NOT LISTED FOR SALE

5122 Old Myrtle Grove Rd Wilmington, NC 28409

Intracoastal Waterway Neighborhood

Estimated Value: $449,000 - $1,037,000

1 Acre
$845,426 Price per Acre
43,560 Sq Ft Lot

Last Sold October 15, 2018

Last sale price $137,500 $100 Per Sq Ft

Est. 515% increase in value since last sale

Current estimated payment $4,843/month

40 Days on Market

About This Lot

As of October 2018

Beautiful one acre lot on Old Myrtle Grove Road. ICWW at the end of the street. This is a nice level rectangle shaped lot with mature trees. No HOA! Build your own estate with room to stretch out & feel like you're in the country, yet close to everything.Community water. Buyer needs to refresh existing or put in new septic. There are very few buildable lots left in 28409. Enjoy hearing the ocean at night and coastal breezes. Not in city limits.

Last Agent to Sell the Property

Mary Price

Living Seaside Realty Group License #189948 Listed on: 07/16/2018

Last Buyer's Agent

Chip Moore

Hanover Real Estate Partners License #280292

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $824

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 209x217x209x223
  • Cleared Lot
  • Property is zoned R15

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R07612-004-005-000

Property Details

Property Type

Land

Est. Annual Taxes

$824

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 209

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2006.00
  • Lot Description: See Remarks
  • Lot Dimensions: 209x217x209x223
  • Lot Sq Ft: 43560.00
  • Lot Water Features: None
  • Zoning: R15
  • Acres: 1.00
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 160000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: R07612-004-005-000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 824.00
  • Total Real Estate Property Taxes: 824.00
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 12, 2018
Sold by
Lynch Associates Llc
Bought by
Thompson Jeff and Thompson Kelly
Seller's Agent
Mary Price
Living Seaside Realty Group
Buyer's Agent
Chip Moore
Hanover Real Estate Partners
List Price
$160,000
Sold Price
$137,500
Premium/Discount to List
-$22,500
-14.06%
Current Estimated Value
$845,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,926
Avg. Annual Appreciation
30.24%

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jul 29, 2014
Sold by
Cape Fear Free Will Baptist Church
Bought by
Lynrich Associates Llc
Seller's Agent
Michael Wolf
Neighbour Realty & Associates
Buyer's Agent
A Non Member
A Non Member
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%

Purchase Details

Closed on
May 5, 1964
Sold by
Dean Ellis D Linnea T
Bought by
Dean Ellis D

Purchase Details

Closed on
Aug 30, 1958
Sold by
Culverhouse Samuel H Mattie D
Bought by
Dean Ellis D Linnea T
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
Thompson Jeff $137,500 None Available
Lynrich Associates Llc $85,000 None Available
Dean Ellis D -- --
Dean Ellis D Linnea T $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Jeffrey G $327,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $137,500 -14.1% $100 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $160,000 +88.2% $117 / Sq Ft
07/29/2014 07/29/14 Sold $85,000 -29.2% $60 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $120,000 -- $85 / 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
2023 $2,833 $528,100 $200,100 $328,000
2022 $2,854 $528,100 $200,100 $328,000
2021 $2,903 $528,100 $200,100 $328,000
2020 $805 $127,200 $127,200 $0
2019 $805 $127,200 $127,200 $0
2018 $805 $127,200 $127,200 $0
2017 $824 $127,200 $127,200 $0
2016 $551 $79,500 $79,500 $0
2015 $1,066 $165,600 $79,500 $86,100
2014 $524 $165,600 $79,500 $86,100
Source: Public Records

Agents Affiliated with this Home

  • Mary Price

    Seller's Agent in 2018

    Mary Price

    Living Seaside Realty Group

    (910) 239-3201

    28 Total Sales

    Mary Price
    Section Image
  • Chip Moore

    Buyer's Agent in 2018

    Chip Moore

    Hanover Real Estate Partners

    (910) 660-8586

    1 in this area

    53 Total Sales

    Chip Moore
    Section Image

  • M

    Seller's Agent in 2014

    Michael Wolf

    Neighbour Realty & Associates

  • A

    Buyer's Agent in 2014

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100125869

Hive MLS

APN: R07612-004-005-000

North Carolina New Hanover County Wilmington 28409 Intracoastal Waterway

5122 Old Myrtle Grove Rd, Wilmington, NC

This home is located at 5122 Old Myrtle Grove Rd, Wilmington, NC 28409 since 16 July 2018 and is currently estimated at $845,426, approximately $617 per square foot. 5122 Old Myrtle Grove Rd is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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