NOT LISTED FOR SALE

5700 Myrtle Grove Rd Wilmington, NC 28409

Myrtle Grove Neighborhood

Estimated Value: $442,000 - $506,306

2 Beds
2 Baths
2,060 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $424,900 $206 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,757/month

16 Days on Market

Highlights

  • 0.95 Acre Lot
  • Deck
  • No HOA
  • Heyward C. Bellamy Elementary School Rated A-
  • Bonus Room
  • Porch

About This Home

As of March 2023

Many possibilities with this property! Sitting on almost a full acre of land gives you the option to build your own little compound in the heart of Midtown Wilmington! Currently a nice 2,000 plus sqft home and additional structure are on the property that is currently owner occupied. Other possibilities include subdividing the land and building new. You could also clear the land, rezone and build multiple properties. You could even renovate and add additional units for rental income for what is currently there.

Last Agent to Sell the Property

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington Listed on: 01/16/2023

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Monica Greene

RE/MAX Homestead Swansboro License #215007

RE/MAX Homestead Swansboro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1996

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 208x201.8x208x201.8
  • Property is zoned R-15

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Bellamy Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Masonboro Subdivision

Listing and Financial Details

  • Tax Lot 6262
  • Assessor Parcel Number R07616-001-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors
  • Laundry Location: Room
  • List Price per Sq Ft: 206.26
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Bonus Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2060.00
  • Total Heated Primary Separate Sq Ft: 2060.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Detached Garage Spaces: 2.00
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Existing Well
  • Utilities: Septic On Site, Well Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Book: 9910
  • Deed Page: 1419.00
  • Lot Acres: 0.95
  • Lot Dimensions: 208x201.8x208x201.8
  • Lot Number: 6262
  • Lot Sq Ft: 2060.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R07616-001-002-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1751.83

MLS Schools

  • Elementary School: Bellamy
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 2, 2023
Sold by
Mcdade Deborah
Bought by
Woo Thomas Anthony
Seller's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
Buyer's Agent
Monica Greene
RE/MAX Homestead Swansboro
List Price
$424,900
Sold Price
$424,900
Views
113
Current Estimated Value
$478,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,427
Avg. Annual Appreciation
5.32%
Original Mortgage
$424,900
Outstanding Balance
$413,968
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
$67,919

Purchase Details

Closed on
Jan 13, 2014
Sold by
Blackwood John C and Blackwood Patricia Fay
Bought by
Mcdade Samuel and Mcdade Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 17, 2012
Closed on
May 24, 2013
Sold by
Rutledge Mark A
Bought by
Blackwood John C and Blackwood Patricia Fay
Seller's Agent
Cami Jackson
BlueCoast Realty Corporation
Buyer's Agent
Cami Jackson
BlueCoast Realty Corporation
List Price
$230,300
Sold Price
$121,550
Premium/Discount to List
-$108,750
-47.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%

Purchase Details

Closed on
Sep 4, 1992
Sold by
Merritt Edgar Grove Viola
Bought by
Howard Arthur R

Purchase Details

Closed on
Aug 26, 1992
Sold by
Merritt Edgar Grove Viola
Bought by
Howard Arthur R

Purchase Details

Closed on
Mar 1, 1971
Bought by
Merritt Edgar Grove Sae
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
Woo Thomas Anthony $425,000 --
Mcdade Samuel $220,000 None Available
Blackwood John C $122,000 None Available
Howard Arthur R -- --
Howard Arthur R $5,000 --
Merritt Edgar Grove Sae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woo Thomas Anthony $424,900
Previous Owner Mcdade Samuel $21,305
Previous Owner Mcdade Samuel $21,165
Previous Owner Mcdade Samuel $245,624
Previous Owner Mcdade Samuel $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $424,900 0.0% $206 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $424,900 +249.6% $206 / Sq Ft
05/29/2013 05/29/13 Sold $121,550 -47.2% $59 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
05/17/2012 05/17/12 For Sale $230,300 -- $112 / Sq Ft
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 $1,809 $332,100 $87,400 $244,700
2022 $1,820 $332,100 $87,400 $244,700
2021 $1,830 $332,100 $87,400 $244,700
2020 $1,593 $251,900 $56,500 $195,400
2019 $1,593 $251,900 $56,500 $195,400
2018 $1,593 $251,900 $56,500 $195,400
2017 $1,631 $251,900 $56,500 $195,400
2016 $1,616 $233,200 $56,500 $176,700
2015 $1,502 $233,200 $56,500 $176,700
2014 $1,476 $233,200 $56,500 $176,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Domenico Grillo Real Estate Team

    Keller Williams Innovate-Wilmington

    (910) 777-2200

    5 in this area

    644 Total Sales

    Section Image
  • Monica Greene

    Buyer's Agent in 2023

    Monica Greene

    RE/MAX

    (252) 342-3889

    1 in this area

    88 Total Sales

    Section Image

  • C

    Seller's Agent in 2013

    Cami Jackson

    BlueCoast Realty Corporation

See All Agents

Map

Source: Hive MLS

MLS Number: 100364972

Hive MLS

APN: R07616-001-002-000

North Carolina New Hanover County Wilmington 28409 Myrtle Grove

5700 Myrtle Grove Rd, Wilmington, NC

This home is located at 5700 Myrtle Grove Rd, Wilmington, NC 28409 since 16 January 2023 and is currently estimated at $478,327, approximately $232 per square foot. This property was built in 1996. 5700 Myrtle Grove 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.

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