NOT LISTED FOR SALE

5308 Peden Point Rd Wilmington, NC 28409

Estimated Value: $192,000 - $254,000

0.72 Acre
$297,792 Price per Acre
31,363 Sq Ft Lot

Last Sold September 26, 2024

Last sale price $190,000

Est. 13% increase in value since last sale

Current estimated payment $1,194/month

180 Days on Market

About This Lot

As of September 2024

Nestled right off Myrtle Grove Road .This property boasts a generous .72-acre lot, blending size with character. Embracing a serene and private ambiance, this parcel is positioned outside city limits, offering a tranquil escape while maintaining accessibility to essential amenities. The absence of a homeowners association affords you the freedom to shape your space according to your unique vision, ensuring a personalized and unhindered living experience.Whether you envision building your dream home or cultivating a serene getaway, 5308 Peden Point Road offers a canvas of possibilities. Secluded yet conveniently located, this property is for those seeking a harmonious blend of natural beauty and space.

Last Agent to Sell the Property

Alex Rosalia

Intracoastal Realty Corp License #309854 Listed on: 03/08/2024

Intracoastal Realty Corp

Last Buyer's Agent

Steven Rosalia

Keller Williams Innovate-KBT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $586

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 190x163x172x185
  • Cleared Lot
  • Property is zoned R-15

Utilities

  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R07616-004-020-000

Property Details

Property Type

Land

Est. Annual Taxes

$586

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Utilities: See Remarks, Well Water

Association/Amenities

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

Lot Info

  • Deed Page: 2206.00
  • Lot Dimensions: 190x163x172x185
  • Lot Number: 2
  • Lot Sq Ft: 31494.00
  • Zoning: R-15
  • Acres: 0.72
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 333333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: 2

Tax Info

  • Tax Identifier: R07616-004-020-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 586.25
  • Deferred Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Sep 20, 2024
Sold by
Southerland B W B and Southerland Elizabeth H
Bought by
Gore Victor S
Seller's Agent
Alex Rosalia
Intracoastal Realty Corp
Buyer's Agent
Alex Rosalia
Intracoastal Realty Corp
List Price
$240,000
Sold Price
$190,000
Premium/Discount to List
-$50,000
-20.83%
Views
95
Current Estimated Value
$214,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,410
Avg. Annual Appreciation
11.84%

Purchase Details

Closed on
Mar 8, 2017
Sold by
Southerland Wanda Forrest
Bought by
Southerland B W and Southerland Elizabeth H

Purchase Details

Closed on
Aug 1, 1982
Sold by
Gore Samuel W Sharon S
Bought by
Southerland Billy B Wanda

Purchase Details

Closed on
Sep 1, 1976
Bought by
Southerland Billy B Wanda
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
Gore Victor S $190,000 None Listed On Document
Gore Victor S $190,000 None Listed On Document
Southerland B W -- None Available
Southerland Billy B Wanda $16,500 --
Southerland Billy B Wanda -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $190,000 -20.8% --
09/04/2024 09/04/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $240,000 0.0% --
09/02/2024 09/02/24 Off Market $240,000 -- --
03/08/2024 03/08/24 For Sale $240,000 -- --
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 $861 $207,900 $198,300 $9,600
2024 -- $112,200 $99,400 $12,800
2023 $0 $112,200 $99,400 $12,800
2022 $0 $112,200 $99,400 $12,800
2021 $486 $112,200 $99,400 $12,800
2020 $486 $76,900 $65,500 $11,400
2019 $486 $76,900 $65,500 $11,400
2018 $0 $76,900 $65,500 $11,400
2017 $498 $76,900 $65,500 $11,400
2016 $539 $77,800 $65,500 $12,300
2015 $501 $77,800 $65,500 $12,300
2014 $492 $77,800 $65,500 $12,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100431846

Hive MLS

APN: R07616-004-020-000