NOT LISTED FOR SALE

5501 Peden Point Rd Myrtle Grove, NC 28409

Estimated Value: $210,000

0.49 Acre
$428,571 Price per Acre
21,344 Sq Ft Lot

Last Sold June 28, 2012

Last sale price $25,000

Est. 740% increase in value since last sale

Current estimated payment $1,171/month

395 Days on Market

Highlights

  • Corner Lot
  • Heyward C. Bellamy Elementary School Rated A-
  • No HOA

About This Lot

As of June 2012

Major Price Reduction!!! Will Not Last Long at this new price. Wooded Corner Lot Just Waiting for you to Build Your Dream Home! Possible views of the ICWW Just 1 Block Away from the Water!!!

Last Agent to Sell the Property

David Cummings

Keller Williams Realty Listed on: 05/03/2011

Last Buyer's Agent

David Cummings

Keller Williams Realty Listed on: 05/03/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $747

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 106x213x91x195
  • Corner Lot
  • Property is zoned R-15

Schools

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

Community Details

  • No Home Owners Association
  • Myrtle Grove Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$747

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2538.00
  • Lot Description: Corner Lot
  • Lot Dimensions: 106x213x91x195
  • Lot Sq Ft: 21344.00
  • Zoning: R-15
  • Acres: 0.49
  • Flood Zone: Yes
  • List Price per Acre: 117857.14

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2011
Closed on
Jun 27, 2012
Sold by
First Federal Bank
Bought by
Reinman Paul and Reinman Rebecca
Seller's Agent
David Cummings
Keller Williams Realty
Buyer's Agent
David Cummings
Keller Williams Realty
List Price
$134,000
Sold Price
$25,000
Premium/Discount to List
-$109,000
-81.34%
Current Estimated Value
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,000
Avg. Annual Appreciation
17.42%

Purchase Details

Closed on
Feb 23, 2011
Sold by
Cook Deborah L
Bought by
First Federal Savings & Loan Association

Purchase Details

Closed on
Oct 1, 1977
Bought by
Jarman Deborah Cook
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
Reinman Paul $25,000 None Available
First Federal Savings & Loan Association $135,500 None Available
Jarman Deborah Cook -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Deborah L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $25,000 -81.3% --
06/01/2012 06/01/12 Pending -- -- --
05/03/2011 05/03/11 For Sale $134,000 -- --
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 $747 $143,000 $143,000 $0
2022 $754 $143,000 $143,000 $0
2021 $783 $143,000 $143,000 $0
2020 $484 $76,500 $76,500 $0
2019 $484 $76,500 $76,500 $0
2018 $484 $76,500 $76,500 $0
2017 $495 $76,500 $76,500 $0
2016 $471 $68,000 $68,000 $0
2015 $438 $68,000 $68,000 $0
2014 $430 $68,000 $68,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Cummings

    Keller Williams Realty

  • B

    Buyer Co-Listing Agent in 2012

    Brooke Baker

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 30463041

Hive MLS

APN: R07717-001-001-001

North Carolina New Hanover County Myrtle Grove 28409

5501 Peden Point Rd, Myrtle Grove, NC

This home is located at 5501 Peden Point Rd, Myrtle Grove, NC 28409 since 03 May 2011 and is currently estimated at $210,000. 5501 Peden Point 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