NOT LISTED FOR SALE

Estimated Value: $1,203,000 - $2,001,000

0.22 Acre
$7,028,168 Price per Acre
9,583 Sq Ft Lot

Last Sold September 07, 2016

Last sale price $229,500

Est. 574% increase in value since last sale

Current estimated payment $9,110/month

656 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Dock
  • Wooded Lot
  • Edwin A. Anderson Elementary School Rated A-
  • Boat Slip
  • Community Pool

About This Lot

As of September 2016

Wow! Price just reduced!!! Build your custom dream home on this waterfront home site and enjoy peaceful Intracoastal Waterway front living with wide panoramic views of Carolina Beach, Masonboro Island and possible views of the Ocean front 2nd and 3rd floors. The Landing at Snows Cut is just minutes to Carolina Beach and Monkey Junction and offers residents a community pier and gazebo. Your own deeded deep water boat slip with water and power is just steps away within the community AND included at this great price!! Bring your own builder or let us introduce you to the perfect builder to build your dream home.

Last Agent to Sell the Property

Kristin Freeman

Keller Williams Innovate-Wilmington Listed on: 10/04/2014

Keller Williams Innovate-Wilmington

Co-Listed By

Matt Freeman

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Jeffrey Humphrey

BlueCoast Realty Corporation License #255075

BlueCoast Realty Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,170

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x194x50x192
  • 50 Feet of Waterfront
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned R-15

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Additional Features

  • Water Views
  • Co-Op Water

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number R08518-008-060-000

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Landing At Snows Cut HOA, Phone Number (910) 777-3931
  • Snows Cut Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Community Pool
  • Water Access
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$5,170

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 50.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Dock, Maint - Comm Areas, Maint - Roads, Master Insure, Pool, Tax Comm Areas, Water
  • HOA Company: Landing at Snows Cut
  • HOA Phone: (910) 777-3931

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 58
  • Deed Page: 166.00
  • Lot Dimensions: 50x194x50x192
  • Lot Number: 31
  • Lot Sq Ft: 9583.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Zoning: R-15
  • Acres: 0.22
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 1222727.27
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 31

Tax Info

  • Tax Identifier: R08518-008-060-000

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2014
Closed on
Aug 25, 2016
Sold by
American Equity Funding Inc
Bought by
Raynor Todd M
Seller's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
Buyer's Agent
Jeffrey Humphrey
BlueCoast Realty Corporation
List Price
$284,900
Sold Price
$229,500
Premium/Discount to List
-$55,400
-19.45%
Total Days on Market
656
Current Estimated Value
$1,546,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,316,697
Avg. Annual Appreciation
25.16%
Original Mortgage
$172,125
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 4, 2011
Sold by
Sea Breeze Land Development L L C
Bought by
First Troy Spe Llc
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
Raynor Todd M $229,500 None Available
First Troy Spe Llc $2,215,122 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raynor Todd M $349,000
Open Raynor Todd M $637,500
Closed Raynor Todd M $624,685
Closed Raynor Todd M $172,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $229,500 -19.4% --
07/21/2016 07/21/16 Pending -- -- --
10/04/2014 10/04/14 For Sale $284,900 -- --
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
2023 $5,170 $979,800 $393,000 $586,800
2022 $5,215 $979,800 $393,000 $586,800
2021 $5,373 $979,800 $393,000 $586,800
2020 $4,589 $725,500 $246,800 $478,700
2019 $1,685 $266,400 $246,800 $19,600
2018 $0 $266,400 $246,800 $19,600
2017 $0 $266,400 $246,800 $19,600
2016 $0 $322,000 $306,900 $15,100
2015 -- $322,000 $306,900 $15,100
2014 -- $322,000 $306,900 $15,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30512581

Hive MLS

APN: R08518-008-059-000