NOT LISTED FOR SALE

Estimated Value: $1,854,000

0.8 Acre
$2,317,500 Price per Acre
34,848 Sq Ft Lot

Last Sold November 10, 2016

Last sale price $1,925,000

Est. 4% decrease in value since last sale

Current estimated payment $11,218/month

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 400 Feet of Waterfront
  • Boat Lift
  • Roland-Grise Middle School Rated A-
  • Boat Dock
  • Boat Slip

About This Lot

As of November 2016

The most amazing and panoramic mainland ICWW cul-de-sac home site in the entire region is now available. Build your waterfront estate with in-place ICWW deep water dockage as well as possible additional dockage along Shinn Creek. Bulkheaded, elevated site and live oaks with unbelievable views directly out Masonboro Inlet and overlooking Wrightsville Beach and Masonsboro Island.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 08/30/2016

Last Buyer's Agent

Buddy Blake

RE/MAX Essential Listed on: 08/30/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,121

Lot Details

  • 0.8 Acre Lot
  • 400 Feet of Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Cleared Lot
  • Property is zoned agent verify

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Bradley Creek Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Additional Features

  • Water Views
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number R06220-001-010-000

Community Details

Overview

  • Shinn Point Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Lift
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$9,121

Lot Details

0

HOA Fees

$100 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 58
  • Water Frontage: 400.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • Annual HOA: 1200.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Description: Corner Lot, Cul-de-Sac Lot, Dead End, Deeded Water Rights, Partially Cleared, Water Depth 4+
  • Lot Sq Ft: 34848.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip, Bulkhead, Deeded Water Access, Deeded Waterfront, Water Depth 4+
  • Zoning: agent verify
  • Acres: 0.80
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 2625000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Undeveloped

Tax Info

  • Tax Identifier: R06220-001-010-000
  • Tax Year: 2015
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Nov 4, 2016
Sold by
Emrich John A and Emrich Martha M
Bought by
Worden Christopher Donald and Worden Wendy Lee
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Buddy Blake
RE/MAX Essential
List Price
$2,100,000
Sold Price
$1,925,000
Premium/Discount to List
-$175,000
-8.33%
Total Days on Market
17
Current Estimated Value
$1,854,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,000
Avg. Annual Appreciation
-10.04%
Original Mortgage
$1,443,750
Outstanding Balance
$1,180,642
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$404,642

Purchase Details

Listed on
Aug 30, 2016
Closed on
Sep 25, 2016
Sold by
Emrich John A
Bought by
Miller Emrich John A and Miller Emrich Martha
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Buddy Blake
RE/MAX Essential
List Price
$2,100,000
Sold Price
$1,925,000
Premium/Discount to List
-$175,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,750
Outstanding Balance
$1,180,642
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$404,642

Purchase Details

Closed on
Jan 17, 2014
Sold by
Emrich John A
Bought by
Miller Emrich John A and Miller Emrich Martha

Purchase Details

Closed on
Jul 5, 2000
Sold by
Emrich Nancy C
Bought by
Emrich John A

Purchase Details

Closed on
Dec 7, 1998
Sold by
Shinn Point Homeowners Assoc
Bought by
Emrich John A Nancy C

Purchase Details

Closed on
Nov 16, 1998
Sold by
Ledbetter Russell H Catherine
Bought by
Emrich John A Nancy C

Purchase Details

Closed on
Jul 16, 1996
Sold by
Dorman Janet Hobbs
Bought by
Ledbetter Russell H Catherine

Purchase Details

Closed on
Apr 5, 1991
Sold by
Dorman Bruce H Janet H
Bought by
Dorman Janet H

Purchase Details

Closed on
Jan 1, 1984
Sold by
Bruce Dorman Future Dev
Bought by
Dorman Bruce H Janet H

Purchase Details

Closed on
May 1, 1978
Bought by
Bruce Dorman Future Dev
Source: Public Records

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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
Worden Christopher Donald $1,925,000 None Available
Miller Emrich John A -- None Available
Emrich John A -- --
Emrich John A Nancy C $6,000 --
Emrich John A Nancy C $1,075,000 --
Ledbetter Russell H Catherine $1,375,000 --
Dorman Janet H -- --
Dorman Bruce H Janet H -- --
Bruce Dorman Future Dev -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worden Christopher Donald $1,443,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $1,925,000 -8.3% --
09/16/2016 09/16/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $2,100,000 -- --
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 $9,121 $1,397,800 $1,291,500 $106,300
2022 $8,911 $1,397,800 $1,291,500 $106,300
2021 $5,981 $1,397,800 $1,291,500 $106,300
2020 $14,625 $1,388,400 $1,296,000 $92,400
2019 $14,625 $1,388,400 $1,296,000 $92,400
2018 $10,969 $1,388,400 $1,296,000 $92,400
2017 $14,625 $1,388,400 $1,296,000 $92,400
2016 $8,855 $799,200 $675,000 $124,200
2015 $8,464 $799,200 $675,000 $124,200
2014 $8,104 $799,200 $675,000 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100027950

Hive MLS

APN: R06317-001-002-000