NOT LISTED FOR SALE

7421 Mason Landing Rd Wilmington, NC 28411

Estimated Value: $330,000

0.51 Acre
$647,059 Price per Acre
22,216 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $104,000

Est. 217% increase in value since last sale

Current estimated payment $1,780/month

186 Days on Market

About This Lot

As of March 2020

This is a rare opportunity to purchase a .51 acre lot off of Middle Sound Loop Road just minutes to Mayfaire and Wrightsville Beach. There are 4 total lots available, this is for Lot #4. Public sewer will is available and the property will be accessed via a deeded easement. If you're into boating then Mason Harbour Yacht Club and Canaday's Yacht Basin are both just a short walk away. Call today to get one of these before they are gone!

Last Agent to Sell the Property

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 07/07/2019

Last Buyer's Agent

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 07/07/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $591

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned R-20S

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04500-003-012-000

Property Details

Property Type

Land

Est. Annual Taxes

$591

Lot Details

0

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: Deeded Right of Way, Private
  • Waterfront: No
  • Waterview: No

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available

Association/Amenities

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

Lot Info

  • Lot Description: Partially Cleared
  • Lot Sq Ft: 22216.00
  • Lot Water Features: None
  • Zoning: R-20S
  • Acres: 0.51
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 235098.04
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R04500-003-012-000
  • Tax Year: 2018

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

Listed on
Jul 7, 2019
Closed on
Feb 13, 2020
Sold by
Gusler Rosann Jean
Bought by
Paterson James G and Paterson Marry F
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$119,900
Sold Price
$104,000
Premium/Discount to List
-$15,900
-13.26%
Current Estimated Value
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,000
Avg. Annual Appreciation
22.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paterson James G $208,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $104,000 -13.3% --
01/09/2020 01/09/20 Pending -- -- --
07/07/2019 07/07/19 For Sale $119,900 -- --
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
2025 $591 $239,100 $239,100 $0
2023 $591 $113,200 $113,200 $0
2022 $597 $113,200 $113,200 $0
2021 $620 $113,200 $113,200 $0
2020 $525 $83,000 $83,000 $0
2019 $525 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeff Lesley

    Berkshire Hathaway HomeServices Carolina Premier Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 100174243

Hive MLS

APN: R04500-003-012-000

North Carolina New Hanover County Wilmington 28411

7421 Mason Landing Rd, Wilmington, NC

Not Listed for Sale

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