NOT LISTED FOR SALE

7411 Poseidon Point Wilmington, NC 28411

Estimated Value: $432,000

0.47 Acre
$919,149 Price per Acre
20,473 Sq Ft Lot

Last Sold May 03, 2023

Last sale price $292,500

Est. 48% increase in value since last sale

Current estimated payment $2,586/month

19 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Home fronts a creek
  • Marsh on Lot
  • Ogden Elementary School Rated A-
  • Creek or Stream View
  • Maintained Community

About This Lot

As of May 2023

This lot is located in the lovely Hellenic Shores community and features beautiful creek views. This location would be an amazing homesite to build a forever home in an attractive part of the city. Located a couple miles from Wrightsville Beach and the Mayfaire center you won't feel like you are too far from the action while still maintaining privacy in a luxury community.

Last Listed By

Jethwa Real Esta Team

Nest Realty Listed on: 02/06/2023

Nest Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,637

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 114x233x101x214
  • Home fronts a creek
  • 101 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R-20

HOA Fees

  • $45 Monthly HOA Fees

Schools

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

Additional Features

  • Creek or Stream Views
  • Well

Community Details

  • Hellenic Shores Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number R04400-003-181-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,637

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 114
  • Water Frontage: 101.00

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 540.00

Lot Info

  • Deed Book: 6412
  • Deed Page: 254.00
  • Lot Dimensions: 114x233x101x214
  • Lot Number: 28
  • Lot Sq Ft: 20332.00
  • Lot Water Features: None
  • Special Assessments: Yes, Ask Agent
  • Zoning: R-20
  • Acres: 0.47
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 637234.04
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Marsh/Wetland
  • Lot Number2: 28
  • Lot View Type: Creek View

Tax Info

  • Tax Identifier: R04400-003-181-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1637.36

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 22, 2023
Sold by
Blanchard Building & Properties Inc
Bought by
Welsh Joseph Patrick and Oxendine Welsh Mclanie
Seller's Agent
Jethwa Real Esta Team
Nest Realty
Buyer's Agent
Jethwa Real Esta Team
Nest Realty
List Price
$299,500
Sold Price
$292,500
Premium/Discount to List
-$7,000
-2.34%
Total Days on Market
19
Views
42
Current Estimated Value
$432,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,500
Avg. Annual Appreciation
-6.65%

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 8, 2021
Sold by
Harbor Island Investors Llc
Bought by
Blanchard Building & Properties Inc
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Nilesh Jethwa
Nest Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$1,000,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2020
Sold by
Ndp Llc
Bought by
Harbor Island Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
Paliouras Helen C James N
Bought by
Ndp Llc

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
Welsh Joseph Patrick $292,500 --
Blanchard Building & Properties Inc $1,000,000 None Available
Harbor Island Investors Llc $420,000 None Available
Ndp Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blanchard Building & Propertie $217,500
Previous Owner Blanchard Building & Properties Inc $1,000,000
Previous Owner Harbor Island Investors Llc $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $292,500 -2.3% --
02/25/2023 02/25/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $299,500 +19.8% --
02/16/2021 02/16/21 Sold $250,000 0.0% --
01/21/2021 01/21/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $249,900 -- --
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 $1,622 $310,400 $310,400 $0
2022 $1,637 $310,400 $310,400 $0
2021 $1,699 $310,400 $310,400 $0
2020 $1,154 $182,400 $182,400 $0
2019 $1,154 $182,400 $182,400 $0
2018 $1,154 $182,400 $182,400 $0
2017 $1,181 $182,400 $182,400 $0
2016 $1,161 $167,600 $167,600 $0
2015 $1,079 $167,600 $167,600 $0
2014 $1,061 $167,600 $167,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100368149

Hive MLS

APN: R04400-003-181-000