NOT LISTED FOR SALE

Estimated Value: $331,000 - $694,040

5 Acres
$82,422 Price per Acre
230,432 Sq Ft Lot

Last Sold April 02, 2020

Last sale price $428,000 $415 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,651/month

326 Days on Market

Highlights

  • 5.29 Acre Lot
  • No HOA
  • Open Lot
  • John T. Hoggard High School Rated A-

About This Lot

As of April 2020

5.29 acres in prime location for development or mini-estate with potential for horses. Currently zoned R-15, the property has excellent potential to be rezoned for higher density or could accommodate a smaller development under the current zoning ordinance. Adjacent to popular Shell Road Village; 4 miles to Wrightsville Beach; 3.5 miles to the center of UNC-W; easy access to the Cross City Trails. The property consists of three parcels- R05618-001-057-001, R05618-001-101-000, and R05618-001-100-000. House and accessory structures on property convey in as is condition and at no monetary value. Adjacent house and property available for purchase. Please see MLS #100044667 for more information.

Last Agent to Sell the Property

Virginia Christopher

Intracoastal Realty Corp License #218281 Listed on: 04/04/2016

Intracoastal Realty Corp

Last Buyer's Agent

Sherri Ingle

Intracoastal Realty Corp

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,303

Lot Details

  • 5.29 Acre Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R-15

Schools

  • Bradley Creek Elementary School
  • Williston Middle School
  • New Hanover High School

Community Details

  • No Home Owners Association
  • Shell Road Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number R05618-001-101-000

Property Details

Property Type

Land

Est. Annual Taxes

$3,303

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Undeveloped
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 195

Utilities

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

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 269.00
  • Lot Description: Open, Partially Cleared
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 230432.00
  • Plat Book: 35
  • Plat Page: 35
  • Zoning: R-15
  • Acres: 5.29
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 85047.26
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped

Tax Info

  • Tax Identifier: R05618-001-101-000
  • Tax Year: 2015

MLS Schools

  • Elementary School: Bradley Creek
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Mar 31, 2020
Sold by
Neville Brett S and Summerlin Family Revocable Liv
Bought by
Summerlin Place Llc
Seller's Agent
Virginia Christopher
Intracoastal Realty Corp
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$495,000
Sold Price
$428,000
Premium/Discount to List
-$67,000
-13.54%
Current Estimated Value
$436,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,010
Avg. Annual Appreciation
0.35%
Original Mortgage
$321,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 12, 2018
Sold by
Summerlin Herman I and Summerlin Family Irrevocable T
Bought by
Summerlin Herman I and Summerlin Family Irrevocable Trust

Purchase Details

Closed on
Apr 18, 2016
Sold by
Summerlin Herman I and Summerlin Family Irrevocable T
Bought by
Summerlin Herman I

Purchase Details

Closed on
Dec 12, 2012
Sold by
Summerlin Herman I
Bought by
Summerlin Herman I and Summerlin Family Irrevocable Trust

Purchase Details

Closed on
May 1, 1988
Sold by
Summerlin H I Hrs
Bought by
Summerlin H I Jr Joanne
Source: Public Records

Range of Values:

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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
Summerlin Place Llc $428,000 None Available
Neville Brett S -- None Available
Summerlin Herman I -- None Available
Summerlin Herman I -- None Available
Summerlin Herman I -- None Available
Summerlin H I Jr Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerlin Place Llc $315,000
Closed Summerlin Place Llc $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $428,000 -13.5% $415 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
04/04/2016 04/04/16 For Sale $495,000 -- $480 / 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
2024 $3,303 $379,700 $297,800 $81,900
2023 $3,208 $379,700 $297,800 $81,900
2022 $3,227 $379,700 $297,800 $81,900
2021 $3,249 $379,700 $297,800 $81,900
2020 $1,445 $137,200 $57,400 $79,800
2019 $1,445 $137,200 $57,400 $79,800
2018 $1,445 $137,200 $57,400 $79,800
2017 $1,445 $137,200 $57,400 $79,800
2016 $1,333 $120,300 $57,400 $62,900
2015 $1,274 $120,300 $57,400 $62,900
2014 $1,220 $120,300 $57,400 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100008155

Hive MLS

APN: R05618-001-101-000