NOT LISTED FOR SALE

5424 Fleet Rd Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $208,774 - $215,000

0.95 Acre
$223,039 Price per Acre
41,382 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $70,000

Est. 203% increase in value since last sale

Current estimated payment $1,226/month

7 Days on Market

Highlights

  • 0.95 Acre Lot
  • Wooded Lot
  • Maintained Community
  • Masonboro Elementary School Rated A
  • Corner Lot

About This Lot

As of February 2021

A fresh start! The perfect opportunity to build your dream home on this almost 1 acre lot within the marsh front community of Upper Reach, offering a serene setting with mature wooded areas, large lots, and quiet streets. Enjoy living in one of the most preferred school districts Wilmington has to offer: Parsley Elementary, Roland Grise Middle, and Hoggard High School. Conveniently located and an easy commute to local beaches and boutique shopping, five-star restaurants, Mayfaire, and multiple public boat ramps for your choosing. Drive by to see the natural and quiet setting this wooded lot has to offer as well as the flexibility to use your own builder.

Last Agent to Sell the Property

Sherwood Strickland Group

Coldwell Banker Sea Coast Advantage Listed on: 02/01/2021

Co-Listed By

Diane Strickland

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Sherwood Strickland

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $985

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 59x298x205x361
  • Corner Lot
  • Wooded Lot
  • Property is zoned R-15

HOA Fees

  • $31 Monthly HOA Fees

Schools

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

Community Details

  • Cepco HOA, Phone Number (910) 395-1500
  • Upper Reach Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 38R
  • Assessor Parcel Number R06608005011000

Property Details

Property Type

Land

Est. Annual Taxes

$985

Lot Details

0

HOA Fees

$31 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
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 298

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Tax Comm Areas
  • Annual HOA: 372.00
  • HOA Company: Cepco
  • HOA Phone: 910.395-1500

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4804
  • Deed Page: 832.00
  • Lot Description: Corner Lot, Wooded
  • Lot Dimensions: 59x298x205x361
  • Lot Number: 38R
  • Lot Sq Ft: 41382.00
  • Plat Book: 31
  • Plat Page: 241
  • Zoning: R-15
  • Acres: 0.95
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 73684.21
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks, Wooded
  • Lot Number2: 38R

Tax Info

  • Tax Identifier: R06608005011000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 984.93
  • Deferred Taxes: No

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

Closed on
Oct 16, 2024
Sold by
Oprea Ionela and Burton Terrell Lee
Bought by
Branco Huc
Current Estimated Value
$211,887

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 17, 2021
Sold by
Gerkman John and Rosoff Michelle
Bought by
Oprea Ionela and Burton Terrell Lee
Seller's Agent
Sherwood Strickland Group
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.16%

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jan 15, 2021
Sold by
Gerkman John
Bought by
Gerkman John and Rosoff Michelle
Seller's Agent
Sherwood Strickland Group
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$70,000
Sold Price
$70,000

Purchase Details

Closed on
Aug 20, 2013
Sold by
Gerkman Wendy Lee
Bought by
Gerkman John

Purchase Details

Closed on
May 13, 2005
Sold by
Brinker Jason S and Brinker Amy W
Bought by
Gerkman John and Gerkman Wendy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Rbj Inc
Bought by
Brinker Jason S Amy W

Purchase Details

Closed on
Dec 21, 1988
Sold by
James Roy B
Bought by
Rbj Inc
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
Branco Huc $202,500 None Listed On Document
Oprea Ionela $70,000 None Available
Gerkman John -- None Available
Gerkman John -- None Available
Gerkman John $68,000 None Available
Brinker Jason S Amy W $40,000 --
Rbj Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerkman John $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $70,000 0.0% --
02/08/2021 02/08/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $70,000 -- --
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 $808 $123,900 $123,900 $0
2022 $1,053 $123,900 $123,900 $0
2021 $1,060 $123,900 $123,900 $0
2020 $985 $93,500 $93,500 $0
2019 $985 $93,500 $93,500 $0
2018 $985 $93,500 $93,500 $0
2017 $985 $93,500 $93,500 $0
2016 $1,036 $93,500 $93,500 $0
2015 $990 $93,500 $93,500 $0
2014 $948 $93,500 $93,500 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sherwood Strickland Group

    Coldwell Banker Sea Coast Advantage

  • D

    Seller Co-Listing Agent in 2021

    Diane Strickland

    Coldwell Banker Sea Coast Advantage

  • Sherwood Strickland

    Buyer's Agent in 2021

    Sherwood Strickland

    Coldwell Banker Sea Coast Advantage

    (910) 367-9131

    3 in this area

    302 Total Sales

    Sherwood Strickland
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100254744

Hive MLS

APN: R06608-005-011-000

North Carolina New Hanover County Wilmington 28409 Beasley

5424 Fleet Rd, Wilmington, NC

This home is located at 5424 Fleet Rd, Wilmington, NC 28409 since 01 February 2021 and is currently estimated at $211,887. 5424 Fleet Rd is a home located in New Hanover County with nearby schools including Masonboro Elementary School, Roland-Grise Middle School, and John T. Hoggard 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