NOT LISTED FOR SALE

Estimated Value: $766,000 - $1,824,139

1.59 Acres
$849,865 Price per Acre
69,260 Sq Ft Lot

Last Sold March 13, 2019

Last sale price $315,000

Est. 329% increase in value since last sale

Current estimated payment $8,058/month

613 Days on Market

Highlights

  • 287 Feet of Waterfront
  • 1.59 Acre Lot
  • Property fronts a marsh
  • Masonboro Elementary School Rated A
  • No HOA
  • Marsh on Lot

About This Lot

As of March 2019

Marsh front lot on Hewlett's Creek in desirable upscale neighborhood off Pine Grove Road. Over 275 feet of waterfront with long views over water and marsh; a bird watcher and nature lovers delight. Build the home of your dreams on the over sized lot or subdivide to add value.

Last Agent to Sell the Property

Tee Woodbury

Intracoastal Realty Corp License #73493 Listed on: 06/09/2017

Last Buyer's Agent

Sherwood Strickland

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,342

Lot Details

  • 1.59 Acre Lot
  • Property fronts a marsh
  • 287 Feet of Waterfront
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R-15

Property Views

  • Water Views

Schools

  • Masonboro Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Listing and Financial Details

  • Assessor Parcel Number R06217-002-020-000

Community Details

Overview

  • No Home Owners Association
  • The Reserve At Masonboro Subdivision

Recreation

  • Access to marsh

Property Details

Property Type

Land

Est. Annual Taxes

$8,342

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 215
  • Water Frontage: 287.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke 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

  • Lot Sq Ft: 69260.00
  • Lot Water Features: Marsh Front, Salt Marsh, Water Access Comm
  • Zoning: R-15
  • Acres: 1.59
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 201257.86
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Marsh/Wetland

Tax Info

  • Tax Identifier: R06217-002-020-000
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 1757.00

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Roland Grise
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Mar 11, 2019
Sold by
Efird Family Properties Llc
Bought by
Drish John Michael and Drish Melanie Dawn
Seller's Agent
Tee Woodbury
Intracoastal Realty Corp
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$328,000
Sold Price
$315,000
Premium/Discount to List
-$13,000
-3.96%
Current Estimated Value
$1,351,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036,285
Avg. Annual Appreciation
24.78%
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 9, 2003
Sold by
Efird Family Properties Llc
Bought by
Reserve At Masonboro Llc The

Purchase Details

Closed on
Sep 21, 2001
Sold by
Efird Family Properties Llc
Bought by
Wilmington City Of

Purchase Details

Closed on
Dec 18, 1998
Sold by
Efird Hazel Mceachern
Bought by
Efird Family Properties Llc
Source: Public Records

Range of Values:

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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
Drish John Michael $315,000 None Available
Reserve At Masonboro Llc The -- --
Wilmington City Of $21,000 --
Efird Family Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drish John Michael $600,000
Closed Drish John Michael $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $315,000 -4.0% --
02/12/2019 02/12/19 Pending -- -- --
06/09/2017 06/09/17 For Sale $328,000 -- --
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 $8,342 $722,100 $331,800 $390,300
2022 $2,995 $352,300 $331,800 $20,500
2021 $3,015 $352,300 $331,800 $20,500
2020 $2,221 $210,800 $190,300 $20,500
2019 $2,005 $190,300 $190,300 $0
2018 $2,005 $190,300 $190,300 $0
2017 $2,005 $190,300 $190,300 $0
2016 $1,757 $158,600 $158,600 $0
2015 $1,680 $158,600 $158,600 $0
2014 $1,608 $158,600 $158,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100067242

Hive MLS

APN: R06217-002-020-000