NOT LISTED FOR SALE

7615 Myrtle Grove Rd Wilmington, NC 28409

Estimated Value: $1,155,000 - $2,456,600

8.93 Acres
$216,646 Price per Acre
388,991 Sq Ft Lot

Last Sold April 12, 2018

Last sale price $400,000

Est. 376% increase in value since last sale

Current estimated payment $10,557/month

198 Days on Market

About This Lot

As of April 2018

GORGEOUS! One word isn't enough to describe this almost 9 acre tract nestled into the Myrtle Grove area of New Hanover County. This tract is ripe for development or it could be manicured into a wonderful estate like much of the neighboring properties. Just minutes to the white sands of Carolina Beach, shopping and dining. Truly a rare find! This property must be seen to appreciate. Parcel currently has a 3 bed 2 bath house that could be lived in or used as a rental

Last Agent to Sell the Property

Chip Moore

Hanover Real Estate Partners License #280292 Listed on: 07/05/2017

Last Buyer's Agent

Chip Moore

Hanover Real Estate Partners License #280292 Listed on: 07/05/2017

Property Details

Property Type

  • Land

Lot Details

  • 8.93 Acre Lot
  • Cleared Lot
  • Property is zoned R-15

Schools

  • Anderson Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R08200-004-002-002

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

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

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Book: 5416
  • Deed Page: 62.00
  • Lot Sq Ft: 388991.00
  • Zoning: R-15
  • Acres: 8.93
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 52855.54
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: R08200-004-002-002
  • Tax Year: 2016

MLS Schools

  • Elementary School: Anderson
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Apr 10, 2018
Sold by
Karen Sasser Betty Flake and Karen Giuganious
Bought by
Fowler Rodney and Fowler Dara
Seller's Agent
Chip Moore
Hanover Real Estate Partners
Buyer's Agent
Chip Moore
Hanover Real Estate Partners
List Price
$472,000
Sold Price
$400,000
Premium/Discount to List
-$72,000
-15.25%
Current Estimated Value
$1,902,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,502,181
Avg. Annual Appreciation
22.72%

Purchase Details

Closed on
Jun 15, 2009
Sold by
Bailey Jeremy
Bought by
Sasser Betty Flake and Gurganious Karen

Purchase Details

Closed on
May 22, 2006
Sold by
Harris Marvin E and Harris Sandra P
Bought by
Bailey Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,400
Interest Rate
8.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2003
Sold by
Harris Cape Fear Joint Venture
Bought by
Harris Marvin E Sandra P

Purchase Details

Closed on
Apr 28, 2003
Sold by
Sangsawangwatana Traci Somsak
Bought by
Harris Cape Fear Joint Venture

Purchase Details

Closed on
Feb 21, 2001
Sold by
Maggard Sheri Ramsey
Bought by
Maggard Sheri Ramsey

Purchase Details

Closed on
Mar 11, 1999
Sold by
Ramsey Betty M
Bought by
Maggard Sheri Ramsey

Purchase Details

Closed on
Jan 9, 1998
Sold by
Ramsey Betty M
Bought by
Bellsouth Telecommunications

Purchase Details

Closed on
Mar 18, 1992
Sold by
Ramsey Donald R Betty M
Bought by
Ramsey Betty M

Purchase Details

Closed on
Jan 5, 1982
Sold by
Cofer Thomas E Paulette S
Bought by
Ramsey Donald R Betty M

Purchase Details

Closed on
Jul 1, 1978
Sold by
Harward Delores N H H
Bought by
Cofer Thomas E Paulette S
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
Fowler Rodney $400,000 None Available
Sasser Betty Flake $232,931 None Available
Bailey Jeremy $776,000 None Available
Harris Marvin E Sandra P -- --
Harris Cape Fear Joint Venture $128,000 --
Maggard Sheri Ramsey -- --
Maggard Sheri Ramsey -- --
Bellsouth Telecommunications -- --
Ramsey Betty M -- --
Ramsey Donald R Betty M $35,000 --
Cofer Thomas E Paulette S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Jeremy $698,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $400,000 -15.3% --
01/19/2018 01/19/18 Pending -- -- --
07/05/2017 07/05/17 For Sale $472,000 -- --
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 $6,733 $1,759,300 $417,700 $1,341,600
2024 $6,895 $1,305,500 $309,900 $995,600
2023 $6,895 $1,305,500 $309,900 $995,600
2022 $4,099 $764,200 $309,900 $454,300
2021 $3,122 $568,100 $309,900 $258,200
2020 $2,851 $450,700 $295,300 $155,400
2019 $2,851 $457,800 $295,300 $162,500
2018 $2,896 $457,800 $295,300 $162,500
2017 $2,964 $457,800 $295,300 $162,500
2016 $5,005 $722,200 $484,500 $237,700
2015 $4,651 $722,200 $484,500 $237,700
2014 $4,572 $722,200 $484,500 $237,700
Source: Public Records

Agents Affiliated with this Home

  • Chip Moore

    Seller's Agent in 2018

    Chip Moore

    Hanover Real Estate Partners

    (910) 660-8586

    1 in this area

    46 Total Sales

    Chip Moore
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Map

Source: Hive MLS

MLS Number: 100071269

Hive MLS

APN: R08200-004-002-002

North Carolina New Hanover County Wilmington 28409

7615 Myrtle Grove Rd, Wilmington, NC

Not Listed for Sale

Lots

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