NOT LISTED FOR SALE

7653 Myrtle Grove Rd Wilmington, NC 28409

Estimated Value: $1,698,000 - $3,118,594

4 Beds
3.5 Baths
3,995 Sq Ft
$550/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $835,000 $209 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $13,851/month

24 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • Boat Slip
  • Edwin A. Anderson Elementary School Rated A-
  • Boat Dock
  • Waterfront

About This Home

As of November 2016

Unique Property/Opportunity on Intracoastal Waterway between Wilmington and Carolina Beach. 3 bedroom Main House with 1BR Guest House, over 2.46 acres, 170 feet on Intracoastal Waterway, a pier, two boat slips & tidal marsh behind, nestled among live oak trees in a secluded setting. Main House has never been occupied & needs finishing touches. Sellers were finishing at their leisure but decided they do not have the time or desire to finish. Not a distressed property. Priced below market value & well below seller's investment. Fabulous detail that includes wood floors from a SC cotton mill, antique doors from the Mid-West, antique mantle/surround, tankless water heater and more. Popular Southern Living Coastal Cottage of the Year design, adding wrap-around porch & screened porch.

Last Agent to Sell the Property

Rodney Harris

Intracoastal Realty Corp Listed on: 09/02/2016

Last Buyer's Agent

Rhonda Schoolfield

Representing Buyers Only Inc. License #159994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,635

Year Built

  • Built in 2008

Lot Details

  • 2.64 Acre Lot
  • Waterfront
  • Open Lot
  • Wooded Lot
  • Property is zoned R-15

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,995 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Thermal Windows
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bedroom Suite
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Unpaved Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Access to marsh
  • Boat Slip
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R08211-001-012-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,635

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2008
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: See Remarks, Wood
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Apt/Suite, Smoke Detectors, Whirlpool, Wash/Dry Connect, Walk-In Closet, Walk-in Shower, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 212.52
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Family Room Level: Main
  • Great Room Level: Main
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Other Level: Main
  • Separate Living Spcs Guest House Desc: 803sf
  • Sq Ft Heated: 3995.00
  • Total Heated Primary Separate Sq Ft: 3995.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows
  • Exterior Finish: See Remarks, Wood Siding, Stone
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Screened, Porch, Enclosed, Deck
  • Road Type Frontage: Unpaved
  • Roof: Architectural Shingle, Shake
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Unpaved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric, Propane, Tankless
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 449.00
  • Lot Acres: 2.64
  • Lot Description: Open, Wooded
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 114998.00
  • Lot Water Features: Boat Dock, Salt Marsh, Deeded Waterfront, Boat Slip
  • Zoning: R-15
  • Lot View Type: ICW View, Water View, Ocean View

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: R08211-001-012-000
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 5634.78

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2017
Sold by
Joe L Peed
Bought by
Schoolfield James and Schoolfield Rhonda
Current Estimated Value
$2,197,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.19%

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 26, 2016
Sold by
Peed Joe L and Peed Teresa P
Bought by
Schoolfield James E and Schoolfield Rhonda F
Seller's Agent
Rodney Harris
Intracoastal Realty Corp
Buyer's Agent
Rhonda Schoolfield
Representing Buyers Only Inc.
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Oct 13, 2005
Sold by
Mixon Louise G
Bought by
Peed Joe L and Peed Teresa P

Purchase Details

Closed on
Oct 19, 2004
Sold by
Peed Joe L Teresa P
Bought by
Schroeder David W Peggy T

Purchase Details

Closed on
Aug 25, 2004
Sold by
Peed Joe L Teresa P
Bought by
Koehne Patrick J Patricia R

Purchase Details

Closed on
Apr 8, 2003
Sold by
Peed Joe L
Bought by
Peed Joe L Teresa P

Purchase Details

Closed on
Oct 19, 2001
Sold by
Mixon Louise G
Bought by
Peed Joe L

Purchase Details

Closed on
Mar 28, 2000
Sold by
Mixon Louise G
Bought by
Peed Joe L

Purchase Details

Closed on
Feb 26, 1998
Sold by
Mixon Louise G
Bought by
State Of North Carolina

Purchase Details

Closed on
Apr 4, 1990
Sold by
Mixon D B
Bought by
Mixon Louise G

Purchase Details

Closed on
Mar 1, 1966
Bought by
Mixon D B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schoolfield James -- --
Schoolfield James E $835,000 None Available
Peed Joe L -- None Available
Schroeder David W Peggy T -- --
Koehne Patrick J Patricia R -- --
Tsantes Maria L -- --
Smith John Thomas -- --
Peed Joe L Teresa P -- --
Peed Joe L -- --
Peed Joe L $165,000 --
State Of North Carolina -- --
Mixon Louise G -- --
Mixon D B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoolfield James $250,000
Closed Schoolfield James --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $835,000 -1.6% $209 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $849,000 -- $213 / Sq Ft
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
2024 -- $1,802,000 $1,157,500 $644,500
2023 -- $1,802,000 $1,157,500 $644,500
2022 $0 $1,770,600 $1,157,500 $613,100
2021 $6,309 $1,770,600 $1,157,500 $613,100
2020 $6,309 $997,400 $381,000 $616,400
2019 $6,309 $997,400 $381,000 $616,400
2018 $6,309 $997,400 $381,000 $616,400
2017 $6,458 $997,400 $381,000 $616,400
2016 $5,635 $813,100 $381,000 $432,100
2015 $5,236 $813,100 $381,000 $432,100
2014 $5,147 $813,100 $381,000 $432,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rodney Harris

    Intracoastal Realty Corp

  • R

    Buyer's Agent in 2016

    Rhonda Schoolfield

    Representing Buyers Only Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100028478

Hive MLS

APN: R08211-001-012-000

North Carolina New Hanover County Wilmington 28409

7653 Myrtle Grove Rd, Wilmington, NC

This home is located at 7653 Myrtle Grove Rd, Wilmington, NC 28409 since 02 September 2016 and is currently estimated at $2,197,899, approximately $550 per square foot. This property was built in 2008. 7653 Myrtle Grove Rd is a home located in New Hanover County with nearby schools including Edwin A. Anderson Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

Nearby Homes