NOT LISTED FOR SALE

8055 Masonboro Sound Rd Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $323,000

10 Acres
$32,300 Price per Acre
435,600 Sq Ft Lot

Last Sold December 02, 2021

Last sale price $2,100,000

Current estimated payment $2,035/month

1,675 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 49 Feet of Waterfront
  • No HOA
  • Masonboro Elementary School Rated A
  • 10 Acre Lot
  • Lot Has A Rolling Slope

About This Lot

As of December 2021

Waterfront! Located on Wilmington's sought-after Masonboro Sound Road, this roughly 10 acre tract is beautifully wooded with moss draped live oaks, rolling topography and stunning views of the Intracoastal Waterway and Masonboro Island.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 09/05/2016

Intracoastal Realty Corp

Last Buyer's Agent

Sherri Ingle

Intracoastal Realty Corp

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,755

Lot Details

  • 10 Acre Lot
  • 49 Feet of Waterfront
  • Brick Fence
  • Lot Has A Rolling Slope
  • Property is zoned R-15

Schools

  • Masonboro Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Additional Features

  • Water Views
  • Partial Basement
  • Water Rights

Listing and Financial Details

  • Tax Lot undefined
  • Assessor Parcel Number 314515.62.0694.000

Community Details

Overview

  • No Home Owners Association
  • Masonboro Sound Subdivision

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$8,755

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: Brick, Partial
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 400
  • Water Frontage: 49.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 713
  • Deed Page: 300.00
  • Lot Description: Deeded Water Rights
  • Lot Dimensions: Irregular
  • Lot Number: undefined
  • Lot Sq Ft: 435600.00
  • Lot Water Features: Deeded Waterfront
  • Zoning: R-15
  • Acres: 10.00
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 225000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Rolling
  • Lot Number2: undefined

Tax Info

  • Tax Identifier: 314515.62.0694.000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 8755.00

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Roland Grise
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2016
Closed on
Dec 3, 2021
Sold by
Cekra Inc
Bought by
8055 Masonboro Llc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Current Estimated Value
$323,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,777,000
Original Mortgage
$1,365,000
Outstanding Balance
$1,252,859
Interest Rate
3.11%

Purchase Details

Listed on
Sep 5, 2016
Closed on
Nov 18, 2021
Sold by
Bowden Kerby W Austn and Bowden Kerby Kim
Bought by
Cerka Inc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,252,859
Interest Rate
3.11%

Purchase Details

Listed on
Sep 5, 2016
Closed on
Nov 12, 2021
Sold by
Bowden Richard A
Bought by
Cekra Inc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,252,859
Interest Rate
3.11%

Purchase Details

Listed on
Sep 5, 2016
Closed on
Nov 10, 2021
Sold by
Raper Marie Fales and Raper Robert Earl
Bought by
Cekra Inc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,252,859
Interest Rate
3.11%

Purchase Details

Closed on
May 29, 1990
Sold by
Fales Clara H
Bought by
Fales Clara H Hrs

Purchase Details

Closed on
Nov 20, 1962
Sold by
Fales Jack H
Bought by
Fales J B
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
8055 Masonboro Llc -- None Available
Cerka Inc $105,000 None Available
Cekra Inc $105,000 None Available
Cekra Inc $105,000 None Available
Cekra Inc $105,000 None Available
Cekra Inc $105,000 None Available
Cekra Inc $525,000 None Available
Cekra Inc $525,000 None Available
Cekra Inc $525,000 None Available
Fales Clara H Hrs -- --
Fales J B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8055 Masonboro Llc $1,365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2021 12/02/21 Sold $2,100,000 -6.7% --
04/07/2021 04/07/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $2,250,000 0.0% --
03/04/2021 03/04/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $2,250,000 -62.5% --
11/25/2020 11/25/20 Pending -- -- --
09/05/2016 09/05/16 For Sale $6,000,000 -- --
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
2024 $17,616 $2,024,800 $2,024,800 $0
2023 $17,616 $2,024,800 $2,024,800 $0
2022 $17,211 $2,024,800 $2,024,800 $0
2021 $17,328 $2,024,800 $2,024,800 $0
2020 $6,337 $601,600 $601,600 $0
2019 $6,337 $601,600 $601,600 $0
2018 $6,333 $601,600 $601,600 $0
2017 $6,337 $601,600 $601,600 $0
2016 $7,971 $719,400 $719,400 $0
2015 $8,755 $826,700 $719,400 $107,300
2014 $8,383 $826,700 $719,400 $107,300
Source: Public Records

Agents Affiliated with this Home

  • Vance Young

    Seller's Agent in 2021

    Vance Young

    Intracoastal Realty Corp

    (910) 232-8850

    9 in this area

    875 Total Sales

    Vance Young
    Section Image
  • Sherri Ingle

    Buyer's Agent in 2021

    Sherri Ingle

    Intracoastal Realty Corp

    (910) 620-7178

    12 in this area

    1,096 Total Sales

    Sherri Ingle
    Section Image
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Map

Source: Hive MLS

MLS Number: 100028709

Hive MLS

APN: R07200-002-006-000

North Carolina New Hanover County Wilmington 28409 Masonboro

8055 Masonboro Sound Rd, Wilmington, NC

This home is located at 8055 Masonboro Sound Rd, Wilmington, NC 28409 since 05 September 2016 and is currently priced at $323,000. 8055 Masonboro Sound Rd is a home located in New Hanover County with nearby schools including Masonboro Elementary School, Roland-Grise Middle School, and John T. Hoggard 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

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