NOT LISTED FOR SALE

6900 Runningbrook Wilmington, NC 28411

Estimated Value: $1,321,000 - $1,997,716

0.45 Acre
$3,560,398 Price per Acre
19,602 Sq Ft Lot

Last Sold May 07, 2018

Last sale price $210,000

Est. 663% increase in value since last sale

Current estimated payment $9,174/month

32 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Clubhouse
  • Ogden Elementary School Rated A-
  • Creek or Stream View
  • Community Pool

About This Lot

As of May 2018

Cleared and ready for your dream home, this lot is nestled in the beautifully wooded setting of highly-desirable Demarest Landing! At almost a half an acre, this cul de sac lot holds the potential for creek views. The community is situated along Howe Creek and boasts amenities perfect for an active lifestyle or a quiet nature walk: a large community dock to launch canoes and kayaks, walking trails, a Southern-style clubhouse, community pool and tennis court. Demarest Landing is ideally located to quickly enjoy all the shopping, dining and entertainment that historic Wilmington and the Carolina coast has to offer!

Last Agent to Sell the Property

Team KBT Realty

Keller Williams Innovate-Wilmington Listed on: 03/07/2018

Last Buyer's Agent

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,415

Lot Details

  • 0.45 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned R-20S

HOA Fees

  • $203 Monthly HOA Fees

Property Views

  • Creek or Stream Views

Schools

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number R04420-005-008-000

Community Details

Overview

  • Demarest Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Pool
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$6,415

Lot Details

0

HOA Fees

$203 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: No
  • Waterview: No

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Pool, Tennis
  • HOAAssociationFee1Year: 2432.00

Lot Info

  • Deed Page: 2491.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: Irregular
  • Lot Number: 10
  • Lot Sq Ft: 19476.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Special Assessments: Pool Improvements
  • Zoning: R-20S
  • Acres: 0.45
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 500000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 10
  • Lot View Type: Creek View

Tax Info

  • Tax Identifier: R04420-005-008-000
  • Tax Year: 2017

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
Jul 29, 2019
Sold by
Earney Barrett C and Earney Anna D
Bought by
Salling James A and Salling Blair C
Current Estimated Value
$1,602,179

Purchase Details

Listed on
Mar 7, 2018
Closed on
Apr 29, 2018
Sold by
Mccabe Diane V and Peschken Glen R
Bought by
Earney Barrett C and Earney Anna D
Seller's Agent
Team KBT Realty
Keller Williams Innovate-Wilmington
Buyer's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.74%
Original Mortgage
$157,500
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 18, 2015
Closed on
Oct 3, 2016
Sold by
Johnston James R and Johnston Andrea L
Bought by
Mccabe Diane V and Peschken Glen R
Seller's Agent
Sandra Corbett-mcneil
Intracoastal Realty Corp
Buyer's Agent
Team KBT Realty
Keller Williams Innovate-KBT
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
May 17, 2016
Sold by
Johnston James R and Johnston Andrea L
Bought by
Johnston James R and Johnston Andrea L

Purchase Details

Closed on
Dec 14, 2011
Sold by
Rose Elizabeth Ann
Bought by
Johnston James R and Johnston Andrea L

Purchase Details

Closed on
Dec 5, 2002
Sold by
Weatherwax Geoffrey L
Bought by
Weatherwax Elizabeth A

Purchase Details

Closed on
Oct 11, 1996
Sold by
Weatherwax Geoffrey Elizabeth
Bought by
Weatherwax Geoffrey L

Purchase Details

Closed on
Apr 15, 1996
Sold by
Seifts Joseph Stephanie
Bought by
Weatherwax Geoffrey Elizabeth

Purchase Details

Closed on
Feb 10, 1995
Sold by
Demarest Landing Ltd Liability
Bought by
Seifts Joseph Stephanie

Purchase Details

Closed on
Sep 1, 1994
Sold by
Stewart C V Clare H
Bought by
Demarest Landing Ltd Liability
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

Date Buyer Sale Price Title Company
Salling James A $220,000 None Available
Earney Barrett C $210,000 None Available
Mccabe Diane V $185,000 None Available
Johnston James R -- None Available
Johnston James R $160,000 None Available
Weatherwax Elizabeth A -- --
Weatherwax Geoffrey L -- --
Weatherwax Geoffrey Elizabeth $119,000 --
Seifts Joseph Stephanie $97,500 --
Demarest Landing Ltd Liability $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Earney Barrett C $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2018 05/07/18 Sold $210,000 -6.7% --
04/06/2018 04/06/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $225,000 +21.6% --
10/14/2016 10/14/16 Sold $185,000 -11.9% -- View Prior Sale
09/22/2016 09/22/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $210,000 -- --
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
2025 $6,415 $1,675,300 $335,700 $1,339,600
2023 $5,688 $1,074,600 $212,900 $861,700
2022 $5,736 $1,074,600 $212,900 $861,700
2021 $0 $212,900 $212,900 $0
2020 $1,083 $171,300 $171,300 $0
2019 $1,083 $171,300 $171,300 $0
2018 $1,083 $171,300 $171,300 $0
2017 $1,109 $171,300 $171,300 $0
2016 $843 $121,700 $121,700 $0
2015 $784 $121,700 $121,700 $0
2014 $770 $121,700 $121,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100104293

Hive MLS

APN: R04420-005-008-000