NOT LISTED FOR SALE

8038 Bald Eagle Ln Wilmington, NC 28411

Estimated Value: $2,638,000 - $5,609,321

0.54 Acre
$7,395,878 Price per Acre
23,522 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $1,200,000

Est. 233% increase in value since last sale

Current estimated payment $24,878/month

66 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Dock
  • No HOA
  • Porters Neck Elementary School Rated A-

About This Lot

As of September 2016

What more could you ask? High bluff lot with a gentle slope to the Intracoastal Waterway with a new private pier and moss draped live oaks. Build the home of your dreams on this spectacular 100 foot wide waterfront home site.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 06/22/2016

Intracoastal Realty Corp

Last Buyer's Agent

Kristin Freeman

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,939

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 100x242x100x235
  • 100 Feet of Waterfront
  • Cleared Lot
  • Property is zoned R-20S

Property Views

  • Water Views

Schools

  • Blair Elementary School
  • Holly Shelter Middle School
  • Laney High School

Utilities

  • Water Rights
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number R03720-001-014-000

Community Details

Overview

  • No Home Owners Association
  • Porters Neck Plantation Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$6,939

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Appointment Center Phone: 910-232-8850
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 5792
  • Deed Page: 2195.00
  • Directions To Property: North on Market Street, right on Porters Neck Road to Bald Eagle Lane. Take right on Bald Eagle and house will be on your left.
  • Document Count: 1
  • Elementary School: Blair
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Laney
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100018301
  • Location Type: Mainland
  • Lot Description: Deeded Water Rights
  • Lot Dimensions: 100x242x100x235
  • Lot Number: 12
  • Lot Sq Ft: 23562.00
  • Lot Water Features: Boat Dock
  • Marketing City: Wilmington
  • Middle School: Holly Shelter
  • M L S Approved: Y
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: New Hanover
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Porters Neck Plantation
  • Tax Identifier: R03720-001-014-000
  • Tax Year: 2015
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 6939.00
  • Waterview: Yes
  • Zoning: R-20S
  • Acres: 0.54
  • Appointment Contact: Vance Young
  • Buildigson Property: None
  • Current Use: Residential
  • Deed Restriction: No
  • Deferred Taxes: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Priceper Acre: 2314814.81
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Water Frontage: 100.00
  • Lot Number2: 12
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Municipal Water, Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Sep 13, 2016
Sold by
Porter S Neck Property Investments Llc
Bought by
Bald Eagle Properties Llc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$3,993,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,793,774
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Jun 15, 2016
Sold by
Peyton Robert B and Peyton Christopher D
Bought by
Porter S Neck Property Investment Llc

Purchase Details

Listed on
Feb 15, 2013
Closed on
Dec 18, 2013
Sold by
D & K Investments Partners Llc
Bought by
Peyton Robert B and Peyton Christopher D
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Team Hardee Hunt & Williams
Hardee Hunt & Williams
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Oct 23, 2012
Sold by
Worth Lucy Chadbourn
Bought by
D & K Investments Partner Llc
Seller's Agent
Steve Toop
United Brokers LTD
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$869,565
Sold Price
$650,000
Premium/Discount to List
-$219,565
-25.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.65%

Purchase Details

Closed on
Dec 29, 2009
Sold by
Worth Julia Stickney and Worth Lucy Chadbourn
Bought by
Worth Lucy Chadbourn
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
Bald Eagle Properties Llc $1,200,000 None Available
Porter S Neck Property Investment Llc $1,000,000 None Available
Peyton Robert B $940,000 None Available
D & K Investments Partner Llc $650,000 None Available
Worth Lucy Chadbourn -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Sold $1,200,000 -4.0% --
08/27/2016 08/27/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $1,250,000 +33.0% --
01/10/2014 01/10/14 Sold $940,000 -5.5% -- View Prior Sale
11/30/2013 11/30/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $995,000 +53.1% --
10/26/2012 10/26/12 Sold $650,000 -25.2% -- View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $869,565 -- --
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 -- $3,845,500 $2,485,300 $1,360,200
2024 -- $2,302,300 $1,369,400 $932,900
2023 $9,159 $2,302,300 $1,369,400 $932,900
2022 $12,212 $2,302,300 $1,369,400 $932,900
2021 $12,617 $2,302,300 $1,369,400 $932,900
2020 $9,365 $1,480,600 $999,800 $480,800
2019 $6,751 $1,067,400 $999,800 $67,600
2018 $6,751 $1,067,400 $999,800 $67,600
2017 $6,911 $1,067,400 $999,800 $67,600
2016 $7,467 $1,077,500 $999,800 $77,700
2015 $6,939 $1,077,500 $999,800 $77,700
2014 $6,821 $1,077,500 $999,800 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100018301

Hive MLS

APN: R03720-001-014-000