NOT LISTED FOR SALE

7420 Masonboro Sound Rd Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $386,000

4.8 Acres
$80,417 Price per Acre
209,088 Sq Ft Lot

Last Sold April 29, 2020

Last sale price $1,100,000 $1,549 Per Sq Ft

Current estimated payment $2,849/month

608 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 200 Feet of Waterfront
  • Wooded Lot
  • Masonboro Elementary School Rated A
  • 4.8 Acre Lot
  • No HOA

About This Lot

As of April 2020

This water front 4.8 acres tract zoned R-20 has 200 ft of road frontage on Masonboro Sound Rd and approx 200 ft on the Intracoastal Waterway. Due to this property's location it could be developed as residential estate lots.

Last Agent to Sell the Property

Mark Bodford

Intracoastal Realty Corp License #154809 Listed on: 06/22/2018

Intracoastal Realty Corp

Last Buyer's Agent

Mark Bodford

Intracoastal Realty Corp License #154809 Listed on: 06/22/2018

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,290

Year Built

  • 1949

Lot Details

  • 4.8 Acre Lot
  • 200 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-20

Property Views

  • Water Views

Schools

  • Masonboro Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Listing and Financial Details

  • Assessor Parcel Number R06700-005-008-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deeded Waterfront Access Rights
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,290

Year Built

1949

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1949

Exterior Features

  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 200
  • Water Frontage: 200.00

Utilities

  • Fuel Tank: None

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2706.00
  • Lot Description: Wooded
  • Lot Sq Ft: 209088.00
  • Lot Water Features: Deeded Water Access, Water Depth 4+
  • Zoning: R-20
  • Acres: 4.80
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 395833.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Rolling, Undeveloped, Wooded
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: R06700-005-008-000
  • Tax Year: 2017

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Roland Grise
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
East & Mason Developers Llc
Bought by
Robuck Homes Triangle Llc
Total Days on Market
608
Current Estimated Value
$386,000

Purchase Details

Closed on
Jul 13, 2022
Sold by
East & Mason Developers Llc
Bought by
Robuck Homes Triangle Llc

Purchase Details

Closed on
Mar 17, 2022
Sold by
Robuck Homes Triangle Llc
Bought by
East & Mason Developers Llc

Purchase Details

Closed on
Mar 10, 2022
Sold by
East & Mason Developers Llc
Bought by
Robuck Homes Triangle Llc

Purchase Details

Closed on
Nov 24, 2020
Sold by
Macdonald Elizabeth Harriss and Macdonald Holland
Bought by
East & Mason Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,367,379
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2012
Sold by
Moore Harriss Doris M and Moore Harriss Doris
Bought by
Macdonald Elizabeth Harris and Harriss Thomas M

Purchase Details

Closed on
Nov 20, 2001
Sold by
Harriss Robert C Doris M
Bought by
Wilmington City Of

Purchase Details

Closed on
Jan 1, 2001
Bought by
Harris Edwin A Mrs

Purchase Details

Closed on
May 31, 1984
Sold by
Conners Elizabeth Harriss Jacob Logan
Bought by
Harriss Robert C Doris M
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
Robuck Homes Triangle Llc $721,000 --
Robuck Homes Triangle Llc $1,260,000 Westerlund & Zdenek Law Pa
East & Mason Developers Llc -- Westerlund & Zdenek Law Pa
Robuck Homes Triangle Llc $1,680,000 Westerlund & Zdenek Law Pa
East & Mason Developers Llc -- None Available
East & Mason Developers Llc $6,600,000 None Available
Macdonald Elizabeth Harris -- None Available
Wilmington City Of $6,000 --
Harris Edwin A Mrs -- --
Harriss Robert C Doris M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East & Mason Developers Llc $10,367,379
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $1,100,000 -77.6% $1,549 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
06/22/2018 06/22/18 For Sale $4,900,000 0.0% $6,901 / Sq Ft
05/31/2016 05/31/16 Rented $975 0.0% --
05/31/2016 05/31/16 For Rent $975 +8.9% --
07/11/2014 07/11/14 Rented $895 0.0% --
07/11/2014 07/11/14 Under Contract -- -- --
07/07/2014 07/07/14 For Rent $895 -- --
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 $8,290 $327,800 $327,800 $0
2022 $7,577 $891,400 $854,100 $37,300
2021 $7,629 $891,400 $854,100 $37,300
2020 $1,295 $702,100 $655,400 $46,700
2019 $1,295 $702,100 $655,400 $46,700
2018 $1,295 $702,100 $655,400 $46,700
2017 $1,295 $702,100 $655,400 $46,700
2016 $1,451 $705,700 $655,400 $50,300
2015 $7,473 $705,700 $655,400 $50,300
2014 $7,156 $705,700 $655,400 $50,300
Source: Public Records

Agents Affiliated with this Home

  • Mark Bodford

    Seller's Agent in 2020

    Mark Bodford

    Intracoastal Realty Corp

    (910) 256-4503

    Section Image

  • J

    Seller's Agent in 2016

    Julie McMahan

    Bryant Real Estate

    (910) 799-2700

    Julie McMahan
    Section Image

  • J

    Buyer's Agent in 2016

    Julia McMahan

    Bryant Real Estate

See All Agents

Map

Source: Hive MLS

MLS Number: 100122298

Hive MLS

APN: R06700-005-008-000

North Carolina New Hanover County Wilmington 28409 Masonboro

7420 Masonboro Sound Rd, Wilmington, NC

This home is located at 7420 Masonboro Sound Rd, Wilmington, NC 28409 since 22 June 2018 and is currently priced at $386,000, approximately $543 per square foot. This property was built in 1949. 7420 Masonboro Sound Rd is a home located in New Hanover County with nearby schools including Masonboro Elementary School, Roland-Grise Middle School, and John T. Hoggard High School.

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