NOT LISTED FOR SALE

Estimated Value: $1,365,000 - $2,448,872

0.33 Acre
$5,718,842 Price per Acre
14,375 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $515,000

Est. 293% increase in value since last sale

Current estimated payment $12,059/month

62 Days on Market

Highlights

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

About This Lot

As of September 2016

Build your waterfront dream home today! A beautiful setting surrounds this deep water, canal-front lot located in highly desirable Shinn Point Neighborhood. Zoned R-20 and located in AE flood zone, this residential lot offers 110' of water frontage and immediate access to the ICWW and Masonboro Inlet. Bulkhead and multiple boatslips in place. This is luxury waterfront living at its finest!

Last Agent to Sell the Property

Harrison Peebles

Coldwell Banker Sea Coast Advantage Listed on: 05/31/2016

Last Buyer's Agent

Michael Collins

Intracoastal Realty Corp License #276775

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,341

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 102x137x110x188
  • 110 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R-20

HOA Fees

  • $33 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

  • Tax Lot 38
  • Assessor Parcel Number R06220-001-020-000

Community Details

Overview

  • Shinn Point HOA, Phone Number (910) 796-0040
  • Shinn Point Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Ramp
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$11,341

Lot Details

0

HOA Fees

$33 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 102
  • Water Frontage: 110.00

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Not Assign, Dock, Tennis
  • Annual HOA: 400.00
  • HOA Company: Shinn Point HOA
  • HOA Phone: (910) 796-0040

Lot Info

  • Deed Book: 4311
  • Deed Page: 679.00
  • Lot Description: Cul-de-Sac Lot, Deeded Water Rights, Subdivision, Water Depth 4+
  • Lot Dimensions: 102x137x110x188
  • Lot Number: 38
  • Lot Sq Ft: 14375.00
  • Lot Water Features: Boat Dock, Boat Ramp, Boat Slip, Bulkhead, Deeded Water Access, Deeded Waterfront, Water Access Comm, Water Depth 4+, Waterfront Comm
  • Zoning: R-20
  • Acres: 0.33
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 1621212.12
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 38

Tax Info

  • Tax Identifier: R06220-001-020-000
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Sep 12, 2016
Sold by
Sullivan Ward Wade Christopher and Sullivan Ward Alisa
Bought by
Prochaska Michael P and Prochaska Lindsey H
Seller's Agent
Harrison Peebles
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Michael Collins
Intracoastal Realty Corp
List Price
$580,000
Sold Price
$515,000
Premium/Discount to List
-$65,000
-11.21%
Current Estimated Value
$2,023,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,508,961
Avg. Annual Appreciation
16.36%
Original Mortgage
$437,750
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2004
Sold by
Dorman Janet H Michael Norris
Bought by
Ward Wade C Alisa S

Purchase Details

Closed on
Dec 10, 2002
Sold by
Dorman Janet H Tr
Bought by
Dorman Janet H

Purchase Details

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

Purchase Details

Closed on
Apr 4, 1991
Sold by
Dorman Bruce H
Bought by
Dorman Janet H Tr Etal

Purchase Details

Closed on
Jul 1, 1986
Sold by
Shinn Point Development Co
Bought by
Dorman Bruce H

Purchase Details

Closed on
Nov 1, 1976
Bought by
Shinn Point Development Co
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
Prochaska Michael P $515,000 Tiago Title Llc
Ward Wade C Alisa S $395,000 --
Dorman Janet H -- --
Dorman Bruce H Hrs -- --
Dorman Janet H Tr Etal -- --
Dorman Bruce H $50,000 --
Shinn Point Development Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prochaska Michael $550,000
Open Prochaska Lindsey H $1,065,050
Closed Prochaska Michael P $437,750
Previous Owner Ward Wade Christopher $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $515,000 -11.2% --
08/01/2016 08/01/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $580,000 -- --
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 $11,341 $1,303,600 $613,100 $690,500
2022 $11,081 $1,303,600 $613,100 $690,500
2021 $11,156 $1,303,600 $613,100 $690,500
2020 $8,826 $839,300 $468,000 $371,300
2019 $8,826 $623,800 $468,000 $155,800
2018 $0 $623,800 $468,000 $155,800
2017 $5,068 $481,100 $468,000 $13,100
2016 $4,436 $400,400 $390,000 $10,400
2015 $4,240 $400,400 $390,000 $10,400
2014 $4,060 $400,400 $390,000 $10,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100014714

Hive MLS

APN: R06220-001-020-000