NOT LISTED FOR SALE

Estimated Value: $526,000 - $652,155

0.1 Acres
$5,890,780 Price per Acre
4,356 Sq Ft Lot

Sale Details

Date Sold: June 9, 2022

Last sale price $560,000

Est. 15% increase in value since last sale

Current estimated payment $4,049 / mo

76 Days on Market

Highlights

  • Boat Ramp
  • No HOA
  • 2-minute walk to Dram Tree Park
  • Corner Lot

About This Lot

As of June 2022

Unbelievable opportunity to build a dream property on this highly visible corner lot that could have views of the mighty Cape Fear River from the second story. Located just outside of the local historic district and within Urban Mixed Use (UMX) zoning, you have less restrictive possibilities, and are still within an easy walk to the heart of downtown. Travel just a block down the historic brick-lined Castle Street to one of the few public boat ramps on the Cape Fear River. Lot has 2 mature palm trees, several citrus trees and a concrete block wall featuring powdercoated antique fencing enclosing most of the lot, Electric has been run inside the Front and Castle St. walls to allow for both lighting and gate closers. I have had all civil and most of the architectural drawings completed for a 3200 square foot, 2 story Mixed-Use new build that includes a residence above and apartment and retail space on the ground floor. I will include all documents with acceptable offer.

Last Agent to Sell the Property

Grace Hodgkins

Sold Buy the Sea Realty License #237605 Listed on: 01/13/2022

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,183

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66 x 70 x 66 x 70
  • Property fronts a state road
  • Decorative Fence
  • Corner Lot
  • Cleared Lot
  • Property is zoned UMX

Home Design

  • Mixed Use

Schools

  • Snipes Elementary School
  • Williston Middle School
  • New Hanover High School

Additional Features

  • Partial Basement
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number R05409-016-002-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$1,183

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Mixed Use
  • Original List Price: 699000.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 6990000.00
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Fencing: Metal/Ornamental, Partial
  • Road Frontage Type: Maintained, City Street, State Road
  • Waterfront?: No

Utilities

  • Utilities: Natural Gas Available, Sewer Tap Available, Water Connected, Water Tap Available

Condo/Co-op/Association

  • Association Amenities: Ramp
  • Has H O A?: No

Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 2100
  • Deed Page: 228.00
  • Zoning: UMX
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Features: City Lot, Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size: 66 x 70 x 66 x 70
  • Lot Size Sq Ft: 4356.00
  • Purchase Contract Date: 2022-03-29
  • Parcel#: R05409-016-002-000
  • Cobra Zone Y N: No
  • Deed Restriction Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2020
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: R05409-016-002-000
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 1182.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jun 7, 2022
Sold by
Grace Hodgkins
Bought by
Rare Earth Development Llc
Seller's Agent
Grace Hodgkins
Sold Buy the Sea Realty
Buyer's Agent
Sally Seller
Non Member Office
List Price
$867,530
Sold Price
$560,000
Premium/Discount to List
-$307,530
-35.45%
Current Estimated Value
$641,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,892
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Jan 1, 2001
Bought by
Benson E S

Purchase Details

Closed on
Oct 31, 1996
Sold by
Benson E S
Bought by
Hodgkins Grace
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Rare Earth Development Llc $560,000 Butler Firm Pllc
Benson E S -- --
Hodgkins Grace $70,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $560,000 -19.9% --
03/30/2022 03/30/22 Pending -- -- --
03/18/2022 03/18/22 Price Changed $699,000 -4.1% --
03/07/2022 03/07/22 Price Changed $729,000 -6.6% --
02/10/2022 02/10/22 Price Changed $780,777 -10.0% --
01/13/2022 01/13/22 For Sale $867,530 -- --
Source: Hive MLS

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 -- $134,900 $134,900 $0
2023 $514 $60,500 $60,500 $0
2022 $514 $60,500 $60,500 $0
2021 $518 $60,500 $60,500 $0
2020 $1,183 $112,300 $44,100 $68,200
2019 $1,183 $112,300 $44,100 $68,200
2018 $1,183 $112,300 $44,100 $68,200
2017 $1,183 $112,300 $44,100 $68,200
2016 $1,285 $116,000 $44,100 $71,900
2015 $1,228 $116,000 $44,100 $71,900
2014 $1,176 $116,000 $44,100 $71,900
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100307735

Hive MLS

APN: R05409-016-002-000

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