NOT LISTED FOR SALE

5251 Old Myrtle Grove Rd Wilmington, NC 28409

Estimated Value: $419,000 - $658,000

0.33 Acre
$1,778,618 Price per Acre
14,375 Sq Ft Lot

Last Sold September 18, 2019

Last sale price $115,000

Est. 410% increase in value since last sale

Current estimated payment $3,270/month

408 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Heyward C. Bellamy Elementary School Rated A-
  • No HOA

About This Lot

As of September 2019

Pretty vacant lot with deeded water access to the ICWW. Lovely camellias and mature trees. No HOA. No time frame to build. Public boat ramp one mile away. Build your dream home with room to stretch out. Community water and sewer. There are very few buildable lots left in 28409 and close to the water. Enjoy hearing the ocean at night and coastal breezes. Don't forget your paddle boards and your kayaks. Awesome setting. Cleared.

Last Agent to Sell the Property

Mary Price

Living Seaside Realty Group License #189948 Listed on: 06/27/2018

Last Buyer's Agent

Brett Knowles

Coldwell Banker Sea Coast Advantage License #173727

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $416

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115x125
  • Property fronts a private road
  • Property fronts an alley
  • Street terminates at a dead end
  • Cleared Lot
  • Property is zoned R-15

Schools

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

Utilities

  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R07612-003-022-000

Community Details

Overview

  • No Home Owners Association
  • Arcadia Subdivision

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$416

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: Alley, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 125

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Fuel Tank Ownership: Owned
  • 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, Municipal Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1146.00
  • Lot Description: Dead End
  • Lot Dimensions: 115x125
  • Lot Sq Ft: 14375.00
  • Lot Water Features: Deeded Water Access, Water Access Comm
  • Plat Book: 3773
  • Plat Page: 618
  • Zoning: R-15
  • Acres: 0.33
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 454545.45
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Undeveloped

Tax Info

  • Tax Identifier: R07612-003-022-000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 416.00
  • Total Real Estate Property Taxes: 416.00
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Sep 12, 2019
Sold by
Lynrich Associates Llc
Bought by
Cantrelle Andrew and Cantrelle Emily
Seller's Agent
Mary Price
Living Seaside Realty Group
Buyer's Agent
Brett Knowles
Coldwell Banker Sea Coast Advantage
List Price
$160,000
Sold Price
$115,000
Premium/Discount to List
-$45,000
-28.12%
Current Estimated Value
$586,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,944
Avg. Annual Appreciation
30.98%
Original Mortgage
$86,250
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 10, 2016
Closed on
Jun 3, 2016
Sold by
Filiberti Gregory P and Filiberti Margaret A
Bought by
Lynrich Associates Llc
Seller's Agent
Mary Price
Living Seaside Realty Group
Buyer's Agent
Mary Price
Living Seaside Realty Group
List Price
$249,000
Sold Price
$95,000
Premium/Discount to List
-$154,000
-61.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
May 5, 2003
Sold by
King Joyce Glen
Bought by
Filiberti Gregory P Margaret A

Purchase Details

Closed on
Oct 31, 2002
Sold by
King Joe Earl
Bought by
King Joyce Glen

Purchase Details

Closed on
Jul 31, 1973
Sold by
Cullins Jacob P Vivian Wood
Bought by
King Joe Earl Joyce Glen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cantrelle Andrew $115,000 None Available
Lynrich Associates Llc $95,000 None Available
Filiberti Gregory P Margaret A $150,000 --
King Joyce Glen -- --
King Joe Earl Joyce Glen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantrelle Andrew $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $115,000 -28.1% --
08/08/2019 08/08/19 Pending -- -- --
06/26/2018 06/26/18 For Sale $160,000 +68.4% --
06/03/2016 06/03/16 Sold $95,000 -61.8% --
04/25/2016 04/25/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $249,000 -- --
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 $1,910 $131,300 $131,100 $200
2022 $693 $131,300 $131,100 $200
2021 $0 $131,300 $131,100 $200
2020 $406 $64,200 $64,000 $200
2019 $406 $64,200 $64,000 $200
2018 $406 $64,200 $64,000 $200
2017 $416 $64,200 $64,000 $200
2016 $523 $75,400 $64,000 $11,400
2015 $486 $75,400 $64,000 $11,400
2014 $477 $75,400 $64,000 $11,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Price

    Seller's Agent in 2019

    Mary Price

    Living Seaside Realty Group

    (910) 239-3201

    29 Total Sales

    Mary Price
    Section Image
  • Brett Knowles

    Buyer's Agent in 2019

    Brett Knowles

    Coldwell Banker Sea Coast Advantage

    (910) 279-3000

    3 in this area

    148 Total Sales

    Brett Knowles
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100123023

Hive MLS

APN: R07612-003-022-000

North Carolina New Hanover County Wilmington 28409

5251 Old Myrtle Grove Rd, Wilmington, NC

This home is located at 5251 Old Myrtle Grove Rd, Wilmington, NC 28409 since 27 June 2018 and is currently estimated at $586,944. 5251 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

Nearby Homes