NOT LISTED FOR SALE

Estimated Value: $410,000

0.36 Acre
$1,138,889 Price per Acre
15,682 Sq Ft Lot

Last Sold August 16, 2021

Last sale price $650,000

Est. 37% decrease in value since last sale

Current estimated payment $2,378/month

6 Days on Market

Highlights

  • 79 Feet of Waterfront
  • Ocean View
  • No HOA
  • Edwin A. Anderson Elementary School Rated A-
  • Property is near a marina
  • Level Lot

About This Lot

As of August 2021

You couldn't create a more perfect property if you tried. Where else can you watch the sun rise over the ocean from the mainland/ground level? 7315 Coastal Ave is positioned perfectly, facing straight out of the Carolina Beach Inlet, between Masonboro Island and Freeman Park. Majestic Live Oaks, lush green grass and waterfront to the ICW make this property, truly, one of a kind. Cleared and landscaped, with a sheet pile bulked already in place, this property has it all. Undeveloped properties like this were thought to be extinct in our area...until now.Don't wait on one of the last remaining ''pieces of paradise'' to slip away-> schedule your showing today!*Please also check out 7311 Coastal Ave(adjacent lot) MLS 100279918

Last Agent to Sell the Property

Kevin Mckoy

Network Real Estate License #186237 Listed on: 07/07/2021

Last Buyer's Agent

Julie Becker

Keller Williams Innovate-Wilmington License #302182

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,530

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 75x227x79x197
  • 79 Feet of Waterfront
  • Level Lot
  • Cleared Lot
  • Property is zoned R-15

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • Ocean Views
  • In Flood Plain

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R08507-003-002-000

Community Details

Overview

  • No Home Owners Association
  • Tuckerburnett Subdivision

Recreation

  • Property is near a marina
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$2,530

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front, Marina Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Unpaved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 75
  • Water Frontage: 79.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: No Sewer, No Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 60.00
  • Lot Description: Partially Cleared
  • Lot Dimensions: 75x227x79x197
  • Lot Number: 3
  • Lot Sq Ft: 15734.00
  • Lot Water Features: Bulkhead
  • Plat Book: 3755
  • Plat Page: 60
  • Zoning: R-15
  • Acres: 0.36
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1666666.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Cleared/Partial, Flood Plain, Level
  • Lot Number2: 3
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R08507-003-002-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2530.00
  • Deferred Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Key Gemmie Y
Bought by
Key Gemmie Y and Key Adam Ross
Current Estimated Value
$410,000

Purchase Details

Closed on
Mar 26, 2024
Sold by
Ross Key Adam and Simkins Sarah
Bought by
Key Gemmie Y

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 11, 2021
Sold by
Stahl Brian A and Stahl Janice G
Bought by
Key Adam Ross and Key Sarah Ruth
Seller's Agent
Kevin Mckoy
Network Real Estate
Buyer's Agent
Julie Becker
Keller Williams Innovate-Wilmington
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.74%
Original Mortgage
$422,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Fisher Lois B
Bought by
Titan Ventures Llc

Purchase Details

Closed on
Oct 14, 2002
Sold by
Fisher Edward W
Bought by
Fisher Lois B

Purchase Details

Closed on
Feb 26, 1990
Sold by
Nc Dept Natural Resources
Bought by
Fisher Edward W Lois B

Purchase Details

Closed on
Sep 25, 1968
Sold by
Tucker Glenn M Blanche S
Bought by
Fisher Edward W Lois B
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
Key Gemmie Y $604,000 None Listed On Document
Key Gemmie Y $1,200,000 None Listed On Document
Key Adam Ross $650,000 None Available
Stahl Brian A -- None Available
Titan Ventures Llc $240,000 --
Fisher Lois B -- --
Fisher Edward W Lois B -- --
Fisher Edward W Lois B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Key Adam Ross $422,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $650,000 +8.3% --
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $600,000 -- --
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 $1,723 $329,700 $317,700 $12,000
2022 $1,739 $329,700 $317,700 $12,000
2021 $0 $329,700 $317,700 $12,000
2020 $2,530 $400,000 $388,800 $11,200
2019 $2,569 $406,100 $388,800 $17,300
2018 $0 $406,100 $388,800 $17,300
2017 $2,630 $406,100 $388,800 $17,300
2016 $2,694 $388,800 $388,800 $0
2015 $2,504 $388,800 $388,800 $0
2014 $2,461 $388,800 $388,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100279916

Hive MLS

APN: R08507-003-002-000