$56,000
SOLD DEC 27, 2012

8251 Porters Crossing Way Wilmington, NC 28411

0.24 Acre
$233,333 Price per Acre
10,454 Sq Ft Lot

Recently Sold

14% Below List Price

1 Day on Market

Highlights

  • No HOA
  • Community Pool
  • Tennis Courts
  • Porters Neck Elementary School Rated A-

About This Lot

As of January 2016

.24 acre lot, community pool, clubhouse, tennis courts, lawn service.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 12/15/2011

Last Buyer's Agent

Buddy Blake

RE/MAX Essential Listed on: 12/15/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,607

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R-15

Schools

  • Blair Elementary School
  • Noble Middle School
  • Laney High School

Community Details

Overview

  • No Home Owners Association
  • Porters Crossing Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,607

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Pool, Tennis Court(s)

Schools

  • School District: New Hanover

Lot Info

  • Lot Dimensions: irregular
  • Lot Sq Ft: 10454.00
  • Zoning: R-15
  • Acres: 0.24
  • Flood Zone: No
  • List Price per Acre: 270833.33

MLS Schools

  • Elementary School: Blair
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Jan 15, 2016
Sold by
Brisson Owen Douglas and Brisson Erin Summers
Bought by
Gately Michael T and Gately Christina M
Seller's Agent
Ken Fox
RE/MAX Essential
Buyer's Agent
Teresa Hovatter
Coastwalk Real Estate, LLC
List Price
$285,000
Sold Price
$276,500
Premium/Discount to List
-$8,500
-2.98%
Current Estimated Value
$539,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,108
Avg. Annual Appreciation
7.39%
Original Mortgage
$248,850
Outstanding Balance
$200,661
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$343,715

Purchase Details

Listed on
Dec 15, 2011
Closed on
Nov 5, 2012
Sold by
Pyramind Homes Inc
Bought by
Brisson Owen Douglas and Brisson Erin Summers
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Buddy Blake
RE/MAX Essential
List Price
$65,000
Sold Price
$56,000
Premium/Discount to List
-$9,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$251,577
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2012
Sold by
First Troy Spe Llc
Bought by
Pyramid Homes Inc

Purchase Details

Closed on
Aug 23, 2011
Sold by
Porters Crossing Holdings Llc
Bought by
First Troy Spe Llc
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 Type Sale Price Title Company
Warranty Deed $276,500 Lenders Title And Escrow Llc
Warranty Deed $256,500 None Available
Warranty Deed $256,500 None Available
Deed $112,000 --
Warranty Deed $607,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,850 New Conventional
Previous Owner $251,577 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2016 01/28/16 Sold $276,500 -3.0% $130 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $285,000 +408.9% $134 / Sq Ft
12/27/2012 12/27/12 Sold $56,000 -78.1% --
11/05/2012 11/05/12 Sold $256,219 0.0% $124 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $256,219 +294.2% $124 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
12/15/2011 12/15/11 For Sale $65,000 -- --
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 $1,607 $297,900 $87,400 $210,500
2022 $1,618 $297,900 $87,400 $210,500
2021 $1,605 $291,600 $87,400 $204,200
2020 $1,624 $256,700 $57,600 $199,100
2019 $1,624 $256,700 $57,600 $199,100
2018 $1,624 $256,700 $57,600 $199,100
2017 $1,662 $256,700 $57,600 $199,100
2016 $1,539 $222,100 $57,600 $164,500
2015 $1,430 $222,100 $57,600 $164,500
2014 $1,406 $222,100 $57,600 $164,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Ken Fox

    RE/MAX

    Section Image

  • T

    Buyer's Agent in 2016

    Teresa Hovatter

    Coastwalk Real Estate, LLC

  • B

    Seller's Agent in 2012

    Buddy Blake

    RE/MAX

See All Agents

Map

Source: Hive MLS

MLS Number: 30470913

Hive MLS

APN: R03700-004-226-000

North Carolina New Hanover County Wilmington 28411

8251 Porters Crossing Way, Wilmington, NC

This home is located at 8251 Porters Crossing Way, Wilmington, NC 28411 and is currently priced at $56,000. 8251 Porters Crossing Way is a home located in New Hanover County with nearby schools including Porters Neck Elementary School, Holly Shelter Middle School, and Emsley A. Laney 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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