NOT LISTED FOR SALE

7 Cedar Island Wilmington, NC 28409

Greenville Loop Neighborhood

Estimated Value: $3,721,000 - $6,640,060

4 Beds
3.5 Baths
4,038 Sq Ft
$1,284/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $2,200,000 $545 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $29,622/month

449 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • Home fronts a sound
  • Roland-Grise Middle School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of June 2020

Waterfront home facing southeast with unsurpassed views of the Intracoastal Waterway and Masonboro Island. This home was designed by renowned modern architect Haywood Newkirk and custom built by Fred Murray Construction for the present owners' family. Great room with vaulted tongue and groove ceiling. Located close to Masonboro Inlet and Wrightsville Beach on a private island with its own boat dock and tennis court.

Last Agent to Sell the Property

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 01/24/2019

Intracoastal Realty Corp

Last Buyer's Agent

Lanier Property Group

Intracoastal Realty Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,695

Year Built

  • Built in 1979

Lot Details

  • 2.74 Acre Lot
  • Lot Dimensions are 145x741x360x474
  • Home fronts a creek
  • Home fronts a sound
  • Property fronts a private road
  • Wood Fence
  • Chain Link Fence
  • Property is zoned R-20

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal
  • Creek or Stream

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,038 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Unpaved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Bulkhead
  • Boat Slip
  • Deck
  • Covered Patio or Porch
  • Gazebo

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R06700-003-003-008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,695

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 1979
  • Road Frontage Type: Creek Front, Sound Front, ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Ceiling - Vaulted, Foyer, Wet Bar, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 656.27
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Sq Ft Heated: 4038.00
  • Total Heated Primary Separate Sq Ft: 4038.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Gazebo
  • Fencing: Chain Link, Wood
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1063.00
  • Lot Acres: 2.74
  • Lot Dimensions: 145x741x360x474
  • Lot Sq Ft: 119354.00
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Deeded Waterfront, Deeded Water Access, Bulkhead, Boat Slip
  • Plat Book: 8
  • Plat Page: 30
  • Zoning: R-20
  • Lot View Type: Creek View, ICW View, Water View, Sound View, Ocean View

Tax Info

  • Tax Identifier: R06700-003-003-008
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jun 24, 2020
Sold by
Byrnes John C
Bought by
Taylor Kurt B and Taylor Anna V
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Lanier Property Group
Intracoastal Realty Corp.
List Price
$2,650,000
Sold Price
$2,200,000
Premium/Discount to List
-$450,000
-16.98%
Current Estimated Value
$5,183,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,983,353
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Dec 30, 2005
Sold by
Byrnes John Christopher and Byrnes Margaret June
Bought by
Byrnes John C and Hoenig Barbara B

Purchase Details

Closed on
Aug 12, 1998
Sold by
Byrnes John C Iii Margaret J
Bought by
Byrnes John C Iii Trustee

Purchase Details

Closed on
Jun 26, 1996
Sold by
Byrnes John C Iii Margaret J
Bought by
Byrnes John C

Purchase Details

Closed on
Oct 5, 1975
Sold by
Mayer Franklin B Agnes M
Bought by
Byrnes John C
Source: Public Records

Range of Values:

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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
Taylor Kurt B $2,200,000 None Available
Byrnes John C -- None Available
Byrnes John C Iii Trustee -- --
Byrnes Margaret J Trustee -- --
Byrnes John C -- --
Byrnes Margaret June -- --
Byrnes John C $45,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $2,200,000 -17.0% $545 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
01/24/2019 01/24/19 For Sale $2,650,000 -- $656 / 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 $25,695 $2,953,500 $1,951,700 $1,001,800
2023 $25,695 $2,705,200 $1,951,700 $753,500
2022 $16,878 $1,985,700 $1,930,300 $55,400
2021 $17,178 $2,007,300 $1,930,300 $77,000
2020 $15,274 $1,450,000 $1,146,100 $303,900
2019 $15,274 $1,450,000 $1,146,100 $303,900
2018 $15,274 $1,450,000 $1,146,100 $303,900
2017 $15,274 $1,450,000 $1,146,100 $303,900
2016 $13,292 $1,199,600 $930,100 $269,500
2015 $12,704 $1,199,600 $930,100 $269,500
2014 $12,164 $1,199,600 $930,100 $269,500
Source: Public Records

Agents Affiliated with this Home

  • Lee Crouch

    Seller's Agent in 2020

    Lee Crouch

    Intracoastal Realty Corp

    (910) 256-4503

    1 in this area

    123 Total Sales

    Lee Crouch
    Section Image

  • L

    Buyer's Agent in 2020

    Lanier Property Group

    Intracoastal Realty Corp.

See All Agents

Map

Source: Hive MLS

MLS Number: 100147555

Hive MLS

APN: R06700-003-003-008

North Carolina New Hanover County Wilmington 28409 Greenville Loop

7 Cedar Island, Wilmington, NC

This home is located at 7 Cedar Island, Wilmington, NC 28409 since 24 January 2019 and is currently estimated at $5,183,353, approximately $1,283 per square foot. This property was built in 1979. 7 Cedar Island is a home located in New Hanover County with nearby schools including Bradley Creek Elementary School, Roland-Grise Middle School, and John T. Hoggard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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