NOT LISTED FOR SALE

5501 Peden Point Rd Myrtle Grove, NC 28409

Estimated Value: $322,000

0.49 Acre
$657,143 Price per Acre
21,344 Sq Ft Lot

Last Sold June 28, 2012

Last sale price $25,000

Est. 1,188% increase in value since last sale

Current estimated payment $1,729/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

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

Lot Details

0

Listing Details

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

Association/Amenities

  • HOA: No

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
$322,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,000
Avg. Annual Appreciation
20.86%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reinman Paul $25,000 None Available
First Federal Savings & Loan Association $135,500 None Available
Jarman Deborah Cook -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $444 $117,300 $117,300 $0
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

Not Listed for Sale

Lots

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