NOT LISTED FOR SALE

Estimated Value: $1,447,000 - $1,494,163

0.4 Acres
$3,696,352 Price per Acre
17,424 Sq Ft Lot

Last Sold July 28, 2020

Last sale price $250,000

Est. 491% increase in value since last sale

Current estimated payment $8,542/month

44 Days on Market

Highlights

  • Waterfront Community
  • On Golf Course
  • Pond View
  • Wrightsville Beach Elementary School Rated A
  • Gated Community
  • Community Basketball Court

About This Lot

As of July 2020

A golf course lot with pond views in one of the premier gated communities on the East Coast bordering the Intracoastal Waterway and Howes Creek. This fabulous home site fronts Landfall's Jack Nicklaus Golf course Pine #8. With 110 ft of golf course frontage you will have the chance for a great outdoor setting! A large lot that could potentially accommodate all major living on the first floor, a 3 car garage, a circle drive, a pool and/or more. Cleared and ready for the construction of your dream home! Located on a sidewalk lined street and close to the Arboretum Military Cutoff Gate for easy access in and out of the community. Biking distance to Wrightsville Beach, Mayfaire Towne Center, The Forum and many great locally owned restaurants. Ask agent about area builders to learn more about building a custom home.See attached 2017 survey.

Last Agent to Sell the Property

Nicole Valentine

Intracoastal Realty Corp License #267576 Listed on: 05/06/2020

Intracoastal Realty Corp

Last Buyer's Agent

Carla Lewis

Intracoastal Realty Corp License #261273

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Level Lot
  • Property is zoned R-20

HOA Fees

  • $271 Monthly HOA Fees

Property Views

  • Pond Views

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number R05114-009-049-000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Community Basketball Court
  • Community Playground
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Lot Details

0.4 Acres

HOA Fees

$271 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 625000.00
  • Lot View Type: Pond View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available, Municipal Water Available, Natural Gas Available

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Basketball, Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Playground, Security, See Remarks, Sidewalk, Street Lights, Tax Comm Areas, Trails
  • H O A Association Fee1 Year: 3253.00
  • H O A H O A1 Mgmt Company: Landfall COA

Schools

  • Elementary School: Wrightsville Beach
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Lot Info

  • Cobra Zone: No
  • Deed Page: 2747.00
  • Lot Description: On Golf Course, Subdivision
  • Lot Dimensions: see attached survey
  • Lot Number: 29
  • Lot Sq Ft: 17581.00
  • Lot Water Features: Waterfront Comm
  • Zoning: R-20
  • Acres: 0.40
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level
  • Lot Number2: 29

Tax Info

  • Tax Identifier: R05114-009-049-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jul 27, 2020
Sold by
Keenan Thomas J and Keenan Pamela C
Bought by
Frazelle Graham B and Frazelle Anna L
Seller's Agent
Nicole Valentine
Intracoastal Realty Corp
Buyer's Agent
Carla Lewis
Intracoastal Realty Corp
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$1,478,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,541
Avg. Annual Appreciation
37.04%

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jun 18, 2015
Sold by
Katsaros Constantine and Katsaros Sharon
Bought by
Keenan Thomas J and Keenan Pamela C
Seller's Agent
Argie Franck
Intracoastal Realty Corp
Buyer's Agent
Becky Spivey
Landfall Realty, LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%

Purchase Details

Closed on
Sep 4, 2008
Sold by
Pelagic Properties Inc
Bought by
Katsaros Constantine and Katsaros Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2005
Sold by
Landfall Associates Llc
Bought by
Pelagic Properties Inc

Purchase Details

Closed on
Jul 22, 2003
Sold by
Landfall Associates
Bought by
Landfall Associates Llc

Purchase Details

Closed on
Jul 1, 1987
Sold by
Landfall Associates
Bought by
Landfall Associates

Purchase Details

Closed on
Dec 1, 1986
Sold by
Akers Anthony B Jane Pope
Bought by
Landfall Associates
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Frazelle Graham B $250,000 None Available
Keenan Thomas J $260,000 None Available
Katsaros Constantine $200,000 None Available
Pelagic Properties Inc $726,000 None Available
Landfall Associates Llc $9,281,000 --
Landfall Associates -- --
Landfall Associates $4,246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katsaros Constantine $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2020 07/28/20 Sold $250,000 0.0% --
06/19/2020 06/19/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $250,000 -3.8% --
07/31/2015 07/31/15 Sold $260,000 -5.5% -- View Prior Sale
06/11/2015 06/11/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $275,000 -- --
Source: Hive MLS

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 $6,935 $1,178,500 $520,700 $657,800
2023 $6,070 $718,400 $259,100 $459,300
2022 $6,106 $718,400 $259,100 $459,300
2021 $2,217 $259,100 $259,100 $0
2020 $2,215 $210,300 $210,300 $0
2019 $2,215 $210,300 $210,300 $0
2018 $2,215 $210,300 $210,300 $0
2017 $2,215 $210,300 $210,300 $0
2016 $1,876 $169,300 $169,300 $0
2015 $1,793 $169,300 $169,300 $0
2014 $1,717 $169,300 $169,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100216252

Hive MLS

APN: R05114-009-049-000

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