NOT LISTED FOR SALE

7425 Mason Landing Rd Wilmington, NC 28411

Estimated Value: $598,000

0.11 Acre
$5,436,364 Price per Acre
4,731 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $85,000

Est. 604% increase in value since last sale

Current estimated payment $3,195/month

Highlights

  • Waterfront Community
  • Water Views
  • Wooded Lot
  • Ogden Elementary School Rated A-
  • Water Access
  • No HOA

About This Lot

As of June 2018

: Location, Location, Location - this lot will sell fast! Adjacent to Mason Harbor Yacht Club, surrounded by marinas and walking distance ICWW and Page's Creek. Perfect for your coastal dream cottage! New Hanover Variance approved!

Last Agent to Sell the Property

Ronel Austin

Coastal Realty Associates LLC License #279308 Listed on: 04/26/2018

Last Buyer's Agent

Team Hardee Hunt & Williams

Hardee Hunt & Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $706

Lot Details

  • 4,731 Sq Ft Lot
  • Lot Dimensions are 99 x 98 x 137
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-20S

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number R04510-004-012-001

Community Details

Overview

  • No Home Owners Association
  • Buena Vista Subdivision

Recreation

  • Waterfront Community
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$706

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Wooded
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Page: 37.00
  • Lot Description: Partially Cleared
  • Lot Dimensions: 99 x 98 x 137
  • Lot Sq Ft: 4731.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-20S
  • Acres: 0.11
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 900000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R04510-004-012-001
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 15, 2018
Sold by
Thompson Marie P
Bought by
Spears Bruce C and Wrenn Brenda L
Seller's Agent
Ronel Austin
Coastal Realty Associates LLC
Buyer's Agent
Team Hardee Hunt & Williams
Hardee Hunt & Williams
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$598,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,000
Avg. Annual Appreciation
36.77%
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1981
Bought by
Thompson Edward G Marie
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
Spears Bruce C $85,000 None Available
Thompson Edward G Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Spears Bruce C $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $85,000 -14.1% --
04/26/2018 04/26/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $99,000 -- --
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
2025 $706 $186,400 $186,400 $0
2023 $373 $71,400 $71,400 $0
2022 $377 $71,400 $71,400 $0
2021 $391 $71,400 $71,400 $0
2020 $574 $90,800 $90,800 $0
2019 $574 $90,800 $90,800 $0
2018 $574 $90,800 $90,800 $0
2017 $588 $90,800 $90,800 $0
2016 $511 $73,700 $73,700 $0
2015 $475 $73,700 $73,700 $0
2014 $467 $73,700 $73,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Ronel Austin

    Seller's Agent in 2018

    Ronel Austin

    Coastal Realty Associates LLC

    (910) 619-9143

    3 in this area

    148 Total Sales

    Ronel Austin
    Section Image
  • Team Hardee Hunt & Williams

    Buyer's Agent in 2018

    Team Hardee Hunt & Williams

    Hardee Hunt & Williams

    (910) 256-6998

    2 in this area

    168 Total Sales

    Team Hardee Hunt & Williams
    Section Image
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Map

Source: Hive MLS

MLS Number: 100112973

Hive MLS

APN: R04510-004-012-001

North Carolina New Hanover County Wilmington 28411

7425 Mason Landing Rd, Wilmington, NC

Not Listed for Sale

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