NOT LISTED FOR SALE

Estimated Value: $559,000 - $565,090

0.13 Acre
$4,323,423 Price per Acre
5,489 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $60,000

Est. 832% increase in value since last sale

Current estimated payment $3,075/month

74 Days on Market

About This Lot

As of October 2023

Here is an Amazing Opportunity to Build an Awesome Primary or Investment Property in Downtown Wilmington. 50ftx110ft Lot gives you all the space to build a Single Family House and Build an Additional ADU on the Property. Additional Unit in the back can be great for additional income or Mother in Law Suite. Great Price for this size Lot, Mature trees on the lot gives it a great backyard feel and Privacy.

Last Agent to Sell the Property

Ajay Singh

Coldwell Banker Sea Coast Advantage-CB License #301605 Listed on: 07/24/2023

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Dawn Tyndall

Sterling Real Estate Group LLC License #266399

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $317

Lot Details

  • 5,489 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R-5

Schools

  • Forest Hills Elementary School
  • Williston Middle School
  • Hoggard High School

Listing and Financial Details

  • Assessor Parcel Number R05410-018-010-000

Property Details

Property Type

Land

Est. Annual Taxes

$317

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 50

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 236.00
  • Lot Sq Ft: 5489.00
  • Zoning: R-5
  • Acres: 0.13
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 534615.38
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: R05410-018-010-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 317.05

MLS Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Sterling Property Investments Llc
Bought by
Storehouse Holdings Llc
Current Estimated Value
$559,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 5, 2023
Sold by
Nanak Real Estate Llc and Saint Solutions Llc
Bought by
Sterling Property Investments Llc
Seller's Agent
Ajay Singh
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Dawn Tyndall
Sterling Real Estate Group LLC
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
236.26%
Original Mortgage
$351,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2023
Sold by
Vasquez Cheylene and Vasquez George
Bought by
Nanak Real Estate Llc and Saini Solutiuons Llc

Purchase Details

Closed on
Apr 14, 2016
Sold by
Gillis Andrea L and Estate Of Hattie Elizabeth Tin
Bought by
Vasquez Cheylene

Purchase Details

Closed on
Oct 1, 1973
Bought by
Tindall Hatte P
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
Storehouse Holdings Llc $550,000 None Listed On Document
Storehouse Holdings Llc $550,000 None Listed On Document
Sterling Property Investments Llc $60,000 None Listed On Document
Nanak Real Estate Llc $20,000 None Listed On Document
Vasquez Cheylene -- None Available
Tindall Hatte P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storehouse Holdings Llc $2,000,000
Previous Owner Storehouse Holdings Llc $440,000
Previous Owner Sterling Property Investments $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $60,000 -13.7% --
09/18/2023 09/18/23 Price Changed $69,500 -7.3% --
09/11/2023 09/11/23 For Sale $75,000 +25.0% --
09/04/2023 09/04/23 Off Market $60,000 -- --
09/02/2023 09/02/23 For Sale $75,000 +25.0% --
07/25/2023 07/25/23 Off Market $60,000 -- --
07/24/2023 07/24/23 For Sale $75,000 -- --
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
2024 $325 $37,300 $37,300 $0
2023 $325 $37,300 $37,300 $0
2022 $1,903 $37,300 $37,300 $0
2021 $319 $37,300 $37,300 $0
2020 $120 $11,400 $11,400 $0
2019 $120 $11,400 $11,400 $0
2018 $120 $11,400 $11,400 $0
2017 $120 $11,400 $11,400 $0
2016 $218 $19,700 $19,700 $0
2015 $209 $19,700 $19,700 $0
2014 $200 $19,700 $19,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100396144

Hive MLS

APN: R05410-018-010-000