is located at 507 Mcginnis Ln, Wilmington, NC 28412 and is currently priced at $38,000. 507 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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