NOT LISTED FOR SALE

Estimated Value: $840,000 - $4,733,000

1.03 Acres
$3,177,632 Price per Acre
44,867 Sq Ft Lot

Sale Details

Date Sold: May 28, 2024

Last sale price $4,500,000 $2,131 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $19,269 / mo

28 Days on Market

Highlights

  • 92 Feet of Waterfront
  • Docks
  • Boat Slip
  • Ocean View
  • Pier
  • 1.03 Acre Lot

About This Lot

As of May 2024

Go to any affluent area in the nation, and there will be that one iconic street, an address whose name means something to knowledgeable locals. Bald Eagle Lane is that kind of place. It is not on an island, but it overlooks one. It isn't on a golf course, but it's close to two of the nicest Wilmington has to offer. It's waterfront, but with enough high ground to build your home out of the flood zone. It is convenient to everything you need, but quiet enough to feel secluded. Within minutes of your dock, you could be surfing on Figure Eight Island, collecting shells on Hutaff, or enjoying a shrimp burger and a cold beer at Wrightsville Beach. The old homes on this street are disappearing like sandcastles on an incoming tide. What they are being replaced with are graceful new mansions, magnificent collaborations between builders, architects, and their clients. This is one of those opportunities. Located on a high wooded parcel overlooking the Intracoastal Waterway, this property will easily accommodate a large home, garage, storage building, swimming pool, docking facilities, and more. Start drawing up your dream home, call your architect and builder, and if you don't already own a boat, you might want to purchase one. Existing house conveys as is with the property at closing.

Last Agent to Sell the Property

Team Hardee Hunt & Williams

Hardee Hunt & Williams Listed on: 03/29/2024

Last Buyer's Agent

Maxwell Smith

Cadence Realty Corporation License #293334

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,201

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 100 x 482 x 92 x 44 x 397
  • 92 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a state road
  • Cleared Lot
  • Property is zoned R-20S

Property Views

  • Ocean Views
  • Views of a Sound

Schools

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

Additional Features

  • Residence on Property
  • Suburban Location
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number R03805-005-008-000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pier
  • Bulkhead
  • Boat Slip
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$10,201

Lot Details

1.03 Acres

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Land
  • View: ICW, Sound, Ocean, Water
  • Original List Price: 5500000.00
  • Other Structures: Residence
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 5339805.83
  • Special Features: VirtualTour

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Exterior Features: Dock
  • Road Frontage Type: ICW Front, Sound Front
  • Road Frontage Type: City Street, State Road
  • Waterfront Features: Pier, Bulkhead
  • Waterfront?: Yes
  • Waterfront Footage: 92.00

Utilities

  • Utilities: Water Available
  • Water Source: Public
  • Electric Provider: Duke Energy

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

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

Lot Info

  • Deed Book: 682
  • Deed Page: 2175.00
  • Zoning: R-20S
  • Current Use: Residential
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Features: See Remarks, Deeded Water Rights, Suburban, Boat Slip, Bulkhead, Dock, Pier
  • Lot Size Acres: 1.03
  • Lot Size: 100 x 482 x 92 x 44 x 397
  • Lot Size Sq Ft: 44954.00
  • Wooded Area: 2128.00
  • Purchase Contract Date: 2024-04-05
  • Parcel#: R03805-005-008-000
  • Cobra Zone Y N: No
  • Deed Restriction Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Block: 23
  • Tax Book Number: 5
  • Tax Map Number: R03805-005-008-000
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 10201.29

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 24, 2024
Sold by
Bought by
Seller's Agent
Team Hardee Hunt & Williams
Hardee Hunt & Williams
Buyer's Agent
Maxwell Smith
Cadence Realty Corporation
List Price
$5,500,000
Sold Price
$4,500,000
Premium/Discount to List
-$1,000,000
-18.18%
Views
57
Current Estimated Value
$3,272,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,227,039
Avg. Annual Appreciation
-13.59%

Purchase Details

Closed on
Dec 22, 2023
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 1989
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 1966
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wilmington, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,500,000 None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- None Available
$700,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,000,000
Closed $2,750,000
Previous Owner $35,000
Previous Owner $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $4,500,000 -18.2% $2,131 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $5,500,000 0.0% $2,604 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $5,500,000 -- $2,604 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,350 $4,036,100 $4,016,100 $20,000
2024 $10,275 $1,952,400 $1,786,900 $165,500
2023 $10,269 $1,952,400 $1,786,900 $165,500
2022 $10,367 $1,952,400 $1,786,900 $165,500
2021 $10,701 $1,952,400 $1,786,900 $165,500
2020 $7,656 $1,210,400 $1,042,800 $167,600
2019 $7,656 $1,210,400 $1,042,800 $167,600
2018 $7,656 $1,210,400 $1,042,800 $167,600
2017 $7,837 $1,210,400 $1,042,800 $167,600
2016 $8,434 $1,217,000 $1,042,800 $174,200
2015 $7,837 $1,217,000 $1,042,800 $174,200
2014 $7,704 $1,217,000 $1,042,800 $174,200
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100431848

Hive MLS

APN: R03805-005-008-000

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