NOT LISTED FOR SALE

Estimated Value: $363,820

2.17 Acres
$167,659 Price per Acre
94,525 Sq Ft Lot

Last Sold April 08, 2013

Last sale price $171,000

Est. 113% increase in value since last sale

Current estimated payment $2,109/month

114 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Boat Dock
  • Accessible Ramps
  • Edwin A. Anderson Elementary School Rated A-
  • No HOA
  • Property fronts a marsh

About This Lot

As of April 2013

River front lot, deep water with 110 ft of River Frontage! Expansive private lot is peaceful while remaining convenient to beaches, downtown, hospital, Monkey Junction, and Independence shopping. Experience the most spectacular sunsets coastal Carolina has to offer and an 800 ft pier. Just minutes to open ocean and fishing. Relax in the privacy that you just can't get on the Ocean or Intracoastal. Beautiful marsh land with amazing wildlife! Build your dream house.

Last Agent to Sell the Property

Christina Erichsen

BlueCoast Realty Corporation License #245247 Listed on: 11/14/2012

Last Buyer's Agent

Mary Kelly

Mary C. Kelly License #186482

Mary C. Kelly

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,400

Lot Details

  • Property fronts a marsh
  • 110 Feet of Waterfront
  • Property is zoned R-15

Schools

  • Bellamy Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • Water Views
  • Accessible Ramps

Community Details

Overview

  • No Home Owners Association
  • River Oaks Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,400

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 110.00

Utilities

  • Utilities: No Sewer, No Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Dock, Ramp

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4385
  • Deed Page: 463.00
  • Lot Dimensions: Irregular
  • Lot Water Features: Marsh Front
  • Zoning: R-15
  • Flood Zone: Yes

MLS Schools

  • Elementary School: Bellamy
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2012
Closed on
Apr 5, 2013
Sold by
Erichsen David and Panarella Merriann
Bought by
Reichow Richard D and Reichow Karen M
Seller's Agent
Christina Erichsen
BlueCoast Realty Corporation
Buyer's Agent
Mary Kelly
Mary C. Kelly
List Price
$255,000
Sold Price
$171,000
Premium/Discount to List
-$84,000
-32.94%
Current Estimated Value
$363,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,820
Avg. Annual Appreciation
6.18%
Original Mortgage
$128,250
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 14, 2012
Closed on
Apr 1, 2013
Sold by
Erichsen David H
Bought by
Dunn Richard Anthony and Dunn Denise Michelle
Seller's Agent
Christina Erichsen
BlueCoast Realty Corporation
Buyer's Agent
Mary Kelly
Mary C. Kelly
List Price
$255,000
Sold Price
$171,000
Premium/Discount to List
-$84,000
-32.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Phillips Ruth B Trustee
Bought by
Panarella Merriann

Purchase Details

Closed on
Dec 1, 1972
Sold by
Burnett John Henry
Bought by
Phillips Ruth B Trustee
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
Reichow Richard D $171,000 None Available
Dunn Richard Anthony $54,000 None Available
Panarella Merriann $225,000 --
Phillips Ruth B Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curylo Robert $340,000
Closed Reichow Richard D $85,656
Closed Reichow Richard D $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2013 04/08/13 Sold $171,000 -32.9% --
03/08/2013 03/08/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $255,000 -- --
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
2023 $1,400 $267,900 $267,900 $0
2022 $1,413 $267,900 $267,900 $0
2021 $1,467 $267,900 $267,900 $0
2020 $1,350 $213,500 $213,500 $0
2019 $1,350 $213,500 $213,500 $0
2018 $1,350 $213,500 $213,500 $0
2017 $1,382 $213,500 $213,500 $0
2016 $1,480 $213,500 $213,500 $0
2015 $1,375 $213,500 $213,500 $0
2014 $1,351 $213,500 $213,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30483734

Hive MLS

APN: R08100-006-078-000