NOT LISTED FOR SALE

Estimated Value: $900,942

5 Acres
$180,188 Price per Acre
217,800 Sq Ft Lot

Last Sold April 27, 2023

Last sale price $800,000

Est. 13% increase in value since last sale

Current estimated payment $4,984/month

294 Days on Market

Highlights

  • 5 Acre Lot
  • Wooded Lot
  • No HOA
  • Roland-Grise Middle School Rated A-

About This Lot

As of April 2023

You will not want to miss this unique opportunity for development within the Wilmington city limits! This beautiful 29.25 acre wooded parcel is located in the Greenville Sound area. Seller is willing to sell 5 acres up to entire parcel or as two separate parcels and offer a first right of refusal on remaining piece. Buyer to perform any/all inspections at buyers expense.

Last Agent to Sell the Property

Karen Gaskill

RE/MAX Executive Listed on: 02/21/2022

Last Buyer's Agent

Team Archer

Brick & Mojo, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,500

Lot Details

  • 5 Acre Lot
  • Decorative Fence
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-15

Basement

  • Partial Basement

Schools

  • Winter Park Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R06200-003-013-000

Property Details

Property Type

Land

Est. Annual Taxes

$2,500

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: Metal/Ornamental, Partial
  • Road Type Frontage: Paved, Unpaved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 197

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 2317.00
  • Lot Sq Ft: 217800.00
  • Plat Book: 73
  • Plat Page: 77
  • Zoning: R-15
  • Acres: 5.00
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 940000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Wooded

Tax Info

  • Tax Identifier: R06200-003-013-000
  • Tax Year: 2021

MLS Schools

  • Elementary School: Winter Park
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 19, 2023
Sold by
Archer Chauncey James and Archer Stefanie S
Bought by
Mojo Investments Llc
Seller's Agent
Karen Gaskill
RE/MAX Executive
Buyer's Agent
Team Archer
Brick & Mojo, LLC
List Price
$5,500,000
Sold Price
$800,000
Premium/Discount to List
-$4,700,000
-85.45%
Total Days on Market
294
Views
53
Current Estimated Value
$900,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,942
Avg. Annual Appreciation
5.01%
Original Mortgage
$640,000
Outstanding Balance
$622,874
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$278,068

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 27, 2023
Sold by
Woody Robert C and Woody Judy
Bought by
Archer Chauncey James
Seller's Agent
Karen Gaskill
RE/MAX Executive
Buyer's Agent
Team Archer
Brick & Mojo, LLC
List Price
$5,500,000
Sold Price
$800,000
Premium/Discount to List
-$4,700,000
-85.45%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$622,874
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$278,068

Purchase Details

Closed on
Aug 10, 2001
Sold by
Woody Virginia C Widow
Bought by
Woody Virginia

Purchase Details

Closed on
Mar 10, 1993
Sold by
Woody Robert C
Bought by
Woody Virginia

Purchase Details

Closed on
Sep 27, 1962
Sold by
Woody Edna L
Bought by
Woody Robert C Virginia
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
Mojo Investments Llc -- None Listed On Document
Mojo Investments Llc -- None Listed On Document
Archer Chauncey James $800,000 None Listed On Document
Woody Virginia $7,000 --
Woody Virginia -- --
Woody Robert C Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Chauncey James $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $800,000 -83.0% --
12/12/2022 12/12/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $4,700,000 -2.1% --
04/20/2022 04/20/22 Price Changed $4,800,000 -12.7% --
03/16/2022 03/16/22 For Sale $5,500,000 0.0% --
03/07/2022 03/07/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $5,500,000 -- --
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
2024 $2,500 $287,400 $287,400 $0
2023 $2,500 $378,900 $331,400 $47,500
2022 $3,221 $378,900 $331,400 $47,500
2021 $3,243 $378,900 $331,400 $47,500
2020 $5,344 $507,300 $458,200 $49,100
2019 $5,344 $507,300 $458,200 $49,100
2018 $5,344 $507,300 $458,200 $49,100
2017 $5,344 $507,300 $458,200 $49,100
2016 $5,205 $469,800 $412,100 $57,700
2015 $4,975 $469,800 $412,100 $57,700
2014 $4,764 $469,800 $412,100 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100313538

Hive MLS

APN: R06200-003-013-000