NOT LISTED FOR SALE

6418 Timber Creek Ln Wilmington, NC 28411

Estimated Value: $1,087,000 - $1,705,589

2 Acres
$707,198 Price per Acre
87,120 Sq Ft Lot

Last Sold December 28, 2012

Last sale price $344,000

Est. 311% increase in value since last sale

Current estimated payment $8,589/month

141 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Boat Slip
  • Community Pool
  • Ogden Elementary School Rated A-
  • 2 Acre Lot
  • Cul-De-Sac

About This Lot

As of December 2012

Exquisite waterfront estate (2 acres) lot with 36 ft. floating dock and 12 ft. gazebo. Beautiful views overlooking Howe Creek and Landfall's picturesque waterfront homes. Parcel has been carefully cleared to maintain the beauty of the natural setting. Average elevation of the lot is 16.5 feet above the waterline! This is a very unique property located close to Mayfaire and Wrightsville Beach. Bring all offers!

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc. License #233506 Listed on: 07/23/2012

Last Buyer's Agent

Patricia Fox

Intracoastal Realty Corp License #139530

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,341

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 201 x 544 x 120
  • Property fronts a marsh
  • 120 Feet of Waterfront
  • Cul-De-Sac
  • Property is zoned R-15

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Ogden Elementary School
  • Noble Middle School
  • Laney High School

Community Details

Overview

  • Timber Creek Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$5,341

Lot Details

0

HOA Fees

$400 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 201
  • Water Frontage: 120.00

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pool
  • Annual HOA: 4800.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 201 x 544 x 120
  • Lot Sq Ft: 87120.00
  • Lot Water Features: Boat Slip, Marsh Front, Waterfront Comm
  • Zoning: R-15
  • Acres: 2.00
  • Flood Zone: No
  • List Price per Acre: 199500.00

MLS Schools

  • Elementary School: Ogden
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Vaughn Richard Carroll and Vaughn Richard Carroll
Bought by
Richard Carroll Vaughn Jr And Kellie Renee Va and Vaughn
Current Estimated Value
$1,414,397

Purchase Details

Listed on
Jul 23, 2012
Closed on
Dec 27, 2012
Sold by
Young Roger L and Young Michelle F
Bought by
Vaughn Richard C and Vaughn Kellie
Seller's Agent
Stephanie Smith
Select Premium Properties Inc.
Buyer's Agent
Patricia Fox
Intracoastal Realty Corp
List Price
$399,000
Sold Price
$344,000
Premium/Discount to List
-$55,000
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$644,542
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2006
Sold by
Musser William M and Musser Renate J
Bought by
Young Roger L and Young Michelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1995
Sold by
Walsh Joseph T Lorene C
Bought by
Musser William A Renate J

Purchase Details

Closed on
Jan 29, 1993
Sold by
Raintree Development Corp
Bought by
Walsh Joseph T Lorene C

Purchase Details

Closed on
Nov 22, 1989
Sold by
Barren Inlet Development Co
Bought by
Raintree Development Corp

Purchase Details

Closed on
Nov 1, 1988
Bought by
Barren Inlet Dev Co
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richard Carroll Vaughn Jr And Kellie Renee Va -- None Listed On Document
Vaughn Richard C $344,000 None Available
Young Roger L $500,000 None Available
Musser William A Renate J $122,000 --
Walsh Joseph T Lorene C $105,000 --
Raintree Development Corp -- --
Barren Inlet Dev Co $1,128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Richard C $484,350
Previous Owner Vaughn Richard C $642,500
Previous Owner Vaughn Richard C $644,542
Previous Owner Young Roger L $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $344,000 -13.8% --
12/11/2012 12/11/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $399,000 -- --
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
2023 $5,341 $1,008,100 $429,500 $578,600
2022 $5,386 $1,008,100 $429,500 $578,600
2021 $5,531 $1,008,100 $429,500 $578,600
2020 $6,125 $968,400 $376,300 $592,100
2019 $6,125 $968,400 $376,300 $592,100
2018 $6,125 $968,400 $376,300 $592,100
2017 $6,270 $968,400 $376,300 $592,100
2016 $5,333 $769,600 $298,600 $471,000
2015 $4,956 $769,600 $298,600 $471,000
2014 $4,872 $769,600 $298,600 $471,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 30479582

Hive MLS

APN: R04419-001-050-000