NOT LISTED FOR SALE

8241 Sage Valley Wilmington, NC 28411

Estimated Value: $1,057,000

0.25 Acre
$4,228,000 Price per Acre
10,890 Sq Ft Lot

Last Sold November 28, 2023

Last sale price $200,000

Est. 428% increase in value since last sale

Current estimated payment $5,739/month

376 Days on Market

Highlights

  • Gated Community
  • Resident Manager or Management On Site
  • Maintained Community
  • Porters Neck Elementary School Rated A-
  • Level Lot

About This Lot

As of November 2023

Welcome to Forest Creek of Porters Neck Plantation! Available for sale in this lovely wooded community is ready to build homesite on which to build your own home. Plans are available to choose from or design your own. Architectural guidelines are available. This gated community offers the homeowner an opportunity to join Porters Neck Plantation and Country Club complete with 18 hole Tom Fazio golf course, two pools, competition tennis courts, fitness center and club house with dining and pro shop. Conveniently located about 1/2 mile from Forest Creek is the new Porters Neck Elementary School on Edgewater Rd. Surrounded by beautifully quality built homes with custom finishes, this neighborhood is an excellent place to call home! Close to area dining, shopping, beaches and schools.

Last Agent to Sell the Property

Eva Elmore

Intracoastal Realty Corp License #143240 Listed on: 09/23/2022

Intracoastal Realty Corp

Last Buyer's Agent

Eva Elmore

Intracoastal Realty Corp License #143240 Listed on: 09/23/2022

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $649

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x133x80x137
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $81 Monthly HOA Fees

Schools

  • Porters Neck Elementary School
  • Holly Shelter Middle School
  • Laney High School

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number R03700-003-102-000

Community Details

Overview

  • Porters Neck Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$649

Lot Details

0

HOA Fees

$81 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 80

Utilities

  • Federal Flood Ins Avlbl: Yes
  • 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 Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Maint - Comm Areas, Maint - Roads, Management, Street Lights, Taxes
  • HOAAssociationFee1Year: 972.00

Lot Info

  • Deed Page: 873.00
  • Lot Description: Level
  • Lot Dimensions: 80x133x80x137
  • Lot Number: 8
  • Lot Sq Ft: 10790.00
  • Plat Book: 49
  • Plat Page: 331
  • Zoning: R-20
  • Acres: 0.25
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 900000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: 8

Tax Info

  • Tax Identifier: R03700-003-102-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 649.35

MLS Schools

  • Elementary School: Porters Neck
  • High School: Laney
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 27, 2023
Sold by
Forest Creek Ventures Inc
Bought by
Venture Homes Coastal Carolina Llc
Seller's Agent
Eva Elmore
Intracoastal Realty Corp
Buyer's Agent
Eva Elmore
Intracoastal Realty Corp
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
333
Current Estimated Value
$1,057,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,000
Avg. Annual Appreciation
143.59%
Original Mortgage
$672,800
Interest Rate
7.57%
Mortgage Type
Construction
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
Venture Homes Coastal Carolina Llc $200,000 None Listed On Document
Venture Homes Coastal Carolina Llc $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Venture Homes Coastal Carolina Llc $672,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2023 11/28/23 Sold $200,000 -11.1% --
10/04/2023 10/04/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $225,000 +12.5% --
07/25/2023 07/25/23 Off Market $200,000 -- --
09/23/2022 09/23/22 For Sale $225,000 -- --
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 $643 $123,100 $123,100 $0
2023 $643 $123,100 $123,100 $0
2022 $649 $123,100 $123,100 $0
2021 $674 $123,100 $123,100 $0
2020 $510 $80,700 $80,700 $0
2019 $510 $80,700 $80,700 $0
2018 $510 $80,700 $80,700 $0
2017 $523 $80,700 $80,700 $0
2016 $497 $71,700 $71,700 $0
2015 $462 $71,700 $71,700 $0
2014 $454 $71,700 $71,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100350721

Hive MLS

APN: R03700-003-102-000