NOT LISTED FOR SALE

8807 Shipwatch Dr Wilmington, NC 28412

River Road Neighborhood

Estimated Value: $872,000 - $1,093,541

0.42 Acre
$2,305,679 Price per Acre
18,295 Sq Ft Lot

Last Sold February 24, 2021

Last sale price $210,000

Est. 361% increase in value since last sale

Current estimated payment $5,689/month

106 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 83 Feet of Waterfront
  • Gated Community
  • Carolina Beach Elementary School Rated A-
  • Community Boat Slip
  • Wooded Lot

About This Lot

As of February 2021

Offered for sale is this great opportunity to build your dream home with unobstructed views on the Cape Fear River in the gated community of Shipwatch with your 30' boat slip steps from your door. Build your home on the 8807 Shipwatch Drive lot and on the other side of the street is 8808 Shipwatch that you will own to always protect your unobstructed water and sunset view. Located less than 5 minutes to Carolina Beach and a quick drive to Historic Downtown Wilmington this is a great opportunity to build your dream home. The docks were recently update, please note this is gated community so you will need to call for access. Call today to make it yours!

Last Agent to Sell the Property

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 08/17/2020

Last Buyer's Agent

Trina Thomas

Keller Williams Innovate-Wilmington License #239842

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,669

Lot Details

  • 0.42 Acre Lot
  • 83 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Cleared Lot
  • Wooded Lot
  • Marsh on Lot
  • Property is zoned R-15

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Listing and Financial Details

  • Tax Lot 46 and 46A
  • Assessor Parcel Number R08416-001-027-000

Community Details

Overview

  • Shipwatch Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Boat Slip
  • Deeded Waterfront Access Rights
  • Deep Water Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,669

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 86
  • Water Frontage: 83.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Aqua Sewer
  • Service Providers Water Provider: Aqua North Carolina
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Gated, Maint - Comm Areas, Maint - Roads, Street Lights
  • HOAAssociationFee1Year: 1400.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Description: Partially Cleared, Wooded
  • Lot Number: 46 and 46A
  • Lot Sq Ft: 18295.00
  • Lot Water Features: Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Water Access Comm, Water Depth 4+
  • Zoning: R-15
  • Acres: 0.42
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 582142.86
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Marsh/Wetland
  • Lot Number2: 46 and 46A

Tax Info

  • Tax Identifier: R08416-001-027-000
  • Tax Year: 2019

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Feb 16, 2021
Sold by
Gulker Stuart and Stanley Gulker
Bought by
Asher James Floyd and Asher Caroline
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Trina Thomas
Keller Williams Innovate-Wilmington
List Price
$244,500
Sold Price
$210,000
Premium/Discount to List
-$34,500
-14.11%
Current Estimated Value
$968,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,385
Avg. Annual Appreciation
40.37%
Original Mortgage
$130,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2010
Sold by
Gulker Stanley and Gulker Marion
Bought by
Gulker Stanley and Gulker Marion

Purchase Details

Closed on
Mar 12, 2004
Sold by
Debruyne Charles B Nancy C
Bought by
Gulker Stanley Marion

Purchase Details

Closed on
Jun 18, 2002
Sold by
Gale John E Kathleen E
Bought by
Debruyne Charles B Nancy C

Purchase Details

Closed on
Feb 26, 1998
Sold by
Gibbons Joseph H Brigitte
Bought by
Gale John E Kathleen E

Purchase Details

Closed on
May 14, 1996
Sold by
Gibbons Joseph B Bridgett
Bought by
Gibbons Bridgette

Purchase Details

Closed on
Aug 1, 1984
Sold by
Suggs & Harrelson Inc
Bought by
Gibbons Joseph H Brigette

Purchase Details

Closed on
Jan 1, 1983
Sold by
Byers Jr Charles W
Bought by
Suggs & Harrelson Inc

Purchase Details

Closed on
Aug 1, 1982
Bought by
Byers Charles W
Source: Public Records

Range of Values:

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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
Asher James Floyd $210,000 None Available
Gulker Stanley -- None Available
Gulker Stanley Marion $191,000 --
Debruyne Charles B Nancy C $150,000 --
Gale John E Kathleen E $97,500 --
Gibbons Bridgette -- --
Gibbons Joseph H Brigette $46,000 --
Suggs & Harrelson Inc -- --
Byers Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asher James Floyd $464,000
Closed Asher James Floyd $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $210,000 -14.1% --
12/01/2020 12/01/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $244,500 -- --
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 $3,669 $688,100 $235,100 $453,000
2022 $2,643 $501,100 $235,100 $266,000
2021 $1,632 $298,100 $235,100 $63,000
2020 $810 $128,000 $128,000 $0
2019 $810 $128,000 $128,000 $0
2018 $607 $128,000 $128,000 $0
2017 $829 $128,000 $128,000 $0
2016 $887 $128,000 $128,000 $0
2015 $824 $128,000 $128,000 $0
2014 $810 $128,000 $128,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeff Lesley

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • Trina Thomas

    Buyer's Agent in 2021

    Trina Thomas

    Keller Williams Innovate-Wilmington

    (202) 423-6701

    1 in this area

    99 Total Sales

    Trina Thomas
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Map

Source: Hive MLS

MLS Number: 100231911

Hive MLS

APN: R08416-001-027-000

North Carolina New Hanover County Wilmington 28412 River Road

8807 Shipwatch Dr, Wilmington, NC

This home is located at 8807 Shipwatch Dr, Wilmington, NC 28412 since 17 August 2020 and is currently estimated at $968,385. 8807 Shipwatch Dr is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley 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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