NOT LISTED FOR SALE

8208 Masonboro Sound Rd Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $1,007,000 - $1,785,653

5 Acres
$300,182 Price per Acre
218,236 Sq Ft Lot

Last Sold June 15, 2017

Last sale price $300,000

Est. 391% increase in value since last sale

Current estimated payment $8,693/month

246 Days on Market

Highlights

  • 5.01 Acre Lot
  • Wooded Lot
  • No HOA
  • Masonboro Elementary School Rated A

About This Lot

As of June 2017

Prime unimproved property in Masonboro Sound area being offered to purchase. Will make a wonderful estate to build your private home on. Zoned R-15. Could be developed into a beautiful small subdivision. Property adjoins Masonboro Station commercial strip with 2 restaurants,several businesses and offices. BP Gas Station on the corner across the street. Office building and Port City Animal Hospital nearby. Property is located behind several homes on Masonboro Loop Rd. and Shorewood Hills Rd. Mason Bend, a subdivision with 19 homes, adjoins part of the eastern side of property and one home estate adjoins part of the eastern side of the property. Municipal Water & Sewer lines on road frontage. AT&T UVerse Available. Excellent place to live. Convenient to Marina and NHCo. Public boat ramp.

Last Agent to Sell the Property

Donna Grady

Keller Williams Innovate-Wilmington Listed on: 09/06/2016

Last Buyer's Agent

Sandy Monroe

Coldwell Banker Sea Coast Advantage License #149923

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,213

Lot Details

  • 5.01 Acre Lot
  • Wooded Lot
  • Property is zoned R-15

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R07200-002-004-000

Property Details

Property Type

Land

Est. Annual Taxes

$2,213

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: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 248

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available, Not Tested

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 403
  • Deed Page: 512.00
  • Lot Description: None
  • Lot Sq Ft: 218236.00
  • Lot Water Features: None
  • Zoning: R-15
  • Acres: 5.01
  • Deed Restriction: No
  • Environmental Hazard: No, Unknown
  • Flood Zone: No
  • List Price per Acre: 69860.28
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped, Wooded

Tax Info

  • Tax Identifier: R07200-002-004-000
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2212.68

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 6, 2016
Closed on
Jun 8, 2017
Sold by
Monroe Robert R and Monroe Betty M
Bought by
Main Kristin
Seller's Agent
Donna Grady
Keller Williams Innovate-Wilmington
Buyer's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$1,474,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,174,259
Avg. Annual Appreciation
21.34%
Original Mortgage
$225,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 13, 2002
Sold by
Munroe Robert Betty Rev Trust
Bought by
Wilmington City Of

Purchase Details

Closed on
Dec 5, 2001
Sold by
Munroe Robert R Betty M
Bought by
Munroe Robert Betty Rev Trust

Purchase Details

Closed on
Jan 1, 1962
Bought by
Munroe Robert R
Source: Public Records

Range of Values:

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Average Value
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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
Main Kristin $300,000 None Available
Wilmington City Of $1,000 --
Munroe Robert Betty Rev Trust -- --
Munroe Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Main Kristin L $1,168,750
Closed Main Kristin $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $300,000 -14.3% --
05/10/2017 05/10/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $350,000 -- --
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 $7,920 $910,300 $435,100 $475,200
2022 $7,738 $910,300 $435,100 $475,200
2021 $7,790 $910,300 $435,100 $475,200
2020 $2,100 $199,400 $199,400 $0
2019 $2,100 $199,400 $199,400 $0
2018 $0 $199,400 $199,400 $0
2017 $2,100 $199,400 $199,400 $0
2016 $2,213 $199,700 $199,700 $0
2015 $2,115 $199,700 $199,700 $0
2014 $2,025 $199,700 $199,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100028809

Hive MLS

APN: R07200-002-004-000