NOT LISTED FOR SALE

518 Pilots Ridge Wilmington, NC 28412

Arrondale Neighborhood

Estimated Value: $566,000 - $683,988

0.45 Acre
$1,429,438 Price per Acre
19,602 Sq Ft Lot

Last Sold June 13, 2019

Last sale price $135,000

Est. 376% increase in value since last sale

Current estimated payment $3,672/month

8 Days on Market

Highlights

  • Gated Community
  • Level Lot
  • 4-minute walk to Veterans Park
  • Edwin A. Anderson Elementary School Rated A-
  • Maintained Community

About This Lot

As of June 2019

No need to fight the get-out-of-town traffic. Fly your plane directly to your vacation home that is just minutes to Carolina and Kure Beaches. You are also a short ride to historic Wilmington. A proposed home for this lot is in the document section. Ask your realtor for a copy. There are only 29 lots in this community and they seldom appear on the market.

Last Agent to Sell the Property

Brad VanAmberg

Coastal Realty Associates LLC Listed on: 04/26/2019

Last Buyer's Agent

The Newman Group

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $822

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 80x260x60x50x24x191
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned R-15

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Anderson Elementary School
  • Murray Middle School
  • Ashley High School

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number R07900-001-480-000

Community Details

Overview

  • Pilots Ridge Aero Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$822

Lot Details

0

HOA Fees

$100 per month

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: Paved, Private
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Maint - Grounds, Maint - Roads, See Remarks
  • HOAAssociationFee1Year: 1200.00

Lot Info

  • Deed Page: 2076.00
  • Lot Description: Development, Subdivision
  • Lot Dimensions: 80x260x60x50x24x191
  • Lot Number: 25
  • Lot Sq Ft: 19602.00
  • Lot Water Features: None
  • Zoning: R-15
  • Acres: 0.45
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 300000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level, Undeveloped
  • Lot Number2: 25

Tax Info

  • Tax Identifier: R07900-001-480-000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 822.00
  • Total Real Estate Property Taxes: 822.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Anderson
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Harshman Emory and Harshman Cynthia
Bought by
Harshman Emory
Current Estimated Value
$643,247

Purchase Details

Closed on
Sep 13, 2021
Sold by
Gustafson Steven J
Bought by
Harshman Emory and Harshman Cynthia

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 6, 2019
Sold by
Catelli Joseph L
Bought by
Gustafson Steven J
Seller's Agent
Brad VanAmberg
Coastal Realty Associates LLC
Buyer's Agent
The Newman Group
Coldwell Banker Sea Coast Advantage
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.20%
Original Mortgage
$99,375
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2008
Sold by
The Manning Companies Llc
Bought by
Catelli Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harshman Emory -- None Listed On Document
Harshman Emory $140,000 None Available
Gustafson Steven J $135,000 None Available
Catelli Joseph L $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gustafson Steven J $99,375
Previous Owner Catelli Joseph L $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $135,000 0.0% --
05/04/2019 05/04/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $135,000 -- --
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
2025 $2,271 $684,400 $185,900 $498,500
2024 $2,339 $447,600 $150,100 $297,500
2023 $1,094 $209,300 $150,100 $59,200
2022 $792 $150,100 $150,100 $0
2021 $830 $150,100 $150,100 $0
2020 $822 $130,000 $130,000 $0
2019 $822 $130,000 $130,000 $0
2018 $0 $130,000 $130,000 $0
2017 $842 $130,000 $130,000 $0
2016 $901 $130,000 $130,000 $0
2015 $837 $130,000 $130,000 $0
2014 $823 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brad VanAmberg

    Coastal Realty Associates LLC

  • T

    Buyer's Agent in 2019

    The Newman Group

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100162531

Hive MLS

APN: R07900-001-480-000

North Carolina New Hanover County Wilmington 28412 Arrondale

518 Pilots Ridge, Wilmington, NC

Not Listed for Sale

Lots

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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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